US Court Lifts Amazon's Injunction Against Perplexity AI
📊 AMZN — Piyasa Yorumu
▲ up · 60%The court's decision to lift Amazon's ban on Perplexity AI could have a supportive short-term effect on the stock, as it may enable the company to expand its AI collaborations and foster a positive perception in the technology sector. However, with the price having risen over 15% in the last 24 hours and the RSI at 62, the stock is approaching overbought territory, which could limit the pace of further gains. Momentum is weakening as the MACD remains below its signal line, but the price above the SMA20 and strong volume confirm a short-term upward trend. Given the positive news combined with existing technical resistance, a modest 1-2% rise can be expected, though caution is advised against profit-taking.