Direxion Daily PLTR Bull 2X ETF

PLTU

Market cap $376M

It's earnings season, meaning that traders have ideal opportunities to capitalize with leveraged ETFs, particularly those of the single-stock variety. Among the upcoming tentpole reports is Palantir (PLTR), which is slated for Monday, Aug. 3, after the U.S. market closes.

Last week's top articles on ETF Database and ETF Trends were closely connected to current events such as SpaceX's expected IPO and tech stock performance. The most-read article last week was “SpaceX IPO to Boost Aerospace ETFs?

Shares of Palantir (PLTR) surged last Friday as a broader software rally carried the stock to its best intraday performance in 13 months. The stock ended the week higher with a double-digit percentage gain.

Shares of Palantir (PLTR) retreated Tuesday, after the company reported first-quarter results late Monday. Some experts pointed to modest domestic revenue expectations as the likely culprit, but that repudiation may be too harsh.

In the high-velocity environment of equities trading, a heavy dose of volatility equates to plenty of opportunities. The capital markets saw exactly that in the first quarter of 2026, which saw strong demand for Direxion Investments' leveraged-inverse ETF product suite.

Late Monday, Palantir (PLTR) delivered fourth-quarter earnings and the results were good enough to send the stock soaring Tuesday.

Gold mining funds led Direxion's leveraged ETF lineup in 2025, outperforming the firm's semiconductor and AI-focused products, according to ETF Database. The Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) gained 547.3% this year through December 23, while the Direxion Daily Gold Miners Index Bull 2x Shares (NUGT) returned 484.

Gold mining funds led Direxion's leveraged ETF lineup in 2025, outperforming the firm's semiconductor and AI-focused products, according to ETF Database. The Direxion Daily Junior Gold Miners Index Bull 2x Shares (JNUG) gained 547.3% this year through December 23, while the Direxion Daily Gold Miners Index Bull 2x Shares (NUGT) returned 484.

Easily one of the top-performing publicly traded enterprises this year, big data analytics specialist Palantir Technologies Inc. (NASDAQ: PLTR) continues to climb a wall of worries, despite growing anxieties regarding a brewing bubble in artificial intelligence. Since the start of the year, PLTR stock has gained more than 140%, undoubtedly putting a smile on long-term stakeholders' faces.

The fear of lofty valuations not supported by underlying fundamentals induced anxiety into the capital markets during November. That, however, didn't stop inflows into the  Direxion Daily Semiconductor Bull 3X Shares (SOXL).