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AI Stocks & Big Tech Earnings: Why OpenAI Partners are Falling | The Pulse 4/28
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April 28, 2026
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50:16Now PlayingShares in OpenAI partners such as SoftBank and Oracle slumped after the Wall Street Journal reported that the artificial intelligence startup recently failed to meet targets for sales and new users, reviving worries about spending ahead of tech earnings.
SoftBank tumbled almost 10% in Tokyo, while CoreWeave and Oracle fell by more than 7% in US premarket trading. Although OpenAI has struck deals with dozens of firms, markets tend to focus on a smaller subset of major partners including Nvidia, SoftBank, Oracle, Microsoft, CoreWeave and Advanced Micro Devices as investment proxies for the creator of ChatGPT.
Today's guests:
Nicolai Tangen, CEO Norges Bank Investment Management; Huw van Steenis, Oliver Wyman, Partner and Vice Chair; Stefano Domenicali, Formula 1 CEO and President.
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
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