Shares of Adobe Inc (NASDAQ:ADBE) fell about 5.5% on Friday after the software maker’s latest earnings report highlighted a leadership transition and ongoing shifts in its business as it pivots toward generative artificial intelligence tools.
The company reported first-quarter revenue of $6.4 billion, up 12% from a year earlier and ahead of estimates, according to analysts at Jefferies. Annual recurring revenue grew 10.9% year over year, topping the brokerage’s forecast of 10.2%.
HIVE Digital Technologies Ltd (TSX-V:HIVE, NASDAQ:HIVE, FRA:YO0, BVC:HIVECO) and AMC Robotics Corporation have announced a strategic collaboration aimed at supporting the development of artificial intelligence–driven robotics applications and related computing infrastructure.
Under the collaboration, AMC Robotics has begun utilizing HIVE’s GPU-based AI computing infrastructure and services to support its development, testing, and deployment activities.
Rubrik (NYSE:RBRK) shares rose nearly 5% after the cloud data security company reported fourth quarter and full-year fiscal 2026 results that exceeded Wall Street expectations and issued stronger-than-anticipated guidance for fiscal 2027.
For the fourth quarter ended January 31, 2026, the company reported adjusted earnings per share (EPS) of $0.04, compared with analyst expectations for a loss of $0.11 per share.
Ulta Beauty Inc (NASDAQ:ULTA) shares fell about 8% after the beauty retailer issued softer-than-expected guidance for fiscal 2026, overshadowing fourth quarter results that came in ahead of Wall Street estimates.
The company reported strong holiday-driven performance for the quarter, with revenue rising 11.8% year over year to $3.9 billion, topping analyst expectations of roughly $3.82 billion.
Thruvision Group PLC (LSE:THRU), the maker of 'walk-through' security technology, saw its shares rise in Friday morning's trade, after it secured a further foothold in the US aviation market after winning a US$0.6 million contract from the Greater Orlando Aviation Authority for worker screening systems at Orlando International Airport.
The AIM-listed security technology group will supply five 81-Series systems, including battery-powered bases for mobile deployment, with delivery due by 31 March 2026.