VOOG is trading 2% up in pre-market, tracking a rally in growth stocks led by the information technology sector, which accounts for 41.4% of the fund's weight.
- Intel surged 13% on Apple chip deal rumors and Pinterest rallied 16% following an earnings beat, significantly boosting investor sentiment.
- Broader market futures are climbing, with the NASDAQ up 1.55% as cooling JOLTS data hints at potential Fed rate cuts.
- AI chip enthusiasm remains high following Samsung's $1T market cap milestone, further supporting the tech-heavy ETF.