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Apple INC
$102.65 -0.60%

NASDAQ 100

Microsoft & Amazon Earnings Keep AI Momentum Strong

Microsoft delivered strong cloud and AI-driven growth with Azure +40% YoY, though capex intensity raised margin concerns. Amazon revenue +12% YoY with strong AWS and ads, but heavy layoffs create demand concerns for holiday season. Tech leadership remains intact, but valuations highly sensitive to earnings sustainability.

Key Levels: Support 25,248.9 | Resistance 26,333.7
Investor Takeaway: RSI 83 overbought; MACD flat — strong fundamentals but stretched momentum increases pullback risk.