{"id":4623,"date":"2026-04-28T15:17:08","date_gmt":"2026-04-28T15:17:08","guid":{"rendered":"https:\/\/tradertideinsights.com\/?p=4623"},"modified":"2026-04-28T15:17:08","modified_gmt":"2026-04-28T15:17:08","slug":"dow-rises-110-points-as-nasdaq-slides-on-ai-fears-oil-surge-weighs","status":"publish","type":"post","link":"https:\/\/tradertideinsights.com\/?p=4623","title":{"rendered":"Dow rises 110 points as Nasdaq slides on AI fears, oil surge weighs"},"content":{"rendered":"
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US stocks opened lower on Tuesday, led by weakness in technology shares, as investors reassessed whether the artificial intelligence boom can sustain its momentum.<\/p>\n

The tech-heavy Nasdaq Composite fell more than 1.15%, while the S&P 500 dropped around 0.54%. <\/p>\n

In contrast, the Dow Jones Industrial Average edged higher by 110 points or 0.23%, supported by gains in select non-tech names.<\/p>\n

Investor sentiment was shaken after a report by The Wall Street Journal indicated that OpenAI had missed internal targets for weekly users and revenue<\/a>. <\/p>\n

The report also noted concerns from CFO Sarah Friar about the company\u2019s ability to meet computing contract obligations if revenue growth does not accelerate.<\/p>\n

Although OpenAI is privately held, its performance is closely watched by investors due to its influence on the broader AI ecosystem and its ties to major listed technology companies.<\/p>\n

Chipmakers, AI-linked stocks retreat<\/h2>\n

The report triggered declines across AI-linked and semiconductor stocks in premarket trading. <\/p>\n

Shares of Oracle fell sharply<\/a>, reflecting scrutiny over its reliance on OpenAI for cloud computing growth.<\/p>\n

Chipmakers also came under pressure. Nvidia dropped more than 2.9%, while Advanced Micro Devices and Arm Holdings declined 4% and 7%, respectively. <\/p>\n

Broadcom and Intel also posted losses.<\/p>\n

The weakness comes after a strong rally that pushed the S&P 500 and Nasdaq to record highs earlier in the week, fueled by optimism around AI-driven growth.<\/p>\n

Outside of technology, individual stock moves were mixed. <\/p>\n

Shares of United Parcel Service fell after reporting a sharp drop in quarterly adjusted profit. <\/p>\n

Meanwhile, Coca-Cola rose after lifting its annual profit outlook<\/a>. <\/p>\n

Spotify declined after forecasting second-quarter profit below expectations.<\/p>\n

Oil surge, geopolitical tensions add pressure<\/h2>\n

Beyond tech-specific concerns, broader market sentiment was weighed down by rising geopolitical risks and surging oil prices.<\/p>\n

The ongoing tensions involving the United States and Iran remain a key overhang, with negotiations appearing to stall. <\/p>\n

A US official said President Donald Trump was dissatisfied with Iran\u2019s latest proposal, dampening hopes for a near-term resolution.<\/p>\n

Oil prices have surged amid continued disruption to the Strait of Hormuz, a key global shipping route.<\/p>\n

Brent crude futures climbed above $111 per barrel, while West Texas Intermediate rose above $100 per barrel. Prices are now roughly 54% higher than pre-war levels.<\/p>\n

Political developments have further complicated the outlook. Over the weekend, Trump canceled plans to send envoys to Pakistan for ceasefire talks, suggesting negotiations could continue remotely. <\/p>\n

Iranian officials also indicated no meetings are currently scheduled between Tehran and Washington.<\/p>\n

Earnings in focus amid high expectations<\/h2>\n

The market moves come during a critical week for corporate earnings, particularly among large-cap technology companies.<\/p>\n

Five of the so-called \u201cMagnificent Seven\u201d firms are set to report results, including Alphabet, Amazon, Meta Platforms, Microsoft, and Apple.<\/p>\n

With elevated valuations and high expectations, investors remain focused on whether earnings can justify the recent rally, particularly as macroeconomic and geopolitical uncertainties persist.<\/p>\n

The post Dow rises 110 points as Nasdaq slides on AI fears, oil surge weighs<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

US stocks opened lower on Tuesday, led by weakness in technology shares, as investors reassessed whether the artificial intelligence boom can sustain its momentum.The tech-heavy Nasdaq Composite fell more than 1.15%, while the S&P 500 dropped around 0.54%. In contrast, the Dow Jones Industrial Average edged higher by 110 points or 0.23%, supported by gains…<\/p>\n","protected":false},"author":1,"featured_media":4624,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-4623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock"],"_links":{"self":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4623"}],"version-history":[{"count":0,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/4623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/media\/4624"}],"wp:attachment":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}