VGT is trading at $115.17, down 1.53%, as Oracle’s planned $20 billion stock-and-bond raise for AI infrastructure renewed financing and overspending concerns, weighing on tech shares.
- The decline contrasts with a broader-market rebound; tech sentiment remains fragile after last week’s selloff over weak earnings and doubts about returns on heavy AI investment.
- Investors are awaiting Apple’s earnings after the close, adding caution. Available reports do not confirm VGT-specific trading volume.