Adobe Stock Tumbles Despite Q1 Beat After Weak Q2 Outlook, AI Investment Discussed
• Adobe beat Q1 earnings and revenue estimates, but gave disappointing Q2 outlook • Stock fell over 9% in after-hours trading following earnings release • Adobe integrating own AI "Firefly" into creative software amid competition • Adobe stock has strong 85 out of 99 Composite Rating per IBD • Article discusses Microsoft and Apple stock for comparison