Market Overview - Wall Street has experienced volatility recently, with stocks attempting to stabilize. Gold and silver prices are rising, while crude oil is declining. Treasuries and the dollar remain mostly flat [1]. Nvidia Corp. (NVDA) - Nvidia is set to report its quarterly results, with analysts expecting earnings per share of $1.25 and revenue of approximately $55 billion for Q3. The performance of Nvidia is critical as it may influence the broader AI stock market, which has faced significant declines recently [2]. Employment Data - The September jobs report is scheduled for release, with expectations of a job gain of about 50,000. This report was delayed due to the government shutdown, leaving investors and policymakers with limited information [3]. Lowe's Cos. (LOW) - Lowe's reported better-than-expected earnings per share, exceeding estimates by six cents. The company highlighted strong digital and contractor sales. Recently, Lowe's acquired Foundation Building Materials for $8.8 billion to enhance sales to contractors [5]. Target Corp. (TGT) - Target reported disappointing results, with same-store sales declining more than anticipated. The company has reduced its full-year earnings per share forecast and plans to invest $5 billion in store remodels and increasing shelf space for lower-priced seasonal items to regain momentum [6]. Adobe Inc. (ADBE) - Adobe is reportedly acquiring Semrush Holdings for $1.9 billion, translating to $12 per share, which is a significant premium over Semrush's previous closing price of $6.76. This acquisition aims to enhance Adobe's product offerings in online advertising and social media research [6].

Group 1 - Adobe will acquire Semrush for $1.9 billion, paying $12 per share, which is a 77.5% premium over Semrush's closing price [1] - Semrush specializes in software for search engine optimization, social media, and digital advertising, which aligns with Adobe's marketing tools [2] - Semrush shares surged 55% in premarket trading following the acquisition announcement [1] Group 2 - Adobe's stock has declined over 27% this year due to pressure to enhance monetization of its AI products amid rising competition in the digital design sector [3] - Adobe is integrating AI capabilities into its tools, allowing users to interact with applications through chat interfaces, in collaboration with OpenAI [3]