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Adobe drops on light guidance despite quarterly beat

Wall Street Breakfast

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Adobe's Stock Decline, Apple's AI Acquisition, and WW International's Performance Expectations

The chapter covers Adobe's stock decline post-earnings, Apple's acquisition of a Canadian AI startup, and WW International surpassing performance expectations for clinic subscribers. Adobe exceeded quarterly estimates but gave light guidance, while WW International is set to exceed Q1 fiscal 2024 expectations.

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