# The Nasdaq Composite fell on Tuesday, underperforming the benchmark S&P 500 and the blue-chip Dow.

*business · news · 2026-04-28 · Devdiscourse*

## Key points

- OpenAI missed its internal targets for weekly users and revenue, according to The Wall Street Journal.
- OpenAI executives are concerned about sustaining spending on data centers given missed targets.
- Oracle shares dropped 4.1% amid scrutiny over its reliance on OpenAI for cloud growth.
- The Philadelphia SE Semiconductor Index dropped 4.7% after an 18-day, 47.2% winning streak.
- The United Arab Emirates announced it was quitting OPEC, impacting global oil-exporting dynamics.

**Companies:** Oracle, Nvidia, AMD, Microsoft, Amazon, Alphabet, CoreWeave
**Countries:** United States, Iran, United Arab Emirates

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/headlines/3889856-us-stocks-nasdaq-trails-sp-500-dow-as-ai-growth-worries-hit-tech-stocks)

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