S&P 500 Gains and Losses Today: Adobe Stock Falls as Guidance Blurs AI Outlook
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The S&P 500 and other major U.S. equity indexes declined following a surprise increase in wholesale inflation as reported by the Producer Price Index for November. Adobe's stock fell due to unclear guidance on its AI outlook.
December 12, 2024 | 10:00 pm
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Adobe's stock fell as the company's guidance on its AI outlook was unclear, contributing to investor uncertainty.
Adobe's unclear guidance on its AI outlook has led to investor uncertainty, causing a decline in its stock price. This is significant as AI is a key growth area for the company.
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