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Tech underperforms on concerns over AI data centre spend - Newsquawk US Market Wrap

Trump admin unlikely to accept Iran's latest plan; UAE to quit OPEC & OPEC+ from May 1st; Trump said Iran informed them they are in a "State of Collapse"; Iran reportedly to send revised plan in the coming days; BoJ holds, as expected, but with 6-3 hawkish vote split & Ueda refusing to give future rate path guidance; Open AI reportedly misses revenue & user targets; US Consumer Confidence unexpectedly improves; US ADP weekly employment little changed; Average US 7yr note auction; SPOT sinks on revenue miss.

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