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I really hope the next civilization doesn’t invent stock markets. Easily one of the most counter-productive forces in modern history.
I made more than enough in the market in 2020 alone to cover 4 years of college and weddings for all my kids. That seems pretty productive to me. Like many/most things, it's not the "thing" that's inherently good or bad, but what good or bad people choose or choose not to do with the thing. In my opinion, envy, jealousy and hatred are among the most counter-productive forces in all of history.
 
Funny... I was talking with a friend in September last year that I thought this company looked interesting and was thinking about buying stocks. Did I do it? Of course not. :D
Just like I didn't buy Apple stock in 2008 when I was chatting about stocks with a few people saying I really believe Apple would go up. Did I buy Apple stocks just after the latest split? Yes I did, and the next day they plummeted... 😆

I'm not really a stock guy as you can tell...
 
While it would be an enticing feature. Don’t even think that Apples putting it in their devices
The reason is that no official agency like the FDA stands behind this technology as being safe
 
While it would be an enticing feature. Don’t even think that Apples putting it in their devices
The reason is that no official agency like the FDA stands behind this technology as being safe
I mean I’m gen z and this wireless technology scares me so I kind of agree.
 
While it would be an enticing feature. Don’t even think that Apples putting it in their devices
The reason is that no official agency like the FDA stands behind this technology as being safe
Actually, FDA did approve some of Energous devices. Namely hearing devices are currently being sold.
 
But titanium stocks. They will be going up soon.

I need more "Apple Rumors Stocks" tips LOL. Anything to make a few extra bucks on Robinhood I suppose.

Any other small companies (which are likely Penny Stocks right now) about to skyrocket its stock value upon rumors of an Apple partnership or buyout? I mean.... this is "MacRumors" after all, right? ;)
 
I really hope the next civilization doesn’t invent stock markets. Easily one of the most counter-productive forces in modern history.
Been saying the same thing since I was a teenager. Things end up being about consumerism and pleasing stock holders more than real innovation and longevity.

Pretty sure things like the stock market are why things are built to fail now, instead of to last as long as possible. General greed plays into that for sure, because billionaires need more billions right? Seems to have ratcheted up in the last decade though. Since nothing is made to be easily/cheaply repaired you just go buy another one so the earning reports look good, so you’re stock price continues to rise, and they get fat dividends, and you make your stock holders happy. The cycle just repeats itself.
 
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Shares of Energous, a company developing long-range RF-based charging technology under the name "WattUp," nearly doubled today, apparently driven by a Bloomberg report this morning indicating that Apple has been working on a MagSafe battery pack for its iPhone 12 lineup. The story was kicked off earlier this week when MacRumors contributor Steve Moser discovered a non-specific reference to an iPhone "battery pack" in the latest beta of iOS 14.5.

energous-stock-19feb2021.jpg

According to a report this morning from CNA Finance, investors are betting on new rumors that Energous and Apple are working together on wireless charging, based on a "previously overlooked SEC filing." The report has been picked up by several financial news outlets, including The Street and Seeking Alpha.

energous-wattup-in-home.jpg

Setting aside the fact that Apple's inductive MagSafe wireless charging relies on different technology than the RF system being developed by Energous, there's another issue with today's rumor, and that's that the apparent filings in question which mention "Apple compliance testing" for WattUp technology were filed back in 2013 and 2014 and were widely covered in the media in 2016. The last time an Energous filing with the SEC mentioned Apple was in December 2014.

There was a flurry of interest in Energous back in 2016 and 2017 amid rumors of an Apple partnership, but that speculation quickly died down and things have been essentially silent for several years now. Energous has continued to develop its long-range charging technology, working with Dialog Semiconductor on transmitter and receiver hardware but so far deploying it only in a few niche applications such as equine health monitoring.

Article Link: Shares of Long-Range Wireless Charging Company Energous Nearly Double Today on Years-Old Rumors of Apple Partnership
First I missed out on Gamestop, and then this. C'mon man.
 
I made more than enough in the market in 2020 alone to cover 4 years of college and weddings for all my kids. That seems pretty productive to me. Like many/most things, it's not the "thing" that's inherently good or bad, but what good or bad people choose or choose not to do with the thing. In my opinion, envy, jealousy and hatred are among the most counter-productive forces in all of history.
I’m not commenting on whether eso is right or wrong about stock markets, but I suspect you may misunderstood them. I don’t think they were denying that some individuals can make money on the stock market, rather they were saying stock markets are not productive for society as a whole. Moving resources around can make some people richer without making the whole society richer (because some people get poorer).
 
I really hope the next civilization doesn’t invent stock markets. Easily one of the most counter-productive forces in modern history.
So when I have an idea for a product or service but cannot afford to bring it to market and someone else believes in it and my ability to produce it, they shouldn't be allowed to contribute to it? Because, at it's core, that's what the stock market is. Sure people abuse it but without investors Apple (and pretty much every other business) would not exist.
 
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Nobody with any medical device would be able to get near anything like this.

They are well shielded

So when I have an idea for a product or service but cannot afford to bring it to market and someone else believes in it and my ability to produce it, they shouldn't be allowed to contribute to it? Because, at it's core, that's what the stock market is. Sure people abuse it but without investors Apple (and pretty much every other business) would not exist.
There are plenty of other ways I can think of which would be much better.
 
So when I have an idea for a product or service but cannot afford to bring it to market and someone else believes in it and my ability to produce it, they shouldn't be allowed to contribute to it? Because, at it's core, that's what the stock market is. Sure people abuse it but without investors Apple (and pretty much every other business) would not exist.
That’s not at all what is it. Investors and stock offerings are 2 different things; startups are not founded by issuing public stock. Initial stock offerings only happen once a company is well established in order to catapult the value of the company (and make their primary owners absurdly wealthy).
 
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