Nvidia shares fell about 3% in after-hours trading

NVDA had already fallen sharply by more than 10% intraday to 186.68, and an additional 3% of selling pressure after hours confirms the near-term negative bias. Although RSI at 35.9 is approaching oversold territory, there is no bottoming signal yet; MACD is negative and below its signal line, with momentum weak. The price is trading below the SMA20 (192) and SMA50 (201.8), indicating that the short-term trend is downward. Even if bargain-hunting emerges in the 1-3 day window, a limited recovery and continued downside risk are more likely. Still, since oversold conditions raise the risk of a sudden bounce, I am keeping the confidence level at medium.

The news concerns Nvidia directly, not GOOGL; therefore, the impact will be indirect and limited. GOOGL's technical picture is mixed: the price is slightly below the SMA20 but above the SMA50, the RSI at 46 is in neutral territory, and the MACD is negative but above the signal line. The decline in Nvidia could lead to a general reduction in risk appetite for semiconductor and AI-themed stocks, which could slightly weigh on GOOGL. However, since GOOGL's direct exposure to Nvidia is low, the short-term impact is expected to remain limited. Overall, the 1-3 day outlook is neutral; directional uncertainty is high.