Chip and cloud stocks edge up after OpenAI revenue selloff
Overnight, shares of Nvidia, Oracle and CoreWeave edged higher after a weaker-than-reported OpenAI revenue disclosure triggered a sharp slide in the regular session.
Shares of Nvidia Corp. (NVDA), Oracle Corp. (ORCL) and CoreWeave (CRWV), along with other chipmakers, edged higher in overnight trading late Thursday after OpenAI’s revenue disclosure, which was weaker than reported, sparked a sharp decline in the regular session. 5%, while ORCL and CRWV were up 0…