Tech Stocks Lose $180 Billion as ChatGPT Misses Growth Targets

ChatGPT, a leader in artificial intelligence, has missed its growth targets, leading to questions about overly optimistic expectations for the technology sector. This has created intense selling pressure, particularly on AI-focused stocks, and negatively impacted global risk appetite. In the short term, a downward trend is expected in technology-heavy indices such as the Nasdaq, and this negative sentiment could spill over into emerging markets. In Turkey, technology stocks within the BIST 100 may also be temporarily affected by this sell-off wave.

The news headline points to general selling pressure in the technology sector, and AAPL may be impacted by this wave. Technical indicators show the RSI approaching overbought territory in the short term (66.7) and the price remaining above moving averages, maintaining an upward trend. However, the negative sentiment generated by the news could break these technical resistance levels and trigger profit-taking. Therefore, a short-term downward movement can be expected, but it is still too early for a strong trend reversal.

The news headline points to a general selling pressure in the technology sector, and MSFT may be affected by this negative sentiment. Technical indicators also confirm weakness: RSI at 44.7 is below the neutral zone, the MACD line is below the signal line and negative, and the price is below both the 20-day and 50-day moving averages. In the short term, the downtrend is likely to continue, although the last closing price was up 1.26% daily, which may indicate some recovery effort. Therefore, while the direction is bearish, the confidence level is assessed as medium-high.

The news headline points to broad selling pressure in the technology sector, which could have a short-term negative impact on GOOGL stock. Technical indicators are sending mixed signals: the RSI at 68 is approaching overbought territory, and the MACD has crossed below its signal line, indicating a loss of momentum. However, the price remains above the 20- and 50-day moving averages, suggesting any decline may be limited. Despite a 1% rise in the last 24 hours, the negative sentiment from the news and weakening technicals point to a potential downward move in the near term.