Why OpenAI’s Missed Targets Sent Nvidia and AI Stocks Sliding — Market Wrap Apr 29, 2026

7horns.ai Daily Briefing EN · Apr 29, 2026 · 4m

Today's AI insights from 7horns.ai reveal a mixed market tone with the Nasdaq down nearly 1% amid AI trade pressures. OpenAI’s failure to meet revenue and user growth targets weighed heavily on tech and AI-linked stocks, dragging Nvidia down 3.3%, AMD by nearly 7%, and Micron by 3.7%. Meanwhile, geopolitical tensions in the Middle East pushed crude oil prices up over 3.6%, reinforcing energy sector strength. Gold fell almost 2%, reflecting diminished safe-haven demand. On the earnings front, Visa impressed with a 9% payment volume growth, surging 5% in after-hours trading, while Bloom…