Adobe (ADBE) shares are rising after canceling its $20 billion acquisition of Figma, citing concerns about regulatory approval. Meanwhile, shares of US Steel (X) are soaring after it was announced Japan’s Nippon Steel (5401.T) will acquire the company for $14.9 billion, including debt. After failing to acquire US Steel, rival Cleveland-Cliffs (CLF) says it will pursue “aggressive” buybacks, sending that stock higher. Other trending tickers on Yahoo Finance include Amazon (AMZN), Netflix, (NFLX), and Nio (NIO).

Top guests on Yahoo Finance Live today include:
3:05 p.m. ET - Julian Emanuel, Evercore ISI Senior Managing Director Equity, Derivatives and Quantitative Strategy
3:25 p.m. ET - Rishi Khanna, Stocktwits CEO
3:40 p.m. ET - Jason English, Goldman Sachs Managing Director on the Food and Beverages team
3:50 p.m. ET - David Joyce, Seaport Research Partners Senior Media Analyst
4:05 p.m. ET - Alex Zukin, Wolfe Research Managing Director & Head of Software Research
4:20 p.m. ET - Stephen Stanley, Santander Chief U.S. Economist