🔴 ORCX is trading 3.6% down today as Oracle selloff and AI spending concerns persist

ORCX is trading 3.6% down today as the leveraged ETF tracks a sustained selloff in Oracle (ORCL) amid a broader technology-led market pullback.

• Investors are rotating away from high-valuation AI and growth names, contributing to softer U.S. equity performance.
• Sentiment is being dampened by concerns over heavy AI capital spending across the technology sector.
• As a leveraged product, ORCX remains highly sensitive to the continued pressure on Oracle shares over multiple sessions.