Microsoft Xbox CEO: Business Not Healthy, 3,200 Layoffs Coming

The news points to a serious operational problem in the Xbox business unit, which could negatively impact Microsoft's growth expectations in its gaming segment. Although the RSI is at 55, indicating a neutral zone, the MACD has fallen below the signal line, which may be interpreted as a short-term weakness signal. While the price is just above the 20-day moving average, the effort to hold at this level appears weak. Selling pressure may emerge at the opening tomorrow due to the news, and a pullback toward the $380 level could occur in the short term. However, since the cost-reducing effect of layoffs could be positive in the medium term, the decline is expected to be limited.

ORCL shares closed 0.89% lower, with the RSI at 47.9, indicating a neutral zone. The MACD line is below the signal line and in negative territory, pointing to short-term weakness. While the price remains above the 20-day moving average (143.47), it is trading below the 50-day moving average (147.71). News of layoffs at Microsoft's Xbox division could create a perception of broader weakness in the tech sector, potentially weighing on major tech stocks like ORCL. The likelihood of continued selling pressure in the near term is high.