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Nasdaq Drops After OpenAI Misses Revenue Targets
After OpenAI fell short of its revenue and user goals, the Nasdaq—riding its longest winning streak since 1992—tumbled, reflecting growing AI investor jitters. OpenAI is consolidating talent, moving 1
Jamie Dimon warns bond crisis as global debt spikes
JPMorgan CEO Jamie Dimon warned that soaring global sovereign debt could trigger a bond market crisis, urging policymakers to act before markets intervene. His caution follows recent headlines highlig
S&P 500 slides, Nasdaq dips after OpenAI report
OpenAI’s latest earnings miss rattled the tech market, knocking chip‑heavy stocks and halting the Nasdaq’s longest winning streak since 1992. The S&P 500 slipped from its record high but stayed just a
DeFi United Unveils Plan to Restore rsETH After $300M Exploit
DeFi United has released a step-by-step recovery plan to restore the backing of rsETH and unwind bad loans on Aave after an April 18 bridge exploit on Kelp DAO created roughly 116,500 unbacked tokens
'Crypto Godfather' says bitcoin has not reached its bottom and a new all-time high is off the table for 2026
Early Bitcoin pioneer Michael Terpin warns the market hasn’t bottomed, eyeing a $57,000 dip in October and ruling out a new all‑time high before 2026. Meanwhile, bullish analysts point to February’s $
Spotify Shares Drop 13% After Weak Guidance
Spotify posted an 8% revenue rise and a 12% jump in monthly active users, beating estimates, but its muted subscriber and operating‑income guidance fell short of Wall Street expectations, sending the
GM raises 2026 guidance amid $500 million tariff refund, topping Wall Street's earnings expectations
General Motors smashed Q1 expectations, reporting $3.70 adjusted EPS and a $500 million boost from the Supreme Court’s reversal of Trump’s tariffs, prompting the automaker to lift its 2026 guidance. T
S&P 500 Futures Slip, Nasdaq Futures Slide on Oil
Oil prices surged after Iran shut the Strait of Hormuz, pushing futures higher. At the same time OpenAI moved 10 Prism engineers to Codex, a shift that dragged both Nasdaq and S&P 500 futures down, le
Bitcoin's Next Move Hinges on $82K CME Gap as Earnings, FOMC Loom
After Iran’s Hormuz blockade drove Bitcoin down to $76k, the cryptocurrency now eyes the $82k CME gap. Big‑tech earnings and the Fed’s policy decision will drive its next move toward $90k.
OpenAI Fell Short of Its Own Targets as Compute Costs Piled Up: Report
OpenAI missed its goal of 1 billion weekly active ChatGPT users and warned that $600 billion in future data‑center contracts could outpace revenue, prompting board scrutiny. At the same time, Anthropi
CPPIB, Temasek Join 20 Sellers in NSE IPO
India’s National Stock Exchange is preparing a $2.75bn IPO, with a consortium of 20 investors—including CPPIB, Temasek, LIC, SBI and ChrysCapital—selling a combined 5% stake. The offering follows a se
Nasdaq Falls 0.9% as OpenAI Miss Rattles AI Bets
The Nasdaq fell 0.9% on April 28 after a Wall Street Journal report said OpenAI missed revenue and user targets, reviving AI-spending fears a day before Alphabet, Meta, Amazon, and Microsoft report ea
PE Risks Outweigh Private Credit, Verdad Chart Shows
Boston asset manager Verdad argues that Wall Street's anxiety over private credit is misdirected, as private equity investors face structurally larger losses when underlying companies deteriorate beca
European Stocks Slip as Trump Mulls Iran Hormuz Deal
European markets slipped as investors weighed President Trump’s tentative acceptance of Iran’s peace proposal to reopen the Strait of Hormuz, a move that can reverse a months‑long blockade. At the sam
CNBC Daily Open: Hawkish hold from BOJ sets central bank stage - CNBC
The Bank of Japan left its policy rate unchanged but lifted its inflation outlook, citing spillover from the Iran war. The decision sparked a yen rally against the dollar, putting Japan’s central bank
Bitcoin Drops to $76,923 as Hormuz Crisis Lifts Oil
Bitcoin dropped to $76,923 on Tuesday as a stalled Iranian proposal to reopen the Strait of Hormuz pushed Brent crude above $109 for a seventh straight day, with traders positioning ahead of Wednesday
Bitcoin slides 3% as oil >$100 and AI demand stalls
Bitcoin slipped ~3% to $77,000 as oil prices stayed above $100, keeping inflation expectations high and delaying hopes for Fed rate cuts. Meanwhile, OpenAI’s missed revenue targets indicate a slowdown
OpenAI Misses Revenue and User Targets, Shares Slide
OpenAI fell short of its revenue and user growth goals, a setback that sent partner stocks like SoftBank and Oracle tumbling. The miss, echoed across WSJ, Seeking Alpha and Yahoo Finance, underscores
Foreign Carmakers Threaten to Pull Cheap US Models
Foreign automakers are threatening to pull their cheapest models from the U.S. market if the US‑Mexico‑Canada Agreement is weakened, according to the Wall Street Journal, Reuters, and AAStock. All thr
Seeking Alpha: 6 Investor Trends to Watch
Seeking Alpha outlines six key trends investors should monitor as the market shows a déjà vu of past cycles, while Business Insider flags five signs that prices are drifting from fundamentals. Togethe
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