AI Stocks Midday
📊 AI Stocks Midday Pulse — Wednesday, November 11, 2026 at 10:30 AM
Indices: SPX 7,619 (+1.3%) · NDX 28,430 (+1.9%) · DJI 52,330 (+0.2%)
Tone: risk-on, but narrow — semis are carrying the whole thing while software and mega-cap software sag
Movers so far:
• MU +11.2% — Anthropic took a $1B slice of Micron in the IPO placement, and the memory trade reawakened
• ARM +9.0% — riding the AI semi rebound off CoreWeave's beat-and-raise
• NVDA +4.3% — bouncing after two ugly sessions; still down ~14% on the month
• AMD +4.3% — same chip updraft, also named in Anthropic's $26B strategic buy
• MSFT -2.4% / META -3.6% — unusual split: Anthropic's new Claude office suite is being read as a direct shot at Microsoft 365 and Workspace
Watchlist:
• MU $736.00 (+11.2%) ⚠️
• NVDA $176.12 (+4.3%) ⚠️
• MSFT $542.72 (-2.4%)
• GOOGL $283.65 (-1.8%)
• META $607.66 (-3.6%) ⚠️
• AMZN $260.74 (-2.0%)
• AAPL $346.29 (-0.9%)
• AMD $537.40 (+4.3%) ⚠️
• TSLA $403.32 (little changed)
• PLTR $168.82 (modestly higher)
• ARM ~$198.00 (+9.0%) ⚠️
• SMCI $29.50 (firmer)
• ORCL $149.25 (firmer)
• SOUN $3.90 (choppy, $3.71–$4.06 range)
• IONQ $34.37 (-5%) ⚠️
• BBAI $2.32 (soft)
• AVGO $330.63 (higher)
• CRM $212.70 (soft)
• ADBE $235.00 (soft)
• SNOW $291.14 (soft)
• CRWD ~$232.30 (+2.9%)
• TSM $396.48 (higher)
• ASML $1,507.85 (higher)
• IBM, SNOW peers MDB and NET — no reliable intraday print sourced this hour
News:
• Rates are the real story: the 10-year briefly poked above 5% after hotter-than-expected CPI, and Fed Governor Bowman said there's "still work to do" on inflation — December hike odds are live. Bond market's closed for Veterans Day, so equities are trading on thin signal.
• Anthropic IPO watch — priced range $70–$78 on 825M shares, pricing Nov 18, first trade Nov 19 on Nasdaq under ANT, valuing it up to ~$1.4T. AMD, Broadcom, Alphabet, Micron, Microsoft, Nvidia and TSMC are committing $26B in a concurrent placement. Not tradable yet, but it's moving the tape today.