📊 AI Stocks Midday Pulse — Wednesday, June 17, 2026 at 10:31 AM
Indices: SPX 7,536 (+0.10%) · NDX/Nasdaq Comp (+0.34%) · DJI (+0.15%)
Tone: choppy — chips clawing back, but everyone's frozen ahead of the 2 PM Fed call
Movers so far:
• AMD +3.2% — dip-buyers pile in after Tuesday's 7% slide; new Rackspace deal for 30MW of Instinct-powered AI compute
• CRWD +2% — security names firm; trading near $687, off Tuesday's tech swoon
• NVDA -1.4% off its high — opened $208.61, faded to ~$206.20; chip rebound is shaky, not roaring
• AVGO ~$383 — flat-to-soft, steadying after Tuesday's 4%+ drop
• Russell 2000 +0.87% leading — small-caps catching a pre-Fed bid while mega-cap tech treads water
Watchlist:
• NVDA $206.20 (-1.4% off high)
• MU — chip-rebound name, bouncing with the group after Tuesday's ~6% drop
• MSFT ~$394
• GOOGL $370.84 (+1.0% off low)
• META ~$596 (opened $593.49)
• AMZN ~$246
• AAPL ~$299
• AMD +3.2% (opened up on Rackspace deal)
• TSLA ~$404
• PLTR $132.48
• ARM ~$424 (near record $428)
• SMCI $29.45
• ORCL $186.80
• SOUN $7.01
• IONQ ~$57.85
• BBAI $3.94
• AVGO $383.50
• CRM ~$165
• ADBE $207.24
• IBM $270.81 (multi-decade high)
• SNOW $238.60
• MDB ~$398
• NET — steady, near recent highs after June rally
• CRWD $686.86
• TSM $434.54
• ASML ~$1,804
News:
• Fed Day: Kevin Warsh chairs his first FOMC meeting — markets price ~97% odds of no rate change at 2 PM ET, all eyes on whether the Iran energy shock and four hot inflation prints have flipped the bias from cuts toward holds-or-hikes.
• Retail sales jumped 0.9% in May (vs 0.5% expected), reinforcing a "solid economy" read and nudging yields up.
• IPO watch: Anthropic (confidential IPO filed June 1, ~$965B valuation) and OpenAI (eyeing a Q4 listing) keep the private-AI race in headlines — neither trades publicly yet.
