CNBC Daily Open: Red hot tech
Publishing timestamp: 2023-07-11 19:34:39
Summary
Energy stocks led gains on Wall Street, with the S&P 500 and Nasdaq Composite also rising. Warren Buffett's energy division purchased a stake in Cove Point LNG facility. Temasek posted a negative return and is cautious about investing in cryptocurrency exchanges. A federal judge rejected the FTC's request to prevent Microsoft's acquisition of Activision Blizzard. Turkish President Erdogan linked Sweden's NATO bid with Turkey's EU accession. Goldman Sachs initiated coverage of Xpeng with a buy rating. Nasdaq will announce changes to the weighting of stocks in its Nasdaq 100 Index. China's technology sector is seeing a relief rally after Ant Group's fine.
Sentiment: MIXED
Tickers: .IXIC, ATVI, BABA, NVDA, .NDX, .SPX, 700-HK, MSFT, .DJI, @CL.1,
Keywords: wti crude (mar'23), markets, nvidia corp, alibaba group holding ltd, microsoft corp, warren buffett, tencent holdings ltd, world markets, activision blizzard inc, nasdaq 100 index, business news,
Source: https://www.cnbc.com/2023/07/12/cnbc-daily-open-red-hot-tech.html