Nvidia earnings and Anthropic IPO to test AI trade

NVDA declined 5.6% over the past 24 hours to 166 and is trading below its SMA20 and SMA50, indicating a weak short-term trend. Although RSI at 36.6 is approaching oversold territory, no reversal signal has yet emerged; MACD remains in negative territory and is hovering very close to its signal line. News headlines point to uncertainty-creating events such as earnings and public offerings; investors may reduce risk appetite ahead of such catalysts. Therefore, downward pressure may persist in the 1-3 day outlook, although oversold conditions could limit sharp declines. Confidence level is moderate; the concrete impact of the news may vary depending on earnings details.

The news is not directly specific to GOOGL; it is an uncertainty test for the AI theme through Nvidia's earnings and Anthropic's IPO. GOOGL's technical outlook is positive: the price is above SMA20 and SMA50, RSI at 62 is approaching overbought territory but not yet there, and MACD is positive above its signal. After a 3% rise in 24 hours, there is a risk of short-term profit-taking. AI news flow can be two-way for GOOGL; therefore, I assess the 1-3 day impact as neutral.

AMD rose 15.8% in 24 hours to reach 585.58, with its RSI at 70.6 entering overbought territory, increasing the risk of short-term profit-taking. MACD is positive above its signal line and the price is clearly above SMA20/SMA50, indicating a strong trend. However, the news points not directly to AMD but to sector sentiment via Nvidia's earnings and the Anthropic IPO; as the outcome is uncertain, directional forecasting is weak. Strong momentum and overbought conditions are balancing each other; a volatile course is more likely than a sharp directional move over 1-3 days. If sector news is positive, momentum may continue; if it disappoints, a correction of the rally could be seen.