Brace for impact

Trump preps markets for 'a little disturbance' on tariffs, Lutnic: Canada, Mexico tariffs could ease by Wednesday, investors react to Trump's address to Congress, Nasdaq nears correction territory, and China sets 2025 growth target at 5%...

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Good morning.

The Fast FiveTrump preps markets for a 'a little disturbance' on tariffs, Lutnic: Canada, Mexico tariffs could ease by Wednesday, investors react to Trump's address to Congress, Nasdaq nears correction territory, and China sets 2025 growth target at 5%…

Is This “AI Stock” In Your Portfolio?

There are very few opportunities like this in today's market...

But our analysts identified an under-the-radar "AI company" landing billions of dollars in contracts every year.

Calendar: (all times ET) - Full Calendar

  • Today:
    Factory orders, 10:00A
    Fed Beige Book, 2:00P

  • Tomorrow:
    Initial jobless claims, 8:30A
    US productivity Q4, 8:30A
    US trade deficit, 8:30A
    Wholesale inventories, 10:00A

Your 5-minute briefing for Wednesday, March 5:

BEFORE THE OPEN

As of market close 3/4/2025.

Pre-Market:

US Investor % Bullish Sentiment:
↓ 19.38% for Week of February 27 2025

Previous week: 29.19%. Updates every Friday.

Market Wrap:

  • Futures up: Dow +206 pts (+0.5%), S&P & Nasdaq +0.6%.

  • Dow -670 pts (-1.55%), S&P -1.22%, Nasdaq -0.35%, near correction.

  • Trump’s 25% tariffs on Canada/Mexico took effect; retaliation looms.

  • Commerce Sec hints at tariff compromise.

  • Key data: ADP payrolls, PMI.

EARNINGS

Here’s what we’re watching this week:

  • Today: Abercrombie & Fitch (ANF)

  • Thursday: Gap (GAP), Macy’s (M)

    • Broadcom (AVGO) - earnings of $1.51 per share (+37.3% YoY) on $14.6B revenue (+21.7% YoY)

    • Costco (COST) - earnings of $4.10 per share (+4.6% YoY) on $68.3B revenue (+7.8% YoY)

TOGETHER WITH MODE MOBILE

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.

HEADLINES

Investors are increasingly concerned about an escalating global trade war, after Ottawa and Beijing retaliated with their own import duty hikes against the US.

Trump stood behind his variety of tariff plans Tuesday night in a speech to Congress.

  • Tariffs on Canada, Mexico could ease by Wednesday, says Lutnic (more)

  • Nasdaq nears correction territory dragged down by trade tensions (more)

  • Investors react to Trump's address to Congress (more)

  • Trump tells Congress to end CHIPS Act (more)

  • Gold rises on weaker dollar, trade war fears (more)

  • China sets 2025 growth target at roughly 5% (more)

  • CrowdStrike falls 9% on disappointing earnings forecast (more)

  • Trump’s Mexico tariffs could raise prices in days, Target CEO says (more)

  • Asian stocks to decline as tariffs spark US rout (more)

  • Trump and TSMC announce new $100B plan to build five new US factories (more)

  • Goldman moves up annual job cuts, targets 3% to 5% of staff (more)

  • Tesla offers buyer perks to drum up interest with sales slumping (more)

  • ByteDance to buy back US staff shares at $312B valuation (more)

  • Climate finance unicorn co-founder arrested on fraud charges (more)

DEALFLOW

M+A | Investments

  • Private credit to fund $4.5 billion for Walgreens buyout (more)

  • BlackRock to buy Hong Kong firm's Panama Canal port stake amid Trump pressure (more)

  • MasterControl, a provider of quality and manufacturing software solutions for life sciences, acquired Qualer, a company that simplifies tracking, of critical assets across lab facilities (more)

  • ModMed, a specialty-specific healthcare SaaS tech company, received a majority growth investment from Clearlake Capital (more)

VC

  • Odeko, an operation and tech partner for local coffee shops and cafes, raised $126M in Series E funding (more)

  • Aescape, a lifestyle robotics company providing AI massage for personalized recovery, raised $83M in funding (more)

  • Swap, an e-commerce operating system company, raised $40M in Series B funding (more)

  • LlamaIndex, an agent development platform for automating work over unstructured enterprise data, raised $19M in Series A funding (more)

  • Helios, an AI-powered workforce management platform, raised $15.5M in Seed funding (more)

  • Daisy, a home and small business tech installation and services company, raised $15M in Series C funding (more)

  • Nervonik, a medical device company developing an opioid-free peripheral nerve stimulation system, raised $13M in Series A funding (more)

  • Nitricity, a startup electrifying the production of nitrogen fertilizer, raised $10M in funding (more)

  • GEM HEALTH, a virtual specialty care company which specializes in sleep care, raised $7M in Series A funding (more)

  • Copley Software, an AI-powered content experimentation and optimization startup, raised $4.8M in funding (more)

  • Uniti AI, an AI agent platform for commercial real estate operators, raised $4M in Seed funding (more)

  • Whisper, a company developing AI-driven sales and behavioral cloning tech for content creators, raised $1M in funding (more)

  • FanUp, a fantasy sports and pop culture gaming platform, raised an undisclosed amount in funding (more)

CRYPTO

  • Pro-Trump techies enraged by president’s crypto reserve announcement, causing early rift (more)

  • Coinbase, Chainlink, Strategy among companies attending Trump's Crypto Summit (more)

  • David Sacks quietly divested from crypto company at center of conflict of interest controversy (more)

BULLISH

💥 Google urges Trump DOJ to reverse course on breaking up company.

🤖 OpenAI chairman Bret Taylor lays out the bull case for AI agents.

📕 Taser supplier Axon developing ‘covert’ defense weapons for CEOs.

🪷 Inside Jaguar’s radical, risky, roll-of-the-dice reinvention.

DAILY SHARES

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