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January 2026

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Bitcoin treasury firm K33 has announced the launch of its crypto-backed loan products. This will allow eligible clients to be able to borrow USDC with their BTC holdings without having to sell. K33 Expands Bitcoin Treasury Strategy With New Loan Product In a press release by the company, they shared that they would now be

The post Bitcoin Treasury Firm K33 Rolls Out Crypto-Backed Loans for BTC Investors appeared first on CoinGape.

Ethiopia’s Prime Minister has revealed plans to mine Bitcoin and other crypto assets with clean energy. This move makes the country join other nations that use sovereign wealth funds for Bitcoin mining, boosting crypto adoption. Ethiopia Will Start Bitcoin and Crypto Mining Ethiopia plans a more active approach in the government-sponsored crypto and Bitcoin mining,

The post Just-In: Ethiopia’s Prime Minister Announces Bitcoin and Crypto Mining Plans appeared first on CoinGape.

The CLARITY Act discussion intensified after Coinbase CEO Brian Armstrong denied reports that the White House threatened to drop support. He said the administration has remained constructive and engaged.  Armstrong Denies Claim Regarding CLARITY Act Armstrong wrote in an X post, addressing journalist Eleanor Terrett, that her assertion was not true. The crypto journalist had

The post CLARITY Act Update: Coinbase CEO Rebuts Claims White House Threatened to Drop Support appeared first on CoinGape.

Bitcoin, Ethereum, and XRP price movements show potential for fresh highs if the long-awaited Clarity Act passes this year. The crypto market has gained a bullish trend over the past week despite slight consolidation over the past 24-hours. Bitcoin remains above $95,000, Ether holds above $3,300, and XRP trades past $2.05. As the optimism on

The post Will Bitcoin, Ethereum, and XRP Prices Hit New Highs If the Clarity Act Is Approved This Year? appeared first on CoinGape.

Venmo Credit Cards has entered the growing financial services industry. With the growing popularity of cryptocurrencies, there are numerous crypto credit cards that offer a variety of crypto rewards and cashbacks. Crypto credit cards are competing with traditional credit cards and creating a buzz around them. In this article, we’ll look at the Venmo credit

The post Venmo Card Review 2026 – Best for Travel Perks & Rewards appeared first on CoinGape.

As each crypto week unfolds, new developments shape the path of cryptocurrencies, notably Bitcoin, which moved sideways on January 18th. Trading volumes have declined from the prior week, yet looming macro events are set to steer the next major shift in the market. Key Crypto Events That May Drive Volatility This Week As liquidity dries

The post Why This Might Be The Most Volatile Crypto Week of 2026? Key Events to Watch Out appeared first on CoinGape.

COIN stock gained attention after analyst Paper Bozz posted a bullish technical view on X. The setup appeared as Coinbase CEO Brian Armstrong rejected a Senate Banking draft crypto market structure bill, calling key parts of it flawed. The combination pulled both traders and policy watchers back to the stock. COIN Stock Outlook Firms as

The post Expert Predicts $300 for Coinbase Stock as CEO Warns Crypto Bill Has Structural Flaws appeared first on CoinGape.

Investment Insight

Harvest Gold offers investors a compelling opportunity to participate in early-stage exploration within Quebec’s prolific Abitibi Greenstone Belt – home to some of Canada’s richest gold deposits – through three strategically located and 100 percent owned properties, with a flagship asset positioned for significant discovery upside.

Overview

Harvest Gold (TSXV:HVG)is a Canadian junior exploration company advancing a portfolio of three 100 percent owned gold projects – Mosseau, Urban Barry and LaBelle – located within Quebec’s world-renowned Abitibi Greenstone Belt. With more than 200 million ounces of historical gold production, the Abitibi is one of the most productive gold regions globally. Harvest Gold’s properties are strategically positioned within and adjacent to the Urban Barry Greenstone Belt, an emerging gold camp that has attracted sustained interest from major mining companies.

The Urban Barry Belt hosts several high-grade, multi-million-ounce deposits, including the Windfall deposit, developed by Osisko Mining and now owned by Gold Fields, as well as Bonterra’s Gladiator and Barry deposits. As consolidation by major producers continues across the belt, Harvest Gold controls three of the few remaining independent, district-scale land packages. With excellent road access, nearby infrastructure and newly exposed bedrock from recent forest fires, the company’s properties offer exceptional discovery potential.

Harvest Gold’s strategy is underpinned by a highly experienced management and technical team. CEO Rick Mark brings over 30 years of leadership in public resource companies, having guided his 2000’s group of four companies to peak valuations of approximately C$200 million. The technical team includes Louis Martin, a two-time AEMQ “Discovery of the Year” award winner, and Warren Bates, former VP exploration at Pelangio Exploration and part of the Blackwater discovery team. Together, the team brings deep expertise in structural geology, Abitibi-focused exploration, and discovery-driven value creation.

The company is supported by Crescat Capital, a respected institutional investor with a strong record of backing early-stage discoveries. Crescat’s involvement reflects the endorsement of its strategic advisor, Dr. Quinton Hennigh, who has highlighted the district-scale opportunity created by Harvest Gold’s land position along the Wilson Pluton–volcanic contact.

Company Highlights

  • Flagship Mousseau Project: Large-scale, advanced-stage exploration property with multiple confirmed gold-bearing shear zones.
  • Tier-one address: All projects located in Quebec’s Urban Barry Greenstone Belt where Gold Fields recently acquired Osisko Mining’s world-class Windfall deposit and much of the rest of the Urban Barry belt.
  • Institutional Backing: Crescat Capital, with renowned exploration geologist Dr. Quinton Hennigh, owns 19+ percent of Harvest Gold.
  • Skilled Technical Team: Leadership includes seasoned geologists and executives with proven discovery and development track records.
  • Favourable Jurisdiction: Operates in Quebec, a politically stable, mining-friendly province with excellent infrastructure and low exploration costs.
  • Strategic Timing: Harvest Gold has commenced its maiden drill program at Mosseau during a period of historically strong gold prices.

Key Projects

Mousseau Gold Project

The Mosseau Gold Project is Harvest Gold’s flagship asset, comprising approximately 195 claims covering about 9,740 hectares in the northern Abitibi Greenstone Belt of Quebec. Located roughly 15 kilometres east of Lebel-sur-Quévillon, the project benefits from year-round road access and established regional infrastructure. The property is bordered to the north by Gold Fields and Cartier Resources and lies near a large claim block staked by noted prospector Shawn Ryan, placing Mosseau within an active and highly prospective exploration corridor.

Geologically, Mosseau straddles two major structural corridors: the Morono Shear Zone and the Kiask River Fault Zone. These structures host classic shear-related gold mineralization, characterized by multiple stacked quartz–sericite shear zones ranging from less than one metre to more than 30 metres in width, with demonstrated continuity along strike and at depth. To date, 49 significant surface gold showings have been identified, along with a historical, non–NI 43-101 compliant gold resource at the Morono Zone.

In 2024, Harvest Gold completed a high-resolution airborne magnetic survey over the entire Mosseau property. This modern dataset identified previously unrecognized structures and magnetic domains, significantly refining drill targeting. Follow-up mapping, prospecting, and soil geochemistry—greatly enhanced by new bedrock exposure from the 2023 forest fires—outlined multiple high-priority targets along both the Morono and Kiask River structural corridors.

In 2025, Harvest Gold commenced its maiden diamond drill program at Mosseau, targeting priority zones in the Northern and Central areas of the property. Results from the first six drill holes confirmed the discovery of a new, previously untested mineralized horizon approximately 100 metres east of the Trench 1B showing. This newly identified horizon is associated with a moderate induced polarization anomaly that can be traced for approximately 600 metres along strike and remains open.

Recent drilling highlights include:

  • 1.90 g/t gold over 5.4 metres, including 8.67 g/t gold over 0.6 metres
  • 1.10 g/t gold over 6.0 metres, including 2.02 g/t gold over 1.5 metres
  • Higher-grade gold associated with semi-massive sulphides containing elevated silver and base metals (copper, zinc, lead)

Fourteen drill holes totaling 3,030 metres have now been completed, representing approximately 60 percent of the planned 5,000-metre program. Drilling is ongoing, with results continuing to demonstrate the scale, continuity, and polymetallic character of the Mosseau system.

With its district-scale footprint, proven gold endowment, improving geological model, and active drilling success, the Mosseau Project is well positioned to evolve into a significant discovery with strong potential to attract strategic partners or acquirers.

Urban Barry Property

Acquired from EGR Exploration, the Urban Barry property comprises 6,879 hectares located west of the Osisko/Gold Fields Windfall property. The project spans 20 km of favorable strike length and sits along the southern margin of the Urban Barry Greenstone Belt.

Key advantages:

  • Analogous geological setting to Windfall and Gladiator
  • Road-accessible with mapped deformation zones and quartz-vein hosted gold indicators
  • 2024 magnetic surveys and fieldwork completed; drilling strategy is in development

LaBelle Project

Staked in 2024, LaBelle covers 3,394 hectares and represents a 9 km southeast extension of the Kiask River Fault. It mirrors the geological setting of Mousseau, with similar NW-SE oriented shear zones and structural contacts between the Wilson Pluton and volcanic sequences.

Though early-stage, LaBelle offers:

  • District-scale exploration potential
  • Proximity to Harvest’s other assets for operational synergy
  • Favorable structural and lithological environment

Management Team

Rick Mark – President, CEO and Chair

With more than 40 years of leadership in public resource companies, Rick Mark previously helmed VMS Ventures, North American Nickel and Pancontinental Uranium, each achieving peak valuations of C$200 million.

Louis Martin – Senior Technical Advisor, Quebec Exploration

A Quebec-focused geological consultant with more than 40 years of experience, Louis Martin is the former VP of exploration at Clifton Star Mining, where he led the team developing the Duparquet deposit. He is a multiple-time recipient of the AEMQ “Discovery of the Year” award.

Pat Donnelly – Independent Director

Recently VP capital markets at Tutor Gold, Pat Donnelly is a former co-founder and president of First Mining Gold, where he executed eight M&A deals growing the company’s market cap from $30 million to $600 million.

Len Brownlie – Independent Director

Len Brownlie brings more than 30 years of executive leadership in mining exploration. He is the former president of Goldrush Resources and director of First Silver Reserve.

Christopher Cherry – CFO and Director

Christopher Cherry has more than 15 years of experience in corporate accounting and audit for public companies. He oversees Harvest Gold’s financial strategy and compliance.

Ed Zablotny – Independent Director

Ed Zablotny boasts over 35 years in venture capital markets with expertise in trading, credit and regulatory compliance.

Warren Bates – Geological Team

Warren Bates is a veteran geologist with 30+ years in gold and base metals exploration. He is the former VP of exploration at Pelangio Exploration and part of the Blackwater deposit discovery team.

Henry Awmack – Geological Team

Henry Awmack is the co-founder of Equity Exploration Consultants, with over 40 years of exploration experience. He was notably involved in early work on the Cobre Panama copper-gold deposit.

Neil Richardson – Geological Team

Neil Richardson is a geological consultant and the VP Explorations for Hudbay Minerals. He led the team behind the discovery and development of the Reed Mine while at VMS Ventures.

This post appeared first on investingnews.com

Saga Metals Corp. (‘SAGA’ or the ‘Company’) (TSXV: SAGA,OTC:SAGMF) (OTCQB: SAGMF) (FSE: 20H), a North American exploration company focused on critical mineral discovery, is pleased to announce the assay results for two (2) additional diamond drill holes (R-0010 and R-0011) from the Company’s Q4 2025 Phase of the Mineral Resource Estimate (MRE) drill program in Trapper North at the Radar Ti-V-Fe Project, located near the port of Cartwright in Labrador, Canada.

Trapper North Assay Highlights

  • Analytical results have now been obtained for all four (4) diamond drill holes in Trapper North Zone and constitute four (4) of eight (8) drill holes completed during the Q4 2025 Phase of the MRE drill program.
  • Analytical results to-date include numerous oxide-rich intercepts, including:
    • R-0010: 135.50 m grading 50.03% Fe₂O₃, 7.87% TiO₂, and 0.352% V₂O₅.
    • R-0011: 95.15 m grading 39.49% Fe₂O₃, 6.49% TiO₂, and 0.220% V₂O₅.
    • R-0009: 87.20 m grading 50.67% Fe₂O₃, 10.15% TiO₂, 0.339% V₂O₅
    • R-0008: 67.60 m grading 46.15% Fe₂O₃, 9.21% TiO₂, 0.311% V₂O₅
  • TiO₂ strength:
    • 42.6% of samples > 7% TiO₂ (700 samples majority of which are 2 m)
  • V₂O₅ strength:
    • 53.7% of samples > 0.2% V₂O₅ (700 samples majority of which are 2 m)
  • Continued consistency and increase in overall oxide concentration in Trapper Vs Hawkeye.

Assay Results from R-0010 and R-0011

  • Hole R-0010 (collared at the same location as R-0009 but oriented at 0° azimuth for true width assessment): Intercepted 135.5 meters (from 1.5 m to 137 m) grading 50.028% Fe₂O₃, 7.872% TiO₂, and 0.352% V₂O₅.
  • Hole R-0011 (100-meter step-out along strike from R-0009 and R-0010): Intercepted 95.15 meters (from 58.1 m to 153 m) grading 39.49% Fe₂O₃, 6.49% TiO₂, and 0.22% V₂O₅. Additionally, this hole also encountered a 22-meter interval of rhythmically banded oxide, suggesting more persistent layering occurs away from the concentrated mass in the fold nose.

For comparison with the rest of Trapper North, the following table summarizes key intercepts from all four drill holes completed in Q4 2025.

Description DDH FROM TO Length Fe2O3 TiO2 V205
  ID m m m % % %
High V2O5 Layer R-0008 37.76 117.72 79.96 45.63 8.40 0.33
High TiO2 Layer R-0008 170 237.6 68.26 46.15 9.21 0.31
TiO2 Layer R-0008 237.6 266.57 28.98 40.45 7.02 0.29
High TiO2 Layer R-0009 2.53 66 63.47 44.26 9.02 0.25
High V2O5 Layer (A) R-0009 94 181.2 87.20 50.67 10.15 0.34
High V2O5 Layer (B) R-0009 196.11 216.4 20.29 49.12 8.67 0.37
North Fold Section R-0010 1.5 137 135.5 50.03 7.87 0.35
North Fold Section R-0011 58.1 153.3 95.15 39.49 6.49 0.22

Table 1: Assay results and composites of R-0008, -0009, -0010 and -0011 from Trapper North.

Michael Garagan, CGO & Director of Saga Metals, commented: ‘The successful assay results from all four drill holes at Trapper North mark a significant milestone for the Radar Project. These latest intercepts from R-0010 and R-0011 confirm the continuity of high-grade mineralization along the northern limb. This structurally related increase in thickness boosts Trapper as a standout zone with tremendous potential for titanium, vanadium, and iron mineral resources, advancing our goal of establishing a strategic North American supply of critical minerals.’

Figure 1-3 below outline all four drill holes in Trapper North with the corresponding intercepts at different viewing angles for a complete, accurate picture of the subsurface geometry:

Figure 1: Cross-Section BB looking West showing R-0008, -0009, and -0010 highlighting high-grade intercepts with the 3D Magnetic Inversion of the 2025 Trapper Zone ground magnetic survey. For the full set of R-0008 & R-0009 assays see Figure 3 cross-section N-11.

Figure 2: Cross-Section AA looking West showing R-0008, -0009, and -0011 highlighting high-grade intercepts with the 3D Magnetic Inversion of the 2025 Trapper Zone ground magnetic survey. For the full set of R-0008 & R-0009 assays see Figure 3 cross-section N-11.

Figure 3: Cross-Section N-11 looking Northwest showing R-0008, -0009, -0010 and -0011 highlighting high-grade intercepts in holes R-0008 & -0009 with the 3D Magnetic Inversion of the 2025 Trapper Zone ground magnetic survey. For the assays of R-0010 & R-0011 see Figures 1 & 2 Sections BB & AA.

Trapper North Drill Hole Details and Geological Insights

Hole R-0010 was collared at the same location as R-0009 but re-oriented to a 0-degree azimuth (compared to the standard 38 degrees) in order to test the northern limb of the Trapper North Fold. Both holes maintained a -45-degree dip. This allowed the team to drill directly through the anomaly and oxide layering at an optimal angle, enabling precise correlation of structural data between R-0009 and R-0010 while clearly defining the northern contact and limits of the oxide layer.

Hole R-0011, drilled as a 100-meter step-out along strike from R-0009 and R-0010, successfully tracked the continuation of the semi-massive oxide layer that is particularly abundant through the nose of the fold. Notably, it also intercepted a 22-meter interval of rhythmically banded oxide. This zone provides an outstanding window into the deposit, featuring exceptionally high VTM content.

Additionally, deeper oxide layering in R-0011, appeared to shallow toward the northeast—an intriguing observation that could indicate a potential at-depth connection between the Trapper and Hawkeye zones, further supporting the theory that this section of the property is one large lopolith. While this remains theoretical at present, the team intends to test the concept with future drilling once additional data increases confidence in its likelihood.

Mineral Resource Estimate Focus

The drilling in Q4 2025 at Trapper North forms part of the Company’s broader strategy to advance toward a maiden Mineral Resource Estimate for the Radar Project. The economic target is the large, continuous sections of oxide mineralization (semi-massive to massive VTM and ilmenite layers) that demonstrate consistent and exceptional grades in titanium, vanadium, and iron—critical minerals for North American supply security needed in defense, aerospace, renewable energy, and steel production.

Drilling these extensive oxide zones provides essential data on grade, thickness, continuity, and geometry, enabling the definition of a robust resource. The exceptional results from Trapper North validate the priority of targeting these enriched structural features. The rhythmic banding seen in drill hole R-0011 and in Trapper South to-date adds to the overall consistency and exceptional mineralization across the entire Trapper Zone. These elements inform the ongoing 2026 drill campaign, designed to systematically grid and delineate these zones across the Trapper Zone for increased resource confidence.

Next Steps at the Radar Ti-V-Fe Project

Personnel are expected to arrive in Cartwright, Labrador, today, and drilling will commence shortly thereafter.

The initial focus for the 2026 Radar Project drill program will be in the southern section of the Trapper Zone, also known as ‘Trapper South.’ SAGA’s geological team and Gladiator’s drill crews will take advantage of the extensive trail network created in the summer of 2025, allowing for an easy traverse for snowmobiles and the excavator used to move the drill. Drilling will begin at the southeastern extent of Trapper South, targeting approximately 30 holes (7,500 m). The program will then advance hole by hole back toward Trapper North, positioning the team to complete the remainder of the MRE drill campaign by spring.

Figure 4: Trapper Zone map outlining location of the initial 2026 focus for remainder of the MRE drill program to be completed in 2026  showing the TMI of the 2025 Trapper Zone ground magnetic survey Drilling will commence in Trapper Zone and move to Trapper North.

About Radar Property

The Radar Property spans 24,175 hectares and hosts the entire Dykes River intrusive complex (~160 km²), a unique position among Western explorers. Geological mapping, geophysics, and trenching have already confirmed oxide layering across more than 20 km of strike length, with mineralization open for expansion.

Figure 5: Radar Property map, depicting magnetic anomalies, oxide layering and the site of the 2025 drill programs. The Property is well serviced by road access and is conveniently located near the town of Cartwright, Labrador. A compilation of historical aeromagnetic anomalies is overlaid by ground-based geophysics, as shown.

Vanadiferous titanomagnetite (‘VTM’) mineralization at Radar is comparable to global Fe–Ti–V systems such as Panzhihua (China), Bushveld (South Africa), and Tellnes (Norway), positioning the Project as a potential strategic future supplier of titanium, vanadium, and iron to North American markets.

Figure 6: Radar Project’s prospective oxide layering zone validated over ~16 km strike length through Fall 2025 drilling, as shown on a compilation of historical airborne geophysics as well as ground-based geophysics in the Hawkeye and Trapper zones completed by SAGA in the 2024/2025 field programs. SAGA has demonstrated the reliability of the regional airborne magnetic surveys after ground-truthing and drilling in the 2024 and 2025 field programs.

Qualified Person

Paul J. McGuigan, P. Geo., is an Independent Qualified Person as defined under National Instrument 43-101 and has reviewed and approved the technical information disclosed in this news release.

Technical Information

Samples were cut by Company personnel at SAGA’s core facility in Cartwright, Labrador. Diamond drill core was sawed and then sampled intervals. The drill hole core diameter utilized was NQ.

Core samples have been prepared and analyzed at the Impact Global Solutions (IGS) laboratory facility in Montreal, Quebec. Blanks, duplicates, and certified reference standards are inserted into the sample stream to monitor laboratory performance. Crush rejects, and pulps are kept and stored in a secure storage facility for future assay verification. The Company utilizes a rigorous, industry-standard QA/QC program.

About Saga Metals Corp.

Saga Metals Corp. is a North American mining company focused on the exploration and discovery of a diversified suite of critical minerals that support the North American transition to supply security. The Radar Ti-V-Fe Project comprises 24,175 hectares and entirely encloses the Dykes River intrusive complex, mapped at 160 km² on the surface near Cartwright, Labrador. Exploration to date, including 4,250 m of drilling, has confirmed a large, mineralized layered mafic intrusion hosting vanadiferous titanomagnetite (VTM) and ilmenite mineralization with strong grades of titanium and vanadium.

The Double Mer Uranium Project, also in Labrador, covers 25,600 hectares and features uranium radiometrics that highlight an 18km east-west trend, with a confirmed 14km section producing samples as high as 0.428% U3O8. Uranium uranophane was identified in several areas of highest radiometric response (2024 Double Mer Technical Report).

Additionally, SAGA owns the Legacy Lithium Property in Quebec’s Eeyou Istchee James Bay region. This project, developed in partnership with Rio Tinto, has been expanded through the acquisition of the Amirault Lithium Project. Together, these properties cover 65,849 hectares and share significant geological continuity with other major players in the area, including Rio Tinto, Winsome Resources, Azimut Exploration, and Loyal Metals.

With a portfolio spanning key commodities critical to the clean energy future, SAGA is strategically positioned to play an essential role in critical mineral security.

On Behalf of the Board of Directors

Mike Stier, Chief Executive Officer

For more information, contact:

Rob Guzman, Investor Relations
Saga Metals Corp.
Tel: +1 (844) 724-2638
Email: rob@sagametals.com
www.sagametals.com

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Disclaimer
This news release contains forward-looking statements within the meaning of applicable securities laws that are not historical facts. Forward-looking statements are often identified by terms such as ‘will’, ‘may’, ‘should’, ‘anticipates’, ‘expects’, ‘believes’, and similar expressions or the negative of these words or other comparable terminology. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. In particular, this news release contains forward-looking information pertaining to the Company’s Radar Project. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, environmental risks, limitations on insurance coverage, inherent risks and uncertainties involved in the mineral exploration and development industry, particularly given the early-stage nature of the Company’s assets, and the risks detailed in the Company’s continuous disclosure filings with securities regulations from time to time, available under its SEDAR+ profile at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will update or revise publicly any of the included forward-looking statements only as expressly required by applicable law.

A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/9fbcc9ec-44a3-43f1-a7d7-7dbec24f1040
https://www.globenewswire.com/NewsRoom/AttachmentNg/00fad501-cc58-48c0-b7aa-a89459811cc2
https://www.globenewswire.com/NewsRoom/AttachmentNg/ae31ec17-733a-47f6-a9fd-6a2248f91f77
https://www.globenewswire.com/NewsRoom/AttachmentNg/0c36b8a7-5fc7-4ec2-9c73-d8ca9e544560
https://www.globenewswire.com/NewsRoom/AttachmentNg/fa283bb3-a0d0-44b9-a334-319bd3d1fcc5
https://www.globenewswire.com/NewsRoom/AttachmentNg/7ee3ee38-298e-44ac-b8db-1fda53783226

News Provided by GlobeNewswire via QuoteMedia

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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 experienced sharp swings this week, starting on relatively firm footing before a broad selloff midway through the period gave way to a late rebound in semiconductor companies.

    A Sunday (January 11) statement from US Federal Reserve Chair Jerome Powell put pressure on US stocks ahead of Monday’s (January 12) open, with ‘sell America’ sentiment prevalent among investors. Powell’s comments centered on a Department of Justice criminal probe into his testimony about Fed building renovations.

    Financial and payment companies, including major credit card issuers, also sold off at that time following political pressure for a cap on credit card interest rates. However, the overall reaction was muted during Monday’s trading session, with some early dips recovering fully, and indexes closing at record highs.

    Rotation continued to be a major theme this week, with money moving out of some mega-cap tech names and into chip stocks, small-cap companies and resource plays. Intel (NASDAQ:INTC) and Advanced Micro Devices (AMD) (NASDAQ:AMD) rallied early on after being upgraded to “overweight” by KeyBanc Capital Markets on Tuesday (January 13). Citigroup (NYSE:C) also lifted its Intel rating to “neutral” from “sell.”

    Wednesday (January 14) brought heavy selling in tech stocks, with high-flying growth names seeing losses; however, Google’s (NASDAQ:GOOGL) and Apple’s (NASDAQ:AAPL) losses were comparatively mild.

    Chipmakers were the bright spot, with the real catalyst coming on Thursday (January 15) after Taiwan Semiconductor Manufacturing Company’s (NYSE:TSM) blowout quarterly results triggered a rally across chipmakers and chip equipment stocks, including Micron Technology (NASDAQ:MU), Broadcom (NASDAQ:AVGO), Qualcomm (NASDAQ:QCOM), AMD and ASML Holding (NASDAQ:ASML), which hit a US$500 billion market cap on Thursday.

    This performance helped stabilize the broader tech space, although caution lingered.

    3 tech stocks moving markets this week

    1. Taiwan Semiconductor Manufacturing Company (NYSE:TSM)

    As mentioned, Taiwan Semiconductor reported blowout Q4 results and upbeat guidance on Thursday, fueled by relentless artificial intelligence (AI) demand. Revenue jumped 36 percent year-on-year, with management projecting 20 to 25 percent growth in 2026. Shares climbed 5.8 percent on the week.

    2. Applied Materials (NASDAQ:AMAT)

    Applied Materials gained 8.56 percent amid the broader semiconductor equipment surge.

    The company’s high-bandwidth memory revenues hit US$1.5 billion in its 2025 fiscal year. This new growth engine is tied directly to NVIDIA’s (NASDAQ:NVDA) GPU roadmap.

    3. KLA (NASDAQ:KLAC)

    KLA, a key supplier of process control equipment to chip fabricators, rode the Taiwan Semiconductor tailwind, rising 11.99 percent for the week as investors bet on sustained CAPEX from foundries.

    Taiwan Semiconductor, Applied Materials and KLA performance, January 12 to 16, 2025.

    Chart via Google Finance.

    Top tech news of the week

                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 5.04 percent, while the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) saw a gain of 4.89 percent.

                The VanEck Semiconductor ETF (NASDAQ:SMH) also increased by 3.76 percent.

                Tech news to watch next week

                Next week brings a packed slate of catalysts that could shape tech sentiment.

                Intel is set to report its Q4 earnings on January 22. Recent upgrades have the stock at 52 week highs, but investors will probe foundry progress and AI revenue traction for proof of a sustained turnaround.

                Davos starts on January 19, with AI and energy infrastructure front and center. Global leaders and tech executives will tackle data center power crunches and supply chain frictions, with potential hints on tariff policies.

                The US Supreme Court is due to deliver rulings on the morning of January 21, including challenges to Trump’s global tariffs, while the House Financial Services Committee will hold a markup on the Financial Innovation and Technology for the 21st Century Act (FIT21), with a floor vote possible soon.

                Key economic releases include retail sales on January 20, flash purchasing managers’ indexes and jobless claims on January 22 and existing home sales on January 23. These will test the soft landing narrative.

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

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