$Direxion Daily Semiconductors

$Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ Looking at the top 10 global cloud market share, it's notable that META isn't listed. Their recent announcement about leasing out cloud compute seems more aimed at competing with companies like CRWV and NBIS.

The traditional AWS, Azure, and GCP platforms are built to run an entire company's operations, while META and CRWV appear focused on providing pure computing power.

Given that distinction, the market's reaction to that news, which seemed to tank the chip sector, feels disconnected from the actual competitive landscape.

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