ADBE is trading at 3.18% up now at $322.32 after Adobe announced a definitive agreement to acquire Semrush in an all-cash deal valued at $1.9 billion. The acquisition is expected to enhance Adobe’s AI-driven customer experience solutions and support growth in annual recurring revenue, particularly from new AI-first products. This move comes as broader tech stocks rally, with the S&P 500 up 1.26% and the NASDAQ up 1.11%, further supporting positive sentiment in Adobe shares. Trading activity is elevated as investors react to the strategic expansion of Adobe’s AI capabilities.