Recent Photoshop update 27.0 SLOW - CC files and exporting

Photoshop has always run pretty smoothly on my Macbook Pro (2023 M3). But since the new update, Creative Cloud (PSDC)  files have become almost unusable.

• Files take forever to load thumbnails (or just don't)
• There's 3-15+ second delay every time I open a folder
• When I go to Save a document to the cloud, it takes up to a mintute+  for the Save menu to popup (or it just doesn't)
• When I export to JPG or PNG it again takes forever for the export menu to appear (even with small files)

My internet has stayed the same speed since before the update. I've uninstall and reinstall Photoshop and no luck. I also updated my Macbook to the latest OS.

Is anyone else experiencing this with the new 27.0 update? Any fixes?