WULX is trading 4.6% down today as early strength in AI and data-center names gives way to renewed selling pressure.
- The fund delivers 2x daily exposure to TeraWulf (WULF), resulting in amplified downside as the underlying stock tracks sharp swings in the AI infrastructure and crypto-linked sectors.
- While Micronβs blockbuster earnings initially lifted data-center plays pre-market, ongoing volatility has driven an intraday reversal in this leveraged product.