With a market cap of $2.11 trillion, tech giant Microsoft Corporation (MSFT) in Redmond, Wash, develops, licenses, and supports software, services, devices, and solutions worldwide. Its offerings range from Microsoft Teams, Office 365 Security, and Compliance to Xbox hardware and Xbox content and services in the gaming segment. In comparison Meta Platforms, Inc. (FB) develops products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and in-home devices worldwide. It operates in two segments, Family of Apps and Facebook Reality Labs. It has a market capitalization of $573.82 billion.
The concerns surrounding tighter Federal Reserve monetary policy, high inflation, recession worries, and the Russian-Ukraine war, have raised questions about the stock market’s stability. In addition, the Federal Reserve is expected to raise its fed funds target rate by a half a percentage point and could get even tougher with rate increases to fight inflation.
