The MarketReader Minute
(VGT) rose 0.3% as easing U.S. chip export restrictions to China lifted sentiment around top holdings like Nvidia and AMD. Flat PPI data supported hopes for stable rates, while Apple and Unity led VGT’s intraday gains. Unity also hit a new 52-week high with heavy volume and rising bullish sentiment.
The MarketReader Minute
NVIDIA jumped after announcing it will resume H20 AI chip sales to China, following eased U.S. export restrictions. The move comes amid a broader rally in VGT holdings, including AMD, which hit a multi-month high. Meanwhile, hotter-than-expected CPI at 2.7% YoY reinforces the Fed’s hawkish stance.
The MarketReader Minute
Autodesk shares surged over 5% after dropping its PTC acquisition to focus on organic growth and AI strategy. Meanwhile, Palantir extended its rally on strong federal contracts, while Salesforce struggles with YTD declines despite pricing moves and revenue gains.
The MarketReader Minute
(VGT) is down since Thursday, pressured by Trump’s 35% tariff on Canadian imports and broader market weakness. Despite Bitcoin hitting an all-time high, key VGT holdings — including Apple, Adobe, Salesforce, Accenture, and ServiceNow — all declined.
The MarketReader Minute
(VGT) climbed 0.8% following Fed minutes indicating likely rate cuts this year, boosting sentiment for tech stocks. Key holdings like NVIDIA, Microsoft, and AMD advanced, with AMD rallying ahead of its August 5 earnings.
The MarketReader Minute
(VGT) is under pressure following President Trump’s announcement of new 25% tariffs on imports from Japan and South Korea. Samsung’s Q2 profit dropped due to shipping delays of memory chips used in NVIDIA’s systems. Intel also announced job cuts amid operational streamlining.
The MarketReader Minute
Tech stocks surged after a stronger-than-expected U.S. jobs report pushed back Fed cut hopes but signaled economic strength. VGT rose 1.5%, led by Microsoft, NVIDIA, and Apple.
The MarketReader Minute
VGT rose after U.S. private sector employment data showed a surprise drop, reinforcing expectations of Fed rate cuts. NVIDIA led gains amid a surge in the SOX index and AI-driven momentum, nearing a $4T market cap. Apple and Broadcom also supported the fund’s advance.
The MarketReader Minute
VGT declined amid notable weakness in top holdings. NVIDIA, Broadcom, Microsoft, AMD, and Palo Alto Networks contributed to the pullback, with Broadcom under pressure after insider selling and competition from Arista Networks. AMD gained attention following a large purchase by ARK Invest.
The MarketReader Minute
Tech stocks edged lower in step with the broader market, as the S&P 500 dipped modestly. A finalized U.S.-China agreement on rare earth shipments offered a potential long-term tailwind for the sector. Microsoft, Broadcom, and Marvell contributed to the day’s weakness.
The MarketReader Minute
The tech sector strengthened amid a weaker U.S. dollar and dovish Fed signals, which lifted global risk appetite. Micron’s earnings beat and NVIDIA’s continued AI traction led gains, while Broadcom faced insider selling. Arista Networks rose to a six-week high.
The MarketReader Minute
Tech stocks rallied sharply as easing geopolitical tensions and dovish Fed commentary lifted market sentiment. NVDA, AMD, MSFT, AVGO, and INTC were top contributors to VGT’s strong performance, with semiconductors leading the charge.
