Major artificial intelligence equities experienced a sell-off after details emerged regarding OpenAI's financial performance. The firm informed investors that its annualized revenue reached approximately $50 billion by the close of…
Nvidia, Oracle and CoreWeave Stocks Decline Following OpenAI Revenue Update
Additional reporting from CNBC.
Related
S&P 500 and Nasdaq Slide as Semiconductor Rally Loses Steam
Major U.S. stock indices finished lower on Tuesday as a short-lived rebound in the semiconductor sector failed to sustain momentum. While the Dow Jones Industrial Average managed a modest gain, the S&P 500 and Nasdaq Composite both…
BP Faces Potential Shareholder Revolt Ahead of Annual General Meeting
BP is bracing for a possible confrontation with investors at its upcoming annual general meeting on April 23. The energy giant faces opposition from several groups, including the Local Authority Pension Fund Forum, over its board's…
How oil-rich Alberta's economy might fare if it broke away from Canada
Albertans vote this month on staying in Canada or moving ahead to a binding independence referendum.
White House blocks Microsoft from foreign worker hiring programme
An international visa programme has for years allowed US tech companies to hire highly skilled workers from abroad.