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Oracle, AMD, and CoreWeave stocks sink after report says OpenAI missed sales, user targets

finance.yahoo.com
Open in Finance.yahoo.com
Highlights
  • OpenAI reportedly missed internal targets for active ChatGPT users and revenue, signaling near-term pressure on growth efforts.
  • CFO concerns focus on sustaining compute commitments and whether growth can finance future contracts and an IPO timeline.
  • Investors question whether the billions spent on data centers will be worth it from a return-on-investment perspective amid profitability timelines.

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References

OpenAI reportedly missed revenue targets. Shares of Oracle and these chip stocks are falling

OpenAI reportedly missed revenue targets. Shares of Oracle and these chip stocks are falling

Tech stocks are tanking on a report that OpenAI missed revenue targets

Tech stocks are tanking on a report that OpenAI missed revenue targets

OpenAI misses revenue, new user goals in painful stumble ahead of blockbuster IPO: report

OpenAI misses revenue, new user goals in painful stumble ahead of blockbuster IPO: report

Tech stocks slide following report on OpenAI missing key targets

Tech stocks slide following report on OpenAI missing key targets

Market slumps as OpenAI reportedly misses internal targets for active users and revenue — Nvidia, Oracle, AMD, and CoreWeave shares all tremble on the news

Market slumps as OpenAI reportedly misses internal targets for active users and revenue — Nvidia, Oracle, AMD, and CoreWeave shares all tremble on the news

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