Why Is Adobe Stock Surging on Thursday?
Adobe Inc (NASDAQ: ADBE) stock is trading higher Thursday following quarterly earnings results from Salesforce Inc (NYSE: CRM).
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Shares of software companies are trading lower after reports suggesting that OpenAI is developing a product called Presence that will help customers automate internal processes using AI agents. The deployment of AI tools into customer back-office systems may erode confidence in legacy software business models.
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- Jul 22, 2026, 4:32 PM
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- Jul 22, 2026, 4:32 PM
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