Adobe stock slips again as Oppenheimer downgrade and Apple’s Creator Studio keep pressure on ADBE
New York, January 15, 2026, 12:42 EST — Regular session Adobe Inc shares edged down 0.6% to $302.49 on Thursday midday, even as the Invesco QQQ Trust tracking the Nasdaq 100 rose about 1%. Salesforce slid more than 3%, while the S&P 500 ETF SPY added about 0.6%. The slide comes two days after Oppenheimer cut Adobe to “Perform” from “Outperform,” warning that generative AI — tools that can create images and video from text prompts — is tightening competition from OpenAI, Meta and others. “Gen AI is increasing the velocity of content creation while lowering price and subscriber growth,”