AI Stocks Midday
📊 AI Stocks Midday Pulse — Tuesday, July 14, 2026 at 10:30 AM
Indices: SPX 7,543 (+0.37%) · NDX ~22,040 (+0.9%) · DJI ~46,190 (-0.15%)
Tone: risk-on — CPI surprise is doing the heavy lifting; chips are the wild card
Movers so far:
• IBM -24.9% — catastrophic Q2 pre-announcement; revenue $17.2B vs $17.85B expected; CEO admitted teams "did not adapt quickly enough" as enterprise shifted spend to AI servers and memory ⚠️
• CRWD +9.1% — AI security demand surge; UBS raised PT to $235, Benchmark to $230; first full session bounce after post-split pullback
• MU +4.8% — KeyBanc PT hike to $1,750 and Citi $1,400 upside catalyst watch; AI DRAM pricing thesis accelerating ⚠️
• ARM -5.8% — semiconductor rotation selling; odd divergence given AI tailwinds ⚠️
• AVGO -4.0% — dragged by broad chip sector pressure despite strong fundamentals ⚠️
Watchlist:
• MU ~$1,262 (+4.8%) ⚠️
• NVDA ~$205 (-1.2%)
• MSFT ~$510 (+0.8%)
• GOOGL ~$221 (+0.7%)
• META ~$815 (+1.1%)
• AMZN ~$249 (+0.9%)
• AAPL ~$300 (+0.5%)
• AMD ~$530 (-0.8%)
• TSLA $393.06 (~-1.5%)
• PLTR ~$128 (~flat)
• ARM ~$188 (-5.8%) ⚠️
• SMCI ~$53 (~flat)
• ORCL ~$152 (~+0.4%)
• SOUN ~$8.40 (-2.3%)
• IONQ ~$22 (-1.5%)
• BBAI ~$3.80 (~flat)
• AVGO $384.05 (-3.98%) ⚠️
• CRM ~$282 (+1.2%)
• ADBE $205.02 (-0.4%)
• IBM $218.10 (-24.9%) ⚠️
• SNOW ~$166 (+1.8%)
• MDB ~$342 (+1.2%)
• NET ~$131 (+2.1%)
• CRWD $203.85 (+9.1%) ⚠️
• TSM $421.58 (-2.9%)
• ASML ~$921 (-0.5%)
News:
• June CPI +3.5% YoY vs +3.8% expected; core +2.6% vs +2.9%; monthly drop -0.4% — biggest single-month decline since April 2020. Fed's wait-and-see stance just got a lot easier to defend.
• US-Iran: strikes carried out overnight; Iranian Gulf shipping blockade takes effect 4 PM ET today — oil already jumpy, watch energy prices into the afternoon.
• Anthropic (private): confidentially filed for IPO at $965B valuation. OpenAI also filed but now weighing delay into 2027 after SpaceX's rocky debut.