Microstrategy Chairman Michael Saylor has agreed to deliver a three-minute presentation to Microsoft’s board of directors regarding the potential benefits of investing in bitcoin. During a recent X Spaces event hosted by Vaneck, Saylor revealed that he was approached by the National Center for Public Policy Research (NCPPR), which has been promoting the proposal. Saylor…
November 20, 2024 at 01:20 PM GST updated: November 20, 2024 at 12:19 PM 2 mins read News Microsoft shareholders will vote on the Bitcoin investment proposal on Dec. 10, driven by NCPPR advocacy. Michael Saylor to present Bitcoin’s potential to Microsoft, citing MicroStrategy’s 581% stock surge this year. Microsoft board advises against Bitcoin plan,…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Bitcoin advocate and MicroStrategy Chairman Michael Saylor has confirmed his upcoming three-minute presentation to Microsoft’s board of directors on the potential benefits of investing in Bitcoin. Speaking during a November 19 X Spaces event hosted by VanEck, Saylor revealed that he was invited to address the board after an…
Michael Saylor, prominent Bitcoin advocate and founder of MicroStrategy, will present a Bitcoin investment strategy to Microsoft’s board of directors next month. In a Nov. 19 VanEck-hosted X Space, Saylor shared that he has been allotted three minutes to make a case for Bitcoin investment to Microsoft’s board of directors. While Saylor agreed to the…
A major Microsoft Bitcoin investment could be on the horizon. MicroStrategy’s Michael Saylor will present a BTC strategy to Microsoft’s board. Their shareholders want a BTC assessment vote next month. They point to BTC’s five-year gains and MicroStrategy’s strong market performance in pushing for this significant change in corporate strategy. https://t.co/FFUrLNEHwh — VanEck (@vaneck_us) November…
The stock market is undergoing a fierce transformation, with firms vigorously competing against each other for the ultimate market win. While 2024 was a mix of many things, with social and political upheaval impacting the market in general, here’s how 2025 will help investors if they explore these three stock picks for robust gains next…
The FTC is opening an investigation into the Microsoft Corporation (MSFT) and its cloud business, according to a Financial Times report. The regulators are examining allegations that Microsoft is “potentially abusing its market power in productivity software by imposing punitive licensing terms to prevent customers from moving their data from its Azure cloud service to…
November 15, 2024 at 01:23 AM GST updated: November 14, 2024 at 01:36 PM 3 mins read News Nvidia’s acquisition of OctoAI enhances its AI stack with a hardware-agnostic layer for model deployment and scaling across diverse platforms. AMD’s acquisition of Silo AI bolsters its platform with scalable language models, tailored for enterprise clients in…
With the stock expected to be among the most dominant next year, Microsoft (MSFT) has seen its $13 billion investment heralded as some of the “best money ever spent,” by some Wall Street analysts. Indeed, the company is set to be at the forefront of one of the tech sector’s most important developments. Like many…
Donald Trump has claimed victory in the recent US elections. Trump’s crowning as the 47th US president of the United States is significant in many ways. Firstly, his inclination towards the cryptocurrency domain is commendable in many ways, which may help the sector touch new highs under his leadership. Similarly, Trump’s recent win has also…
With the tech sector seeing companies compete amid the ongoing AI boom, several are set up for long-term success. Despite the 175% surge from Nvidia (NVDA) in 2024, there could be one company set to outperform them in the coming year. Indeed, Microsoft (MSFT) is a stock that could be on pace to hit a…
With investors growing ever concerned with AI spending, Microsoft (MSFT) is looking to justify it, as experts are noting that ventures into the sector have $100 billion potential for the company. Indeed, it has become one of the biggest spenders on the technology, but yet to see a significant return. That is a common occurrence…
November 3, 2024 at 10:48 PM GST updated: November 3, 2024 at 09:03 PM 2 mins read News Microsoft and a16z advocate for policies that blend innovation with fair competition, helping both big and small AI startups grow. Open-source AI and accessible data commons could boost startup innovation, allowing equal access to tools and tech…
With the artificial intelligence company announcing its newly developed platform, should Alphabet (GOOGL) and Microsoft (MSFT) be worried about the OpenAI-developed search engine? Google is undoubtedly the top search engine in the world, but could it be threatened by the emergence of an AI-focused alternative? For the last several years, companies have sought to infuse…
Meta (META) and Microsoft (MSFT) stocks tumbled early in the Thursday trading session, also pulling down the S&P 500 index with them. During their quarterly earnings reports yesterday, both companies beat Wall Street’s expectations on earnings and revenue. However, executives for both companies said they expect capital expenditures to continue increasing as they continue to…
Microsoft stock beat market goals in FY25 Q1 with revenue of $65.6 billion, a 16% rise from last year. The company’s AI-driven growth and cloud strength pushed results higher. Yet cloud earnings missed targets. CFO Amy Hood noted “strong execution by our sales teams and partners.” Microsoft Cloud earned $38.9 billion, growing 22%. Their AI…
Experts see Microsoft’s consideration of investing in bitcoin as a sign of growing acceptance among public companies to use cryptocurrency as a diversification strategy to maintain market dominance and protect shareholder value. Microsoft Proposal Reflects Shifting Strategy of Corporate Treasury Teams Reports suggesting Microsoft might use some of its cash reserves to acquire BTC indicate…
International Business Machines Corporation (IBM) was last worth more than Microsoft (MSFT) over a decade ago. On Dec. 12, 2011, IBM was worth $216 billion, while Microsoft had a market cap of $215 billion. Now however, Big Blue has gone down to $214B, while MSFT has become one of the premier Mag-7 companies in the…
Blackrock’s significant stake in Microsoft could sway the tech giant’s potential decision on adding bitcoin to its corporate reserves, signaling a shift in mainstream crypto adoption. Blackrock’s Stake Fuels Speculation Over Microsoft’s Bitcoin Future Speculation emerged last week around Microsoft’s upcoming Dec. 10 shareholder meeting, following a U.S. Securities and Exchange Commission (SEC) filing that…
In a rather shocking development for the company, Microsoft (MSFT) could be set to record its slowest quarter growth in 2024 amid emerging AI struggles. Indeed, investors have reported concerns with demand for artificial intelligence products as the company has continued investing in their development. AI has ruled the stock market for much of the…
MicroStrategy, the business intelligence firm and the world’s largest corporate Bitcoin holder, currently holds 252,220 BTC. The asset, acquired at a total cost of about $9.9 billion, has soared considerably. At the current Bitcoin price of $687,300, MicroStrategy holds over $17 billion. The business intelligence firm has entered a bull season and recorded another impressive…
The Plan B conference on Bitcoin adoption and financial freedom, will feature notable speakers such as Nick Szabo, Adam Back, and Samson Mow. Amid rising corporate interest, Microsoft’s shareholders are set to vote on a proposal to assess Bitcoin investment. A new statue of Bitcoin’s pseudonymous founder Satoshi Nakamoto has been recently unveiled by the…
Microsoft’s board is urging shareholders to reject a proposal examining bitcoin as a treasury diversification asset. Bitcoin in Microsoft’s Treasury? The Proposal Sparking Debate This week, speculation around Microsoft’s Dec. 10 shareholder meeting is circulating, as a recent U.S. Securities and Exchange Commission filing outlines a proposal that’s turning heads. Advanced by the National Center…
Este artículo también está disponible en español. Microsoft is preparing for a critical shareholder meeting on December 10, during which the future of Bitcoin as a potential investment will be a heated topic. At present, Bitcoin is trading at approximately $68,115, which represents an increase of approximately 1.22%. The rise in interest aligns with constant…
Microsoft shareholders face a critical decision on a Bitcoin investment plan this December. The board opposes the proposal of the National Center for Public Policy Research (NCPPR). The group says Bitcoin works well against inflation. JUST IN: Per an SEC filing, Microsoft will have a proposed board resolution for an “Assessment of Investing in Bitcoin”….
Microsoft shareholders to vote on Bitcoin investment proposal in December. Board opposes proposal, cites ongoing asset evaluations including Bitcoin. Microsoft shareholders will soon decide whether the company should publicly assess the potential of adding Bitcoin to its balance sheet. An October 24 filing with the U.S. Securities and Exchange Commission (SEC) reveals the proposal, named…
With Nvidia (NVDA) becoming one of the fastest-rising companies in the world, can it be the first to reach a $4 trillion market cap, outpacing Apple (APPL) and Microsoft (MSFT) in the process? All of these companies are vying for the position of the most valuable on the planet. Yet, does the AI chipmaker have…
With the information technology sector booming, Apple (APPL), Nvidia (NVDA), and Microsoft (MSFT) are clearly sitting at the head of the table. Among them, Nvidia has clearly established its dominance. Amid the ongoing AI boom, the chipmaker has benefitted tremendously from increased demand. Alternatively, Microsoft is looking at a dominant year ahead. Its ongoing investment…
Nvidia (NVDA) has become one of the fastest-growing tech companies in the industry thanks to its chip technology. Thanks to the company’s growth, NVDA stock value has surged, competing with the Magnificent 7 stocks. The Nvidia growth story is a dream scenario for investors and tech companies alike, and analysts are hoping to find the…
The International Business Machines Corporation (IBM) released the latest version of its artificial intelligence models catered towards businesses. The move by Big Blue looks to jump on the ongoing AI train amid a surge of interest in the artificial intelligence industry. Currently led by tech powerhouses Nvidia (NVDA) and Microsoft (MSFT), IBM is hoping to…
In what is a surprising move, Microsoft (MSFT) has seen its price target drop to $470. Indeed, research firm Piper Sandler gave the company an ‘Overweight’ rating in a recent note. The move is far from consensus, as the software company still has massive potential to surge. Its focus on AI and cloud development is…
Amid the overarching revolution taking place in the tech sector, Microsoft and its continued expansion in both AI and cloud technology has its MSFT stock eyeing a massive start to 2025. Many experts are projecting the company to handily outperform the consensus figures for Q1 amid its current trajectory. The growing demand for artificial intelligence…
Microsoft (MSFT) is a leader in the tech sector of the stock market that has turned early investors into millionaires. In an industry that has seen its fair share of failed growth stories and burned-out trends, Microsoft is one of the earliest and biggest companies, one which has become a top-three company in the world…
As the software firm looks to continue to compete in the ever-shifting tech world, Microsoft (MSFT) has announced it is expanding its cloud service amid its 23% revenue surge. Indeed, the company has seen its cloud-related offerings become increasingly successful. Therefore, it is opting to place more of a focus on its development, along with…
Microstrategy’s stock, MSTR, has soared 1,620% since the company adopted a bitcoin-centered strategy, far outpacing bitcoin itself, the S&P 500, and tech giants such as Nvidia. The company’s bitcoin holdings now exceed 252,000 BTC. Microstrategy’s executive chairman, Michael Saylor, remains bullish about bitcoin’s price as his company plans to further boost its BTC investments. Microstrategy’s…
Kenya, in partnership with the United Nations Development Program (UNDP) and Microsoft, has established the Africa Centre of Competence for Digital and AI Skill. This center aims to equip public sector employees with digital and AI skills to improve service delivery across Africa. It aligns with Kenya’s National Digital Master Plan and focuses on topics…
The US stock market has delivered several multi-baggers in five years, making investors’ wealth double or triple. One such share is Microsoft (Nasdaq: MSFT), which surged nearly 200% in the last five years alone. An investment of $10,000 in 2019 could have turned into nearly $30,000 today, which is a massive return in five years….
AI startup Openai reported closing a funding round led by Thrive Capital and the participation of other tech companies like Microsoft and Nvidia. The $6.6 billion raised would be used to expand its set of tools and raise its computing capacity, which needs to increase significantly to train new AI models. AI Company Openai Aims…
Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt Hougan compared Ethereum with Microsoft, stating that while it was not as disruptive as other chains, it still had the size to overcome these difficulties….
Microsoft and G42, a United Arab Emirates-based AI firm, have established two new AI centers in Abu Dhabi. These centers aim to promote responsible AI in the Middle East and the Global South. They will identify best practices, support AI projects for societal goals, and strengthen the relationship between Microsoft and the UAE. G42’s partnership…
BlackRock and Microsoft have announced that they are planning to launch a $30 billion fund to invest in artificial intelligence (AI) infrastructure. Indeed, the $9 trillion asset manager is teaming up with the leading tech giant to build data centers and energy projects to meet growing demands stemming from AI. BlackRock is launching the fund…
The US stock markets had a fabulous run in 2024, as all the top three indexes surged in value. The S&P 500 and Nasdaq Composite shot up 15%, while the Dow Jones Industrial Average surged 8% year-to-date. Investors who entered the index funds this year made profits as leading stocks spiked in value. The stocks…
Microsoft recently detected a North Korean cyber group, Citrine Sleet, exploiting a security vulnerability in Chromium-based browsers, including Google Chrome. This flaw allowed attackers to execute malicious code on compromised devices. Citrine Sleet used advanced tactics, such as fake cryptocurrency websites, to conduct their attacks. North Korean Cyber Group Citrine Sleet Exploits Chromium Zero-Day Vulnerability…
September 1, 2024 at 02:30 AM GST updated: September 1, 2024 at 01:38 AM 2 mins read Market News Microsoft identified a North Korean hacking group exploiting a zero-day Chromium vulnerability to target cryptocurrency users. The threat actor, known as Citrine Sleet, uses sophisticated malware to gain control of victims’ digital assets. Microsoft has urged…