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AI, Adobe and Online
Online holiday spending rises nearly 9% as deep discounts and AI-powered chatbots fuel purchases, Adobe data says
Deep discounts motivated holiday shoppers to spend, according to Adobe’s data. For every 1% drop in the typical price, demand for merchandise increased by about 1% compared with the 2023 holiday season, Adobe data found. That led to an additional $2.25 billion in online spending.
Online holiday shopping soars to record high amid rise of AI shopping assistants, Adobe data shows
Online holiday shopping soared to a fresh record high in 2024, driven by an array of e-commerce discounts and adoption of AI-fueled shopping assistants, according to data released on Tuesday by Adobe.
Holiday Online Spending Rose 8.7%, Powered by AI Chatbots and Deep Discounts
Online spending surged 8.7% during the 2024 holiday season, reaching over $240 billion, according to Adobe Analytics. This increase was driven by strong demand and AI-powered chatbots, which helped guide shoppers to better deals.
1d
AI Is Reimagining Every Aspect Of Business, Adobe’s Strategy Lead Says
Scott Belsky says AI is collapsing boundaries between traditional business functions and putting more creative ability within ...
4h
Adobe: Strategic Transition To Subscription-Based Model Will Keep Leading Position
Adobe's transition to a subscription-based model ensures stable, predictable cash flows and positions it well for innovation.
14h
Husch Blackwell Hires Former Adobe Counsel to Oversee AI Advisory Offering
Michael Yang will serve as the firm’s inaugural Senior Director of Artificial Intelligence Advisory Services, following an 11 ...
4d
Here's Why Adobe Stock Slumped in December (Hint: It's AI Related)
There's also nothing wrong with Adobe's valuation on a backward-looking basis. With almost $7.9 billion in FCF generated in ...
1d
on MSN
Autodesk, Adobe lead design software names on gen-AI opportunity: Barclays
Autodesk (NASDAQ:ADSK) and Adobe (NASDAQ:ADBE), along with nCino (NASDAQ:NCNO) and Varonis Systems (NASDAQ:VRNS), rank as top ...
20h
Majority Believe That Generative AI Enhanced Shopping Experience: Adobe Analytics Data
Tuesday disclosed online shopping data for the 2024 holiday season, covering the period from November 1 through ...
9h
Adobe Acrobat AI Assistant can transform your document research from your smartphone
You can transform your research and reading using Acrobat's AI features and integrate images better and faster using other ...
digitalcameraworld on MSN
12d
What to expect from Adobe in 2025
Adobe has been at the forefront of image and video software for decades. Photoshop and Lightroom have long been the ...
JD Supra
4d
Adobe Issues Patches for ColdFusion “High Severity” Vulnerability
Adobe recently issued a patch for a high-severity vulnerability for ColdFusion versions 2023.11 and 2021.17 and earlier; according to the ...
2d
New Buy Rating for Adobe (ADBE), the Technology Giant
Barclays analyst Saket Kalia maintained a Buy rating on Adobe (ADBE – Research Report) today and set a price target of $567.00. The company’s ...
4d
Adobe: UBS cuts price target on AI headwinds
UBS has lowered Adobe Systems' (ADBE.VI) price target to $475 from $525 per share, maintaining its Neutral rating. The firm ...
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