What's Going On With IBM Shares On Tuesday?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 21 2024
0mins
Should l Buy ADBE?
Source: Benzinga
- IBM Granite Models Integration: IBM plans to make its IBM Granite model series available on Salesforce's CRM Einstein 1 platform, offering clients more AI models for decision-making in CRM use cases.
- Granite Code Models: The IBM Granite code models range from 3B to 34B parameters and are designed for tasks like code generation and bug fixing.
- Partnership with AWS: IBM and AWS are collaborating to combine Amazon SageMaker and watsonx.governance on AWS, providing advanced AI governance capabilities for predictive machine learning and generative AI models.
- Open Source Release: IBM will release a family of IBM Granite models into open source and has launched InstructLab in partnership with Red Hat.
- Other Partnerships and Services: IBM is partnering with Adobe on hybrid cloud and AI solutions, introducing new consulting services for client adoption of Adobe Express, with capabilities expected to be available in the second half of 2024.
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Analyst Views on ADBE
Wall Street analysts forecast ADBE stock price to rise
26 Analyst Rating
13 Buy
11 Hold
2 Sell
Moderate Buy
Current: 275.130
Low
270.00
Averages
431.08
High
660.00
Current: 275.130
Low
270.00
Averages
431.08
High
660.00
About ADBE
Adobe Inc. is a global technology company. The Company's products, services and solutions are used around the world to imagine, create, manage, deliver, measure, optimize and engage with content across surfaces and fuel digital experiences. Its segments include Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment is centered around Adobe Creative Cloud and Adobe Document Cloud, which include Adobe Express, Adobe Firefly, Photoshop and other products, offering a variety of tools for creative professionals, communicators and other consumers. The Digital Experience segment provides an integrated platform and set of products, services and solutions through Adobe Experience Cloud. The Publishing and Advertising segment contains legacy products and services. In addition, its Adobe GenStudio solution allows businesses to simplify their content supply chain process with generative artificial intelligence (AI) capabilities and intelligent automation.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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