Nvidia Halts Revenue-Sharing Deals with AI Cloud Companies

The news that Nvidia has suspended revenue-sharing agreements with AI cloud companies could be perceived as a negative signal for the company's growth prospects. Technical indicators show the RSI above 70, pointing to overbought conditions and increasing the likelihood of a short-term correction. The MACD is positive, but the 8.4% price surge over the last 24 hours may set the stage for profit-taking. Although trading above the SMA20 and SMA50 indicates a strong medium-term trend, the news flow and overbought conditions support a downward move in the short term. Therefore, a bearish tendency can be expected over a 1-3 day horizon.

The news indicates that the suspension of revenue-sharing agreements in the artificial intelligence sector could create uncertainty across the industry. GOOGL's RSI at 39 is in the weak zone, and the MACD is below the signal line, confirming negative short-term momentum. The price has closed below the SMA20 and SMA50, suggesting that the current downtrend may continue. The 2.4% decline over the last 24 hours indicates increasing selling pressure. However, the direct impact of the news on GOOGL may be limited, so I foresee a cautious negative direction rather than a strong bearish expectation.

The news indicates that Nvidia's suspension of revenue sharing with AI cloud companies could negatively impact AI investments across the sector. As MSFT is a major customer of Nvidia, this development may raise concerns about cloud and AI revenue expectations. Technically, RSI is in overbought territory above 70, increasing the likelihood of a short-term correction. MACD is positive, and the price is above the SMA20 and SMA50, but upside momentum may be limited due to the news flow and overbought conditions. Therefore, a slight pullback can be expected in the short term.

The news could negatively impact AI cloud companies and reduce risk appetite in technology stocks such as AMZN. Technical indicators are already weak: RSI at 38.6 is near oversold territory, MACD is below the signal line, and the price is below both the SMA20 and SMA50. A 2.5% decline over the last 24 hours indicates negative short-term momentum. However, since the news does not directly target AMZN, the impact may be limited; therefore, confidence is moderate.