$Direxion Daily Semiconductors Bear 3x Shares(SOXS)$ Nice to see it holding higher for anyone long. But what actually changed? We are still building AI infrastructure like it is railroads or fiber cable internet or whatever. The bear/bull case has not shifted in the last 24 hours. More compute equals more revenue, as $Meta Platforms, Inc.(META)$ put it. No change there. Then there is just a lot of forced-looking selling across $Alphabet(GOOG)$ and $Tesla Motors(TSLA)$ too.
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