MindWalk Posts 21.3% Revenue Growth as ReefIQ Platform Launches

Adobe is expanding its agentic artificial intelligence and customer-experience technologies through a multi-year strategic partnership with travel company Jet2. Jet2 plans to use Adobe CX Enterprise to deliver personalized holiday recommendations, offers and engagement across the travel journey, and will also use Adobe Firefly Foundry and Brand Intelligence to accelerate branded content creation, with the partnership including a Jet2 x Adobe Customer Experience Lab focused on developing and scaling AI-powered experiences. Jet2 was among Adobe's global enterprise customer wins in the third quarter of fiscal 2026, and Adobe CX Enterprise Coworker had attracted more than 1,700 customers and early adopters by that same quarter. In the third quarter of fiscal 2026, ending annual recurring revenues for Adobe Experience Manager and agentic web applications, Adobe GenStudio and Adobe Experience Platform and applications each increased more than 20% year over year, while Adobe's AI-first ending ARR exceeded $650 million and grew more than 150% year over year. Adobe faces intensifying competition from Microsoft, whose Dynamics 365 exposed more than 650,000 Model Context Protocol actions in the fourth quarter of fiscal 2026, and from Salesforce, whose Agentforce ARR exceeded $1.5 billion in the second quarter of fiscal 2027. Adobe shares have declined 31.9% year to date against the broader Zacks Computer and Technology sector's 22.8% growth, and the Zacks Consensus Estimate for Adobe's earnings stands at $6.32 per share, suggesting 14.91% year-over-year growth.

Meta's new Muse AI agent has reached 2.8 million downloads in its first 12 days across the US and Canada app stores, according to Sensor Tower data, surpassing ChatGPT's 1.3 million downloads over the same early window. Muse also set a new US daily download record of 264,000 on Sept. 19, its third straight day above 200,000, and has surged to the top spot on Apple's App Store. Shares of Meta have rallied by some 20% over the past two weeks as Muse mania has taken hold across markets and social media. All eyes now turn to CEO Mark Zuckerberg at his annual Meta Connect event later today, where investors expect details on how Muse will be integrated into Meta's smart glasses and fresh download and usage data. Meta Chief AI Officer Alexandr Wang has said usage is running well ahead of internal projections, framing Muse as the biggest consumer AI launch since ChatGPT. Separately, Gary Cohn, vice chair at IBM and former economic adviser to President Trump, said on Yahoo Finance's Sozzi Unleashed that he is not comfortable giving up his personal data and is not yet ready to use Muse in his daily life.