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 outlook https://www.ft.com/content/cab2caee-60c9-40cb-a115-099287ab8bf4 Brazilian markets rattled by Bolsonaro’s removal of Petrobras chief https://www.ft.com/content/68b0c6cf-7d78-4e0e-9025-bfaca7e098e2 LVMH signs champagne deal with rap star Jay-Z https://www.ft.com/content/840826e8-a70e-4f1d-82a4-1b83895eced5 How tech went big on green energy https://www.ft.com/content/0c69d4a4-2626-418d-813c-7337b8d5110d? Hosted on Acast. See acast.com/privacy for more information.