AI Chip Stocks Including Nvidia (NVDA) And Micron (MU) Slide After OpenAI Revenue Report Triggers Broad Tech Selloff

Tech stocks tumbled after a report revealed OpenAI’s annualized revenue is approximately $20 billion less than previously reported figures. OpenAI, the maker of ChatGPT, told investors its annualized revenue was nearing $50 billion, according to the Financial Times. That figure stands well below the $70 billion previously reported by media outlets, including the Financial Times…

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Consumer Inflation Fears Surge To Highest Point In Over Three Years, New York Fed Survey Reveals

The New York Federal Reserve’s latest Survey of Consumer Expectations shows Americans are growing increasingly anxious about rising prices heading into late 2026. The median one-year inflation outlook jumped to 3.9% in September, up 0.3 percentage point from August and the highest reading since May 2023, when it stood at 4.1%. Household spending growth expectations…

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AST SpaceMobile (ASTS) Faces $3.2 Billion Cash Burn Despite U.S.-Japan Satellite Backing

Wall Street analysts project AST SpaceMobile will burn through approximately $3.2 billion in cash before reaching positive free cash flow in 2029. The company received a significant diplomatic boost after a U.S.-Japan joint statement welcomed its satellite partnership with Rakuten, sending shares up more than 8% intraday on October 6. The statement followed an October…

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D-Wave (QBTS) And Rigetti (RGTI) Go Head-To-Head As Investors Weigh The Better Quantum Buy

The quantum computing sector has become one of the most hotly debated investment arenas in 2026, with two names consistently dominating the conversation. D-Wave Quantum (QBTS) and Rigetti Computing (RGTI) represent two distinct approaches to building the next generation of computing infrastructure. D-Wave has emerged as a standout on the revenue growth front, posting gains…

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RTX’s RAM Missile Contracts Signal Steady Naval Defense Growth Ahead

RTX Corporation (RTX) is increasingly well-positioned to capture rising demand for naval missile defense as the U.S. Navy and allied forces modernize their protection against advanced airborne threats. The company’s Raytheon business has maintained a long-standing role in the Rolling Airframe Missile program, supporting continued production and sustainment of the system across naval platforms. RAM…

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