Adobe reported third-quarter revenue of $6.76 billion, up 13% year over year, and non-GAAP EPS of $6.13, up 15%, while AI-first ending ARR topped $650 million and monthly active users surpassed 1 billion. Despite the beat and a higher full-year outlook, the stock fell about 2% in after-hours trading Thursday. Investors appeared to focus on the company’s Q4 revenue guidance of $6.80 billion to $6.85 billion, with the midpoint slightly below Wall Street’s $6.85 billion estimate.

Oracle reported first-quarter revenue of $19.35 billion, up 30% year over year and above market expectations. Oracle Cloud Infrastructure revenue surged 121% to $7.4 billion, and the company booked more than $30 billion in new AI cloud contracts. Oracle lifted its FY27 revenue target to at least $90 billion.

Descartes Systems reported second-quarter revenue of $201.1M, topping the consensus estimate of $199.5M. Adjusted EBITDA came in at $94.4M, up from $80.2M in the year-ago quarter. CEO Edward J. Ryan said the company will keep investing to expand its Global Logistics Network solutions and data capabilities as global trade conditions become more dynamic.

Centrus Energy has priced an underwritten public offering of 500,000 shares of Class A common stock, about 2,005,513 prefunded warrants and about 6,992,382 common warrants. The combined public offering price is $199.64 per share of Class A common stock with accompanying common warrants, and $199.54 per prefunded warrant with accompanying common warrants. Guggenheim and Barclays are serving as joint book-running managers for the offering.

Snowflake shares are up about 54% year-to-date and rose another 16.55% on Sept. 3 after its fiscal Q2 2027 earnings. The company reported $1.55 billion in revenue, up 35%, with product revenue up 37% and adjusted EPS of $0.62, up 77%, while posting a GAAP net loss of $191.7 million. After Snowflake raised its fiscal 2027 guidance, analysts remained divided. A $368 price target implies about 9% upside.

S&P Dow Jones Indices said Nike (NKE) will be removed from the S&P 100 in the index’s Sept. 21 quarterly rebalancing, ending an 18-year run. Nike shares are down 39% this year, pushing its market capitalization below $57 billion and leaving it short of the blue-chip sub-index’s inclusion threshold. The company will remain in the S&P 500, while fiscal 2026 revenue was flat at $46.4 billion amid continued sales declines in China.

Ark Invest trimmed about $25 million worth of Palantir shares over the past week, according to an SEC filing. Its ETFs still hold roughly $450 million in PLTR, keeping the stock among the firm’s top 10 positions. Palantir trades at nearly 150 times forward earnings, and Wall Street analysts’ average target price of $197.89 implies 14% upside from current levels.

Walmart has received $2.9 billion in tariff refunds from the U.S. federal government this year, accounting for nearly 30% of roughly $10 billion returned to S&P 500 companies. Home Depot and Amazon received $750 million and $640 million in refunds, respectively. Walmart’s management said the one-time benefit is expected to be reflected in its third-quarter 2026 results.

Palantir Technologies’ shares surged 51.45% in August, leading gains across the technology sector. Second-quarter revenue rose 94% year over year to $1.94 billion, including a 149% jump in U.S. commercial revenue to $764 million. Citing strong demand, the company raised its full-year 2026 revenue outlook to more than $8.15 billion, implying roughly 82% growth. Palantir said it closed 220 deals worth at least $1 million during the quarter, including 73 worth at least $10 million.