
Tech Charges Higher and Adobe Misses the Mark
Bloomberg Technology
Innovation Drives Financial Futures
The introduction of electric Jaguar I-PACE vehicles through a collaboration between Uber and Waymo highlights the significant expansion of autonomous ride-hailing services, starting in Phoenix and soon extending to Austin and Atlanta. Meanwhile, the tech sector reflects a divide, with Uber's stock rising due to strategic developments, while Adobe faces challenges as its earnings report fails to satisfy market expectations for innovative A.I. tools. The ongoing question for software companies revolves around whether new product offerings will meaningfully contribute to revenue growth or whether they are merely enhancements that fail to significantly impact the bottom line.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.