Direxion Daily GOOGL Bear 1X Shares

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Market cap $19.1M

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.

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.

Despite initial fears surrounding tariffs and their effects on artificial intelligence stocks, the sell-off in early April hasn't been an unraveling of the AI trade. Subsequent Q1 earnings reports have been largely favorable.

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.

Google's stock is following its Magnificent Seven peers lower so far this year. But it could be a potential buy if certain factors end up working in the search engine giant's favor.

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.

Google's current growth story, like its other big tech peers, will center around artificial intelligence (AI) as its main protagonist. Short-term questions also remain, but it creates an opportunity for traders to play the stock regardless if it heads up or down.

Market fluctuations this month are seemingly inevitable, which should pan out well for one options trader who bet $9 million on a September volatility spike. For traders who want to stay ready when trading the S&P 500 and big tech, they can use leveraged/inverse ETFs from Direxion.

Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.