The Latest Breaking News from Direxion

As one of the premier aerospace and defense contractors, Lockheed Martin Corp (NYSE:LMT) represents somewhat of an oddity in the equities arena. Typically, geopolitical tensions aren't conducive to capital growth. For one thing, investors tend to demand higher risk premiums (relative to so-called risk-free assets like U.S. Treasuries), thereby leading…

American equities might be printing new highs, but leveraged ETF flows are suggesting a market that is becoming more tactical rather than euphoric. Edward Egilinsky, managing director and head of Alternative Investments at Direxion ETFs, on Thursday said that in August, there was a move away from vanilla bullish wagers…

Ranking among the world's largest semiconductor companies, Micron Technology Inc (NASDAQ:MU) plays a pivotal role regarding the broader artificial-intelligence machinery. Specifically, Micron specializes in memory and storage chips, primarily DRAM and NAND flash. The former category provides fast, temporary memory for diverse applications such as PCs and AI accelerators, while…

For months, Nvidia Corp (NASDAQ:NVDA) has been Wall Street's undisputed AI darling, but this quarter may mark the first wobble in its flawless run. Despite delivering strong results, the company's softer-than-hoped guidance and growing uncertainty around China exposed what Direxion's Head of Capital Markets Jake Behan called "the first real…

Nvidia’s latest earnings show the AI boom has room to run, but the market reaction may point to a vibe shift in how investors are viewing the wider sector.

Anyone who denies the meteoric ascent of Palantir Technologies Inc. (NASDAQ:PLTR) is simply choosing to ignore the charts. Since making its public market debut in October 2020, the big-data analytics specialist — which serves multiple government and defense-related agencies — has made its mark. At the same time, PLTR stock…

While semiconductor giant Nvidia Corp. (NASDAQ:NVDA) has easily ranked among the elite players in artificial intelligence, the company's upcoming second-quarter earnings report — scheduled for release on Aug. 27 after the closing bell — may arguably be its most consequential so far. As usual, expectations are sky-high thanks to Nvidia's…

As the world's largest pure-play foundry, Taiwan Semiconductor Manufacturing Co. (NYSE:TSM) — often abbreviated as TSMC — plays a critical role in the global semiconductor value chain. Late last year, International Data Corp stated that the company could expand its market share in the foundry industry to 36% by the…

Last week, e-commerce powerhouse Shopify Inc. (NYSE:SHOP) delighted investors with a strong performance with its latest financial disclosure, beating Wall Street analysts' expectations on both the top and bottom lines. Indeed, the report represented one of the most important disclosures from the company due to the broader implications of the…

Amid growing concerns about economic stability and the implementation of President Donald Trump's trade tariffs, investors have been anxious this earnings season. Case in point is semiconductor giant Advanced Micro Devices Inc. (NASDAQ:AMD), which recently disclosed a mixed performance for its financial disclosure. Initially, the results sent AMD stock plunging…

Whether you're watching flash sales or flashpoints, there's now a high-octane ETF for that. Direxion just launched four new single-stock ETFs targeting two very different beasts: e-commerce disruptor Shopify Inc (NASDAQ:SHOP) and defense giant Lockheed Martin Corp (NYSE:LMT). And both are loaded for short-term tactical trading.