MOON News and Press, Direxion Moonshot Innovators From 06/21/23

2023-06-21 13:30:00 ET Summary What gives us confidence in a 2H23 tech recovery. 1Q23 earnings takeaways: hardware bottomed, software to follow. As we get into 2H23, comps get significantly easier. What gives us confidence in a 2H recovery A downturn follows a ty...

VANCOUVER, British Columbia, June 15, 2023 (GLOBE NEWSWIRE) -- Blue Moon Metals Inc. (TSXV: MOON; OTCQB: BMOOF) (the “ Company ”) announces it has closed a non-brokered private placement offering of common shares for proceeds of $500,240. The financing was priced at $0.065 per c...

2023-06-14 13:26:48 ET Summary ARKF typically selects 35-55 global FinTech stocks that have the potential to disrupt the Financial Services sector. Up 43% YTD, ARKF now manages over $900 million in assets. However, investors shouldn't push their luck. ARKF is the fourth-worst ETF ...

2023-05-27 05:49:36 ET Summary Basically, this is the very news that the tech industry had hoped for after seeing steep  drops in valuations for some firms. 'US equities are being powered by the bet on AI because of high exposure to tech mega-caps,' says Bloomberg of Citibank...

2023-05-27 02:25:00 ET Summary The US stock market is having itself a pretty decent year so far in 2023, all things considered. This week we focus on another unusual characteristic of the stock market – the extreme narrowness of outperformance, dominated almost exclusively ...

2023-05-26 22:14:00 ET Summary The S&P 500 has been closing in on new 52-week highs as the index gains another 1.3% heading into the long weekend. Indicating what has broadly been mediocre breadth at best, the only two sectors with relative strength lines that are currently mo...

2023-05-25 01:30:00 ET Summary Leading economic indicators (LEIs) are still pointing to a likely recession in the US. You wouldn't know it by the behavior of the stock market, however, given the massive bull run in tech stocks so far this year. Unfortunately, the majority of c...

2023-05-16 17:03:00 ET Summary The latest tech earnings: better than feared. The shift by big tech to AI and what it means for the sector. AI has already started impacting jobs at tech firms. The big tech names have outperformed expectations this year, and th...

2023-05-16 14:35:00 ET Summary Both the Consumer Price Index and Producer Price Index data for April confirmed that the strong but lumpy disinflationary trend continues. The US is now at a point where the Fed funds rate exceeds inflation. Historically that has signaled the end of ...

2023-05-15 12:12:17 ET Summary ARKX invests in companies focused on space exploration and innovation. Many profitable opportunities within the fields of research and tourism may reside in space and could well position this ETF for long-term profits. Space operations are quite ...