Hormuz is down to 8 ships a day

Markets at a Glance

S&P Futs 7,799.80↑0.01%

Gold $4,341.95↓0.2%

Dow Futs 53,872↑0.06%

10-Yr 4.67%↑2bp

WTI $81.58↑0.4%

Bitcoin $62,819↑1.4%

Apple’s Starlink Update Sparks Huge Earning Opportunity

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Mode Mobile saw something bigger: billions of new users suddenly within reach.

Mode’s EarnPhone already reaches 490M+ users that have earned over $1B, and that’s before global satellite coverage. With SpaceX eliminating "dead zones," Mode's earning technology can now reach billions more in unbanked and rural populations worldwide.

Their global expansion is perfectly timed, and investors like you still have a chance to invest in their pre-IPO offering at $0.52/share.

With their recent 32,481% revenue growth and newly reserved Nasdaq ticker, Mode is edging closer to a potential IPO.

Become a shareholder at $0.52/share
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Disclaimer

Please read the offering circular and related risks at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation A+ Offering.

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.

The Big Stories

1.	Eight ships crossed the Strait of Hormuz on Wednesday. Before the war it ran about 130 a day. The interim shipping deal expires Monday. No renewal talks. CNN

2.	Bessent said Iran will face “economic isolation like the world has never seen.” The plan lands next week. WTI sits at $81.58. The market has stopped flinching. BBG

3.	The UAE said Iran attacked two ADNOC vessels in the strait. No injuries reported. Iran’s parliament advanced a bill fining US-linked ships 20% of cargo value. Reuters

Markets & Economy

4.	July PPI came in flat on the month. Annual wholesale inflation fell to 4.7% from 5.5%. September hike odds dropped to 35% from about 55% last week. BLS

5.	The S&P 500 closed at a record above 7,800, up 0.65%. The Dow added 0.13% and the Nasdaq 0.81%. CNBC

6.	Cisco fell 8.4% to $113.47. Gross margin slipped to 66.3% from 68.4% on AI hardware costs. Record revenue did not save it. CNBC

Politics

7.	Hegseth said the Navy can hold the Iran blockade indefinitely by rotating ships. It was reimposed July 13. Reuters

8.	The Solicitor General pressed the Supreme Court to rule fast on Trump’s mail-in voting order. Twenty-three states and Washington oppose it. The midterms are 81 days out. AP

Around the World

9.	OPEC cut its 2026 demand growth forecast to 580,000 barrels a day. Fourth cut in a row. The IEA sees supply falling 4.3 million a day this year. Reuters

10.	South Korea’s Kospi rose over 2% and finished the week up 11.5%. SK Hynix and Samsung led again. CNBC

Hormuz is down to 8 ships a day

Apple’s Starlink Update Sparks Huge Earning Opportunity

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Overnight Intelligence Briefing

Related Issues

Hormuz is down to 8 ships a day

Apple’s Starlink Update Sparks Huge Earning Opportunity

Subscribe for Overnight Intelligence Briefing

Related Issues

Subscribe for
Overnight Intelligence Briefing