Direxion Daily AAPL Bull 1.5X Shares (AAPU)

Apple held its “Awe Dropping” event on Tuesday, showcasing its upcoming products that included the new iPhone 17.

Apple Inc. (Ticker: AAPL) is having a rare off-year, down roughly 20% year-to-date as questions swirl around its innovation pipeline, product execution, and ability to compete in the generative AI race. But the tech titan isn't standing still.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Following Meta and Microsoft, the earnings bonanza continued for the market's biggest players, with Apple and Amazon next on the docket. Both beat out Wall Street estimates, sloughing off any notion that tariffs could negatively impact their final Q2 results.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

If you're going to be part of the Magnificent Seven, you better do something that's, well

As seasoned investors already know, the 24-hour news cycle can change markets quickly and swiftly. After weathering the tariff tantrum storm, downtrodden Magnificent Seven stocks are starting to look magnificent again thanks to U.S.-China trade deal news, but caution is always warranted.

A peek into Berkshire Hathaway's top holdings reveals that Warren Buffett certainly has a liking for Apple's stock, comprising just over a quarter of its portfolio. It's easy to see why.

Despite initial fears surrounding tariffs and their effects on artificial intelligence stocks, the sell-off in early April hasn't been an unraveling of the AI trade. Subsequent Q1 earnings reports have been largely favorable.

Before the start of 2025, AI stocks were soaring en route to resuming their rally. Things have obviously changed given a pair of Direxion leveraged/inverse ETFs switching spots.

Major indexes in the stock market have been upended by tariff news as of late. Tech has been taking the brunt of the blow as the Nasdaq-100 has been sliding since mid-February.

With plenty of market uncertainty to go around, equities have been mostly in the red the past month. However, for opportunistic traders, this could mean a red tag sale for names in the Magnificent Seven.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

In China, local rivals have dethroned Apple as the top-selling smartphone manufacturer, according to Reuters. Apple has been atop the smartphone sales list in China since 2016.

With 2025 in full swing, the first months of the new year will begin with a spate of earnings from companies that occupy a significant portion of the S&P 500, namely tech. That said, Direxion has a suite of single-stock exchange-traded funds (ETFs) to watch.

With uncertainty swirling around overconcentration in mega-cap tech companies, investors are closely monitoring quarterly earnings.  Yesterday, both Apple and Amazon released their quarterly earnings.