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AI Cannibalization Is Hitting Salesforce and Adobe In Very Different Ways

Source: 247wallst.com

Corporate EarningsArtificial IntelligenceInvestor Sentiment & Positioning
AI Cannibalization Is Hitting Salesforce and Adobe In Very Different Ways

Adobe and Salesforce both beat earnings and described AI as a growth engine, but their shares have diverged: one has lost nearly a third of its value this year while the other has held up. The article does not specify which company corresponds to either stock performance.

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