NYU Professor: Big Tech to Spend $700 Billion on AI by 2026, Much of It Wasteful

The news headline criticizes big tech companies' AI spending, but this may not directly affect Apple's short-term stock performance. Technical indicators show the stock rose 4.4% in the last 24 hours, with the RSI approaching overbought territory at 68 and the MACD above its signal line. While this suggests upward momentum could continue in the near term, the high RSI level also carries a risk of correction. The negative tone of the news could make investors cautious, but since it does not contain specific criticism of Apple's AI investments, its impact may be limited. Therefore, I foresee a neutral outlook due to short-term direction uncertainty.

The news headline criticizes major technology companies' artificial intelligence spending, but this may not create direct selling pressure for MSFT in the short term. Technical indicators show the stock is in a short-term uptrend: RSI at 61 is in neutral territory, MACD is above the signal line, and the price is above both the 20-day and 50-day moving averages. The contradiction between the negative tone of the news and the technical outlook makes it difficult for the market to determine a clear direction. Therefore, a sideways movement can be expected in the short term.

The news headline reflects a negative view that AI investments are excessive and wasteful. However, NVDA shares have risen 8.45% in the last 24 hours, with the RSI approaching overbought territory at 69.5. While the MACD still supports an upward trend, the impact of this negative news may be limited in the short term. The market may have already priced in the scale of AI spending. Therefore, there is uncertainty in the short-term direction.

The news headline contains a critical view of major technology companies' artificial intelligence investments. This could create a mildly negative short-term perception for large tech stocks like GOOG. However, technical indicators show the stock is in an uptrend, with the RSI not approaching overbought territory. Although the MACD is below the signal line, it remains in positive territory, indicating momentum is still strong. The recent close saw a 3.68% increase, and the stock is trading above its 20-day moving average, increasing the likelihood of a sideways trend in the short term. Therefore, the impact of the news may be limited, and the market could maintain its current trend.