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- 🚀 Inflation in-line with Fed expectations
🚀 Inflation in-line with Fed expectations
The smartphone story isn’t over yet…
Uber did it to taxis, Airbnb to hotels, & now Mode is doing it to the $500B smartphone industry.
They’ve turned smartphones from an expense into an income stream - don’t miss your chance to invest.
*Mode Mobile recently received their ticker reservation with Nasdaq ($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:
Dow Jones | 43,737.26 | 2.80% |
S&P 500 | 5,962.38 | 1.37% |
Nasdaq | 18,997.48 | -1.62% |
Russell 2000 | 2,167.88 | -2.79% |
TSX | 25,316.43 | 2.38% |
Bitcoin | $84,629.60 | -8.39% |
Ethereum | $2,327.45 | -30.11% |
US to Canadian Dollar | $1.44 | 0.53% |
Fed’s preferred inflation gauge shows 2.6% core PCE in January, aligning with expectations and reinforcing the central bank’s cautious stance on rate cuts. While personal income surged 0.9%, consumer spending unexpectedly fell 0.2%, pushing the savings rate up to 4.6%. Inflation remains above the Fed’s 2% target, though cooling from December’s 2.9%. Markets now see a 70% chance of a June rate cut, with two reductions expected this year as officials seek more proof of sustained disinflation.
Microsoft to shut down Skype after 21 years, directing users to Teams as the once-dominant video calling service fades in the mobile era. Launched in 2003, Skype revolutionized VoIP but struggled against FaceTime, WhatsApp, Zoom, and Teams. Acquired by Microsoft for $8.5 billion in 2011, Skype never reached a billion users and was eventually overshadowed by Teams, now with over 320 million users. Microsoft will allow Skype users to migrate to Teams before Skype officially shuts down on May 5, marking the end of an era for the pioneering platform.
Trump administration moves to dismantle CFPB, plans mass layoffs as Elon Musk’s Department of Government Efficiency (DOGE) pushes to "wind down" the agency, according to employee testimony. The Consumer Financial Protection Bureau (CFPB) leadership intends to cut nearly all 1,700 employees in phases, leaving only five positions required by law. The CFPB union sued, pausing the layoffs until a March 3 court hearing. Employees describe a plan to turn CFPB into “a room with five men and a phone”, signaling a major rollback of financial consumer protections under Trump’s second term.
Headlines
President Trump is signing an executive order to make English the official language of the United States.
Dell is forecasting $15M in AI server sales in 2025.
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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 $0.26/share.
*Mode Mobile recently received their ticker reservation with Nasdaq ($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.
Onwards and Upwards,

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