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CNBC Daily Open: Tech stocks were battered
  + stars: | 2023-07-21 | by ( Yeo Boon Ping | ) www.cnbc.com   time to read: +2 min
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Elon Musk, CEO, CTO, founderElon Musk is CEO of Tesla and SpaceX; CTO of Twitter; founder of Neuralink, The Boring Company and now xAI. Tesla may have reported record revenue for its second quarter and beaten Wall Street's expectations for both profit and revenue. But Wall Street isn't completely cheering the electric vehicle maker because of its shrinking margins.
Persons: Dow, Tesla, Elon Musk, Timothy Ash Organizations: CNBC, Dow outperforms, Netflix, Nasdaq, Dow Jones, SpaceX, Twitter, The Boring Company, Chicago Board of Trade, Initiative, Agriculture, BlueBay Asset Management, Tesla Locations: Dow outperforms U.S
This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Rice prices riseWhether your carbohydrate of choice is rice, bread or noodles, expect to pay more for it. Global rice prices are already at a record high because of shortages. Morgan Stanley picks a list of global stocks it thinks will beat the market — and are priced less than the bank thinks they're worth.
Persons: Dow, Elon Musk, China Nicholas Burns, Daniel Kritenbrink, Gina Raimondo, Morgan Stanley Organizations: CNBC, Dow outperforms, Dow Jones, Nikkei, Initiative, Elon, SpaceX, Twitter, The Boring Company, NBC News, State, Commerce, Global Locations: Dow outperforms U.S, Asia, Pacific, India, Russia, China, East Asia
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