Tesla, Microsoft and Oracle Stocks Eye Gains Ahead of Fed Speech
Major technology equities including Tesla, Microsoft, and Oracle demonstrated positive pre-market momentum as traders positioned ahead of an upcoming Federal Reserve speech by Kevin Warsh. Technical setups across the three tech giants suggest buyers are attempting to regain control following recent market noise, though macroeconomic cues and central bank policy expectations remain critical catalysts for sustained upside. Tesla is holding support near the $350 mark, currently testing its 50-day exponential moving average (EMA) with resistance lingering near the declining 200-day EMA at $381, while a drop below $340 would invalidate the near-term recovery. Meanwhile, Microsoft trades firmly above the $500 milestone in an established uptrend, with analysts watching $477 as key support on any speech-induced pullbacks. Oracle is attempting a reversal toward its 50-day EMA at $148, targeting next resistance at $160 despite ongoing market concerns regarding potential AI-related credit risks.