Dow down 280 points, with tech shares under heavy pressure


Facebook CEO Zuckerberg says breaking up big tech 'wouldn't make any of these problems better'

MARKETWATCH FRONT PAGE

U.S. stocks are off to a weak start Tuesday, a day after the S&P 500 index and the Dow Jones Industrial Average put in a strong start to May, pushing the equity benchmarks near records. See full story.

Can Ethereum prices hit $5,000 in a week? That’s what one crypto expert speculates as Ether mints records

The No. 2 crypto on the planet is extending its surge into rarefied territory, and that momentum higher has at least one crypto expert speculating that Ether prices could hit $5,000 within a week. See full story.

Warren Buffett baffles many on green energy — what about heir apparent Greg Abel?

Greg Abel, the likely successor to Warren Buffett at Berkshire Hathaway, directed the company’s move into renewable energy as the head of its large utility business. By most accounts, it’s too soon to predict if that pedigree will translate into a more-aggressive green shift. See full story.

Why supply-chain bottlenecks, price pressures may ease by year end

Like in the past, economists at Guggenheim Partners think today’s skyrocketing lumber prices and shortages of essential parts, materials and labor likely won’t last long enough to spark runaway inflation. See full story.

Epic CEO: I decided to sue Apple because of App Store’s ‘negative impact’

Epic Games Inc. Chief Executive Tim Sweeney said he reluctantly decided to sue Apple Inc. despite his regard for the company and its products, as he set in motion Monday one of high tech’s most important court cases. See full story.

MARKETWATCH PERSONAL FINANCE

After her financial circumstances changed, Toi Cudworth delayed payments on some loans, and bought frozen chicken and veggies because they’re cheaper and they last longer. See full story.


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