🔴 AIBD is trading 3.2% down today as AI and big-data stocks extend their rebound

AIBD is trading at $54.18 (-3.22%) as AI and big-data stocks extend their rebound, pressuring the inverse ETF.

• The broader market is in a risk-on posture, with the S&P 500, Nasdaq, and Dow all trading higher on August 3.
• Strength in AI-linked equities directly weighs on AIBD due to its inverse tracking of the artificial intelligence and big data sector.