This news was welcomed by investors of both companies, with GETY stock rising 25% and SSTK stock rising 14% on Tuesday, ...
News of the merger sent Getty stock surging by nearly 60% in pre-market trading on Tuesday. The stock was selling at $2.57 a ...
Shares in digital media technology company Adobe (NASDAQ: ADBE) fell by 13.8% in December, according to data provided by S&P ...
Getty Images and Shutterstock agreed to a merger, creating a more formidable competitor for Adobe as generative AI shifts the ...
Photo: Matthias Balk/dpa (Photo by Matthias Balk/picture alliance via Getty Images) Adobe stock has seen a 15% fall in a week after the company reported its Q4 results for fiscal 2024. Although ...
Yet, the stock price dropped 27% over the past year. The disruption from AI-driven text-to-image/video tools impacts the lower-end segment of the content creation market, but Adobe's position in ...
Adobe stock was falling after the maker of Photoshop provided disappointing revenue guidance. Adobe said it expects first-quarter revenue to be between $5.63 billion and $5.68 billion, which was ...
Adobe is riding on the solid momentum in its family of creative, Generative AI (Gen AI) models, namely Firefly. It has been used to generate 13 billion images since March 2023 and is seeing rapid ...
Adobe's stock was met with several price target reductions ... That position is disappointing some investors. Image source: Getty Images. On the other hand, the competition in the creative space ...