CNBC Daily Open: Microsoft and Nvidia hit all-time highs
Publishing timestamp: 2023-11-21 02:30:01
Summary
Sam Altman, former CEO of OpenAI, is joining Microsoft to lead a new artificial intelligence team. This news has pushed Microsoft shares to a record high. Nvidia shares also hit an all-time high ahead of their earnings report. The Chinese property market needs more support, but some developers are showing signs of improvement. High interest rates and Treasury yields have led to a boom in cash deposits and money market funds. Overall, the markets had a positive start to the week.
Sentiment: MIXED
Tickers: NVDA, .DJI, BAYN-DE, MSFT, .IXIC, .SPX, 1918-HK,
Keywords: satya nadella, bayer ag, sunac china holdings ltd, microsoft corp, markets, nvidia corp, dow jones industrial average, s&p 500 index, business news, nasdaq composite, world markets, technology, china,
Source: https://www.cnbc.com/2023/11/21/stock-markets-microsoft-and-nvidia-hit-all-time-highs.html