SQUAWK/NEWS
Account
Theme
Account
Menu
Live News EQUITY ARTICLE M impact

Oracle and AMD fall after OpenAI revenue estimate cut

Shares in Oracle and AMD dropped after the Financial Times reported OpenAI’s annualized revenue estimate was roughly $20 billion lower than previously signaled, with Oracle down 4.9% to $136.50 by midday.

OPENAI

Shares of major technology companies fell after the Financial Times reported that OpenAI's annualized revenue is roughly $20 billion less than it had previously signaled. 50 by midday Thursday. Microsoft also fell into…