Adobe stock sinks
Adobe’s weak forecast stokes fears of AI disruption, sending its stock lower
In terms of fiscal 2025 revenue, Adobe is guiding for a range of $23.3 billion to $23.6 billion, trailing the analyst’s forecast of $23.8 billion. Adobe’s stock was down more than 9% after-hours, completely erasing a slight gain it had made earlier during the regular trading session.
Adobe Camera Raw can now remove photo-ruining reflections
By Siddarth S (Reuters) -Shares of Adobe fell nearly 12% on Thursday after the Photoshop maker's downbeat full-year revenue ...
Adobe’s management team is bullish on the AI opportunity in creative services, but Wall Street is growing impatient on the ...
Over the short-term, investors can expect to see a “dead cat bounce” from the $475 price that is likely to be reversed as ...
Adobe shares fell nearly 13 per cent on Thursday, on track for its biggest daily loss since March, after it forecast a weaker ...
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The Photoshop maker’s stock has underperformed this year as it forecasts slower revenue growth, even as the company exceeds ...
Christopher Carey, VP and portfolio manager at Carnegie Investment Counsel, says "the buildout for AI is a multi-year, if not ...
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