Both companies are betting AI can boost their software businesses.
Quick Read Adobe stock fell 55% from all-time highs to 18.2x trailing P/E. Oppenheimer and Jefferies downgraded Adobe citing AI disruption and decelerating revenue growth. Apple launched Creator ...
Adobe is investing in new AI tools to enhance productivity in the digital space, leading to double-digit growth in its Digital Media segment. The majority of Adobe's revenues come from high-margin ...