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tz-plus logo Wall Street and DAX on standby before Fed meeting – Oil prices rise due to ongoing Middle East blockade – Alphabet secures exclusive AI deal with Pentagon – Meta plans giant power supply from space – Eli Lilly revitalizes lucrative weight loss market with new pill – Init Innovation shines with million-dollar contract from Australia

M. Blattmann
Reading Time: 9 minutes

Disappointing user numbers at AI pioneer OpenAI weigh on Nasdaq and burden US indices ahead of Fed meeting On Wall Street , there is noticeable caution ahead of the next central bank meeting. The technology sector is particularly under pressure after reports reveal that AI pioneer OpenAI has missed its internal user number targets. Consequently, the technology-heavy Nasdaq falls by 1.25% to 24,575 points. The Dow Jones is slightly up at 49,208 points, while the broader S&P 500 slips by 0.69% to 7,127 points. A stalled negotiation process...

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