{"id":146523,"date":"2026-08-20T19:26:43","date_gmt":"2026-08-20T19:26:43","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/146523\/"},"modified":"2026-08-20T19:26:43","modified_gmt":"2026-08-20T19:26:43","slug":"tech-stocks-today-openais-growth-disappoints-nvidia-earnings-provide-next-test-for-ai-trade","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/146523\/","title":{"rendered":"Tech stocks today: OpenAI&#8217;s growth disappoints, Nvidia earnings provide next test for AI trade"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Tech stocks slid in early trading Thursday, as the Nasdaq fell 0.82%, after a slight rebound on Wednesday.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The next big test for the AI trade is less than a week away, as Nvidia prepares to report its quarterly earnings on Aug. 26. The announcement will have a wide-ranging impact on everything from hyperscalers to fellow pick-and-shovel companies.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">OpenAI&#8217;s latest revenue growth numbers didn&#8217;t win many fans among investors, <a href=\"https:\/\/www.wsj.com\/tech\/ai\/openais-second-quarter-sales-show-tepid-growth-compared-with-anthropic-5cb42998?mod=tech_lead_pos4\" data-ylk=\"slk:according%20to%20The%20Wall%20Street%20Journal;elm:context_link;itc:0;sec:content-canvas;cpos:1;pos:1;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;according to The Wall Street Journal&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;1&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"link\">according to The Wall Street Journal<\/a>.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The company reported Q2 revenue of $6.7 billion, up 18% from the prior quarter. Rival Anthropic, meanwhile, is reportedly pulling in huge revenue numbers. <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-08-14\/anthropic-revenue-ahead-of-ipo-surges-over-14-fold-in-second-quarter\" data-ylk=\"slk:According%20to%20Bloomberg;elm:context_link;itc:0;sec:content-canvas;cpos:2;pos:1;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;According to Bloomberg&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkPosition&quot;:&quot;2&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" class=\"link\">According to Bloomberg<\/a>, the company saw its preliminary quarterly revenue jump 14x to $11.5 billion from $787 million a year ago.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Meta&#8217;s social media addiction trial continues today in Oakland, Calif., following opening remarks on Tuesday.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">A collection of 29 state attorneys general is suing the social media giant over claims that it purposely developed its services to keep children online as long as possible and caused psychological harm. The trial is a test case for that larger suit and involves the attorneys general from four states.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Meta claims the trial could leave it exposed to as much as $1.4 trillion in damages, but state attorneys general dispute that figure.  <\/p>\n","protected":false},"excerpt":{"rendered":"Tech stocks slid in early trading Thursday, as the Nasdaq fell 0.82%, after a slight rebound on Wednesday.&hellip;\n","protected":false},"author":2,"featured_media":145290,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[58,157,15384,3303,305,3737],"class_list":["post-146523","post","type-post","status-publish","format-standard","has-post-thumbnail","category-openai","tag-nvidia","tag-openai","tag-quarterly-earnings","tag-revenue-growth","tag-tech-stocks","tag-the-wall-street-journal"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/146523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=146523"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/146523\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/145290"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=146523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=146523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=146523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}