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OpenAI Missed Targets Spark Investor Concern, AI Stocks Slump

Reports indicate that OpenAI is struggling to meet its revenue targets and losing subscribers, causing significant concern among investors. This news has led to a downturn in AI-linked stocks and contributed to broader jitters on Wall Street.

28 Apr, 11:33 — 29 Apr, 05:39
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Sources

Showing 7 of 11 sources
bloombergHigh16d ago

OpenAI-Linked Stocks Slump on Report of Startup’s Missed Targets - Bloomberg

OpenAI-Linked Stocks Slump on Report of Startup’s Missed Targets  Bloomberg

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wsjHigh15d ago

AI Worries Have Returned to Wall Street. Now Come Earnings. - WSJ

AI Worries Have Returned to Wall Street. Now Come Earnings.  WSJ

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cnbcMostly Factual15d ago

Asia-Pacific markets open mixed after OPEC shock, tech jitters drag Wall Street stocks

Optimism around tech stocks took hit as the Wall Street Journal reported that OpenAI's revenue and new users growth was below its own targets.

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marketwatchMostly Factual15d ago

Bloom Energy is riding the AI wave with a major lift from Oracle

Wall Street is validating Bloom’s ‘vision,’ and AI accelerating it, CEO says.

By Claudia Assis

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The IndependentMostly Factual15d ago

Oil prices decline after UAE says it will exit Opec amid Iran war energy crisis

Asian stocks are mostly higher despite a retreat on Wall Street

By Chan Ho-Him

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forbes15d ago

OpenAI’s Missed Targets Rattle Investors - Forbes

OpenAI’s Missed Targets Rattle Investors  Forbes

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Business InsiderMostly Factual15d ago

What smart people are saying after a report that OpenAI missed key growth targets

OpenAI missed internal revenue and growth targets, The Wall Street Journal reported on Monday. We compiled what some analysts, investors, and professors are saying about the article's impact. Bloomberg/Getty Images OpenAI missed internal revenue and user targets, The Wall Street Journal reported. The report sent some tech stocks into the red on Tuesday. OpenAI called the article "clickbait." Traders and scientists — including Jim Cramer and Gary Marcus — had different takes on the impact. T...

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