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it kinda worked in a way. AMD offered OpenAI 160 million stock options. With AMD's stock jump today it's net worth increased about $35billion, close enough in
by didntknowyou 1y ago
it kinda worked in a way. AMD offered OpenAI 160 million stock options.
With AMD's stock jump today it's net worth increased about $35billion, close enough in value to those stocks option they gave away (if it was redeemed instantly).
It's too much of a coincidence so I'm guessing market makers and institutional shareholders priced it in their trading today.
- PessimalDecimal 1y agoIf a company gave away some portion of is assets, shouldn't its market cap go _down_ by that amount not up? That's how stocks trade ex dividend e.g.
- geerlingguy 1y agoYou assume the market is in any way rational...
- nake89 1y agoReminds me of "Markets can remain irrational longer than you can remain solvent"