💻 Monday.com Soars on Strong Q4, NVIDIA Rises Amid Positive Analyst Sentiment; ON Semiconductor Drops After Weak Outlook | Tech Sector Insights
(VGT) has seen a price increase of 1.2% since Friday. Key contributors to this performance include NVIDIA Corp (NVDA), which rose significantly, contributing notably to the ETF's gains.
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Monday, February 10
VGT [+1.2%]
Vanguard Information Technology ETF (VGT)
The Vanguard Information Technology ETF (VGT) has seen a price increase of 1.2% since Friday. Key contributors to this performance include NVIDIA Corp (NVDA), which rose significantly, contributing notably to the ETF's gains. Other strong performers were Apple Inc. (AAPL), Microsoft Corp. (MSFT), Broadcom Inc. (AVGO), and Adobe Inc. (ADBE), all of which posted positive returns. Notably, NVIDIA has been added to Evercore's Tactical Outperform List, with Argus reiterating a Buy rating and setting a 12-month price target of $175. The company continues to leverage its competitive advantage in AI accelerators, particularly with its Blackwell family technology, which benefits from first-mover status and a comprehensive suite of software and hardware solutions.