Nasdaq-100 & OpenAI

Nasdaq-100: Nasdaq-100 is the chosen exchange for SK Hynix's U.S. listing, which is expected to benefit from increased trading volume and the addition of a major AI-linked company.

OpenAI: OpenAI is an AI-focused company expected to have an IPO, indicating the broader trend of AI companies entering public markets.

Nasdaq-100: The Nasdaq 100 index will include SpaceX, forcing tracking funds to buy its stock, which will impact the index's composition and performance.

OpenAI: OpenAI is an investment of SoftBank Group, and its valuation concerns are indirectly impacting SoftBank's stock performance.

Nasdaq-100: The Nasdaq-100 edged up, indicating a mixed market session where Western Digital's gains were primarily driven by company-specific catalysts rather than a broad market rally.

OpenAI: OpenAI's ChatGPT spurred the initial demand for GPUs and subsequently memory capacity, setting the stage for Western Digital — Sandisk's growth.

Nasdaq-100: The Nasdaq-100 is used as a benchmark for comparing Oracle Corporation's price-to-earnings ratio and stock performance.

OpenAI: OpenAI is a major customer of Oracle Corporation, accounting for a significant portion of Oracle Corporation's remaining performance obligations. However, there are concerns about OpenAI's ability to fulfill its large contractual commitments given its current revenue and losses.

Nasdaq-100: Nasdaq-100 is the stock exchange where Microsoft's shares are traded, and its stock price experienced a significant drop following the negative news.

OpenAI: OpenAI's ChatGPT is mentioned as a rival product to Microsoft's Microsoft.