Adobe Shares Fall Despite Earnings Beat as AI Focus Shifts

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 50 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 63%

Technology ニュース

Adobe,AI,Earnings

Despite beating earnings expectations, Adobe shares tumbled after-hours due to lowered guidance for the fourth quarter. Analyst Charlie Miner believes the narrative around Adobe is shifting, with investors now seeing it as a leader in AI rather than a potential victim of AI disruption.

s, but its guidance for the fourth quarter fell short of Street expectations, sending shares plummeting in after-hours trading. Third Bridge analyst Charlie Miner described the results as"not great... also not a disaster."

Um over the last couple of months though more and more people are starting to believe that it's gonna be really hard to commercialize one of these uh new A I power disruptor tools.So uh not a great print, but I think the leadership team is gonna come on and still be very optimistic.It sounds like you, you do share some confidence that Adobe has a, a sort of a good enough moat that it's gonna be able to retain Cher from some of those new A I entrants.

But they're one of these companies where it's not super speculative and I actually expect these ad revenues to be tangible and material in the coming quarter. And then on the digital experience side, they're obviously in this constrained software selling environment.So it's gonna make that Q four print all the more important, especially coming off a disappointing uh Charlie.Because as you mentioned, maybe it's a little bit more of a intuitive case for graphic software to incorporate A I.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 47. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Stock market today: Dow hits record, S&P 500, Nasdaq rise despite fall in Nvidia sharesThe dust is settling after Nvidia's solid but disappointing earnings, as investors reassessed the prospects for techs.
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »