Oklo is down almost 8% today, reflecting weakness in some individual stocks within the current market correction.
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Stock Market Live: OpenAI Meltdown Triggers Selloff
Ricky GutierrezMay 1, 2026
The Nasdaq experienced a sell-off driven by uncertainty surrounding OpenAI's performance and missed targets, impacting AI stocks. Despite a 1.3% drop on the Nasdaq, the creator notes that many tech stocks like AMD, Intel, and Nvidia have seen significant gains year-to-date, suggesting the pullback is a correction due to overvaluation and hype. The creator emphasizes the importance of understanding market movements, especially with upcoming FOMC decisions and big tech earnings, and advises caution against irrational market behavior.
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SanDisk is down 7% today, contributing to the broader market pullback.
Microsoft is scheduled to report earnings tomorrow, and its results are anticipated to influence market trends.
Alphabet (Google) is set to report earnings, and its results will be a significant factor for the market's direction.
Meta is among the big tech companies reporting earnings tomorrow, with its performance potentially impacting the broader market.
Amazon is expected to report earnings, and its performance could influence market sentiment, especially given its prior involvement with OpenAI.
Intel is correcting despite significant year-to-date gains, illustrating the market's reaction to unmet expectations.
Nvidia is down 3% amid the Nasdaq's correction, but has seen significant gains year-to-date.
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