{"id":84528,"date":"2026-10-09T16:52:28","date_gmt":"2026-10-09T05:52:28","guid":{"rendered":"https:\/\/www.icmarkets.com.au\/blog\/?p=84528"},"modified":"2026-10-09T16:52:31","modified_gmt":"2026-10-09T05:52:31","slug":"friday-9th-oct-2026-u-s-stock-futures-steady-as-openai-revenue-concerns-weigh-on-ai-stocks","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com.au\/blog\/friday-9th-oct-2026-u-s-stock-futures-steady-as-openai-revenue-concerns-weigh-on-ai-stocks\/","title":{"rendered":"Friday 9th Oct 2026: U.S. Stock Futures Steady as OpenAI Revenue Concerns Weigh on AI Stocks"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><strong>Global Markets:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Asian Stock Markets : Nikkei down 0.20%, Shanghai Composite down 1.21% Hang Seng up 0.96% ASX up 0.56%<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; Commodities : Gold at $4,203.65 (1.12%) Silver at $60.480 (1.77%), Brent Oil at 102.84 (-1.38), WTI Oil at 90.36 (-1.24%)<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; Rates : US 10-year yield at 5.219, UK 10-year yield at 5.4852, Germany 10-year yield at 3.4937<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>News &amp; Data:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf&nbsp; &nbsp; &nbsp; &nbsp; (USD)&nbsp; Unemployment Claims<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197K to 200K&nbsp; expected<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Markets Update:<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">U.S. stock futures were little changed on Thursday evening after a weaker-than-expected revenue figure from OpenAI raised concerns about the artificial intelligence sector\u2019s growth prospects.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">S&amp;P 500 futures edged up 0.09%, while Nasdaq 100 futures gained 0.05%. Dow Jones Industrial Average futures advanced 23 points, or 0.04%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Asian markets were mixed on Friday. Japan\u2019s Nikkei 225 fell more than 1%, while the Topix declined 0.2%. Australia\u2019s S&amp;P\/ASX 200 rose 0.37%, and Hong Kong\u2019s Hang Seng Index gained 0.7%. Mainland China\u2019s CSI 300 slipped 0.48%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">AI-related stocks came under pressure on Thursday after reports indicated that OpenAI had generated $50 billion in annualized revenue by the end of September, below the widely reported $68 billion figure. The higher estimate reportedly included gross revenue from partners.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">CoreWeave plunged more than 7%, while Oracle, Intel and Super Micro Computer lost around 5%. AMD declined nearly 4%, and Nvidia fell almost 3%.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The sell-off pushed the Nasdaq Composite down more than 1%, marking its biggest single-day decline since mid-August. The S&amp;P 500 lost 0.5%, recording its second consecutive session of losses, while the Dow finished slightly higher.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Meanwhile, SpaceX shares gained 2% in extended trading after announcing a deal to acquire a nationwide spectrum portfolio. Shares of AT&amp;T, Verizon and T-Mobile fell amid concerns about increased competition.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investors will watch Delta Air Lines\u2019 earnings and October consumer sentiment data on Friday.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;<strong>Upcoming Events:<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf \u00a0 \u00a0 \u00a0 12:30 PM\u00a0 \u00a0 GMT \u00a0 &#8211; \u00a0 CAD\u00a0 Employment Change<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u25cf\u00a0 \u00a0 \u00a0 \u00a02:00 PM\u00a0 \u00a0 GMT \u00a0 &#8211; \u00a0 USD\u00a0 Prelim UoM Consumer Sentiment<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global Markets: \u25cf&nbsp; &nbsp; &nbsp; &nbsp; &nbsp;Asian Stock Markets : Nikkei [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":79441,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[196,215,339],"tags":[],"class_list":["post-84528","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental-analysis","category-market-analysis","category-recent-posts"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/84528","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/comments?post=84528"}],"version-history":[{"count":1,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/84528\/revisions"}],"predecessor-version":[{"id":84529,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/posts\/84528\/revisions\/84529"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media\/79441"}],"wp:attachment":[{"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/media?parent=84528"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/categories?post=84528"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.icmarkets.com.au\/blog\/wp-json\/wp\/v2\/tags?post=84528"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}