🟢 VGT is trading 1.6% up today on Microsoft earnings beat and tech sector recovery

VGT is trading 1.6% higher today as the technology sector rebounds following a strong earnings report from Microsoft.

• Microsoft's robust cloud and AI-driven growth is lifting major technology and semiconductor names, improving sentiment after recent concerns regarding AI spending and China-related chip selloffs.
• Firmer equity futures and anticipation of key U.S. GDP and consumer spending data are further supporting risk appetite in growth-oriented technology stocks.
• The pre-market bounce marks a turnaround for the ETF after several sessions of weakness tracking broader volatility in the tech space.