Adobe Bounces Back in Q3! Creative Giant Aims to Defend Its Lead with AI as a [Product Booster]!

Adobe (ADBE) is under increasing pressure from Canva and new AI tools that simplify creative work. Investors are worried about growth and pricing power. However, Adobe is countering this with a deep integration of AI into its core products and secure workflows, a strategy that is already reflected in record revenues and rising recurring revenues in the latest quarter. The stock rose nearly 3% in after-hours trading to $360. Brand, mission, and new competitive pressure Adobe positions itself as an operating system for creative work, document...