Wall Street is getting a mixed picture on AI after Adobe (ADBE) and Oracle (ORCL) issued mixed outlook. Shares of Adobe are falling in Friday’s pre-market trading. The company posted better-than-expected fiscal Q3 results, but its fourth quarter forecast disappointed investors looking for returns on their AI investments. Meanwhile, shares of Oracle (ORCL) are climbing after the company boosted its fiscal 2026 forecast and said that it expected sales in fiscal 2029 to top $104 billion. Morning Brief Hosts Seana Smith and Brad Smith dig into the companies’ announcements and highlight the competitive pressures taking over the AI space.
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