Diageo CEO 'Drastic Dave' Cuts Costs, Reduces Teams by Up to 30%
📊 DEO — Piyasa Yorumu
▼ down · 70%The news includes Diageo's cost-cutting and layoff plans, which could put short-term pressure on the stock. Technical indicators also point to weakness: RSI at 43 is below the neutral zone, the price is below the SMA20, and MACD is below the signal line. A 2.3% decline in the last 24 hours indicates continued selling pressure. However, the SMA50 level (83.41) may act as a nearby support and could limit the pace of the decline. The short-term trend remains bearish.
📊 GOOGL — Piyasa Yorumu
▼ down · 60%Although the news headline belongs to Diageo, no direct impact is expected for GOOGL shares. However, technical indicators present a weak outlook: the price is below both the 20-day and 50-day moving averages, the RSI at 38.8 is in the sell zone, and the MACD is negative and below the signal line. The 3.88% decline over the last 24 hours suggests that short-term selling pressure may continue. Therefore, a downward movement appears more likely in the near term.