Finance
Verizon Shares Take a Hit After Q1 Sales Warning
March 13, 2025
With Valentine’s Day just around the corner, Domino’s is spreading the love in a unique way: by launching a pizza-scented perfume. Now, you can make the irresistible aroma of a fresh pepperoni pizza your signature scent.
On the market front, the S&P 500, Nasdaq 100, and Russell 2000 all saw gains to start the week. Tech stocks were notably strong, with software and chip companies both climbing nearly 2%, making tech the second-best-performing S&P 500 sector ETF. Energy led the pack, buoyed by a solid jump in crude oil prices. Steel stocks also saw notable increases after President Trump announced plans for 25% tariffs on imported steel and aluminum.
While most companies move based on earnings or news, GameStop tends to make waves based on cryptic tweets—often from influential figures like Roaring Kitty or CEO Ryan Cohen. Yesterday, GameStop's stock surged by about 10% after Cohen tweeted a photo with Michael Saylor, the CEO and co-founder of Strategy (formerly MicroStrategy). What could this mean for GameStop? It’s hard to say for sure, but investors seem to think it could signal a shift toward a new strategy.
Strategy is known for being the largest corporate holder of Bitcoin, and its stock has soared alongside the recent crypto boom. Their approach? Buy Bitcoin. It's worked—Strategy has seen a 367% increase in stock price over the past year. GameStop, with its $4.6 billion in cash reserves, could follow suit, though it has yet to successfully capitalize on crypto investments. The last foray into the digital asset space—NFTs—didn’t quite pan out, but now, it seems investors are curious if GameStop might adopt a more focused crypto strategy.
The Takeaway: Both GameStop and Strategy have shown a knack for profiting from ventures outside their core businesses, whether through buying Treasuries or diving into crypto. While GameStop’s previous crypto attempt didn’t quite hit the mark, this latest development has investors wondering if the gaming giant might be gearing up for another shot at the digital currency market.
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
On Sunday, former President Trump announced on Truth Social that he’s instructed the US Treasury to halt the minting of new pennies. The move follows a long-standing push from the Department of the Treasury, which has targeted the penny for elimination due to the fact it costs 3.69 cents to produce each one.
Make it Make Cents: For 19 years, the US has lost money on pennies—most of which are handed out as change but never make it back into circulation, instead lingering in change jars or drawers. Despite this, the minting continues to accommodate those pesky 99-cent items. Canada stopped producing pennies over a decade ago, simply rounding cash transactions to the nearest five cents—a model that might offer a solution for the US.
Penny for Your Thoughts: A key question is who has the power to make this change—Congress, the Treasury, or the President? According to journalist Caity Weaver, a section of the US Code seems to place this authority with “the Secretary of the Treasury,” who has the discretion to mint coins as needed. In theory, this could mean the penny's days are numbered, with no mandate to keep it in circulation.
The Takeaway: While we may all have a bit of childhood nostalgia for pennies, the case for their continued existence—whether due to historical value or price protection—appears to be losing steam. One important factor to consider, though, is that eliminating the penny could lead to increased demand for nickels, which are even more expensive to produce, at 13.78 cents each.
Presented by Boxabl
When the biggest names in your industry take an interest, you know you're onto something.
That's the story with BOXABL. They're bringing assembly lines to home construction, gaining the attention of investors like D.R. Horton. Where traditional homes take 7+ months to build, BOXABL is capable of producing their signature “Casita” in 4 hours.And they’re just getting started. BOXABL just announced a new $20,000 housing unit called “Baby Box”. It’s a turn-key home designed for affordability and versatility, with applications spanning workforce accommodations to tiny homes.
Now, everyday investors can join them too. When BOXABL last opened a Reg A investment opportunity, they maxed out the $75M regulatory limit. BOXABL believes their new $20,000 house is the key to unlocking even greater potential.
Advertiser's disclosures:
¹ The minimum investment is $1,000. This is a paid advertisement for the Boxabl Inc. Regulation A offering. Please read the offering circular and related risks at StartEngine’s Boxabl Website.
Nasdaq®, Nasdaq-100 Index®, Nasdaq-100®, and NDX® are trademarks of Nasdaq, Inc. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies or Nasdaq proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
Investing in private company securities is not suitable for all investors because it is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities.
² Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.
³ 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.
⁴ Please read the offering circular and related risk at invest.modemobile.com. This is a paid advertisement for Mode Mobile’s Regulation A+ Offering.
