Finance
Verizon Shares Take a Hit After Q1 Sales Warning
March 13, 2025
Happy Valentine’s Day to those celebrated it! For those still on the hunt for love, the data shows a curious trend: while dating apps are seeing a decline, plenty of us are still swiping away. But here’s the twist – it turns out that adding AI to your dating app experience might not be the winning formula. Sorry, Tinder, it’s just not working out.
On the market front, stocks enjoyed a nice bounce on Thursday, buoyed by strong quarterly earnings and some fresh pricing data that eased the pain of Wednesday’s unexpectedly high CPI report. The S&P 500, Nasdaq 100, and Russell 2000 all climbed by more than 1%.
🇺🇸 A quick heads-up: US stock markets will be closed this Monday for President’s Day. We’ll catch you back in your inbox on Tuesday!
Tech giants are becoming harder to pin down—are they competitors, collaborators, or both? Take the evolving dynamic between Reddit and Google. Google, noticing how often users tack “reddit” onto their search queries, struck a deal to pay Reddit for access to its data to fuel its AI models. Reddit, while accepting the exclusivity of the arrangement, wasn’t oblivious to Google’s notorious algorithm shifts. In response, Reddit rolled out “Reddit Answers,” an AI-powered search tool, in late 2024 to take more control over its own data.
But the plot thickened: when Reddit reported disappointing user growth in Q4, it blamed a Google algorithm tweak, leading to a dip in its stock. It’s not just Reddit that’s balancing these tricky relationships—Apple has been keeping things interesting too. In China, it’s teaming up with both Baidu and Alibaba, while back home, Apple is collaborating with OpenAI’s ChatGPT for AI functionality. This week, it also rekindled its partnership with Elon Musk’s X by resuming advertising.
The Takeaway
In the race to own AI, Big Tech players are constantly navigating shifting alliances and rivalries. As they jostle for dominance in the AI space, their partnerships and feuds will continue to blur the lines between competitors and collaborators.
Presented by Mode Mobile
Marc Cuban turned down the chance to invest in Uber at basement prices before the company’s IPO.
And by the time the rest of us hear about industry-changing disruptions like these, it's usually too late... but right now there’s a tech-startup making waves behind the scenes. Like Uber turned vehicles into income-generating assets, they’re turning smartphones into an easy passive income source — already making over $325M for their customers!
And this time, you have a chance to invest5 in their pre-IPO offering2 at just $0.26/share.3
Sony proved the skeptics wrong this week, sending its stock up by over 5% after a stellar earnings report revealing the PlayStation 5 has reached 75 million units sold. Despite some predictions that consoles were on the way out, the numbers tell a different story. During the 2024 holiday season alone, Sony sold 9.5 million PS5 units—just shy of its predecessor, the PS4, which had sold 76.7 million at the same point in its lifecycle. But it’s not just about the PS5’s performance; last year, Sony sold an impressive 20.2 million PS5 units, far outpacing Nintendo's 11.5 million Switch units and Microsoft's estimated 5 million Xbox units.
One interesting note: the Nintendo Switch is often a secondary console, with 71% of owners having another system, so it’s not as much of a head-to-head competitor with Sony. Plus, Sony is working on a handheld console, hinting at even more strategic moves in the space.
The Takeaway
With a strong 16% year-over-year growth this past holiday season, Sony is making it clear that console gaming is far from fading away. If anything, their success highlights the need to pay closer attention to the future of Microsoft's Xbox business.
Presented by Miso Robotics
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Carmy’s tattooed arms may no longer be the most distinctive ones in the kitchen.
With fast food brands facing 150% annual turnover rates, they’re turning to Miso’s AI-powered kitchen robot, Flippy, to boost profits up to 4X and curb labor shortages.
Miso is already a leading force in kitchen AI and automation, with 150K+ hours of experience for brands like Jack in the Box.
Now, they’re manufacturing Flippy Fry Station – a robot 50% smaller and 2X faster than its predecessor. Its first small-scale production run sold out in seven days. And that sellout’s just the start.
In 2025, Miso’s ready to scale and targeting 170+ U.S. fast food brands in need – a potential $4B annual revenue opportunity. Invest1 in Miso today (and secure limited bonus shares).2
Advertiser's disclosures:
1 Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.
2 December 23, 2024 will be the last day to invest and be considered a shareholder in 2024. Any investments made after this date will only be considered shareholders starting in 2025.
3 Please read the offering circular and related risk at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation A+ Offering.
