OpenAI Fails to Hit Revenue Target, Google Inks AI Deal with Pentagon

The Rundown · Apr 28, 2026 · 9m

Market update for Tuesday April 28, 2026

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In today’s episode:

OpenAI misses key revenue and user growth targets, raising questions about its massive spending plans and IPO timeline

Google signs a classified AI deal with the Pentagon, joining OpenAI and xAI

Coca-Cola beats earnings and raises guidance as volume growth returns

Spotify tanks after weak guidance overshadows a solid quarter

The World Cup is expected to boost global…