CHAT is trading at $74.13, down 1.59%, as investors remain wary of technology companies’ heavy AI infrastructure spending and uncertain returns, despite a broader market rebound.
- Recent results from Alphabet and Amazon intensified those concerns, while Oracle’s planned $20 billion stock-and-bond issuance added a reminder of AI buildout financing risks.
- Apple’s earnings after the close are a key focus.
- Falling oil and easing U.S.-Iran tensions have supported broader equities, but have not erased tech-sector pressure.