LQQ.MI is trading up 4.1% today as the 2x leveraged Nasdaq-100 ETF amplifies a strong rebound in U.S. large-cap tech and AI-related stocks.

  • Investors are rotating back into megacap software and AI names following recent volatility, building on momentum from the August 3 rally.
  • Risk appetite is being bolstered by a supportive macro backdrop, including easing Middle East tensions, lower oil prices, and solid U.S. manufacturing data.
  • The move reflects a broader recovery in the tech complex as market participants favor growth-oriented assets amid improving sentiment.