Adobe $ADBE Stock In Uptrend Channel, Dark Pool Trade

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Adobe $ADBE stock is trading in an uptrend channel as of December 4, 2022. The stock is still below its 200 day moving average and is in a technical weak downtrend. A dark pool trade occurred in the stock on December 2, 2022.

Adobe stock chart on December 4 2022 with an uptrend channel pattern and a positive MACD and positive money flow
Adobe stock chart on December 4 2022 with an uptrend channel pattern and a positive MACD and positive money flow

Dark Pool Trading In Adobe $ADBE Stock

A dark pool trade occurred in Adobe $ADBE stock on December 2, 2022. The trade was valued at $45 million. We think it was a dark pool buy order because $ADBE stock rose following the trade hitting the tape.

Adobe stock chart on December 4 2022 with dark pool trade shown with orange bar
Adobe stock chart on December 4 2022 with dark pool trade shown with orange bar

Adobe to aid U.S. Bancorp enhance online and in-branch customer experience

Adobe $ADBE announced on October 14, 2022, that it is collaborating with US Bank to provide customers with improved online and in-branch customer experiences that are tailored to their needs and interests. The partnership will build on US Bank’s successful digital transformation, which has given customers a consistent experience across branches, on the web, and on mobile devices, enabling them to conduct banking business in a manner that best suits their needs. This could entail having a discussion about a financial plan with a banker, as well as depositing a check or checking your balance on the US Bank Mobile App. At the moment, nearly 65 percent of loan sales and over 80 percent of consumer transactions at US Bank are conducted digitally. Because there are so many touchpoints, the Adobe Experience Platform will help deliver a single view of the customer, giving the marketing organization greater precision in delivering pertinent and timely content through the appropriate channel.

Adobe partners with Leica, Nikon to implement content authenticity technology

The Content Authenticity Initiative, or CAI, and camera makers Leica and Nikon announced a partnership on October 18, 2022, to integrate provenance technology into two exhibiting cameras, the M11 Rangefinder and the Nikon Z 9, at Photokina. By securely tying important provenance information, such as the when, where, and how each image was taken, at the point of capture, this significant development will enable photographers and other creators to increase trust in their digital work. By enabling users to trace an image’s origins and edit its history throughout the lifecycle of digital content, these details help prevent the spread of misinformation. They also establish an image’s attribution and trustworthiness from the outset.

Adobe CEO Shantanu Narayen: We’re looking to build this company for the long run

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