Quartz·2 min read·medium
Nasdaq futures rise after AI stocks' worst day since mid-August
✦AI Summary
Nasdaq futures are rebounding following a significant sell-off in AI-related stocks. The recovery comes despite reports that OpenAI's annualized revenue projections have fallen below previous estimates.
Why it matters
Market volatility in AI stocks reflects investor sensitivity to revenue growth targets and the sustainability of the current AI investment boom.
OpenAI told investors it saw $50 billion in annualized revenue at…
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