Meta Lays Off Thousands of Employees in AI Push, Shares Dip

The news headline indicates that Meta has laid off thousands of employees during its AI-focused restructuring, causing its shares to fall. This could create general uncertainty in the technology sector and negatively impact AI-related stocks such as NVDA. Technical indicators show the RSI at a neutral level around 52, but the MACD is below the signal line and in negative territory, suggesting short-term weakness. The price is just above the SMA20 and slightly below the SMA50, indicating it is in a resistance zone. The 4.85% decline over the last 24 hours confirms increasing selling pressure. Therefore, a downward movement can be expected in the short term.

The news headline indicates that Meta has laid off thousands of employees during its AI-focused restructuring, leading to a drop in its stock price. This could create broader uncertainty in the technology sector and negatively impact semiconductor companies like AMD. Technically, although AMD's RSI is at 60, the MACD is in negative territory and the price is trading below the 50-day moving average. The 1.16% decline in the last 24 hours confirms short-term weakness. Therefore, a downward movement can be expected in the near term.

Although Meta's layoff decision signals an AI-focused restructuring, in the short term, this could create uncertainty in the technology sector and negatively impact supplier stocks such as TSM. Technically, TSM's last closing price was $400.41, with a daily decline of 4.49%, indicating increased selling pressure. Although the RSI is at 52.27, in neutral territory, the MACD line is below the signal line and in negative territory, suggesting weak short-term momentum. The price is squeezed between the SMA20 (397.13) and SMA50 (401.14), carrying the risk of falling below the 50-day moving average. Therefore, TSM is likely to continue its downward trend over the next 1-3 days.