Adobe shares fall as downbeat forecast fans worries about …

Mar 15, 2024 · Adobe shares fell 12% on Friday as a lackluster quarterly forecast reinforced concerns about rising competition for the company's creative suite including Photoshop and …

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Adobe Shares Fall As Downbeat Forecast Fans Worries About …

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Mar 15, 2024 · Adobe shares fell 12% on Friday as a lackluster quarterly forecast reinforced concerns about rising competition for the company's creative suite including Photoshop and …

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Adobe Drops As Weak Forecast Fans Worries About Competition, AI …

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Mar 15, 2024 · Adobe's shares fell 12% on Friday as the company's lackluster quarterly forecast raised fears about strong competition and disappointed investors who were hoping for a boost …

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Adobe Stock Sinks As Weak Outlook Stokes Fears Over AI …

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Dec 12, 2024 · Adobe stock sank nearly 14% Thursday after its weak outlook stoked investor fears that the company's AI tools aren’t paying off quickly enough to stave off growing …

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Adobe Falls As Annual Revenue Forecast Triggers Concerns On …

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Dec 12, 2024 · Shares of Adobe fell nearly 12% on Thursday after the Photoshop maker's downbeat full-year revenue forecast led to concerns that returns from AI investments into its …

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Adobe Drops As Weak Forecast Fans Worries About Competition, AI …

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Mar 15, 2024 · Adobe drops as weak forecast fans worries about competition, AI efforts. Adobe's shares fell 12% on Friday as the company's lackluster quarterly forecast raised fears about …

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Adobe Drops On Weak Forecast Fueled By AI Competition Fears

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Adobe Inc. dropped about 10% in extended trading after giving a weak outlook for sales in the current quarter, fueling concerns that new AI-focused startups pose a competitive threat.

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Adobe Tumbles Most Since 2022 As AI Competition Heats Up

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(Bloomberg) -- Adobe Inc. tumbled 14% on Friday after a weak sales outlook for the current quarter fueled concerns that new AI startups are a competitive threat.Most Read from …

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FAQs about Adobe shares fall as downbeat forecast fans worries about … Coupon?

Will AI Challenge Adobe's grip on the graphics industry?

Artificial-intelligence startups such as Stability AI and Midjourney are looking to challenge Adobe's years-long grip of the graphics industry. Overall revenue forecast was also below estimates, with Adobe CEO Shantanu Narayen saying "expectations were perhaps a little higher ... in terms of what we would guide for Q2". ...

Why did Adobe stock drop 14% Thursday?

Adobe (ADBE) stock sank nearly 14% Thursday after its weak outlook stoked investor fears that the company's AI tools aren’t paying off quickly enough to stave off growing competition from other generative AI software makers. ...

Why did Adobe Stock fall 12% on Friday?

Picture taken October 19, 2021. REUTERS/ Tom Bergin/File Photo Purchase Licensing Rights March 15 (Reuters) - Adobe (ADBE.O) shares fell 12% on Friday as a lackluster quarterly forecast reinforced concerns about rising competition for the company's creative suite including Photoshop and disappointed investors hoping for a boost from AI integration. ...

Will generative AI-based startups cut into Adobe's market?

The longtime leader in software for creative arts professionals has faced anxieties that new generative AI-based startups will cut into its market. Adobe has responded by putting its proprietary AI model, Firefly, into its top products such as Photoshop and Illustrator. ...

Is adobe still monetizing AI?

Its shares have fallen about 4 per cent this year, after jumping 77 per cent in 2023. “Mixed messages are hard to interpret,” Piper Sandler analysts said, adding Adobe was still in the early stages of monetizing AI across its main platforms. ...

Why did Adobe Stock fall in extended trading?

(Updates with share decline in fourth paragraph) Adobe Inc. fell in extended trading after giving a revenue forecast for the current quarter that missed Wall Street estimates, fueling investor impatience for the company’s AI tools to begin generating sales. ...