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Source document· April 18, 2026

The Nasdaq Just Did Something It Hasn't Done Since 2020, and Here's What Could Happen Next

View original at nasdaq.com
The Nasdaq Just Did Something It Hasn't Done Since 2020, and Here's What Could Happen Next Key Points The stock market recently declined on the back of soaring oil prices, triggered by the conflict between the U.S…
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  • If OpenAI and other top developers plan to spend less money on development, then Oracle and Microsoft will have to pull back on their infrastructure spending

    60% confidence
  • The Nasdaq-100 technology index was already slipping prior to the war, as concerns mounted about the sustainability of the artificial intelligence (AI) spending boom

    60% confidence
  • Investors might have already priced in a slowdown

    60% confidence
  • The 10 best stocks for investors to buy now could produce monster returns in the coming years

    60% confidence
  • History suggests the Nasdaq-100 will continue to rise over the long-term

    60% confidence
  • The knock-on effects will result in less revenue for suppliers of data center chips and networking components like Nvidia, Advanced Micro Devices, Broadcom, and Micron Technology

    60% confidence
  • Time in the market always beats timing the market, so waiting on the sidelines for a better opportunity will often result in missed gains instead

    60% confidence
  • The stock market recently declined on the back of soaring oil prices, triggered by the conflict between the U.S. and Iran

    60% confidence
  • The index recently logged the largest 13-day gain since 2020, but the potential risks surrounding the AI industry haven't subsided

    60% confidence

Data points we hold from this source

OpenAI · capital expenditure previous estimate1400 USD
OpenAI · capital expenditure target600 USD
What we know · the intelligence behind this page
Live from the substrate
What we're seeing
AI Capital Keeps Flowing as Enterprise Adoption and Government Contracts Validate the Bet
A late-August surge of nine-figure funding rounds (Socure, Stability AI, Generalist AI, Gatik, Regent Craft, Emerald AI, Owner) shows venture capital still pouring into AI infrastructure, identity/fintech, and autonomy, even as public-market sentiment stays jumpy — Palantir's stock fell 6% the same week it landed the Army's TITAN contract. UiPath's raised guidance and strong Q2 results, alongside efficiency breakthroughs like Multiverse Computing's model compression, point to real enterprise monetization catching up to the funding hype.
Our read on the data ›
Signals we're tracking
EPKINLY Regulatory-Clinical Success Cascade
High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
Patterns we're watching ›
Where sources disagree
JPMorgan Chase & Co.
Both facts record the same attribute (net_income) for JPMorgan Chase & Co. in the identical fiscal period (Q1 2026) and observation date (2026-03-31), but report values that differ by approximately 1 billion times: $16,494,000,000 vs $16.49. These cannot both be true simultaneously. The discrepancy suggests either a unit mismatch (e.g., one is total net income, the other earnings per share mislabeled as net_income), a decimal point error, or data entry corruption. For the same entity, attribute, and time period, only one value can be correct.
We flag conflicts openly ›
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