NVDL, SOXL, And Other Chip-Stocks Tracking ETFs Are Trading Higher In Premarket Today: Here's Why

BenzingaJul 31 08:15 ET

What goes up must come down! A $2 billion leveraged ETF scoops up technology stocks at rock-bottom prices, causing blood to flow.

A batch of leveraged ETFs centered on technology products has seen double-digit losses, previously hit by the market crash and stocks related to the AI ​​hype.

Zhitong FinanceJul 25 01:39 ET

AI frenzy swept the fund market! Nvidia (NVDA.US) beat Tesla (TSLA.US) to become the most popular single-stock ETF asset.

According to the Wise Finance APP, a new player has taken the lead in the speculative field of ETF investments. Thanks to the continuous prosperity of artificial intelligence, Nvidia (NVDA.US) now dominates the ETF tracking of a company, occupying more than half of the assets of the so-called single-stock ETF, with a total amount exceeding $6 billion. Meanwhile, according to data from JPMorgan and Bloomberg Intelligence, Tesla (TSLA.US)-centered funds account for only one-fifth of all assets in the industry, down from two-thirds last year.

Zhitong FinanceJul 8 23:40 ET

Nvidia's Stock Selloff Inspired Retail Investors to Buy the Dip

MarketWatchJun 25 16:22 ET

Nvidia Continues to Dominate IBKR's Weekly Most-active Stocks and Options List

Seeking AlphaJun 25 14:13 ET

Appetite for NVDA, Levered ETFs High as Retail Investors Narrow Focus on Mega-caps: Vanda

Seeking AlphaJun 22 09:00 ET