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Michael Saylor Says Bitcoin Could Boost Microsoft's Valuation By Nearly $5 Trillion And Add $584 To The Stock By 2034
Monday, December 2, 2024 - 1:36am | 671MicroStrategy Inc. (NASDAQ:MSTR) Chairman Michael Saylor pitched a strong case for Bitcoin (CRYPTO: BTC) adoption to the Microsoft Corp. (NASDAQ:MSFT) board, projecting a $5 trillion market cap addition in case of a full embrace. What happened: In a 3-minute presentation, Saylor called Bitcoin the...
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Musk Goes To Court To Block OpenAI's For-Profit Transition
Sunday, December 1, 2024 - 4:45pm | 474Elon Musk has filed for a court injunction to halt OpenAI from transitioning into a for-profit organization, as per a recent court filing. What Happened: According to a court filing, Musk’s legal team has requested Judge Yvonne Gonzalez Rogers of the U.S. District Court for the Northern...
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Bill Gates Surprised By Lack of Interest In These Essential But 'Boring' Topics
Sunday, November 3, 2024 - 4:30pm | 466Microsoft co-founder and philanthropist Bill Gates has underscored the importance of global health issues, expressing his astonishment at the public’s lack of interest in these matters. What Happened: Gates believes that issues such as child mortality and malnutrition are as significant as...
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Meta, Microsoft, Robinhood, Super Micro, And Coinbase: Why These 5 Stocks Are On Investors' Radars Today
Wednesday, October 30, 2024 - 10:31pm | 705U.S. stock indices closed lower on Wednesday, as the Dow Jones Industrial Average slipped 0.2% to 42,141.54, while the S&P 500 edged down 0.3% to 5,813.67. The Nasdaq saw a steeper decline, falling nearly 0.6% to 18,607.93. The U.S. economy expanded by 2.8% in the third quarter, missing...
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Bill Gates Dismissed Crypto In Favor Of Things With 'Valuable Output' — If You Invested $1000 In Bitcoin On That Day, Here's How Much You'd Have Today
Wednesday, October 30, 2024 - 8:00am | 496Microsoft founder Bill Gates hasn't had very encouraging words for cryptocurrencies as an asset class, or Bitcoin (CRYPTO: BTC), and his public remarks have frequently reflected this pessimism. What happened: Gates, one of the richest people on the planet, disclosed in May 2022 that he doesn't hold...
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Alphabet, Meta Platforms, Microsoft, Snap, And AMD: Why These 5 Stocks Are On Investors' Radars Today
Tuesday, October 29, 2024 - 10:41pm | 667U.S. stocks saw a mixed performance on Tuesday, with the Nasdaq Composite index surging by over 140 points. The Dow traded down by 0.4% to 42,233.05, while the NASDAQ rose by 0.8% to 18,712.75. The S&P 500 also experienced a gain, rising by 0.2% to 5,832.92. These are the top stocks that gained...
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Microsoft And OpenAI Clash Over $14 Billion As The AI Leader Converts To A For-Profit Business, Disrupting The Tech World
Friday, October 25, 2024 - 4:30pm | 691Microsoft and OpenAI are locked in a high-stakes financial and governance tug-of-war and everyone in the tech world is holding their breath. With Microsoft having invested nearly $14 billion in OpenAI since 2019, the question is how much of a piece of the pie Microsoft will get as OpenAI shifts...
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Microsoft Shareholders Want It To Buy Bitcoin, Say MicroStrategy Shares Outperformed
Friday, October 25, 2024 - 12:11am | 559Microsoft Corp. (NASDAQ:MSFT), with a market capitalization of over $3 trillion, disclosed it will vote for an assessment of investing in Bitcoin (CRYPTO: BTC) during the upcoming shareholders meeting in December. What happened: In a Thursday filing with the SEC, the technology giant listed a line...
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Microsoft's Nadella Makes A Point Of Calling Fellow CEOs Each Day
Saturday, October 12, 2024 - 1:30pm | 464Microsoft Corporation CEO Satya Nadella has a unique task on his to-do list each day: making two phone calls to different CEOs. What Happened: Nadella’s staff schedules two calls each day with executives from various companies as part of his networking strategy. These conversations range from...
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Jeff Bezos-Led Amazon Almost Ran Out Of Cash 24 Years Ago. At $400B, It Is Now Projected To Have As Much Cash As Apple And Microsoft Combined By 2027: Here's More
Thursday, October 10, 2024 - 6:54am | 671Jeff Bezos’ Amazon.com Inc. (NASDAQ:AMZN) once nearly ran out of cash 24 years ago, during the dot-com bubble crisis of 2000. It was once reportedly left with just 10 months of cash, with its stock price plunging to $7 from $107. Fast forward to 2024, Amazon is expected to have nearly as much...
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Here's Why Bill Gates Drops To Historic Low On Forbes 400 List
Saturday, October 5, 2024 - 3:30pm | 429Tech titan and co-founder of Microsoft, Bill Gates has descended to his lowest position on the Forbes 400 list in almost a quarter of a century. What Happened: Despite amassing a colossal fortune of $107 billion, Gates has slipped to the ninth position, a significant drop from his sixth place...
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Microsoft Loses Critical Security Logs - Here's How It Could Impact You
Saturday, October 5, 2024 - 1:45pm | 448Microsoft Corp. (NASDAQ:MSFT) has reportedly lost log data for several of its crucial security products, which could potentially affect customers’ ability to detect threats and generate security alerts. What Happened: Microsoft experienced a failure in consistently collecting log data for a...
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'Possible, But Not Probable': Steve Jobs' Witty Transportation Answer In 1973 Resume Earns Him Online Accolades — Bill Gates $15k Salary No Less Impressive In The Same Era
Tuesday, September 24, 2024 - 9:07pm | 689The early resumes of tech industry pioneers Steve Jobs and Bill Gates resurfaced online last month, making it clear that even at the age of 18, they were already showcasing impressive skills. What Happened: Bloomberg’s Jon Erlichman took to X and posted the resumes, describing them as “...
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Intel, Microsoft, Meta Platforms, Pfizer, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Monday, September 16, 2024 - 10:50pm | 564On Monday, major U.S. indices showed mixed results. The Dow Jones Industrial Average closed 0.5% higher at 41,622.08, while the S&P 500 edged up 0.1% to 5,633.09. Meanwhile, the Nasdaq fell by 0.5%, closing at 17,592.13. These are the top stocks that gained the attention of retail traders and...
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Tech Analyst Raises Red Flags Over Nvidia's Heavy Dependence On Just Four Customers For Q2 Revenue: 'Highly Unusual For A Company' (UPDATED)
Monday, September 9, 2024 - 12:28pm | 662Editor’s note: The article has been updated with response from Nvidia. Nvidia Corp. (NASDAQ:NVDA) reported $30 billion in revenue for the second quarter, with nearly half coming reportedly from just four customers. What Happened: According to an SEC filing, these four clients accounted for 46...