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🚀 eBay shares skyrocket on Meta partnership news
Could this be the biggest disruption to Smartphones in the past 15 years? 📲
💥Heads up! There's a new disruptor in smartphones: Mode Mobile. Mode can turn your phone from a cost into an income source — and investors are watching the launch of the company’s pre-IPO offering.1
🤳Mode saw 32,481% revenue growth from 2019 to 2022, ranking them the #1 overall software company on Deloitte’s most recent fastest-growing companies list. Mode’s flagship product EarnPhone, a budget smartphone, has already helped consumers earn & save $325M+.
🫴 Mode’s Pre-IPO offering1 is live at $0.25/share — 20,000+ shareholders already participated in its previous sold-out offering. There’s still time to get in on Mode’s pre-IPO raise and even lock in 100% bonus shares2 … but only until their current raise closes for good.
1 Mode Mobile currently has no formal plans for an IPO.
2 A minimum investment of $1,950 is required to receive bonus shares. 100% bonus shares are offered on investments of $9,950+.
3 Please read the offering circular and related risks at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation A+ Offering.
Past performance is no guarantee of future results. Start-up investments are speculative and involve a high degree of risk. Those investors who cannot afford to lose their entire investment should not invest in start-ups. Companies seeking startup investment tend to be in earlier stages of development and their business model, products and services may not yet be fully developed, operational or tested in the public marketplace. There is no guarantee that the stated valuation and other terms are accurate or in agreement with the market or industry valuations. Further, investors may receive illiquid and/or restricted stock that may be subject to holding period requirements and/or liquidity concerns.
DealMaker Securities LLC, a registered broker-dealer, and member of FINRA | SIPC, located at 105 Maxess Road, Suite 124, Melville, NY 11747, is the Intermediary for this offering and is not an affiliate of or connected with the Issuer. Please check our background on FINRA's BrokerCheck.
Market Overview
Read time 1.4 minutes
Year To Date Performances:
Dow Jones | 42,529.65 | -0.03% |
S&P 500 | 5,909.18 | 0.47% |
Nasdaq | 19,474.43 | 0.85% |
Russell 2000 | 2,225.58 | -0.21% |
TSX | 24,952.71 | 0.91% |
Bitcoin | $94,906.92 | 1.52% |
Ethereum | $3,337.12 | 0.09% |
US to Canadian Dollar | $1.44 | 0.24% |
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.
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.
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.
Headlines
Apple is facing backlash from publishers as it’s news app pushes out misleading or false AI summaries of their stories.
Amazon workers from North Carolina are expected to vote to unionize next month.
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