Live Demo Agent Trial
Live Demo Agent Trial Log In Sign Up
News Wire / economy

Oil Markets React To Diplomatic Deadlock

WTOP Washington DC New York 15d14d Impact 8

The NASDAQ index fell by 227 points, nearly one percent, during Tuesday trading. Coca-Cola is the largest gainer among the 30 blue-chip stocks, rising approximately 5% following news regarding Coke Zero. The Nasdaq index fell 0.9 percent following reports that OpenAI missed revenue and user targets ahead of its planned initial public offering. Oracle shares fell 4 percent due to scrutiny over its reliance on AI for cloud computing ambitions. Other semiconductor stocks, including NVIDIA, AMD, and Broadcom, also declined following the news. The Nasdaq Index fell 0.9% to close at 24,663 points, dropping nearly 1.5% during the session. Analysts are discussing whether the AI semiconductor cycle is transitioning faster than expected. The discussion included industry analyst Lee Ju-hwan, a former researcher at SK Hynix. No specific market figures were provided in the report.

The NASDAQ index fell by 227 points, nearly one percent, during Tuesday trading. Coca-Cola is the largest gainer among the 30 blue-chip stocks, rising approximately 5% following news regarding Coke Zero. The Nasdaq index fell 0.9 percent following reports that OpenAI missed revenue and user targets ahead of its planned initial public offering. Oracle shares fell 4 percent due to scrutiny over its reliance on AI for cloud computing ambitions. Other semiconductor stocks, including NVIDIA, AMD, and Broadcom, also declined following the news. The Nasdaq Index fell 0.9% to close at 24,663 points, dropping nearly 1.5% during the session. Analysts are discussing whether the AI semiconductor cycle is transitioning faster than expected. The discussion included industry analyst Lee Ju-hwan, a former researcher at SK Hynix. No specific market figures were provided in the report. Management suggests the situation may lead to decreased demand for US assets and dollars. There is a perceived strategic risk of escalation by design if diplomacy fails to break the current deadlock. Both sides may consider limited military action to improve leverage, according to the reports.

Topics

stock market OpenAI NASDAQ

Developing

  1. 863d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
  2. 863d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
  3. 863d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
  4. 863d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.

Sources · 7 independent

WTOP Washington DC

“the NASDAQ is slumping it's off almost a percent the NASDAQ is down 227 points what's going on we are watching big tech companies this week especially today following news that open AI”

BBC Radio 4

“respond to price down 11% on the day. Since we started down almost 27% it's hurting. ... Wall Street Journal headline is death spiral”

BBC Radio 4

“the Wall Street Journal headline is death spiral... price down 11% on the day... Since we started down almost 27% it's hurting.”

Bloomberg Radio

“the s&p 500 losing seven tenths of 1% That nasdaq doing even worse down by 1.3% And of course this comes on the heels of open ai's a report from the wall street journal that its growth is slowing down”

Commodities

“GC=F $4,580.60 (-2.41%)”

Commodities

“GC=F $4,579.00 (-2.44%)”

CLS Finance China

“OpenAI增长疑云引发科技股回调”

Bloomberg Radio

“the S&P 500 Scarlett and Paul 49 points lower down about 7 tenths of a percent. 71.23, the index, the Dow Jones and Duster leverage is right now bouncing between gains and losses up just about four points right now. The tech have a NASDAQ on that report you mentioned from the Wall Street Journal about open AI. The misses there down 300.”

Bloomberg Radio

“the Wall Street Journal about open AI. The misses there down 300.”

WTOP Washington DC

“the Nasdaq is getting roughed up following word that open AI, the maker of chatGPT is reportedly having financial issues.”

CLS Finance China

“on CLS Finance. OpenAI增长疑云引发科技股回调 海合会召开特别峰会 | 今夜看点. #5 trending on CLS Finance.”

Unlock the full story

Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.

Log in to upgrade