Intuit Inc. shares plunged 12% to about $315 on August 26 despite beating fiscal Q4 earnings estimates, after the company guided fiscal 2027 revenue growth of only 9-10%, with TurboTax growth projecte…
Adobe Inc. (ADBE) faces questions about its competitive edge despite strong adoption of its AI features, according to a Yahoo Finance analysis. The company's AI tools have gained traction, but concern…
Adobe Inc. announced the general availability of audio capabilities in Firefly, its creative AI tool suite, enabling users to generate music, speech, and sound effects. The new tools include Generate …
Adobe Inc. faces mounting pressure from open-source alternatives like RapidRAW, a free photo editor built in two weeks by an 18-year-old, which has gained 9.2k GitHub stars in over a year compared to …
Leopold Aschenbrenner's $24 billion AI-focused hedge fund Situational Awareness sold off the bulk of its public equities to Ken Griffin's $71 billion Citadel fund after suffering massive losses on AI …
Nvidia Corp. today announced the launch of the Open Secure AI Alliance (OSAA), a new organization founded by technology, cloud computing and cybersecurity leaders including Adobe, Cisco, IBM, and Sale…
Online spending across all US retailers hit $8.3 billion on the first day of Amazon Prime Day, beating Adobe's estimate of $7.9 billion. Adobe expects total online spending to reach $26.3 billion over…
Adobe Inc. is considering internal executives David Wadhwani and Anil Chakravarthy as leading candidates to replace outgoing CEO Shantanu Narayen, while also hiring Heidrick & Struggles to search for …