Tech stocks lead market selloff as AI payoff fears grow after reports said OpenAI missed key sales and user growth targets.
Tech stocks led a market selloff amid growing concerns that massive AI investments may not deliver returns, following reports that OpenAI missed key sales and user growth targets.
What happened
Tech stocks led a market selloff amid growing concerns that massive AI investments may not deliver returns, following reports that OpenAI missed key sales and user growth targets.
Quick reaction
One tap helps tune what we surface next.
Reader discussion
Public commentsNo comments yet. Start the discussion around this signal.
Follow this signal
Get updates on this story
We will email you if this changes materially. No spam. Daily brief optional.
Map context
See this on the live map
Keep the story in context with nearby live signals, countries, and category movement.
Related coverage
More story pages
Home Depot partner files for bankruptcy, Benzinga reports.
Home Depot partner files for bankruptcy, impacting $HD, according to Benzinga.
AI shares fall after WSJ reports OpenAI missed user, revenue goals. The drop reflects investor concern over growth at the ChatGPT creator.
Shares of artificial intelligence-related firms dropped after the Wall Street Journal reported that OpenAI missed its targets for new users and revenue in recent months, raising concerns over the ChatGPT creator's growth.
Seagate reports Q3 revenue up 44% YoY to $3.11B, beats estimates, and forecasts Q4 above expectations; shares jump 13%+ after hours.
Seagate reported fiscal third-quarter revenue rose 44% year-over-year to $3.11 billion, surpassing the $2.96 billion estimate, and forecast fourth-quarter revenue and adjusted earnings above expectations. Shares surged over 13% in after-hours trading.
Visa earnings top estimates on global card transactions surge.
Visa's earnings surpassed analyst estimates, boosted by consumers using its branded cards for transactions worldwide.
More live signals
Continue with the live feed.
The fastest nearby updates load from the public feed, not the enriched story endpoint.