Karma Just Hit Adobe. Hard.

Adobe is making more money than ever, so why is Wall Street treating it like the company is dying? While the internet is distracted by a $150 million FTC lawsuit over hidden cancellation fees, a much deeper crisis is threatening the tech giant's 40-year empire.

Behind the scenes of Adobe's sliding stock price lies a massive strategic panic, a botched $20 billion merger, and a controversial shift into generative AI that has sparked a historic backlash from creators. The "industry standard" software isn't just fighting off predatory subscription scandals, it’s actively building an automation ecosystem that could replace the very professionals who keep it alive.

Chapters:

00:00 - Why Wall Street Thinks Adobe is Dying
00:42 - Chapter 1 - The Billion Dollar Phantom
02:52 - Chapter 2 - The Subscription Debt Trap
07:17 - Chapter 3 - The Canva Insurgency
09:54 - Chapter 4 - The Great Creative Betrayal
12:19 - Chapter 5 - Firefly: The Cannibal King
15:07 - Chapter 6 - The Final Pivot

Narrated by: Josh Risser

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