AI Frenzy Masks Impact of Iran Conflict on Big Companies

NVDA recorded a strong 8.97% gain in the last session, trading at 215.21. The RSI at 67.9 is approaching overbought territory but is not yet at dangerous levels. The MACD remains above the signal line and in positive territory, indicating continued short-term upward momentum. The price is trading above the 20- and 50-day moving averages, supporting the technical outlook. The headline suggests that interest in AI-themed stocks persists despite geopolitical risks, which is a positive factor for NVDA. However, I believe the upside may be limited due to the approach of overbought territory and geopolitical uncertainties.

AMD shares have surged more than 27% in the last 24 hours, pushing the Relative Strength Index (RSI) to 81.6, firmly into overbought territory. This increases the likelihood of a short-term correction or profit-taking. The news headline suggests that geopolitical risks (e.g., Iran conflict) could negatively impact large corporations, but the AI frenzy is masking this effect. This implies that the current market optimism may not be sustainable. The overbought signal from technical indicators, combined with geopolitical uncertainty, supports a potential downward move in the near term.

ASML shares have recorded a strong 9.6% gain in the last 24 hours, with the RSI reaching 75, entering overbought territory. The news headline suggests that the AI frenzy is masking the impact of the Iran war on large companies, indicating that geopolitical risks may not be priced in. Technically, overbought conditions and geopolitical uncertainty could limit upward movement in the short term. Therefore, a neutral outlook is appropriate for the short-term direction.

The news headline suggests that geopolitical risks (Iran war) could negatively impact large companies, but the AI frenzy is masking this effect. INTC stock has surged 14.86% in the last 24 hours, with RSI entering overbought territory at 75.4. The MACD is positive and supports the uptrend, but after such a rapid rise, a short-term correction or consolidation is highly likely. Geopolitical uncertainties and the overbought signal raise doubts about the sustainability of the upward movement. Therefore, a neutral stance is recommended due to short-term direction uncertainty.