Technology sector ETF VGT reaches new 52-week high with strong earnings from tech giants

From Nasdaq.: 2024-10-30 08:02:00

Vanguard Information Technology ETF (VGT) hits a 52-week high, up 49.4% from its low. iShares Expanded Tech Sector ETF offers exposure to U.S. technology sectors. Tech giants like Alphabet, Meta, Microsoft, Apple, and Amazon are reporting strong earnings, leading to VGT’s Zacks ETF Rank #1 with potential for more gains.

Investors are watching the tech sector closely as earnings beat expectations. VGT has a Zacks ETF Rank #1 with a Medium risk outlook, indicating potential for continued outperformance. Key players like Google, Meta, Microsoft, Apple, and Amazon are set to report earnings in the coming days, driving momentum in the sector.



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