The MarketReader Minute
(VGT) advanced as Nvidia’s Q2 beat highlighted a sharp YoY revenue surge, despite lingering China trade risks. Apple, Broadcom, Snowflake, Microsoft, and Pure Storage all contributed, with Snowflake and Pure Storage both raising FY revenue forecasts.
The MarketReader Minute
(VGT) +0.8% advanced as speculation over Fed independence and rate cuts lifted tech sentiment. Strong results from MongoDB, which beat on Q2 EPS and raised full-year guidance, drove the sector higher alongside gains in Microsoft and Apple.
The MarketReader Minute
(VGT) gained 1.8%, boosted by Fed Chair Powell’s dovish hints on potential rate cuts and a broader market rally. Key holdings NVIDIA, Apple, Microsoft, Broadcom, and Intel posted strong returns, with NVIDIA unveiling new AI tech and Apple addressing security risks.
The MarketReader Minute
(VGT) fell 0.3% today as Federal Reserve officials signaled rates may stay higher for longer, weighing on tech indices. Apple, Nvidia, and AMD all declined. AMD also faced headwinds after a source code leak despite a new AI partnership with Amazon.
The MarketReader Minute
(VGT) slid 2.1% Tuesday, weighed down by sharp declines in NVIDIA, Microsoft, Broadcom, AMD, and Oracle. NVIDIA and Microsoft faced cybersecurity concerns tied to Israel, while AMD fell on Intel competition and processor leaks. The S\&P 500 also slipped 0.68%, echoing broad market weakness.
The MarketReader Minute
VGT slipped 0.4% after hotter-than-expected PPI data and falling jobless claims fueled rate concerns. Losses in AMD, Apple, Salesforce, Coherent, and Cisco weighed on performance, with company-specific news amplifying sector weakness.
The MarketReader Minute
VGT fell as weakness in Apple, Intuit and Adobe pressured the tech sector, mirroring broader market declines. Monday.com plunged despite beating Q2 estimates, as softer Q3 guidance and analyst downgrades fuelled heavy selling.
The MarketReader Minute
Tech stocks gained with VGT up, led by Apple, Nvidia, and Cisco. A new 100% tariff on semiconductor imports favors U.S. manufacturers, while soft labor data fuels expectations of Fed rate cuts, boosting growth sentiment across the sector.
The MarketReader Minute
Vanguard’s Information Tech ETF slid 0.3% after Trump announced a 100% tariff on foreign-made semiconductors. While Apple pledged \$100B to U.S. manufacturing, rising jobless claims weighed on sentiment. Microsoft slipped; Oracle gained on cloud strength.
The MarketReader Minute
(VGT) declined 0.8% Tuesday, tracking a broader market retreat as the S\&P 500 dropped 0.51%. Major holdings like Microsoft and NVIDIA led the pullback. A surprise drop in the ISM Services PMI to 50.1 and a narrowing trade deficit added to investor unease.
The MarketReader Minute
The Vanguard Information Technology ETF (VGT) climbed 2.0%, fueled by Microsoft’s surge toward a $4 trillion market cap, strong cloud and AI spending, and renewed Fed rate cut speculation after a weak July jobs report. NVIDIA and AMD also posted strong gains, helping push the S\&P 500 over 1%.
The MarketReader Minute
VGT fell 0.2% Wednesday as the Fed kept rates steady amid strong GDP growth and inflation concerns. Apple, Microsoft, and Qualcomm declined, while Palo Alto Networks slipped on its $25B CyberArk buyout. Accenture hit a 26-month low, echoing the S&P 500’s broader pullback.
