Mar 15, 2024 - Economy
Charted: Adobe AI timeline disappoints
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Adobe's stock fell 13.7% today after the company projected quarterly revenue that fell short of estimates, Hope writes.
The big picture: Investors are increasingly focused on results from new AI tools, over hype.
- AI will be "slower to monetize than investors want," Jefferies analyst Brent Thill wrote, per MarketWatch.
