Leverage Shares 2X Long AVGO Daily ETF is trading 6.8% up today as technology and AI-related stocks rebound amid a broader risk-on market sentiment linked to easing geopolitical tensions.
- The ETF is benefiting disproportionately from Broadcom’s participation in the tech rally due to its 2x daily performance leverage.
- A tentative U.S.–Iran peace agreement has triggered a drop in oil prices, further fueling the market-wide surge in risk assets and high-growth technology names.