Signal #124868NEGATIVE

Adobe Tumbles 9% on CFO Exit, Downgrades: Is the AI Threat Now Salesforce’s Problem Too?

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Adobe (NASDAQ:ADBE) shares are getting hammered on Friday, down 9% to $198 after the design-software giant reported a beat-and-raise quarter that investors decided to sell anyway. The move follows Thursday’s 6% drop to $218.80, stretching a brutal week into something closer to a capitulation. The selloff is striking because the numbers were strong. Adobe posted ... Adobe Tumbles 9% on CFO Exit, Downgrades: Is the AI Threat Now Salesforce’s Problem Too?

AI Stock Newsabout 4 hours ago
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Adobe Tumbles 9% on CFO Exit, Downgrades: Is the AI Threat Now Salesforce’s Problem Too? | Steek AI Signal | Steek