US Tech Giants Lay Off 140,000 While Investing $795 Billion in AI

While the news emphasizes the scale of artificial intelligence investments, layoffs are creating uncertainty. NVDA shares are trading at $206.96, with a 24-hour change limited to 0.34%. The RSI is at 46, in neutral territory, while the MACD is below the signal line, indicating weak momentum. The price is trading below the SMA20 ($209.86) and SMA50 ($207.42), limiting upward movement in the short term. Given the mixed impact of the news, direction is difficult to determine, so a neutral stance is recommended.

MSFT shares have fallen 4.3% in the last 24 hours, with the RSI approaching oversold territory at 36.4. News headlines highlight that major tech companies are conducting significant layoffs despite heavy investments in artificial intelligence. This situation may shift investor focus toward cost-cutting measures and profitability concerns. The MACD line remains below the signal line and in negative territory, indicating weak short-term momentum. The price trading below both the 20-day and 50-day moving averages technically supports a bearish trend. However, the RSI nearing oversold levels also suggests the possibility of a short-term buying rebound.

GOOGL shares have dropped 8.3% over the past 24 hours to $319.77, pushing the RSI to 29.65, firmly in oversold territory. The MACD indicator remains negative and below its signal line, confirming weak short-term momentum. News headlines highlight that major tech firms are conducting large-scale layoffs despite heavy investments in artificial intelligence, reinforcing perceptions of sector uncertainty and cost pressures. The price has slipped below the 20-day simple moving average of $327.52; failure to reclaim this level could sustain selling pressure. While short-term technical indicators signal oversold conditions, the bearish trend may persist due to negative news flow and weak momentum.

Amazon (AMZN) shares fell 6.5% in the last 24 hours to $232.07, with the Relative Strength Index (RSI) approaching oversold territory at 31.4. Headlines highlight that tech giants are increasing layoffs despite massive AI investments, which could trigger short-term profitability concerns. The MACD line remains below the signal line and in negative territory, indicating continued bearish momentum. Trading below the 20-day simple moving average ($236.43) and the 50-day moving average ($244.59) further weakens the technical outlook. However, nearing oversold conditions could lead to short-term bargain buying, so while bearish expectations remain high, there is a limited probability of neutralization.