The Direxion Daily AAPL Bull 1.5X Shares (AAPU) ETF closed up 2.4% at $38.39 on December 16, 2024, as Apple Inc. shares reached new all-time intraday and closing highs. Apple stock rose 1.18% to $251.05, driven by strong Q4 Fiscal 2024 results, which included a 12% increase in adjusted earnings per share and a 6% rise in sales. The growth in iPhone and Services revenue has bolstered investor confidence, with Apple's expanding Services business and AI initiatives drawing particular attention. The stock's performance was further supported by its significant role in the S&P 500, alongside other tech giants like Nvidia.