5 things to know before the stock market opens on Wednesday, September 21

Traders on the NYSE floor, Sept. 20, 2022. Source: New York Stock Exchange Here are the most important news items investors need to start their trading day: 1. Decision date Investors prepare for the Federal Reserve’s interest rate announcement on Wednesday. His three-quarter rise in benchmark rates is priced in, but markets are asking for … Read more

Dow drops nearly 500 points as Fed decision looms over markets

U.S. stocks rose higher on Tuesday as U.S. Treasury yields rose and traders appeared hesitant to open new long positions ahead of the Federal Reserve’s September policy meeting. closed down. what happened Dow Jones Industrial Average DJIA, -1.01% It dropped 313.45 points, or 1%, to close at 30,706.23. S&P 500 SPX, -1.13% It dropped 43.96 … Read more

Here are Brett Taylor’s first big tech moves at Salesforce as Co-CEO.

Salesforce Co-CEO Bret Taylor speaks at the Viva Technology Conference in Paris on June 15, 2022. Nathan Lane | Bloomberg | Bloomberg | Getty Images Ten months after being promoted to co-CEO of Salesforce, alongside famous founder Marc Benioff, Brett Taylor is preparing to take the stage for the first time in his new role … Read more

Meta Meltdown: This Chart Shows Facebook’s Downfall Among Most Valuable U.S. Companies

Plagued by competition and macroeconomic threats, Meta Platforms Inc. drops down the ranks of America’s largest companies. After the stock price fell 9.4% daily, Meta META -9.37% It ranked 10th by market capitalization at Tuesday’s close, trailing Visa Inc. V. -3.37% First time since August. Meta, the parent company of Facebook and Instagram, recently ranked … Read more

Meta, Rent the Runway, Oatly, Adobe

Onur Dogman | Light Rocket | Getty Images Check out the companies in the spotlight on Tuesday’s midday deal. Meta – Shares of Meta fell nearly 8% as the broader market fell on Tuesday. The company’s bet on Reels faces hurdles — Instagram users are less than a tenth of the 197.8 million hours TikTok … Read more

Elon Musk’s ex-selling college photo and birthday card from billionaire

A piece of Elon Musk’s college past is now available for purchase. This includes photos of him fooling around and the autographed birthday card he gave his ex-girlfriend. RR Auctions, a Boston-based company, is currently auctioning off several Musk items on behalf of Jennifer Gwynn, who dated Musk, who is a Tesla TSLA. +1.58% They … Read more

Mark Zuckerberg ‘keep derailing’ Facebook

A Harvard expert says Mark Zuckerberg’s poor leadership skills are slowly dragging the meta into failure. Bill George, a senior fellow at Harvard Business School and former CEO of medical technology company Medtronic, says Zuckerberg’s shortcomings as CEO continue to “derail the tech giant once known as Facebook. ‘ said. “I don’t think Facebook will … Read more

US stocks closed sharply higher, registering a third straight week of declines and rising led by the tech-heavy Nasdaq.

US stocks closed sharply higher on Friday, with all three major benchmarks falling for the third consecutive week as investors appeared to price in another jumbo rate hike by the Federal Reserve. did. stock index performance Dow Jones Industrial Average DJIA, +1.19% It rose 377.19 points (1.2%) and closed at 32,151.71. S&P 500 SPX, +1.53% … Read more

Biden has finalized a plan to curb Big Tech. Big Tech was not invited.

The Joe Biden administration issued a checklist of actions needed to curb Big Tech on Thursday after a roundtable “listening session” on issues within the tech industry. But administration officials are “not listening” to companies that have been targeted by many of their desired actions. Google’s parent company, Alphabet Inc. +2.09% goog, +2.16%, Inc. … Read more

Roblox dives into advertising to diversify beyond virtual goods

Roblox has built a user base of over 52 million by providing a gaming and entertainment platform primarily for children. Now the company wants advertisers to join the party. As part of its annual developer conference on Friday, Roblox has announced plans to launch ads next year, marking the company’s first major effort to diversify … Read more