Reaction to OpenAI's revenue miss: How to trade it
The Investment Committee discusses the impact of OpenAI's revenue miss on tech stocks. Panelists are split on whether it signals a broader AI slowdown or is company-specific, with Scott remaining bullish on semiconductors and Mag-7, while Seema defends Oracle and Microsoft. The selloff is seen as an overreaction by some, with opportunities in data center industrials.
- OpenAI reported missing revenue and user targets, causing a 1.3% decline in the Nasdaq.
- Panelists debate whether the miss is a company-specific issue or a broader AI inflection point.
- Scott maintains bullish on semiconductors, technology, and the Magnificent Seven.
- Scott highlights Alphabet as a beneficiary of OpenAI's share loss to Gemini.
- Scott reveals he bought Marvell with proceeds from trimming Broadcom.
- Scott is buying a data center industrial stock that sold off on the news.
- Seema remains bullish on Oracle and Microsoft, seeing Oracle as unjustly punished.
- Stephan notes that Claude (Anthropic) is gaining significant market share from OpenAI.
Идеи
Bullish on semiconductors and technology.
Scott maintains a bullish perspective on semiconductors and technology overall, believing that the OpenAI revenue miss is not a major inflection point for the AI sector but rather a company-specific issue due to competition from Google's Gemini and Anthropic's Claude. The AI spending cycle remains intact.
Bullish on Mag-7 tech giants.
Scott is maintaining a bullish perspective on the Magnificent Seven tech giants, expecting them to continue benefiting from AI adoption and spending.
Alphabet gains from OpenAI share loss.
Scott is bullish on Alphabet (Google) specifically because OpenAI is losing market share to Gemini, making Alphabet a beneficiary of the shift in AI competition.
Bought Marvell, trimmed Broadcom.
Scott bought Marvell (MRVL) with proceeds from trimming Broadcom, indicating a rotation within semiconductor names. The purchase is based on momentum and recent strong performance.
Buying a data center industrial.
Scott is buying one of the data center industrials that have been sold off on the OpenAI news, seeing an opportunity as the data center buildout continues and the AI arms race remains intact.
Oracle unjustly sold off, maintain.
Seema remains a believer in Oracle, maintaining her position because the stock was unjustly hurt due to over-concentration on OpenAI as a customer. Oracle has a strong balance sheet, diverse customer pipeline, and the ability to manage the business.
Далее
This CNBC video, published April 28, 2026, features Scott, Seema discussing SMH, XLK, MAGS, GOOGL, MRVL, Data center industrials, ORCL, MSFT. 7 trade ideas extracted by AI with direction and confidence scoring.
Speakers: Scott, Seema · Tickers: SMH, XLK, MAGS, GOOGL, MRVL, Data center industrials, ORCL, MSFT