- Editor's PickSeana Smith•yesterdayDeutsche Bank drops to record low; Wells Fargo hit with $2.6B class action suit; Goldman, Morgan Stanley bullish on Marriott
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- Barrons.com•7 hours ago
Microsoft (MSFT) kicked off its "Ignite" user conference in Atlanta today, and a couple observers from the Street took a look at what the company had to discuss, concluding Microsoft is being more ambitious, more aggressive with cloud computing, with a greater and greater focus on unseating Salesforce.com (CRM). In conjunction with the conference, Microsoft announced a new set of "metrics" it will disclose on a quarterly basis. Deutsche Bank's Karl Keirstead, who has a Buy on Microsoft shares, and a $65 price target, was there all day today, and notes that "key incremental news included the ADBE partnership, new Azure services (Azure Stack, Azure Monitor, new WAF functionality) and the GA of Windows Server 2016 (including the new container-friendly Nano Server)." He was referring to yesterday's announcement that Adobe (ADBE) plans to move more and more of its "Creative Cloud" and other apps to Microsoft's "Azure" cloud computing platform.
- TheStreet.com•7 hours ago
The company's Ignite conference provides fresh proof that it's serious about pursuing artificial intelligence and cloud services. The tech world is taking notice.
Adobe Systems Incorporated (ADBE)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Bid||109.45 x 200|
|Ask||110.00 x 200|
|Day's Range||106.74 - 109.76|
|52wk Range||71.27 - 109.76|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||55.97|
|Avg Vol (3m)||2,238,484|
|Dividend & Yield||0.00 (0.00%)|