Adobe Earnings Highlight Strong Growth Amid AI Disruption Concerns
bmscapital.substack.com
The buzz of the week? Adobe (NASDAQ:ADBE) – the software company known for developing PDF and for its flagship product, Photoshop released its earnings last week. Over the previous year, Adobe holders have seen their prices fluctuate, in part due to the AI disruption. Adobe’s release of the Firefly lured investors as AI could help Photoshop users generatively fill areas. Then, OpenAI released Sora. Although Sora has not been released fully, its ability to create text-to-video images worries Adobe investors. This led to a 1Y beta of approximately 1.8. Last week’s earnings gave a more in-depth view into the future of Adobe and AI.
Adobe Earnings Highlight Strong Growth Amid AI Disruption Concerns
Adobe Earnings Highlight Strong Growth Amid…
Adobe Earnings Highlight Strong Growth Amid AI Disruption Concerns
The buzz of the week? Adobe (NASDAQ:ADBE) – the software company known for developing PDF and for its flagship product, Photoshop released its earnings last week. Over the previous year, Adobe holders have seen their prices fluctuate, in part due to the AI disruption. Adobe’s release of the Firefly lured investors as AI could help Photoshop users generatively fill areas. Then, OpenAI released Sora. Although Sora has not been released fully, its ability to create text-to-video images worries Adobe investors. This led to a 1Y beta of approximately 1.8. Last week’s earnings gave a more in-depth view into the future of Adobe and AI.