- Stocks & Income
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- Jobless claims jump
Jobless claims jump
And the NASDAQ tumbles 2.8%

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Express Interest
📰 Market Headlines

Stocks tumbled yesterday, especially tech, after Nvidia's earnings report and renewed tariff threats from President Trump spooked investors.
The tech-heavy Nasdaq plummeted 2.8%, while the S&P 500 fell 1.6%, and the Dow dropped 0.4%.
Jobless claims jumped to 242,000, the highest level since December and well above the 221,000 forecast.
President Trump announced new tariffs will hit Mexico, Canada, and China on March 4, with a 25% levy planned for EU imports.
The House Judiciary Committee demanded information about how foreign governments may have influenced content moderation in the US.
🥃 Alternative investing news
Want to buy a tequila distillery?
A rare market opportunity has emerged in El Arenal, Jalisco: the acquisition of Herencia de Agaves, a fully operational tequila distillery with one of the industry's most valuable assets: NOM certification.
We’re buying this through Altea, and you can hop in the deal.
📊 Ideas, trends, and analysis
Palantir is down 25% from its peak

📊 Crypto
Hackers linked to North Korea stole $1.5 billion in Ethereum from the Dubai-based Bybit exchange.
SEC dropped enforcement case against ConsenSys' MetaMask wallet.
🧠 Make yourself heard
On Thursday, the SEC dismissed its lawsuit against Coinbase.
As a recap, in 2023, the SE filed a lawsuit alleging that Coinbase operated as an unregistered securities exchange, broker, and clearing agency.
What will be the net effect of the SEC dropping its case against Coinbase? |
😱 Fear and Greed Index

📊 Winners and losers

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.
Earnings, upgrades, and acquisitions
Archer Aviation received strong institutional backing from BlackRock's $300 million investment, but shares plummeted 19.75%.
Clover Health posted its first profitable quarter with $490 million net income; shares retreated 5.92%.
Duolingo beat Q4 estimates, however, shares still dropped 10.19%.
Norwegian Cruise Line reported a Q4 positive net income, up from a loss last year; shares slid 5.12%.
SoundHound AI tumbled 13.85% after Nvidia disclosed selling its remaining stake in the company.
Vistra Corp swung to Q4 profit after a $184 million loss; shares plunged 19.84%.
Market movers
Meta fired 20 employees for leaking confidential information.
OpenAI unveiled GPT-4.5, its largest AI model yet.
Thermo Fisher acquired Solventum's filtration unit for $4.1 billion.
NOAA began laying off hundreds of climate and weather scientists as part of broader government downsizing.
Like good newsletters?
Here are some other ones popular with Stocks & Income readers:
🌍 Global Perspectives

🇹🇷 Kurdish militant leader Abdullah Ocalan ordered his PKK followers to lay down arms and dissolve the organization.
🇹🇭 Thailand deported 40 Uyghurs back to China despite warnings from human rights groups about potential persecution.
🇸🇾 Over 1,000 Syrians died in detention at Damascus's Mezzeh military airport under Assad's regime.
🇹🇼 The US quietly unfroze $870 million in security assistance for Taiwan despite rising tensions with China.
🎤 What you said last time
Thank you sincerely for the comments.
You’re an opinionated bunch! Keep it up, we read everything.

“DEl has never been the problem. But suddenly, it's become political cannon fodder…DEI and merit are not mutually exclusive.”
🧠 Miscellanea
The legendary SS United States sets sail for its final voyage to become the world's largest artificial reef off Florida's coast.
Scientists found the ISS is too sterile for astronaut health, suggesting we add some Earth microbes.
Archaeologists unearthed rare paintings of Dionysus in Pompeii.
📺 What to Watch Today
That’s all for today. Did I miss anything? Smash the reply button to let me know.
Or find me in the Alts Community.
Cheers,
Wyatt

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