AI Financing Boosts Convertible Bond Sales in the US

NVDA shares fell 6.3% in the last 24 hours to $220.63. The RSI is approaching the oversold zone at 43, while the MACD remains below the signal line in negative territory. Trading below the 20- and 50-day moving averages indicates short-term weakness. Although news headlines highlight increased AI funding, the deterioration in technical indicators and the recent price decline appear more dominant. Therefore, the likelihood of continued downward movement in the short term is high.

AMD shares have lost more than 7% in the last 24 hours and are trading well below the 50-day moving average. While the RSI at 44 is near neutral territory, the MACD remains in negative territory and below the signal line. Although news headlines point to an increase in AI funding, this may not translate into a direct demand boost for AMD in the short term. Weakness in technical indicators and the recent price decline suggest that downward pressure could persist in the near term.

Microsoft (MSFT) shares rose nearly 2% in the last 24 hours, closing at $417.56. The RSI stands at 48, indicating a neutral zone with no overbought or oversold signals. While the MACD line remains below the signal line, the gap is narrowing, suggesting a gradual recovery in momentum. The price is trading below the 20-day simple moving average ($421.76) but above the 50-day moving average ($414.07). News of increased convertible bond sales for AI financing points to a favorable funding environment for tech giants, potentially providing short-term support for MSFT.

GOOGL shares fell over 3% in the last close to 387.70. Although the RSI at 37.7 approaches oversold territory, the MACD line remains below the signal line and in negative territory, confirming weak momentum. The price is trading below both the 20-day and 50-day simple moving averages (395.42 and 395.16, respectively), which negatively impacts the short-term technical outlook. While news headlines point to an increase in AI financing, this reflects a sector-wide liquidity flow rather than a direct catalyst for GOOGL. Given the weakness in technical indicators and the price remaining below key averages, downward pressure is expected to persist in the short term.