“EARNINGS as Stocks Slip! ORCL and Adobe!”
Adobe faces structural headwinds from AI competition and leadership changes, resulting in a bearish technical trend and lack of investor confidence.
Adobee's holding on to that 2% loss.
Adobe's coming up. Adobe just appointed a new CEO, by the way, about a week ago. So, the new CEO, uh the stocks fell like 2% after they picked a new CEO. It just doesn't I don't know that it really like puts confidence in the stock when they're like, "Yeah, you know, our strategy sucks so badly. We got to fire the CEO and start over."