AI Stocks Close
🔔 AI Stocks Close — Monday, October 12, 2026 at 2:15 PM
Closes: SPX 7,807.24 (-0.06%) · Nasdaq Comp 27,245.90 (-0.44%) · DJI 51,850.55 (+0.38%)
Day narrative: A split tape with a value tilt — the Dow grabbed 195 points while memory chips dragged the Nasdaq lower and the Philadelphia Semiconductor Index shed 2.7%. Thin holiday conditions with the bond market shut for Columbus Day left equities trading on oil and a China memory headline.
Sectors: Best Energy (XLE +1.43%) · Worst Technology (XLK -1.22%), with semis (SMH -2.05%) the real soft spot
Movers:
• MU -3.88% — China's ChangXin Memory claimed "significant progress" on a new memory-cell design; SK Hynix, SanDisk, WDC and STX fell in sympathy
• META +3.38% — Zuckerberg said the Muse Wonder model has "caught up with frontier AI labs"
• CRM +2.09% — double upgrade at Bank of America, which helped carry the Dow
• IONQ -9.07% / SOUN -7.79% — high-beta AI and quantum names took the brunt of the de-risking
• ARM -4.15%, SMCI -4.48%, CRWD -4.37% — broad momentum unwind across AI hardware and security
• CMG -4.4% — Starbucks denied acquisition talks, deflating Friday's speculation
After-hours / Earnings:
• Quiet post-close — no watchlist names reported
• VICR +12.9% AH — Vicor raised Q3 revenue guidance, the session's standout print
Watchlist:
• MU $989.04 (-3.88%)
• NVDA $226.32 (-1.29%)
• MSFT $541.15 (+1.14%)
• GOOGL $352.72 (+0.30%)
• META $742.96 (+3.38%)
• AMZN $259.53 (-1.11%)
• AAPL $340.97 (+1.29%)
• AMD $594.24 (-2.28%)
• TSLA $378.03 (-1.22%)
• PLTR $209.00 (-0.02%)
• ARM $255.23 (-4.15%)
• SMCI $39.98 (-4.48%)
• ORCL $137.40 (-2.83%)
• SOUN $4.97 (-7.79%)
• IONQ $36.27 (-9.07%)
• BBAI $2.30 (-3.77%)
• AVGO $354.73 (-1.88%)
• CRM $233.92 (+2.09%)
• ADBE $238.14 (-1.70%)
• IBM $227.02 (-0.05%)
• SNOW $360.37 (-2.31%)
• MDB $381.29 (-1.20%)
• NET $350.87 (-2.79%)
• CRWD $263.01 (-4.37%)
• TSM $444.35 (-1.98%)
• ASML $1,750.24 (-1.69%)
Macro:
• WTI +2.06% to $93.74, Brent +1.84% to $106.65 — reported Saudi airport attacks plus Russian strikes on Ukrainian power infrastructure
• Dollar index +0.37% to an 18-month high; gold -0.61% to $4,190.60
• Bond market closed for Columbus Day — first real rate read comes Tuesday, and with oil this hot the inflation print matters more
• IPO watch: Anthropic holds its pre-IPO investor day Wednesday, Oct. 14, ahead of a roadshow targeted for the week of Nov. 9; OpenAI has ruled out a 2026 listing. Neither is publicly traded.
Tomorrow: Q3 earnings season opens before the bell — JPMorgan (~7:00 a.m. ET, call 8:30), Goldman Sachs (call 9:30), Citigroup and Wells Fargo. Bond market reopens. CPI lands Wednesday, PPI Thursday, with Bank of America and Morgan Stanley Wednesday.