OpenAI revenue shock sends Nvidia, Oracle and CoreWeave stocks lower today. Here's what happened

Economic Times - Oct 8, 2026

OpenAI’s annualized revenue reached about $50 billion at the end of September, nearly $20 billion below earlier reports. The update sent Nvidia, Oracle and CoreWeave shares lower, while new figures showed OpenAI’s revenue run rate had still grown more than 70% since the start of the third quarter.

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