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Why is Adobe stock falling despite a revenue and earnings beat?

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Adobe beat Wall Street estimates for third-quarter revenue on Thursday as demand for its AI-integrated products continued to grow, but a softer-than-expected fourth-quarter outlook raised fresh questions about the software maker’s competiti…

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Why is Adobe stock falling despite a revenue and earnings beat?
Invezz 58m ago

Why is Adobe stock falling despite a revenue and earnings beat?

Adobe beat Wall Street estimates for third-quarter revenue on Thursday as demand for its AI-integrated products continued to grow, but a softer-than-expected fourth-quarter outlook raised fresh questions about the software maker’s competiti…

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