OpenAI's Slowdown: AI Stocks Plummet

0:00Open AI just hit a speed bump in the AI hype train, missing big internal targets for 1 billion weekly users by the end of 2025, and several revenue goals this year. That news leaked out on April 28th and has sent shockwaves through the market, with AI link stocks tanking fast by 10am. Earlier this week, reports show Chad G. PT's grip on Generative AI web traffic slipping from 86.7% a year ago to 64. 25% in January 2026, while Google's Gemini jumped from 5.7% to 21.5%. Open AI is also losing ground to rivals like Anthropic and coding and business tools, raising red flags on those massive compute deals with Oracle. In video and Microsoft worth hundreds of billions, traders reacted hard, Oracle plunged over 4% that day, with pre-market dips near 7% tied to its $300 billion cloud. Packed with Open AI, Nvidia dropped 3.3%, Broadcom 4.2, AMD 5.5, ARM 7.4, and SoftFan

1:06cratered up to 11% in Tokyo on its 11-13% stake. Even upstarts like Corrie fell 3.5%, some pros downplayed as old news or distractions, but bears warn of cracks in the foundation, especially since AI giants like these make up a third of the S&P 500 and your average 401k. If Open AI is slow spending, it hits the whole chain from chips to clouds. Now the talk shifts from endless growth to who puts the bill for all this build out. Keep eyes on Oracle's earnings for Open AI bookings, rival gains at Amazon and Google, and any Open AI IPO delays that could spill real numbers, the easy. Money vibe in AI just got a reality check. Durham News today, powered by AI bringing you what matters. I'm Corrie with the story.