Adobe stock (ADBE) ticks up on Cognizant AI tie-up and Airtel’s free Adobe Express offer
Adobe shares rose 0.6% to $293.25 Friday after announcing expanded AI partnerships with Cognizant and Bharti Airtel. Airtel will offer 360 million Indian customers a free year of Adobe Express Premium. U.S. markets closed lower, with the S&P 500 down 0.43% and Nasdaq off 0.94%. Adobe stock remains down about 16% for 2026.