|Bid||173.890 x 100|
|Ask||173.920 x 200|
|Day's Range||171.390 - 174.970|
|52 Week Range||98.000 - 174.970|
|PE Ratio (TTM)||60.82|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Adobe is hosting its Max conference this week -- and as usual, it's using the event to show off some of its latest experiments.
About a year ago, Adobe announced its Sensei AI platform. Unlike other companies, Adobe says that it has no interest in building a general artificial intelligence platform -- instead, it wants to build a platform squarely focused on helping its customers be more creative. This week, at its Max conference, Adobe provided both more insight into what this means and showed off a number of prototypes for how it plans to integrate Sensei into its flagship tools.
Stocks hit record highs on IBM, J&J, Adobe and the Senate's step toward tax cuts. Netflix wowed analysts, but investors gave mixed reviews. United Airlines and General Electric plunged.
Shares of Adobe Systems hit an all-time high on Thursday as the company said it's deepening its commitment to artificial intelligence. Shares in the San Jose-based software company were up as much as 11.8 percent following its analyst day in Las Vegas, where the company gave optimistic guidance for fiscal 2018. Adobe stock is currently trading at $171.43.
Dow and S&P 500 move slightly deeper into record territory on 30th anniversary of the 1987 crash.
Stocks that moved substantially or traded heavily Thursday: United Continental Holdings Inc., down $8.21 to $59.78 The parent of United Airlines said that weak prices will continue the rest of this year ...