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Musk Files Damages Claim Seeking Up to $134 Billion From OpenAI, Microsoft [Yahoo! Finance]

Microsoft Corporation (MSFT)  More Company Research Source: Yahoo! Finance
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Microsoft ( NASDAQ:MSFT ), seeking damages that could range from $79 billion to $134 billion as the dispute heads toward a jury trial. In a court filing submitted on Friday, Musk's legal team outlined a damages framework prepared by a financial economist, arguing that Musk may be entitled to a portion of OpenAI's current $500 billion valuation. The filing followed a federal judge's decision to reject a last-ditch effort by OpenAI and Microsoft to avoid trial, setting the stage for jury proceedings scheduled for late April in Oakland, California. Warning! GuruFocus has detected 2 Warning Sign with MSFT. Is MSFT fairly valued? Test your thesis with our free DCF calculator. Musk's lawyers contend that the damages reflect both his $38 million seed donation to OpenAI when he helped found the company in 2015 and his broader non-financial contributions, including technical and business guidance. According to expert witness C. Paul Wazzan, the alleged wrongful gains could amount to betw [Read more]

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Stockreport

Musk Files Damages Claim Seeking Up to $134 Billion From OpenAI, Microsoft [Yahoo! Finance]

Microsoft Corporation  (MSFT) 
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
Microsoft ( NASDAQ:MSFT ), seeking damages that could range from $79 billion to $134 billion as the dispute heads toward a jury trial. In a court filing submitted on Friday, Musk's legal team outlined a damages framework prepared by a financial economist, arguing that Musk may be entitled to a portion of OpenAI's current $500 billion valuation. The filing followed a federal judge's decision to reject a last-ditch effort by OpenAI and Microsoft to avoid trial, setting the stage for jury proceedings scheduled for late April in Oakland, California. Warning! GuruFocus has detected 2 Warning Sign with MSFT. Is MSFT fairly valued? Test your thesis with our free DCF calculator. Musk's lawyers contend that the damages reflect both his $38 million seed donation to OpenAI when he helped found the company in 2015 and his broader non-financial contributions, including technical and business guidance. According to expert witness C. Paul Wazzan, the alleged wrongful gains could amount to betw [Read more]

IMPACT SNAPSHOT
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MSFT
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Price Change %
Volume Shares
Max Up
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
LAST PRICE
VWAP
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%
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%
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%

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Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS