OpenAI, Microsoft in $14B tussle as AI giant changes into for-profit company: report [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am
Check Earnings Report
US:NYSE Investor Relations:
goldmansachs.com/investor-relations
Company Research
Source: Yahoo! Finance
intelligence juggernaut as the latter prepares to transform itself from nonprofit to for-profit company. Both firms have turned to investment banks for advice in the high-stakes negotiations as Microsoft seeks a major slug of equity in OpenAI in exchange for the $14 billion in cash it has injected into the company thus far, according to the Wall Street Journal Microsoft, headed by CEO Satya Nadella, has hired Morgan Stanley, the paper reported, citing unnamed sources close to the situation. OpenAI — headed by 39-year-old tech tycoon Sam Altman — has meanwhile hired Goldman Sachs, the sources said. Microsoft is OpenAI's biggest investor and began its massive cash infusions in 2019. The company was a participant in a recently closed $6.6 billion fundraising round that valued OpenAI at a whopping $157 billion – even though it is expected to lose $5 billion this year. Aside from the size of Microsoft's equity take, the companies are expected to negotiate the extent of its gove
Show less
Read more
Impact Snapshot
Event Time:
GS
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
GS 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
GS alerts
High impacting Goldman Sachs Group, Inc. (The) news events
Weekly update
A roundup of the hottest topics
GS
News
- Microsoft and OpenAI are haggling over the tech giant's stake in the startup [Yahoo! Finance]Yahoo! Finance
- ELAM: New Highs in Stocks, Oil Lags [Yahoo! Finance]Yahoo! Finance
- SentinelOne, Inc. (S) Upgraded by Piper Sandler as AI-Powered Purple AI Platform Drives Q2 Outperformance and Market Share Gains [Yahoo! Finance]Yahoo! Finance
- Astera Labs Inc (ALAB) Unveils Industry's First PCIe 6 Switch, Revolutionizing AI Infrastructure with Scorpio Smart Fabric Switch Portfolio [Yahoo! Finance]Yahoo! Finance
- WNBA's salary ‘doesn't even pay one of my bills,' says Angel Reese [Yahoo! Finance]Yahoo! Finance
GS
Earnings
- 10/16/24 - Beat
GS
Sec Filings
- 10/18/24 - Form 424B2
- 10/18/24 - Form 424B2
- 10/18/24 - Form 424B2
- GS's page on the SEC website