It looks like the AI data center trade might be cooling off, but the biggest names in the market are holding up surprisingly well.
While some AI infrastructure stocks are under pressure, these leaders are holding key levels:
$Apple(AAPL)$ is breaking to new all-time highs with strong momentum.
$Amazon.com(AMZN)$ is holding its 200-day SMA, bouncing with strength, and continuing to grind higher.
$Meta Platforms, Inc.(META)$ is breaking out of a major downtrend, reclaiming the 200-day SMA, and building above support.
$Microsoft(MSFT)$ is showing signs of a potential bottom as investors position ahead of earnings.
$Alphabet(GOOGL)$ is pulling back slightly, but the overall structure still looks strong.
It's hard to get fully bearish when the world's largest companies keep showing strength even during a major sector unwind. Patience seems to be the key here.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
