Articles for tag: Bitcoin investment, Cryptocurrency Volatility, Financial Stability, Michael Saylor, Microsoft, shareholder proposal, Tech Investments

December 11, 2024

Microsoft Shareholders Reject Bitcoin Investment Proposal: Implications for Tech Company and Cryptocurrency Markets

Microsoft shareholders recently rejected a proposal that would have had the tech giant explore investing in bitcoin to diversify its assets. This proposal was brought forth by the National Center for Public Policy Research and supported by billionaire Michael Saylor. However, Microsoft’s board opposed it, claiming that they already consider various investment options. They stated ...

November 1, 2024

Market News

Amazon CEO Andy Jassy reassures investors about AI investments, highlighting rapid growth and potential in generative AI amidst increasing spending.

Amazon CEO Andy Jassy spoke with CNBC on December 6, 2023, reassuring investors about the company’s investments in generative artificial intelligence (AI). Following a significant increase in Amazon’s capital expenditures, Jassy highlighted the success of Amazon Web Services (AWS), emphasizing that the company anticipates similar returns from its AI endeavors. Amazon plans to invest $75 ...