04/28/2026
OpenAI Missed Revenue Targets — AI Stocks Crash Up to 10% in Hours
A WSJ report revealed OpenAI fell short of its own user and revenue goals for 2026, with CFO Sarah Friar privately warning the firm may struggle to fund computing contracts. SoftBank sank 10%, Oracle dropped 7%, Nvidia and AMD slid 3–5%. OpenAI pushed back, calling the report "ridiculous."