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UBOT / NVIDIA Stock Could Push This Leveraged AI ETF Even Higher

Graphics processing unit (GPU) company NVIDIA (NVDA) is the top constituent in the index underpinning the Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X ETF (UBOT). Thanks to NVIDIA stock, the ETF is now up over 50% YTD — and it could keep climbing, as investor interest in AI continues to heat up. Read More

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Posted: Aug 17 2023, 16:59

Author Name: ETF Trends

UBOT News

By ETF Trends
August 17, 2023

NVIDIA Stock Could Push This Leveraged AI ETF Even Higher

Graphics processing unit (GPU) company NVIDIA (NVDA) is the top constituent in the index underpinning the Direxion Daily Robotics, Artificial Intellig

By ETF Trends
July 26, 2023

Changing Workforce Underscores Growth of Artificial Intelligence

As a disruptive technology, artificial intelligence is also looking to disrupt the workforce, altering the demand for more skilled labor that suppleme

By ETF Trends
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Transformative Growth of AI Offers Traders a Leveraged ETF Option

As the world gets increasingly more automated, artificial intelligence (AI) will play a crucial role in the long-term growth horizon. Additionally, it

By ETF Trends
May 2, 2022

Research Firm Shows Transportation Industry Isn't Hurting

The transportation industry can give an indication of how strong the economy is, and right now, a correction is underway amid rising inflation, but AC

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