AI Stocks Midday
📊 AI Stocks Midday Pulse — Wednesday, July 1, 2026 at 10:30 AM
Indices: SPX 7,508 (+0.12%) · NDX ~26,175 (−0.15%) · DJI 52,443 (+0.24%)
Tone: choppy — split tape, chips getting sold, software bid
Movers so far:
• META +9.8% — unveiling "Meta Compute," an AI cloud business to rival AWS, Azure and Google ⚠️
• MU −8.7% — profit-taking hammers memory after a ~300% first-half run ⚠️
• ASML −6.3% / TSM −6.1% — semicap and foundry names dumped in the chip rotation ⚠️
• CRM +5.1% / IBM +4.2% — enterprise software catching a bid as money rotates out of chips ⚠️
• SMCI −3.8% — still bleeding on Taiwan office-raid chip-smuggling probe ⚠️
Watchlist:
• MU $1,054.16 (−8.67%) ⚠️
• NVDA $197.30 (−1.39%)
• MSFT $385.77 (+3.42%) ⚠️
• GOOGL $358.12 (+0.21%)
• META $618.63 (+9.82%) ⚠️
• AMZN $242.51 (+1.75%)
• AAPL $294.41 (+1.74%)
• AMD $553.70 (−4.68%) ⚠️
• TSLA $427.56 (+1.65%)
• PLTR $126.60 (+8.51%) ⚠️
• ARM $344.37 (−2.88%)
• SMCI $28.23 (−3.75%) ⚠️
• ORCL $145.03 (−1.04%)
• SOUN $6.90 (+6.65%) ⚠️
• IONQ $53.92 (+1.24%)
• BBAI $3.77 (+2.59%)
• AVGO $368.84 (−2.36%)
• CRM $164.59 (+5.06%) ⚠️
• ADBE $212.51 (+3.65%) ⚠️
• IBM $292.98 (+4.19%) ⚠️
• SNOW $260.99 (+2.55%)
• MDB $357.04 (+6.29%) ⚠️
• NET $249.30 (+1.64%)
• CRWD $777.57 (+1.89%)
• TSM $448.31 (−6.13%) ⚠️
• ASML $1,864.73 (−6.27%) ⚠️
News:
• Traders are ringing the register on chips to kick off H2 after the S&P's best first half since 1991 — the pain is concentrated in memory and semicap gear (MU, ASML, TSM), while software and enterprise AI catch the rotation.
• IPO watch: Anthropic filed a confidential draft S-1 on June 1 alongside a reported $65B round near a ~$965B valuation, eyeing a possible fall-2026 debut; OpenAI is said to be pushing its IPO to 2027. Neither trades publicly yet.