AI Stocks Close
🔔 AI Stocks Close — Thursday, August 6, 2026 at 2:15 PM
Closes: SPX 7,709 (-0.19%) · NDX ~29,350 (-0.35%) · DJI 53,885 (-0.85%)
Day narrative: A single Dow component in freefall — Honeywell Aerospace down 21.4% on a guidance slash — did most of the index damage today, while rising Treasury yields and a tighter-than-expected labor market kept a lid on enthusiasm. The Nasdaq shrugged it off; Cloudflare's after-hours beat is now the better story.
Sectors: Best Energy (+1.1%) · Worst Industrials (-1.3%)
Movers:
• HONA -21.4% — Honeywell Aerospace cut its 2026 sales growth forecast and issued a weaker EPS outlook; single largest Dow drag of the session
• AMD +7.0% — the market took a full day to correctly price the Q2 beat ($1.66 vs. $1.61 est.) plus a strong $13B Q3 guide; Tuesday night's 8.8% AH drop is fully erased
• MSI +8.5% — Motorola Solutions beat and raised its full-year outlook; industrial tech earnings holding up
• ALB +7.7% — Albemarle topped EPS by $0.51 and cleared revenue estimates; lithium demand thesis not done yet
• PH +7.6% — Parker-Hannifin delivered a clean fiscal Q4; aerospace and motion-control demand firm
After-hours / Earnings:
• NET beat: EPS $0.20 vs. $0.14 est.; revenue $401M (+30% YoY) vs. $394M est.; +8.6% AH — Cloudflare's AI networking story keeps scoring
• ROKU, TTD, DKNG, ABNB reporting AH — results still flowing as of 2:15 PM MT
Watchlist:
• MU ~flat (moved with tape)
• NVDA ~$212 (~-0.2%)
• MSFT ~$493 (~-0.2%)
• GOOGL ~flat
• META ~flat
• AMZN ~flat
• AAPL ~flat
• AMD $518.58 (+7.0%)
• TSLA ~flat
• PLTR ~$160 (~flat; reported earlier this week, still digesting)
• ARM ~flat
• SMCI ~flat
• ORCL ~flat
• SOUN ~$6.50 (consolidating after +24% Aug 5 earnings surge; $61.9M Q2 rev, +45% YoY)
• IONQ ~flat
• BBAI ~$2.85 (~flat; reports Aug 11)
• AVGO ~flat
• CRM ~flat
• ADBE ~flat
• IBM ~flat
• SNOW ~flat
• MDB ~flat
• NET ~flat regular session, +8.6% AH on beat
• CRWD ~flat
• TSM $417.17 (+2.7%)
• ASML ~flat
Macro:
• 10yr yield 4.626% (+0.9 bps) — hawkish signal after strong jobless claims data
• WTI crude $75.75 (+$0.53) — supply picture tightened, energy outperforms
• Gold $4,328.50 (+$23.30) — holding near multi-year highs; macro hedge bid intact
• Weekly jobless claims came in tight; July job cuts dropped — Fed's "no rush" case reinforced
• SpaceX (SPCX) IPO lockup provisions in focus; shares on elevated volume; Q1 earnings report (first as public co.) showed revenue growth but stock has faded from June debut highs
IPO/Funding Watch (not yet public):
• Anthropic: draft S-1 filed June 1 at $965B valuation post $65B Series H; bankers now in active investor meetings — this one has legs
• OpenAI: confidential S-1 on file, ~$920B valuation; CFO Sarah Friar publicly says "not ready"; possible Q4 window if that stance shifts
Tomorrow: Digest NET, ROKU, TTD, DKNG, ABNB results; watch for Fed speaker color after today's tight jobs data; SPCX lockup dynamics continue; Q2 earnings season entering final stretch