AI Stocks Close
🔔 AI Stocks Close — Friday, November 6, 2026 at 2:15 PM
Closes: SPX 7,376.86 (+0.31%) · NDX 24,579.42 (+1.09%) · DJI 51,285.73 (-0.46%)
Day narrative: Dip buyers walked into the wreckage of Thursday's $3 trillion AI rout and bid the chips back up, with semis clawing back roughly two-fifths of what they lost. The Dow couldn't come along for the ride — and even with Friday's bounce, this was the worst week for stocks since early June.
Sectors: Best Technology (+2.0%) · Worst Energy (-12% on the week, the fleet's real casualty)
Movers:
• AMD +11.0% — biggest chip snapback of the day, erasing a chunk of Thursday's 9%+ gash
• IONQ +23.3% — record $173.8M quarter and full-year guidance lifted to $505–515M
• NET +9.9% — Q3 revenue up 39% to $782.5M, fastest growth in nearly four years
• TSM +6.2% — reports it's weighing a move into memory after Nvidia reportedly asked
• ASML +5.0% — customers lining up for delivery slots into 2029–2030
• CRM -3.9% — acquisition spree (Braze, Cresta, Rune) has investors questioning timing and price
After-hours / Earnings:
• Quiet tape — no major AI names reported after the bell. Movement across the watchlist is sub-1% across the board.
Watchlist:
• MU $690.43 (+5.19%, +0.51% AH)
• NVDA $186.71 (+2.81%, +0.32% AH)
• MSFT $530.62 (-0.99%)
• GOOGL $284.68 (+0.75%)
• META $610.15 (+0.84%)
• AMZN $259.42 (-0.30%)
• AAPL $342.42 (-0.51%)
• AMD $449.03 (+11.04%)
• TSLA $358.20 (+4.22%)
• PLTR $160.35 (+3.46%, +0.10% AH)
• ARM $174.55 (+4.70%)
• SMCI $28.76 (+6.19%, +0.26% AH)
• ORCL $116.06 (+0.78%)
• SOUN $4.11 (-3.64%, -0.37% AH)
• IONQ $32.60 (+23.34%, +0.71% AH)
• BBAI $2.22 (0.00%)
• AVGO $293.34 (+0.62%)
• CRM $213.65 (-3.94%, +0.14% AH)
• ADBE $239.27 (-2.91%, -0.11% AH)
• IBM $244.84 (-0.92%)
• SNOW $276.00 (+2.40%, -0.06% AH)
• MDB $312.97 (+2.75%)
• NET $268.67 (+9.88%, +0.24% AH)
• CRWD $216.96 (-0.11%, +0.05% AH)
• TSM $375.13 (+6.24%, +0.07% AH)
• ASML $1,424.25 (+4.98%, +0.26% AH)
Macro:
• October payrolls came in hot — 165,000 jobs versus a 65–70K consensus; unemployment 4.1% against 4.2% expected; wages +3.1%, finally matching inflation. Treasury yields pushed higher on the print.
• Thursday's selloff was triggered by Democrats' congressional sweep and the read-through for AI and data-center regulation. Friday was the market deciding that panic was overdone, not resolved.
• IPO watch: Anthropic's listing — targeted for the week of November 16, potentially up to $100B raised — is getting marked down. Prospective buyers are now talking $1.1–1.3 trillion versus the $1.5–2 trillion floated before the rout. OpenAI's CFO said Friday the company's still eyeing a 2027 debut and will keep spending on data centers regardless of the election outcome. Neither trades publicly yet.
Tomorrow: Markets are closed over the weekend. Monday kicks off a 169-company earnings week with wholesale trade data, and Tuesday is the one that matters — October CPI, with headline expected at +0.3% month-over-month and core at +0.2%. Cisco, Applied Materials, CoreWeave and Rocket Lab headline the reports. PPI lands Friday.