FINWIRES · TerminalLIVE
FINWIRES

Market Chatter: OpenAI Posts Cash Burn of $3.7 Billion for Q1

By

Microsoft-backed (MSFT) OpenAI recorded a cash burn $3.7 billion in Q1 of 2026, which is more than half of its $5.7 billion revenue for the three-month period, The Information reported late Tuesday, citing documents shared with shareholders.

Additionally, the artificial intelligence company had cash and marketable securities of more than $73 billion as of Q1 end, compared with $40 billion at the end of December, the report said.

OpenAI did not immediately respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: $383.16, Change: $-10.68, Percent Change: -2.71%

Related Articles

Wire

Top Cryptocurrencies Lower; Bitcoin Falls Below $66,000 Level

Major digital assets were weaker Tuesday, with Bitcoin (BTC-USD) falling below the $66,000 level.The CoinDesk Market Index, which tracks dozens of digital assets including Bitcoin, fell almost 2.3% in the past 24 hours. The Nasdaq 100 fell 1.7%, the S&P 500 declined 0.5%, and the Dow Jones Industrial Average increased 0.7%.Bitcoin fell 1.5% to $65,538, according to CoinMarketCap data. The most popular cryptocurrency's 24-hour trading volume dropped 30.9% to $26.1 billion.Ethereum (ETH-USD), the second-largest digital asset by market value, dropped 1.6% to $1,794.XRP (XRP-USD) shed 4.5%, BNB (BNB-USD) lost 2.2%, and Solana (SOL-USD) decreased 1.6%. Dogecoin (DOGE-USD) fell 1.7%, while Cardano (ADA-USD) declined 6.6%.The US 10-year Treasury yield stood at 4.426% at 3 p.m. ET Tuesday, down from 4.469% Monday, while the five-year yield fell to 4.149% from 4.186%.The total market value of the cryptocurrency industry fell 1.5% in the past 24 hours to $2.25 trillion, with trading volume declining 20.6% to $78.55 billion.Price: $65544.28, Change: $-743.20, Percent Change: -1.12%

$ADA-USD$BNB-USD$BTC-USD$DOGE-USD$ETH-USD$SOL-USD$XRP-USD
Wire

Thor Industries Keeps Quarterly Dividend at $0.52 a Share, Payable July 15 to Holders of Record July 1

Thor Industries Keeps Quarterly Dividend at $0.52 a Share, Payable July 15 to Holders of Record July 1

$THO
Wire

Sector Update: Consumer

Consumer stocks edged up late Tuesday afternoon, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) each fractionally higher.In corporate news, Rivian Automotive (RIVN) laid off hundreds of employees, or under 2% of its workforce, Tuesday, the Wall Street Journal reported, citing a company spokesperson. The layoffs affected workers in the electric-vehicle maker's service and customer organization, the report said. Rivian shares fell 4.3%.

$RIVN