Leverage Shares 2X Long ARM Daily ETF is trading 8.9% higher in pre-market on June 18, 2026. This surge follows: * Bernstein raising its price target on underlying chip designer ARM Holdings to $500 (from $300), citing ARM's growing role in AI workloads and projected revenue of $22 billion by 2030. * Continued strength in ARM Holdings, which hit new highs, and a broader tech rally. * Index futures rebounding after the Federal Reserve held interest rates steady on June 17, supporting risk assets and growth stocks.