Adobe Slips After Revenue Outlook Fails to Sway AI Skeptics

(Bloomberg) — Adobe Inc. shares fell the most in three months after the creative-software company gave a sales outlook for the current quarter that failed to calm investors who have been skeptical it can hold its own against AI-focused upstarts.

Adobe has become a central focus of investors debating whether artificial intelligence tools will disrupt traditional software industry leaders. Design applications like those from Canva Inc.

Read more

You may also like

Comments are closed.

More in IT