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HaraldvonBlauzahn@feddit.org to Technology@lemmy.worldEnglish · 9 hours ago

Market slumps as OpenAI reportedly misses internal targets for active users and revenue — Nvidia, Oracle, AMD, and CoreWeave shares all tremble on the news

www.tomshardware.com

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Market slumps as OpenAI reportedly misses internal targets for active users and revenue — Nvidia, Oracle, AMD, and CoreWeave shares all tremble on the news

www.tomshardware.com

HaraldvonBlauzahn@feddit.org to Technology@lemmy.worldEnglish · 9 hours ago
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OpenAI's apparent missed targets shake up investor confidence.
  • IronBird@lemmy.world
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    7 hours ago

    2000/2008 combined, with a smidge of great depression.

    • SeductiveTortoise@piefed.social
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      6 hours ago

      I really hope the rest of the world will get around it this time as most of this happens in the US anyway.

      • realitista@lemmus.org
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        5 hours ago

        When the US sneezes, the rest of the world catches a cold.

        • SeductiveTortoise@piefed.social
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          4 hours ago

          Yeah, but normally because we run in the same, stupid direction. But the big AI players ain’t around in my neighborhood.

          Just hoping…

          • realitista@lemmus.org
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            4 hours ago

            More than AI it probably depends more on how much stuff your country sells into the US market. If the US market goes into recession they will stop buying some of that stuff. For a lot of countries, the US is a big export market which can greatly affect their own GDP.

            • SeductiveTortoise@piefed.social
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              4 hours ago

              Thank god Germany doesn’t rely heavily on exports.

              Aw shit.

              • realitista@lemmus.org
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                3 hours ago

                Sorry man. I’m in the same boat in Czechia.

                • SeductiveTortoise@piefed.social
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                  3 hours ago

                  I mean, at least Trump behaved like such a cunt in the last months, we started to switch to other trading partners. That will at least help a bit.

                  • realitista@lemmus.org
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                    2 hours ago

                    Yeah that’s the only way to really solve this.

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