Connect with us

Technology

Direxion Unveils Berkshire Hathaway and Palantir Single Stock Leveraged and Inverse ETFs

Published

on

BRKU, BRKD, PLTU and PLTD Join Existing Suite of 22 Single Stock Leveraged and Inverse ETFs

NEW YORK, Dec. 11, 2024 /PRNewswire/ — Direxion, a leading provider of tradeable ETFs, today announced bringing two additional pairs of Single Stock Leveraged and Inverse ETFs to market. The four new funds allow active traders to obtain magnified, or inverse, exposure to the daily performance of the common stock of Berkshire Hathaway Inc., or Palantir Technologies Inc., through either the Direxion Daily BRKB Bull 2X Shares (Ticker: BRKU) and Direxion Daily BRKB Bear 1X Shares (Ticker: BRKD), or the Direxion Daily PLTR Bull 2X Shares (Ticker: PLTU) and Direxion Daily PLTR Bear 1X Shares (Ticker: PLTD).

Direxion is offering the first leveraged and inverse single stock funds on Berkshire Hathaway, allowing traders to react to Warren Buffet’s guidance and sentiments. Furthermore, Palantir is one of the top-performing retail stocks in the market, as it continues to scale its business through partnerships, government contracts, and a growing commercial sector.

“Direxion’s commitment to continuous innovation in the ETF industry is one of the many reasons I joined the team,” said Direxion CEO, Douglas Yones. “I’m excited to see today’s launches build on that legacy as we continue creating fresh, impactful ETF solutions for short-term traders.”

As ground-breaking products built for active traders, Direxion’s pairs of single stock leveraged and inverse ETFs are meant to be used for short-term trading purposes. Leveraged and inverse single stock 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.

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 and inverse ETFs – including single stock 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. Direxion’s 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 $48.6 billion in assets under management as of September 30, 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 Fund’s investment objective, risks, charges, and expenses before investing. A Fund’s 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 Fund’s 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 stock’s 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 stock’s performance is flat, and it is possible that the Bull Fund will lose money even if the underlying stock’s performance increases, and the Bear Fund will lose money even if the underlying stock’s performance decreases, over a period longer than a single day. Investing in the Funds is not equivalent to investing directly in BRK/B or PLTR.

Financials Sector Risk — Financial companies may be materially impacted by many factors, including but not limited to, government regulations, economic conditions, credit rating downgrades, changes in interest rates and decreased liquidity in credit markets. Profitability of these companies is largely dependent on the availability and cost of capital and can fluctuate significantly when interest rates change.

Information Technology Sector Risk — The value of stocks of information technology companies and companies that rely heavily on technology is particularly vulnerable to rapid changes in technology product cycles, rapid product obsolescence, government regulation, and competition, both domestically and internationally, including competition from competitors with lower production cost.

Berkshire Hathaway Inc. Investing Risk — Issuer-specific attributes may cause an investment held by the Fund to be more volatile than the market generally. Berkshire Hathaway Inc. faces risks associated with: terrorism impacting its operating businesses; cybersecurity events; geopolitical events that cause loses to its business and the value of securities it owns; dependence on a few key people for investment and capital allocation decisions; among other risks.

Palantir Technologies Inc. Investing Risk — Issuer-specific attributes may cause an investment held by the Fund to be more volatile than the market generally. Palantir Technologies Inc. faces risks associated with: a limited number of customer accounts for a substantial portion of its revenue; the development and deployment of new technologies; reliance on or capability with third-party products and services; the ability to hire, retain, train and motivate qualified personnel and senior management; sales and operations; intense competition; among other risks.

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, Broadcom Inc. or Micron Technology, Inc. Investing Risk, Market Risk, Industry Concentration Risk, Cash Transaction Risk, Indirect Investment Risk, and risks specific to the technology sector and semiconductor industry. Additional risks include, for the Direxion Daily BRKB Bull 2X Shares and Direxion Daily PLTR Bull 2X Shares, Leverage Risk and Daily Correlation Risk, and for the Direxion Daily BRKB Bear 1X Shares and Direxion Daily PLTR 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: ALPS Distributors, Inc.

CONTACT: Danielle Black, AD
Ditto Public Relations
direxion@dittopr.co

View original content to download multimedia:https://www.prnewswire.com/news-releases/direxion-unveils-berkshire-hathaway-and-palantir-single-stock-leveraged-and-inverse-etfs-302329174.html

SOURCE Direxion

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Black Kite and Sayari Partner to Deliver Integrated Intelligence Across Cyber, Supply Chain, and Corporate Risk

Published

on

By

New integration combines global corporate transparency with continuous cyber risk intelligence to help organizations uncover hidden threats across their extended enterprise

BOSTON and WASHINGTON, April 29, 2026 /PRNewswire/ — Black Kite, the leader in third-party cyber risk management, today announced a strategic partnership and integration with Sayari, a leading provider of global corporate transparency and supply chain risk intelligence. Together, the two companies are enabling organizations to gain a unified view of third-party risk by combining deep visibility into global corporate and trade networks with continuous cyber risk monitoring.

As organizations face increasing pressure to manage risk across complex, global supply chains, many struggle with fragmented data spread across multiple tools and teams. This partnership addresses that challenge by bringing together Sayari’s unmatched insight into corporate ownership, trade activity, and hidden commercial relationships with Black Kite’s objective, standards-based cyber risk ratings and real-time threat intelligence.

Through the integration, customers can enrich third-party risk assessments with both who an entity is connected to and how exposed they are from a cyber perspective—providing a more complete and actionable understanding of risk across the extended enterprise.

“Risk doesn’t exist in silos—but most tools still do,” said Bob Maley, Chief Security Officer at Black Kite. “By combining Sayari’s global network intelligence with Black Kite’s continuous cyber risk insights, we’re helping organizations move from fragmented signals to a connected, operational view of third-party risk.”

Sayari’s platform delivers visibility into complex commercial relationships using one of the world’s largest collections of corporate and trade data, spanning over 250 jurisdictions worldwide. By integrating this intelligence directly into Black Kite’s platform, customers can more easily identify hidden ownership structures, upstream supply chain dependencies, and potential exposure to financial crime or geopolitical risk—while simultaneously assessing cyber posture.

“Understanding risk today requires more than a single lens,” said Owen Denby, General Counsel at Sayari. “This partnership brings together two critical dimensions of risk—corporate network transparency and cyber exposure—so organizations can make faster, more confident decisions in an increasingly complex global environment.”

The combined solution supports a wide range of use cases, including:

Enhanced due diligence through enriched corporate ownership and cyber risk insightsSupply chain risk management with visibility into N-tier suppliers and their vulnerabilitiesFinancial crime and compliance by correlating beneficial ownership with cyber postureGovernment and national security applications requiring both transparency and cyber resilienceM&A and third-party onboarding with faster, more comprehensive risk assessments

By reducing manual research and connecting previously siloed data, the Black Kite and Sayari integration enables organizations to prioritize risk more effectively, accelerate investigations, and strengthen resilience across their third-party ecosystem.

The partnership reflects a shared commitment to helping organizations navigate the growing complexity of global risk with greater clarity, speed, and confidence.

Bob and Owen did a webinar together in April: From Fragmented Signals to Connected Risk Intelligence, available to watch on-demand.

About Black Kite

Black Kite is the AI-native third-party cyber risk management platform trusted by over 3,000 customers to manage every supplier and every risk across their extended ecosystem. Powered by the industry’s highest-quality risk intelligence, spanning over 40 million companies, Black Kite is differentiated by the accuracy, transparency, and actionability of its data. The platform automates vendor monitoring and risk assessments, surfacing reliable insights into ransomware susceptibility, regulatory gaps, financial exposure, and more. With Black Kite, security and risk teams gain always-on visibility and trusted intelligence to act early, reduce exposure, and stay ahead of third-party threats. Black Kite has received numerous industry awards and recognition from customers. Learn more at www.blackkite.com, or on the Black Kite blog.

About Sayari

Sayari is the leader in Agentic Systems of Work for economic security and risk. Powered by the Sayari Commercial World Model – a digital twin of global commerce resolving 10.6B+ primary-source records from 250+ jurisdictions – Sayari transforms risk and investigative teams from manual data gatherers into decisive mission leaders. By unifying corporate ownership, trade data, and risk intelligence into a single graph, Sayari uncovers connections and typologies that legacy watchlist, adverse media, and point solutions miss, enabling prescriptive execution at scale. Trusted by the world’s most demanding regulators, including U.S. Customs and Border Protection, the U.S. Treasury, and Fortune 500 enterprises, Sayari delivers the evidence-based transparency needed to prove decisions, satisfy regulators and protect global commerce. Headquartered in Washington, D.C., Sayari is used by thousands of professionals across 35+ countries to secure supply chains and dismantle illicit networks. To learn more, visit sayari.com.

Media Contact

Danielle Ostrovsky
Hi-Touch PR
Ostrovsky@Hi-TouchPR.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/black-kite-and-sayari-partner-to-deliver-integrated-intelligence-across-cyber-supply-chain-and-corporate-risk-302750979.html

SOURCE Black Kite

Continue Reading

Technology

Chronograph Expands Middle East and Asia Presence With Hire of Former Abu Dhabi Investment Council Technology Leader

Published

on

By

NEW YORK, April 29, 2026 /PRNewswire/ — Chronograph, leading provider of portfolio monitoring solutions for institutional private equity limited partners and general partners, today announced the hiring of Benjamin Humphrey-Gaskin as Client Development Director based in the United Arab Emirates.

Benjamin joins Chronograph from the Abu Dhabi Investment Council (ADIC), where he served as Head of Investment Technology for nine years. In that role, he led end-to-end ownership of a multi-asset investment technology portfolio spanning front, middle, and back office systems. Prior to ADIC, he was a Senior Manager at EY advising sovereign institutions and asset managers on technology and operating models, and earlier served as a Senior Business Analyst at eFront delivering customized private equity solutions.

This expansion of the Client Development team in the Middle East reflects Chronograph’s continued growth across the region. With 5 of the 10 largest LPs in the world and 8 of the 10 largest GPs leveraging Chronograph, the solution is increasingly selected by the world’s most sophisticated private capital investors – including sovereign wealth funds navigating complex portfolios.

Benjamin commented, “I am delighted to be joining Chronograph at such a pivotal moment. This is a company I have followed closely for many years, watching its reputation grow from strength to strength. Investors in the region are demanding best-in-class systems, and the ability to truly understand their portfolios and access the highest quality data is one of the foremost challenges they are looking to solve. Chronograph is perfectly positioned to meet exactly that need. I look forward to helping build the firm’s presence and driving real impact for clients.”

Michael Santos, Global Head of Sales at Chronograph, added, “Benjamin is exactly the kind of leader we need as we deepen our presence in the Middle East and Asia. His experience deploying investment technology at one of the world’s most sophisticated sovereign wealth funds gives him a rare understanding of the challenges institutional investors in the region face. He’s spent his career advising CIOs, CTOs, and COOs on private capital technology transformation and he knows what it takes to turn portfolio data into actionable insight at institutional scale.”

About Chronograph

Chronograph was founded in 2016 to bring differentiated technology solutions to private capital markets. The firm’s products help institutional limited partners and general partners – including many of the world’s largest private equity and private credit investors – streamline and automate portfolio monitoring, valuations, analytics, and reporting. The firm is backed by Summit Partners, The Carlyle Group, and Nasdaq, Inc. For further information, please visit: www.chronograph.pe

Fred Bower
Chronograph
New York, New York
fred.bower@chronograph.pe

View original content:https://www.prnewswire.com/news-releases/chronograph-expands-middle-east-and-asia-presence-with-hire-of-former-abu-dhabi-investment-council-technology-leader-302756287.html

SOURCE Chronograph

Continue Reading

Technology

Command Zero Accelerates SecOps Pipelines with APIs and MCP Server

Published

on

By

New endpoints let Security Operations teams build their own tools and embed autonomous investigations into existing pipelines.

AUSTIN, Texas, April 29, 2026 /PRNewswire/ — Command Zero today released a broad set of API endpoints and a Model Context Protocol (MCP) server for its Autonomous & AI-Assisted SOC platform. Customers can now drive threat hunts, investigations, manage business context, and trigger remediation programmatically by connecting to Command Zero’s LLM-based agents.

“With aggressive growth in the availability of agentic SecOps capabilities, security leaders and architects are at an architectural juncture – facing a decision to either adopt agentic feature sets being added to existing security tools and platforms, or to instead invest in net-new autonomous SOC platforms – further increasing complexity to an already overwhelming SecOps tools environment. Command Zero is solving this architectural challenge, adding APIs and MCP server access to powerful autonomous investigation capabilities that can be woven into existing tools, workflows, and UI.”
— Dave Gruber, Principal Analyst, Cybersecurity, Omdia

SOCs consist of dozens of separate tools and need seamless connectivity between tools to overcome complexity. With API endpoints and MCP servers, customers can wire the Command Zero platform into their SOAR playbooks, orchestration pipelines, and internal tooling without waiting on vendor roadmaps. Technical alliance partners can build integrations in minutes.

“Opening Command Zero’s advanced investigation engine to developers changes what’s possible. Teams can now use advanced capabilities of the platform as the substrate for custom threat hunting frameworks, CTI-driven analysis, and bespoke tooling. The MCP server extends that to AI agents — which matters as agentic SecOps moves from pitch decks to day-to-day practice.”
— Richard Stiennon, Chief Research Analyst at IT-Harvest

What’s in the release

Investigation APIs. List, start, extend, update, and retrieve investigations against any investigation template.Business context APIs. List, upload, and retrieve context at scale. Pull data in from ServiceNow, CTEM platforms, HR systems, and other sources — no manual console entry.Catalog and schema APIs. Query entity types, data sources, and investigation templates to align external systems with the platform’s data model.Remediation APIs. List remediation templates and execute remediation actions from external systems.MCP server. A wrapper around the APIs that lets Claude and other MCP-compatible agents query Command Zero directly. Analysts can run health checks, list investigations, triage open cases, and build custom dashboards from an AI chat interface.

What customers can build

SOAR playbooks that start a Command Zero investigation the moment an alert fires, then feed upstream response data back into the case as it develops.Custom threat hunting frameworks that ingest threat intelligence, generate hypotheses, deploy them as questions in Command Zero, and run autonomous hunts on a schedule.Internal SOC dashboards built in Claude that summarize weekly activity, automation rates, and open investigations in natural language.MSSPs syncing client business context across tenants automatically, instead of populating each environment by hand.

“The best security platforms are the ones teams can build on. This release puts Command Zero’s investigation engine in the hands of our customers and our technical alliance partners. They can wire us into their pipelines, extend us with their own flows, and connect us to the AI agents working collaboratively with their analysts. That is how a platform earns its place in the SOC. These APIs and MCP servers unlock a new class of joint solutions with our partners.”
— Dov Yoran, Co-founder and CEO, Command Zero

What’s next

The current release covers the core surface customers need to start building. More API endpoints will follow, shaped by anchor customers’ and partners’ feedback. Command Zero will also publish sample integrations and reference implementations in the weeks following the launch.

About Command Zero

Command Zero is the Autonomous & AI-Assisted SOC platform, built to transform security operations in complex enterprise environments. The platform accelerates threat hunting, triage, analysis and response. Command Zero enables all users to perform at the highest level by ensuring consistent, repeatable, auditable investigations with automated reporting.

Command Zero was named a Top 10 Finalist in the 2025 RSA Innovation Sandbox and serves some of the largest organizations in the world. The company is headquartered in Austin, TX with presence in Calgary Alberta, Canada.

Learn more at https://www.commandzero.ai and follow the Command Zero LinkedIn page.

Media contact: press@cmdzero.io

View original content to download multimedia:https://www.prnewswire.com/news-releases/command-zero-accelerates-secops-pipelines-with-apis-and-mcp-server-302755893.html

SOURCE Command Zero

Continue Reading

Trending