Adobe Soars In Premarket As AI Strategy Starts Paying Off

ToplineAdobe shares soared Friday morning after the company beat earnings expectations, a sign the company’s approach to artificial intelligence could be working for the creative software giant amid fears generative AI could cause widespread disruption for many industries.Adobe beat earnings expectations, partly due to the success of its AI products. SOPA Images/LightRocket via Getty Images Key FactsShares for Adobe (ADBE) rose roughly 14% to $523 in premarket trading Friday morning. The jump comes after t ...