Direxion Daily Semiconductor Bear 3X Shares is a fund that aims to provide investment results that correspond to three times the inverse (-3x) of the daily performance of the NYSE Semiconductor Index. Managed by Rafferty Asset Management, it primarily invests in the U.S. equity markets, focusing on the technology sector, especially semiconductors. The fund uses derivatives like futures and swaps to achieve its goals, targeting both growth and value stocks across various market capitalizations.
A Korean brokerage downgrade lit a fuse under chip stocks Monday, sending a controversial leveraged ETF surging while NVIDIA, AMD, and Broadcom shed billions in market cap. Here is what connected those…
A Chinese memory chip company just raised a war chest nearly double what Wall Street expected, and it sent shockwaves through a semiconductor sector that has been one of the biggest winners…
Dell Technologies (NYSE:DELL | DELL Price Prediction) stock is up 6% in midday trading Monday, running to about $419 after a broad bid returned to AI infrastructure names to open the week.…
The semiconductor rally has continued to act as a trader’s playground. In a recent comment on X, Eric Balchunas, a senior ETF analyst, remarked on a snapshot of his that half of…
The S&P 500 (^GSPC) punched to a fresh record Wednesday, with the broader market index now perched above 7,300. With a 7.6% YTD gain in the S&P 500 (^GSPC), bulls are back…
Direxion Daily Semiconductor Bear 3X Shares (NYSEARCA:SOXS) has shed nearly 38% since the start of 2026, even as the semiconductor sector has climbed. That gap tells you almost everything about why holding…
Direxion Daily Semiconductor Bear 3x Shares (NYSEARCA:SOXS) offers a contrarian bet against the AI boom, delivering three times the inverse daily performance of semiconductor stocks. While the ETF has attracted attention for…
