AI Stocks Fell, but Workday and Adobe Jumped. A Favorite AI Disruption Trade Just Flinched

Workday (WDAY) and Adobe (ADBE) stock prices rose after calls to slow down frontier AI development, in contrast to the broader AI stock market which saw declines. This shift suggests that established software platforms might have more time to integrate AI as a feature, rather than being disrupted by new AI models. Both companies showed strong AI adoption in their recent earnings reports, although long-term growth and market skepticism remain factors.