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.
For further details see:
Why Meta Platforms, Amazon, and Nvidia Are Rising Today