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Twenty One Capital Sees Surge Following Tether's Proposed 3-Way Merger
Shares of Twenty One Capital, a bitcoin-focused company, have risen by over 8% in after-hours trading on Wednesday, following a proposal by majority shareholder Tether Investments to merge with Strike and Elektron Energy. According to a press release, Tether Investment, the independent investment arm of the stablecoin issuer, intends to vote in favor of combining Twenty One Capital with Strike, a…
April 29, 2026, 10:12 p.m.
Markets
Twenty One Capital Sees Surge in Shares Following Tether's Proposed Merger
Twenty One Capital's shares have risen by over 8% in after-hours trading after Tether Investments, its majority shareholder, announced a proposed merger with Strike and Elektron Energy. The merger aims to integrate bitcoin treasury, mining, and financial services into a single platform. As the CEO of Twenty One Capital, Jack Mallers, along with Raphael Zagury of Elektron Energy, would lead the co…
April 29, 2026, 10:12 p.m.
Markets
Twenty One Capital Sees Surge in Share Price Following Proposed Merger by Majority Shareholder Tether
Following a proposal by majority shareholder Tether Investments, Twenty One Capital's shares have risen by over 8% in after-hours trading on Wednesday. The proposed merger involves combining Twenty One Capital with Strike, a global bitcoin financial services company founded by Jack Mallers, and Elektron Energy. As the CEO of Twenty One Capital, Mallers is expected to play a key role in the combin…
April 29, 2026, 10:12 p.m.
Markets
Tech Giants' AI Investments Remain on Track Despite Billions in Spending
The recent quarterly earnings reports from four of the Magnificent Seven tech giants - Microsoft, Alphabet, Meta, and Amazon - indicate that they are still committed to their substantial artificial intelligence spending targets for the year. According to their reports, these companies, with a combined market capitalization of approximately $12 trillion, are poised to invest roughly $650 billion i…
April 29, 2026, 9:07 p.m.
Markets
Major Tech Companies Remain Committed to Multi-Billion Dollar AI Investments
The four tech giants, Microsoft, Alphabet, Meta, and Amazon, have reported their quarterly earnings, indicating that they are on track to meet their substantial artificial intelligence spending targets for the year. With a combined market capitalization of approximately $12 trillion, these companies are expected to spend around $650 billion on AI infrastructure in 2026, according to an analysis b…
April 29, 2026, 9:07 p.m.
Markets
Tech Giants' AI Investments Remain on Track Despite Market Fluctuations
The recent quarterly earnings reports from four of the world's largest tech companies, collectively known as the Magnificent Seven, indicate that they are still on course to meet their substantial artificial intelligence spending targets for the year. The companies in question, namely Microsoft, Alphabet, Meta, and Amazon, boast a combined market capitalization of approximately $12 trillion. Acco…
April 29, 2026, 9:07 p.m.
Markets
Tech Giants' AI Ambitions Remain Unchanged Despite Billions in Investments
The four tech giants, namely Microsoft, Alphabet, Meta, and Amazon, have reaffirmed their massive investments in artificial intelligence, with a combined market capitalization of approximately $12 trillion. According to their quarterly earnings reports, these companies are on track to spend billions on AI infrastructure, with significant implications for the digital asset sector. The investment h…
April 29, 2026, 9:07 p.m.
Markets
Major Tech Companies' AI Investments Remain on Track Following Earnings Reports
The latest earnings reports from Microsoft, Alphabet, Meta, and Amazon reveal that these tech giants are progressing with their substantial artificial intelligence investments, totaling approximately $650 billion in AI infrastructure spending for 2026. Although most companies did not explicitly disclose their AI expenditures, their overall spending trajectory suggests continued investment in the …
April 29, 2026, 9:07 p.m.
Markets
Major Tech Companies Remain Committed to Multi-Billion Dollar AI Investments
The recent quarterly earnings reports from Microsoft, Alphabet, Meta, and Amazon indicate that these tech giants are poised to meet their substantial artificial intelligence spending targets for the year. With a combined market capitalization of approximately $12 trillion, these companies are driving significant investment in AI infrastructure, with anticipated spending of around $650 billion in …
April 29, 2026, 9:07 p.m.
Markets
Major Tech Companies Remain Committed to Multi-Billion Dollar AI Investments
The four tech giants, including Microsoft, Alphabet, Meta, and Amazon, have reported their quarterly earnings, indicating that they are poised to meet their substantial AI spending targets for the year. With a combined market capitalization of approximately $12 trillion, these companies are expected to spend around $650 billion on AI infrastructure in 2026, according to an analysis by Bridgewater…
April 29, 2026, 9:07 p.m.