Direxion Daily AMZN Bear 1X Shares

AMZD

Market cap $4.83M

While advanced innovations such as artificial intelligence have buoyed the broader technology ecosystem, the sector has recently encountered significant pressure. As such, quite a few tech powerhouses have suffered volatility.

Nvidia has been sitting pretty atop the list of largest companies. After its fiscal year 2026 Q2 earnings, it sent a message that it plans to remain there.

Recent jobs data has been discouraging. Inflation remains too high for many consumers' taste.

Following Meta and Microsoft, the earnings bonanza continued for the market's biggest players, with Apple and Amazon next on the docket. Both beat out Wall Street estimates, sloughing off any notion that tariffs could negatively impact their final Q2 results.

If you're going to be part of the Magnificent Seven, you better do something that's, well

As seasoned investors already know, the 24-hour news cycle can change markets quickly and swiftly. After weathering the tariff tantrum storm, downtrodden Magnificent Seven stocks are starting to look magnificent again thanks to U.S.-China trade deal news, but caution is always warranted.

While there's simply no denying the remarkable ascent of e-commerce and technology juggernaut Amazon.com Inc. AMZN, even the biggest stalwarts of industry are not completely immune to broader fundamental pressure. As the U.S. economy struggles under the weight of elevated inflation and trade tariffs, AMZN stock finds itself caught in a sentiment tug-of-war.

The adage of “the bigger they are, the harder they fall” has been holding true for the S&P 500's biggest names, or more specifically, the Magnificent Seven. However, there are some names that could be worth buying, as listed by Yahoo Finance.

Amazon, Inc. (Ticker: AMZN) has been a staple in the e-commerce and tech industries for years, consistently growing, adapting, and even setting market standards. However, after recently hitting new all-time highs, the stock faces some challenges as we head into its next earnings report on February 6.

With 2025 in full swing, the first months of the new year will begin with a spate of earnings from companies that occupy a significant portion of the S&P 500, namely tech. That said, Direxion has a suite of single-stock exchange-traded funds (ETFs) to watch.