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Why Meta Platforms, Amazon, and Nvidia Are Rising Today

TheMotleyFool

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Why Meta Platforms, Amazon, and Nvidia Are Rising Today: https://g.foolcdn.com/editorial/images/693354/gettyimages-1332377628.jpg

Shares of Meta Platforms (NASDAQ: META), Amazon (NASDAQ: AMZN), and Nvidia (NASDAQ: NVDA) were all making gains this morning as investors continued their cautious optimism in tech stocks that began last month.

As a result, Meta stock gained 2.3%, Amazon climbed 1.2%, and Nvidia rose 2% as of 12:45 p.m. ET.

Investors dipped their toes back into tech stocks last month following a months-long exodus from the sector. The tech-heavy Nasdaq Composite is down 20% year to date as investors have processed the news of skyrocketing inflation, Federal Reserve interest rate hikes, and fears that the economy could end up in a recession.

Source Fool.com

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