Adobe's stock drop highlights this fundamental disconnect over AI
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Adobe's management is optimistic about AI's potential in creative services, but Wall Street is concerned about the timeline for revenue growth, leading to a drop in Adobe's stock.
December 12, 2024 | 3:45 pm
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Adobe's stock has dropped due to a disconnect between management's optimism about AI in creative services and Wall Street's impatience with the revenue timeline.
The article highlights a fundamental disconnect between Adobe's management and Wall Street regarding AI's revenue potential. While management is optimistic, Wall Street's impatience has led to a stock drop, indicating a negative short-term impact.
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