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But they've been told no pay rise and yet are taking on all of OpenAI's team with no interview process

Microsoft's share price is almost exactly the same today as it was before any of the drama happened, while the S&P 500 is up half a percent.

We’re looking at different msft stocks then because msft is basically flat from 5 days ago.

Microsoft hit all time highs just on the possibility that they hire Altman. It almost certainly didn’t go even higher because it’s still not a sure thing. If it actually happens I think the market will value Microsoft even higher.

Microsoft hit all time highs because the market has been on a three week rip.

Yes. I was responding to the question about how the employees feel, and they feel great, precisely because all time highs (let’s ignore openai’s impact for now). Wrt openai, why should msft employees feel bad to have openai colleagues who can help further increase share price?

Wrt whether it’s just the market itself or openai, note that news of sama’s firing caused ms shares a steep drop. Then news of sama’s employment with msft help set the share price at least back to where it was before.