Retail & Tech Try To Transform

Motley Fool Money

The Motley Fool

Business, Investing

4.4 • 3K Ratings

🗓️ 16 March 2023

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

Adobe wants to be a customer experience platform, and a discount retailer is upscaling.

(0:21) Deidre Woollard and Asit Sharma discuss:
- Adobe’s quarter, and issues acquiring Figma.
- Tech companies rushing to launch generative AI.
- Five Below converting stores to Five Beyond.
- Labor issues for Dollar General.

Plus, (15:50) stock market madness continues. Bill Mann and Nick Sciple face off to pitch a stock in a better buy debate.
Companies discussed: ADBE, FIVE, DG, PAC, BWXT

Host: Deidre Woollard
Guests: Asit Sharma, Bill Mann, Nick Sciple
Producer: Ricky Mulvey
Engineer: Dan Boyd

Transcript

Click on a timestamp to play from that location

0:00.0	A Dobe in 5 below try to transform and our stock market madness tournament continues.
0:10.0	We're listening to Motley Fool Money.
0:21.1	Welcome to Motley Fool Money.
0:22.4	I'm Deja Woolard sitting in for Chris Hill and I'm joined today by Motley Fool and
0:26.4	the list Asset Sharma.
0:27.4	Hi Asset, how are you doing today?
0:29.4	Great teacher, how are you?
0:31.4	I'm doing well.
0:32.4	I want to talk today about a couple of interesting earnings and what they say about larger sectors.
0:38.0	So it's been kind of a challenging quarter for tech in general.
0:41.9	So I thought Adobe's earnings were welcome surprise.
0:45.1	I still tend to think of Adobe as the Photoshop company.
0:48.9	But when I looked at the earnings, it's more about digital experience now and that really
0:53.5	seems to be growing.
0:55.0	Do you think Adobe's more of a customer experience company now?
0:58.4	It's certainly trying to be Deja.
1:00.5	It over the years had acquired many smaller companies to build out this suite of tools
1:06.9	that now expresses itself as the creative cloud.
1:10.8	And so this approach lets them keep acquiring pieces and develop pieces internally to plug
1:17.6	and play by broadening it out to experiences.
1:20.9	They give themselves some latitude.
1:24.4	If a new technology comes along which they're either not very good at themselves or haven't
	...

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