FT report of lower-than-reported OpenAI revenue sends Oracle down 5%, dragging AI trade
SumitGup · x · 2026-10-09
Bloomberg's Lisa Abramowicz flags an FT story reporting that OpenAI's revenue is lower than initially disclosed, triggering a 5%+ drop in Oracle shares and exacerbating losses across Nvidia, AMD and Microsoft — evidence of how leveraged the entire tech sector is on OpenAI and Anthropic's revenue trajectory.
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