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This Artificial Intelligence (AI) Stock Is Down 15% in 2024, But Should You Buy It?

Retrieved on: 2024-03-28 18:12:16

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This Artificial Intelligence (AI) Stock Is Down 15% in 2024, But Should You Buy It?. View article details on HISWAI: https://finance.yahoo.com/news/artificial-intelligence-ai-stock-down-103000301.html

Summary

Adobe's stock suffered a sell-off after its Q1 2024 earnings report, due to disappointing guidance despite beating estimates, raising concerns about AI competition in the stock market. The company's high valuation and financial ratios are a focus for investors evaluating Adobe's investment potential.

Article found on: finance.yahoo.com

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