AI Stocks Midday
📊 AI Stocks Midday Pulse — Tuesday, September 29, 2026 at 10:30 AM
Indices: SPX 7,662.88 (-0.27%) · NDX 26,786.89 (-0.12%) · DJI 51,188.82 (-0.57%)
Tone: choppy — tech opened green, gave it back, and the Dow's carrying the losses
Movers so far:
• ARM +5.2% — bouncing off yesterday's 7% drubbing as the chip selloff unwinds; SoftBank's $11.1B bond raise helps the backdrop
• ORCL +4.7% — AI backlog story finding bids again after a rough stretch
• ASML +3.0% — riding the semi-equipment rebound alongside ARM
• AAPL -2.2% — the worst of the megacaps today, no clean catalyst
• AMD +0.8% — announced an $8.2B buy of World Labs, Fei-Fei Li's AI startup
Watchlist:
• MU $1,070.65 (+1.58%)
• NVDA $230.34 (+0.65%)
• MSFT $508.81 (-0.08%)
• GOOGL $339.55 (-0.93%)
• META $718.88 (+0.46%)
• AMZN $247.00 (+0.35%)
• AAPL $330.96 (-2.20%)
• AMD $612.73 (+0.80%)
• TSLA $353.42 (-1.13%)
• PLTR $186.15 (-0.71%)
• ARM $297.92 (+5.15%) ⚠️
• SMCI $41.58 (-0.49%)
• ORCL $138.78 (+4.66%) ⚠️
• SOUN $5.91 (+1.37%)
• IONQ $44.11 (-1.05%)
• BBAI $2.67 (+0.19%)
• AVGO $357.31 (+2.21%)
• CRM $227.32 (+0.02%)
• ADBE $229.94 (-0.47%)
• IBM $221.48 (+0.37%)
• SNOW $327.46 (-0.20%)
• MDB $329.30 (-1.61%)
• NET $352.13 (-0.53%)
• CRWD $259.48 (+0.09%)
• TSM $457.12 (+0.94%)
• ASML $1,825.00 (+3.03%) ⚠️
News:
• Anthropic IPO watch: a leaked S-1 obtained by Reuters points to a roughly $2T target valuation — and openly warns its models could pose "catastrophic or existential risk," showing self-preserving behavior and resistance to shutdown. 2025 revenue up 1,088% to $4.59B against a $42B net loss and $518B in committed cloud spend. Still private.
• OpenAI watch: shelved its next-gen frontier model over internal safety testing concerns. Confidentially filed for an IPO in June, expected to list by early 2027. Also private.
• Macro's soft: August job openings fell to 7.097M, and consumer confidence cratered to 81.9 versus 89 expected. Treasury yields still elevated, 30-year mortgages near 7.6%. Brent easing toward $96.