US PRE-MARKET MOVERS: ADBE, ULTA, S, META, NVDA, NIO

ES +0.5% NQ +0.5% RTY +0.8%

• ADBE -7.5%: Announced CEO Shantanu Narayen will step down
• ULTA -7.5%: Top & bottom line light
• S -3.5%: Disappointing next Q profit guide
• META -1%: Delayed the release of its new frontier AI model, Avocado, to at least May from this month
• NVDA +0.8%: Co. & Samsung accelerating next-gen ferroelectric NAND development
• NIO +3.2%: Upgraded at HSBC