Direxion, a leading provider of tradeable ETFs, has announced the launch of four new single stock leveraged and inverse ETFs focused on semiconductor companies Broadcom Inc. and Micron Technologies Inc. This expansion builds on Direxion’s… Article Source https://www.citybuzz.co/2024/10/10/direxion-expands-semiconductor-etf-offerings-with-new-broadcom-and-micron-funds/
Direxion Grows Semiconductor ETF Suite With Broadcom, Micron etf.com Article Source https://www.etf.com/sections/news/direxion-grows-semiconductor-etf-suite-broadcom-micron
Direxion has expanded its suite of semiconductor-focused single stock ETFs, unveiling four new funds tracking Broadcom and Micron Technologies, the issuer announced Thursday. The Direxion Daily AVGO Bull 2X Shares (AVL), Direxion Daily AVGO Bear… Article Source https://www.tradingview.com/news/etfcom:7653b8307094b:0-direxion-grows-semiconductor-etf-suite-with-broadcom-micron/
:max_bytes(150000):strip_icc()/MarketBlogImage-final-6ac06c7b9250446a8e86c566b11e02e1.png?w=1500&resize=1500,1013&ssl=1 "Stocks on the Dow Jones Index Rise While Micron and Nvidia Experience Decline")
International Paper saw a drop in stock prices as Brazil’s Suzano withdrew from a takeover deal. The Federal Reserve’s stress test results may impact banking investors’ ability to return capital. Walgreens shares hit a 27-year low due to lack of profits. Micron faced a post-earnings drop impacting its stock prices. Stocks like McCormick & Company … Read more
Shares of Micron Technology, a key player in the semiconductor industry, dropped on Thursday, impacting other chip stocks as well. This decline suggests that the expectations for chip stocks in the artificial intelligence sector have increased significantly. Micron’s shares fell by 3.7% in early trading despite having doubled in value over the past year. Similarly, … Read more
Stock futures dropped on Thursday following disappointing earnings guidance from Micron Technology, as investors awaited data on jobless claims, durable goods orders, GDP, and more. Micron’s adjusted earnings and revenue for the fiscal third quarter exceeded analyst expectations, but the stock fell due to revenue guidance for the fourth quarter only meeting estimates. Other chipmakers, … Read more
Goldman Sachs reiterated Micron as a buy following Wednesday’s earnings, seeing the recent dip as an opportunity to add positions. Bernstein maintains Apple as a strong performer due to its AI leadership. Bank of America upgraded Petrobras to buy from neutral due to positive catalysts. Mizuho started Grab Holdings as a buyout with a significant … Read more
U.S. stock futures slipped on Thursday, with technology stocks trailing behind after a recent period of strong performance. The Dow Jones Industrial Average futures dropped by 79 points, or 0.2%, following a small gain the day before. Similarly, S&P 500 futures and Nasdaq contracts both fell by 0.2%. The yield on the 10-year U.S. Treasury … Read more
Wednesday is set to be a busy day for investors as they keep an eye on three major events: Micron Technology (MU) is scheduled to announce its fiscal third quarter results after the market closes; Nvidia (NVDA) will hold its annual shareholders meeting at 12 pm Eastern time; and the Federal Reserve will release the … Read more
US stock futures were mixed on Wednesday, with technology stocks continuing to outperform thanks to a rally in Nvidia shares. The Dow Jones Industrial Average futures were down 0.2%, while S&P 500 futures were down less than 0.1% and Nasdaq futures were up 0.1%. Bond yields saw a slight increase, with the 10-year Treasury bond … Read more