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Adobe, Salesforce stumble after Microsoft results show cloud concerns

Salesforce To Purchase Popular Messaging Platform Slack For 27 Billion

Stephen Lam/Getty Images News

Adobe (NASDAQ:ADBE), Snowflake (NYSE:SNOW) and Salesforce (NYSE:CRM) were among the biggest decliners in the enterprise software space on Wednesday after Microsoft's (NASDAQ:MSFT) forecast for its Azure cloud unit gave investors anxiety.

Adobe (ADBE) fell

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SymbolLast Price% Chg
ADBE--
Adobe Inc.
SNOW--
Snowflake Inc.
CRM--
Salesforce, Inc.
MSFT--
Microsoft Corporation