(Jon Cherry/Getty Images) |
Trump on the campaign trail |
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"Wicked"-branded products are taking over retail ahead of the film's debut, but one marketing move turned out wicked awkward: toy giant Mattel apologized after boxes of Glinda and Elphaba dolls had a misprinted URL that directed buyers to a spicy website. Stocks climbed to fresh records yesterday as the "Trump bump" appeared to keep bumping markets higher. Crypto rallied on, with bitcoin breaking past $89K. About that… |
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Trump pump… Bitcoin's been on a tear, hitting an all-time high of $89K+ as of last night. (That's a record even when adjusted for inflation.) The coin's up ~25% since last week's election of Donald Trump, who touted pro-crypto promises on the campaign trail. Ether (the second-largest crypto) also climbed, while smaller coins like dogecoin, solana, and cardano outperformed bitcoin. Dogecoin's value has more than doubled in the past week. It's not just coins… |
- Crypto-linked stocks including bitcoin-mining cos like Hut 8 and Marathon Digital and trading platforms like Coinbase have spiked too.
- Software company MicroStrategy just bought $2B+ worth of BTC, boosting its total holdings to $23B+. Over the past week, its shares are up about 50%.
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Crypto constituency… Trump's made an about-face since he called bitcoin "a scam against the dollar" in 2021. While headlining a crypto conference this summer, he promised to make the US "the crypto capital of the planet." One way he said he'd do that is by establishing a "strategic national bitcoin stockpile," starting with the ~$18B worth of bitcoin the US gov't already holds. Trump also said he'd immediately fire SEC Chief Gary Gensler, who led a crackdown on the crypto industry. Trump's aides are said to be considering several pro-crypto candidates to replace Gensler and other regulators. |
- Red wave, green crypto: Crypto orgs poured millions into electing what Coinbase called "the most pro-crypto Congress in history." It's estimated that 253 pro-crypto politicians were elected to the House and 16 to the Senate.
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Expectations are everything… Crypto appears to be climbing on vibes. Investors hope Trump's second presidency will usher in friendlier regulation and more coin buying. But there's debate over whether, and how, Trump's crypto promises will be realized. |
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🚨Heads up! It's not the publicly traded tech giant you might expect… Meet $MODE, the disruptor turning phones into potential income generators. Investors are buzzing about 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 list2 by aiming to pioneer "Privatized Universal Basic Income" powered by technology — not government. Their flagship product, EarnPhone, 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 shares3…. Invest in Mode before their share price changes on 11/22 (and lock in up to 2X bonus stock).4 |
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🚨Heads up! It's not the publicly traded tech giant you might expect… Meet $MODE, the disruptor turning phones into potential income generators. Investors are buzzing about 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 list2 by aiming to pioneer "Privatized Universal Basic Income" powered by technology — not government. Their flagship product, EarnPhone, 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 shares3…. Invest in Mode before their share price changes on 11/22 (and lock in up to 2X bonus stock).4 |
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Just a blink away… Amazon's said to be working on smart glasses to help drivers slash last-mile delivery times. The specs could guide drivers with turn-by-turn directions through a screen on the lenses. Right now Amazon drivers rely on handheld GPS devices, and glasses could help them navigate faster and carry more packages. |
- Long ETA: The smart specs could take years to develop because the battery needs to last a full eight-hour shift. Plus, Amazon needs to collect tons of navigation data.
- Blurry vision: While Amazon's consumer-focused Echo Frames haven't seen much success, worker-only glasses could pay off by speeding up deliveries.
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From the distribution hub to your door… Companies are racing to achieve faster last-mile delivery — the priciest and most time-consuming part of shipping. It's also key to staying competitive. Nearly half of shoppers in a recent survey said same-day delivery made them more likely to shop online. The same-day market is expected to grow 20%+ this year, and retailers are looking to innovative tech to stay ahead. |
- All clear: Last week Amazon got FAA approval to fly its smaller delivery drones in Arizona, including beyond the pilot's line of sight.
- Spot on: In January Walmart expanded its drone-delivery biz to service up to 75% of Dallas-Fort Worth, saying it has the largest drone-delivery footprint of any US retailer.
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Every second counts… Half the cost of delivering to a customer's doorstep is within the last mile, some estimates say. Amazon has spent years streamlining its delivery network with its own airline, trucking biz, and warehouses. Yet transportation costs have spiked. Its investment in smart glasses and drones shows how much it's willing to try to nail that last mile. |
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The global market for turning saltwater into freshwater is expected to more than double by 2032. Read more. |
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- Ticketmaster owner Live Nation posted lower quarterly sales and profit, but said that concert demand is heating up.
- FTX sued Binance and its former CEO for $1.8B, saying that amount of $$ was "fraudulently transferred" by FTX execs to Binance.
- China unleashed a $1.4T debt package in its latest move to bolster its economy, which is still struggling to recover from the pandemic.
- X offered free access to its genAI chatbot, Grok (made by Elon Musk's xAI), to some users, suggesting it may be preparing to make it available to non-paying users.
- EV startups Rivian and Lucid struggled to shift out of reverse last quarter, with Rivian lowering its annual earnings forecast and Lucid posting a wider loss.
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- Apple's recent $3T valuation has spurred a series of impressive raises among smartphone innovators — and $MODE's pre-IPO offering1 is no exception. It's now live at $0.25/share — lock in up to 100% bonus shares3 while the raise lasts.4
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- Earnings expected from Shopify, Home Depot, Hertz, Tyson, AstraZeneca, Tencent Music, SoundHound AI, Cava, Spotify, Occidental, and Instacart
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Authors of this Snacks own bitcoin, dogecoin, and ether and shares of: Amazon, Shopify, and Walmart |
Advertiser's disclosures:
1 Mode Mobile currently has no formal plans for an IPO. 2 The 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. 3 A minimum investment of $1,950 is required to receive bonus shares. 100% bonus shares are offered on investments of $9,950+. 4 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. |
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Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate... See more |
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