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Why is AAPU Down Today After Tech Sector Pressures

The Direxion Daily AAPL Bull 1.5X Shares (AAPU) closed down 1.36% at $33.39 on January 30, as Apple Inc. shares slipped 0.41% to $238.39 ahead of its earnings report. The decline in Apple's stock was influenced by broader tech sector pressures, with Microsoft and Nvidia also experiencing declines. Despite optimism surrounding Apple's potential iPhone upgrade cycle and the introduction of DeepSeek, investor jitters persisted, contributing to the stock's downward movement. The tech sector's overall performance weighed on the S&P 500, with only the information technology segment in the red, despite 80% of the index's components trading higher.