Direxion Daily Semiconductor Bear 3X Shares (SOXS) Dividend History

Company News

• Semiconductor Stocks Pop After Fed Meeting And Strong Numbers From This Chip-Maker

  Semiconductor stocks were up on Thursday after largely having slipped this last month. Nvidia (NASDAQ:NVDA) was up over 2.0% at the time of writing. Advanced Micro Devices (NASDAQ:AMD) was up over 0.5%. Taiwan Semiconductor (NYSE:TSM) was up 0.2%. The lone drop came from Intel (NASDAQ:INTC), which shed 0.15%. Fed Decision The moves came in large part due to relief at the news that the Federal Open Market Committee (FOMC) did not intend to raise rates and is still open to lowering them before the year is out. This was mostly expected, but some feared that disappointing inflation numbers would lead the FOMC to raise rates or indicate there was little hope of any reduction in the near ...Full story available on Benzinga.com

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• 5 Best Inverse-Leveraged ETFs of Last Week

  Last week witnessed the largest collective loss for the "Magnificent Seven" technology-related stocks, with a total of $950 billion erased from their market capitalizations.

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• Taiwan Semiconductor Dips After Xi Jinping Calls For Mobilization Of 'Patriots' In Taiwan, But Sentiment Remains Strong

  Rhetoric from the CCP has reached a new pitch as President Xi Jinping calls on "all patriots from home and abroad, in and out of Taiwan" to increase opposition to independence for the disputed nation. This comes only a few days after "peaceful" was dropped from the phrase "peaceful reunification" in an official Chinese budget report that outlines a more than 7% boost to military spending. "Peaceful" has always been used when speaking about reunification and many found its absence conspicuous. Led by Asia's 2nd largest company, Taiwan Semiconductor (NYSE:TSM), Taiwan is the world leader in the manufacturing of the chips critical to, amongst many other applications, AI. The increasing geopolitical tension has made some investors wary, TSM dipped close to 1.5% after Xi's remarks. Most investors, however, remain bullish.  TSMC has been on ...Full story available on Benzinga.com

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• SOXL Soars Toward New Highs: NVIDIA And AMD Fuel Semiconductor Sector Rally

  Direxion Daily Semiconductor Bull 3X Shares (ARCA: SOXL) was surging over 7% on Thursday, looking to print a higher high to confirm its uptrend remains intact. The semiconductor sector has been experiencing a bull cycle, with NVIDIA Corporation (NASDAQ: NVDA) flying in blue skies amid the company making a consistent series of new all-time highs in response to beating quarterly earnings estimates again. Advanced Micro Devices, Inc (NASDAQ: AMD) was pushing higher into blue skies, propelled by positive sentiment in the sector. SOXL is a triple-leveraged fund that consists of a variety of stocks in the semiconductor sector. AMD makes up 8.67% of the fund, while Nvidia is weighted at 7.54%. Read Next: EXCLUSIVE: Magnificent 7 Takes Center Stage In Roundhill's Expanded ETF Lineup With Inverse And Leveraged Options Trending: Apple’s Abandoned EV Project Almost Used Siri As The ...Full story available on Benzinga.com

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• Nvidia Stock Dives Ahead Of Q4 Print, Drags Direxion SOXL ETF Toward Breaking Point: A Technical Analysis

  Direxion Daily Semiconductor Bull 3X Shares (ARCA: SOXL) was diving over 7% lower Tuesday, in tandem with the general market, which saw the S&P 500 gap down to trade about 0.5% under Friday’s closing price after inflation data released last week for January remained high. The semiconductor sector has been experiencing a bull cycle, with NVIDIA Corporation (NASDAQ: NVDA) making a series of new all-time highs amid continued interest in the company’s grasp on artificial intelligence. On Tuesday, Nvidia was dropping about 6%, suggesting the double top pattern the stock printed at the $746.11 mark on Feb. 12 and Friday was recognized. SOXL is a triple-leveraged fund that consists of a variety of stocks in the semiconductor sector. Advanced Micro Devices, Inc (NASDAQ: AMD) makes up 8.67% of the fund, while Nvidia is weighted at 7.54%. Read Next: Meta, Amazon, And ...Full story available on Benzinga.com

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