Why Amazon Stock Rallied on Tuesday
What happened Shares of Amazon (NASDAQ: AMZN) climbed higher on Tuesday, adding as much as 2.8%. As of 2:51 p.m. ET, the stock was still up 2.6%. While the broader market updraft no doubt adding fuel to its rise, the catalyst that sent the e-commerce titan higher was an announcement regarding a collaboration with Nvidia (NASDAQ: NVDA).