Elon Musk and Sam Altman’s court showdown will dish the dirt [Verge, The]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Verge, The
Elon Musk cofounded OpenAI, and then flounced off in a huff when he wasn't anointed CEO, leaving Sam Altman as the last power-hungry man standing. Now, Musk is back with a lawsuit, and a trial is scheduled to start in Oakland, California, on April 27th. Theoretically , it's a legal case about whether OpenAI defrauded Musk. But that's not really what we're all doing here. This is about mess. Over the past couple of years, Musk's legal theories for punishing OpenAI have run the gamut from breach of contract to unfair business practices to false advertising. Now, he and Altman will be getting called to the stand at a particularly delicate time. Musk's xAI, now a part of SpaceX , has filed for an initial public offering . OpenAI is rumored to be considering an IPO itself. There are only billions of dollars at stake. And so naturally, there's a lot of internal tech gossip coming to light. Questions about Elon's “rhino ket” use won't make it into the trial … but it's in news stories be
Show less
Read more
Impact Snapshot
Event Time:
META
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
META alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
META alerts
High impacting Meta Platforms, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
META
News
- Focus Is the Moat: Cytation AI Outbuilds the Platforms on Trust by Refusing to Do Anything ElsePR Web
- Billionaire Stanley Druckenmiller Sells Meta and Buys These 2 Other Magnificent AI Stocks Instead [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Meta faces new pressure as states push social media restrictions [Yahoo! Finance]Yahoo! Finance
- Billionaire Stanley Druckenmiller Sells Meta and Buys These 2 Other Magnificent AI Stocks Instead [Yahoo! Finance]Yahoo! Finance
- From rogue AI blackmailing humans to condensing school days, the AI revolution is already reshaping life [FOX Business Network]FOX Business Network
META
Earnings
- 1/28/26 - Beat
META
Sec Filings
- 4/22/26 - Form 4
- 4/21/26 - Form PX14A6G
- 4/20/26 - Form 144
- META's page on the SEC website