[ad_1] Adobe Inc. gave a disappointing outlook for revenue growth in the current quarter despite a recent focus on monetizing its new generative artificial intelligence features. Sales in the period ending in May will be $5.77 billion to $5.82 billion, the company said Wednesday in a statement. Analysts, on average, estimated $5.8 billion. Profit, excluding […]
India poised to become Canva’s largest global market, says co-founder Cameron Adams – CNBC TV18
[ad_1] Cameron Adams, Co-Founder of Canva, has high expectations for the company’s growth in India, predicting that the market could soon become Canva’s largest globally. “India can be huge, it is our fourth biggest market at the moment. It was fifth just a few months ago, but it continues to rapidly grow. I think we […]
Adobe shares fall 9% in extended trading after sales outlook fails to show AI uplift – CNBC TV18
[ad_1] Adobe Inc. shares dropped after the company delivered an outlook that failed to quell investor impatience for new artificial intelligence tools to start generating cash. Known for its software for creative professionals, Adobe has been adding AI features to its applications, such as embedding its proprietary technology, Firefly, into products like Photoshop and Illustrator. […]