Adobe stock crushed by AI fears. Morgan Stanley cut its price target by more than a third, citing competition from AI alternatives.


Big Tech's AI spending boom is starting to face a reckoning, costs aren't translating to revenue growth the way Wall Street expected.
ADBE-3.20%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned