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Social Security Benefits Increase For Millions Of Public Workers

5mins read: A Daily Newsletter (No Politics)

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Small Bite
January 06, 2025

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Hey Small Biters,

This tech company grew 32,481%...

No, it's not Nvidia... It's Mode Mobile, 2023’s fastest-growing software company according to Deloitte.

Just as Uber turned vehicles into income-generating assets, Mode is turning smartphones into an easy passive income source, already helping 45M+ users earn $325M+ through simple, everyday use.

They’ve just been granted their stock ticker by the Nasdaq, and you can still invest in their pre-IPO offering 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.

  • On Sunday, President Joe Biden signed the Social Security Fairness Act, paving the way for nearly 3 million public workers to see an increase in their Social Security benefits.

  • The bipartisan legislation repeals two provisions that reduced Social Security benefits for certain public workers who also receive pension income.

  • Advocacy groups who lobbied for the changes for decades praised the change as a historic move.

  • This victory is more than 40 years in the making

AI Trading Bot Revolutionizes Wall Street: $1K Investment Yields $50K in 30 Days

  • An AI trading robot, Galileo FX, has reportedly transformed a $1,000 investment into $50,000 within 30 days, showcasing the potential of AI in financial markets.

  • The bot achieved a 72% win rate, a profit factor of 3.2, and a maximum drawdown of 14.5% over 5,000 trades, as verified by third-party platforms MyFxBook and FX Blue.

  • Users have reported significant profits, with some turning $700 into $4,000 and others generating weekly earnings of $1,400 to $1,500 using the bot.

  • Galileo FX offers various versions priced between $850 and $4,500 for lifetime access, aiming to make AI-driven trading accessible to both novice and experienced traders.

  • While the bot's performance has been impressive, experts caution that past results do not guarantee future success, and potential investors should consider inherent market risks.

Megacap tech roars back, sending US stocks higher

The S&P 500 ended its longest losing streak since April with a jump of 1.3%. The Nasdaq 100 and Russell 2000 fared even better, up 1.7%.

The Magnificent 7 cohort advanced 2.4%, with Tesla TSLA $412.82 (8.30%) leading the way after yesterday’s big losses. Nvidia NVDA $145.00 (4.54%) also put in another big gain to open the year as the VanEck Semiconductor ETF SMH $251.54 (2.89%) booked its largest one-day rally since September. Super Micro Computer SMCI $33.65 (10.88%) was the best-performing S&P 500 constituent, up double-digits.

What Else Are We Biting

  • Italy Plans $1.6 Billion SpaceX Telecom Security Services Deal.

  • Prime Video licensed a Melania Trump documentary.

  • DraftKings tests a subscription service as it looks to offset high New York taxes.

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