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Why do all the new shopping bots recommend the same gift for mom? [Los Angeles Times (CA)]

Adobe Inc. (ADBE)  More Company Research Source: Los Angeles Times
Last adobe inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: adobe.com/investor-relations.html
agentic checkout feature “can do the heavy lifting to help you get the perfect item without blowing your budget.” OpenAI unveiled a free ChatGPT tool it says can generate a personalized gift-buying guide. New artificial intelligence shopping tools are sprouting right and left just in time for the holidays, when consumers are expected to spend a record $253 billion online. Technology companies and retailers are rushing to get ahead of a shift in consumer behavior that prognosticators say will one day see people using autonomous agents to research, price and buy products rather than plugging queries into a search engine. E-commerce hasn't changed all that much over the past 20 years, and there are signs people are itching for something new. More than 1 in 3 US consumers said they have used AI tools to assist in online shopping, mostly for product research, according to a September survey conducted by Adobe Inc. And the consulting firm McKinsey & Co. forecasts that so-called agentic [Read more]
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Stockreport

Why do all the new shopping bots recommend the same gift for mom? [Los Angeles Times (CA)]

Adobe Inc.  (ADBE) 
More Company Research Source: Los Angeles Times
Last adobe inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: adobe.com/investor-relations.html
agentic checkout feature “can do the heavy lifting to help you get the perfect item without blowing your budget.” OpenAI unveiled a free ChatGPT tool it says can generate a personalized gift-buying guide. New artificial intelligence shopping tools are sprouting right and left just in time for the holidays, when consumers are expected to spend a record $253 billion online. Technology companies and retailers are rushing to get ahead of a shift in consumer behavior that prognosticators say will one day see people using autonomous agents to research, price and buy products rather than plugging queries into a search engine. E-commerce hasn't changed all that much over the past 20 years, and there are signs people are itching for something new. More than 1 in 3 US consumers said they have used AI tools to assist in online shopping, mostly for product research, according to a September survey conducted by Adobe Inc. And the consulting firm McKinsey & Co. forecasts that so-called agentic [Read more]
IMPACT SNAPSHOT
EVENT TIME:
ADBE
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS