Adobe Posts Lackluster Growth With Investors Eager for AI Uplift.

Adobe Inc. has given a revenue forecast for the current quarter that fell short of Wall Street estimates, causing concern among investors who are eager for the company's AI tools to start generating sales. The company's sales are expected to be $5.5 billion to $5.55 billion, lower than the average estimate of $5.6 billion. Adobe has been incorporating artificial intelligence features into its software, such as its proprietary AI model, Firefly, in products like Photoshop and Illustrator. Investors are interested in seeing how much AI is actually boosting sales at Adobe, as there is growing anxiety on Wall Street that AI could impact traditional software companies. The stock dropped in extended trading after the announcement. [Extracted from the article]