Good afternoon. Markets climb to start week, earnings season kicks off, and Warren Buffett calls Bitcoin a "gambling token."
Let's dive in.
Markets
Here are today's market moves:
What Happened?
U.S. stocks climbed on Monday as investors braced for a busy week of corporate earnings reports.
McDonald’s hits a record high. McDonald’s stock hit its highest level in history today:
A busy week of earnings. American Express, Bank of America, Netflix, and Tesla are among the companies slated to report earnings this week.
The crypto market fell on Monday, with Bitcoin falling below $30,000, a key psychological resistance level.
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Catch Up
Elon Musk has created a new artificial intelligence company to compete with OpenAI.
Warren Buffett calls Bitcoin "a gambling token" that "doesn't have any intrinsic value."
The Federal Reserve is expected to increase rates by 0.25% at its May meeting.
What Else?
