3x leveraged fund goes to zero; investors lose everything

TheStreetWednesday, October 15, 2025 at 1:03:00 PM
3x leveraged fund goes to zero; investors lose everything
A 3x leveraged fund linked to AMD has collapsed, resulting in total losses for investors who bet against the chipmaker. This dramatic turn of events occurred after AMD's stock soared due to a deal with OpenAI, highlighting the risks associated with leveraged products. Such funds are designed to amplify returns, but they can also lead to significant losses, as seen in this case. This situation serves as a cautionary tale for investors about the volatility and potential pitfalls of high-risk investments.
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