Today we are taking a look at Adobe #Stock #ADBE after they reported Q2 2024 results. After a 20% YTD selloff driven by fears of generative AI disrupting the business, Adobe's strong Q2 performance, with a beat on revenues and earnings and an increase in full-year guidance, pushed shares up 15%. We explore if this rebound can last and if Adobe has found its bottom. Let me know if you think ADBE is a buy at $530?
0:00 Intro
1:30 Results & Outlook
5:40 Adobe Terms Protests
9:00 Financials
13:22 Technicals
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