US stocks rise ahead of Big Tech earnings and Fed decision

US stocks opened higher Monday ahead of a week packed with earnings from major tech companies, while AI startup Anthropic filed for its initial public offering. The Dow Jones rose 0.47%, the Nasdaq gained 0.32%, and the S&P 500 added 0.38% in early trading. Investors are awaiting the Federal Reserve's rate decision Wednesday and results from Alphabet and Microsoft on Wednesday, followed by Amazon on Thursday. Meta announced plans to raise up to $95 billion through new share issuance to fund AI ambitions, with Nvidia, AMD, and Broadcom among potential buyers. Anthropic filed for a Nasdaq listing after posting a net loss of $80.7 billion in the first half, on revenue of $16.3 billion. Meta shares fell 1.83%, while Brent crude declined 0.75% to $115.85 per barrel.