The stock market ended Thursday’s session firmly lower as artificial intelligence plays like Oracle (ORCL) and Broadcom (AVGO) got hammered on worries about OpenAI. Energy plays shined despite President Donald Trump pledging not to attack Iran before the midterm elections. The Nasdaq composite sank 1.3% and ended near session lows, but encouragingly got support at its 10-day moving average. It…
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OpenAI Annualized Revenue $20 Billion Short, Says Report. AI Stocks Fall.
6:54 AM ET AI stocks dropped on a report that OpenAI’s projected annual revenue is roughly $20 billion lower than earlier projected.
6:54 AM ET AI stocks dropped on a report that OpenAI’s projected annual…
