🟢 Leveraged AAOI ETF (AAOG) is trading 8% up today after July PPI reduced perceived rate-hike pressure

AAOG is trading at $4.45, up +8.01%, as July PPI was unchanged versus expectations for a 0.2% increase, reducing perceived pressure for a September Federal Reserve rate hike.

• AI-infrastructure and semiconductor stocks strengthened globally, with Asian chip stocks leading broader technology gains.
• The move was magnified by AAOG’s 2x daily exposure to Applied Optoelectronics.
• The gain partly reverses AAOG’s 11.78% decline on August 13, 2026.