French bank BNP Paribas and Bank of America are collaborating to short Adobe (ADBE.US): Cloud giants are using AI native tools to "dissect" its entire process moat.

According to the Wisdom Finance APP, following Bank of America Securities, French bank BNP Paribas recently sounded the alarm on Adobe (ADBE.US), becoming the latest Wall Street giant to question its growth prospects in the AI era. Analysts at BNP Paribas released a report after attending Adobe's London summit, pointing out that competition from large-scale cloud providers and AI newcomers is eroding Adobe's moat at every stage of the process.