Adobe Beats Q4 Expectations, Forecasts Strong FY2026 Growth on AI Momentum
Adobe surpasses Q4 estimates with $6.19B revenue and projects FY2026 revenue up to $26.1B, driven by strong AI tool adoption and double-digit ARR growth targets.
Markets move fast. You should move faster. Be the first to know when deals break, stocks move, or biotech headlines hit. Sign up to get breaking news alerts the moment they happen.
Adobe surpasses Q4 estimates with $6.19B revenue and projects FY2026 revenue up to $26.1B, driven by strong AI tool adoption and double-digit ARR growth targets.
Amazon's Same-Day Delivery service now offers fresh groceries in over 2,300 U.S. cities, challenging Instacart and Walmart+ with fast, temperature-controlled delivery for Prime members.
Instacart accused of charging customers different prices for identical items through AI pricing experiments. Report finds price gaps up to 23%, potentially costing families $1,200 yearly.
Marvell Technology CEO Matt Murphy denies reports of losing business with Amazon and Microsoft, stressing the company's "rock solid" data center relationships and calling the stock drop a buying opportunity.
Chewy beats earnings and revenue expectations in Q3, with growing profits, active customers, and expanding market share.
Momentus selected for $151B SHIELD defense contract to support missile tracking and space-based defense through its Vigoride satellite technology.