Analyst Explains Why Adobe (ADBE) Investors are Becoming ‘Increasingly Frustrated’

We recently published a list of Wall Street Analysts Can’t Stop Talking About These 10 AI Stocks. In this article, we are going to take a look at where Adobe Inc (NASDAQ:ADBE) stands against other stocks Wall Street analysts can’t stop talking about.

Henry Ajder, Latent Space Advisory founder, said in a latest program on CNBC that lack of fresh data remains a key challenge for the performance of AI systems after a period of “huge” developments and fast learning.

“I think data is the real problem here. We have a finite amount of data available on the internet and a limited number of sources for live, fresh data. I believe this is becoming an increasingly significant challenge, especially as legal issues surrounding how companies obtain and use data are becoming more prominent,” the analyst said.

Ajder believes there won’t be a complete “halt” to the progress in AI systems but in 2025 we are expected to see a slowdown. Answering a question about the AI’s ability to make up data, called synthetic data” to train itself, the analyst said this domain has shown promise but there are risks of synthetic data potentially corrupting the training models.

READ ALSO 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In

For this article we picked 10 AI stocks currently trending based on latest news. With each stock we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (see more details here).

Copyright: rawpixel / 123RF Stock Photo

Number of Hedge Fund Investors: 123

Charlie Miner from Third Bridge recently explained on Schwab Network the core problems faced by Adobe.

“What Adobe Inc (NASDAQ:ADBE) is really struggling with right now is the lack of a growth catalyst. You can go back to the fall of 2022 when they proposed a $20 billion acquisition of Figma. They knew their core business, the digital media segment, was slowing in growth. Because that deal fell through and with the development of generative AI, Adobe is now looking to AI for Firefly as that catalyst.

Story Continues