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blockonomi.com Tesla Board Warns: Approve $1 Trillion Musk Pay Package or Risk Losing CEO

TLDR Tesla Chair Robyn Denholm warned shareholders that Elon Musk could leave as CEO if his proposed $1 trillion pay package is rejected at the November 6 annual meeting The performance-based compensation plan requires Musk to hit ambitious targets including shipping 1 million Optimus robots and reaching an $8.5 trillion market cap by 2035 The [...] The post Tesla Board Warns: Approve $1 Trillion Musk Pay Package or Risk Losing CEO appeared first on Blockonomi.

blockonomi.com Intel (INTC) Stock: Chipmaker Surges 90% on $15B Investment Wave and Earnings Beat

TLDR Intel stock trades around $38, up nearly 90% year-to-date after receiving $15 billion in strategic investments from the U.S. government, Nvidia, and SoftBank Q3 earnings beat expectations with revenue of $13.7 billion and adjusted EPS of $0.23, compared to analyst estimates of roughly breakeven The company swung to a GAAP profit of $4.1 billion [...] The post Intel (INTC) Stock: Chipmaker Surges 90% on $15B Investment Wave and Earnings Beat appeared first on Blockonomi.

news.bitcoin.com IBM Launches Digital Asset Platform for Regulated Institutions

IBM has unveiled Digital Asset Haven, a new platform designed to help financial institutions, governments, and enterprises manage and scale digital asset operations securely while maintaining compliance with global regulatory standards. IBM Expands Blockchain Reach With New Digital Asset Platform IBM (NYSE: IBM) announced the launch of IBM Digital Asset Haven, a comprehensive platform built […]

blockonomi.com Amazon (AMZN) Stock: E-Commerce Giant Plans $1.6 Billion Dutch Expansion

TLDR Amazon plans to invest €1.4 billion ($1.63 billion) in the Netherlands over the next three years The investment will focus on expanding cloud operations, logistics, and AI capabilities for sellers This marks Amazon’s largest investment in the Dutch market since launching operations there in 2020 Amazon currently has around 1,000 employees in the Netherlands [...] The post Amazon (AMZN) Stock: E-Commerce Giant Plans $1.6 Billion Dutch Expansion appeared first on Blockonomi.