5 things to know before the stock market opens Wednesday

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Here are the most important news items that investors need to start their trading day.

Apple announced new versions of its iPad Air and iPad Pro tablets.finished slightly higher Tuesday and is on its longest winning streak since December. The blue-chip index added 31.99 points, or 0.08%. Theprivate in a potential buyout, and the the connected fitness company has had talks with at least one firm, CNBC reported. There's no guarantee a deal could be made. Peloton has seen its market capitalization plummet from a high of $49.3 billion in January 2021 to about $1.

The iPad Air will start at $599 and will be available in stores next week.The New York Stock Exchange welcomes Reddit, Inc. to celebrate its initial public offering. To honor the occasion, Snoo, rings the Opening Bell®.in March. Revenue climbed 48% from $163.7 million a year earlier, and the company posted a faster rate of growth in ad revenue than its top competitors. Reddit also reported 82.7 million daily active users for the period.

 

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