S&P 5007,316.15▼1.5% Nasdaq24,442.94▼1.7% Dow51,594.14▼2.2% Russell 2K2,906.31▼1.6% 10-Yr4.62%+2bp VIX20.66+2.45 WTI$84.41▲6.5% Gold$4,134.80▲2.4% EUR/USD1.147▲0.9% BTC$63,973▲0.2% Nikkei62,365▼4.0%
At close · Wed, Jul 29, 2026
Daily Market Updates.

Earnings

HomeEarningsPreviewsOpenAI CFO tells employees July annualized revenue top…

OpenAI CFO tells employees July annualized revenue topped Q2

The internal message aimed to reassure staff that the business remains on track amid intensifying competition from Anthropic and open-source players.

CNBC reports that OpenAI CFO Sarah Friar told employees that annualized revenue in July exceeded the company’s Q2 run rate. The message was framed as reassurance about the company’s business health.

According to CNBC, OpenAI is also addressing growing competitive pressure, including from Anthropic and from a range of open-source players. The CFO’s communication is positioned as part of managing internal expectations as that competitive landscape evolves.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.