🚀 Europe annouced counter-tarrifs against US

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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.

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*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. Europe is hitting back at Trump’s 25% tariffs on steel and aluminum, announcing counter-tariffs on $28.3 billion worth of U.S. goods starting in April. European Commission President Ursula von der Leyen called the move “strong but proportionate,” warning that tariffs disrupt supply chains and hurt consumers. The trade war escalates amid fears of economic slowdown, with Trump justifying his tariffs by accusing the EU of unfair trade practices. Unlike Mexico, Canada, and China, the EU had avoided direct U.S. tariffs until now, but rising tensions signal a turbulent road ahead for transatlantic trade.

2. Goldman Sachs has cut its year-end 2025 target for the S&P 500 to 6,200 from 6,500, citing rising policy uncertainty, particularly around tariffs, and concerns over economic growth. The revision comes after the index’s steepest one-day drop since December, erasing $4 trillion in market value. Trump’s tariff announcement on Canada briefly pushed the S&P 500 toward correction territory before he reversed course. Goldman analysts point to hedge fund positioning and a 14% plunge in "Magnificent 7" stocks as key drivers of the decline, noting their P/E ratio fell from 30x to 26x.

3. Mortgage demand surged 11.2% last week as interest rates dropped for the sixth consecutive week, reaching 6.67% for a 30-year fixed loan—the lowest since October 2024. Refinance applications jumped 16% and were 90% higher than a year ago, while purchase applications rose 7% weekly and 4% annually. The spring homebuying season is seeing increased activity across all loan types, with government-backed loans up 11% and average purchase loan sizes hitting a record $460,800. Market focus now shifts to inflation data, which could impact future rate movements.

4. Headlines

   1. Asana stock fell 25% on the news of CEO Dustin Moskovitz’s retirement.

   2. India’s inflation rate was 3.61% in February, lower than expectations of 4%.

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Onwards and Upwards,

Liam Gill