USSTOCK.TODAY
Market Closed
Log in Sign up

OpenAI annual revenue revised to $50 billion; related stocks fall

Investor's Business Daily +2 ·

NVDA NVIDIA Corp
$230.48 -2.94%
View chart & analysis →
AVGO -4.35% ORCL -5.48% CRWV -7.77%
  1. 1As of late September, OpenAI's annual revenue was reported at approximately $50 billion.
  2. 2This falls short of the previously widely cited annual revenue of $68 billion for OpenAI.
  3. 3Nvidia and CoreWeave shares declined, including a drop of over 5% in Oracle's stock on Thursday.

So what's the key point?

OpenAI's annual revenue was confirmed to be $50 billion, which is lower than previous estimates. Following this news, stock prices for related companies, including Oracle, declined.

Source Investor's Business Daily +2 · View original ↗

Related 3-line summaries

Low probability of Nvidia stock split in 2026 The Motley Fool +1 · 52m agoNasdaq falls on lowered OpenAI revenue outlook, oil prices drop following Trump remarks AFP · 1h agoSamsung Electronics completes quality verification for NVIDIA's next-generation HBM4E InvestorsHub +1 · 2h ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news