Major U.S. technology stocks are attempting to rally on Tuesday, building on momentum from the prior session.
MSFT: Microsoft tests gap support; potential relief to AI spending
Microsoft looks as if it is trying to turn things around after recent weakness. The stock is currently testing the top of a prior gap, which could offer near‑term support. Over the longer term, traders are looking for relief from heavy AI‑related spending. A drop and subsequent bounce could see the shares aim for the $450 level, though price isn’t there yet. For now, participation from the broader market may help determine whether this gap acts as a floor.
Source: TradingView
Alphabet Inc. (GOOG): Google grinds higher ahead of earnings
Alphabet’s Class C shares continue to trend higher in a healthy, grinding uptrend. The stock is poised to test the $360 area and could run even further given enough time. Short‑term pullbacks toward the 50‑day EMA (around $316) offer potential buying opportunities. Earnings are due after the bell on Wednesday, so volatility is likely, but over the longer term the market still sees plenty of buyers.
Source: TradingView
AAPL: Apple continues its long‑term uptrend after a monstrous day
Apple shares gained more than 4 % on Monday, and Tuesday’s pullback is likely to attract buyers. The company is being rewarded for its measured approach to AI investment, and investors may also be eyeing the upcoming ex‑dividend date, which offers a modest $0.26 dividend. The price remains above the 50‑day EMA, underscoring the longer‑term uptrend. Dips may continue to be bought as the stock attempts to resume its climb.
Source: TradingView
