BUZZ-Oracle, SoftBank fall after report flags OpenAI growth concerns

Reuters
2026.04.28 11:24

AI cloud firm Oracle (ORCL.N) falls 7.61% to $159.8 premarket

OpenAI falls short of internal targets for new users, revenue in recent months, Wall Street Journal reports, sparking concern over whether it can support extensive data centre spending

Report says ChatGPT’s growth slowed toward 2025 end, with OpenAI falling short of internal target to reach 1 billion weekly active users for AI chatbot

OpenAI CFO Sarah Friar warns internally co may struggle to pay for future computing contracts if revenue growth does not accelerate, WSJ says

Oracle reported to have signed one of biggest cloud deals ever with OpenAI, under which ChatGPT maker is expected to buy $300 bln in computing power from Oracle

SoftBank Group (9984.T) , major investor in AI and OpenAI, closes 9.9% lower

As of last close, ORCL down 11.2% this year

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