Global X Russell 2000 ETF (RSSL) has seen unusual trading volume, which is 67× higher than its average daily volume.
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The ETF’s top holding, Bloom Energy, is rallying after announcing a major new supply agreement with American Electric Power for up to 1 gigawatt of fuel cell systems to power AI data centers and other large energy users, prompting analysts to raise ratings and price targets as investors bet on long-term revenue growth. Among other key positions, Credo Technology Group received fresh support from Susquehanna, which reiterated a Buy rating and $200 price target, while Fabrinet saw its price target lifted to $800 at Northland on expectations of continued upside from accelerating AI optical connectivity demand. IonQ also remains in focus after Northland initiated coverage with an Outperform rating and a $55 price target, as the company prepares to report first-quarter 2026 results on May 6 and highlights record quantum performance metrics and growing adoption across major cloud and enterprise customers.