Amazon’s Stock Split | Has NVDA AAPL MSFT GOOGL Finally Bottomed?

TL;DR

This content provides a weekly recap of major tech stocks, including Facebook, Apple, Amazon, Microsoft, and Tesla, along with technical analysis and insights.

Transcript

what is going on investors hopefully guys are doing well out there that is right it is a friday and that means it's time for the bank soccer recap show here on the investor channel where every friday we recap all the major news of the week plus the technicals from all the major fang stocks plus microsoft and tesla we'll kick things off this week li... Read More

Key Insights

• 😀 Tech stocks faced selling pressure due to market downtrends and regulatory concerns.
• 💇 Analysts maintained an overweight rating on Facebook despite a price target cut.
• 🤝 Apple unveiled new products and hinted at a potential NFL Sunday ticket deal.
• 😀 Amazon faced a criminal obstruction of Congress probe, which could impact its stock.
• ❓ Nvidia and Google are consolidating, while Microsoft is being probed for options activity.

Questions & Answers

Q: What factors contributed to Facebook's price decrease during the week?

Facebook faced a price decrease due to a general downtrend in the market, along with concerns over potential regulations and a price target cut. However, analysts still maintain an overweight rating on the stock, suggesting potential upside.

Q: What were the key announcements made by Apple during the week?

Apple announced the iPhone SE, which is aimed at a more affordable market segment, and hinted at a potential NFL Sunday ticket deal. The company also unveiled a new iPad Air with advanced features.

Q: Why did Amazon's stock remain flat despite a stock split and share buyback announcement?

The stock split and share buyback announcement did not significantly impact Amazon's stock price. Investors might be more focused on Amazon's potential criminal obstruction of Congress probe and regulatory concerns.

Q: What key insights can be derived from the analysis of major tech stocks?

1. Tech stocks, including Facebook and Apple, faced selling pressure during the week due to market downtrends and regulatory concerns.
2. Nvidia and Google are consolidating and facing regulatory scrutiny, while Microsoft is being probed for options activity.
3. Tesla's stock trend is downward, but the company benefits from increasing demand for electric vehicles and could find support at around $700.

Summary & Key Takeaways

• Facebook started the week higher at $199 but ended at $187. The company announced a price target cut but maintained an overweight rating, indicating potential upside.

• Apple started the week higher at $163 and ended at $154. The company announced new products, including the iPhone SE and iPad Air, and hinted at a potential NFL Sunday ticket deal.

• Amazon remained flat, despite announcing a stock split and a $10 billion share buyback. The company is facing a criminal probe for potential obstruction of Congress.

• Nvidia broke support at $228 and is in a downtrend. The stock is consolidating around the $220 level, and further support is seen around $210.

• Google is in sideways consolidation and is facing regulatory scrutiny in the EU over its MGM Studios acquisition.

• Microsoft saw prosecutors probing options activity related to its Activision deal, and the stock is in a downtrend but finding support around $280.

• Tesla is in a downtrend and faced pressure from rising oil prices, but demand for electric vehicles remains strong. Technical analysis suggests the stock could potentially find support around $700.