Movement Alert|Direxion Daily Technology Bull 3X Shares Rises 5.14% in After-Hours Trading, NVIDIA Q2 Earnings Beat Expectations Boosting Tech Sector

Market Focus
7 hours ago

On August 27, Direxion Daily Technology Bull 3X Shares rose 5.14% in after-hours trading, trading at $202.61/share, with turnover of $2.1681 million.

On the news front, NVIDIA released its FY2027 Q2 earnings report after hours, delivering results that significantly exceeded market expectations and lifting the broader technology sector. Specifically, NVIDIA reported revenue of $96.2 billion, up 106% year-over-year and above the consensus estimate of $92.38 billion. Adjusted earnings per share came in at $2.22, representing 120% year-over-year growth. Data center revenue reached $89 billion, driven by strong volume ramp of Blackwell Ultra infrastructure. NVIDIA shares rose over 5% in after-hours trading.

As a triple-leveraged ETF tracking the technology sector index, Direxion Daily Technology Bull 3X Shares amplified the underlying index rebound through its 3X daily leverage mechanism. The fund invests at least 80% of its net assets in financial instruments including swap agreements, index securities, and ETFs that provide 3X daily leveraged exposure to a domestic technology sector index. It is non-diversified.

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