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Two fresh ways to play the weight loss and megacap tech hype - TL;DR CNBC

Two fresh ways to play the weight loss and megacap tech hype

Publishing timestamp: 2024-03-23 11:00:01


Summary

Roundhill Investments is launching a fund focusing on companies behind GLP-1 drugs in the healthcare sector. They have also recently launched leveraged and inverse ETFs tracking popular tech stocks. These ETFs are considered risky and are meant for short-term trading, not long-term holding. Since their debut, the 2X Long ETF is up almost 7% while the Inverse ETF is down nearly 4%.


Sentiment: MIXED

Tickers: MSFTGOOGLMETATSLAAMZNNOVO.B-DKLLYAAPLNVDA

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Source: https://www.cnbc.com/2024/03/23/new-funds-target-weight-loss-big-tech-hype-roundhill-investments.html


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