Adobe Gives Strong Outlook, Showing Payoff From AI Features

(Bloomberg) — Adobe (ADBE) Inc. gave a strong quarterly revenue outlook, suggesting that the software maker is seeing a payoff from its investment in AI features. Most Read from Bloomberg Sales will be about $6.08 billion to $6.13 billion in the period running through November, the company said Thursday in a statement. Analysts, on average, estimated a number at the bottom of that range. Profit, excluding some items, will be $5.35 to $5.40 a share, compared with the average projection of $5.33. The San ...