justfinn
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3
justfinn
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Bill Gates said he doesn't invest in cryptocurrency because he likes investing in things with "valuable output."
Gates has cautioned people against investing in crypto before, especially those with "less money" than Elon Musk.
Gates has also warned about the environmental impact of crypto.
"I don't own any," Gates wrote. "I like investing in things that have valuable output. The value of companies is based on h...
Gates has cautioned people against investing in crypto before, especially those with "less money" than Elon Musk.
Gates has also warned about the environmental impact of crypto.
"I don't own any," Gates wrote. "I like investing in things that have valuable output. The value of companies is based on h...
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justfinn
liked
Weekly market recap
For the week, major US indexes set new records. $Dow Jones Industrial Average (.DJI.US)$ gained 1.08%; the $S&P 500 Index (.SPX.US)$is headed for a weekly gain of 1.96%, and the $Nasdaq Composite Index (.IXIC.US)$ gained the most by 2.84% this week.
All three of the major averages finished at record closing highs last week after the markets tumbled at the start of the week on concerns about the spread of the delta variant of Covid and how it would potentially hinder the economic recovery. The uncertainty briefly sent bond yields lower, and investors jumped into tech stocks. Both bonds and equities rebounded quickly by the end of the week....
For the week, major US indexes set new records. $Dow Jones Industrial Average (.DJI.US)$ gained 1.08%; the $S&P 500 Index (.SPX.US)$is headed for a weekly gain of 1.96%, and the $Nasdaq Composite Index (.IXIC.US)$ gained the most by 2.84% this week.
All three of the major averages finished at record closing highs last week after the markets tumbled at the start of the week on concerns about the spread of the delta variant of Covid and how it would potentially hinder the economic recovery. The uncertainty briefly sent bond yields lower, and investors jumped into tech stocks. Both bonds and equities rebounded quickly by the end of the week....
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