#Adobe announces $25,000,000,000 stock buyback

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tawny anvil
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https://finance.yahoo.com/news/why-adobe-adbe-stock-today-144258014.html

“Hey, sorry we decided to embezzle all our artists’ data, tweak it with generative-AI and sell it as stock imagery and training data.”

Who cares about profit margins when the share buyback denomination is 50x the total profit margin of the business? I still think stock buybacks are a form of market manipulation that are incompatible with AI technology. Companies will just steal, then convert ill-gotten gains into buybacks to bypass any blowback from the public affecting their share price. Rinse and repeat.

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Yahoo Finance
Why Adobe (ADBE) Stock Is Up Today

Shares of creative software maker Adobe (NASDAQ:ADBE) jumped 17% in the pre-market session after the company reported a “beat and raise” quarter. First-quarter earnings results beat analysts' revenue, remaining performance obligations (RPO – leading revenue indicator), and EPS expectations. These beats were driven by massive outperformance in it...

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Adobe announces $25,000,000,000 stock buyback

icy rock
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lot of different ways to calcualate profit margin. Adobe annual revenue is about 5 billion a quarter, or 20B a year.

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seems to be about 30% margin, so that means they can afford to buyback 12B of shares a year

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they announced they plan to buy back about 2 years of profits, and this will be spread over a multi-year period

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as for the rest, well the courts don't think it's theft now, I see your point

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what I wonder about, I don't have an answer, is how well can AI + human artists create new fresh content now

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like is it really all regurgitation that will degrade in quality with each generation

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require 'fresh' content made the hard way (painting, drawing, etc by humans) to keep feeding AI?

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or is it super easy now?

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or will be