🚀 eBay shares skyrocket on Meta partnership news

In partnership with

This tech company grew 32,481%...

No, it's not Nvidia... It's Mode Mobile, 2023’s fastest-growing software company according to Deloitte.

Just as Uber turned vehicles into income-generating assets, Mode is turning smartphones into an easy passive income source, already helping 45M+ users earn $325M+ through simple, everyday use.

They’ve just been granted their stock ticker by the Nasdaq, and you can still invest in their pre-IPO offering at just $0.26/share.

Invest Now

*Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.
*The Deloitte rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period.
*Please read the offering circular and related risks at invest.modemobile.com.

Market Overview
Read time 1.4 minutes

Year To Date Performances:

1. Shares of eBay surged 12% Wednesday after Meta announced a test program allowing eBay listings to appear on Facebook Marketplace in Germany, France, and the U.S., boosting eBay’s visibility and reach. The move comes as Meta aims to address European Commission concerns over antitrust practices, following a €797 million fine for bundling Marketplace with Facebook. While Meta appeals the ruling, it is rolling out solutions to mitigate regulatory scrutiny. eBay sees the partnership as a strategic win to enhance seller exposure and buyer engagement, with the news pushing eBay stock to its highest point since November 2021.

2. Quantum computing stocks plunged Wednesday after Nvidia CEO Jensen Huang tempered expectations, predicting useful quantum computers are still 15–30 years away, with 20 years being a reasonable estimate. Huang emphasized Nvidia’s role in accelerating progress but his cautious timeline spooked investors. Rigetti Computing fell 49%, IonQ dropped 46%, D-Wave Quantum sank 48%, and the Defiance Quantum & AI ETF declined 5.5%, while Quantum Computing Inc., which announced a $100 million stock offering, saw its shares cut in half. The downturn follows a year-end rally fueled by Google’s Willow chip advancements and investor hopes of quantum computing as the next tech boom.

3. President-elect Donald Trump is considering declaring a national economic emergency under the International Economic Emergency Powers Act (IEEPA) to implement his ambitious tariff policies. This move would grant Trump authority to regulate imports during a national crisis, enabling him to enact tariffs he championed during his campaign, such as 60% duties on Chinese goods and 25% on Canadian and Mexican products. While no final decision has been made, alternative legal frameworks are also under review. The report rattled markets, with stock futures weakening and the U.S. dollar strengthening. Trump denied recent claims that he might scale back his tariff plans, maintaining an aggressive trade stance.

4. Headlines

   1. Apple is facing backlash from publishers as it’s news app pushes out misleading or false AI summaries of their stories.

   2. Amazon workers from North Carolina are expected to vote to unionize next month.

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