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EdmundK

AI names selling off - Oracle -5.5% CoreWeave -7.8% Nvidia -2.9% after FT reports OpenAI annualized $20B light is healthy washout, not thesis break. At home STI -3.5% Thursday with all three banks -4% to -5% is capitulation after Citi call. Local banks oversold, decoupling from US AI coming.

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Captain's Watch
Featured☕️ [Task Coins Giveaway] Daily Market Talk — OpenAI's $20B Gap Hits AI Stocks

The FT reported OpenAI's annualized revenue is about $20B lower than thought, and the AI chain sold off: Oracle -5.5%, CoreWeave -7.8%, Nvidia -2.9%. At home, the STI closed -3.5% Thursday as all thre...

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