Acquisition is needed in order to add value to its current organic development within the organisation.Take note that Tesla is having own R&D and manufacturing facilities for their in-house batteries production. Hope this is not a rumour but an actual business plan to drive in next success plan.
Buying own company shares is good but we as an investor we need to know what type of investor we are at the first place. if you are value investor focusing on company's fundamental and go for long term with high conviction, then, you have done your study with a game plan. In my opinion, his current buying shares is not really able to determine a long term strategy yet. I can imagine there are traders going to ride on this short term trend. What is your investing mindset and style?
In general investors are shifting funds from one sector to another sector driving by the profitability/ market info/fear, etc. If and only it, the company’s fundamentals are good, it is a good opportunity to go for low.
Both are in the leading position on this AI trend till 2028. It is quite depending on individual investor's Investing philosophy, stock preference and portfolio size.
This ain't a good news especially at this juncture with such a volatile market. However FA will kick in and to determine about your conviction to Adobe. Let see.
Adobe Fell Nearly 3% in Premarket Trading after Its Disappointing Financial Results