Tech Down on Retreat From Risk — Tech Roundup

Shares of technology companies fell as a spike in oil prices associated with the planned Israeli ground invasion of the Gaza Strip caused a flight from risk.

Among high-risk tech stocks, artificial-intelligence chipmaker Nvidia slid 3%. Microsoft ticked down after the software giant closed its $75 billion acquisition of videogame maker Activision Blizzard, the largest in a slew of deals orchestrated by Chief Executive Satya Nadella.

Shares of online marketplace PSQ Holdings rose after the company said preliminary results show third-quarter revenue rising fourfold from the prior quarter.

Write to Rob Curran at [email protected]

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