Big Tech earnings continue to anchor the index:
• Amazon beat on revenue/EPS; AWS +20% YoY and ads +22% YoY remain key engines. Higher AI/cloud spend ($125B) raised near-term cost concerns.
• Apple beat across iPhone (+13.5% YoY) and services (+13.3% YoY) as consumers accelerated upgrades ahead of expected tariffs.
Key Levels: Support 25,248.9 | Resistance 26,333.7
Investor Takeaway: RSI near 50 with improving MACD buying — strong earnings offset broader macro uncertainty.