Direxion Daily CSCO Bear 1X ETF

CSCS

Market cap $1.69M

Shares of Cisco Systems (CSCO) rallied Thursday after the networking gear maker delivered April-quarter results that beat Wall Street estimates. More importantly, the technology company boosted its 2026 guidance, due in part to strength in artificial intelligence (AI) orders.

There are trends and then there are megatrends. The latter has the potential for earth-shattering upside.

On Wednesday, Direxion expanded its lineup of Leveraged & Inverse ETFs with the release of four new funds.  Two of the new funds focus on the daily stock performance of Cisco (CSCO).