Alphabet and Intel Earnings Reports Focus on AI Trade

GOOGL shares closed at $354.29, trading below both the 20-day SMA ($365.09) and the 50-day SMA ($360.30). The RSI stands at 35, approaching oversold territory but not yet signaling a recovery. The MACD line is below the signal line and moving into negative territory, indicating weak short-term momentum. Although the news headline emphasizes a focus on AI trade, the stock is likely to continue its short-term downtrend due to uncertainty ahead of earnings reports and weakness in technical indicators.

Intel (INTC) shares fell 5.3% in the last 24 hours, closing at $96.98. The RSI at 31.46 is approaching oversold territory, while the MACD line remains below the signal line and in negative territory, confirming weak momentum. The stock is trading well below its 20-day ($102.05) and 50-day ($105.81) moving averages. Although news headlines highlight Alphabet and Intel's focus on AI trade, Intel's current technical weakness and uncertainty ahead of its earnings report suggest that selling pressure may persist in the short term.

GOOG stock is trading at $353.81, below both its 20-day SMA ($363.68) and 50-day SMA ($358.14). While the RSI at 37.1 approaches oversold territory, the MACD remains below the signal line, indicating weak momentum. Despite news headlines emphasizing a focus on AI trade, uncertainty and technical weakness ahead of earnings reports could exert downward pressure in the near term. The price may test the $350 support level.