AI Stocks Close
🔔 AI Stocks Close — Friday, September 25, 2026 at 2:15 PM
Closes: SPX 7,742 (+0.5%) · Nasdaq Comp 27,074 (+0.5%) · DJI 51,812 (+0.9%)
Day narrative: A grinding, rotational Friday that finished green across the board, with the Dow snapping a three-week losing streak. Softer oil took the inflation edge off, but a 10-year yield at 5.18% kept anyone from celebrating too hard.
Sectors: Best Technology (mega-cap software led) · Worst Energy (crude broke down ~3% on Iran nuclear headlines)
Movers:
• MSFT +3.63% — Copilot super-app overhaul (Home, Code, Autopilot); Azure past $100B annual revenue, 30M paid Copilot seats, Stifel upgrade to Buy
• META -3.33% — gave back Thursday's pop as the Muse compute-capacity question and the AI-glasses rollout plan spooked the "who pays for this" crowd
• SMCI +4.19% — AI server demand plus continued NVIDIA rack shipments
• ORCL -1.75% — invoked force majeure on Project Jupiter, its New Mexico AI data center; execution worries followed
• CRWD -2.90% / NET -2.73% — high-multiple security names sold into the yield backup
• Shopify +11.4% and PayPal +4.64% — agentic-commerce winners after striking deals to process Muse transactions
After-hours / Earnings:
• No material earnings after the bell — AH tape is essentially flat (NVDA -0.01%, MSFT +0.03%, ASML -0.04%, BBAI -0.36%, CRM -0.03%)
Watchlist:
• MU $1,082.28 (+0.16%)
• NVDA $225.07 (+0.22%, -0.01% AH)
• MSFT $516.00 (+3.63%, +0.03% AH)
• GOOGL $343.92 (+0.46%)
• META $751.66 (-3.33%)
• AMZN $249.66 (+0.11%)
• AAPL $341.07 (+1.53%)
• AMD $630.59 (+0.21%)
• TSLA $372.11 (-1.54%)
• PLTR $189.67 (-1.52%)
• ARM $310.32 (+1.30%)
• SMCI $43.25 (+4.19%)
• ORCL $137.10 (-1.75%)
• SOUN $6.04 (-0.98%)
• IONQ $45.48 (+1.11%)
• BBAI $2.80 (flat, -0.36% AH)
• AVGO $352.81 (+0.70%)
• CRM $234.08 (-1.74%, -0.03% AH)
• ADBE $235.47 (-1.45%)
• IBM $225.45 (-0.71%)
• SNOW $335.94 (+0.58%)
• MDB $410.44 (-2.60%)
• NET $349.02 (-2.73%)
• CRWD $252.13 (-2.90%)
• TSM $450.61 (-0.12%)
• ASML $1,743.94 (+1.24%, -0.04% AH)
Macro:
• 10-year Treasury yield 5.18% — highest since the financial crisis; 30-year mortgage at 7.49%, up 30bp on the week
• WTI ~$92, Brent under $98 as Strait of Hormuz/Iran negotiation chatter pulled crude lower
• US-China summit produced two new deadlines, including an AI safety summit in Shenzhen in November
• IPO watch: an early Uber investor publicly called both OpenAI and Anthropic "wildly overvalued," with both still expected to debut publicly inside twelve months. Neither is tradable yet — headline risk only. Separately, Amazon opened its seller tools to Anthropic's Claude, Microsoft's Copilot consolidation is explicitly aimed at Claude, and Cloudflare is working with OpenAI on vulnerability management.
Tomorrow: Markets are closed Saturday. Monday reopens into a heavy week — Micron reports Wednesday, September 30 with the Street looking for roughly $31.50 a share against $3.03 a year ago. Also on deck: August PCE and final Q2 GDP Wednesday, ADP and ISM manufacturing midweek, and the jobs report Friday. Yields are the variable that matters.