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Adobe and its traditional software peers have spent much of the year battling the perception that they’re not moving fast enough to compete in the artificial-intelligence space as hype builds over the technology. The company’s earnings report on Wednesday was seemingly not enough to lift bleak sentiment.
Adobe’s shares
ADBE dipped 0.8% in the extended session on Wednesday after it reported fiscal fourth-quarter earnings results. Adobe’s shares are down more than 22% on the year.
