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Adobe Falls and Bitcoin Slides from Record High | Bloomberg Technology

Bloomberg’s Caroline Hyde breaks down Adobe’s earnings results after the company’s shares fall by the most since 2002 on fears of AI competition. Plus, Bitcoin’s slide from its record high continues as talks of a bubble escalate.

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Bloomberg’s Caroline Hyde breaks down Adobe’s earnings results after the company’s shares fall by the most since 2002 on fears of AI competition. Plus, Bitcoin’s slide from its record high continues as talks of a bubble escalate.

25 Comments

  1. @KimberlyLemon

    March 15, 2024 at 4:23 pm

    People will always want to create. Adobe allows this w so many avenues. It’s industry standard.. that alone makes it hard to fail. Hate the price though.

  2. @2023gainer

    March 15, 2024 at 5:07 pm

    Fisker rises 14 % to pull the EV higher Friday. Ocean Suv EVs still making waves in Europe and North America. Ford also reported strong E- Lightning sales… Rivian has new EVs in the pipeline. Global EV sales increasing again above prior year each year.

  3. @AnamarieJensen-rt5fi

    March 15, 2024 at 10:15 pm

    You need to khosla AI technology robots business companies sam alman to united states of america and arounds the world’s for doin and you are non allowed non profits khosla business economy AI technology cuz f you are stolen for ideas blue print to elon musk

  4. @carlmazziotti221

    March 15, 2024 at 10:28 pm

    I love adobe but no moat. I got destroyed today. Im concerned long term their base will erode as a result of instant ai edits. I lost 3/4 my gains in a few hours today. Not happy.

    • @micro-organism-pv5gd

      March 16, 2024 at 2:07 am

      SaaS has taken a beating in general. Should ramp up 2nd half of year and closer to election time.

  5. @mrobinson

    March 16, 2024 at 4:41 pm

    Caroline not only looks lovely & perfect but she also got that female microsoft president who should have used co-pilot to predict the tough questions given her which she failed woefully like any stereotypically unintelligent females who got her big position via diversity bs. Well done Caroline, she was going by rote till the tough one came. Reminds me of the time I took down a Microsoft Dynamics presenter at a board I headed. So luv Caroline right now❤❤

  6. @RZH2023

    March 16, 2024 at 5:21 pm

    MSFT won’t make money on AI because copilot sucks. Very few people would want it.

    • @RZH2023

      March 16, 2024 at 5:28 pm

      And MSFT is very dishonest, copilot generates a lot of craps from simple questions and they knew it long time ago from their internal investigations. MSFT chose to ignore the report and released copilot anyway. GOOG obviously is a much more responsible company than OPENAI and MSFT.

    • @micro-organism-pv5gd

      March 16, 2024 at 6:17 pm

      Most creative professionals are dedicated Apple users and dislike Microsoft products.

  7. @RZH2023

    March 17, 2024 at 3:00 am

    MSFT is dishonest, totally ignored internal whistleblower’s warnings that Copilot generated a lot of garbage on simple prompts. GOOG seems to be the more responsible and conservative one who put much more guardrails in the chatbot. As I said when this thing started, no one will care about OpenAI and Copilot in about 2 years. They don’t have better technology, they are just more brazen in their release and marketing. Time will prove that I am right.

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    March 17, 2024 at 9:22 am

    What Bitcoin “Industry” is he talking about. Any Bitcoin has no value. It generates no revenue and you can’t make anything with it. It’s about delusional people investing in NOTHING.

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