Business · Markets · 2 days ago
US stocks rise as oil prices and AI concerns ease
US stocks ended higher on Friday, with the Dow, S&P 500 and Nasdaq 100 all gaining.
Lower oil prices and easing tensions in the Middle East helped lift investor confidence.
The day before, technology shares had fallen after a report raised doubts about whether spending on artificial intelligence was paying off.
Bloomberg later reported that OpenAI expects its annualized revenue to reach or exceed $70 billion by the end of 2026.
That helped ease concern, though investors remain focused on whether the large costs of AI investment can be justified.
The rise followed a volatile week for technology stocks.
The indexes finished the week slightly higher, with the Dow up nearly 1%.
US stocks closed higher on Friday as oil prices eased and concerns about the sustainability of artificial intelligence investment moderated.
The Dow Jones Industrial Average rose 0.83% to 51,654.95, while the S&P 500 gained 0.59% to 7,811.54.
The Nasdaq 100 advanced 0.51% to 30,883.15 after falling sharply the previous day amid concerns about OpenAI’s revenue.
A Bloomberg report said OpenAI expected its revenue to reach or exceed $70 billion by year-end, easing some investor concerns.
Lower geopolitical tensions in the Middle East also improved investor sentiment.
- Who
- US stock markets and investors.
- What
- Major US stock indexes closed higher as oil prices and concerns about AI investment eased.
- When
- Friday, October 9, 2026.
- Where
- US stock markets.
- Why
- Easing oil prices, reduced Middle East tensions and a report on OpenAI’s revenue outlook helped improve investor sentiment.
This story does not have two clearly opposing sides.
productive talks
A media report about unexpectedly low OpenAI revenue heightened concerns about whether large AI investments could be justified.
A Bloomberg report said OpenAI expected revenue to reach or exceed $70 billion by year-end.
The Dow, S&P 500 and Nasdaq 100 all closed higher.
- Dow Jones Industrial Average
- Up 0.83% to 51,654.95
- S&P 500
- Up 0.59% to 7,811.54
- Nasdaq 100
- Up 0.51% to 30,883.15
- OpenAI revenue outlook
- Bloomberg reported an expectation of at least $70 billion by year-end
- Delta Air Lines
- Trimmed its annual outlook because of higher fuel costs
Sources
Aktien New York Schluss: Gewinne - Sinkende Ölpreise und KI-Sorgen
US-Börsen: Techwerte erholen sich nach neuer KI-Angst – Wall Street schließt im Plus
Dow Jones, S&P 500, Nasdaq: Techwerte erholen sich nach neuer KI-Angst – Ölpreise geben etwas nach
Aktien New York: Dow legt zu - Ölpreise geben etwas nach
Dow Jones, S&P 500, Nasdaq: Techwerte erholen sich nach neuer KI-Angst
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