Elon Musk and Sam Altman face trial over OpenAI co-founder dispute as Mag 7 tech giants report earnings and Fed signals interest rate decision

Yahoo Finance AI · April 24, 2026

AI Summary

•A legal battle between OpenAI co-founders Sam Altman and Elon Musk is heading to trial next week. Musk is suing over his departure from the company and claims about its direction; this is the highest-profile tech founder dispute in years and could expose internal details about how OpenAI operates and makes decisions.
•Five of the world's most valuable companies — Alphabet (Google), Microsoft, Amazon, Meta, and Apple — are releasing quarterly earnings reports next week. These results will show whether the massive spending on AI infrastructure and development is translating into actual revenue growth, or if investor expectations have outpaced reality.
•The Federal Reserve is meeting in April to decide whether to raise, lower, or hold interest rates steady. For business professionals and investors, this decision affects borrowing costs for everything from mortgages to business loans, and typically signals the Fed's view on inflation — a major factor influencing tech stock valuations and startup funding availability.

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