Editorial companion

What stands out

CNBC reported OpenAI told investors its annualized revenue was about $20B below widely circulated figures, and that revelation sent major AI-linked stocks, Nvidia, Oracle and Cove (CoreWeave referenced on air), into steep losses. The clip captures a rapid re-pricing: a previously cited $68B annualized figure appears to have included partner-reported gross revenue, while the updated $50B figure excludes that practice, prompting a sharp market reaction and intra-day volatility across chip and cloud vendors.