💨 Abstract

Adobe forecasts second-quarter revenue as expected, but faces challenges in monetizing AI offerings and competition from startups. Shares dropped 3%. The company anticipates Q2 revenue between $5.77-$5.82 billion, in line with estimates. Adobe is investing in AI-infused tools to boost products like Photoshop, aiming to attract casual and non-professional users.

Courtesy: theprint.in

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