<p>What appeared to be a CPI-rally has faded, as the tech-heavy Nasdaq is sinking nearly 2%. What are tech stocks selling off on soft inflation data? We’ll dig into that.</p><p>Plus, shares of energy storage player Quantumscape are surging on a landmark new agreement with Volkswagen’s battery company. We’ll speak to the CEO about that and more.</p>

What appeared to be a CPI-rally has faded, as the tech-heavy Nasdaq is sinking nearly 2%. What are tech stocks selling off on soft inflation data? We’ll dig into that. Plus, shares of energy storage player Quantumscape are surging on a landmark new agreement with Volkswagen’s battery company. We’ll speak to the CEO about that and more.

Tech Stocks Tank, Power Mover 7/11/24

CNBC’s Tyler Mathisen and Kelly Evans take you through the heart of the business day bringing you the latest developments and instant analysis on the stocks and stories driving the day’s agenda. “Power Lunch” delves into the economy, markets, politics, real estate, media, technology and more. The show sits at the intersection of power and money. “Power Lunch” gives viewers a full plate of CNBC’s award-winning business news coverage, plus a healthy dose of personality from the show’s anchors and the network’s top-notch roster of reporters and digital journalists.

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Tech Stocks Tank, Power Mover 7/11/24

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