Tech stocks today: Meta, Google stocks rise after social media verdict, OpenAI shuts down Sora video platform

Tech stocks rose on Wednesday amid cautious hopes for US-Iran talks and as a jury reached a highly anticipated decision in a social media addiction lawsuit. On Wednesday, a Los Angeles jury found Alphabet’s (GOOG, GOOGL) YouTube and Meta (META) liable for harm done to a young user. The jurors ordered the companies to pay the lead plaintiff $3 million in compensatory damages in the first-of-its-kind case. Meanwhile, investors continue to evaluate Nvidia’s AI offerings after the company unveiled new AI ch ...