Market News / Story
Stock index futures advance after tech selloff on AI revenue concerns
Seeking Alpha ·
Seeking Alpha reports: Stock index futures were higher on Friday as Wall Street looked to regain some momentum after the AI trade came under pressure on Thursday. Dow futures +0.09%, S&P 500 futures +0.37%, and Nasdaq futures (US100:IND) +0.86%. Tech shares came under pressure on Thursday amid revenue concerns surrounding OpenAI. Reports indicated that OpenAI's annualized revenue reached $50 billion at the end of September, below the $68 billion figure reported the previous month. On the…