SpaceX's Market Cap Surpasses Amazon and Microsoft

The news reports that Microsoft's market capitalization has been overtaken by SpaceX, which could create negative sentiment among investors. Technical indicators also point to weakness: the RSI is at 45, below the neutral zone; the MACD is below zero and, although above the signal line, remains in negative territory. The price is just above the 20-day moving average but well below the 50-day moving average, indicating that even if there is a short-term recovery, the medium-term trend is weak. The 0.85% decline in the last 24 hours confirms selling pressure. The downtrend is expected to continue in the short term.

Although the news headline focuses on SpaceX's valuation, it does not constitute a direct catalyst for AMZN stock. Technical indicators show the RSI approaching overbought territory at 67, suggesting possible short-term profit-taking. While the MACD remains positive and the uptrend continues, momentum may weaken. Following the 4.5% gain in the last session, the impact of the news could be limited. Therefore, short-term direction uncertainty prevails.