Microsoft Exceeds Fiscal Third-Quarter Expectations on Cloud and AI Strength

Microsoft's robust quarterly results, driven by cloud and artificial intelligence, serve as a positive catalyst for the stock. Technically, the price is just above the 20-day moving average, and the RSI is in neutral territory, indicating room for upside. The MACD line is close to crossing above the signal line, which could be interpreted as a short-term bullish signal. However, with the price remaining below the 50-day moving average, there is a risk that the rally may be limited.

The news indicates that Microsoft's strong performance in cloud and artificial intelligence could increase demand for companies producing AI chips, such as NVDA. Technical indicators also support this positive outlook: the RSI is approaching overbought territory at 68 but is not yet at dangerous levels, the MACD is above the signal line and confirms the uptrend. The price is trading above both the 20-day and 50-day moving averages and has gained 4.3% in the last 24 hours. The upward momentum is expected to continue in the short term, but the RSI approaching the 70 level also brings a risk of a short-term correction.

AMD shares could continue their upward trend following Microsoft's strong cloud and artificial intelligence results. Although technical indicators point to overbought territory (RSI 83.5), the positive and rising MACD structure supports short-term momentum. The news can be seen as a catalyst that may increase demand for AMD's AI chips. However, the sharp 16.8% rise in the last 24 hours also brings the risk of profit-taking in the short term. Therefore, the upward expectation is supported with moderate confidence.

TSM could be positively impacted by Microsoft's robust cloud and artificial intelligence results, as Microsoft's increasing AI investments generate demand for chipmakers like TSM. Technically, although the RSI is approaching overbought territory at 72.6, the MACD remaining above its signal line and the price trading above the 20- and 50-day moving averages indicate that upward momentum persists. A 5.27% increase over the past 24 hours confirms the positive reception of the news. The short-term uptrend may continue, but some profit-taking could occur due to overbought levels.