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AMZU·Direxion Daily AMZN Bull 2X Shares
$35.27
+0.17 (+0.48%)
After Hours
High
$35.50
Open
$34.04
Net Assets
$343M
52W High
—
Low
$33.50
P. Close
$35.27
Expense Ratio
0.99%
52W Low
—
Div. Yield
2.23%
Next Ex-Div
~Dec 22
Category
Trading--Leveraged Equity
Inception
Sep 6, 2022
Technical Score (1D)
36
BEARISH
News Sentiment
52
MIXED
What's happening to AMZU today?
AMZU (Direxion Daily AMZN Bull 2X Shares) is a fund giving 2x daily leveraged exposure to Amazon.com Inc (AMZN). On Oct 14, Fox News host Charles Gasparino defended Jeff Bezos and argued that the U.S. tax system should reward entrepreneurial risk‑taking, citing Bezos’ remarks about business success. He framed a shift toward free‑market principles as a response to political criticism of wealthy leaders, suggesting a move toward Reagan‑style policies. On the same day, Jeff Bezos appeared on Fox News to discuss his space venture Blue Origin, revealing a $28 billion personal stake and a recent $10 billion external raise aimed at building lunar infrastructure. He also advised retirees to favor the S&P 500 over speculative AI stocks, reflecting uncertainty about current industrial bubbles. Both pieces were purely opinionated commentary and did not disclose any direct impact on Amazon’s financials or operations. The commentary highlighted Bezos’ cautious stance on high‑growth tech while pursuing ambitious space goals, and Gasparino’s call for tax reforms to encourage risk‑taking.
