AI Stocks Midday Pulse — Thursday, June 25, 2026 at 10:40 AM

📊 AI Stocks Midday Pulse — Thursday, June 25, 2026 at 10:40 AM

Indices: SPX 7,355.69 (-0.03%) · NDX/Nasdaq Comp 25,314.29 (-0.64%) · DJI 52,098.02 (+0.48%)
Tone: Choppy — Dow and small-caps lead while the Nasdaq sags. Micron's blowout sparked an early chip pop, but it isn't carrying the broad tech tape.

Movers so far:
• MU ⚠️ +10% — blowout Q3 (rev $41.46B, EPS $25.11) and a ~$50B Q4 guide on the AI/HBM memory supercycle
• QCOM ⚠️ ~+3% — unveiled data-center AI push targeting $15B in new revenue
• Dow / Russell 2000 leading — rotation into cyclicals and small-caps over mega-cap tech
• NVDA / AVGO — flattish; the Micron halo isn't translating into a clean chip-wide rip
• PLTR / IONQ — soft, fading off session highs as high-beta AI names cool

Watchlist:
• MU ~$1,166 (⚠️ up double digits on the day)
• NVDA $200.70 (roughly flat)
• AVGO $389.55 (roughly flat to modestly higher)
• PLTR $106.67 (⚠️ -5.7% off its session high, sitting near the low)
• IONQ $51.35 (⚠️ down vs. $53.60 prior close)
• MSFT, GOOGL, META, AMZN, AAPL, TSLA, AMD, ARM, SMCI, ORCL, SOUN, BBAI, CRM, ADBE, IBM, SNOW, MDB, NET, CRWD, TSM, ASML — trading; live intraday prints not confirmed at this check, so figures withheld rather than estimated

News:
• May PCE ran hot: headline +4.1% y/y (in line), +0.4% m/m — the Fed's preferred gauge keeps rate-hike chatter alive and is weighing on duration-sensitive tech.
• IPO/funding watch: no fresh material headlines on Anthropic or OpenAI this session — neither is publicly traded.