Apple Receives Approval to Use Alibaba's Qwen AI Model in China
📊 AAPL — Piyasa Yorumu
▲ up · 60%Apple's approval of Alibaba's Qwen AI model in China is a positive development as it has the potential to overcome regulatory hurdles in the region. Technical indicators are neutral, with the RSI around 50 and the MACD below the signal line, while the price is balanced between the SMA20 and SMA50. The news could trigger an upward move in the short term, but the upside may be limited due to weak momentum. Investors are expected to view this news positively in terms of Apple's growth potential in the Chinese market.
📊 BABA — Piyasa Yorumu
▲ up · 65%The news indicates a positive collaboration signal for BABA as Apple has approved Alibaba's Qwen AI model in China. On the technical indicators, the RSI is in the neutral-positive zone at 60, while the MACD remains positive although it is below the signal line. The price is trading just below the SMA20 but above the SMA50, suggesting a medium-term upward trend. In the short term, supported by this news, the price has the potential to break above the SMA20, but the weakening MACD warrants caution.