AI Stocks Close
🔔 AI Stocks Close — Friday, July 10, 2026 at 2:15 PM
Closes: SPX 7,543 (+0.81%) · NDX 29,618 (+1.30%) · DJI 52,478 (+0.27%)
Day narrative: The AI trade punched through a sea of red sectors — META's Iris chip confirmation and SK Hynix's $26.5B Nasdaq debut drove chipmakers while nine of eleven S&P sectors quietly bled south.
Sectors: Best Energy (XLE +1.8%) · Worst Materials (XLB -2.6%) · Tech (XLK +1.2%) · Semis (SOX +2.9%)
Movers:
• META +5.46% — Iris AI chip enters production in September; AI cloud pivot erased capex anxiety in one session
• NVDA +3.92% — SK Hynix IPO halo effect; Philadelphia Semiconductor Index surged nearly 3%
• AMD +2.10% — rides the memory-and-chip wave; data center revenue up 57% YoY driving the thesis
• CRWD -5.66% — steepest watchlist drop, ~$11B in market cap gone; no single confirmed catalyst
• MDB -5.48% — software names out of favor despite Needham raising target to $430 today
• PLTR -3.73% — partner Rackspace reported disappointing Q2; AI-gov trade got hit
• ORCL -2.11% — S&P Global downgraded Oracle to lowest investment-grade credit rating
After-hours / Earnings:
• No watchlist earnings tonight — session is quiet. SMCI +0.26% AH; ADBE -0.23% AH; all others within ±0.1%. Next catalyst: ASML Q2 Wednesday July 15.
Watchlist:
• MU $979.30 (-1.24%)
• NVDA $210.74 (+3.92%)
• MSFT $385.10 (+0.19%, AH +0.01%)
• GOOGL $356.51 (-0.66%)
• META $665.93 (+5.46%)
• AMZN $245.34 (-0.69%, AH +0.04%)
• AAPL $315.32 (-0.28%, AH -0.16%)
• AMD $558.23 (+2.10%)
• TSLA $407.76 (+0.30%)
• PLTR $127.29 (-3.73%)
• ARM $326.57 (-0.40%)
• SMCI $27.22 (-1.56%, AH +0.26%)
• ORCL $140.69 (-2.11%)
• SOUN ~$6.56 (~-1.80%)
• IONQ ~$44.77 (~-0.69%)
• BBAI $3.25 (-2.11%)
• AVGO $399.81 (-0.32%)
• CRM ~$156.66 (~-0.80%)
• ADBE $223.64 (+0.44%, AH -0.23%)
• IBM $288.71 (-2.23%)
• SNOW $260.46 (-2.63%)
• MDB ~$343.00 (-5.48%)
• NET ~$248 (~+2.1%)
• CRWD $187.18 (-5.66%)
• TSM ~$478 (~+1.0%)
• ASML ~$1,769 (~-4.0%)
Macro:
• Jobless claims 215K — beat 223K estimate; labor market still solid
• Existing home sales 4.09M — missed 4.19M estimate
• US mulling technical talks with Iran; markets looked past hostility; crude stayed bid, lifted DAL fuel costs
• VIX 15.84 (-6.3%) — fear gauge at its calmest all week
Tomorrow: Markets closed Saturday. Monday re-open. ASML Q2 earnings Wednesday July 15 — flagged raised revenue guidance on AI demand, equipment complex will move on that print. Earnings calendar thin next week otherwise. IPO watch: Anthropic reportedly targeting October listing at ~$965B valuation on $47B revenue run rate; OpenAI (June confidential filing) mulling delay to 2027 after watching SpaceX's post-debut slide from $225 to ~$153 — neither is publicly traded, but both are market-sentiment signposts.