ADBE is in a sorry state on the monthly chart and its weekly price fell from $640 to $190. Customer mistreatment (hard to cancel, expensive) led to a free vibe-coded version of its entire product suite, which is expected to spread across software; regulation lags AI, so the speaker does not recommend investing in ADBE.
Jump to any passage
If you look at Adobe's stock on the monthly chart, you'll find it in a sorry state . The graph is very bad, and it gets a little better when you look at it more closely. The same applies to Adobe.
Adobe's stock price, as shown in the weekly chart, was $640, then it dropped to $190. Why? Because I watched a video this morning showing the company's mistreatment of its customers.
They don't allow easy cancellation, and it's very expensive, so someone out of anger programmed their entire product suite using Vibe Code and released it for free. Therefore, you will see this becoming widespread in the software industry.
The regulatory environment is much slower than the artificial intelligence or systems integration environment currently. Therefore, I do not recommend investing in any of these companies.