AI Stocks Midday
📊 AI Stocks Midday Pulse — Thursday, October 29, 2026 at 10:30 AM
Indices: SPX 7,713 (-0.40%) · NDX ~29,400 (-1.40%) · DJI 52,249 (-0.43%)
Tone: risk-off in tech, mixed everywhere else
Movers so far:
• GOOGL -12.1% — Alphabet's worst post-earnings reaction since its 2004 IPO; ad revenue missed and $9B of cash burn spooked everyone on AI capex payback
• NET -5.5% — Cloudflare dragged down with software ahead of Nov 5 earnings
• CRM -4.6% — Salesforce still getting a cold shoulder on the $5.66B Braze deal
• MU -4.1% — memory names sold off in sympathy with the Alphabet read-through
• BBAI +5.9% — unusual: small-cap AI bucking the tape after 31% revenue growth and raised guidance
Watchlist:
• MU $942.75 (-4.12%) ⚠️
• NVDA $213.58 (-0.84%)
• MSFT $525.08 (-1.12%)
• GOOGL $285.44 (-12.14%) ⚠️
• META $630.68 (+2.97%)
• AMZN $246.48 (-3.19%) ⚠️
• AAPL $349.44 (+1.63%)
• AMD $570.76 (-1.33%)
• TSLA $405.55 (+0.33%)
• PLTR $194.36 (-1.25%)
• ARM $230.26 (-2.39%)
• SMCI $35.25 (-1.56%)
• ORCL $139.63 (-3.40%) ⚠️
• SOUN $4.44 (0.00%)
• IONQ $32.13 (-0.93%)
• BBAI $2.61 (+5.89%) ⚠️
• AVGO $344.26 (-2.15%)
• CRM $231.06 (-4.56%) ⚠️
• ADBE $246.46 (-1.32%)
• IBM $254.71 (+0.59%)
• SNOW $329.87 (-2.95%)
• MDB $388.64 (-1.22%)
• NET $301.16 (-5.51%) ⚠️
• CRWD $258.40 (-3.10%) ⚠️
• TSM $433.21 (-1.43%)
• ASML $1,679.69 (+1.01%)
News:
• September PCE came in at 3.6% headline, 3.1% core, and Q3 GDP accelerated to 3.4% — hotter than expected, and December hike odds are now sitting near 88% after yesterday's 10-2 hold at 3.75–4%.
• IPO watch: Anthropic filed Monday and could start trading under ANT on the Nasdaq as soon as November 16 — potentially the largest IPO on record. OpenAI is reportedly racing to close a $30B private round at a $1.4T valuation ahead of it. Neither is public yet.
• Amazon reports after the close tonight — AWS growth is the number that matters.