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Can Adobe Stock Surge To $500?
Trefis10d agobullish
Can Adobe Stock Surge To $500?

Adobe (ADBE) says its freemium creative apps now draw more than 100 million monthly active users, a base up over 70% in a year. Management chose to chase that growth rather than take the "short term relief" that pricing actions might have delivered. Over the same stretch, the shares lost 28% in the year to September 11. At 14 times net income for the four quarters through May, the stock sells for less than half its three-year average multiple of 30.8.

Anthropic, OpenAI now want to tame the rapid pace of AI development
Yahoo Finance Video11d agoneutralVIDEO
Anthropic, OpenAI now want to tame the rapid pace of AI development

Anthropic (ANTH.PVT) CEO Dario Amodei and OpenAI (OPAI.PVT) CEO Sam Altman are in agreement that the AI industry needs to pace its development. Yahoo Finance's Jake Conley and Pras Subramanian are joined by Business Insider Today executive editor Dan DeFrancesco to discuss the two business leaders' latest statements and what these sentiments may ultimately mean for the AI frontier.