Adobe Projects Lackluster Sales With AI Competition Intensifying

March 14, 2024, 8:18 p.m. | Brody Ford

Bloomberg Technology bloomberg.com

Adobe Inc. gave a weak outlook for sales in the current quarter, fueling concerns that new AI-focused startups pose a competitive threat. The shares dropped about 9% in extended trading.

adobe competition concerns current nms:adbe outlook projects sales shares startups threat trading

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