AI Stocks Midday
📊 AI Stocks Midday Pulse — Wednesday, July 15, 2026 at 10:30 AM
Indices: SPX 7,534 (+0.2%) · NDX 29,450 (+0.8%) · DJI 52,490 (flat)
Tone: risk-on
Movers so far:
• ASML +6.0% ⚠️ — Q2 blowout; raised 2026 guidance for the second time to €43–45B on surging AI chip demand — biggest single-stock AI validator of the quarter
• ADBE –4.3% ⚠️ — IBM warned enterprise clients are cutting software budgets to fund AI hardware and cybersecurity; software sector taking the hit
• AMD +2.6% — KeyBanc raised price target to $725 (Street high); BofA to $620; AI deal wins with Meta and OpenAI powering sentiment
• CRM +1.6% — bounced off IBM-driven morning dip; volatile session for enterprise software names broadly
• CRWD holding ~$211 near all-time high — direct beneficiary of IBM's spending-shift thesis; cybersecurity is where the money's going
Watchlist:
• MU $976 (~–0.7%) — ASML halo is bullish for memory; holding steady
• NVDA $210 (~flat)
• MSFT $386 (+0.6%)
• GOOGL $357 (+1.1%)
• META $661 (~flat)
• AMZN $247 (~flat)
• AAPL — quote unavailable
• AMD $548 (+2.6%)
• TSLA $399 (~flat)
• PLTR $131 (~flat)
• ARM — quote unavailable
• SMCI — 56% off 52-week high; no live quote
• ORCL $131 (~flat)
• SOUN $6.65 (~flat)
• IONQ ~$38 (down sharply this month; sell-side PT $68, stock lagging)
• BBAI $3.10 (~flat)
• AVGO $389 (~flat)
• CRM $199 (+1.6%)
• ADBE –4.3% ⚠️
• IBM — earnings miss; no live quote
• SNOW — lower, software drag
• MDB — lower, software drag
• NET — higher with cybersecurity group
• CRWD $211 (~flat after yesterday's +12%) ⚠️ (yesterday's move)
• TSM — quote unavailable
• ASML +6.0% ⚠️ (Amsterdam: €1,648)
News:
• PPI fell 0.3% in June vs. estimates of flat — second straight cool inflation print after Tuesday's CPI; rate-cut narrative getting louder
• Anthropic confidentially filed for IPO at ~$965B valuation; OpenAI filed a week later at ~$852B — both targeting a fall Wall Street debut 📌 IPO Watch (not yet public)