Direxion Daily META Bull 2X Shares

METU

Market cap $133M

Without question, social media juggernaut Meta Platforms Inc. (NASDAQ:META) has been one of the top beneficiaries of the artificial intelligence surge. Thanks to its vast network, Meta commands a data-rich environment that's the envy of the broader technology sphere.

Up more than 28% YTD, near-term gains for shares of Facebook parent Meta (META) could be limited, according to conventional wisdom. The company's market capitalization of $1.89 trillion, which makes it the sixth-largest member of the S&P 500, may add to that argument.

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.

Microsoft (MSFT) and Meta (META) were two of the biggest names reporting earnings on Wednesday. With the expectation that AI would be a prime revenue generator for both, it was estimated they would beat earnings estimates, and they did just that.

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

Single-stock ETFs tied to MU, MRVL, HOOD, MARA and META are surging as tech-fueled optimism powers gains.

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.

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.

With plenty of market uncertainty to go around, equities have been mostly in the red the past month. However, for opportunistic traders, this could mean a red tag sale for names in the Magnificent Seven.

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.