Business · Markets · 2 days ago

Nasdaq rebounds after OpenAI revenue concerns ease

Nasdaq rebounds after OpenAI revenue concerns ease

Reports that OpenAI had weak sales in September worried investors and pushed the Nasdaq down on Thursday.

On Friday, expectations that the company would perform strongly through the end of the year helped steady the market.

This shows how hopes about a major AI company can affect stock prices.

The article does not give figures for OpenAI’s sales or the market’s moves.

Sources

Related news