Adobe shares slump as weak earnings forecast sparks fears of delayed AI gains
Shares of Adobe fell nearly 10% on Friday, after the Photoshop maker's disappointing quarterly earnings forecast sparked fears that returns from its push towards artificial intelligence design will take longer to materialize.
TrendForce posits that the wafer foundry market is expected to see a recovery in 2025, with an estimated annual growth of 20% ...
Alibaba stock drops as China's weak economic data leads to sell-off. Nvidia's AI chips restricted due to U.S. sanctions.
Efforts are underway to merge various generative AI models together. Some aim to reach stellar heights doing so. Here's the ...
Apple’s iPhone 16 is facing a challenging start, with pre-order numbers anticipated to be lower than expected.
Sam Stovall, chief investment strategist at CFRA Research, said while talking to CNBC in a latest program that since 1990, ...
Qualcomm, Intel, and AMD are driving AI-capable PCs to the mainstream with neural processing units, sparking intense ...
In the second quarter, the company signed 88 deals worth more than $1 million in customer account value, an increase of 26% ...
including weak demand and the hangover from overexpansion and overstocking of inventories during the coronavirus pandemic. Some have also directly suffered from the growth of AI, as customers with ...
I tend to think this is because C3.ai has weak product-market fit and is still struggling to drive adoption of its ...
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