Movement Alert|Direxion Daily Technology Bull 3X Shares Rises 5.95% in Regular Trading, NVIDIA Q2 Earnings Beat Lifts Tech Sector

Market Focus
Aug 27

On August 27, Direxion Daily Technology Bull 3X Shares rose 5.95% in regular trading, trading at $203.56/share, with turnover of $15.775 million.

On the news front, NVIDIA released its fiscal year 2027 Q2 earnings report after hours the previous session: revenue came in at $96.2 billion, up 106% year-over-year, exceeding the market consensus estimate of $92.38 billion; adjusted earnings per share reached $2.22, up 120% year-over-year; data center revenue hit $89 billion, driven by robust Blackwell Ultra infrastructure deployment. NVIDIA surged over 5% in after-hours trading, propelling the broader technology sector higher. As a 3x leveraged ETF tracking the technology index, TECL's structural leverage mechanism amplified the underlying index gains into the current session.

The fund invests at least 80% of its net assets in financial instruments such as swap agreements, securities of the index, and ETFs that track the index, providing 3X daily leveraged exposure to a domestic technology sector index. It is non-diversified.

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