AI Stocks Midday
📊 AI Stocks Midday Pulse — Thursday, October 8, 2026 at 10:30 AM
Indices: SPX ~7,778 (-0.3%) · NDX ~30,935 (-0.6%) · DJI ~51,025 (-0.3%)
Tone: risk-off, but orderly — this is a yields-and-oil problem, not an AI problem
Movers so far:
• PLTR +3.0% — Goldman upgrade to Buy, $230 target on sovereign AI demand
• SMCI +3.4% — AI server demand read-through from TSMC's record quarter
• TSM -2.1% — record $46.7B Q3 revenue, +51% y/y, and the stock still sold off
• ARM -2.7% — leading the chip profit-taking
• ORCL +2.7% — bucking the tape
Watchlist:
• MU $1,076 (-1.1%) · NVDA $235.72 (-0.9%) · MSFT $512.80 (flat)
• GOOGL $338.24 (-1.7%) · META $725.93 (+0.1%) · AMZN $248.23 (-0.4%)
• AAPL $330.32 (-0.8%) · AMD $645.86 (-0.6%) · TSLA $354.11 (-0.2%)
• PLTR $199.13 (+3.0%) ⚠️ · ARM $294.37 (-2.7%) · SMCI $44.94 (+3.4%) ⚠️
• ORCL $149.25 (+2.7%) · SOUN $5.59 · IONQ $41.21 · BBAI $2.39
• AVGO $376.51 (+0.2%) · CRM $224.56 (flat) · ADBE $232.77 (flat) · IBM $239.37 (flat)
• SNOW $332.85 (flat) · MDB $369.81 (+1.9%) · NET $342.97 (flat) · CRWD $265.44 (flat)
• TSM $472.20 (-2.1%) · ASML $1,811.20 (+0.4%)
News:
• Brent crude ripped 5% to $105 on reports Trump may strike Iran before the midterms; WTI $92. That's the inflation scare driving the tape.
• Long end is screaming — 10-year at 5.29%, 30-year at 5.67%, near multidecade highs. Jobless claims came in tight at 197,000.
• IPO watch: Anthropic is targeting an October Nasdaq listing at a valuation reported as high as $2 trillion. New Constructs called it "the most ridiculous IPO of 2026"; Burry's piling on. Neither Anthropic nor OpenAI trades publicly yet.