Tech stocks fall on inflation fears, Brazil’s oil intervention, Big Tech goes green

The Nasdaq Composite closed 2.5 per cent lower on Monday as rising inflation expectations undercut arguments for tech stocks’ high valuations, Brazilian markets were rattled after president Jair Bolsonaro removed the head of Petrobras, and American rapper Jay-Z signs a big champagne deal with LVMH. Plus, the FT’s clean energy and environment correspondent, Leslie Hook, explains how Big Tech companies became one of the world’s largest supporters of green energy. Global stocks fall on nerves over inflation outlookhttps://www.ft.com/content/cab2caee-60c9-40cb-a115-099287ab8bf4Brazilian markets rattled by Bolsonaro’s removal of Petrobras chiefhttps://www.ft.com/content/68b0c6cf-7d78-4e0e-9025-bfaca7e098e2LVMH signs champagne deal with rap star Jay-Zhttps://www.ft.com/content/840826e8-a70e-4f1d-82a4-1b83895eced5How tech went big on green energyhttps://www.ft.com/content/0c69d4a4-2626-418d-813c-7337b8d5110d? Hosted on Acast. See acast.com/privacy for more information.

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The Nasdaq Composite closed 2.5 per cent lower on Monday as rising inflation expectations undercut arguments for tech stocks’ high valuations, Brazilian markets were rattled after president Jair Bolsonaro removed the head of Petrobras, and American rapper Jay-Z signs a big champagne deal with LVMH. Plus, the FT’s clean energy and environment correspondent, Leslie Hook, explains how Big Tech companies became one of the world’s largest supporters of green energy. Global stocks fall on nerves over inflation outlookhttps://www.ft.com/content/cab2caee-60c9-40cb-a115-099287ab8bf4Brazilian markets rattled by Bolsonaro’s removal of Petrobras chiefhttps://www.ft.com/content/68b0c6cf-7d78-4e0e-9025-bfaca7e098e2LVMH signs champagne deal with rap star Jay-Zhttps://www.ft.com/content/840826e8-a70e-4f1d-82a4-1b83895eced5How tech went big on green energyhttps://www.ft.com/content/0c69d4a4-2626-418d-813c-7337b8d5110d? Hosted on Acast. See acast.com/privacy for more information.

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