Adobe Projects Strong Profit, Signaling It’s Part of AI Boom

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Adobe Inc. raised its annual profit outlook, and projected strong future sales for its creative products, suggesting its customers are adopting the company’s new artificial intelligence-based tools. The shares jumped more than 14% in extended trading.

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Adobe projects strong profit, signaling it's part of AI boomAdobe Inc. raised its annual profit outlook, and projected strong future sales for its creative products, suggesting its customers are adopting the company’s new artificial intelligence-based tools. The shares jumped more than 14 per cent in extended trading.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Snowflake Projects Strong Sales Growth With Focus on AI ProductsSnowflake Inc. gave a sales outlook for the current quarter that beat estimates, suggesting that new artificial intelligence-oriented products can help accelerate growth. The shares jumped in extended trading.
Source: BNNBloomberg - 🏆 83. / 50 Read more »