AI Stocks Midday Pulse — Friday, June 26, 2026 at 10:33 AM

📊 AI Stocks Midday Pulse — Friday, June 26, 2026 at 10:33 AM

Indices: SPX 7,369.86 (+0.17%) · NDX 25,405.52 (+0.19%) · DJI 51,935.07 (+0.03%)
Tone: choppy — a split tape, with software bid and chips bleeding

Movers so far:
• MDB +6.0% — software names catch a strong bid as money rotates out of AI hardware ⚠️
• PLTR +6.1% — AI-software leader rips higher ⚠️
• IBM +5.5% — pops on sub-1nm chip tech reveal for AI workloads ⚠️
• MSFT +4.5% — rebounds as the OpenAI IPO-delay report pushes cash into established Big Tech ⚠️
• ARM -4.3% — chip/IP names slide on AI-infrastructure cost fears ⚠️

Watchlist:
• MU $1,183.29 (-2.49%) ⚠️ — gives back part of the blowout-earnings pop
• NVDA $194.09 (-0.84%)
• MSFT $368.53 (+4.45%) ⚠️
• GOOGL $343.56 (-0.04%)
• META $555.38 (+2.30%)
• AMZN $231.52 (+1.98%)
• AAPL $275.82 (+0.24%)
• AMD $519.04 (-2.54%)
• TSLA $383.55 (+2.25%)
• PLTR $113.85 (+6.13%) ⚠️
• ARM $332.67 (-4.33%) ⚠️
• SMCI $30.49 (-3.77%) ⚠️
• ORCL $150.60 (-1.22%)
• SOUN $6.49 (+4.43%) ⚠️
• IONQ $51.38 (+1.62%)
• BBAI $3.38 (-0.73%)
• AVGO $371.58 (-1.94%)
• CRM $151.54 (+0.89%)
• ADBE $201.00 (+3.93%) ⚠️
• IBM $272.39 (+5.47%) ⚠️
• SNOW $237.21 (+4.47%) ⚠️
• MDB $311.66 (+5.97%) ⚠️
• NET $222.39 (-1.88%)
• CRWD $675.00 (-0.54%)
• TSM $424.00 (-2.62%)
• ASML $1,778.77 (-3.39%) ⚠️

News:
• OpenAI reportedly weighing a delay of its mega-IPO to 2027 to chase a $1T valuation — the report sank SoftBank ~12% overnight and is pressuring chip names (NVDA, AMD, AVGO, ARM, TSM, ASML). Anthropic and OpenAI remain private; flagged as funding/IPO watch only.
• Hot May PCE keeps a Fed rate hike on the table, adding to this week's AI-valuation jitters; memory-cost fears persist after Apple's MacBook/iPad price hikes and Micron's blowout quarter.