Microsoft (MSFT) Stock On The Rise After Hiring Former OpenAI CEO

Microsoft (MSFT) stock is higher after hiring former OpenAI CEO Sam Altman. Renita Young joins Oliver Renick to discuss the move in MSFT. They talk about how OpenAI investors pushed to get Sam Altman back as CEO; the group included Microsoft, Tiger Global, and Thrive Capital. They also talk about Wedbush’s Dan Ives note highlighting that OpenAI were “at the kids poker table and thought they won until Nadella and Microsoft took this all over in a world series of poker for the ages.” Tune in to find out more about the stock market today.