Direxion Daily GOOGL Bear 1X ETF

GGLS

Market cap $9.93M

Four of the Magnificent Seven reported earnings yesterday—Meta, Microsoft, Amazon, and Alphabet—beating most Wall Street expectations. As seasoned traders know, however, the prevailing market reaction can define whether a stock moves higher or lower.

Big tech earnings are flowing. While the post-report results have been mixed among the various bellwether tech stocks, opportunities are abound for aggressive traders looking to capitalize on short-term swings.

Google's parent company Alphabet recently joined the ranks of Nvidia, Microsoft, and Apple as part of an exclusive $4 trillion market-cap club. The search giant is sending bullish vibes for 2026, which bodes well for the Direxion Daily GOOGL Bull 2X Shares (GGLL).

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.