Adobe shares fell, after the software maker gave a disappointingly weak outlook for its new fiscal year. Adobe (ADBE) stock was down more than 11% shortly after the market open, at around $486 a share ...
with analysts expecting higher revenue and profits as Adobe closes its fiscal year. Analysts are mostly bullish on the Photoshop and other software maker's stock, with the 15 analysts tracked by ...
Shares of Tesla and Alphabet slip after both stocks set record closing highs on Wednesday, Adobe stock falls sharply after the maker of Photoshop issues a disappointing outlook, and Ciena surges after ...
In addition, Adobe faces growing competition from rivals in the artificial intelligence industry, such as Stability AI Inc., OpenAI and Midjourney Inc., which all provide access to tools that can ...