Last month, ADBE announced innovations for its customer data platform (CDP), Adobe Real-Time CDP, to help brands transition from third-party cookies to first-party data.

It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. ( GILD ).ĪDBE functions as a diversified software company internationally. So, we think it could be wise to invest in fundamentally sound Nasdaq 100 stocks Adobe Inc. Better-than-expected corporate earnings could help Nasdaq 100 stay resilient near term. GDP contracting 0.9% for the second straight quarter. The stock market rallied yesterday despite the U.S. This marked Nasdaq’s biggest rally since November 2020.

The Nasdaq 100 gained more than 4% after the Federal Reserve announced a 75 basis-point interest rate hike in response to the multi-decade high inflation for the second straight month. Therefore, it could be wise to invest in fundamentally sound Nasdaq 100 stocks Adobe (ADBE), Autodesk (ADSK), Dollar Tree (DLTR), and Gilead Sciences (GILD).

This, along with better-than-expected corporate earnings, should help the index stay resilient in the near term. The Nasdaq 100 surged after the Fed announced a 75 basis-point rate hike for the second straight month and hinted at pausing the policy tightening depending on economic data.

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