CHAT is trading at $91.57, down 1.52%, as risk-off sentiment follows President Trump’s rejection of Iran’s proposed Strait of Hormuz reopening plan.
- Reuters reported Brent rose 2.7%, U.S. crude rose 1.9%, and Nasdaq futures fell 0.7% in early trading.
- The 10-year Treasury yield is near multiyear highs, pressuring growth-oriented technology stocks.
- OpenAI’s training pause adds an AI-sector headwind, but the broader macro backdrop is the clearer driver.