🔴 BULZ is trading 10% down today on TSMC capex hike and hawkish Fed commentary

BULZ is trading at $30.89, down approximately 10% today as high-beta tech and innovation stocks face pressure from TSMC’s massive capex increase and hawkish Fed commentary.

• The move reflects a broader risk-off sentiment hitting growth and AI-linked names, contributing to a lower Nasdaq Composite.
• As a 3x leveraged ETN tracking the Solactive FANG Innovation Index, BULZ is magnifying the underlying index losses during this period of volatility.