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Adobe Gives Sales Outlook That Fails to Convince AI Skeptics

Adobe Inc. gave a sales outlook for the current quarter that topped analysts’ estimates, but investors remain skeptical that the leader in creative software can outduel AI-focused upstarts.Sales will be about $5.88 billion to $5.93 billion in the period ending in August, the company said Thursday in a statementBloomberg Terminal. Analysts, on average, estimated $5.88 billion. Profit, excluding some items, will be $5.15 a share to $5.20 a share, compared with the average projection of $5.11....

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