Adobe's Annual Performance Falls Short of Expectations, AI Rise May Take Market Share!
American software company Adobe Inc. saw its stock price plummet in extended trading due to disappointing annual sales forecasts released by the company. This news has raised concerns in the market about Adobe potentially losing market share in the increasingly competitive field of artificial intelligence. According to Adobe's statement, the company's annual revenue is expected to reach $23.4 billion by November 2025, while the average analyst expectation is $23.8 billion. Adobe is a company well-known for its creative software and has been advancing its products in recent years.
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