Adobe’s AI growth takes center stage after guidance raise

This quarter made one thing clear. Adobe’s (ADBE) AI story now has real revenue behind it. For months, investors debated whether generative AI would expand the business or simply add costs with minimal returns. That debate is starting to shift with the company's first report of AI-first ARR. Adobe is down roughly 37% this year, which is a sharp pullback for the company that has long been one of software’s most consistent winners. Now, investors are asking whether this is the start of a second-growth ...