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Stock impact report

AI ‘Roadkill' Fears Haunt Traders Two Years After ChatGPT Debut [Yahoo! Finance Canada]

Adobe Inc. (ADBE) 
Last adobe inc. earnings: 3/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: adobe.com/investor-relations.html
Most Read from Bloomberg Earlier this month, Adobe Inc. shares plunged after giving a disappointing revenue forecast. The report rekindled worries that despite developing its own AI tools, the company is still at risk of losing business to startups like OpenAI and Runway AI. Shares of the maker of photo and video-editing software are now on pace for the worst month in over two years. Adobe is the latest cautionary tale for investors even though the jury is still out on whether AI will prove to be a boon or bust for its business and others like it. For all of the angst, a view of the clear winners and losers remains murky. “It is too soon to say whether a company can adapt to AI or be roadkill,” said Gil Luria, the head of technology research at D.A. Davidson. AI is the most disruptive technology since the internet, but its impact on the market will take more than 24 months to play out, Luria added. Some companies that investors thought would be at-risk have thrived. Take Duol Show less Read more
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