Press Release
Direxion Launches META Single Stock Leveraged and Inverse ETFs
–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
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/direxion-launches-meta-single-stock-leveraged-and-inverse-etfs-772354307
Direxion
COMTEX_453385253/2655/2024-06-05T09:05:26
About Author
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.
Press Release
Bitcoin Royalty: The Rise of King-P Is Published as a Fictional Literary Work
South African author and visionaire Peter Mantu has published Bitcoin Royalty: The Rise of King-P, a fictional narrative that uses a royal kingdom setting to explore leadership, technology, learning, governance, competition, and social responsibility.
Durban, Kwazulu-Natal, South Africa, 30th Sep 2026 — South African author Peter Mantu has announced the publication of Bitcoin Royalty: The Rise of King-P, a fictional literary work that combines storytelling, allegory and technology-themed world-building.

The story follows King-P, a fictional monarch whose journey begins with an encounter with Bitcoin and blockchain technology. As the narrative develops, King-P is confronted with questions surrounding leadership, knowledge, decision-making, collaboration, competition and responsibility.
Rather than presenting itself as a technical manual or factual guide, Bitcoin Royalty: The Rise of King-P uses a fictional kingdom and its characters to introduce readers to concepts associated with the evolving world of digital technology.
“I wanted to create a story that could introduce complex technological themes through characters, dialogue and an imaginative kingdom,” said Peter Mantu, author of Bitcoin Royalty: The Rise of King-P. “At its heart, the book is about learning, leadership, responsibility and the choices people make when confronted with something new.”
A Fictional Journey Through the Kingdom
The book is structured around 12 chapters, following King-P as he encounters different people, challenges and perspectives.
A central feature of the story is the fictional Cryptocurrency Council, a group representing different areas of knowledge and expertise. The council becomes part of King-P’s journey as he seeks to understand the unfamiliar technological landscape introduced into his kingdom.
The narrative incorporates themes including:
- Discovery and learning — King-P’s introduction to Bitcoin, blockchain and emerging technology.
- Leadership — the responsibilities associated with guiding a kingdom through periods of uncertainty and change.
- Knowledge and understanding — the importance of asking questions and seeking different perspectives.
- Collaboration — the role of specialists and advisers in helping the fictional kingdom navigate new challenges.
- Competition — relationships between rival kingdoms and the effect of competing ideas on communities.
- Governance — questions surrounding rules, decision-making and responsibility.
- Innovation and change — the impact of unfamiliar technology on established systems and traditions.
- Trust and responsibility — the relationships between leaders, advisers and members of the fictional kingdom.
The Story’s Major Chapters
The storyline progresses through a series of events that shape King-P’s development as a fictional leader.
The Proclamation introduces King-P’s decision to explore a new technological frontier and establish a direction for his kingdom.
The Quest Begins follows his early encounters with Bitcoin and blockchain concepts as he begins a process of discovery and learning.
The Cryptocurrency Council introduces the group of fictional advisers whose different areas of knowledge contribute to King-P’s understanding of the new technology.
Bitcoin’s Rise and The Bitcoin Battle develop the central conflict of the story, introducing changing circumstances and competing perspectives within the kingdom.
The Great Halving incorporates the concept of Bitcoin’s programmed supply reduction into the fictional storyline.
The Regulatory Challenge introduces questions concerning rules, governance and how institutions respond to technological change.
The Cryptocurrency War expands the fictional world through the introduction of a rival kingdom and its own digital project, RoyalCoin. The storyline uses the rivalry to explore competition, cooperation and public trust.
The Final Push and The Triumph of King-P bring the central narrative toward its conclusion, with the story reflecting on the lessons King-P encounters throughout his journey.
A Story About Technology, Leadership and Responsibility
While Bitcoin and blockchain provide an important backdrop to the narrative, the book’s broader themes extend to leadership, education, innovation, collaboration and social responsibility.
The fictional kingdom allows these themes to be presented through characters and events rather than through a conventional technical or academic format.
The book is intended as a creative work of fiction, with its characters, kingdom and events serving as narrative devices through which readers can explore ideas surrounding technological change and leadership.
From Book to Screen
The world established in Bitcoin Royalty: The Rise of King-P has also created opportunities for further creative development, including discussions around a potential film or screen adaptation.
The project is open to enquiries from producers, production companies and other media professionals interested in exploring the story’s potential for adaptation.
Publication and Availability
Bitcoin Royalty: The Rise of King-P is available online through the following official platforms:
King P Empire — Bitcoin Royalty
About Bitcoin Royalty: The Rise of King-P
Bitcoin Royalty: The Rise of King-P is a fictional narrative by Peter Mantu that combines a royal kingdom setting with themes of technology, leadership, learning, governance, competition and responsibility.
Through the fictional journey of King-P and the characters surrounding him, the book explores how individuals and communities can encounter unfamiliar ideas and technologies and respond to change.
About Bitcoin Royalty
Bitcoin Royalty is the official project identity associated with Bitcoin Royalty: The Rise of King-P. The project provides information about the book and related creative developments through its official website.
Bitcoin Royalty Official Website
Media Contact
Bitcoin Royalty — Peter Mantu
Website: www.bitcoinroyalty.co.za
Phone/WhatsApp: +27 64 981 9285
Email: info@bitcoinroyalty.co.za
Editorial Note
Bitcoin Royalty: The Rise of King-P is presented as a work of fiction. The characters, kingdom, events and narrative circumstances are part of the creative story. The publication is not presented as financial, investment, legal or tax advice.
Media Contact
Organization: Bitcoin Royalty
Contact Person: Peter Mantu
Website: https://bitcoinroyalty.co.za/
Email: Send Email
Contact Number: +27649819285
Address: Unit 14, 25 Speedwell Rd
Address 2: Morningside, Berea
City: Durban
State: Kwazulu-Natal
Country: South Africa
Release id: 49546
The post Bitcoin Royalty: The Rise of King-P Is Published as a Fictional Literary Work appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
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.
Press Release
Steven Mwakalebela Assets Limited SMA Details Cross-Market Research Perspectives for Regional Capital Markets
Steven Mwakalebela Assets Limited (SMA) describes a cross-market research approach that relates London and New York market analysis to regional capital markets and domestic equity exchanges
Dar es Salaam, Africa, Tanzania, 30th Sep 2026 – Steven Mwakalebela Assets Limited (SMA), an independent capital markets research and education organization, has described how its published work connects global market research with analysis of regional capital markets. The approach is associated with Founder, Chairman, and Chief Financial Analyst Steven Mwakalebela. According to SMA’s website, his career experience spans more than 30 years and includes research involving companies listed in London and New York. SMA’s research coverage also includes regional equity markets, local stock exchanges, and macroeconomic factors relevant to regional analysis. The organization presents this as a research and education perspective, not as a cross-border trading service or an asset management offering.

Connecting Global Research with Regional Questions
SMA’s materials examine how global and regional factors can be considered within the same research process. The subjects listed on its research pages include interest rates, inflation, foreign exchange reserves, commodity cycles, company fundamentals, and market valuation. These factors do not affect every company or market in the same way, so the approach calls for researchers to identify the transmission path rather than assume a direct result. For example, a commodity-price change may matter differently to an energy company, a bank, and a domestically focused business. The regional question remains grounded in company evidence and local market conditions.
The cross-market perspective also allows researchers to compare methods without treating one market as a template for another. Research involving companies listed on the London Stock Exchange or New York Stock Exchange may provide examples of disclosure analysis, sector comparison, and valuation practice. Regional exchange research, however, still requires attention to local liquidity, currency conditions, reporting practices, and economic structure. SMA’s stated objective is to use broader market experience to frame questions for regional research. Its published materials do not claim that the organization operates a trading link between exchanges, brings foreign capital into local markets, or has a formal partnership with a securities exchange.
Research Portfolio Examples for Education
SMA’s website lists three named research portfolio examples under the Origin Core label. They are presented as material for research and education, allowing different sectors and markets to be examined through a consistent analytical process. They should not be read as evidence of client assets, fund operations, public offerings, or completed investment performance.
- Origin Core · Regional Growth: This research portfolio focuses on growth-oriented companies listed on regional stock exchanges. It provides a setting for examining company earnings, balance-sheet information, governance, and sector conditions alongside domestic and regional economic factors. The label describes a research theme; it does not establish that SMA manages or holds the securities discussed.
- Origin Core · UK Energy Select: This research example follows energy-sector companies listed in the United Kingdom. It is used to study how company fundamentals may relate to energy prices, commodity cycles, capital spending, and broader market conditions. Comparisons with regional questions are analytical exercises, not instructions to buy or sell a security in either market.
- Origin Core · UK Financial Value: This example examines valuation questions in the financial sector, including the relationship between company accounts, risk, and market pricing. SMA presents it as an educational reference for studying banking and financial-company analysis in a mature market. The published material does not identify it as an active fund, managed account, or performance product.
Across all three examples, SMA states that its research portfolios are for study, case analysis, and research demonstration. The organization does not describe them as automated trading signals or personalized recommendations. It also states that it does not manage client assets or execute trades. Those limits are material to the cross-market narrative: the portfolios illustrate how questions can be organized, while any investment decision remains outside the scope of the published research material.
A Research and Education Perspective for Regional Markets
SMA’s stated aim is to make global market concepts more usable in research on regional markets. That involves translating broad macroeconomic questions into company-level analysis, comparing disclosure and valuation methods, and showing students or analysts how to record assumptions and limitations. The available materials support a knowledge-exchange and research perspective, but they do not demonstrate that regional capital markets have already become more internationally connected as a result of SMA’s work. Nor do they establish new investment flows, exchange connectivity, or market-wide outcomes. The documented activity remains research publication, investor education, and the development of analytical methods for regional use.
About Steven Mwakalebela Assets Limited (SMA)
Steven Mwakalebela Assets Limited (SMA) is an independent capital markets research and investor education organization. Founded by Steven Mwakalebela, Founder, Chairman, and Chief Financial Analyst, SMA publishes market research, uses macroeconomic evaluation frameworks, and provides investor education.
Media Contact
Organization: Steven Mwakalebela Assets Limited (SMA)
Contact Person: Henry Johnny
Website: http://stevenmwakalebela.com
Email: Send Email
City: Dar es Salaam
State: Africa
Country: Tanzania
Release id: 49566
The post Steven Mwakalebela Assets Limited SMA Details Cross-Market Research Perspectives for Regional Capital Markets appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
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.
Press Release
Pro-Grade AI Diagnosis, Without the Pro-Grade Price: THINKSCAN 689BT PRO Brings 610 Racing’s Know-How to the DIYer
610 Racing finished 7th overall at the 2026 Shanghai 8-Hour with THINKCAR diagnostic backing — and the same family of AI-assisted diagnostic thinking now reaches the independent technician and DIYer through the THINKSCAN 689BT PRO. Pro-grade diagnosis is no longer out of reach for the independent technician. Fix with Experts.
FRANKFURT, Germany / Timesnewswire / September 29, 2026 – After eight hours of racing at the Shanghai International Circuit in Jiading, 610 Racing brought the Audi R8 LMS GT3 EVO II home 2nd in the GT3 SA class and 7th overall. For a Shanghai independent team running against factory-backed entries, the result showed what focused, well-tooled effort can achieve — from qualifying through race incidents to a determined drive to the flag.
Over its September 25–27 window — Friday testing, Saturday practice and qualifying, then Sunday’s eight-hour race — the Shanghai 8-Hour ranks among Asia-Pacific’s premier GT endurance rounds and a flagship of China’s top-tier GT calendar, a stage usually reserved for the biggest budgets in the sport.
At the 2026 Shanghai 8-Hour, 610 Racing contested the GT3 SA class with the Audi R8 LMS GT3 EVO II and a four-driver crew: Yang Xiaowei, Steven Zhou, Roy Tang, and Luo Kailuo.

From the pit wall to the home garage
For the 2026 season, 610 Racing and partner THINKCAR took the grid together. THINKCAR builds AI-assisted diagnostic tools that turn raw vehicle data into a clear repair path, and 610 Racing is a fitting partner for the work: established in 2023 as the motorsport arm of 610AUTOGROUP — a luxury-car and racing technical-service brand under the Liaoning Aoxing Yuexiu group — the team became the resident squad at the FIA-certified Tianjin V1 International Circuit in 2024. Across an eight-hour format where diagnosis and repair happen against the clock, the team’s trackside technicians rely on THINKCAR tools to keep the transporter, service, and support vehicles ready. The Audi R8 LMS GT3 EVO II itself runs a race-specific ECU outside the passenger-car OBD protocol, so that diagnostic coverage is applied to the support fleet rather than the race car — and THINKCAR is now bringing the same problem-solving thinking to the independent technician and home mechanic through the THINKSCAN 689BT PRO.

Track-grade thinking, now in the DIYer’s hands
For years, race-grade diagnostic capability was the preserve of the best-funded operations. An endurance race compresses every diagnostic challenge into eight hours — shifting conditions, tight fault windows, and no room for guesswork — and THINKCAR’s AI diagnostic lineup brings that same discipline to the independent technician and home mechanic. A factory crew works from an entire pit wall of live telemetry; the home mechanic often has only a warning light and a forum thread. The THINKSCAN 689BT PRO is built to close that gap — an AI-assisted diagnostic tool for the DIYer, the mobile technician, and the independent shop owner that puts data-driven diagnosis, not guesswork, into the garage. It puts AI-guided diagnosis online, through mythinkcar.com, so a difficult fault gets a clear next step instead of a dead end — the same problem-solving mindset a race team relies on, at a price and a channel built for the independent technician. The case for that clarity is concrete: in 2024 the average check-engine-light repair in the U.S. cost $415 (CarMD Vehicle Health Index, drawn from more than 31 million diagnosed failures), and many faults share similar symptoms, so a backyard mechanic can flail without the precise cause. That is what “Fix with Experts” stands for: the right diagnosis should not depend on the workshop or the training behind it, and the 689BT PRO puts the diagnostic thinking a race team relies on into the hands of the independent technician who fixes cars on their own terms.

Photo:Roy Tang, driver of 610 Racing
What it means for the DIYer and independent technician
Consider a typical fault: a warning light with no obvious cause. The 689BT PRO reads the code and translates it into plain language — what the fault means, which module it sits in, and the common symptoms behind it — then draws likely causes from THINKCAR’s model-specific diagnostic knowledge base and lays out a repair path step by step: a troubleshooting sequence, a repair priority, and a suggested parts list that can be exported as a one-click PDF report. A plain-language assistant answers questions in everyday terms — “rough idle, weak acceleration” returns likely causes, checks, and repair advice — so the work starts from evidence rather than a forum guess, and a capable technician moves faster while a newcomer learns on the job. Built on the 689BT PRO’s full-system topology view, it is part of THINKCAR’s AI diagnostic lineup, separate from the premium T394 AI, and sold direct to the online-first technician through mythinkcar.com.
Availability
The THINKSCAN 689BT PRO is available online via mythinkcar.com; for product specifications and to order, visit mythinkcar.com.
Frequently asked questions
What is the THINKSCAN 689BT PRO?
The THINKSCAN 689BT PRO is an AI-assisted diagnostic tool from THINKCAR’s AI diagnostic lineup, built for the independent technician, the mobile tech, and the DIYer. It brings AI-guided fault analysis and repair steps to the home mechanic and the small shop, available online via mythinkcar.com.
Who is the THINKSCAN 689BT PRO for?
It is built for the online-first technician and home mechanic who want expert-level diagnostic guidance without a premium price — the DIYer, the mobile technician, and the independent shop owner who buy direct through mythinkcar.com.
About THINKCAR
Founded in 2019, THINKCAR is a leading provider of AI-powered automotive diagnostic solutions. With AI patents and a nationally registered automotive AI algorithm, THINKCAR serves 2.4 million users across 215 countries and regions. Its product ecosystem spans 8 categories including diagnostic tools, TPMS, ADAS calibration, EV diagnostics, and remote service platforms.
The T394 AI, its flagship Tyler-powered tablet, will be available through authorized dealers — visit thinkcar.com for details. Separately, the THINKSCAN 689BT PRO and MUCAR 892BT PRO — a more affordable AI diagnostic lineup separate from the premium T394 AI — are sold online via mythinkcar.com
Sources & Methodology
610 Racing and THINKCAR, 2026 Shanghai 8-Hour endurance race partnership and results: Shanghai International Circuit, Jiading, September 25–27, 2026; GT3 SA class, 2nd place; overall 7th place; Audi R8 LMS GT3 EVO II; drivers Yang Xiaowei, Steven Zhou, Roy Tang, and Luo Kailuo. 610 Racing was established in 2023 and became the resident squad at the FIA-certified Tianjin V1 International Circuit in 2024.
2026 Shanghai 8-Hour race format and class structure: a time-based “8 hours + 1 lap” format; GT3, GTS and GTC classes; professional and amateur drivers in crews of three or four sharing one car; pit, tire, fuel and driver-change decisions driven by real-time data (Shanghai International Circuit / event organizer).
THINKCAR product information: THINKSCAN 689BT PRO, AI diagnostic lineup, availability via mythinkcar.com.
CarMD 2025 Vehicle Health Index: average check-engine-light repair cost in the U.S. was $415.31 in 2024, based on more than 31 million diagnosed failures.
Media Contact
Company Name: THINKCAR TECH CO., LTD.
Contact Person: Lynn Liao
Email: Marketing@thinkcar.com
Website: http://www.thinkcar.com
About Author
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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