OpenAI is expected to reach or exceed $70 billion in annualized revenue by the end of 2026, despite reports suggesting it might fall short by $20 billion. This discrepancy caused a sharp sell-off in tech stocks, including a more than 1% drop in the Nasdaq and over 3% decline in chipmakers. Analysts say the lower revenue projections are just estimates and highlight ongoing strong demand for AI technology, which supports the industry's health. OpenAI also defended its decision to fire three safety researchers who raised concerns, adding another layer of scrutiny to the company.
OpenAI revenue projections and related tech stock reactions provide context for Pluang's Technology sector snapshot. As of Oct 09, 2026 20:41 WIB, out of 150 priced US tech stocks, 107 rose and 38 fell. Notably, VNET and ORCL both gained 4.16%, with ORCL showing a longer typical hold time of 72 days and a buy majority in order activity, while TER rose 3.63% despite a strong sell bias in orders.
At Malaysia's IGEM 2026, Sigenergy showcased its latest AI-driven energy technologies, including smart storage and inverter systems, highlighting its role in advancing sustainable energy. The company also signed MOUs with local partners Milieu and YT...
In 2026, Bitcoin has experienced 10 unusually large daily price moves of at least three standard deviations through October 9, surpassing the eight such moves recorded during the entire 2018 bear market. This is notable because overall annualized vol...
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Hyperliquid will perform a network upgrade on October 10 at 4:15 a.m. ET, expected to last about 10 minutes. During this time, trading and on-chain activities may be temporarily interrupted. The maintenance is planned for early Saturday morning in th...
On October 9, Bitcoin spot ETFs attracted $21.13 million in net inflows, led by IBIT with $22.38 million, while Ether spot ETFs experienced $56.10 million in net outflows, marking nine straight sessions of decline. This divergence occurs amid ongoing...
