AI Stocks Midday
📊 AI Stocks Midday Pulse — Wednesday, October 7, 2026 at 10:30 AM
Indices: SPX 7,772 (-0.6%) · NDX 31,006 (-0.7%) · DJI 50,955 (-1.1%)
Tone: risk-off
Movers so far:
• MU +3.0% — D.A. Davidson lifts target to a street-high $3,000; shrugged off the Taiwan union strike mandate
• IONQ -5.4% — quantum names leading the high-beta unwind as yields spike
• CRWD -3.9% — profit-taking from the 52-week high at $287
• BBAI -3.7% — sitting right on its 52-week low, $2.48
• ADBE -2.6% — software de-rating on the rate move
Watchlist:
• MU $1,077.00 (+3.0%) ⚠️
• NVDA $236.90 (-1.0%)
• MSFT $527.95 (-0.3%)
• GOOGL $345.85 (-0.5%)
• META $725.48 (-1.8%)
• AMZN $258.91 (+1.0%)
• AAPL $335.14 (+0.5%)
• AMD $641.95 (-1.2%)
• TSLA $375.65 (-1.3%)
• PLTR $193.15 (+0.6%)
• ARM $298.20 (-1.4%)
• SMCI $44.33 (+2.0%)
• ORCL $143.81 (-0.7%)
• SOUN $5.66 (-1.1%)
• IONQ $40.93 (-5.5%) ⚠️
• BBAI $2.49 (-3.7%) ⚠️
• AVGO $373.38 (-0.7%)
• CRM $224.61 (-0.2%)
• ADBE $231.98 (-2.6%)
• IBM $219.97 (-0.6%)
• SNOW $336.87 (+0.3%)
• MDB $363.08 (+0.7%)
• NET $347.86 (-2.0%)
• CRWD $267.95 (-3.9%) ⚠️
• TSM $472.71 (-2.0%)
• ASML $1,803.15 (-1.7%)
News:
• Treasury yields hit 24-year highs — 10-year at 5.36%, 30-year at 5.73%, the highest since 2002. That's the whole story behind today's fade. Fed minutes drop at 2 p.m. ET, with traders pricing roughly 20% odds of an October hike.
• Brent crude above $101 on Middle East tensions plus a Gulf hurricane threat. Webull down 20% after a congressional national-security report.
• IPO watch: Anthropic could begin marketing its IPO the week of Nov. 9, targeting up to a $2 trillion valuation after closing a $65B Series H. OpenAI's in early talks with MGX and BlackRock on a $30B round at roughly $1.4 trillion — no listing before 2027.