Analysis-Nvidia to set tone for booming AI leveraged ETF market
-AI hype that has helped push U.S. stocks to fresh records this year has driven an explosion in leveraged single stock exchange-traded funds, a universe of speculative products that is likely to be tested by Nvidia’s Wednesday earnings.
Companies that investors expect to benefit either directly or indirectly from the AI revolution now dominate U.S. single stock leveraged and inverse ETFs, underscoring investor demand for products that magnify their AI-themed bets, according to a Reuters analysis of industry data from issuers, Morningstar and CFRA Research.
