Business Contents Archive

Microsoft hits $2 trillion in value as its stock rally accelerates https://t.co/mI2WjFx7wM https://t.co/Bj1VhpHb16

MSFT closes at $2 Trillion, as second U.S. company ever.

https://www.bloomberg.com/news/articles/2021-06-22/microsoft-rallies-to-join-apple-in-exclusive-2-trillion-club >Microsoft Corp. took its place in the history books as just the second U.S. public company to reach a $2 trillion market value, buoyed by bets its dominance in cloud computing and enterprise software will expand further in a post-coronavirus world. > >Its shares rose as much as 1.1% to $265.64 on Tuesday in New York, enough for the software company to join Apple Inc. as one of only two companies trading at such a lofty value. Saudi Aramco eclipsed that threshold briefly in December 2019, but currently has a market value of about $1.9 trillion.

This is one of the first closures of a hedge fund hit by the huge surges in so-called meme stocks.⁠ ⁠ White Square Capital, which at its peak managed about $440m in assets, had bet against GameStop, according to people familiar with its positioning, and suffered double-digit per cent losses in January.⁠ ⁠ Retail investors, often co-ordinating their actions on online forums such as Reddit’s r/WallStreetBets and in some cases deliberately targeting hedge fund short sellers, drove up the price of stocks such as GameStop and cinema chain AMC Entertainment in January and again in recent weeks, which led to big losses for some funds.⁠ ⁠ GameStop, for instance, soared from less than $20 at the start of the year to more than $480 at its January peak.⁠ ⁠ Click on the link in our bio to read the details of what the hedge fund told its investors.⁠ ⁠ 📸: Olivier DOULIERY / AFP via Getty Images⁠ ⁠ #Gamestop #ft #financialtimes #markets #financialmarkets #Reddit #retailinvestors #money

Compared with people at low-trust companies, people at high-trust companies report 74% less stress, 106% more energy at work, 50% higher productivity, 13% fewer sick days, 76% more engagement, 29% more satisfaction with their lives, and 40% less burnout. https://t.co/Fdf9tZuYt4

At what point does diversification detract from better gains?

I decided to break up my portfolio a great deal. Go easy on my because I am still learning what works and what doesn't. Today (Though it is not over) has been a very good day considering they're all in the green. My picks were VGT, VTI, IWF, SCHD, and since I have read good things on here - NVDA, MSFT, FB, and GOOGL. I am extremely comfortable and almost stress free with this but also want to get rid of some of the ETFs or greatly reduce them and put them more into FB, GOOGL, and MSFT. Is it better to keep a portfolio in this state or up my risk a bit and go more toward the ones named above? The ETFs are 82% of my portfolio with NVDA, MSFT, FB, and GOOGL making up the remainder.

"I look at #Bitcoin in particular as digital gold. It has the same macro tailwinds but it's also very easy in the adoption curve. I'm still a big buyer of Bitcoin." Founder & CEO @GalaxyDigitalHQ @novogratz #QatarEconomicForum https://t.co/DuZHIC0yPY

Bring Back the Paper Certificate for the Savings Bond

In 2012, the paper form of the US savings bond was discontinued to save on administrative and printing costs. Currently, you can only purchase bonds electronically through the Department of Treasury web site. The only exception to this rule is the paper form of I bonds can be be purchased on your annual federal income tax return if you have a refund due. I believe this decision to eliminate the paper bond needs to be reversed. As a form of savings, issuing the paper certificate form of the bond I believe makes purchasing bonds as a gift or for yourself more enticing and desirable. In fact, I am willing to pay a service charge for the issuance of the paper form of the bond to cover the costs. I believe many others would as well. If you agree, please post on this sub. Hopefully, we can get enough people to start a petition to get the US Government to change course on this matter. Bring back the paper bond!

Billionaire Mark Cuban rode to bitcoin’s defense for being digital gold while the cryptocurrency’s price plunged to its lowest levels of the year. Bitcoin is "better than gold," Cuban tweeted on Monday evening. "No worries about storing it. Easy to transfer. Easy to trade. Easy to convert. Doesn't require an intermediary. Can be fractionalized." He added that bitcoin is at a disadvantage versus gold because there is no "William Devane type commercials" that look to sell the cryptocurrency as a hedge against inflation. Go to the link in our bio for more on this story.

Do you invest more in your strong or weak traits?

It’s more productive to contribute your time and resources to your strong traits. Otherwise, you have to spend at least twice the effort developing your weak ones. On the other hand, you can develop ANY talent when contributing enough efforts and keeping consistency. As an entrepreneur (read: the person who should ALWAYS be learning new things!) do you prefer investing in your strong traits or your underdeveloped ones?

Here's how 'The Fast Saga' became Hollywood's biggest accidental franchise: https://t.co/rhtMt8nMzo https://t.co/2OpTQA6ST2

“Inflation has increased notably in recent months,” Fed Chair Powell says. “As these transitory supply effects abate, inflation is expected to drop back toward our longer-run goal.” https://t.co/mvOWoO86Sg

A new study confirms what many have seen in the pandemic: the world's richest got richer. In fact, they got $1.8 trillion richer. The share of the wealth held by the richest 1% in nations including the U.S., China, Brazil and India jumped in the fallout from the pandemic, fueled by efforts to curb the effects of the virus, a new Credit Suisse study shows. Read the full analysis at the link in our bio.

Microsoft becomes just the second U.S. public company to reach a $2 trillion market value https://t.co/klXaixduO4

What is going on with #Bitcoin's sharp drop today? @binance Founder & CEO Changpeng Zhao tells @business' @tracyalloway "We still think it's a pretty healthy market." #QatarEconomicForum https://t.co/TR8wzLIXEG

Tech Stocks Rally: Nasdaq Closes At Record High After Powell Eases Inflation Concerns https://t.co/DbkM2qmZ0w https://t.co/wEz09ZSmu2