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Wall Street Starts Upward on Tech Rally
Wall Street opened higher with a rebound in technology stocks after a session of losses due to a decline in AI-related shares, especially following a disappointing revenue report from OpenAI, which announced that its annual revenue reached $50 billion by the end of September, below the expected $68 billion. Shares of companies like SpaceX and Luminate also rose, while telecommunications stocks such as AT&T and Verizon declined amid concerns about the impact of deals on competition. Despite the volatility, the US indices are heading to end the week on a positive note, with improvements in the Nasdaq and S&P 500 performances.
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