AI Stocks Midday
📊 AI Stocks Midday Pulse — Tuesday, August 18, 2026 at 10:30 AM
Indices: SPX 7,702 (-0.56%) · NDX 29,437 (-1.86%) · DJI 53,375 (-0.16%)
Tone: Risk-off — narrow damage, but it's concentrated right where the AI trade lives.
Movers so far:
• ARM -8.1% — worst of the chip complex, no company-specific catalyst; pure multiple compression
• MU -7.2% — sharp reversal after breaking $1,000 yesterday; memory momentum trade unwinding fast
• AMD -5.5% — giving back a slice of a 130% YTD run as yields bite
• ASML -4.6% / TSM -4.1% — semicap and foundry dragged down with the group
• ADBE +4.5% and CRM +3.5% — money rotating out of silicon and into software
Watchlist:
• MU $938.50 (-7.24%) ⚠️
• NVDA $219.51 (-2.44%)
• MSFT $481.76 (+0.29%)
• GOOGL $343.89 (-0.03%)
• META $551.06 (-3.15%) ⚠️
• AMZN $261.17 (-0.05%)
• AAPL $310.49 (+1.60%)
• AMD $478.01 (-5.53%) ⚠️
• TSLA $337.40 (-0.56%)
• PLTR $172.07 (-0.28%)
• ARM $249.55 (-8.06%) ⚠️
• SMCI $36.59 (-4.41%) ⚠️
• ORCL $143.92 (-1.86%)
• SOUN $7.03 (-0.14%)
• IONQ $45.12 (-3.67%) ⚠️
• BBAI $3.18 (-0.93%)
• AVGO $380.66 (-3.00%) ⚠️
• CRM $197.73 (+3.54%) ⚠️
• ADBE $265.41 (+4.47%) ⚠️
• IBM $232.34 (+1.53%)
• SNOW $324.24 (-1.78%)
• MDB $439.15 (+0.10%)
• NET $299.36 (-2.49%)
• CRWD $211.50 (-1.12%)
• TSM $413.38 (-4.08%) ⚠️
• ASML $1,797.41 (-4.55%) ⚠️
News:
• Long end is the story: 10-year at 4.70%, 30-year at 5.30% — a 19-year high. That's what's squeezing high-multiple tech.
• US-Iran tensions pushed Brent to two-week highs near $91, WTI above $84, reviving inflation chatter. Separately, 50% Canadian tariffs are set to hit at midnight absent a deal.
• AI IPO watch: OpenAI is eyeing a Q4 listing after filing confidentially in June; Anthropic last raised at a $965B valuation in May. Neither trades publicly yet.