Trump to Consider US Government Taking Stakes in AI Companies

The news carries a positive policy signal for the artificial intelligence sector, potentially benefiting major technology companies such as GOOGL. Technically, the price closed above the 20-day moving average, and the RSI is in neutral territory, indicating room for an upward move in the short term. The MACD line has started to cross above the signal line, suggesting momentum may turn positive. However, since the price remains below the 50-day moving average, the upside may be limited.

NVDA shares have fallen 8% in the last 24 hours, with the RSI entering oversold territory at 28.3. The MACD line is below the signal line and in negative territory, indicating weak short-term momentum. The price is trading below both the 20-day and 50-day moving averages, presenting a technically weak outlook. News headlines may raise concerns about potential regulation or government intervention in the AI sector. In the short term, selling pressure is likely to persist, though some buying on the dip may occur due to the oversold condition.

Microsoft (MSFT) shares have fallen 5.7% in the last 24 hours, with the Relative Strength Index (RSI) dropping to 26.6, indicating oversold conditions. The MACD is below the signal line and in negative territory, suggesting weak short-term momentum. The stock is trading below both its 20-day (424.85) and 50-day (435.18) moving averages. News headlines have raised the possibility of government intervention in the artificial intelligence sector, creating uncertainty that could weigh on the stock. While oversold conditions may signal a short-term rebound, the current technical structure and news-driven uncertainty suggest the bearish trend could persist.

AMZN has closed at $245.97 with a 4.7% decline over the past 24 hours and has entered the oversold region with an RSI of 26.8. As the MACD signal line remains below and in the negative zone, the price is trading below both its 20-day ($251.54) and 50-day ($260.07) moving averages. Although the news headline suggests the possibility of Trump's involvement in AI companies, the uncertainty and potential regulatory concerns may exert pressure in the short term. The weakness in technical indicators and loss of momentum indicate that the downward trend may continue for a few more days. However, the oversold region also brings the possibility of a short-term bounce, therefore, my expectation of a decline is limited to a moderate level of confidence.