In short

  • The Nasdaq 100 fell by more than 300 points in about half an hour on Thursday.

  • OpenAI told investors that annual revenue was almost $50 billion, according to the FT.

  • That falls short of last month's figure of $70 billion, a gap that has to do with cloud accounting.

Read the original story: Nasdaq drops by more than 300 points after OpenAI revenue falls $20 billion short at Lockridge Okoth: nl.beincrypto.com