White House Adviser Hassett: AI Bubble Concerns Are Serious

The news indicates that AI bubble concerns are being taken seriously, which could reduce short-term risk appetite for AI-focused tech stocks like GOOGL. However, the technical picture is mixed: the price is below the SMA20 but above the SMA50, the RSI at 46 is neutral, and the MACD is slightly above the signal line. Therefore, the impact of the news may be limited and volatile; additional confirmation is needed for strong selling pressure. In the short term, a slight downward trend is expected, while a strong bearish signal is weak.

NVDA fell sharply by more than 10% in 24 hours to 186.68 and is trading below its SMA20/SMA50, indicating a weak short-term trend. Although RSI at 35.97 is approaching oversold territory, no reversal signal has yet emerged; MACD remains in negative territory and slightly above its signal line. A White House adviser's statement that 'AI bubble concerns are serious' could distort perceptions of AI-focused valuations and suppress risk appetite for high-beta stocks like NVDA. Since the news does not contain a direct regulatory or earnings impact, its effect may be limited; however, combined with existing technical weakness, the probability of downward pressure over the next 1-3 days is higher. Given that oversold conditions could trigger short-term bargain hunting, one should not be overly bearish on the decline.

The news indicates that concerns about an AI bubble are being taken seriously, and such statements could weaken risk appetite in AI-focused stocks. AMD has already fallen 8.9% in 24 hours, with an RSI of 45.8 in the neutral-weak zone, and the price is just below the SMA20 and significantly below the SMA50. Although the MACD is negative and above the signal line, staying below the zero line suggests the recovery is weak. In the short term, news-driven selling pressure may continue; however, some of the decline may already be priced in, so the direction is down but confidence is limited. For 1-3 days, a slight downward bias, with the 440-445 band to be watched as support.