00:00 John Hyland <\/p>\n
Welcome to Yahoo Finance’s Market Minute. I’m John Hyland and today we are focusing on the AI trade and specifically what is weighing on it. <\/p>\n
00:06 John Hyland <\/p>\n
So, I want to start with tech stocks because those with links to OpenAI are under pressure. <\/p>\n
00:09 John Hyland <\/p>\n
You can see here Oracle, CoreWeave, Nvidia, they’re all trading lower on the day, and that is because of a because of a Wall Street Journal report today that is detailing that OpenAI is missing internal revenue and user targets. <\/p>\n
00:18 John Hyland <\/p>\n
So, according to the journal, insiders at the company are questioning whether OpenAI will be able to support its massive spending on data centers and continue to pay for future computing contracts. <\/p>\n
00:24 John Hyland <\/p>\n
Now, this of course comes as the company looks to go public and there have been other reports that the company CFO Sarah Fryer had a different view from Sam Altman when it came to just when to go public. <\/p>\n
00:30 John Hyland <\/p>\n
Now OpenAI has since responded to the journal’s report. They say there’s no rift between Sarah Fryer or Sam Altman and that the business is quote firing on all cylinders. <\/p>\n
00:35 John Hyland <\/p>\n
But still, we are seeing that report weigh on tech names across the Open AI ecosystem. That is your Yahoo Finance Market minute. I’m John Highland. <\/p>\n","protected":false},"excerpt":{"rendered":"00:00 John Hyland Welcome to Yahoo Finance’s Market Minute. I’m John Hyland and today we are focusing on…\n","protected":false},"author":2,"featured_media":20463,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[14391,58,157,14392],"class_list":{"0":"post-20462","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-openai","8":"tag-john-hyland","9":"tag-nvidia","10":"tag-openai","11":"tag-wall-street-journal-report"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/20462","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=20462"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/20462\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/20463"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=20462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=20462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=20462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}