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Barchart
Barchart
Oleksandr Pylypenko

Nasdaq Futures Plunge as AI Concerns Resurface, FOMC Meeting and Earnings in Focus

June Nasdaq 100 E-Mini futures (NQM26) are trending down -1.24% this morning as concerns resurfaced over whether the massive amounts of investment in AI will ultimately pay off.

The Wall Street Journal reported on Monday that OpenAI recently fell short of its own targets for new users and revenue, raising concerns among executives about whether it can meet its spending commitments. The ChatGPT developer missed several monthly sales targets in 2026 as rival Anthropic PBC gained ground in the coding and enterprise markets, the report said. Shares of companies with ties to OpenAI, including Oracle, Advanced Micro Devices, and CoreWeave, slumped in pre-market trading.

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