Adobe CEO Says Stock is Undervalued Amid AI Boom
Adobe CEO Shantanu Narayen says the company's stock is undervalued, arguing the market is too focused on AI hardware and is overlooking software's long-term potential.
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The U.S. government is suing Adobe and two of its executives, alleging the company traps consumers in subscriptions with hidden early termination fees.
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Figma Stock Down 60% on Growth and Competition Concerns
Figma's stock has dropped 60% from its post-IPO high, driven by concerns over a slowing growth forecast, intense competition from Adobe and Canva, and a high valuation.
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