Adobe hits record earnings but Wall Street isn’t impressed—is trouble ahead?

Adobe hits record earnings but Wall Street isn’t impressed—is trouble ahead?

Adobe Inc. has reported record earnings for the third quarter of 2024, achieving higher-than-expected revenues and solidifying its leadership in digital media and content creation. However, despite the stellar financial performance, Adobe’s stock experienced a decline as the company issued a more cautious outlook, raising concerns among investors about future growth prospects amid economic uncertainties. […]