Vanguard S&P 500 ETF Sees Inflows Amid Modest Pullback

Vanguard S&P 500 ETF ( $VOO ) has fallen by 0.51% in the past week. It has experienced a 5-day net inflow of $1.25 billion.
This is due, in part, to market sentiment on some of the ETF’s largest holdings. For example:

• Nvidia Corporation remains the market’s purest play on the AI data-center boom, with its Blackwell GB200/GB300 chips and upcoming Rubin platform driving accelerating revenue, wider margins, and unprecedented visibility on roughly $500 billion of data‑center orders through 2025–26. After a roughly 40% share price gain in 2025, Wall Street still sees the stock as undervalued relative to its growth, with a Strong Buy consensus and an average target near $263 implying about 40% upside, while individual analyst targets range from $200 (baking in concerns about “circular” revenues from mega AI deals) to $352 on the bull side. Jefferies and other brokers highlight that Nvidia still trades at mid‑teens earnings multiples on 2027 estimates despite its dominance, though investors must weigh intensifying competition from AMD and Broadcom and the risk that AI infrastructure spending shifts from a rush to secure capacity toward a slower, digestion phase later in the cycle.
• Apple Inc is under mounting regulatory pressure in India just as analysts remain broadly constructive on the stock’s long‑term story. The country’s Competition Commission has issued a final warning in a long‑running antitrust probe into the App Store, accusing Apple of stalling the investigation by withholding financial data and formal objections; the case, sparked in 2022 by Match Group and local developers, could theoretically expose Apple to fines of up to $38 billion if penalties are calculated on global revenue, a methodology Apple is challenging in Delhi’s High Court. Regulators have refused Apple’s request to pause the probe pending that court outcome and say they will proceed with or without the company’s cooperation, creating headline and legal risk in one of Apple’s fastest‑growing markets. Even so, Wall Street maintains a Moderate Buy rating on AAPL, with an average target around $299.69, implying roughly 15% upside as investors bet that the company’s services monetization, brand strength, and product pipeline ultimately outweigh the drag from tougher antitrust scrutiny.
• Microsoft continues to be treated by investors as a core beneficiary of the AI wave thanks to its deep financial and technical ties to OpenAI, even as that relationship brings new legal and strategic uncertainties. OpenAI, whose flagship services run heavily on Azure, has rolled out its lower‑priced ChatGPT Go plan to more than 170 countries, offering the latest GPT‑5.2 Instant model, higher usage limits and a broader feature set at $8 per month, and is preparing to introduce interactive ads in the free and Go tiers in the U.S. to accelerate monetization toward a bold revenue goal that could reach $100 billion by 2027. At the same time, Microsoft is reshaping its own operations by closing physical libraries in Redmond, Beijing, Dublin and Hyderabad to create AI‑powered digital learning hubs and trimming external research subscriptions, while its Xbox hardware business shows signs of aging as Series X/S sales flatten and rivals widen their lead. Overlaying this is a high‑profile jury trial set for April, in which Elon Musk accuses OpenAI and, by extension, Microsoft of drifting from the AI lab’s original nonprofit mission; OpenAI has warned investors to brace for sensational claims but argues Musk is owed no more than his original funding. Despite these cross‑currents, analysts remain strongly bullish on MSFT, with a Strong Buy consensus and an average price target around $631 per share, suggesting roughly mid‑30% upside as the market focuses on AI‑driven cloud and software growth over cyclical hardware and legal noise.