OpenAI IPO delay rattles chipmakers as markets drift
TL;DR Summary
US stocks fluctuated Friday after a New York Times report suggested OpenAI might delay its mega-IPO, weighing on memory-chip names even as the Nasdaq rose about 0.2% and the S&P 500 and Dow posted small gains; investors also weighed persistent memory-cost pressures on device makers, a strong Micron earnings signal of ongoing squeeze, potential Fed rate moves, and oil’s decline amid Middle East tensions.
- Stock market today: Dow, S&P 500, Nasdaq waver as report of OpenAI IPO delay rattles chip stocks Yahoo Finance
- OpenAI Leans Toward Holding Up I.P.O. Until Next Year The New York Times
- OpenAI Considers Delaying Its IPO—And SpaceX's Volatility Is a Big Reason Why Investopedia
- S&P 500 rises as traders rotate into defensive sectors, but index heads for losing week: Live updates CNBC
- OpenAI IPO Fears Hit Oracle and Other Stocks Exposed to the ChatGPT Maker Barron's
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