Market News / Story
Nasdaq 100 Ends Lower As Report Of Weaker-Than-Expected OpenAI Revenue Drags Chipmakers — NVDA, DIS, ORCL, SBUX In Focus
Stocktwits ·
Stocktwits reports: U.S. stock indices ended lower on Thursday after reports showed OpenAI’s annualized revenue was $20 billion below expectations, sparking a selloff in chipmakers and broader AI-linked stocks. The S&P 500 ended Thursday 0.5% lower, the Nasdaq 100 fell 1.4%, and the Dow Jones Industrial Average rose 0.1%. The Russell 2000, which tracks small-cap stocks, ended flat. The SPDR S&P 500 ETF (SPY) slipped 0.4%, the SPDR Dow Jones Industrial Average ETF (DIA) added 0.1%, and the…