Levered ETFs are a huge force in US stocks right now.
Their daily rebalancing hit a record $50 billion.
To keep their target leverage, they buy more when markets go up and sell when they drop.
That number has more than quadrupled since 2026.
It now makes up 1.60% of
Apple is talking about buying memory chips from Chinese companies now.
Earlier news: Trump praised Micron for donating $250M to his accounts.
Who comes out on top?
Just read that Meta is reportedly building a cloud business to sell extra AI compute. If this is real, it's what the market has been waiting for.
- Makes the massive spending worth it
- Expands beyond ads
- Could open the door to selling B2B agentic services too
- Compute
Unusual Whales has a July 4th deal going on. ๐
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Nvidia $NVDA has been lagging behind the S&P 500 $SPY for 6 straight trading days now โ its longest streak of doing worse since last September ๐ ๐