Direxion Daily AAPL Bull 2X ETF

AAPU

Market cap $206M

Apple (AAPL) recently delivered results for the March quarter, but the technology giant still has plenty of catalysts that could spark the Direxion Daily AAPL Bull 2X Shares (AAPU).

On Thursday, Apple (AAPL) released its highly-awaited Q2 2026 earnings report. While all mega-cap tech earnings calls are closely watched, this one was especially crucial, considering it came after news that Tim Cook is stepping down as CEO of Apple.

Apple (AAPL), the second-largest U.S. company by market capitalization, made big news on Monday, announcing that CEO Tim Cook is stepping down, effective September 1. He's moving to the role of executive chairman.

Tariffs continue to be the wild card swaying markets, but traders can agree that it clears a pathway for potential ideas. The Supreme Court's landmark ruling that struck down presidential tariff authority could create a high-velocity trading environment—a perfect setup for Direxion's suite of leveraged-inverse ETFs.

Since bottoming in January, shares of Apple (AAPL) are higher by 6% over the past month. This rally is facilitated in part by a strong fourth-quarter earnings report.

Apple held its “Awe Dropping” event on Tuesday, showcasing its upcoming products that included the new iPhone 17.

Apple Inc. (Ticker: AAPL) is having a rare off-year, down roughly 20% year-to-date as questions swirl around its innovation pipeline, product execution, and ability to compete in the generative AI race. But the tech titan isn't standing still.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Following Meta and Microsoft, the earnings bonanza continued for the market's biggest players, with Apple and Amazon next on the docket. Both beat out Wall Street estimates, sloughing off any notion that tariffs could negatively impact their final Q2 results.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.