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SPXL·Direxion Daily S&P 500 Bull 3X Shares

$287.66
-9.76 (-3.28%)
After Hours
High
$300.00
Open
$293.74
Net Assets
$6.9B
52W High
—
Low
$284.37
P. Close
$287.66
Expense Ratio
0.84%
52W Low
—
Div. Yield
0.49%
Next Ex-Div
~Dec 22
Category
Trading--Leveraged Equity
Inception
Nov 5, 2008
Technical Score (1D)
73
BULLISH
News Sentiment
56
BULLISH

What's happening to SPXL today?

SPXL (Direxion Daily S&P 500 Bull 3X Shares) is a fund giving 3x daily leveraged exposure to the index it tracks; the items below concern that index or its holdings. On Oct 13, Microsoft (MSFT) closed at a record high, a rally that analysts linked to expectations that its Azure cloud platform and Copilot AI tools would lift revenue and deepen customer adoption of its cloud services. On the same day, MSFT disclosed that it had secured more than $130 billion in new data‑center leases during the quarter, raising its total uncommitted lease commitments to $329.1 billion from $196.6 billion; the leases were said to underpin long‑term growth in AI‑driven workloads and cloud offerings. Also on Oct 13, MSFT announced the creation of Xbox Labs, a new group dedicated to prototyping emerging gaming technologies and sharing tools with external developers, a move described as a strategic focus on innovation rather than an immediate revenue impact. On Oct 13, Meta (META) shares were among the top buyers in a day when the broader market slipped, helping lift technology sector futures ahead of the upcoming CPI inflation report. On the same day, Truist raised its price target for META to $1,000 from $763, citing the potential of the company’s new AI model, Muse Wonder, to strengthen Meta’s competitive position in the AI‑driven tech landscape. Earlier, on Oct 12, ARK Invest sold 4,520 META shares worth about $3.4 million after Meta announced its Muse Wonder AI models, which can browse the web, generate images, and complete multi‑step tasks, a move that signaled caution about the short‑term value of the new AI initiatives. On Oct 13, Amazon (AMZN) was featured in Fox News commentary where 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; the same day, 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. Both pieces were purely opinionated commentary and did not disclose any direct impact on Amazon’s financials or operations.