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Alphabet Back in Deal Talks for Cybersecurity Startup Wiz
Stocks to Watch: Harrow, Bakkt Holdings, Alphabet
Google Revives Talks to Acquire Wiz at Higher Valuation
Despite the pressure from weak retail, U.S. stock indices rebounded over two days, but Tesla and NVIDIA declined. Quantum computing stocks continued to rise sharply, and Chinese concept stocks strengthened, with Baidu up 9%.
Tesla closed down nearly 5%, NVIDIA fell nearly 2%; Intel rose nearly 7%; quantum computing stock ARQQ rose 57%; the China Concept Index rose 4%, and Alibaba increased by over 4%. After U.S. retail sales, the two-year U.S. Treasury yield reached a two-week high. The USD briefly approached a five-month low. Crude Oil Product rebounded over two days. Gold futures reached a historic high over three days, having briefly turned to decline during the session.
The largest acquisition in Google's history is nearing completion! Media reports indicate a $30 billion acquisition of the cybersecurity startup Wiz.
According to informed sources, Google's parent company Alphabet plans to acquire the cybersecurity startup Wiz for about 30 billion dollars and is currently in deep negotiations.
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