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Ambassador Mike Waltz lays out ‘America First’ vision for US leadership at the UN

Politics 5 Mins Read

Ambassador Mike Waltz, the U.S. permanent representative to the United Nations, outlined the Trump administration’s ‘America First’-centered policies that he is adopting in a wide-ranging, exclusive interview with Fox News Digital, as the former national security advisor asserts himself in the role.

Waltz rejected claims that the present U.N. cash crisis was primarily a result of unpaid U.S. dues. ‘The United States pays to the U.N. system, more than 180 countries combined,’ noting, ‘We have historically been the largest supporter of the U.N., but under President Trump, we’re demanding reform.’

Waltz argued the organization has drifted from its founding mission. ‘There are times where the U.N. has been incredibly helpful to U.S. foreign policy and objectives, but there are also times where it’s working against us,’ he said. ‘It has become bloated, it has become duplicative, it has lost its way from its original founding.’

Waltz framed the approach as part of an ‘America First’ doctrine focused on accountability for taxpayer dollars and burden-sharing among member states, saying that Washington’s financial leverage is intended to force change. ‘When we give the U.N. some tough love … these are the American taxpayers’ hard-earned dollars,’ he said. ‘At the end of the day, we will get the American taxpayers’ money’s worth, so to speak, out of this organization.’

At the U.N. earlier this week, the secretary-general framed the crisis as a matter of unpaid obligations by member states. When asked what gives him confidence the United States will pay, he said, ‘The question is not one of confidence. Obligations are obligations. So in relation to obligations, it’s not a matter of having confidence. It’s a matter of obligations being met.’

The secretary-general’s spokesperson, in response to a Fox News Digital question, rejected the idea that the organization’s financial crisis stems from internal management and echoed that position, saying the funding situation is ‘very clear,’ pointing to the fact that some of the largest contributors have not paid, while arguing the secretary-general has been a ‘responsible steward’ of U.N. finances and has pursued management reform since the start of his tenure.

‘They just agreed to cut nearly 3,000 headquarters bureaucratic positions,’ Waltz said in their defense. ‘They agreed to the first-ever budget cut in U.N. history in 80 years, a 15% budget cut, and they’re cutting global peacekeeping forces by 25%.’

‘What’s interesting is, behind the scenes, a lot of people are saying thank you. This place needs to be better. President Trump is right. It’s not living up to its potential. We should ask ourselves, why isn’t the U.N. resolving things like border disputes with Cambodia and Thailand? Why aren’t they really driving the humanitarian catastrophe in Sudan to a resolution? That’s what the U.N. was built for. Thank God President Trump is, but he’s asking the question of why is he having to do all of this. Where’s the United Nations? So we’re determined here to help them live up to their reforms, live up to their mandate, live up to their mission.’

‘You have to have one place in the world where everyone can talk,’ he said. ‘The president is a president of peace. He puts diplomacy first.’

Asked whether U.N. leadership is doing enough to reform the world body, Waltz said Secretary-General António Guterres has begun moving in the right direction but should have acted sooner.

‘The secretary general has taken steps in the right direction. Frankly, I wish he had done it much sooner in a much more aggressive way,’ Waltz said.

He cited structural changes and consolidation efforts while arguing that measurable results must follow.

‘The U.N.’s budget has quadrupled in the last 25 years,’ Waltz said. ‘We haven’t seen a quadrupling of peace around the world. In fact, it’s gone the opposite direction.’

When asked if the administration’s Gaza peace framework and a mechanism known as the Board of Peace are alternatives to the U.N., Waltz said they are intended to complement the institution rather than replace it.

‘The president doesn’t intend the Board of Peace to replace the U.N., but he intends to drive a lot of these conflicts to conclusion,’ he said.

‘As part of the president’s 20-point peace plan was also the Board of Peace to actually implement it,’ he said.

He said the Board of Peace involves regional governments and is designed to create a stabilization structure on the ground. ‘The Egyptians are involved, Turkey’s involved, the Gulf Arabs, Jordan and importantly, the Israelis,’ he said. ‘We’re going to have a stabilization force, we’re going to have a funding mechanism for rebuilding humanitarian aid … and this Palestinian technocratic committee that can restore government services.’

Looking ahead, Waltz said the administration wants a narrower, more mission-driven U.N. focused on security, conflict resolution and economic development.

‘I see … a much more focused U.N. that we have taken back to the basics of promoting peace and security around the world,’ he said.

He also called for greater private sector involvement and less reliance on traditional aid structures. ‘This old model of NGOs and agencies going to governments and just saying, ‘More, more, more’ — it isn’t sustainable,’ he said. ‘If we’re driving environments in developing countries that welcome American businesses … we break that dependence on development aid and everyone benefits.’

Ultimately, Waltz framed his role as executing foreign policy vision. ‘I’m a vessel for the president’s vision,’ he said. ‘From my perspective, at the end of his administration, he looks at a U.N. that is leading in driving countries toward peaceful conclusions to conflicts around the world and asking for his help. That’s a much better dynamic than the president having to do it all and saying, ‘Where is the U.N. in these conflicts?’ And so we’re looking to very much flip that on its head, and we have a plan to do it.’

This post appeared first on FOX NEWS

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Trump says nuclear talks in Oman were ‘very good,’ claims Iran wants a deal ‘very badly’

Politics 3 Mins Read

The indirect nuclear talks between the U.S. and Iran mediated by Oman were ‘very good,’ according to President Donald Trump.

‘Iran looks like it wants to make a deal very badly. We’ll have to see what that deal is. But I think Iran looks like they want to make a deal very badly, as they should. Last time they decided maybe not to do it, but I think they probably feel differently,’ Trump told reporters aboard Air Force One on Friday.

The president added that the U.S. had a ‘big Armada’ heading towards Iran, something he has spoken about in the past.

When he was pressed on how long the U.S. would be willing to wait to make a deal with Iran, the president indicated some flexibility, saying that he believes the two nations can reach an agreement.

‘It can be reached. Well, we have to get in position. We have plenty of time. If you remember Venezuela, we waited around for a while, and we’re in no rush. We have very good [talks] with Iran,’ Trump said.

‘They know the consequences if they don’t make a deal. The consequences are very steep. So we’ll see what happens. But they had a very good meeting with a very high representative of Iran,’ the president added.

American and Iranian representatives held separate meetings with Omani officials on Friday amid flaring tensions between Washington and Tehran. Oman’s Foreign Ministry said that the meetings were ‘focused on preparing the appropriate conditions for resuming diplomatic and technical negotiations.’

On Friday, Iranian Foreign Minister Abbas Araghchi said that indirect nuclear talks were ‘a good start’ and that there was a ‘consensus’ that the negotiations would continue.

‘After a long period without dialogue, our viewpoints were conveyed, and our concerns were expressed. Our interests, the rights of the Iranian people, and all matters that needed to be stated were presented in a very positive atmosphere, and the other side’s views were also heard,’ Araghchi said.

‘It was a good start, but its continuation depends on consultations in our respective capitals and deciding on how to proceed,’ he added.

While both sides expressed optimism about a possible deal, the U.S. moved to impose fresh sanctions on Iran after the talks. The State Department announced that the U.S. was sanctioning ’15 entities, two individuals and 14 shadow fleet vessels connected to the illicit trade in Iranian petroleum, petroleum products, and petrochemical products.’

‘Instead of investing in the welfare of its own people and crumbling infrastructure, the Iranian regime continues to fund destabilizing activities around the world and step up its repression inside Iran,’ the statement read.

‘So long as the Iranian regime attempts to evade sanctions and generate oil and petrochemical revenues to fund such oppressive behavior and support terrorist activities and proxies, the United States will act to hold both the Iranian regime and its partners accountable.’

The Iranian Foreign Ministry did not immediately respond to a Fox News Digital request for comment on the sanctions.

This post appeared first on FOX NEWS

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Russia to ‘interrogate’ two suspects in attempted assassination of top military general

Politics 2 Mins Read

Russia said it plans to ‘interrogate’ two suspects in the attempted assassination of a top military intelligence official who was ambushed in Moscow on Friday, according to a Russian newspaper.

The Russian newspaper Kommersant reported that two suspects in the shooting of Lt. Gen. Vladimir Alekseyev ‘will soon be interrogated,’ citing a source close to the investigation.

After questioning, the suspects are expected to be charged, the report said, according to Reuters. 

Alekseyev, the deputy head of Russia’s GRU military intelligence agency, was shot three times in his Moscow apartment building on Friday and rushed to a hospital.

The Associated Press reported that the business daily Kommersant said the shooter posed as a delivery person and shot Alekseyev twice in the stairway of his apartment building, injuring him in the foot and arm. Alekseyev allegedly attempted to wrest the weapon away and was shot again in the chest before the attacker fled, the report said.

Kommersant reported that Alekseyev underwent successful surgery and regained consciousness Saturday but remained under medical supervision.

Russian news outlet TASS reported that the surgery was successful and that Alekseyev’s injuries were not life-threatening.

The outlet reported that the Investigative Committee launched a criminal investigation on charges of attempted murder and illicit trafficking in firearms.

Russian foreign minister Sergey Lavrov accused Ukraine of being behind the assassination attempt, alleging — without providing evidence — that it was intended to sabotage peace talks. Ukraine denied any involvement.

Alekseyev, 64, has been under U.S. sanctions over alleged Russian cyber interference in the 2016 U.S. presidential election. The European Union also sanctioned him over the 2018 poisoning of former Russian intelligence officer Sergei Skripal and his daughter in Salisbury, England.

The assassination attempt came as President Donald Trump’s administration has been seeking to help broker peace between Russia and Ukraine.

The warring nations agreed to a prisoner swap this week, according to readouts posted on X by U.S. special presidential envoy for peace missions Steve Witkoff and Ukraine’s national security and defense council minister Rustem Umerov.

Fox News’ Alex Nitzberg and Reuters contributed to this report.

This post appeared first on FOX NEWS

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Tulsi Gabbard denies wrongdoing over delayed whistleblower complaint referral to Congress members: ‘Baseless’

Politics 5 Mins Read

Director of National Intelligence Tulsi Gabbard denied any wrongdoing on Saturday as Democrats question why a whistleblower complaint filed against her last May took nearly a year before it was referred to Congress.

‘[Virginia Democrat] Senator Mark Warner and his friends in the Propaganda Media have repeatedly lied to the American people that I or the ODNI ‘hid’ a whistleblower complaint in a safe for eight months,’ Gabbard wrote in a lengthy X post on Saturday. ‘This is a blatant lie.’

She continued, ‘I am not now, nor have I ever been, in possession or control of the Whistleblower’s complaint, so I obviously could not have ‘hidden’ it in a safe. Biden-era IC Inspector General Tamara Johnson was in possession of and responsible for securing the complaint for months.’

The highly classified complaint by a U.S. intelligence official alleging wrongdoing on the part of Gabbard was filed eight months ago with the intelligence community’s watchdog office and was first reported on by the Wall Street Journal.

The complaint has been locked in a safe since its filing, according to the Journal, with one U.S. official telling the newspaper that the disclosure of its contents could cause ‘grave damage to national security.’

The whistleblower’s lawyer has accused Gabbard’s office of slow-walking the complaint, which her office has denied, calling it ‘baseless and politically motivated.’ 

Meanwhile, Democrats are also questioning why it took her office so long to hand the complaint over to Congress.

‘The law is clear,’ Warner, the senior Democrat on the Senate Intelligence Committee, said Thursday, according to NPR, adding that the complaint was required to be sent to Congress within 21 days of its filing. ‘I think it was an effort to try to bury this whistleblower complaint.’

Neither the contents of the complaint nor the allegations against Gabbard have been revealed.

Gabbard wrote on Saturday that the first time she saw the complaint was ‘when I had to review it to provide guidance on how it should be securely shared with Congress.’

‘As Vice Chair of the Senate Intelligence Committee, Senator Warner knows very well that whistleblower complaints that contain highly classified and compartmented intelligence—even if they contain baseless allegations like this one—must be secured in a safe, which the Biden-era Inspector General Tamara Johnson did and her successor, Inspector General Chris Fox, continued to do,’ she continued. ‘After IC Inspector General Fox hand-delivered the complaint to the Gang of 8, the complaint was returned to a safe where it remains, consistent with any information of such sensitivity.’

She claimed that either ‘Warner knows these facts and is intentionally lying to the American people, or he doesn’t have a clue how these things work and is therefore not qualified to be in the U.S. Senate.’

Gabbard further wrote that ‘When a complaint is not found to be credible, there is no timeline under the law for the provision of security guidance. The ‘21 day’ requirement that Senator Warner alleges I did not comply with, only applies when a complaint is determined by the Inspector General to be both urgent AND apparently credible. That was NOT the case here.’

An inspector general representative said that it had determined some of the allegations in the complaint against Gabbard weren’t credible, while it hasn’t made a determination on others, according to the Journal.

Gabbard said she was made aware that she needed to provide security guidance on the complaint by IC Inspector General Chris Fox on Dec. 4, ‘which he detailed in his letter to Congress.’

Afterward, she said she ‘took immediate action to provide the security guidance to the Intelligence Community Inspector General, who then shared the complaint and referenced intelligence with relevant members of Congress last week.’

In closing her post, Gabbard once again accused Warner of spreading ‘lies and baseless accusations over the months for political gain,’ which she said ‘undermines our national security and is a disservice to the American people and the Intelligence Community.’

Warner’s office told Fox News Digital Gabbard’s post was an ‘inaccurate attack that’s entirely on brand for someone who has already and repeatedly proven she’s unqualified to serve as DNI.’ 

Republicans on the House and Senate intelligence committees have backed up Gabbard, with Sen. Tom Cotton, R-Ark., writing on X on Thursday: ‘I have reviewed this ‘whistleblower’ complaint and the inspector general handling of it. I agree with both inspectors general who have evaluated the matter: the complaint is not credible and the inspectors general and the DNI took the necessary steps to ensure the material has handled and transmitted appropriately in accordance with law.’

He addded, ‘To be frank, it seems like just another effort by the president’s critics in and out of government to undermine policies that they don’t like; it’s definitely not credible allegations of waste, fraud, or abuse.’

Gabbard’s office did not immediately respond to Fox News Digital’s request for comment.

This post appeared first on FOX NEWS

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Top 5 Canadian Mining Stocks This Week: Giant Mining Gains 70 Percent

Investing 10 Mins Read

Statistics Canada released January’s jobs report on Friday (February 6). The data showed that the Canadian workforce shrank by 25,000, or 0.1 percent.

Manufacturing experienced the largest decline, losing 28,000 workers, followed by education with 24,000, and the public sector, which decreased by 10,000. These declines were balanced by increases of 17,000 across information, culture, and recreation; 14,000 in business, building and support services; and 11,000 in agriculture.

Despite the declines, the unemployment rate fell 0.3 percentage points to 6.5 percent. While the rate was the lowest since September 2024, the agency notes that the decrease was driven by fewer people looking for work through the month, and coincided with a 0.4 percent drop in the labor force participation rate, which came in at 65 percent.

The release came just a day after the US Bureau of Labor Statistics (BLS) released its job opening report on Thursday (February 5) that showed that labor demand had decreased to its lowest level since September 2020, as December’s figures fell by 386,000 openings.

The report differs from the employment situation summary, which is typically released on the first Friday of each month. The report has been delayed due to the extended US government shutdown in late 2025 and will be released next Wednesday, February 11.

Employment data is an important metric for assessing the overall health of the Canadian and US economies and plays a significant role in helping central banks set interest rate policy.

For more on what’s moving markets this week, check out our top market news round-up.

Markets and commodities react

Canadian equity markets were mixed this week.

The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 1 percent over the week to close Friday at 32,470.98, while the S&P/TSX Venture Composite Index (INDEXTSI:JX) shed 5.38 percent to 1,015.34. The CSE Composite Index (CSE:CSECOMP) dropped 1.22 percent to 167.56.

The gold price gained 4.84 percent to close at US$4,951.69 per ounce on Friday at 4:00 p.m. EST. The silver price didn’t fare as well, closing the week down 1.78 percent at US$77.32 on Friday.

In base metals, the Comex copper price recorded a 0.85 percent rise this week to US$5.93.

On the other hand, the S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) was down 3.7 percent to end Friday at 587.55.

Top Canadian mining stocks this week

How did mining stocks perform against this backdrop?

Take a look at this week’s five best-performing Canadian mining stocks below.

Stocks data for this article was retrieved at 4:00 p.m. EST on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

1. Giant Mining (CSE:BFG)

Weekly gain: 69.57 percent
Market cap: C$27.51 million
Share price: C$0.39

Giant Mining is an exploration company working to advance its Majuba Hill District copper, silver and gold project north of Reno in Nevada, US.

The site consists of 403 federal lode mining claims and four private property parcels that cover an area of 3,919 hectares. Mining at the property took place between 1900 and 1950, resulting in the production of 2.8 million pounds of copper, 184,000 ounces of silver and 5,800 ounces of gold.

Extensive exploration work has been carried out at Majuba Hill, with 89,930 feet being drilled since 2007.

The most recent news from Giant came on January 30, when it reported that it planned to drill up to 10,000 feet in a multi-phase drill program at Majuba Hill, targeting three breccia zones.

Following the first phase of 5,000 feet of drilling, the program will include underground and surface sampling to support follow-up drill targeting for the remaining holes.

2. CGX Energy (TSXV:OYL)

Weekly gain: 64.71 percent
Market cap: C$66.02 million
Share price: C$0.28

CGX Energy is an oil and gas exploration company with 27.48 percent ownership of a portfolio of wells in the Corentyne block off the coast of Guyana. Frontera Energy (TSX:FEC) is the company’s joint venture partner in the Corentyne block and also holds 76.05 percent interest in CGX.

The Kawa-1 exploration well was drilled in 2021 and 2022 and encountered an active hydrocarbon system extending to a depth of 6,000 feet, mirroring trends in the Guyana-Suriname Basin. CGX’s Wei-1 well was drilled in late 2022 and is located on-trend between the Kawa-1 well and Exxon’s (NYSE:XOM) Pluma discovery.

CGX and Frontera are currently in a legal dispute with the government of Guyana, which believes the petroleum prospecting license for Corentyne expired in 2024, a stance the joint venture disagrees with. The most recent update on the matter mentioned plans to meet and discuss the situation, with potential dates in November or December of last year.

Shares in CGX posted gains this week, but the company has not released news since November 13, when it announced its third-quarter financial statements. However, Frontera announced on January 30 that it divested its producing Colombian assets while retaining its interests in Guyana, news that may signal that the Corentyne block permitting situation could still be resolved.

3. Saba Energy (TSXV:SABA)

Weekly gain: 61.11 percent
Market cap: C$12.07 million
Share price: C$0.29

Saba Energy is an oil and gas exploration company with operations in British Columbia, Canada, as well as the Philippines.

The company’s primary Canadian operations consist of the producing Boundary Lake and Laprise oil and gas fields, which have a net present value of C$43 million as of its September quarterly report.

The most recent news from Saba came on January 27, when it announced a heads-of-agreement with Nido Petroleum for a farm-in arrangement on a pair of offshore assets in the Philippines.

Saba will earn 60 percent of Service Contract 54 (SC54). SC54 covers an area of 550 square kilometers to depths of 50 to 110 meters and hosts three discovery wells and one production well, which previously produced 270,000 barrels at 19,000 barrels per day before it was closed due to water encroachment.

The company will also earn a 52.73 percent share in the DPPSC Cadlao, which covers an area of 914 square kilometers to depths of 93 meters. The site has 6.8 million barrels in reserves and produced 11.1 million barrels between 1982 and 1992.

If the transaction is completed, Saba will become the operator of both assets. The company plans to open a US$7.5 million convertible debenture private placement to achieve the requirement of raising US$7 million by mid-April.

4. Copper Giant Resources (TSXV:CGNT)

Weekly gain: 60.66 percent
Market cap: C$157.77 million
Share price: C$0.98

Copper Giant Resources is an exploration company advancing its Mocoa copper-molybdenum project in Southern Colombia. It changed its name from Libero Copper and Gold last year.

The property covers 1,324 square kilometers and hosts a copper porphyry system originally discovered in 1973.

A November 2025 mineral resource estimate significantly increased its resource. Mocoa now holds an inferred resource of 7.6 billion pounds of copper and 1 billion pounds of molybdenum, at 0.31 percent copper and 0.039 percent molybdenum, from 1.12 billion metric tons of ore. The upgrade made the project South America’s largest undeveloped molybdenum deposit.

The most recent news from Copper Giant came on January 29, when it reported results from the first drill hole at the La Estrella target. While assays returned low-grade mineralization, the company noted that the significance was geological, as it confirmed continuity of the porphyry system beyond the established deposit.

The release also reported results from a second hole at the southern edge of the Mocoa footprint, which the company said were stronger than previously interpreted at the southern margin of the deposits. Grades in the hole were 0.13 percent copper and 0.01 percent molybdenum over 804 meters starting from surface, which included an intersection of 0.44 percent copper and 0.05 percent molybdenum over 33 meters.

5. Benz Mining (TSXV:BZ)

Weekly gain: 50.46 percent
Market cap: C$749.9 million
Share price: C$3.25

Benz Mining is a gold exploration company that is focused on advancing projects in Québec, Canada, as well as Western Australia.

Its Eastmain project consists of an 8,000 hectare property located in Central Québec within the Upper Eastmain Greenstone belt. The most recent resource estimate from May 2023 reported an indicated resource of 384,000 ounces of gold from 1.3 metric tons of ore grading 9 g/t gold, and an inferred resource of 621,000 ounces of gold from 3.8 metric tons grading 5.1 g/t.

In 2025, Benz acquired the Glenburgh and Mount Egerton gold projects in Western Australia from Spartan Resources (ASX:SPR). It spent much of 2025 exploring Glenburgh, which covers an area of 786 square kilometers and features 50 kilometers of strike. The site hosts six priority extension targets and 5 kilometers of exploration trend with over 100 parts per billion gold.

A November 2024 resource estimate for Glenburgh showed an indicated and inferred resource of 510,000 ounces of gold from 16.3 million metric tons of ore with an average grade of 1 g/t gold.

On January 28, the company announced a shallow, high-grade discovery at the Glenburgh project’s Icon trend. Assays returned grades including 29 g/t gold over 13 meters starting at a depth of 60 meters. Additionally, results showed wide mineralization as well, including 200 meters grading 1 g/t gold starting at 76 meters.

The most recent news from Benz came the next day, when it announced it received firm commitments for a AU$75 million bought deal placement, which it said was led by strong demand from two global institutional fund. The company said the investment increases its pro forma cash position to AU$94 million, which will be allocated across its portfolio, particularly focused on the Glenburgh project.

FAQs for Canadian mining stocks

What is the difference between the TSX and TSXV?

The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

How many mining companies are listed on the TSX and TSXV?

As of December 2025, 898 mining companies and 71 oil and gas companies are listed on the TSXV, combining for more than 60 percent of the 1,531 total companies listed on the exchange.

As for the TSX, it is home to 175 mining companies and 51 oil and gas companies. The exchange has 2,089 companies listed on it in total.

Together, the TSX and TSXV host around 40 percent of the world’s public mining companies.

How much does it cost to list on the TSXV?

There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

How do you trade on the TSXV?

Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

Article by Dean Belder; FAQs by Lauren Kelly.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Lauren Kelly, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

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Tech Weekly: Chip Stocks Pop to Close Volatile Trading Week

Investing 4 Mins Read

We also break down next week’s catalysts to watch to help you prepare for the week ahead.

In this article:

    This week’s tech sector performance

    Tech stocks extended their selloff into their second week, with the Nasdaq Composite (INDEXNASDAQ:.IXIC) posting its steepest two‑day decline since last April.

    Monday (February 2) saw an early rotation out of tech ahead of Palantir Technologies (NASDAQ:PLTR) earnings report. NVIDIA (NASDAQ:NVDA) slipped on news that its proposed OpenAI‑backed investment hit a snag, dragging AI‑chip names like Advanced Micro Devices (NASDAQ:AMD), Broadcom (NASDAQ:AVGO) and other semiconductor leaders.

    Palantir’s earnings, which beat expectations and included an aggressive revenue growth guide, lifted shares in an early surge on Tuesday (February 3); however, Nvidia’s OpenAI‑investment‑snag news, plus general AI‑disruption worries and positioning, weighed on the broader tech stack, sparking a tech‑growth selloff that impacted NVIDIA, Microsoft (NASDAQ:MSFT) and other software‑heavy names.

    The Nasdaq fell deeper on Wednesday (February 4) as influential tech names such as AMD and other chip and software stocks reversed post‑earnings gains. AMD saw a sharp intraday plunge following its after‑hours earnings print on Tuesday. Its losses dragged the broader index lower.

    Tech selloffs extended into Thursday (February 5), with the Nasdaq closing down 1.6 percent as major tech stocks saw profit‑taking and forward‑looking capex‑related concerns, later crystallized by Alphabet (NASDAQ:GOOGL) and Amazon (NASDAQ:AMZN) aggressive 2026 spending plans.

    The Nasdaq made an impressive recovery on Friday (February 6) as a rally in chip stocks helped pare earlier week losses, despite ongoing volatility in the mega‑caps.

    3 tech stocks moving markets this week

    1.Teradyne (NASDAQ:TER)

    After reporting Q4 2025 earnings results and strong AI-driven guidance on Monday, the stock rose sharply. The semiconductor‑test and robotics‑automation company makes equipment used to test chips, including AI‑related compute and memory and industrial robots.

    2. Skyworks (NASDAQ:SWKS)

    The analog and RF‑semiconductor company, which designs and manufactures components used in smartphones, 5G infrastructure, automotive and IoT devices, reported Q1 fiscal 2026 results on Tuesday, beating expectations and guiding up, which helped it outperform the broader tech selloff.

    3. Apple (NASDAQ:AAPL)

    Apple’s strong performance this week was driven by a wave of analyst upgrades and bullish notes that reinforced the positive narrative from last week’s record‑breaking Q1 print, especially around iPhone demand and China‑market strength.

    Skyworks Solutions, Teradyne and Apple performance, February 2 to 6, 2025.

    Chart via Google Finance.

    Top tech news of the week

      • Canada led an AI delegation to the 2026 World Governments Summit (WGS) in Dubai this week, led by SCALE AI.
        • Alphabet Q4 numbers were driven by search revenue growth, which accelerated by nearly 17 percent, and Google Cloud revenue that jumped 48 percent YoY, helping ease fears that AI chatbots would eat into search. Despite the strong print, the stock dipped as the company said it plans to increase capital expenditures to between US$175 billion and US$185 billion, more than its 2025 cash generation.
        • Palantir’s earnings triggered a pop on Tuesday as it beat revenue expectations and laid out an aggressive 2026 growth guide. The company reported Q4 2025 revenue of US$1.41 billion, up 70 percentYoY, with US commercial revenue surging 137 percent and government revenue rising 66 percent, while guiding full‑year 2026 revenue to about US$7.2 billion
        • Amazon also posted a solid quarter, but said it will spend roughly US$200 billion this year on capital expenditures, a 56 percent jump from 2025, to fund AI‑related infrastructure, data centers and custom chips for AWS. Revenue rose approximately 14 percent to US$213.4 billion, driven by AWS reaccelerating to 24 percent growth and advertising increasing by 22 percent, despite free cash flow collapsing due to a capex surge.

          Tech ETF performance

          Tech exchange-traded funds (ETFs) track baskets of major tech stocks, meaning their performance helps investors gauge the overall performance of the niches they cover.

          This week, the iShares Semiconductor ETF (NASDAQ:SOXX) advanced by 1.89 percent, while the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) advanced by 1.66 percent.

          The VanEck Semiconductor ETF (NASDAQ:SMH) also increased by 0.75 percent.

          Tech news to watch next week

          Next week is another earnings‑heavy, tech‑adjacent stretch, with a mix of big‑name reports and key macro data that will like keep markets sensitive to AI capex and earnings.

          Coinbase (NASDAQ:COIN) and Robinhood Markets (NASDAQ:HOOD) will be among the most‑watched names tied to crypto and retail trading. Cisco (NASDAQ:CSCO) also reports midweek.

          In addition to US wholesale inventories, Employment Cost Index and CPI reports, the FOMC minutes will be released on February 11, so rate policy and inflation will stay front‑of‑mind.

          Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

          This post appeared first on investingnews.com

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          Crypto Market Update: Bitcoin Price Ends Week Higher Following  Earlier Losses

          Investing 2 Mins Read

          Here’s a quick recap of the crypto landscape for Friday (February 6) as of 9:00 p.m. UTC.

          Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

          Bitcoin (BTC) was priced at US$70,178.66, up by 11.3 percent over 24 hours.

          Bitcoin price performance, February 6, 2026.

          Chart via TradingView.

          Bitcoin has stopped behaving as an alternative safe-haven asset and has re-aligned with the risk-asset cycle. Its high correlation with traditional financial markets, including a broad sell-off in technology stocks, precious metals, and equities, suggests a scenario of systemic stress and scarce liquidity.

          Downward pressure intensified after breaking key technical levels, causing nearly US$770 million in leveraged long positions to be liquidated in 24 hours, suggesting the market’s ‘cleansing phase’ is ongoing. The decline was exacerbated by a strong dollar and rising bond yields, which reduced the appeal of non-yielding assets like cryptocurrencies, prompting a rotation into defensive assets.

          In the short term, price action will be limited and vulnerable to renewed selling pressure as long as restrictive financial conditions and a defensive tone prevail in global markets. Stabilization requires an improvement in global financial conditions and Bitcoin’s ability to rebuild solid technical support.

          Ether (ETH) was priced at US$2,052.03, up by 10 percent over the last 24 hours.

          Altcoin price update

          • XRP (XRP) was priced at US$1.46, up by 25.2 over 24 hours.
          • Solana (SOL) was trading at US$87.37, up by 10.4 percent over 24 hours.

          Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

          This post appeared first on investingnews.com

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          Beyond the Pilot: Wiring Wall Street’s New Internet

          Investing 4 Mins Read

          For years, blockchain had promise in the finance industry, but lacked the liquidity and connectivity to scale.

          Yuval Rooz, CEO and co-founder of Canton Network, believes that era is now ending.

          The problem: Legacy friction

          Traditional banking still depends on millions of costly, slow and error-prone messages as institutions attempt to reconcile fragmented records across systems.

          Repurchase agreement (repo) trades highlight the problem. Moving cash and collateral typically requires multiple intermediaries, manual checks and settlement delays that can stretch for days.

          Public blockchains such as Ethereum offer speed, but their full transparency creates a different obstacle, exposing sensitive transaction data that banks cannot legally or competitively disclose.

          At the heart of the issue is a structural trade off. Banks need shared networks to scale efficiency, yet legacy infrastructure and open ledgers force a choice between operating in isolation or revealing too much information. The result has been a patchwork of private systems that protect data sovereignty, but sacrifice interoperability and efficiency.

          Explaining how Canton’s technology removes that trade off, Rooz said:

          “Banks built walled gardens because there was no way to share infrastructure without giving up control or privacy. What we’re seeing now is a gradual shift away from isolated systems toward shared rails where institutions retain sovereignty over their data, while still achieving interoperability.

          ‘That doesn’t mean internal systems disappear overnight, but it does mean the center of gravity shifts toward networks where counterparties can transact in real time.”

          Canton’s solution: Privacy-enabled synchronization

          Canton has created a shared ledger where institutions maintain private blockchains, yet synchronize seamlessly.

          “I think critics misunderstand what financial institutions actually need,” Rooz explained. “Banks don’t want a system where everything is hidden, and they don’t want one where everything is public. They need a way to work together on shared processes, while keeping sensitive details private. That’s what Canton was designed for.”

          In practice, JPMorgan keeps its ledger sovereign, while plugging into LSEG for atomic delivery-versus-payment (DvP) settlements, all without revealing private data. Sub-transaction privacy ensures only trade participants see details; to others, it’s invisible. This network of networks lets banks achieve interoperability without sacrificing control.

          “(This) gives institutions a shared record they can trust, with configurable privacy at the protocol level to divulge transactional information only with involved parties. And because it’s built to connect different applications, firms can link markets and workflows together without sacrificing confidentiality,’ said Rooz.

          “This combination is something traditional systems cannot offer and is why you’re seeing institutions move from pilots into production onchain,’ the expert added.

          Live momentum: JPM Coin and tokenized repos

          JPM Coin’s native integration is a strong signal that the market is maturing.

          JPMorgan’s blockchain rail, with over US$1 trillion in processed volume, has fueled settlements across Canton’s ecosystem. Paired with LSEG’s tokenized deposits, which power live repo activity, there are now synchronized markets where DvP happens in seconds, not days.

          Rooz highlighted the deeper impact, commenting, “Everyone notices the speed, but the collateral mobility is the substance beyond the headline. In legacy markets, collateral spends most of its life idle because moving it safely across systems requires messaging, reconciliation and time. Atomic settlement collapses those steps into a single transaction.’

          He added, ‘When repos settle in seconds, collateral stops being static and becomes reusable. That improves liquidity, balance sheet efficiency and risk management.”

          2026 outlook

          JPM Coin and LSEG repos demonstrate Canton’s shift from pilots to production.

          “We measure success by utilization,” said Rooz, adding, “Having Canton be the network where real transactions are taking place, and regulated assets are moving.’

          He envisions steady expansion powering this transformation. Indeed, similar efforts are already live elsewhere, such as BlackRock’s BUIDL fund, which has tokenized US$1.7 billion in treasuries for 24/7 yields, and DRW Cumberland’s weekend repos, which use tokenized collateral with instant DvP settlements.

          “I’d like to see more asset classes brought on to Canton, and the corresponding transaction volume we’re already seeing will continue to grow in the year ahead,’ said Rooz.

          He sees this convergence accelerating across markets.

          “Our ‘North Star’ is to drive the convergence of TradFi and DeFi onchain to create a new AllFi reality,’ he said.

          Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

          This post appeared first on investingnews.com

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          Investing

          Editor’s Picks: Is Gold and Silver’s Price Correction Over?

          Investing 5 Mins Read

          It’s been a wild couple of weeks for gold and silver.

          After surging to record highs at the end of January, prices for both precious metals saw significant corrections, creating turmoil for market participants.

          This week brought some relief, with gold bouncing back from its low point and even trading above US$5,000 per ounce for a brief period of time.

          Silver, which is known for outperforming gold on both the upside and the downside, was more volatile, but seems to have found support around the US$70 per ounce level.

          Why did gold and silver drop, and more importantly, what’s next? As always, there are a variety of different factors at play, but I’ll give you a rundown of what I’ve been hearing.

          Starting with the pullback, I spoke with Joe Cavatoni of the World Gold Council, who pointed to speculative players as a key reason for gold’s price decline. Here’s how he explained it:

          ‘At the end of this, you’re looking at a lot of people who were pushing the price higher — speculative in nature — pulling back and taking money off the table. That’s why I think we’re seeing a correction in the price. I don’t think that we have an issue with, fundamentally, what’s going on in the gold market.’

          Gary Savage of the Smart Money Tracker newsletter made a similar comment, saying that there are times when sentiment gets so bullish that eventually there’s no one left to buy.

          However, on the silver side he saw signs of market manipulation as well:

          ‘Some of it is just (that) we got way too bullish, ran out of buyers. We were due for some kind of correction anyway, and I think the banks took advantage of that and coordinated a huge overnight attack that dropped silver … I think it was almost 30 percent, or maybe it was 30 percent, almost overnight. That allowed them to get out of their shorts, because a lot of those contracts were going to stand for delivery, and they were going to have to buy physical silver at US$120 an ounce to to deliver.’

          Adding more nuance to the silver story this week was the news that billionaire Chinese trader Bian Ximing has reportedly established the largest net short position on the Shanghai Futures Exchange, with his bet against the white metal clocking in at US$300 million.

          Bloomberg analysis of exchange data shows he started ‘ramping up silver shorts’ in the last week of January, although he initially began shifting from a long silver stance this past November.

          Aside from silver, Bian is known for his moves in gold and copper.

          There’s also been commentary suggesting that the nomination of Kevin Warsh for the US Federal Reserve chair position has weighed on gold and silver prices.

          President Donald Trump announced his choice on January 30, with market watchers quickly pointing to Warsh’s hawkish reputation and questioning whether he will fall in line with Trump’s calls for lower interest rates. Rates have been a sticking point between Trump and current Fed Chair Jerome Powell.

          However, in the days since the news broke, the tone has shifted, with Trump himself saying that Warsh wouldn’t have gotten the job if he said he wanted to raise rates.

          Taking a step back from what’s happening now, I want to emphasize that the majority of the experts I’ve been speaking with recently don’t believe gold and silver are topping.

          In a January 25 interview, Adrian Day of Adrian Day Asset Management said exactly that, pointing to previous bull markets where both metals moved steeply down before continuing up. This quote is from before last week’s correction, but I think you’ll see why it’s still relevant:

          ‘A pullback is always in the cards. And people forget, everybody talks about … 1974 to 1975, when gold dropped almost 50 percent. But people forget, the same thing happened in 2006. Halfway through the bull market, you had a 30 percent correction in gold, which of course means a much bigger correction for gold stocks.

          ‘So a pullback at some point is always not just a possibility, but it’s almost a certainty. But if we rephrase the question to, ‘Is this a top?’ You know, absolutely not. In my view, we are absolutely nowhere near a top.’

          With that said, a point that’s come up repeatedly in my interviews lately is personalization — while it’s valuable to listen to other people’s views, what’s really important is to form your own opinions and understand why you own the assets in your portfolio. If you can do that, you’ll be better equipped to weather any storms, and to buy and sell when it’s time.

          Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

          This post appeared first on investingnews.com

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          Politics

          Lindsey Graham abruptly ends meeting after Lebanese general refuses to label Hezbollah terrorists

          Politics 4 Mins Read

          Sen. Lindsey Graham, R-S.C., swiftly pulled the plug on a meeting with Lebanese Chief of Defense Gen. Rodolphe Haykal after the Lebanese official refused to confirm that the Iranian regime-backed Hezbollah movement is a terrorist organization.

          Graham posted to X a blunt message about his frustration with the state of Lebanon in particular and Mideast power politics in general.

           ‘I just had a very brief meeting with the Lebanese Chief of Defense General Rodolphe Haykal. I asked him point blank if he believes Hezbollah is a terrorist organization. He said, ‘No, not in the context of Lebanon.’ With that, I ended the meeting. They are clearly a terrorist organization. Hezbollah has American blood on its hands. Just ask the U.S. Marines,’ 

          He continued, ‘They have been designated as a foreign terrorist organization by both Republican and Democrat administrations since 1997 – for good reason. As long as this attitude exists from the Lebanese Armed Forces, I don’t think we have a reliable partner in them. I am tired of the double speak in the Middle East. Too much is at stake.’

          Haykal’s refusal to recognize that Hezbollah is a terrorist organization set off security alarm bells among leading experts on the movement.

          Matthew Levitt, a leading scholar on Hezbollah from the Washington Institute, told Fox News Digital that, ‘Gen. Haykal’s comment is only going to further concerns that the LAF sees Hezbollah as an actor with which it should deconflict, rather than disarm. The ceasefire agreement is clear that Hezbollah must be disarmed, in both the south and north of the country. In several instances to date, the LAF appears to have shared with Hezbollah targeting intelligence obtained from Israel through the US-led mechanism rather than acting on it.’

          He added, ‘At a time when the LAF is seeking international aid, purportedly to disarm Hezbollah, failing to recognize the group as an adversary not only of Israel but of Lebanon as well undermines the case for further funding.’

          Fox News Digital sent multiple press queries to Lebanon’s embassy in Washington, D.C.

          Sarit Zehavi, a leading Israeli security expert on Hezbollah from the Israel Alma Research and Education Center, told Fox News Digital that, ‘I was not surprised by what Haykal said. This is exactly the problem. Hezbollah is not designated as a terrorist organization in Lebanon. The Lebanese army… is not willing to clash with Hezbollah. Hezbollah is not willing to voluntarily disarm. It will not happen as long as there is no clash.’

          Zehavi claimed the Lebanese Armed Forces has ‘helped Hezbollah to conceal is military activity and weapons storages in south Lebanon.’

          The U.S. brokered a ceasefire in Nov. 2024 between Hezbollah and Israel. In August, Lebanon’s government accepted an American plan to disarm the group by the end of 2025. That deadline does not seem to have been met.

          U.S. Ambassador to Turkey, Thomas Barrack, who also serves as envoy to Syria, said at a recent Milken Institute event that Lebanon is a ‘failed state.’ 

          Barrack said, ‘The confessional system does not work. A Maronite president, a Sunni prime minister and a Shia speaker; 128 parliamentary seats split equally between Islam and Christians; everything is a deadlock.’

          He said, ‘Hezbollah is a foreign terrorist by U.S. standards,’ and ‘it also happens to be a large political party within Lebanon that has blocking rights… This idea of saying you have to disarm Hezbollah … you’re not actually gonna do it militarily.’

          Barrack said, ‘The U.S. is saying Hezbollah needs to be disarmed, Hezbollah is a foreign terrorist organization, it cannot exist. My personal opinion is you kill one terrorist, you create 10. That can’t be the answer.’ He urged the Lebanese political leadership to ‘run to Israel and make a deal…there is no other answer.’

          Walid Phares, an American academic expert on Hezbollah and Lebanon who has advised U.S. presidential candidates, told Fox News Digital that ‘The disarming of Hezbollah is not just a U.S. and international request but also and most importantly a request by a majority of Lebanese since at least the Cedars Revolution in 2005, when 1.5 million Lebanese Christians, Druze and Sunnis rallied against the Syrian occupation and the Khomeinist militia.’

          He added, ‘While the Assad forces withdrew, Hezbollah remained armed. In May 2008, the radical Shia militia conducted an urban military coup against the pro-Western government and seized full power until the Israel-Iran war, known as the 12-day war of 2025. The latter was provoked by Hezbollah siding with Hamas during the Oct. 7 war.’

          Fox News Digital reported in November that the Trump administration ramped up pressure on the Lebanese government to disarm Hezbollah.

          This post appeared first on FOX NEWS

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