direxion

Up until earlier Wednesday morning, bullish investors had every reason for fueled optimism. Yesterday, big-box retailing giant Walmart Inc (NYSE:WMT) delivered strong third-quarter results, posting adjusted earnings per share of 58 cents. This easily eclipsed analysts' consensus view of 53 cents....

Following the election of Donald J. Trump to a second non-consecutive term, global capital markets have generally responded well to the news. However, one of the strongest beneficiaries of this electoral boost has been the cryptocurrency sector. With the total valuation of the digital asset...

Former President Donald J. Trump recently addressed his supporters, declaring victory in the contentious 2024 election. While several major networks had yet to call the race in the wee hours of Wednesday morning, Trump won key battleground states, including pivotal Pennsylvania. With its 19...

All eyes are focused on the upcoming U.S. presidential election, with several indicators suggesting a tight race between Vice President Kamala Harris and former President Donald J. Trump. However, a shocking poll result in Iowa may have significant implications for the race and thus for the broader...

While apprehensiveness ahead of the third-quarter earnings season permeated the air, the U.S. regional banking sector has proven doubters wrong, at least according to JPMorgan Chase analyst Anthony Elian. With small-to-middle-capitalization banks posting better-than-expected financial results, the...

Precious metals barometer SPDR Gold Trust (NYSE:GLD) — an exchange-traded fund that tracks the price of physical gold — recently raised eyebrows as one of the highlights in Benzinga's unusual options activity screener. However, the sentiment clocked in as "bearish," running counter to the current...

An unintentional disclosure by semiconductor equipment specialist ASML Holding N.V. (NASDAQ:ASML) penalized the broader technology sector, with the benchmark Nasdaq index losing 1% on Tuesday. Unfortunately, ASML accidentally released its third-quarter earnings report a day early, causing a ripple...

Although technology juggernaut Nvidia Corp (NASDAQ:NVDA) invariably commands the spotlight for all things AI-related, traders may first look to chip foundry Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) for clues regarding sentiment for the broader innovation ecosystem. That's mainly...

Technology juggernaut Alphabet Inc (NASDAQ:GOOGL) (NASDAQ:GOOG) has been on the move, gaining over 5% in the trailing month. Some of the enthusiasm can be attributed to the rising demand for artificial intelligence. Recently, Benzinga Neuro mentioned that Sir Demis Hassabis, head of the company's...

Nvidia Corp (NASDAQ:NVDA) has been in the news lately. However, it was not for what it did but for what it didn't do. Unlike prior sessions when the technology juggernaut – whose advanced graphics processors are critical for artificial intelligence – seemingly enjoyed no upside limits, NVDA stock...

Amazon.com, Inc. (NASDAQ:AMZN) helped enliven an otherwise flat session on Wall Street Tuesday. Shares of the e-commerce and technology juggernaut moved up slightly over 1% in late afternoon trading. Driving the push forward for AMZN stock was news of the underlying enterprise announcing a...

NVIDIA Corp. (NASDAQ:NVDA) and Advanced Micro Devices, Inc. (NASDAQ:AMD) – both heavyweights in the realm of artificial intelligence – saw their market value rise significantly during the midweek session. NVDA stock jumped just over 8% against Tuesday's close, while AMD came shy of hitting 5% up....

Big oil giants Chevron Corp (NYSE:CVX) and Exxon Mobil Corp (NYSE:XOM) moved up slightly in the pre-market session Monday in a bid to recover from last week's losses. Both enterprises – particularly the former – suffered heavy losses following concerns about the economy. Anxieties only became more...

Gold has historically been considered the archetypal safe-haven asset – and safety appears to be a hot commodity these days. While the Federal Reserve has seen encouraging progress in the fight against inflation, key elements such as housing costs remain a burden on many American families. As such...

Nvidia Corp (NASDAQ:NVDA) is set to release its much-anticipated earnings report for the fiscal second quarter of 2025 tomorrow after the closing bell. While analysts are largely bullish on NVDA stock, enough questions have sprouted to lay the groundwork for a tug-of-war. As such, nimble traders...