- MSFU, the Direxion Daily MSFT Bull 2X ETF, is trading at $21.14, up 6.3% today, reflecting a significant rebound in Microsoft shares.
- Microsoft's recovery is driven by renewed investor confidence in its AI initiatives, including fresh reports of a prominent hedge fund manager taking a bullish stance on the tech giant.
- The surge suggests a partial reversal of recent tech sector declines, with traders re-risking into major AI beneficiaries like Microsoft, despite broader market pressures.