Today, Adobe shares rose 1.5% to $502.31. ADBE said on Monday that it has begun publicly releasing an artificial intelligence model that can generate videos based on text prompts. The technology, called the Firefly Video Model, will compete with ChatGPT maker OpenAI's Sora. Of the 40 brokerage firms, 31 rated the stock “buy” or higher, 7 rated “hold”, and 2 rated “sell” or lower; its median PT was $640

Today, Adobe shares rose 1.5% to $502.31. ADBE said on Monday that it has begun publicly releasing an artificial intelligence model that can generate videos based on text prompts. The technology, called the Firefly Video Model, will compete with ChatGPT maker OpenAI's Sora. Of the 40 brokerage firms, 31 rated the stock “buy” or higher, 7 rated “hold”, and 2 rated “sell” or lower; its median PT was $640