From peak to now: the Mag 7 pullback 📉
Even the biggest names don’t move in a straight line.
◾ Apple: -12.5%
◾ NVIDIA: -15.8%
◾ Alphabet (Google): -17.1%
◾ Amazon: -18.1%
◾ Tesla: -22.6%
◾ Meta: -25.3%
◾ Microsoft: -33.2%
Drawdowns are part of the cycle. The path matters just as much as the outcome.
Leverage Shares offers both long and short ETPs on Mag 7 companies, allowing investors to position for moves in either direction.
#MarketingCommunication
Even the biggest names don’t move in a straight line.
◾ Apple: -12.5%
◾ NVIDIA: -15.8%
◾ Alphabet (Google): -17.1%
◾ Amazon: -18.1%
◾ Tesla: -22.6%
◾ Meta: -25.3%
◾ Microsoft: -33.2%
Drawdowns are part of the cycle. The path matters just as much as the outcome.
Leverage Shares offers both long and short ETPs on Mag 7 companies, allowing investors to position for moves in either direction.
#MarketingCommunication
❤2
What’s Behind the Bond Sell-off?
The 10-Year U.S. Treasury yield surged 46 basis points since February 28, the start of the Iran conflict.
Yield moved from 3.94% to a peak of 4.4% as of March 24.
If geopolitical conflicts typically drive investors to safe-haven assets, why are Treasuries selling off?
Instead of a traditional safe assets demand for bonds, the Treasury market prices in higher inflation expectations and stricter Fed policy path, driven by increased oil prices, which supports the bond sell-off.
Pressure on the debt market will likely persist as long as oil and inflation risks remain elevated.
The 10-Year U.S. Treasury yield surged 46 basis points since February 28, the start of the Iran conflict.
Yield moved from 3.94% to a peak of 4.4% as of March 24.
If geopolitical conflicts typically drive investors to safe-haven assets, why are Treasuries selling off?
Instead of a traditional safe assets demand for bonds, the Treasury market prices in higher inflation expectations and stricter Fed policy path, driven by increased oil prices, which supports the bond sell-off.
Pressure on the debt market will likely persist as long as oil and inflation risks remain elevated.
Stock and Bond Returns Post Oil Shock
How does the market respond to an oil shock?
The crises of 1973, 1979, 1990, and 2022 reveal a pattern in the performance of S&P 500 and 10-year US Treasury yields when energy shocks hit.
On average, the equities drop by ~10% in the first 150 days, but typically recover fully by month 15. Bonds, meanwhile, historically see a yield rise of ~150 basis points within the first year due to the emerging inflation pressures.
Today’s cycle stands out on both fronts.
Equities entered the shock already stressed, while Treasury yields came in elevated, both diverging from the historical averages.
With current yields running above the historical average, markets suggest pricing in more inflationary pressure than in prior events.
How does the market respond to an oil shock?
The crises of 1973, 1979, 1990, and 2022 reveal a pattern in the performance of S&P 500 and 10-year US Treasury yields when energy shocks hit.
On average, the equities drop by ~10% in the first 150 days, but typically recover fully by month 15. Bonds, meanwhile, historically see a yield rise of ~150 basis points within the first year due to the emerging inflation pressures.
Today’s cycle stands out on both fronts.
Equities entered the shock already stressed, while Treasury yields came in elevated, both diverging from the historical averages.
With current yields running above the historical average, markets suggest pricing in more inflationary pressure than in prior events.
Tesla Q1 2026 Deliveries Fall Short
Tesla Q1 2026 total deliveries came in at 358,023 vehicles - a modest 6.3% growth YoY, but a sharp decline from the Q3 2025 peak of 497,099.
Model 3/Y remains the backbone at 341,893 units, while the other models contributed just 16,130.
Leverage Shares provides long and short amplified exposure to TSLA.
Tesla Q1 2026 total deliveries came in at 358,023 vehicles - a modest 6.3% growth YoY, but a sharp decline from the Q3 2025 peak of 497,099.
Model 3/Y remains the backbone at 341,893 units, while the other models contributed just 16,130.
Leverage Shares provides long and short amplified exposure to TSLA.
❤1
Oil’s Best Month since COVID-19
In March 2026, oil had its highest monthly increase since the pandemic. Brent surged 45.5%, as of March 23.
Historically, the worst downturns come from demand panics - 2008 financial crisis and the pandemic crash being the clearest examples.
The biggest upside spikes, by contrast, usually come from supply shocks.
In 1990, Iraq’s invasion of Kuwait triggered a major supply disruption and a 47% jump in Brent.
In 1998, coordinated OPEC production cuts, lifted Brent by 21%. Now, the Strait of Hormuz closure, handling roughly 20% of global oil supply, is driving the latest surge.
For investors seeking short or long exposure, Leverage Shares offers 3x and -3x WTI Oil ETPs.
In March 2026, oil had its highest monthly increase since the pandemic. Brent surged 45.5%, as of March 23.
Historically, the worst downturns come from demand panics - 2008 financial crisis and the pandemic crash being the clearest examples.
The biggest upside spikes, by contrast, usually come from supply shocks.
In 1990, Iraq’s invasion of Kuwait triggered a major supply disruption and a 47% jump in Brent.
In 1998, coordinated OPEC production cuts, lifted Brent by 21%. Now, the Strait of Hormuz closure, handling roughly 20% of global oil supply, is driving the latest surge.
For investors seeking short or long exposure, Leverage Shares offers 3x and -3x WTI Oil ETPs.
🔥1
Corporate Bitcoin holdings remain highly concentrated in the US 🇺🇸
Strategy alone holds 780.9K BTC
Next largest holders: 43.5K, 38.7K, 30.0K BTC
Even major players like Coinbase and Riot hold far less
RoW remains far more fragmented. Who drives the next wave of corporate BTC adoption? Leverage Shares offers 3x Long and -3x Short Bitcoin ETPs.
Strategy alone holds 780.9K BTC
Next largest holders: 43.5K, 38.7K, 30.0K BTC
Even major players like Coinbase and Riot hold far less
RoW remains far more fragmented. Who drives the next wave of corporate BTC adoption? Leverage Shares offers 3x Long and -3x Short Bitcoin ETPs.
🤩1
What countries hold the most gold?
The USA holds 8,133 tonnes of gold reserves - nearly equivalent to Germany, Italy, and France combined.
Central banks bought over 1,000 tonnes of gold annually from 2022 to 2024, while the gold price surged over 60% in 2025.
Want amplified exposure? Leverage Shares offers a 5x Long Gold ETP.
The USA holds 8,133 tonnes of gold reserves - nearly equivalent to Germany, Italy, and France combined.
Central banks bought over 1,000 tonnes of gold annually from 2022 to 2024, while the gold price surged over 60% in 2025.
Want amplified exposure? Leverage Shares offers a 5x Long Gold ETP.
🍏 Apple's two iconic CEOs
Steve Jobs (1997-2011): Turned Apple into a $347.2B giant.
Stock up from $0.2 to $11.2 (+5,500%).
Tim Cook (2011-2026): Built a $4 trillion company. Stock up +2,277% to $266.
On September 1, 2026, a new CEO steps in. Will Apple keep its momentum?
Leverage Shares offers 3x and -3x Apple ETP.
Steve Jobs (1997-2011): Turned Apple into a $347.2B giant.
Stock up from $0.2 to $11.2 (+5,500%).
Tim Cook (2011-2026): Built a $4 trillion company. Stock up +2,277% to $266.
On September 1, 2026, a new CEO steps in. Will Apple keep its momentum?
Leverage Shares offers 3x and -3x Apple ETP.
🔥1
UnitedHealth Group - Q1'26 Earnings Highlights:
✅ Revenue: $111.72B vs $109.66B est. (+2% YoY)
✅ Adj. EPS: $7.23 vs $6.6 est.
$2B+ buyback by end of Q2 '26
UNH went up ~7% on the day, hitting its highest level since October 2025.
Leverage Shares 3x Long UNH ETP (UNH3) surged ~21%.
Results suggest improving stability in the health insurance sector.
✅ Revenue: $111.72B vs $109.66B est. (+2% YoY)
✅ Adj. EPS: $7.23 vs $6.6 est.
$2B+ buyback by end of Q2 '26
UNH went up ~7% on the day, hitting its highest level since October 2025.
Leverage Shares 3x Long UNH ETP (UNH3) surged ~21%.
Results suggest improving stability in the health insurance sector.
Every major crash since 1996 followed a similar pattern:
S&P500 hits a new high, the yield curve inverts and recovers, the Fed cuts rates, and the market falls.
Dot-com crash, 2008 Financial crisis, Pandemic.
In 2026, the Yield curve has exited a deep inversion, the Fed has been slowly cutting rates.
Is this time different?
S&P500 hits a new high, the yield curve inverts and recovers, the Fed cuts rates, and the market falls.
Dot-com crash, 2008 Financial crisis, Pandemic.
In 2026, the Yield curve has exited a deep inversion, the Fed has been slowly cutting rates.
Is this time different?
❤2
The global payments race isn’t one-dimensional.
Visa leads on scale, with the largest projected revenue base
Mastercard follows as a strong scaled operator
PayPal trails on both growth and size
Circle stands out with hyper-growth, but from a smaller base
Different business models. Different growth paths.
Which one matters more: scale or growth?
Visa leads on scale, with the largest projected revenue base
Mastercard follows as a strong scaled operator
PayPal trails on both growth and size
Circle stands out with hyper-growth, but from a smaller base
Different business models. Different growth paths.
Which one matters more: scale or growth?
Visa reports fastest revenue growth since 2022
Q2 FY26 Net Revenue: $11.2B, +17% YoY
Net Income: $6B, +32% YoY
EPS: $3.31, +20% YoY
The standout - Other Revenue surged 41% YoY due to the firm's expansion in value-added services and its Visa as a Service stack.
The board authorized a $20B buyback.
The stock rallies.
Explore Leverage Shares 2x Long Visa ETP
Q2 FY26 Net Revenue: $11.2B, +17% YoY
Net Income: $6B, +32% YoY
EPS: $3.31, +20% YoY
The standout - Other Revenue surged 41% YoY due to the firm's expansion in value-added services and its Visa as a Service stack.
The board authorized a $20B buyback.
The stock rallies.
Explore Leverage Shares 2x Long Visa ETP