When all your profits go into rewarding shareholders. As it should.
$ADBE (Adobe Systems Inc) is one of the rare tech companies not absurdly increasing capex to build AI infrastructure, instead relying on R&D to improve products and leveraging the infrastructures of $AMZN (Amazon.com Inc) and $MSFT.
Still overvalued though. ... Show More
Serious question: what makes you think it's overvalued?
I'd day it's even a bit undervalued. GenAI developments do potentially put a dent into its utility long term, so there is definitely a risk, but I wouldn't say it's overvalued.... Show More
1 reply
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