US Top News and Analysis | Adobe tries to climb out of the software stock abyss, with a little help from a buyback and Jensen Huang

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Adobe’s shares have been hammered, falling about 40% from their May 2025 peak as investors fear AI‑driven disruption of the SaaS model, but the company is beginning to recover after its board approved a $25 billion share‑repurchase program and Nvidia CEO Jensen Huang lauded Adobe’s AI‑enhanced tools at the 2026 Adobe Summit. JPMorgan analyst Mark Murphy remains bullish, rating the stock overweight with a $420 target that suggests roughly 70% upside from the current $247 price, citing Adobe’s strong growth, incremental AI monetization, seasoned management and new AI‑infused products such as CX Enterprise Coworker. He argues Adobe’s strategic focus on the “contextual layer” (brand truth, data governance, decisioning) gives it a durable advantage as agentic AI proliferates, and the stock was up about 4% in midday trading.

Read more: https://www.cnbc.com/2026/04/22/adobe-tries-to-climb-out-of-abyss-with-help-from-a-buyback-and-nvidia.html

#Adobe #JensenHuang #Nvidia #JPMorgan #SaaSpocalypse #MarkMurphy

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A Swingin', Singin' Affair by Mark Murphy, released on Fontana in 1965.

A rare British session from vocalist Mark Murphy -- and one of his grooviest albums of the 60s! Mark's working here with great backings from the orchestras of Tubby Hayes, John Dankworth, and Les Reed -- all of whom give Murphy some of his hippest grooves to date, very much in the mode of some of his work on the Midnight Mood album cut for MPS during the same overseas 60s stretch. And as with that one, there's a nice selection of tunes that goes way past the usual -- and which shows off the widest range of Murphy's groovy vocal talents -- titles that include "Ballyhoo", "Iceberg", "Stablemates", "She Loves You", "Come Rain Or Come Shine", "I Left My Heart In San Francisco", "From Time To Time", and "The Best Is Yet To Come" - Dusty Groove

https://www.youtube.com/watch?v=vcbRRdlkZ1k

#MarkMurphy #TubbyHayes #JohnDankworth #VocalJazz #BritJazz #Music #Beatles #Swing