GraniteShares 2x Long MU Daily ETF is trading 3.3% up today as the information technology sector stabilizes following several days of sharp AI-driven selling.
- Traders are bargain-hunting in high-beta technology stocks after a pullback triggered by Oracle’s heavy AI capital expenditure plans and geopolitical tensions in the Middle East.
- Equity futures and Nasdaq benchmarks are pointing higher, supporting a sector-wide recovery that is lifting leveraged semiconductor and technology vehicles.