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There is a smart Bulgarian at each round table! Go, Vlad Tenev, go!!!🐾Meow Motto
GM dear MONEY req-ers,
Today’s special - “One Month Only” - “off” for auto tariffs. Trump hits the auto tariff pause button and sends shaky bipolar markets back into the safe green zone. Let’s see how long this lasts, because concepts of time and value are not the same-same any more.
Another pause moment to be processed…2026 World Cup soccer final that will happen in US, will include halftime show for the first time!!! Ever! Too many changes, don’t ya think?!
While we are thinking about cars and games, Elon Musk is dipping his fingers in yet another sticky pot. Word on the street is that he is suggesting to make USPS and Amtrak great again, i.e. sell them to the most generous buyer…(hmm do we foresee witnessing Elon rocking some mailman garb?)
Major cryptocurrency figures are set to make an appearance at the White House tomorrow, Friday, for the first-ever US White House crypto summit. During this event, cryptocurrency policies will be discussed, coins will be highlighted, and opportunities for financial growth will be explored.
Who’s watching?
Markets
Dow 1.14%
S&P 500 1.12%
Nasdaq 1.46%
Fear Factor
VIX 6.29%
Crypto-verse
BTC 0.74%
ETH 2.18%
XRP 3.54%
The Magnificent 7 AAPL -0.62% MSFT -1.26% GOOGL -0.88% AMZN -1.42% NVDA -2.51% META -0.83% TSLA -2.14%
*Last Updated: March 6, 2025 7:30 a.m. EST. For updated market info click HERE.
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Elon Musk wants to privatize USPS and Amtrak(choo-choo Elon).
Who is moving the most today - Marvell, Nvidia, MongoDB, GM, Tesla, JD.com, Broadcom.
Alibaba stock surges after it launches a new AI reasoning model, rivaling DeepSeek.
Tariffs on cars from Mexico and Canada specifically paused for one month, sending markets into the green zone.
US President Donald Trump is about to host the first ever White House Crypto Summit on Friday 3/7.
The summit, scheduled from 6:30pm-10:30pm UTC, is expected to consist of more than 25 participants, including members of the Presidential Working Group on Digital Assets.
How exciting to see so many smart people in one room!!! 🙀
Google leans even more into AI-generated overviews for its search engines. You type something, anything…and before any actual pages as a source, you’d get the short AI summary version on the searched topic.
Privatization
What is it, Elon?
Privatization happens when a government-owned business, operation, or property(ahem USPS and Amtrak, is that so, Elon?) become owned by a private, nongovernment company(are you shopping again, Elon???).
Privatization can also describe a situation where a publicly traded company becomes privately owned once again.
The company steps off and away from selling its shares on the stock exchange and becomes a “mom-and-pop shop” again.
Today: initial jobless claims; US productivity(final); US trade deficit; wholesale inventories; Fed Governor Christopher Waller speaks; Atlanta Fed President Bostic speaks
Thu 3/6
🌙AVGO - Broadcom Inc.
🌙COST - Costco Wholesale Corporation
☀️KR - Kroger Company (The)
🌙HPE - Hewlett Packard Enterprise Company
☀️premarket 🌙after hours 🤷🏼♂️undisclosed
(*initial public offering - when shares of a private corporations are offered to the public in a brand new market stock)
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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.
They’ve just been granted their Nasdaq stock ticker, and you can still invest 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.
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📢If you’re looking for investing advice, don’t 👀 at me! 🐾 Meow Motto
🧶 DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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