News

Polymarket has launched a new market titled "Elon Musk wins at least 10 billion dollars settlement from Altman/OpenAI", with the current probability for "Yes" at 14%. The contract rules for this event are as follows: By 11:59 PM Eastern Time on December 31, 2026, if Elon Musk's lawsuit against Altman (Case No. 4:24-cv-04722-YGR, U.S. District Court for the Northern District of California) results in a jury verdict, court ruling, or settlement awarding at least 10 billion dollars in cash or equivalent compensation during the initial trial phase, the market will resolve to "Yes"; otherwise, it will resolve to "No". If the case is dismissed, the initial trial does not reach the compensation threshold, or only non-monetary relief is awarded, all will be considered "No". Retrials and appeals are not included in this market. The primary basis for determining the outcome will be official information from the U.S. court system, with significant consensus reports from reputable media also considered. The Elon Musk versus OpenAI lawsuit began jury selection on April 27 local time, with both parties escalating their confrontation publicly on the X platform before the trial. OpenAI stated the lawsuit is groundless, while Elon Musk repeatedly criticized Sam Altman, referring to him as "Scam Altman". The core issue revolves around disputes over OpenAI's shift to a for-profit model. Elon Musk accuses OpenAI of violating its original non-profit commitment and is seeking up to 134 billion dollars in damages, as well as requesting the removal of the for-profit structure and the dismissal of relevant executives. The process of determining liability is expected to continue until mid-May.

On April 28, major European stock indices opened mostly lower. The Euro Stoxx 50 index fell by 0.09%, the UK FTSE 100 index rose by 0.06%, the French CAC 40 index decreased by 0.09%, the German DAX 30 index dropped by 0.05%, and the FTSE MIB index in Italy increased by 0.40%.

On April 28, Bank of Japan Governor Kazuo Ueda stated that there is currently no immediate need to raise interest rates. However, if the current supply shocks lead to secondary ripple effects, a rate hike may be necessary. (Jin Shi)