Apple vs. Adobe: Which AI-Driven Tech Stock Has an Edge Now? [Yahoo! Finance]
Apple Inc. (AAPL)
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Source: Yahoo! Finance
Apple AAPL and Adobe ADBE are infusing AI into their core offerings. While Apple is infusing Apple Intelligence into its core operating systems that power iPhone, iPad, Mac and Wearables, Adobe is incorporating AI into its software solutions for creators, marketers and business professionals. According to IDC, global spending on AI-supporting technologies, including infrastructure, will surpass $758 billion by 2029. Gartner expects worldwide spending on AI to be $2.52 trillion in 2026, a 44% increase over 2025. Spending on AI Software is expected to be $452.46 billion in 2026, trailing AI infrastructure-related spending of $1.37 trillion and AI services-related spending of $588.65 billion. The spending projections bode well for both Apple and Adobe. However, both stocks are playing catch-up in the AI domain against the likes of Microsoft, Amazon and Alphabet. In the trailing 12-month period, Adobe shares have lost 41.1%, underperforming Apple's appreciation of 15.5%. Apple and
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