Investing.com -- As the second week of December ended, several stocks experienced significant volatility, mostly as a reaction to their earnings results. Out of many, here are Investing.com’s stocks of the week:RBC Capital cut its price target to $590 from $610, citing reduced estimates but maintained an Outperform rating. The firm noted that Adobe’s quarterly results were solid, with record DM net-new ARR, although the upside was smaller compared to recent quarters.
"We continue to prioritize ensuring our Global Linear Networks business is well positioned to continue to drive free cash flow, while our Streaming & Studios business focuses on driving growth by telling the world’s most compelling stories," according to the firm's President and CEO, David Zaslav. The tech giant also unveiled Gemini 2.0, its latest AI model, which Google claims is its most advanced yet.