Tech Higher On Strong Nutanix Debut - Tech Roundup

Shares of tech companies rebounded after a stellar stock-market debut for a software company quieted fears about lack of appetite for new tech issues. Nutanix shares more than doubled on its stock-market debut after the maker of software for data management priced its initial public offering above expectations. Japanese conglomerate Softbank's Chief Executive Masayoshi Son said the company plans to invest around 4.5 billion in South Korea's technology sector over the next decade, expressing interest in emerging fields of smart robots, the "Internet of Things" and artificial intelligence.