Stock Market Today, April 28: Tech Stocks Slide on OpenAI-Fueled Jitters [Yahoo! Finance]
General Motors Company (GM)
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Source: Yahoo! Finance
Average (DJINDICES:^DJI) slipped 0.05% to 49,141.93 as tech weakness offset strength in energy and defensives. Market movers Artificial intelligence (AI) stocks struggled today, particularly those tied to OpenAI, such as Oracle and CoreWeave . A Wall Street Journal report said that the artificial intelligence research company had missed revenue and user targets, a claim OpenAI denied this morning. General Motors and Coca-Cola both gained following solid quarterly earnings. Energy stocks such as Chevron and ExxonMobil both finished in the green. What this means for investors Software and chip names felt the pressure today, as concerns about OpenAI triggered a pullback in AI-focused stocks. With big names such as Nvidia trading close to all-time highs, investors are worried about whether the huge investment in AI infrastructure will pay off. The news comes in the week that several mega-cap tech companies, including Alphabet, Amazon, Meta Platforms , and Microsoft, are due to
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News
- General Motors Q1 Earnings Call Highlights [Yahoo! Finance]Yahoo! Finance
- Stock Market Today, April 28: Tech Stocks Slide on OpenAI-Fueled Jitters [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Experts say tariff refunds unlikely to reach the consumer [CBS News]CBS News
- Cadillac unveils one-off stars-and-stripes livery ahead of the team's first-ever race on U.S. soil [FOX News]FOX News
- GM: Iran war causing cost increases, but pricey vehicles continue to sell [CNBC]CNBC
GM
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- 4/28/26 - Beat
GM
Sec Filings
- 4/28/26 - Form 10-Q
- 4/28/26 - Form 8-K
- 4/20/26 - Form ARS
- GM's page on the SEC website