Nasdaq Falls 0.9% as OpenAI Miss Hits Chip Stocks, UAE Exits OPEC, Brent Tops $111
Tuesday’s session delivered a sharp reality check for the AI trade. The S&P 500 dropped 0.49% to 7,138.80 and the Nasdaq Composite fell 0.9% to 24,663.80, pulling back from Monday’s record closes as a Wall Street Journal report revealed OpenAI had missed its own revenue and user targets. The news rippled through chip and AI … Read more