MicroStrategy Inc.’s Michael Saylor may soon have almost as many common shares at his disposal to help fund the company’s Bitcoin buying spree as market behemoths Amazon.com Inc. and Alphabet Inc. have outstanding.
Alphabet ( GOOG 1.63%) ( GOOGL 1.58%) stock got a small lift on Tuesday, rising 2% higher through 10:30 a.m. ET. The move came in response to President Trump, in one of his first acts in office in his second term, signing an executive order that revoked another executive order (by his predecessor Joe Biden).
Some industry observers told ABC News that the ostensible softening toward Trump by big-tech corporations reflects a new business landscape that is both heavily influenced by the president-elect and increasingly defined by the development of energy-intensive artificial intelligence products.
Former House Speaker Nancy Pelosi has executed a series of significant technology stock trades valued at over $30 million, according to recent congressional disclosure reports, while recovering from a hip injury sustained during an official trip to
President Biden's executive order addresses the race to build domestic data centers and clean energy plants in order to retain America's AI leadership.
Tesla and SpaceX CEO Elon Musk, Meta CEO Mark Zuckerberg, Alphabet Inc CEO Sundar Pichai, and Amazon founder Jeff Bezos took some of the most exclusive seats at the inauguration on Monday, sitting closer to the president than even some of his cabinet picks.
A who's who of tech titans, business magnates, and global elites attended President Donald Trump’s 2025 inauguration, including Musk, Bezos, and Zuckerberg.
In addition to these purchases, Pelosi also made partial sales of Apple Inc. - Common Stock (NASDAQ: AAPL) and NVIDIA Corporation - Common Stock on December 31, 2024. She sold 31,600 shares of Apple stock, valued between $5,000,001 and $25,000,000, and 10,000 shares of NVIDIA stock, valued between $1,000,001 and $5,000,000.
But it's no secret that many prominent business leaders have been cozying up to Trump in the month since he was elected. Musk spent at least $119 million mobilizing voter backing to get Trump re-elected, and Trump has named the SpaceX CEO and owner of X (formerly known as Twitter) to run his Department of Government Efficiency (aka "DOGE").
MicroStrategy is on the brink of dramatically increasing its authorized Class A shares from 330 million to 10.3 billion. Michael Saylor holds 47% of the
Tech titans including the leaders of Meta, Amazon, Google, Tesla, TikTok, Apple, Alphabet, and OpenAI are set to attend the formal start of Trump's second term.