AI Stocks Midday
📊 AI Stocks Midday Pulse — Monday, October 26, 2026 at 10:30 AM
Indices: SPX 7,686 (+0.9%) · NDX 26,215 (+1.0%) · DJI 52,374 (+0.3%)
Tone: risk-on, but narrow — semis are carrying it
Movers so far:
• TSLA +6.1% — Barclays upgrade to Overweight, $450 target
• ARM +5.6% — riding the semi bid; SMH up ~2.7%
• MDB +4.0% — AI-infrastructure data-layer sympathy trade
• MU +3.3% — memory strength as Anthropic's S-1 lays out $9B in H1 infra spend
• ADBE -3.4% — unusual: application software getting sold to fund the chip rotation, no company headline behind it
Watchlist:
• MU $906.69 (+3.32%) ⚠️
• NVDA $215.69 (+2.24%)
• MSFT $530.41 (+1.13%)
• GOOGL $319.23 (-0.31%)
• META $642.21 (-0.06%)
• AMZN $248.70 (+0.28%)
• AAPL $344.61 (-0.90%)
• AMD $529.99 (+2.56%)
• TSLA $394.80 (+6.07%) ⚠️
• PLTR $198.38 (+0.83%)
• ARM $222.19 (+5.64%) ⚠️
• SMCI $32.96 (+0.06%)
• ORCL $126.26 (+0.08%)
• SOUN $4.34 (-2.03%)
• IONQ $31.17 (-0.33%)
• BBAI $2.17 (+1.23%)
• AVGO $330.38 (+2.70%)
• CRM $243.61 (-2.00%)
• ADBE $254.93 (-3.37%) ⚠️
• IBM $252.41 (-0.45%)
• SNOW $332.70 (+2.23%)
• MDB $386.06 (+4.04%) ⚠️
• NET $329.06 (+1.02%)
• CRWD $260.29 (+1.06%)
• TSM $426.38 (+1.88%)
• ASML $1,602.79 (+1.97%)
News:
• Anthropic filed its S-1 publicly this morning under ticker ANT — $16.3B revenue in H1 2026 against $4.6B for all of 2025, $9B in infrastructure spend, and ~20% of revenue concentrated in two customers. Not trading yet, but it's the tape's main character today.
• Meta flagged plans to raise up to $95B for AI infrastructure. Fed decision lands later this week, with Michigan year-ahead inflation expectations at 4.7% — a five-month high. Brent eased to ~$110.