The Wireless Boom Investors Should Watch
SpaceX just put Big Telecom on notice, telling investors its plans to launch a U.S. mobile service for consumers. For most investors, that sounds like a shakeup for the $1.6T telecom industry.
More connected phones mean more places for EarnOS, the platform that turns everyday smartphone activity into earning potential.
Mode already reaches 490M+ users, helped users earn and save $1B+, and generated $115M+ in cumulative revenue. With $MODE secured, investors can still access pre-IPO shares at $0.52/share, plus up to 20% bonus shares.
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Two US troops killed, one missing in the Iran war. The US launched its 8th straight night of strikes Saturday. Sixteen service members dead since the war began. Fox
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WTI crude jumped to $84.91 Sunday evening, up 2.9%. Hormuz commercial traffic is still limited. Oil is up 14% this week. CNBC
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USTR's Section 301 replacement deadline is today. The 10% Section 122 tariff expires Friday at 12:01 a.m. EDT. No extension legislation has been filed. Reuters
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China's Moonshot AI plans an IPO within six months. Its Kimi K3 model drove another week of selling in US chip stocks. The semiconductor index is down 20% in 30 days. BBG
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77 S&P 500 companies report earnings this week. Alphabet Wednesday, Tesla Wednesday. IBM's full results due after the 25% single-day drop. CNBC
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The S&P 500 fell 1.6% last week. Nasdaq lost 2.9%. First losing week in three. CNBC
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Trump said China interfered in the 2020 election in Thursday's address. He declassified intelligence documents. Beijing denied it within hours. Fox
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Trump threatened new tariffs on Canada over wildfire smoke. Over 900 fires burning north of the border. CNBC
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Iran fired missiles at Aqaba, Jordan on Sunday. Sirens went off across Amman. Israeli and Jordanian forces intercepted. AP
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Iran struck a Kuwait Petroleum facility Saturday. Satellite images showed smoke near Ahmadi. Gulf oil infrastructure is now a target. Reuters
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Mode Mobile received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.