Don's breaking down the chip selloff, and what it means for your watchlist. Live at 9:20 AM ET.
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Don’s going live this morning at 9:20 am ET. |
And we've got two legitimate market-movers impacting markets this morning… |
First: The Wall Street Journal is reporting that OpenAI missed multiple internal revenue targets and user-growth goals in recent months, including falling short of its 1 billion weekly active users target by end of 2025. |
The company's own CFO is raising concerns about funding its massive data-center commitments as it races toward an IPO. |
That's why the AI trade is getting smoked in the pre-market. |
Oracle is down over 7% in premarket. NVDA, AMD, Broadcom, and the rest of the chip complex are all bleeding hard. |
It's the first real crack in the AI growth narrative that's been propping up half the market. |
Second: Oil is moving sharply amid ongoing OPEC+ production dynamics and Middle East tensions. The UAE just announced its leaving the cartel. |
Oil is surging higher while tech is rolling over. |
Don's breaking all of this down live at 9:20 am ET with the exact levels, setups, and what it means for your watchlist. |
If you're trading the open today, you need to be here. |
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