💻 NVIDIA Shares Surge Ahead of Earnings Report; Workday Shares Soar After Strong Q4 Earnings Beat Estimates | Tech Sector Insights
(VGT) has seen a price increase of 1.5% since Tuesday. The U.S. markets are currently displaying mixed results, with the S&P 500 and Nasdaq reaching a one-month low due to declining consumer confidence, as noted by The Conference Board.
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Wednesday, February 26
VGT [+1.5%]
Vanguard Information Technology ETF (VGT)
The Vanguard Information Technology ETF (VGT) has seen a price increase of 1.5% since Tuesday. The U.S. markets are currently displaying mixed results, with the S&P 500 and Nasdaq reaching a one-month low due to declining consumer confidence, as noted by The Conference Board. President Trump has initiated an investigation into copper imports on national security grounds, potentially leading to increased tariffs that could affect semiconductor companies like Nvidia within VGT's portfolio amid ongoing trade tensions with China. Additionally, expectations for Federal Reserve rate cuts have risen following weak economic data releases today. Among VGT's holdings, notable contributors include Nvidia, which is set to release its Q4 FY25 earnings after a significant stock gain over the past year, and Intuit, which reported strong fiscal results and raised its full-year guidance.