Direxion Daily MSFT Bull 2X Shares is trading 7.3% down today after reports that the U.S. Federal Trade Commission (FTC) is broadening its investigation into Microsoft's (MSFT) business practices.
- The expanded probe is reportedly focused on the company's cloud services, AI, and software bundling, raising potential antitrust risks.
- The negative regulatory news has prompted a pullback in Microsoft shares, causing a corresponding amplified decline in the 2x leveraged ETF.