AI Stocks Close
🔔 AI Stocks Close — Thursday, July 9, 2026 at 2:15 PM
Closes: SPX 7,543.64 (+0.81%) · NDX 29,673.74 (+1.44%) · DJI 52,487.41 (+0.27%)
Day narrative: Semiconductors staged a decisive comeback on Micron's $3 billion domestic investment pledge, lifting the Nasdaq well clear of Tuesday's damage. Iran tensions simmered all day, but for once the chip sector just didn't care.
Sectors: Best Technology (+2.8%) · Worst Consumer Staples (-1.2%)
Movers:
• ARM +11.16% — biggest single-day move on the watchlist; market front-running the July 29 earnings print and repricing AI architecture exposure
• AMD $546.93 +5.71% — AI inference tailwinds turbocharged by the broader semiconductor surge
• META $631.79 +4.80% — extending momentum, AI-driven ad demand story intact
• MU $992.03 +4.56% — the day's catalyst; $3B U.S. supply-chain investment announcement sent the whole chip complex higher
• ORCL $143.99 +3.42% — technical rebound plus analyst rethink of its AI infrastructure backlog vs. valuation
• PLTR $132.22 -4.00% — notable laggard despite chips flying everywhere; YTD slide now -29%
• CRM $149.60 -1.44% — record 14th consecutive daily loss; valuation pressure unrelenting
After-hours / Earnings:
• WDFC (WD-40) Q3 2026 results landed at ~4:05 ET — consensus was $1.56 EPS on $172.8M revenue, reaction still forming; not on the watchlist but the only print tonight
Watchlist:
• MU $992.03 (+4.56%)
• NVDA $202.85 (-0.60%)
• MSFT $384.06 (+0.20%)
• GOOGL $358.65 (-0.90%)
• META $631.79 (+4.80%)
• AMZN $246.99 (+1.40%)
• AAPL $316.06 (+0.90%)
• AMD $546.93 (+5.71%)
• TSLA $406.11 (+3.10%)
• PLTR $132.22 (-4.00%)
• ARM ~$167 (+11.16%)
• SMCI ~$29.10 (+2.56%)
• ORCL $143.99 (+3.42%)
• SOUN ~$7.15 (~+2.5%)
• IONQ ~$38.00 (~+1.5%)
• BBAI ~$6.80 (+3.50%)
• AVGO $401.28 (+3.24%)
• CRM $149.60 (-1.44%)
• ADBE $214.40 (~-0.5%)
• IBM $306.13 (+2.21%)
• SNOW ~$261 (~-0.8%)
• MDB ~$334.68 (~+1.5%)
• NET ~$262 (~-1.6%)
• CRWD $190.64 (~+1.2%)
• TSM ~$448 (~+2.5%)
• ASML ~$1,782 (~+2.0%)
Macro:
• U.S. launched new airstrikes on Iran; Trump signaled no interest in fresh negotiations — geopolitical uncertainty elevated
• Crude oil fell -0.90% to $72.86 despite the war premium — demand fears offset supply-disruption bids
• 10-year Treasury yield 4.56%; 2-year 4.19%; Gold +0.92% to $4,115; Bitcoin +1.75% to $63,005
• Fed: 72.7% probability unchanged at July meeting
• PepsiCo Q2: revenue grew 6% but flagged weakening U.S. consumer; shares -3.25%
• Ionis Pharma: phase 3 trial missed primary endpoint; shares -13.76% — biotech caution re-emerged
• AI IPO watch (not public): Anthropic confidentially filed at ~$965B valuation, $47B revenue run rate, leading global LLM share (31.4%); OpenAI confidentially filed but weighing a push to 2027
Tomorrow: No watchlist earnings on deck; next hard catalyst is ARM's July 29 print. Watch overnight Iran headlines for energy/defense reaction at open. Anthropic IPO chatter continues as a market-sentiment gauge.