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OpenAI Fails to Hit Revenue Target, Google Inks AI Deal with Pentagon
Published 1 month, 1 week ago
Description
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 beer sales by one billion pints this summer