FinancialOutlook

Adobe's Troubling Forecast Sparks Worries Over AI Disruption and Market Performance

10 days ago

In a surprising announcement, Adobe Inc. has released its financial outlook for the upcoming quarter, leaving investors and analysts feeling unsettled. The software giant, known for its leading role in creative and digital marketing solutions, reported a concerning forecast, which reflects potential challenges amid the escalating wave of artificial intelligence (AI) disruptions in the tech industry.

Ubisoft Delays Next Assassin's Creed Game, Cuts Bookings Outlook

3 months ago

Ubisoft Entertainment SA announced the delay of one of its most awaited video games, entitled Assassin's Creed: Shadows. This surprise move has led the French video game publisher to slash its booking outlook for the fiscal year. This has turned out to be a surprise for a video game whose launch was seen to be imminent in the coming quarter and had left investors and fans disappointed. Worth noting is that Ubisoft named extra development time as the cause for such delay, desirous that the game should meet the high bar that people expect from the Assassin's Creed brand.