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

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    This week’s tech sector performance

    Tech markets spent the first full week of 2026 responding to headlines out of the Consumer Electronics Show (CES) in Las Vegas, where semiconductor and artificial intelligence (AI) announcements helped drive Nasdaq Composite (INDEXNASDAQ:.IXIC) momentum. This enthusiasm pushed the index to a fresh record midweek before a bout of profit taking and renewed concerns weighed on sentiment heading into Friday (January 9).

    The Nasdaq finished the week up 0.95 percent from Monday’s (January 5) open, powered by gains in memory and storage names like Micron Technology (NASDAQ:MU) and Western Digital (NASDAQ:WDC) after upbeat commentary on next-generation data infrastructure. However, the rally faded as investors rotated into defensive stocks after US President Donald Trump proposed a US$1.5 trillion “Dream Military” budget.

    Labor market indicators for the week suggest a continued, gradual cooling in the American job market, supporting the case for future US Federal Reserve interest rate cuts.

    North of the border, Canada’s S&P/TSX Composite Index (INDEXTSI:OSPTX) retreated after briefly hitting a record, mirroring the US market’s rotation in the second half of the week, weighed down by Venezuela oil fears.

    3 tech stocks moving markets this week

    1. Micron Technology (NASDAQ:MU)

    Shares of Micron Technology rose 0.12 percent on Monday after the company provided an investor update confirming strong demand for its high-bandwidth memory, critical for AI GPUs, through 2026.

    Comments on storage shortages at CES amplified gains on Tuesday, driving an 8.25 percent advance for Micron that day alongside additional memory stocks. The company saw a 6.14 percent weekly gain.

    2. Lockheed Martin (NYSE:LMT)

    Lockheed Martin jumped by as much as 2.06 percent on Thursday (January 8) after Trump’s Truth Social post prompted an investor rotation to defensive tech stocks.

    3. SanDisk (NASDAQ:SNDK)

    Sandisk, a company focused on NAND flash, SSDs and memory cards for consumer and AI data center use, jumped as much as 27.57 percent on Tuesday as comments at CES from NVIDIA (NASDAQ:NVDA) and Samsung Electronics (KRX:005930,OTCPL:SSNLF) executives reignited concerns of forthcoming price increases for NAND flash memory.

    SanDisk, Lockheed Martin and Micron Technology performance, January 5 to 9, 2026.

    Chart via Google Finance.

    Top tech news of the week

      • Huang also announced that NVIDIA’s new AI server racks will not require outside cooling, a revelation that caused the stocks of cooling equipment suppliers, such as Modine Manufacturing (NYSE:MOD) and Johnson Controls International (NYSE:JCI), to fall.

                      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 2.47 percent, while the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) saw a gain of 1.45 percent.

                      The VanEck Semiconductor ETF (NASDAQ:SMH) also increased by 1.98 percent.

                      Tech news to watch next week

                      Next week will bring bank earnings, starting with JPMorgan Chase (NYSE:JPM) on January 12, and Bank of America (NYSE:BAC) on January 15. January 15 will also bring the latest quarterly results from Taiwan Semiconductor Manufacturing Company (NYSE:TSM).

                      US producer price index data will hit on January 14, testing Fed interest rate cut bets, while Micron is set to break ground on its US$100 billion New York mega-fab on January 16.

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

                      This post appeared first on investingnews.com

                      Four tankers that left Venezuela in early January with their transponders off, also known as ‘dark mode,’ have reportedly returned to the country’s waters. The news comes after several U.S. tanker seizures and amid the Trump administration’s push to acquire Venezuelan oil following the arrest of dictator Nicolás Maduro.

                      Most of the four tankers were loaded, according to Reuters, which noted that Petróleos de Venezuela (PDVSA), a state-owned company, and monitoring service TankerTrackers.com had reported the vessels’ return.

                      A flotilla of approximately one dozen loaded vessels as well as at least three empty ships left Venezuelan waters last month, despite a U.S. blockade that has been imposed since mid-December, according to Reuters.

                      One of the vessels, the supertanker M Sophia, which had the Panamanian flag, was intercepted by the U.S. earlier this week, as was the Olina, which had the flag of Sao Tome And Principe, according to Reuters. The outlet reported, citing PDVSA, that the Olina was released to Venezuela on Friday.

                      The Olina had been seized by U.S. forces in a pre-dawn mission on Friday. The U.S. Southern Command said that Marines and sailors from Joint Task Force Southern Spear worked on the mission in coordination with the Department of Homeland Security.

                      ‘Apprehensions like this are backed by the full power of the U.S. Navy’s Amphibious Ready Group, including the ready and lethal platforms of the USS Iwo Jima, USS San Antonio, and USS Fort Lauderdale,’ the U.S. Southern Command wrote in a post on X. ‘The Department of War’s Operation Southern Spear is unwavering in its mission to defend our homeland by ending illicit activity and restoring security in the Western Hemisphere.’

                      The Olina, previously named the Minerva M, was sanctioned by the United States for its role in transporting Russian oil, according to The Wall Street Journal.

                      Three other vessels that departed Venzuela in the flotilla, Panama-flagged Merope, Cook Islands-flagged Min Hang and Panama-flagged Thalia III, were spotted late Friday in Venezuelan waters by TankerTrackers.com, Reuters reported.

                      On Friday, Trump hosted nearly two dozen oil executives at the White House to discuss investment in Venezuela after the U.S. military’s successful capture of Maduro. The executives represented several major companies, including Chevron, Exxon, ConocoPhillips, Continental, Halliburton, HKN, Valero, Marathon, Shell, Trafigura, Vitol Americas, Repsol, Eni, Aspect Holdings, Tallgrass, Raisa Energy and Hilcorp.

                      ‘You have total safety, total security. One of the reasons you couldn’t go in is you had no guarantees, you had no security, but now you have total security,’ Trump said during the meeting. 

                      ‘It’s a whole different Venezuela and Venezuela is going to be very successful, and the people of the United States are going to be big beneficiaries because we’re going to be extracting, you know, numbers of in terms of oil, like, you know, few people have ever seen actually. So, you’re dealing with us directly. You’re not dealing with Venezuela at all. We don’t want you to deal with Venezuela,’ the president added.

                      The president also predicted that the acquisition of Venezuelan oil would lead to massive wealth, lower taxes and ‘lots of jobs for Americans and for Venezuelans.’

                      Days before the meeting with oil executives, Trump said that Venezuela would be turning over between 30 million and 50 million barrels of ‘high-quality,’ sanctioned oil to the U.S. He made the announcement on Truth Social and said that the oil would be sold at market price and that he would ‘control the proceeds to ensure it is ‘used to benefit the people of Venezuela and the United States!’

                      Fox News Digital’s Emma Colton and Sophia Compton contributed to this report.

                      This post appeared first on FOX NEWS

                      President Donald Trump pushed back on suggestions from Ukrainian President Volodymyr Zelenskyy that the United States could capture Russian President Vladimir Putin after Zelensky pointed to Washington’s recent action against Venezuelan dictator Nicolás Maduro.

                      Trump waved off the idea of such an operation, while venting frustration over the grinding war and his failure so far to bring it to an end. Trump repeatedly said on the campaign trail that he could end the war on his first day back in office. Despite meetings with both Zelenskyy and Putin, a resolution remains elusive.

                      ‘Well, I don’t think it’s going to be necessary,’ Trump said in response to a question from Fox News’ Peter Doocy during a meeting with U.S. oil companies executives at the White House Friday.

                      ‘I’ve always had a great relationship with him. I’m very disappointed,’ Trump said of Putin. ‘I settled eight wars. I thought this would be in the middle of the pack or maybe one of the easier ones.’

                      Trump said the conflict continues to take a heavy toll, particularly on Russian forces, and claimed Moscow’s economy is suffering.

                      ‘And in the last month, they lost 31,000 people, many of them Russian soldiers,’ Trump said, adding that the Russian economy is ‘doing poorly.’

                      ‘I think we’re going to end up getting it settled,’ Trump said. ‘I wish we could have done it quicker because a lot of people are dying.

                      ‘But largely it’s the soldier population,’ he continued. ‘When you have 30,000, 31,000 soldiers dying in a period of a month, 27,000 the month before, 26,000 the month before that. That’s bad stuff.’

                      Trump also criticized the Biden administration for sending what he said was $350 billion to Ukraine, arguing the U.S. should be able to recoup costs through a rare earth minerals agreement tied to continued support. He also claimed the U.S. is not losing money in the conflict, saying Washington is benefiting through arms sales to NATO allies, pointing to NATO’s pledge to raise defense and security spending toward 5% of GDP by 2035, up from the longstanding 2% benchmark.

                      ‘We’re not losing any money. We’re making a lot of money,’ Trump said. 

                      Zelenskyy made his comments after Russia said it fired its new nuclear-capable Oreshnik hypersonic missile as part of a massive overnight attack on Ukraine, a claim Kyiv disputed. Ukrainian officials said the barrage involved hundreds of drones and multiple missiles and struck energy facilities and civilian infrastructure, killing at least four people. 

                      Zelenskyy called on the United States and the international community to respond, saying Russia must face consequences for attacks targeting ordinary civilians.

                      Fox News’ Rachel Wolf contributed to this report.

                      This post appeared first on FOX NEWS

                      An anti-regime protester scaled the balcony of Iran’s Embassy in London on Friday and tore down the Islamic Republic’s flag, replacing it with Iran’s pre-1979 ‘Lion and Sun’ emblem, video shows.

                      The demonstrator climbed the front of the embassy building in Kensington before ripping down the regime’s flag and hoisting the historic symbol associated with Iran’s monarchy prior to the 1979 Islamic Revolution as a large crowd of anti-regime protesters cheered on.

                      The Metropolitan Police said officers responded to the scene and made two arrests — one for aggravated trespass and assault on an emergency worker, and another for aggravated trespass. Police said they are also seeking another individual for trespass. It was not immediately clear whether the protester who tore down the flag was among those arrested.

                      Fox News Digital reached out to Iran’s Embassy in London for comment but did not receive a response by the time of publication.

                      The embassy protest comes as Iran faces its most significant wave of unrest in years. President Trump has warned the regime that the U.S. will protect protesters if necessary.

                      Potkin Azarmehr, a British-Iranian journalist, said the current unrest stands in sharp contrast to Iran’s 2009 Green Movement, when protesters openly questioned whether the Obama administration supported them.

                      ‘What a contrast to Obama’s time, when protesters in Iran were chanting, ‘Obama, are you with us or with them?’’ Azarmehr told Fox News Digital.

                      ‘Any international support, whether at the grassroots or government level, is encouraging,’ he said.

                      He said global attention matters to protesters on the ground, but questioned the lack of visible demonstrations by Western activist groups.

                      ‘The question is where are the Western activist elite protesters? Why are they not protesting? Are they on the side of the ayatollahs? An archaic religious apartheid?’

                      Demonstrations that began on Dec. 28 over economic grievances have since spread nationwide, evolving into a direct challenge to Iran’s clerical leadership. Solidarity protests with Iranian demonstrators have also emerged in other major European cities, including Paris and Berlin. A protest also took place outside the White House in Washington, D.C.

                      As of Saturday, at least 72 people have been killed and more than 2,300 detained in Iran-based protests, according to the U.S.-based Human Rights Activists News Agency.

                      Some protests have included chants supporting Iran’s former monarch, Shah Mohammad Reza Pahlavi, who died in 1980. His son, Reza Pahlavi, has publicly called for continued demonstrations. The Iranian regime has also cut nationwide internet access.

                      At a press conference in Washington, D.C., on Friday, Trump said Iran was facing mounting pressure.

                      ‘Iran’s in big trouble,’ Trump said. ‘It looks to me that the people are taking over certain cities that nobody thought were really possible just a few weeks ago. We’re watching the situation very carefully.’

                      Trump warned the United States would respond forcefully if the regime resorts to mass violence.

                      ‘We’ll be hitting them very hard where it hurts,’ Trump said. ‘And that doesn’t mean boots on the ground, but it means hitting them very, very hard where it hurts.’

                      Supreme Leader Ayatollah Ali Khamenei has signaled a coming clampdown despite U.S. warnings, according to The Associated Press.

                      Tehran escalated its threats Saturday, with Iran’s attorney general, Mohammad Movahedi Azad, warning that anyone taking part in protests would be considered an ‘enemy of God,’ a charge that carries the death penalty. The statement, carried by Iranian state television, said even those who ‘helped rioters’ would face the charge.

                      ‘Prosecutors must carefully and without delay, by issuing indictments, prepare the grounds for the trial and decisive confrontation with those who, by betraying the nation and creating insecurity, seek foreign domination over the country,’ the statement read.

                      ‘Proceedings must be conducted without leniency, compassion or indulgence.’

                      Fox News’ Efrat Lachter, Greg Norman and The Associated Press contributed to this report.

                      This post appeared first on FOX NEWS

                      President Donald Trump pushed back on suggestions from Ukrainian President Volodymyr Zelenskyy that the United States could capture Russian President Vladimir Putin after Zelensky pointed to Washington’s recent action against Venezuelan dictator Nicolás Maduro.

                      Trump waved off the idea of such an operation, while venting frustration over the grinding war and his failure so far to bring it to an end. Trump has repeatedly said on the campaign trail that he could end the war on his first day back in office, but despite meetings with both Zelenskyy and Putin, a resolution remains elusive.

                      ‘Well, I don’t think it’s going to be necessary,’ Trump said in response to a question from Fox News’ Peter Doocy during a meeting with US oil companies executives at the White House Friday.

                      ‘I’ve always had a great relationship with him. I’m very disappointed,’ Trump said of Putin. ‘I settled eight wars. I thought this would be in the middle of the pack, or maybe one of the easier ones.’

                      Trump said the conflict continues to take a heavy toll, particularly on Russian forces, and claimed Moscow’s economy is suffering as well.

                      ‘And in the last month they lost 31,000 people, many of them Russian soldiers,’ Trump said, adding that the Russian economy is ‘doing poorly.’

                      ‘I think we’re going to end up getting it settled,’ Trump said. ‘I wish we could have done it quicker because a lot of people are dying.’

                      ‘But largely it’s the soldier population,’ he continued. ‘When you have 30,000, 31,000 soldiers dying in a period of a month, 27,000 the month before, 26,000 the month before that. That’s bad stuff.’

                      Trump also criticized the Biden administration for sending what he said was $350 billion to Ukraine, arguing the U.S. should be able to recoup costs through a rare earth minerals agreement tied to continued support. He also claimed the U.S. is not losing money in the conflict, saying Washington is benefiting through arms sales to NATO allies, and pointed to NATO’s pledge to raise defense and security spending toward 5% of GDP by 2035, up from the longstanding 2% benchmark.

                      ‘We’re not losing any money. We’re making a lot of money.’

                      Zelenskyy’s comments came after Russia said it fired its new nuclear-capable Oreshnik hypersonic missile as part of a massive overnight attack on Ukraine, a claim Kyiv disputed. Ukrainian officials said the barrage involved hundreds of drones and multiple missiles and struck energy facilities and civilian infrastructure, killing at least four people. 

                      Zelenskyy called on the United States and the international community to respond, saying Russia must face consequences for attacks targeting ordinary civilians.

                      Fox News’ Rachel Wolf contributed to this report.

                      This post appeared first on FOX NEWS

                      Israeli Prime Minister Benjamin Netanyahu and U.S. Secretary of State Marco Rubio discussed the possibility of U.S. intervention in Iran, according to a report.

                      The two leaders spoke by phone Saturday as Israel is on ‘high alert,’ preparing for the possibility of U.S. military intervention in Iran, according to Reuters, citing multiple Israeli sources.

                      The report comes as nationwide anti-regime demonstrations across Iran hit the two-week mark.

                      On Saturday, the Iranian regime triggered an internet ‘kill switch’ in an apparent effort to conceal alleged abuses by security forces and as protests against it surged nationwide, according to a cybersecurity expert. The blackout reduced internet access to a fraction of normal levels.

                      On Sunday, Iran’s parliament speaker warned that the U.S. military and Israel would be ‘legitimate targets’ if America strikes the Islamic Republic.

                      Parliament Speaker Mohammad Bagher Qalibaf issued the threat as lawmakers rushed the dais in the Iranian parliament, shouting, ‘Death to America!’ according to The Associated Press.

                      President Donald Trump offered support for the protesters on Saturday, writing on Truth Social that ‘Iran is looking at FREEDOM, perhaps like never before. The USA stands ready to help!!!’

                      At a news conference Friday, Trump said Iran was facing mounting pressure as unrest spreads across the country.

                      ‘Iran’s in big trouble,’ he said. ‘It looks to me that the people are taking over certain cities that nobody thought were really possible just a few weeks ago. We’re watching the situation very carefully.’

                      The president said the U.S. would respond forcefully if the regime resorts to mass violence. 

                      ‘We’ll be hitting them very hard where it hurts. And that doesn’t mean boots on the ground, but it means hitting them very, very hard where it hurts,’ he said.

                      Fox News Digital reached out to the State Department and White House for comment.

                      Fox News Digital’s Emma Bussey, Brie Stimson and The Associated Press contributed to this report.

                      This post appeared first on FOX NEWS

                      Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David Ellison’s pursuit of the streaming and cable giant.

                      The media company said it remains committed to the $82.7 billion deal it reached in December to sell its streaming service, studio and HBO cable channel to Netflix.

                      ‘The Board unanimously determined that the Paramount’s latest offer remains inferior to our merger agreement with Netflix across multiple key areas,’ Warner Bros. Discovery Chairman Samuel Di Piazza said in a statement.

                      ‘Paramount’s offer continues to provide insufficient value,’ he continued.

                      In a letter to shareholders, Di Piazza wrote that Paramount Skydance’s offer carries ‘significant costs, risks and uncertainties as compared to the Netflix merger.’ The way the Paramount deal is structured creates a ‘lack of certainty’ about its finalization, he added.

                      Di Piazza adds in the letter that if the company were to agree to the Paramount merger and it failed to close, it would result in a ‘potentially considerable value destruction.’

                      ‘What matters most right now is our focus as we start the year,’ Warner Bros. Discovery CEO David Zaslav said in a memo to employees seen by NBC News. ‘Our operating plans remain unchanged, and our priorities for 2026 are clear and intentional.’

                      Zaslav wrote that the ‘review was conducted with discipline and rigor, and was supported by independent financial and legal advisors.’

                      On Dec. 22, Paramount Skydance increased its offer for Warner Bros. Discovery with a personal guarantee from billionaire Larry Ellison, who was backing the financing for the deal. His son, David Ellison, is the CEO of Paramount Skydance.

                      However, that was not enough for Warner Bros. Discovery. That beefed-up offer followed Warner Bros. Discovery’s Dec. 17 public rejection of Paramount. It also preceded multiple private rejections before Paramount Skydance went public.

                      In a statement Thursday, Paramount said it remained committed to the offer that WBD has rejected twice. “WBD continues to raise issues in Paramount’s offer that we have already addressed, including flexibility in interim operations,” Paramount said.

                      At stake is the future of one of the most storied media empires in the United States.

                      The bidding by Paramount also comes amid a monumental shift in the media and streaming landscape at large. On Monday, Versant Media, the cable network spinoff from Comcast, began trading as an independent company. Shares have plunged more than 20% over the course of those two days. (Comcast is the parent company of NBCUniversal and NBC News.)

                      On CNBC, Di Piazza said it would be a mistake to compare Warner Bros. Discovery‘s cable networks to Versant. ‘Discovery Global is different, it has a lot more scale,’ he said.

                      Streaming companies such as Apple, Netflix and Amazon are also challenging traditional broadcasters such as Paramount-owned CBS for sports rights.

                      Warner Bros. Discovery controls properties ranging from CNN Worldwide and the Discovery Channel to HBO, as well as the Warner Bros. film studio and archive.

                      Despite the back and forth between Warner Bros. Discovery and Paramount, Netflix has so far proceeded with the deal it inked Dec. 5, under which the world’s largest streaming company would acquire a stake in WBD.

                      Warner’s cable networks would be spun out into a separate company as part of that deal. However, Paramount Skydance wants to buy everything Warner Bros. Discovery owns.

                      Paramount’s controlling shareholders, the Ellisons, have suggested they could obtain regulatory clearance more quickly and easily than Netflix.

                      In mid-2025, the Ellisons acquired Paramount with approval from the Trump administration. But that approval only came after CBS News agreed to pay $16 million to President Donald Trump’s future presidential library over an interview that “60 Minutes” had conducted with then-presidential candidate, Vice President Kamala Harris.

                      Netflix, for its part, has met with Trump at the White House over the deal. But Trump has said either bidder poses potential problems, in his view.

                      Netflix said in a statement that it ‘welcomed the Warner Bros. Discovery board of directors’ continued commitment to the merger agreement’ the two companies reached last year. ‘Netflix and Warner Bros. will bring together highly complementary strengths and a shared passion for storytelling,’ Netflix’s co-CEOs Ted Sarandos and Greg Peters said.

                      Di Piazza said on CNBC that the difference between Paramount’s offer and that of Netflix is that Warner Bros. and Netflix already ‘have a signed merger agreement’ that has ‘a clear path to closing.’ Di Piazza also said the Netflix deal offers ‘protections for our shareholders, if something stops the close, whatever that might be.’

                      Trump has said he will be personally involved in reviewing whichever merger proceeds.

                      Paramount did not immediately respond to a request for comment.

                      This post appeared first on NBC NEWS

                      The gold price started off the new year on a strong note, approaching the US$4,500 per ounce level midway through the week and breaking through it on Friday (January 9).

                      As is often the case, silver put on a bumpier performance, trading within about a US$10 range. It recorded lows under US$73 per ounce and highs above US$82.

                      Beyond day-to-day price moves, there’s a lot of focus right now on how gold and silver will perform in 2026, and I want to spend some time looking at what experts see coming.

                      When it comes to gold I’m now seeing US$5,000 mentioned frequently, with multiple market watchers calling for it to reach that level as soon as the first quarter.

                      The consensus is that all of gold’s drivers either remain in place or are intensifying, including strong central bank buying, geopolitical tensions and easy money policies.

                      Here’s Alain Corbani of Montbleu Finance explaining why US$5,000 gold makes sense:

                      ‘Between the end of the quantitative tightening and the end of the quantitative easing, usually gold doubles or triples, which means that in a perfect world, gold could go … from US$4,000 to US$6,000 — this is basically the bull figure. So that’s why, when we say US$5,000, that’s only 10 percent more than what we are trading at today.’

                      Silver is trickier to predict. The white metal is known for being volatile, and its strong end-of-2025 performance means that some experts’ 2026 price calls were reached before last year even ended.

                      So where does silver stand as the year begins?

                      I heard this week from David Morgan of the Morgan Report, who didn’t give a specific forecast, but said he believes silver is currently in ‘price discovery’ mode:

                      ‘I’ve stated that we’re still in the price discovery mode — I truly believe that. What the true price of silver is in US dollars, Canadian dollars, I do not know. I think it’s north of $100 in US dollar terms, but it could be much higher than that.

                      I also spoke about silver with Doug Casey of InternationalMan.com. He said US$100 or even US$200 silver is possible, but for him the metal itself isn’t a speculative tool:

                      ‘Is silver at a new high where it’s going to stay there? Yeah, very possibly — not a prediction. But I’m not selling my silver. I mean, why should I sell it? I’m holding it as an asset, not as a speculative device. So is it going to US$100 or US$200? It’s possible. I don’t really care, because … I don’t use either my silver or my gold as speculative vehicles. That’s not what they’re about to me.’

                      Andy Schectman of Miles Franklin made a similar statement, saying that while he’s certainly bullish on silver, 2025 showed how unpredictable it can be:

                      ‘Rather than pick a price, I say we live in a world of probabilities. The probability that we see silver well north of US$100 to me is rather strong. Could it be as high as US$200 or higher? Sure. But to say that would be a guess, and an optimistic guess.

                      ‘But look, if I would have told you last year that we would see silver at US$80, you’d say, ‘You know, well, that’s a pretty big statement, Andy.’ Yeah, sure it is. A 150 percent gain in a year is pretty big. So rather than continue with that, I would just simply say: higher than most people would actually probably think possible.’

                      Bullet briefing — Rio Tinto, Glencore reopen M&A talks

                      Commodities giants Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) and Glencore (LSE:GLEN,OTCPL:GLCNF) say they have restarted talks about potentially combining forces.

                      The two major miners spoke previously back in 2024, but failed to reach an agreement. This time around, they say their preliminary discussions are centered on merging some or all of their businesses, and could include the acquisition of Glencore by Rio Tinto.

                      The news was first reported by the Financial Times, with both companies confirming the story in press releases shortly thereafter. According to the news outlet, the combination would create a massive mining company with an enterprise value of over US$260 billion.

                      Both companies have said there’s no guarantee that any transaction will go through. However, it’s worth noting that Rio Tinto has changed leadership since the 2024 talks ended, with Simon Trott now at the helm. For its part, Glencore has reorganized its coal assets.

                      The Thursday (January 8) Financial Times piece also notes that Gary Nagle, chief executive at Glencore, spoke last month about the importance of size in the mining industry, saying that bigger companies are better able to create synergies, as well as attract talent and capital.

                      Regulations require Rio Tinto to announce its intentions either way by February 5 of this year.

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

                      This post appeared first on investingnews.com

                      Statistics Canada released December jobs figures on Friday (January 9). The data shows that 8,200 new jobs were added during the month, while the unemployment rate rose to 6.8 percent, up 0.3 percentage points from November.

                      The agency attributes the gain to more Canadians actively seeking work. Analysts had expected a decrease of 5,000 jobs and a smaller increase in the unemployment rate to 6.6 percent.

                      Among the highlights of the report was an improvement in the type of labor, as part-time jobs fell by 42,000, while full-time jobs rose by 50,000. The gains bring the total number of jobs added to the Canadian economy since September to 181,000, ending the year with strong momentum after little growth earlier in 2025.

                      The US Bureau of Labor Statistics also released jobs data, indicating that the US economy added 50,000 jobs in December, with an unemployment rate of 4.4 percent, down 0.1 percentage points from November.

                      Excluding 2020 at the start of the COVID-19 pandemic, the 584,000 jobs added in 2025 mark the worst performance for the US jobs market since 2009 at the height of the global financial crisis.

                      On Wednesday (January 7), US President Donald Trump announced on Truth Social that Venezuela would be turning over up to 50 million barrels of oil to the US, worth approximately US$2.8 billion, and it would be sold at market price.

                      Trump wrote that he will control the money made from the sales “to ensure it is used to benefit the people of Venezuela and the United States.” The announcement comes days after US forces executed an operation to capture Venezuelan President Nicolas Maduro and return him to the US to stand trial for drug trafficking and weapons charges.

                      Trump also stated that the US will be overseeing the governance of the South American nation, while eyeing a return for US oil companies, giving the US control of one of the world’s largest oil reserves indefinitely.

                      The actions brought widespread criticism from US allies and foes alike, as the US violated international and domestic laws by working outside traditional mechanisms to carry out the operation, which included bombing strikes on strategic military targets in the country. Due in part to concerns of competition from rising Venezuelan oil production, some Canadian oil stocks fell by as much as 7 percent on Monday (January 5).

                      In mining news, Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) and Glencore (LSE:GLEN,OTCPL:GLCNF) restarted merger discussions this week. The companies previously discussed creating a combined entity in 2024, but talks stalled.

                      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 on the rise this week.

                      The S&P/TSX Composite Index (INDEXTSI:OSPTX) gained 2.51 percent over the week and set a new record to close Friday at 32,612.93; the S&P/TSX Venture Composite Index (INDEXTSI:JX) fared a little better, rising 4.91 percent to 1,052.18. The CSE Composite Index (CSE:CSECOMP) also gained ground, rising 5.17 percent to close at 182.45.

                      The gold price was trading near all-time highs this week following the US incursion into Venezuela. It gained 4.36 percent on the week to reach US$4,506.84 per ounce by Friday at 4:00 p.m. EST. The silver price did even better, trading near an all time high at US$82.54 per ounce on Tuesday (January 6). Although the price pulled back on Wednesday and Thursday (January 8), it rebounded on Friday to end the week up 10.17 percent at US$79.75.

                      In base metals, the Comex copper price climbed to its own record high, reaching US$6.12 per pound on Monday, before pulling back to end the week down 0.67 percent at US$5.91.

                      The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) rose 2.06 percent to end Friday at 559.83.

                      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. Gold Reserve (TSXV:GRZ)

                      Weekly gain: 131.78 percent
                      Market cap: C$662.66 million
                      Share price: C$5.47

                      Gold Reserve is an exploration company that holds a minority share in the Siembra Minera gold and copper project in Venezuela. It is currently in a dispute with the Venezuelan government, which holds a majority stake in the project, claiming that it has deprived Gold Reserve of its rights to the multi-billion dollar mining project.

                      In 2014, the government was ordered to pay over US$700 million to Gold Reserve, but, in a show of good faith, the company agreed to enter into settlement negotiations, ultimately agreeing in 2016 to pay the arbitration award in installments. However, according to Gold Reserve, the government failed to make payments and, by 2021, had shifted to sabotaging negotiations, entering into new deals over the property with rivals, and imprisoning the company’s chief legal and commercial representative. The company states the imprisonment intimidated potential court representatives for the company, and the Supreme Court of Venezuela dismissed Gold Reserve’s appeal for “lack of representation.”

                      More recently, Gold Reserve has pursued legal action in Delaware regarding the forced sale of assets owned by Venezuela’s state-owned oil producer, PDVSA, and CITGO. In its most recent update on the Delaware case Friday, Gold Reserve said that it filed its opening appeal brief with the US Court of Appeals for the Third Circuit in connection with the proposed sale of the oil companies’ assets. Although Gold Reserve was the highest bidder, the District Court approved the sale to Elliott Investment Management and affiliate Amber Energy. Gold Reserve asserts that the order approving the sale violated Delaware requirements that attached shares be sold to the highest bidder.

                      The company believes there are enough concerns to vacate the sale order. It also added that it is reviewing security plans and taking proactive steps to support an eventual safe return to its operations in Venezuela.

                      Shares surged this week following the capture of Venezuela’s Maduro by US forces on January 3.

                      2. Peloton Minerals (CSE:PMC)

                      Weekly gain: 92.86 percent
                      Market cap: C$42.06 million
                      Share price: C$0.27

                      Peleton Minerals is an exploration company focused on its flagship North Elko lithium project in Nevada, US.

                      The property consists of 442 mineral claims covering 37 square kilometers, west of a major discovery made by Surge Battery Metals (TSXV:NILI,OTCQX:NILIF) in 2023. In 2024 and 2025, Peloton carried out several exploration programs at the site, including airborne hyperspectral imaging, a soil geochemistry survey and geological mapping.

                      In November 2025, the company commenced a maiden drill program at the site, saying it planned to target lithium-bearing claystone layers with potential for other critical minerals.

                      The program consisted of four holes, each drilled to a depth of approximately 500 feet. Peloton announced on December 10 that the program was complete and confirmed near-surface clay layers. The company had submitted samples for multi-element analysis, with results not expected until the end of January 2026.

                      Shares in the company gained this week, but it has not released news since December 31, when it reported the closing of the third and final tranche of its non-brokered private placement. The three fundraising rounds raised C$1.17 million in total and proceeds will fund lithium exploration in Northern Nevada and working capital.

                      3. Decade Resources (TSXV:DEC)

                      Weekly gain: 77.78 percent
                      Market cap: C$13.84 million
                      Share price: C$0.08

                      Decade Resources is focused on advancing a portfolio of properties in the Golden Triangle region of BC, Canada.

                      Among its interests is a 55 percent stake in the Del Norte property located near Stewart, BC. The company acquired its share in the property from Teuton Resources (TSXV:TUO,OTCQB:TEUTF) via a January 2020 option deal.

                      Since that time, the company has executed the required C$4 million in exploration expenditures at Del Norte, and is now looking toward earning an additional 20 percent stake by bringing the property to commercial production.

                      Drilling at the site in 2024 led to the discovery of a new zone with assays of 6.59 grams per metric ton (g/t) gold and 946 g/t silver over 1 meter, located below the Kosciuszko zone.

                      The most recent update came on Tuesday, when Decade provided an overview of the property and laid out its exploration plans for 2026. The work would focus on several areas, including one 800 meters southwest of the Eagle’s Nest zone where a historic float sample returned values of 4,232.2 g/t silver and 13.59 g/t gold in 1994. Targets also include the 2024 discovery, and along strike from the Kosciuszko and Eagle’s Nest zones.

                      4. SouthGobi Resources (TSX:SGQ)

                      Weekly gain: 68.89 percent
                      Market cap: C$99.39 million
                      Share price: C$0.38

                      SouthGobi is a coal mining company with assets located in Southern Mongolia near the border with China.

                      Its flagship operation is the Ovoot Tolgoi coal mine, which consists of the Sunrise and Sunset pits and has been producing since 2008. SouthGobi holds permits to mine until 2037. The company also owns two additional properties in the region. The Soumber deposit is located 20 kilometers east of the Ovoot Tolgoi mine, meaning that any potential mining of Soumber could share Ovoot Tolgoi’s infrastructure. Its last property is the Zag Suuj deposit, located 150 kilometers east of Ovoot Tolgoi and 80 kilometers from the Mongolia-China Border.

                      The company has not released any news this past week.

                      5. Regency Silver (TSXV:RSMX)

                      Weekly gain: 65.38 percent
                      Market cap: C$19.16 million
                      Share price: C$0.215

                      Regency Silver is an exploration company focused on its Dios Padre precious metals and copper property in Sonora, Mexico. The site comprises three concessions covering a total area of 728 hectares and was acquired through a 2017 earn-in agreement with Minera Pena Blanca. It hosts the historic Dios Padre silver mine.

                      A March 2023 technical report outlines an inferred resource of 1.38 million metric tons of ore containing 10.15 million ounces of silver with an average grade of 228 g/t, plus 14,294 ounces of gold with an average grade of 0.32 g/t.

                      The most recent update from the project came on Thursday, when Regency announced a 225 meter step-out extension from the previous drilling. The company said it encountered sulfide-specularite supported breccia across a broad, non-continuous interval of 240 meters. While it has not received analytical results, it compared the breccia to that found in multiple other holes at the site, including one in which a 35.8 meter intersection returned grades of 6.84 g/t gold, 0.88 percent copper and 21.82 g/t silver. The news coincides with near-record-high gold and silver prices.

                      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 May 2025, there were 1,565 companies listed on the TSXV, 910 of which were mining companies. Comparatively, the TSX was home to 1,899 companies, with 181 of those being mining companies.

                      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.

                      Top 5 Canadian Mining Stocks This Week: St. Augustine Rises 67 Percent on Private Placement

                      Top 5 Canadian Mining Stocks This Week: St. Augustine Rises 67 Percent on Private Placement

                      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

                      Japan will begin testing deep-sea mining for rare earth elements this month, moving into uncharted territory as supply security concerns intensify amid China’s tightening grip on critical minerals.

                      The government-backed trial, scheduled to run from January 11 to February 14, will take place in waters around Minamitori Island, roughly 1,900 kilometers southeast of Tokyo.

                      The test is designed to evaluate equipment capable of retrieving up to 350 metric tons of sediment per day while simultaneously monitoring environmental impacts both on the seabed and aboard the vessel.

                      According to a December Reuters report, Japanese officials say a larger-scale trial could follow next year if the initial phase proves successful.

                      Tokyo’s push into deep-sea mining comes as concerns grow over its exposure to Chinese export controls. China dominates the rare earth supply chain, accounting for about 70 percent of global production and more than 90 percent of refining capacity, according to Japanese government estimates.

                      Despite years of diversification efforts, Japan still sources around 60 percent of its rare-earth imports from China and remains almost entirely dependent on Beijing for certain heavy rare earths.

                      Those vulnerabilities have become more acute as China signals a tougher stance on exports.

                      Earlier this week, Beijing announced restrictions on the overseas sale of so-called “dual-use” items with potential military applications, a category analysts say could be interpreted broadly enough to encompass some rare earth materials.

                      The announcement revived memories of 2010, when China quietly halted rare-earth shipments to Japan during a territorial dispute, disrupting manufacturing and forcing Tokyo to reassess its supply risks.

                      Japanese government estimates suggest the economic fallout from another disruption could be severe. A three-month interruption in rare-earth supplies could cost domestic companies more than US$4 billion, while a year-long halt could shave nearly 0.5 percent off annual GDP.

                      Japan is also exploring potential cooperation with the US in the waters around Minamitori Island as part of a broader effort to build more resilient supply chains for rare earths and other critical minerals.

                      The two countries have already committed last year to collaborate on mining, processing, and supply chain development.

                      Beyond the current trial, Japan is also laying plans to build a dedicated processing facility on Minamitorishima by 2027 as part of its Strategic Innovation Promotion Program (SIP).

                      The facility would handle mud recovered from the seabed and form part of an end-to-end domestic supply chain for marine-based rare earths. A full-scale demonstration is scheduled for February 2027 to test the facility’s ability to recover up to 350 metric tons of rare-earth mud per day.

                      “We will ultimately demonstrate the entire process of extracting rare-earth elements from mud and then assess its economic viability,” Shoichi Ishii, program director at the Strategic Innovation Promotion Program, told Nikkei Asia.

                      Marine scientists and environmental groups, however, continue to warn that deep-sea mining could cause long-lasting damage to ecosystems that remain poorly understood.

                      Despite those calls, a growing number of countries are pressing ahead with exploratory projects as competition for critical minerals intensifies.

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

                      This post appeared first on investingnews.com