The Direxion Daily AAPL Bull 1.5X Shares (AAPU) closed down 1.59% at $32.86 on January 31, as Apple Inc. shares fell 1.02% to $235.16 amid mixed market reactions to its recent earnings report. Despite a strong start to the day, with Apple shares initially rising 3.5% in premarket trading following a better-than-expected outlook, the stock faced pressure as the trading session progressed. Apple's Q1 FY25 earnings revealed record revenues of $124.3 billion, a 4% y/y increase, driven by robust growth in its services segment, which reached an all-time high of $26.3 billion, growing 13.9% y/y. However, the market's focus on disappointing iPhone and China revenue tempered the initial optimism. BofA Global Research reiterated a "Buy" rating for Apple, raising its price objective to $265, citing the potential of Apple Intelligence to drive future upgrades.