AI Stocks Close
🔔 AI Stocks Close — Tuesday, November 3, 2026 at 2:15 PM
Closes: SPX 7,568.6 (+0.36%) · Nasdaq Comp 25,373 (+0.83%) · DJI 51,786 (-0.38%)
Day narrative: Election Day split the tape — semis came off the mat and snapped the S&P's three-day skid, while Apple's holiday-margin guidance dragged the Dow into the red. Volume was decent, conviction was thin, and everyone was really just waiting on AMD.
Sectors: Best Technology (+1.31%) · Worst Energy (-0.85%)
Movers:
• ORCL +5.85% — expanded Nvidia partnership put the AI-infrastructure story back in play after a brutal YTD
• AMD +3.65% — pre-earnings relief rally and dip-buying after two ugly sessions
• IONQ +6.46% — quantum names caught the risk-on bid as chips rebounded
• NVDA +2.27% — announced broadened Meta and Oracle deployments
• AAPL -1.90% — record $114.5B September quarter, but holiday gross-margin guidance and soft iPad sales soured it
• PLTR -1.65% — beat on the quarter, US commercial topped government revenue for the first time, yet new-contract pacing spooked buyers
After-hours / Earnings:
• AMD reported a big beat, +6.35% AH to $514.65 — revenue $13.4B (+45%), Data Center a record $8.5B (+97%), non-GAAP EPS $2.09 (+74%), and Q4 guided to roughly $17B against a ~$16.3B Street bar
• SMCI on deck at 5:00 PM ET — pre-announced fiscal Q1 revenue of $18.5–19.5B versus $14.5–15.5B guidance, options implying a ~14% move
Watchlist:
• MU $855.10 (+2.58%)
• NVDA $206.65 (+2.27%)
• MSFT $520.99 (+2.74%)
• GOOGL $280.03 (+0.37%)
• META $621.03 (+2.36%)
• AMZN $250.69 (+2.06%)
• AAPL $331.90 (-1.90%)
• AMD $483.90 (+3.65% day, +6.35% AH)
• TSLA $398.50 (-1.32%)
• PLTR $175.40 (-1.65%)
• ARM $202.49 (+2.90%)
• SMCI $31.39 (+3.12%)
• ORCL $126.19 (+5.85%)
• SOUN $4.12 (+0.73%)
• IONQ $29.99 (+6.46%)
• BBAI $2.53 (-1.94%)
• AVGO $332.13 (+3.07%)
• CRM $222.20 (-1.76%)
• ADBE $246.14 (-2.12%)
• IBM $250.04 (-0.98%)
• SNOW $295.04 (+1.50%)
• MDB $335.37 (+1.50%)
• NET $273.62 (+3.19%)
• CRWD $244.68 (+1.19%)
• TSM $404.80 (+1.55%)
• ASML $1,552.14 (+1.70%)
Macro:
• JOLTS job openings held at 7.5 million for September — the "low hire, low fire" labor market again
• ISM manufacturing at 55.5, a tenth straight month of expansion
• 10-year Treasury yield up about 6 basis points to ~4.96%
• Brent crude near $104 on chatter about progress toward a US-Iran diplomatic deal
• Midterm voting underway; traders eyeing policy read-through for pharma, housing and data centers
• IPO watch: Anthropic's listing is reportedly targeting mid-November with investor valuation marks trimmed to ~$1.5–1.6T from near $2T, while OpenAI's round was cut to roughly $20B at a $1.25T valuation. AMD named both as customers deploying its newest infrastructure.
Tomorrow: McDonald's before the open; Qualcomm and Arm after the close. Data brings ADP private payrolls at 8:15 AM ET (67K expected versus 90K prior), trade balance, ISM services PMI at 10:00, and EIA oil inventories. Election results will also be fully digested by the open.