AI Stocks Close
🔔 AI Stocks Close — Monday, October 26, 2026 at 2:15 PM
Closes: SPX 7,676.77 (+0.70%) · NDX/Comp 26,169.38 (+0.82%) · DJI 52,361.58 (+0.28%)
Day narrative: Anthropic dropped its S-1 and the AI trade woke straight up — semis ripped, with the iShares Semiconductor ETF up nearly 3% on the session. Breadth was decent, but the tape was lopsided: chips and AI infrastructure carried it while communication services dragged.
Sectors: Best Information Technology (+1.50%) · Worst Communication Services (-1.42%)
Movers:
• TSLA +5.2% — Barclays upgraded to Overweight, target to $450 from $370, explicitly pricing in a SpaceX merger premium plus robotaxi miles
• ARM +6.2% — favorable jury outcome in the Qualcomm licensing fight and AGI CPU demand confidence
• RRC +16.0% — EQT agreed to buy Range Resources in an all-stock deal valued north of $50B including debt
• META -1.9% — announced a plan to raise up to $95B in stock, $35B underwritten plus a $60B ATM, with NVDA, AMD and AVGO eyeing up to $5B as cornerstone buyers. First new Meta equity since 2013
• NFLX -4% — engagement worries outweighed an earnings beat, dragging XLC to its lowest since June 2025
• FICO -14.5% — biggest S&P decliner of the day
After-hours / Earnings:
• CDNS beat and raised, $322.17 close (+1.8%), +2.4% AH to ~$330 — FY revenue growth outlook up to 21%, record $8.2B backlog
• CLS closed $246.65 (-5.1%) but bounced +1.8% AH to ~$251 ahead of its 8:00 AM ET call
• Also out tonight: RMBS, AMKR, NUE. Regional-bank prints skewed to beats; Bank of Hawaii fell about 7% on a miss
Watchlist:
• MU $903.67 (+2.98%)
• NVDA $216.02 (+2.40%, +0.05% AH)
• MSFT $532.60 (+1.54%)
• GOOGL $316.80 (-1.06%)
• META $630.56 (-1.88%)
• AMZN $249.03 (+0.42%)
• AAPL $344.02 (-1.07%)
• AMD $531.28 (+2.80%, -0.13% AH)
• TSLA $391.62 (+5.21%)
• PLTR $198.84 (+1.06%, -0.12% AH)
• ARM $223.35 (+6.19%)
• SMCI $32.69 (-0.76%)
• ORCL $126.06 (-0.08%)
• SOUN $4.24 (-4.29%)
• IONQ $30.76 (-1.63%)
• BBAI $2.12 (-0.93%)
• AVGO $329.17 (+2.33%)
• CRM $247.61 (-0.39%)
• ADBE $258.62 (-1.97%)
• IBM $253.44 (-0.05%)
• SNOW $334.95 (+2.93%)
• MDB $389.11 (+4.86%)
• NET $331.86 (+1.88%, -0.26% AH)
• CRWD $261.83 (+1.65%)
• TSM $424.37 (+1.40%, +0.15% AH)
• ASML $1,590.90 (+1.22%)
Macro:
• FOMC meeting kicks off tomorrow, decision Wednesday at 2:00 PM ET. Roughly 91% market-implied odds of a hold at 3.75%–4.00%; a Reuters poll had 94 of 100 economists on hold. December is where the hike debate actually lives
• Crude softened into the close
• IPO watch: Anthropic filed its S-1 with the SEC to list on Nasdaq under ticker ANT — $16.3B first-half revenue, share count and range still blank. Roadshow could start the week of Nov. 9, trading as soon as Nov. 16. Reports peg a raise as large as $100B. No OpenAI headlines of consequence today
• Amazon's Jassy reiterated AWS capacity is essentially sold out through 2027
Tomorrow: Before the open — KO, BA, UPS, PYPL, GLW, FCX, SOFI, CNC. After the close — V, HOOD, STX, ENPH, FFIV, WM, OKE, and watchlist name BBAI reports Q3. Fed day one. MSFT, GOOGL and ORCL's investor day all land Wednesday; AMZN Thursday.