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How to trade Adobe's upcoming earnings using options
  + stars: | 2024-09-09 | by ( Michael Khouw | ) www.cnbc.com   time to read: +5 min
I'll break down various option trade scenarios into the earnings, focusing on one that will benefit from a big move in any direction. Adobe's Creative Cloud subscription model generates recurring revenue and maintains a solid customer base, from freelancers to large enterprises. Adobe's Document Cloud, featuring Acrobat and PDF solutions, is critical in digital document management and e-signatures. Of course, any bears out there could also use a calendar to bet on a downside move, using a $500 Sep/Jan put calendar. Combining the call and put calendar is a trade I usually refer to as a strangle swap.
Persons: Adobe Sensei, Jan, I've Organizations: Adobe, Labor, CNBC, NBC UNIVERSAL
A majority (57%) of all surveyed consumers believe generative AI will enhance their personal creativity, and the number rises as consumers get younger: 75% of Gen Z consumers say generative AI will make them more creative. And when it comes to their experiences with brands, 72% of global consumers say generative AI will improve their customer experiences, with eight out of ten millennial (80%) and Gen Z (83%) consumers expressing similar optimism. Consumers want companies to use generative AI to improve experiences – responsiblyWhen it comes to the most important things companies should do when using new generative AI technologies, consumers ranked responsibility #1, with 34% prioritizing actions like having guardrails in place to encourage responsible use. Generative AI will help boost efficiency and make customer experiences more personal. Learn more about Adobe's differentiated approach to generative AI – including next-generation customer experiences enhanced by Adobe Sensei GenAI, and our creative co-pilot Adobe Firefly.
Persons: Anil Kamath, there's, Adobe, they've, , Adobe Sensei GenAI Organizations: Adobe, CAI, CX, Insider Studios Locations: United States, United Kingdom, Denmark, Netherlands, Sweden, Germany, France, Australia, New Zealand, Japan, India, Singapore, Thailand, Malaysia
Adobe's Photoshop Elements and Premiere Elements 2023 add creative features that require no editing experience. Photoshop Elements 2023 and Premiere Elements 2023 cost $100 each or bundled for $150. You can also upgrade from any previous version for $80 for either Photoshop Elements or Premiere Elements, or both for $120. Adobe Photoshop Elements 2023 & Premiere Elements 2023 For the 2023 version, Adobe Photoshop Elements and Premiere Elements have been optimized for faster performance, especially on Apple M1 computers. Improved performance on Apple M1 computersAdobe said Photoshop Elements and Premiere Elements 2023 have faster launch times — up to 70% — on Macs that use Apple's M1 processor.
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