AI Stocks Midday
📊 AI Stocks Midday Pulse — Wednesday, October 28, 2026 at 10:30 AM
Indices: SPX 7,737 (+0.19%) · NDX 29,700 (+0.17%) · DJI 52,512 (+0.26%)
Tone: Quiet — a holding pattern ahead of the 2 p.m. ET Fed decision and tonight's Microsoft/Alphabet prints.
Movers so far:
• SMCI +7.3% — AI server demand read-through from the memory complex
• MU +4.6% — SK Hynix's 632% profit surge and a memory-shortage-to-2030 call lit the whole DRAM trade
• TSLA +3.8% — leading the megacaps with no obvious catalyst, pure momentum
• ARM +2.5% — chip strength broadening beyond memory
• ORCL -1.2% — lagging the AI group again, the odd man out
Watchlist:
• MU $971.29 (+4.58%) ⚠️
• NVDA $217.15 (-0.36%)
• MSFT $532.47 (-0.02%)
• GOOGL $324.09 (+1.09%)
• META $613.71 (-1.05%)
• AMZN $252.67 (-0.17%)
• AAPL $345.49 (-0.46%)
• AMD $562.57 (+0.41%)
• TSLA $368.06 (+3.76%) ⚠️
• PLTR $198.73 (-0.10%)
• ARM $232.23 (+2.49%)
• SMCI $35.09 (+7.34%) ⚠️
• ORCL $202.29 (-1.17%)
• SOUN $4.40 (flat)
• IONQ $32.14 (-2.46%)
• BBAI $2.30 (-2.13%)
• AVGO $342.33 (+0.1%)
• CRM $240.73 (-0.88%)
• ADBE ~$246 (+0.3%)
• IBM $250.48 (+0.2%)
• SNOW $341.90 (+1.33%)
• MDB $389.69 (+1.71%)
• NET $327.80 (-1.22%)
• CRWD $269.76 (+2.36%)
• TSM $438.12 (+0.3%)
• ASML $1,594.82 (+1.46%)
News:
• Fed decides at 2 p.m. ET — a hold is the consensus, but Chair Warsh's presser is the real event. Traders are listening for how open he is to hiking again.
• AI capital markets are wide open: Anthropic's S-1 landed Monday (Nasdaq listing as "ANT," $16.3B first-half revenue, November debut); Broadcom's CEO structured $63B of AI compute financing; Meta's lining up up to $95B. OpenAI's reportedly pushing its own listing to early 2027.