💻 SAP Surges on Strong Q1 Results; NVIDIA & Intel Also See Gains Amid Market Optimism | Tech Sector Insights
(VGT) reported a daily return of approximately 4.03%. Among VGT's holdings, NVIDIA led the performance with a substantial increase, followed by Apple, Microsoft, Broadcom, and AMD, all contributing positively to the ETF's overall performance.
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Wednesday, April 23
VGT [+3.9%]
Vanguard Information Technology ETF (VGT)
U.S. stock indices experienced significant gains today, with the Dow Jones Industrial Average rising sharply and both the S&P 500 and NASDAQ also posting notable increases. This surge was fueled by optimism surrounding trade negotiations between the U.S. and China, alongside President Trump's assurance regarding Federal Reserve Chair Jerome Powell's position. Consequently, Vanguard Information Technology ETF (VGT) reported a daily return of approximately 4.03%. Among VGT's holdings, NVIDIA led the performance with a substantial increase, followed by Apple, Microsoft, Broadcom, and AMD, all contributing positively to the ETF's overall performance. Notably, ARK Investment acquired shares of NVIDIA amid an announced collaboration on an AI supercomputer project. Meanwhile, Apple faced a fine from the European Commission for regulatory breaches, and Dayforce's platform became available in the Microsoft Azure Marketplace, enhancing operational capabilities. AMD also announced plans for a press conference at Computex 2025 to discuss advancements in artificial intelligence.