AAOG is trading 12.3% higher today, tracking strength in its underlying stock and a broader technology rally fueled by strong corporate earnings and cooling inflation.
- U.S. futures are trending higher, led by Nasdaq gains following robust quarterly results from Microsoft and Amazon that have boosted sentiment for AI-related names.
- Cooling inflation data is further supporting risk appetite for growth stocks, amplifying the upside for this 2x leveraged long AAOI ETF.