AdobeNASDAQ: ADBE

Ever since social media was created, our lives have been continuously getting interconnected with each other as well as the internet. A number of social media platforms now have over a billion users and are actively researching and implementing ways to make its platform engaging with users.

Zacks.com users have recently been watching Adobe (ADBE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Although there's no specific catalyst, cloud-based software providers making outsized moves today.

LOS ANGELES--(BUSINESS WIRE)--Audiostock, Japan's premier music licensing company, has collaborated with Adobe to begin providing music via Audiostock add-on for Express.

Machine learning stocks are doing well in 2024, led by the astronomical 145% growth of Nvidia (NASDAQ: NVDA ), but there are other opportunities to explore apart from Nvidia in the machine-learning market, with a potential size of $79.3 billion in 2024 and 36% growth between 2024 and 2030, reaching $503.4 billion by 2030. North America is the biggest market for machine learning, thanks in part to the country's favorable policy trends.

Stock market performance in H1 was strong, driven by steady earnings growth and a resilient US economy. The S&P 500 is near all-time high with tech-heavy companies leading returns, while Dow Jones lags behind. Q2 earnings will determine H2 investor appetite, with sky-high expectations, it's time for caution.

The trade in technology stocks is growing volatile. The shares of microchip and semiconductor companies, which had led the market higher in this year's first half, are selling off as we near the end of June.

OpenAI has already changed the tech industry in big ways. Indeed, this technology has even started to impact blue-collar sectors after ChatGPT came out.

The creator economy is an ecosystem surrounding content creators on platforms like YouTube and TikTok, who monetize their content through sponsorships, affiliate marketing, subscription models, merchandise sales and more. It's a burgeoning new industry caused by the rapid rise in digital media consumption and the various monetization methods made possible in recent years.