Welcome to episode 143 of Magic Markets! Continuing with our new format, we explore two tech giants with cloud software-as-a-service models. Adobe, often called "Microsoft for creatives," has delivered strong recent returns and has some rather exciting developments in Artificial Intelligence (AI). Salesforce is also brilliantly positioned for AI, so the companies have more in common than you might think. Perhaps most importantly, we each picked out favourite at the end. Join us on the podcast! Have we piqued your interest? Are you hungry for more? If so, you can opt in for more insights when you sign up for Magic Markets Premium for just R99/month.
Use the podcast player below to listen to our discussion on Adobe and its Q2’22 result, which accompanies the detailed write-up below: (Date of report: 22 June 2022) If you’ve ever hired a graphic designer or worked with a professional marketing team to design and run a campaign, we can almost guarantee that you’ve been an indirect customer of the Adobe ecosystem. Adobe is a business that evolved from making free cash flow of around $2bn in 2013 to generating nearly $14.5 billion in 2021. A shift to a subscription model was a huge driver of this, with Adobe exhibiting a [...]