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OpenAI's ChatGPT Launch Sends Tech Stocks Soaring

10/7/2025

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Story summary
  • OpenAI, not publicly traded, moves markets after announcing a ChatGPT buy option and partnerships with tech firms at its developers event, boosting Shopify and Etsy.
  • A blog post about internal features unsettled software stocks, including Atlassian.
  • Figma rose 7.4%, HubSpot 2.6%, and Salesforce 2.3%. Expedia and TripAdvisor gained at least 7%, and Mattel rose nearly 6% but closed flat.