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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.
Among the most highly traded stocks, Meta Platforms is one of those names that appeal to traders. As the AI-driven market narrative in 2026 continues to play out, Direxion's leveraged single-stock ETFs — the Direxion Daily META Bull 2X Shares (METU) and Direxion Daily META Bear 1X Shares (METD)— are essential tools to have.
Meta, Microsoft, and Tesla reported earnings after the bell, with investors looking for indicators that the Magnificent Seven is still magnificent in the early going of 2026. The result—so far so good—but was it magnificent?
In recent months, shares of Facebook parent Meta (META) have been hammered as investors grew increasingly concerned about the company's artificial intelligence (AI) expenditures. Over the past month, the stock is down 8.63%.
Fundamentally, one of the central catalysts of social media and tech juggernaut Meta Platforms Inc. (NASDAQ: META) is its operating capacity as an attention refinery. In effect, raw human time enters Meta's vast ecosystem while monetizable intent comes out.
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
SEC filings for METD aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.