Elon Musk and Sam Altman are arguing on X. Apple is suing OpenAI. These are separate events happening at the same time. Your portfolio is not affected by either.
Altman says Musk is obsessed with him because OpenAI released a model this week. Musk probably replied with something about how he actually founded OpenAI or how Sam is destroying humanity or both. The lawsuit from Apple involves intellectual property nobody reading this understands. The stock tickers attached to these names will move based on which hedge fund intern has to write the sentiment analysis report.
Retail traders are now trying to figure out if this means they should buy AAPL or TSLA or neither. They will check three different Reddit threads. They will watch a YouTube video titled "EMERGENCY: What Apple's OpenAI Lawsuit REALLY Means." They will do everything except acknowledge that two rich guys fighting on social media has never once predicted a stock's next-day movement.
The correct trade here is no trade. The second-best trade is also no trade. If you are building a position based on Elon Musk's posting frequency or Sam Altman's emotional state, you have already lost money you just haven't closed the position yet.
Apple files lawsuits constantly. OpenAI releases models constantly. Musk and Altman have been sniping at each other since before ChatGPT made everyone forget what actual work looks like. None of this is new. None of this is actionable. The only thing that changed is you read a headline and decided it mattered.
The funniest part is someone out there is building a DCF model right now that incorporates "founder Twitter beef intensity" as a risk factor.
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