Pre-Market Report – Friday 9 October: US tech slips on OpenAI revenue - SPI up 18 - Gold up - Oil up - Firmus?

The Nasdaq Composite slid on Thursday as new details about OpenAI spooked investors, putting the artificial intelligence trade under pressure. The tech-heavy Nasdaq was down 1.25% to close at 27,193.34, while the S&P 500 declined 0.47% to 7,765.36. The Dow Jones Industrial Average added 51.77 points, or 0.1%, to end at 51,231.64. Shares of key tech names came under pressure after OpenAI’s annualized revenue was revealed to be short of the amount previously signaled. Shares of Oracle were ...