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Adobe Inc.
Information Technology · Application Software
Creative-software incumbent (Photoshop, Acrobat, Experience Cloud) re-rated to ~10x fwd P/E on AI-displacement fears. 54B (+13%). 60B). The print refutes the acute AI-displacement case (creative book grew) but not the long-run one. 17/sh goodwill impairment on Publishing & Advertising; CFO Dan Durn departing 2026-06-15; ~$480M of ARR is acquired (Semrush); Firefly still cannibalizing Adobe Stock.
No major news in the last 7 days for ADBE - only listicles and opinion pieces, which we filter out by default. See everything anyway.
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