Adobe stock price sinks 7% as AI disruption fears hammer software — what to watch next

New York, February 3, 2026, 20:40 EST — Market closed

  • Shares of Adobe dropped 7.3% on Tuesday, tracking a wider selloff across software stocks.
  • Traders flagged renewed worries about the impact of new “AI agent” tools on subscription pricing.
  • Big Tech earnings this week will provide the next test, along with Adobe’s March results.

Shares of Adobe Inc. dropped 7.3%, closing Tuesday at $271.93, as investors pulled back from software stocks amid concerns that emerging artificial intelligence tools might disrupt the industry. (The Wall Street Journal)

This shift is significant because Adobe occupies a central spot in the subscription software space, where steady recurring revenue has long been valued as a…

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