VUG is trading 1.53% higher as stronger AI-investment expectations fuel the technology-led risk-on rally.
- The Nasdaq Composite is up 1.36%, while Nvidia’s forecast for approximately 70% fiscal-2028 revenue growth and above-consensus near-term guidance lift semiconductor and software sentiment.
- Salesforce and CrowdStrike earnings strength provide additional support.
- Investors await Federal Reserve Chair Kevin Warsh’s August 28 Jackson Hole remarks.