New York, February 14, 2026, 14:47 EST — The market is closed.
Adobe Inc (ADBE.O) closed out Friday’s session at $263.97, up 0.56%. In after-hours action, shares slipped 0.03%, Investing.com data showed.
With U.S. exchanges closed Monday for Washington’s Birthday, the next full trading session won’t kick off until Tuesday. Software stocks get a pause after a tough run.
That’s a key point for Adobe; small tweaks in rate outlooks can move big tech valuations fast, and lately, investors haven’t hesitated to dump stocks viewed as exposed to fresh AI competition. So the focus into next week: will buyers come back in force, or was that recent uptick just a breather?
After slipping for five sessions in a row, Adobe bounced back Thursday, climbing 2.08%. Still, the stock remained deep in the red—over 43% off its 52-week high, according to MarketWatch data.
Software stocks have taken a beating from the AI scare trade, Reuters noted, with the S&P 500 Software & Services index dropping roughly $2 trillion since its October highs. Adobe has tumbled around 25% in 2026 so far; losses for Nasdaq 100 names like Atlassian, Intuit, and Workday are also steep. “Investors remain in ‘sell first think later’ mode,” said Barclays strategist Emmanuel Cau. Reuters
Traders on Friday wrestled with a milder-than-expected U.S. inflation read for January, as the CPI ticked up 0.2% for the month and 2.4% from a year earlier, according to Reuters. Core CPI, which leaves out food and energy, climbed 0.3%, with the annual core number slipping to 2.5%—its weakest pace in almost five years. Still, “Price pressures remain a little too hot for comfort,” said James McCann, strategist at Edward Jones. Reuters
The Dow and S&P 500 eked out slight gains Friday, while the Nasdaq ended in the red. The 10-year U.S. Treasury yield dipped near 4.05%. “It is a bit of good news as we head into the long holiday weekend,” said Tim Holland, chief investment officer at Orion, referring to the inflation print. Reuters
On Friday, the Commerce Department will drop its advance estimate for fourth-quarter GDP, alongside December’s Personal Income and Outlays data—home to the closely watched PCE inflation figure. Investors are eyeing both.
The bounce in battered software names doesn’t always last. Should yields pick up again or if the AI shakeup story gathers steam, Adobe risks slipping back to this month’s lows—regardless of whether any new headlines hit the tape.
All eyes turn to Adobe on March 12, when it reports first-quarter fiscal 2026 results. Investors want to hear whether demand is holding up and, crucially, how much AI is now contributing to the top line.
