Leverage Shares 2X Long STX Daily ETF (STXU)

Meta Platforms operates the world's largest family of social-networking websites, including the flagship Facebook site, Instagram, Facebook Messenger, WhatsApp, Reels, and Threads. The sites enable users to communicate with friends and family by posting content; commenting on others' posts; sharing photographs, website links, and videos; messaging; and playing games. The company also partners with application developers to add functionality to the sites and allows users to pay for virtual goods and services through its Payments function. Meta's Superintelligence Labs is one of the pioneers in GenAI research, and its Reality Labs segment develops and sells new computing form factors like virtual reality headsets and smart glasses. Meta derives about 63% of its revenue from outside the U.S.

A mixed bag of earnings reports were unable to serve as a distraction to broader issues on Thursday. Indeed, stock mostly fell as investors once again worried about AI spending and as the price of oil rose on geopolitical tensions.

Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple’s iPhone accounts for the majority of the firm's sales, and Apple’s other products, such as the Mac, iPad, and Watch, are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, such as streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors and works with subcontractors such as Foxconn and TSMC to build its products and chips. Slightly less than half of Apple’s sales come directly through its flagship stores, with the majority coming indirectly through partnerships and distribution.

Incorporated in 1911, International Business Machines, or IBM, is one of the oldest technology companies in the world. It provides software, IT consulting services, and hardware to help business customers modernize their technology workflows. IBM operates in 175 countries and employs approximately 300,000 people. The company has a robust roster of business partners to service its clients, which includes 95% of all Fortune 500 companies. IBM’s products, including Red Hat, watsonx, and mainframes, handle some of the world’s most important data workloads in areas like finance and retail.