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Direxion's 2X inverse gold miners ETF suits short-term trades amid mixed gold price outlook.

Market News
01 Sep 2026
Seeking Alpha
View Source
Neutral
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The Direxion Daily Gold Miners Index Bear 2X ETF (DUST) offers leveraged inverse exposure to gold mining stocks, making it suitable mainly for short-term, speculative trading. Rising interest rates and hawkish Federal Reserve signals could pressure gold prices, potentially benefiting DUST. However, geopolitical risks and increased money supply support gold's appeal, creating uncertainty and reducing strong directional conviction. Investors may find better opportunities near key economic decisions when market expectations about Fed policies adjust, possibly allowing DUST to gain from surprises.

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Alphabet struggles to build AI capacity fast enough; Anthropic secures 5 gigawatts of AI power.

Alphabet struggles to build AI capacity fast enough; Anthropic secures 5 gigawatts of AI power.

Alphabet CEO Sundar Pichai revealed that the company is facing challenges in rapidly expanding its AI capacity to meet demand. Meanwhile, competitor Anthropic has successfully secured 5 gigawatts of AI computing power, highlighting a significant deve...

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3 hours ago
PTX Metals closes deal to create Green Canada Uranium, advancing uranium project and focusing on Ontario assets

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PTX Metals has completed a transaction with Green Canada Corporation and MAACKK Capital Corp. to form Green Canada Uranium Corp. (GCUC), which will start trading on the TSX Venture Exchange around September 9, 2026. GCUC has acquired full ownership o...

Company Fundamentals
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NextEra Energy Resources buys 49% stake in South Florida natural gas project to boost energy capacity.

NextEra Energy Resources buys 49% stake in South Florida natural gas project to boost energy capacity.

Chesapeake Utilities sold a 49% minority interest in the Florida Energy Pathway (FEP), a major natural gas transmission project in South Florida, to NextEra Energy Resources. The project aims to expand natural gas capacity from Palm Beach to Miami-Da...

Company Fundamentals
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HPE's dividend and cash flow make it a safer retirement bet than growth-focused Snowflake.

HPE's dividend and cash flow make it a safer retirement bet than growth-focused Snowflake.

Hewlett Packard Enterprise (HPE) and Snowflake report earnings simultaneously, highlighting a choice between a dividend-paying hardware company and a high-growth cloud software firm. HPE offers a 1.1% dividend yield, strong free cash flow, and plans ...

Company Fundamentals
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First Phosphate shareholders approve board, auditor, and equity plan; shareholder base grows 861% in 2026.

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First Phosphate Corp held its 2026 Annual General Meeting where shareholders unanimously re-elected all board nominees, approved Davidson & Company LLP as auditor, and re-approved the company's equity incentive plan. The meeting also fixed the number...

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