From heaven to hell in a day! $2 billion "Leveraged ETF" bottoms out US tech stocks, blood flowing like a river

A batch of leveraged ETFs centered around technology products has suffered double-digit losses, as the market crash dealt a heavy blow to stocks related to artificial intelligence frenzy. These ETFs aim to double or triple the daily fluctuations of the underlying securities. The NASDAQ-100 Index plummeted 3.7% on Wednesday, marking the largest single-day decline since October 2022. Meanwhile, disappointing earnings reports from Alphabet and Tesla have raised doubts in the market about when investments in artificial intelligence will yield returns. While investors use leveraged products to amplify profits, they also face greater risks and losses. This is an investment event related to technology stocks. In summary, blood is flowing in the technology sector, and investors have suffered significant losses