🟢 NVDU is trading 3.6% up today as AI and mega-cap tech names recover from last week's selloff

NVDU is trading 3.6% higher as mega-cap tech and AI-linked names recover from last week’s valuation-driven selloff.

• Broader risk appetite has improved with the Nasdaq and S&P 500 both higher, driving a rotation back into AI infrastructure and semiconductor exposure.
• Investors are increasing positions in AI-linked assets despite recent BIS warnings regarding systemic risks associated with aggressive AI spending.
• The 2x leveraged ETF is seeing renewed momentum as market participants capitalize on the rebound in high-growth technology valuations.