SOXL is trading at $153.17 (+5.67%), with the move reflecting a technology-led risk-on session as Nasdaq futures rose and AI leader Anthropic issued a strong revenue forecast.
- Micron and Broadcom advanced, supporting SOXL’s leveraged semiconductor exposure.
- Lower Treasury yields and reduced expectations for September rate hikes are supporting growth-oriented technology stocks, while elevated oil prices and Middle East tensions remain risks.