AI Stocks Close
🔔 AI Stocks Close — Tuesday, August 11, 2026 at 2:15 PM
Closes: SPX 7,757 (+0.05%) · NDX 29,503 (-0.40%) · DJI 54,035 (+0.11%)
Day narrative: A fractured session drew a hard line between AI's winners and its buyers — semiconductors caught a bid while software names buckled under capex-spending anxiety ahead of Alphabet's blockbuster-yet-alarming earnings call after the bell.
Sectors: Best Industrials/Small Caps (+0.54%) · Worst Technology/Software (-0.80%)
Movers:
• GOOGL -3.6% — pre-earnings selling accelerated into the close as traders braced for another capex hike; confirmed after the bell with 2026 guidance lifted to $195–205B and Q2 free cash flow turning negative
• ORCL -3.69% — Oracle caught the same capex-contagion bid, its own $70B infrastructure plan and leveraged balance sheet keeping institutional sellers in command
• NVDA +2.1% — rotated into as software flushed; Nvidia reclaimed $217 on firm semiconductor demand conviction
• MU +1.3% — Micron tagged along with the chip recovery, data-center memory cycle narrative intact
• AMZN +1.32% — decoupled cleanly from the tech selldown on AWS cloud momentum still carrying from July's record quarter
• SMCI flat day → +8.5% AH — barely moved all session, then erupted after hours on a massive EPS beat and chart-topping FY27 guidance
After-hours / Earnings:
• GOOGL beat revenue ($119.8B vs $117B est) and posted a headline EPS boosted by $99B in equity gains, but guided 2026 capex to $195–205B with quarterly spending up 100% YoY and FCF negative — stock -~5% AH
• SMCI Q4 FY2026: EPS $1.62 vs $0.96 est (beat), revenue $11.1B vs $11.6B est (miss), FY27 guidance $65–72B vs $52.5B consensus — stock +8.5% AH
Watchlist:
• MU +1.3% day
• NVDA $217.54 (+2.1% day)
• MSFT ~-0.9% day
• GOOGL $344.68 (-3.6% day, ~-5% AH)
• META ~-1.5% day
• AMZN $278.09 (+1.3% day)
• AAPL ~-0.5% day
• AMD ~$469 (~flat day)
• TSLA $331.42 (+0.2% day)
• PLTR ~+0.3% day
• ARM ~+0.5% day
• SMCI ~$31.50 (flat day, +8.5% AH)
• ORCL ~$145 (-3.7% day)
• SOUN ~+1.0% day (elevated post-Q2 beat/raised guidance)
• IONQ ~flat day
• BBAI ~flat day
• AVGO ~+1.6% day
• CRM ~-1.5% day (software selloff)
• ADBE ~-1.5% day (software selloff)
• IBM ~+1.6% day
• SNOW ~flat day
• MDB ~flat day
• NET ~flat day
• CRWD ~+2.5% day (cybersecurity outperformed)
• TSM ~+0.5% day (Sony JV announcement positive)
• ASML ~+0.5% day
Macro:
• US-Iran Strait of Hormuz impasse kept oil elevated; WTI ~$82, Brent ~$88/barrel
• 10-year yield ~4.70%; gold $4,441; NFIB Small Business Optimism 99.8, highest since August 2025
• 🔭 Anthropic IPO Watch: banker investor meetings ongoing, potential Sept/early Oct launch; $65B Series H at $965B valuation, draft S-1 filed June 1
• 🔭 OpenAI IPO Watch: confidential S-1 filed June 9 at ~$920B valuation; actual listing may slip to 2027
Tomorrow: July CPI at 8:30 ET (consensus +3.4% YoY, down from June's +3.5%); PPI Thursday; Google Pixel 11 hardware launch; SMCI AH reaction digests in pre-market