BULZ is trading 4.3% down today as high-beta mega-cap tech continues to sell off following disappointing reactions to Alphabet and Tesla’s earnings.

  • The 3x leveraged product is seeing amplified losses as weakness persists across AI, EV, and internet leaders within its equal-weighted basket.
  • Risk-off sentiment is being driven by a combination of higher oil prices, tariff uncertainty, and ongoing fears of higher-for-longer interest rates.
  • These macroeconomic headwinds are specifically pressuring long-duration growth stocks, further dragging down the innovation-focused tech note.