AI Stocks Midday
📊 AI Stocks Midday Pulse — Thursday, October 22, 2026 at 10:30 AM
Indices: SPX 7,658 (-1.27%) · NDX 26,150 (-2.07%) · DJI 52,575 (-0.53%)
Tone: risk-off — the AI trade is doing the bleeding, defensives are holding
Movers so far:
• LRCX -10.1% — semicap gutted on AI capex anxiety
• AMD -6.9% — chip complex hit by Samsung substrate circular-financing worry
• META -6.8% — revenue beat, 2-for-1 split, and the stock reversed anyway
• MU -5.2% — memory unwinds with the rest of the AI stack
• LMT +5.2% / IBM +3.9% — defense and old-guard tech catching the rotation
Watchlist:
• MU $865.98 (-5.22%) ⚠️
• NVDA $214.13 (-3.59%) ⚠️
• MSFT $390.74 (+0.10%)
• GOOGL $359.68 (+0.53%)
• META $650.33 (-6.77%) ⚠️
• AMZN $238.55 (-1.23%)
• AAPL $345.10 (+0.32%)
• AMD $514.37 (-6.94%) ⚠️
• TSLA (-1.54%)
• PLTR $178.96
• ARM $210.97 (-6.89%) ⚠️
• SMCI $35.57 (+9.5% prior session on raised guide) ⚠️
• ORCL $202.29
• SOUN $4.59 (-0.43%)
• IONQ $31.75
• BBAI $2.18 (+0.5%)
• AVGO $337.80
• CRM $249.68 (+3.27%) ⚠️
• ADBE $259.83 (+1.87%)
• IBM $251.46 (+3.94%) ⚠️
• SNOW $322.73 (+0.98%)
• MDB $390.75
• NET ~$312 (+7%) ⚠️
• CRWD $240.58 (+0.52%)
• TSM $415.74 (-3.71%) ⚠️
• ASML $1,676.69 (+2.81%)
News:
• Brent crude above $111 — five-month high — on reports the US and Israel have drawn up plans for renewed strikes on Iran after the Nov. 3 midterms, plus attacks on Saudi infrastructure. 10-year yield down 11bp to 5.02% on the flight to bonds. Jobless claims fell to 194,000, fewest in three months.
• IPO watch: Anthropic could make its S-1 public as soon as Friday, Oct. 23 — Q3 revenue $16.8B, second straight adjusted-profitable quarter. OpenAI is reportedly racing to close a $30B round at a $1.4T valuation ahead of it. Neither is publicly traded.