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Direxion Launches META Single Stock Leveraged and Inverse ETFs

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5 months ago

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–News Direct–

Following their recent success with Single Stock Leveraged and Inverse ETFs, Direxion, a leading provider of tradeable and thematic ETFs, today announced the launch of an additional pair, which allow active traders to obtain magnified, or inverse, exposure to the daily performance of the common stock of Meta Platforms, Inc. through either the Direxion Daily META Bull 2X Shares (Ticker: METU) or Direxion Daily META Bear 1X Shares (Ticker: METD).

Although Meta has been around for over two decades, the company continues to evolve and innovate, cementing itself as a lasting leader in the tech space, said Direxion Managing Director, Edward Egilinsky. But thats not without periods of short-term ebbs and flows, of which traders seek to take advantage.

Offering ground-breaking products built for active traders, Direxions pairs of Single Stock Leveraged and Inverse ETFs are meant to be used for short-term trading purposes. These ETFs should not be viewed as buy and hold investments, but rather trading tools for traders with a high-risk tolerance. In addition, unlike traditional ETFs, or even other levered and/or inverse ETFs, these ETFs track the price of a single stock rather than an index, eliminating the benefits of diversification.

"With the launch of METU and METD, Direxion is the only provider to offer Single Stock ETF pairs for all of the Magnificent Seven, Egilinsky added. Traders may respond tactically to headline news, earnings reports, and market sentiment for the Magnificent Seven on an individual basis via our Single Stock suite, or collectively with our recently launched QQQU and QQQD, which provide exposure to a concentrated basket of the seven companies.

All Direxion leveraged and inverse ETFs are intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions. There is no guarantee these ETFs will meet their objective. Please visit the Direxion Leveraged and Inverse ETF Education Center, where you will find educational brochures, videos, and a self-paced online course to help you understand if leveraged ETFs are right for you.

About Direxion:

Direxion equips investors who are driven by conviction with ETF solutions built for purpose and fine-tuned for precision. These solutions are available for a broad spectrum of investors, whether executing short-term tactical trades, or investing in thematic strategies. Direxions reputation is founded on developing products that precisely express market perspectives and allow investors to manage their risk exposure. Founded in 1997, the company has approximately $42.3 billion in assets under management as of March 31, 2024. For more information, please visit www.direxion.com.

There is no guarantee that the Funds will achieve their investment objectives.

For more information on all Direxion Shares ETFs, go to www.direxion.com, or call us at 866.301.9214.

An investor should carefully consider a Funds investment objective, risks, charges, and expenses before investing. A Funds prospectus and summary prospectus contain this and other information about the Direxion Shares. To obtain a prospectus and summary prospectus call 866-476-7523 or visit our website at direxion.com. A Funds prospectus and summary prospectus should be read carefully before investing.

Investing in the funds involves a high degree of risk. Unlike traditional ETFs, or even other leveraged and/or inverse ETFs, these leveraged and/or inverse single stock ETFs track the price of a single stock rather than an index, eliminating the benefits of diversification. Leveraged and inverse ETFs pursue daily leveraged investment objectives, which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying stocks performance over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments. The Funds will lose money if the underlying stocks performance is flat, and it is possible that the Bull Fund will lose money even if the underlying stocks performance increases, and the Bear Fund will lose money even if the underlying stocks performance decreases, over a period longer than a single day. An investor could lose the full principal value of his or her investment in a single day. Investing in the Funds is not the same as investing directly in META.

Technology Sector Risk The market prices of technology related securities tend to exhibit a greater degree of market risk and sharp price fluctuations than other types of securities. These securities may fall in and out of favor with investors rapidly, which may cause sudden selling and dramatically lower market prices. Technology securities may be affected by intense competition, obsolescence of existing technology, general economic conditions and government regulation and may have limited product lines, markets, financial resources, or personnel.

Meta Platforms, Inc. Investing Risk Meta Platforms, Inc. is subject to a number of risks related to: its product offerings; business operations and financial results; government regulation and enforcement; the ability to collect and use consumer data; data, security and intellectual property; and the dual class structure of the companys common stock, which limits the ability of shareholders to influence corporate matters.

Direxion Shares Risks An investment in each Fund involves risk, including the possible loss of principal. Each Fund is non-diversified and includes risks associated with a Fund concentrating its investments in a particular security, industry, sector, or geographic region which can result in increased volatility. A Fund's investments in derivatives such as futures contracts and swaps may pose risks in addition to, and greater than, those associated with directly investing in securities or other investments, including imperfect correlations with underlying investments or the Fund's other portfolio holdings, higher price volatility and lack of availability. As a result, the value of an investment in a Fund may change quickly and without warning. Risks of the Funds include Effects of Compounding and Market Volatility Risk, Derivatives Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Market Risk, Industry Concentration Risk, Cash Transaction Risk, Indirect Investment Risk, and risks specific to the technology sector and internet company industry. Additional risks include, for the Direxion Daily META Bull 2X Shares, Leverage Risk and Daily Correlation Risk, and for the Direxion Daily META Bear 1X Shares, Shorting or Inverse Risk as well as Daily Inverse Correlation Risk. Please see the summary and full prospectuses for a more complete description of these and other risks of the Funds.

Distributor: Foreside Fund Services, LLC.

Contact Details

Ditto Public Relations

Danielle Black, SAE

direxion@dittopr.co

Company Website

https://www.direxion.com/

View source version on newsdirect.com: https://newsdirect.com/news/direxion-launches-meta-single-stock-leveraged-and-inverse-etfs-772354307

Direxion

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Press Release

Beavod Announces Innovative Airdrop Mechanism on Telegram

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1 hour ago

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October 23, 2024

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Beavod, a blockchain gaming platform, has launched a new airdrop mechanism on Telegram that encourages users to collect WOOD tokens by completing weekly tasks. The WOOD tokens accumulated will influence the VOD token rewards distributed the following week, promoting ongoing participation and engagement. The platform continues to expand its game offerings and integrate new features like NFTs to enhance the user experience. Beavod also has plans for global expansion and listing its VOD token on major exchanges to increase its liquidity and market value.

Wood to Wealth
Expanding Opportunities in Blockchain Gaming

Beavod, a blockchain gaming platform, has announced the launch of a new airdrop mechanism aimed at enhancing user engagement through simple weekly activities. This new initiative will be rolled out on Telegram, where participants can collect WOOD tokens by completing specific tasks. WOOD, the platform’s core resource, will play a key role in determining the distribution of VOD tokens, offering rewards based on user participation.

New Developments and Airdrop Introduction

Beavod’s latest feature emphasizes its commitment to fostering a dynamic, decentralized gaming environment. The platform’s new airdrop system allows participants to collect WOOD tokens by engaging with the platform’s weekly activities. This initiative aligns with Beavod’s broader goal of making blockchain technology more accessible to a wider audience while ensuring that active users are rewarded for their contributions.

This WOOD-to-VOD reward structure reflects Beavod’s mission to build a sustainable and transparent ecosystem for its growing community. The more WOOD tokens a player collects within a given week, the more VOD tokens they will receive the following week, highlighting the platform’s focus on activity-driven rewards.

Key Features of the Airdrop Mechanism

  • Weekly Participation: The airdrop mechanism encourages users to take part in weekly tasks, including watching ads or completing in-game objectives, to collect WOOD tokens.
  • WOOD-to-VOD System: The amount of WOOD tokens collected each week will directly influence the quantity of VOD tokens distributed in the subsequent week, creating a structured and predictable reward process.
  • Fair and Transparent Distribution: Utilizing decentralized blockchain technology, the airdrop ensures that all rewards are distributed in a fully traceable and fair manner.

Platform Growth and Future Plans

Beavod continues to expand its game library with the introduction of 2-3 new titles each month, offering users a diverse range of gaming experiences. Future updates include the integration of NFT functionality, allowing players to acquire and trade unique in-game assets, further enriching Beavod’s ecosystem.

The WOOD token, which serves as the platform’s core resource, is designed to encourage regular engagement, while the VOD token distribution will provide users with additional opportunities within the Beavod ecosystem. These developments reflect Beavod’s dedication to continually improving the platform and offering users new opportunities to engage with blockchain technology.

Global Expansion and Long-Term Vision

Beavod’s long-term strategy includes expanding its reach across international markets through community engagement programs and enhanced language support. Over the next two years, Beavod plans to list the VOD token on major exchanges, which will increase its liquidity and value, helping to position Beavod as a leader in the blockchain gaming space.

About Beavod

Beavod is a blockchain-based gaming platform focused on creating a decentralized and sustainable ecosystem. The platform integrates blockchain technology with an ever-growing library of games to offer users a seamless and engaging experience.

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Media Contact

Organization: Beavod ltd

Contact Person: BeaverASK

Website: https://www.beavod.world/

Email: Send Email

Country: Singapore

Release Id: 23102418804

The post Beavod Announces Innovative Airdrop Mechanism on Telegram appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

Eagle Likes Launches Cutting-Edge Social Media Growth Services to Boost Online Visibility for Content Creators and Businesses

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1 hour ago

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October 23, 2024

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United States, 23rd Oct 2024 – In today’s fast-paced digital world, a robust social media presence is crucial for businesses, influencers, and content creators aiming to make a significant impact. Eagle Likes, a premier social media engagement service provider, is proud to offer a suite of comprehensive solutions to boost visibility, credibility, and audience interaction across leading social platforms. With a focus on organic growth, Eagle Likes provides services tailored to the needs of individuals and businesses alike.

Comprehensive Social Media Solutions

Eagle Likes understands the power of numbers in the social media ecosystem. Whether you’re aiming to increase your follower count, amplify post engagement, or expand your reach, Eagle Likes offers customized solutions that cater to various platforms. By leveraging our services, clients can enhance their social proof and credibility, enabling them to connect with a broader, more engaged audience.

Our services span across multiple social platforms, including:

  • YouTube: Boost your channel’s performance with our services for YouTube subscribers, YouTube views, YouTube likes, and YouTube watch time.
  • Instagram: Increase your Instagram followers, Instagram likes, and Instagram views to ensure your content gets the attention it deserves.
  • TikTok: Maximize your TikTok presence with TikTok followers, TikTok likes, TikTok views, and even TikTok shares, ensuring your videos go viral.
  • Facebook: From Facebook page likes to post interactions and video views, our Facebook services help grow your community and drive engagement.
  • Twitter: Elevate your Twitter game with services for Twitter followers, Twitter retweets, Twitter likes, Twitter views, and Twitter impressions.

Eagle Likes prides itself on offering real, high-quality social media engagement that fosters long-term growth and genuine connections with your audience.

Visit EagleLikes today to explore our full range of services.

Why Choose Eagle Likes?

  1. High-Quality Engagement: Eagle Likes guarantees that all interactions—whether likes, followers, or views—come from real users, ensuring authenticity and credibility.
  2. Platform Diversity: With services tailored for YouTube, Instagram, TikTok, Facebook, and Twitter, we cater to the unique requirements of different social platforms.
  3. Results-Driven Approach: Whether you’re a content creator looking to grow your following or a business aiming to increase brand visibility, our services are designed to deliver measurable, impactful results.
  4. Quick Delivery: Eagle Likes ensures that results are delivered in a timely manner without compromising on quality.
  5. Safe & Secure: We take your privacy and security seriously, offering services that comply with the guidelines of each social media platform.

How It Works

Getting started with Eagle Likes is simple. Visit https://www.eaglelikes.com and choose the social media platform you want to grow. Select the desired service, whether it’s YouTube watch time, Instagram followers, TikTok shares, or any of our other offerings. Our team will start delivering the engagement you need promptly, allowing you to focus on creating great content while we handle the growth.

About Eagle Likes

Eagle Likes is a UK-based social media engagement company, committed to providing tailored growth solutions for content creators, influencers, and businesses across the globe. Our mission is to help our clients enhance their digital presence with services that drive genuine audience engagement, boost visibility, and increase credibility.

Media Contact

Organization: Acentra Health

Contact Person: Ponnarasan Krishnan

Website: https://scholar.google.com/citations?hl=en&user=V8hc5RoAAAAJ

Email: Send Email

Country: United States

Release Id: 23102418805

The post Eagle Likes Launches Cutting-Edge Social Media Growth Services to Boost Online Visibility for Content Creators and Businesses appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Press Release

NationalParkShops.com Launches to Promote Awareness of U.S. National Parks

Published

2 hours ago

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October 23, 2024

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USA, 23 Oct, 2024  –NationalParkShops.com has officially launched as an online platform dedicated to enhancing awareness and knowledge of the national parks across the United States. This initiative seeks to provide valuable resources for individuals interested in exploring the diverse landscapes and ecosystems that these protected areas offer.

With the National Park Service overseeing 63 national parks, each showcasing unique natural beauty and cultural significance, NationalParkShops.com is designed to serve as an educational resource for both new visitors and seasoned park-goers. The website features a range of informational content, including travel guides, safety tips, and insights into the ecological importance of national parks.

Educational Resources
The website intends to offer comprehensive guides that cover various aspects of visiting national parks. These guides include detailed information on park accessibility, seasonal considerations, and safety protocols that are essential for ensuring a safe and enjoyable visit. Resources such as packing lists, suggested itineraries, and recommendations for local attractions help visitors navigate the parks effectively, promoting responsible outdoor practices.

Environmental Stewardship
NationalParkShops.com places a strong emphasis on environmental conservation. The platform highlights the importance of preserving natural habitats and promoting sustainable practices among park visitors. Articles on conservation efforts outline initiatives geared towards protecting park ecosystems, while content on wildlife protection raises awareness about the delicate balance of the natural world. The site also discusses the impact of climate change on national parks, striving to educate the public on these pressing issues.

Community Engagement
The initiative encourages community involvement through shared experiences and educational outreach. NationalParkShops.com endeavours to foster a space for dialogue among nature enthusiasts, creating a network of individuals dedicated to understanding and protecting national park environments. Users can engage with the platform by sharing their park experiences, travel tips, and photos, contributing to a vibrant community focused on the appreciation of nature.

Products Available
In addition to providing educational resources, NationalParkShops.com offers a variety of products that celebrate the beauty of national parks. Visitors can find a selection of T-shirts, hoodies, mugs, stickers, and more, all featuring unique designs inspired by the stunning landscapes of the parks. These items serve as reminders of the importance of conservation and allow individuals to express their love for nature while supporting awareness initiatives.

Future Initiatives
In the coming months, NationalParkShops.com plans to collaborate with various conservation organizations and educational institutions to further its mission of raising awareness about the significance of national parks. This includes potential partnerships for community events, educational programs, and volunteer opportunities focused on environmental stewardship. Additionally, the site will host webinars and workshops featuring experts in conservation and outdoor recreation, providing users with opportunities to expand their understanding of the natural world.

For more information about NationalParkShops.com and its initiatives, please visit www.nationalparkshops.com .

About NationalParkShops.com
NationalParkShops.com is committed to providing information and resources related to the national parks of the United States. The platform serves as a hub for education and awareness, intending to engage individuals in discussions about the ecological and cultural significance of these protected areas. The website’s commitment to sustainability and conservation is reflected in its content, encouraging visitors to adopt environmentally friendly practices during their park visits.

Media Contact

Organization: NationalParkShops.com

Contact Person: Hong Hau Nguyen

Website: http://www.nationalparkshops.com/

Email: Send Email

Country: United States

Release Id: 23102418878

The post NationalParkShops.com Launches to Promote Awareness of U.S. National Parks appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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