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Tulsi Gabbard doesn’t currently have enough votes to advance out of the Senate Select Committee on Intelligence, Fox News Digital has learned. 

The former Democrat representative’s nomination to be director of national intelligence (DNI) under President Donald Trump is in danger as she lacks enough Republican support on the committee, sources confirmed.

Before heading to the Senate floor for a confirmation vote, Trump’s picks all have hearings and their nominations are voted on at the committee level. Gabbard’s confirmation hearing will take place at 10 a.m. Thursday.

So far, no Trump nominees have failed to advance out of their respective committees. 

A senior Intel Committee aide confirmed to Fox News Digital that Gabbard does not currently have a majority of its members’ votes, which are necessary to move to the full Senate. 

According to the source, half of the Republicans on the coveted committee are not sold on Trump’s DNI pick. 

A Senate source familiar told Fox News Digital, ‘Some members are undecided.’

‘Not true that [they] are NOs,’ they clarified. 

The source confirmed that the undecided senators in question are Republicans. 

A spokesperson for Gabbard told Fox News Digital in a statement, ‘Anonymous sources are going to continue to lie and smear to try and take down the President’s nominees and subvert the will of the American people and the media is playing a role in publishing these lies. That doesn’t change the fact that Lt. Col. Gabbard is immensely qualified for this role and we look forward to her hearing.’

The senior committee aide shared that the reasons for GOP uncertainty include her previous Section 702 stance, her past meeting with former Syrian President Bashar al-Assad and her past defense of Edward Snowden.

‘It’s about judgment,’ they said. 

Gabbard will likely need every Republican vote to move past the committee, assuming Democrats will vote against her. 

Sen. Tom Cotton, R-Ark., serves as chair of the committee alongside other Republican members Jim Risch of Idaho, Susan Collins of Maine, John Cornyn of Texas, Jerry Moran of Kansas, James Lankford of Oklahoma, Mike Rounds of South Dakota and Todd Young of Indiana.

Lankford recently came out in support of Gabbard after she reversed her position on a controversial intelligence gathering tool known as Section 702 of the Foreign Intelligence Surveillance Act.

Neither the White House nor Cotton’s office provided comments to Fox News Digital in time for publication. 

Fox News Digital reached out to multiple Republican Senate offices for comment. 

As Gabbard’s confirmation fate hangs in the balance, there is reportedly a push by some Trump-aligned Republican senators to waive the committee’s rules in order to open the vote on Gabbard’s nomination, as Politico reported. This would mean each senator’s vote is accessible to the public. 

The Intel Committee’s rules stipulate that the vote is conducted in a closed meeting and a tally is released afterward. The vote is expected to go forward in a closed manner, in accordance with the rules.

This post appeared first on FOX NEWS

Six months ago Francisco Fortín was attacked by gangs wielding machetes in his home country of Honduras, he said, an act of violence that cemented a decision to quit his impoverished and trouble-plagued homeland.

Last Sunday, with wounds on his chest, leg and back healing, he and his partner Annie finally left and crossed into Guatemala. They had wanted to go to the United States to work. But now, things have changed.

The couple reached Guatemala City on Tuesday. They said they have no money left and so will walk towards the border with Mexico, staying at shelters along the way — an estimated 11-day trek.

Asked if their final destination of the US was off the table, Fortín replied: “The destination is wherever we can work.”

‘Trump has arrived’

Father Francisco Pellizzari has seen the atmosphere change at the Casa del Migrante shelter he runs in the Guatemalan capital.

“A lot of people now, they are scared, they are very scared of the situation,” he said. “For now, they stop” trying to reach the United States.

The families may have left home months ago, they may have walked hundreds of miles, survived the Darién Gap route, and been robbed or attacked by gangs or cartels. The thought of facing more danger through Mexico and then having no chance of entering the US – now that the border is essentially closed – is too much risk to bear.

People make their way through Guatemala City on Tuesday.

Jean Claude Silva Fuenmayor, a 23-year-old from Venezuela, who had spent a year in Mexico City waiting to get an appointment with a US immigration officer through the now-defunct CBP One app, was clear on what had changed.

“Trump has arrived,” he said, as he ate a breakfast of tamales and a hard-boiled egg offered by the Casa del Migrante.

The changes to immigration policy ordered by President Donald Trump on his first day in office seem to have had a deep impact. The CBP One app that had allowed migrants to make an appointment with an immigration official and enter the US legally was shut down within minutes of the presidential oath being taken.

Without that legal avenue – even for asylum seekers fleeing persecution who have historically always been allowed into the US – those on the road are having to rethink their options.

Manuel Rodriguez, 25, traveling with his wife and their three children aged 10, six and four, said he would not take his family back to Venezuela, where the economic situation was so bad they ate only once a day.

They left Venezuela five months ago, he said, and had reached Guatemala’s border with Mexico, but had not crossed, saying that with cartels preying on migrants, it was too dangerous to linger in Mexico without assurances they’d be able to make it into the US.

The children of Manuel Rodriguez and Waleska Veliz play games at the shelter in Guatemala City on Wednesday.

His wife, Waleska Veliz, 26, said she understood Trump’s wish to rid the US of violent immigrants such as members of the Venezuelan Tren de Aragua gang, and supports the US strictly vetting migrants, but she felt it unjust to have blanket action against everyone.

“We’ve never been in jail; we’ve never committed any crimes. What we want is to enter (the US) to create a better future for our family,” Veliz said. “And (President Trump) is getting rid of everybody, good people and bad people. And he shouldn’t do it that way.”

Another asylum seeker, Patrick Songu, from Sierra Leone said it was not safe for him to return to west Africa.

“We don’t know what we can do,” he explained.

Songu, 40, said he desperately wanted to find safety. Emotion then caught up with him and he was unable to speak further.

His traveling companion, Yebit Pryde, a nurse who said he had been jailed amid civil strife between the French-speaking and English-speaking communities in Cameroon, took up the conversation.

“It really is a catastrophe,” he said. “America was built by immigrants, Trump himself is (the son of) an immigrant, I don’t think him sending away immigrants … is the best.”

Still, he would not try to enter the US illegally. “I will wait in Mexico,” said Pryde, 45. “If there is no legal pathway to get in then I must choose any of the South American countries to seek asylum there.”

Unfulfilled dreams

Orlando Chajchic was deported two weeks before Trump took office, but he said he had seen enough in detention and the changing attitudes in the US to not want to return.

Chajchic said he overstayed a visa and ended up living undocumented in Dallas for 20 years.

He had spent some time in the church-run migrant shelter, but now he planned to restart his life back in Guatemala.

Orlando Chajchic, who was deported back to Guatemala after 20 years in Texas, is photographed in Guatemala City on Wednesday.

And he had something to say to any of the migrants in the shelter with him, spoken either in his native Spanish or English, perfected from decades in the north.

“My advice is right now, it’s better to stay where you (are).”

That’s the message a family from Colombia has taken to heart.

21-year-old Stephanie Niño, her mother, younger brother and 3-year-old son, had spent three months in Tapachula, on the Mexican side of the border with Guatemala, waiting to get an appointment through the CBP One app.

When the app shut down, their hopes of reuniting with family in Denver were dashed, she said.

“We’re going to just work and try to provide for our kids,” Niño said when asked what she planned to do upon returning to Colombia.

Her mother, Paula Mansipe, spoke of her heartbreak.

“We had a lot of dreams we could not fulfill.”

The interior of the Casa del Migrante shelter in Guatemala City is pictured on Wednesday.
This post appeared first on cnn.com

Hamas began a third round of freeing hostages in Gaza Thursday as part of an ongoing ceasefire agreement with Israel. 

Hamas handed female Israeli soldier Agam Berger, 20, to the Red Cross at a ceremony in the heavily destroyed urban refugee camp of Jabaliya in northern Gaza. She was later transferred to the Israel Defense Forces. 

‘The Government of Israel embraces IDF soldier Agam Berger,’ read a post on the official X account of the Israeli Prime Minister’s Office. ‘Her family has been updated by the responsible authorities that she is with our forces. The Government, together with all of the security officials, will accompany her and her family.’ 

‘Thank God we have reached this moment, and our hero Agam has returned to us after 482 days in enemy hands. Our daughter is strong, faithful, and brave,’ Berger’s family said in a statement. ‘We want to thank the security forces and all the people of Israel for their support and prayers. ‘Now Agam and our family can begin the healing process, but the recovery will not be complete until all the hostages return home.’ 

Another ceremony was planned in the southern city of Khan Younis, in front of the destroyed home of slain Hamas leader Yahya Sinwar. Both were attended by hundreds of people, including masked militants and onlookers.

Hamas has agreed to handover three Israelis and five Thai captives on Thursday. In exchange, Israel was expected to release 110 Palestinian prisoners. 

The truce is aimed at winding down the deadliest and most destructive war ever fought between Israel and Hamas, whose Oct. 7, 2023, attack on Israel sparked the fighting. It has held despite a dispute earlier this week over the sequence in which the hostages were released.

In Israel, people cheered, clapped and whistled at a square in Tel Aviv where supporters of the hostages watched Berger’s handover on big screens next to a large clock that’s counted the days the hostages have been in captivity. Some held signs saying: ‘Agam we’re waiting for you at home.’

Berger was among five young, female soldiers abducted in the Oct. 7 attack. The other four were released on Saturday. The other two Israelis set to be released Thursday are Arbel Yehoud, 29, and Gadi Moses, an 80-year-old man.

There was no official confirmation of the identities of the Thai nationals who will be released.

A number of foreign workers were taken captive along with dozens of Israeli civilians and soldiers during Hamas’ attack. Twenty-three Thais were among more than 100 hostages released during a weeklong ceasefire in November 2023. Israel says eight Thais remain in captivity, two of whom are believed to be dead.

Of the people set to be released from prisons in Israel, 30 are serving life sentences after being convicted of deadly attacks against Israelis. Zakaria Zubeidi, a prominent former militant leader and theater director who took part in a dramatic jailbreak in 2021 before being rearrested days later, is also among those set to be released.

Israel said Yehoud was supposed to have been freed Saturday and delayed the opening of crossings to northern Gaza when she was not.

The United States, Egypt and Qatar, which brokered the ceasefire after a year of tough negotiations, resolved the dispute with an agreement that Yehoud would be released Thursday. Another three hostages, all men, are set to be freed Saturday along with dozens more Palestinian prisoners.

On Monday, Israel began allowing Palestinians to return to northern Gaza, the most heavily destroyed part of the territory, and hundreds of thousands streamed back. Many found only mounds of rubble where their homes had been.

In the first phase of the ceasefire, Hamas is set to release a total of 33 Israeli hostages, including women, children, older adults and sick or wounded men, in exchange for nearly 2,000 Palestinian prisoners. Israel says Hamas has confirmed that eight of the hostages to be released in this phase are dead.

Palestinians have cheered the release of the prisoners, who they widely see as heroes who have sacrificed for the cause of ending Israel’s decades-long occupation of lands they want for a future state.

Israeli forces have meanwhile pulled back from most of Gaza, allowing hundreds of thousands of people to return to what remains of their homes and humanitarian groups to surge assistance.

The deal calls for Israel and Hamas to negotiate a second phase in which Hamas would release the remaining hostages and the ceasefire would continue indefinitely. The war could resume in early March if an agreement is not reached.

Israel says it is still committed to destroying Hamas, even after the militant group reasserted its rule over Gaza within hours of the truce. Hamas says it won’t release the remaining hostages without an end to the war and a full Israeli withdrawal from Gaza.

Israel’s ensuing air and ground war after Oct. 7, 2023 has been among the deadliest and most destructive in decades. More than 47,000 Palestinians have been killed, over half of them women and children, according to Gaza’s Health Ministry, which does not say how many of the dead were militants.

The Israeli military says it killed over 17,000 fighters, without providing evidence, and that it went to great lengths to try to spare civilians. It blames civilian deaths on Hamas because its fighters operate in dense residential neighborhoods and put military infrastructure near homes, schools and mosques.

The Israeli offensive has transformed entire neighborhoods into mounds of gray rubble, and it’s unclear how or when anything will be rebuilt. Around 90% of Gaza’s population has been displaced, often multiple times, with hundreds of thousands of people living in squalid tent camps or shuttered schools.

The Associated Press contributed to this report.

This post appeared first on FOX NEWS

President Donald Trump’s pick to lead the FBI, Kash Patel, is expected to trade barbs with lawmakers in his confirmation hearing before the Senate Judiciary Committee on Thursday. 

Patel, a former public defender, Department of Justice official and longtime Trump ally, will join the Senate committee at 9:30 a.m. Eastern Standard Time, when lawmakers are anticipated to grill the nominee on plans detailed in his 2023 book to overhaul the FBI, his crusade against the ‘deep state’ and his resume, as Democrats argue the nominee lacks the qualifications for the role. 

The president and his allies, however, staunchly have defended Patel, with Senate Judiciary member Sen. Marsha Blackburn, R-Tenn., arguing that Democrats are ‘fearful’ of Patel’s nomination and confirmation due to ‘what he’s going to reveal’ to the general public. 

‘They are very fearful of Kash Patel, because Kash Patel knows what Adam Schiff and some of the others did with Russia collusion, and they know that he he knows – the dirt on them, if you will – and I think they’re fearful of what he’s going to do and what he’s going to reveal,’ Blackburn said on Fox News on Sunday. 

Patel, a New York native, worked as a public defender in Florida’s Miami-Dade after earning his law degree in 2005 from Pace University in New York City.  

Patel’s national name recognition grew under the first Trump administration, when he worked as the national security advisor and senior counsel for the House Permanent Select Committee on Intelligence under the leadership of Rep. Devin Nunes, R-Calif. Patel became known as the man behind the ‘Nunes Memo’ – a four-page document released in 2018 that revealed improper use of surveillance by the FBI and the Justice Department in the Russia investigation into Trump. 

Patel was named senior director for counterterrorism at the National Security Council in 2019. In that role, he assisted the Trump White House in eliminating foreign terrorist leadership, such as ISIS chief Abu Bakr al-Baghdadi in 2019 and al Qaeda terrorist Qasim al-Raymi in 2020, according to his biography. His efforts ending terrorist threats under the Trump administration came after he won a DOJ award in 2017 for his prosecution and conviction of 12 terrorists responsible for the World Cup bombings in 2010 in Uganda under the Obama administration. 

Following the 2020 election, Patel remained a steadfast ally of Trump’s, joining the 45th president during his trial in Manhattan in the spring of 2024, and echoing that the United States’ security and law enforcement agencies, including the FBI, need to be overhauled.

Patel underscored in his 2023 book, ‘Government Gangsters,’ that ‘deep state’ government employees have politicized and weaponized the law enforcement agency – and explicitly called for the revamp of the FBI in a chapter dubbed ‘Overhauling the FBI.’

‘Things are bad. There’s no denying it,’ he wrote in the book. ‘The FBI has gravely abused its power, threatening not only the rule of law, but the very foundations of self-government at the root of our democracy. But this isn’t the end of the story. Change is possible at the FBI and desperately needed.’ 

‘The fact is we need a federal agency that investigates federal crimes, and that agency will always be at risk of having its powers abused,’ he wrote, advocating the firing of ‘corrupt actors,’ ‘aggressive’ congressional oversight over the agency and the complete overhaul of special counsels. 

Patel adds in his book: ‘Most importantly, we need to get the FBI the hell out of Washington, D.C. There is no reason for the nation’s law enforcement agency to be centralized in the swamp.’

Trump heralded the book as a ‘roadmap’ to exposing bad actors in the federal government and said it is a ‘blueprint to help us take back the White House and remove these Gangsters from all of Government.’

Patel has spoken out against a number of high-profile investigations and issues he sees within the DOJ in the past few years. He slammed the department, for example, for allegedly burying evidence related to the identity of a suspect who allegedly planted pipe bombs outside the headquarters of the Democratic and Republican parties in Washington, D.C., a day ahead of Jan. 6, 2021.

Patel has also said Trump could release both the Jeffrey Epstein client list and Sean ‘Diddy’ Combs party attendee lists, which could expose those allegedly involved in sex and human trafficking crimes. 

Senate Democrats received an anonymous whistleblower report that was publicly reported Monday alleging Patel violated protocol during a hostage rescue mission in October 2020, an allegation Trump’s orbit has brushed off. 

The whistleblower claimed that Patel leaked to the Wall Street Journal that two Americans and the remains of a third were being transferred to U.S. custody from Yemen, where they had been held hostage by Houthi rebels, before the hostages were actually in U.S. custody. Illinois Democratic Sen. Dick Durbin, ranking member on the Senate Judiciary Committee, obtained the whistleblower report. 

A transition official pushed back on the report in a statement to Fox News Digital on Tuesday, saying Patel has a ‘track record of success.’

‘Mr. Patel was a public defender, decorated prosecutor, and accomplished national security official that kept Americans safe,’ the official said. ‘He has a track record of success in every branch of government, from the courtroom to congressional hearing room to the situation room. There is no veracity to this anonymous source’s complaints about protocol.’  

Alexander Gray, who served as chief of staff for the White House National Security Council under Trump’s first administration, called the allegation ‘simply absurd.’

Patel’s nomination comes after six of Trump’s nominees were confirmed by the Senate, including Department of Homeland Security Secretary Kristi Noem, Treasury Secretary Scott Bessent and Secretary of Defense Pete Hegseth – who also was viewed as a nominee who faced an uphill confirmation battle. 

The Senate schedule this week was packed with hearings besides Patel’s, with senators grilling Secretary of Health and Human Services nominee Robert F. Kennedy Jr. on Wednesday and also holding the hearing for Tulsi Gabbard’s nomination to serve as director of national intelligence. 

Patel heads into his hearing armed with a handful of high-profile endorsements, including the National Sheriffs’ Association and National Police Association. 

Carl and Marsha Mueller, the parents of ISIS murder victim Kayla Mueller, also notably endorsed Patel, Fox News Digital exclusively reported on Tuesday. Patel helped oversee a military mission in 2019 that killed ISIS leader al-Baghdadi, who was believed to have repeatedly tortured and raped Kayla Mueller before her death in 2015. 

Patel ‘loves his country. He loves the people of this country,’ Marsha Mueller told Fox News Digital in an exclusive interview via Zoom on Monday morning. ‘To us, you know, he is a person that we would go to for help. And he is so action oriented.’ 

Just like Trump,’ Carl Mueller added to his wife’s comments on Patel’s action-motivated personality.

Fox News Digital’s Anders Hagstrom contributed to this report.

This post appeared first on FOX NEWS

As the United States beefs up security at its southern border as part of the Trump administration’s illegal immigration crackdown, the State Department has issued the highest-level travel advisory for a specific region of northeastern Mexico near McAllen and Brownsville, Texas.

Amid gun battles, kidnappings and other crime, the State Department is also warning of IEDs on dirt roads in the Mexican state of Tamaulipas.

‘[T]he state of Tamaulipas has issued a warning to avoid moving or touching improvised explosive devices (IEDs), which have been found in and around the area of Reynosa, Rio Bravo, Valle Hermoso, and San Fernando along dirt and secondary roads,’ a State Department travel advisory for Tamaulipas reads. ‘IEDs are being increasingly manufactured and used by criminal organizations in this region.’

The U.S. Consulate in Mexico notes in the advisory that an IED destroyed an official Mexican government vehicle in Rio Bravo on Jan. 23, injuring its occupant. 

A Spanish flier published by the Tamaulipas government on Facebook urges the public not to touch or move suspicious-looking devices along the roadside.

U.S. government employees are prohibited from traveling ‘in and around Reynosa and Rio Bravo outside of daylight hours and to avoid dirt roads throughout Tamaulipas,’ the advisory states.

Government employees also cannot travel between cities in Tamaulipas using interior Mexican highways.

‘Travel advisory Level 4 is the highest level there is,’ said former DEA Senior Special Agent Michael Brown, currently the global director of counter-narcotics technology at Rigaku Analytical Devices. ‘That’s a warning: Do not go there. I have experienced that, but it was in countries like Pakistan, Afghanistan, Iran, Somalia. … The area we’re talking about is the state of Tamaulipas, within which you have Reynosa and Matamoros, which have a history of extreme violence in Mexico.’

‘[W]ith the sudden end of the Biden-Harris open-border policies, the cartels are no longer making billions of dollars in human trafficking.’

— Michael Brown

Brown said that what he suspects is happening is ‘with the sudden end of the Biden-Harris open-border policies, the cartels are no longer making billions of dollars in human trafficking.’

‘Now that area has been reduced significantly, meaning cartels, which may have been working together up to a week ago, are now competing for access to Reynosa and Matamoros because human smuggling is not going to stop, it’s just going to be more expensive, more dangerous, and they’re going to have to use traffickers, are going to have to use more selective routes in order to get around Border Patrol and … perhaps U.S. military.’

The 32-year former DEA agent added that cartels using IEDs ‘are simply mimicking what they’ve seen other hostile elements do across the world … to counter other cartel movements, truck convoys, human traffickers that may be trying to sneak on to their territory.’

‘The cartels were given carte blanche access to the United States through the open-border system.’

— Michael Brown

‘[U]nder the last four years of the Biden-Harris administration, nothing was done. The cartels were given carte blanche access to the United States through the open-border system. Now that’s been cut off, and they’ve been designated as terrorist organizations,’ Brown said.

The State Department has issued a Level 4 advisory for the area due to crime and kidnapping threats. Travelers are encouraged to avoid dirt roads, unknown objects near roads and travel after dark.

‘Common’ organized criminal activity in the area includes gun battles, murder, armed robbery, carjacking, kidnapping, forced disappearances, extortion and sexual assault. 

The recent immigration policy changes affecting cartel networks’ financial success also pose a significant threat to Americans, U.S. law enforcement and military members living or stationed near the border, Brown said.

‘As cartel members … come across the border with narcotics for human trafficking. Now they’re armed and they’re ready for conflict. They run into Border Patrol, they run into the Texas Rangers or DEA. There could be a gunfight,’ Brown said. ‘So if you’re a citizen living on that border, you know that that Level 4 just doesn’t stop [the violence], and we know it’s going to cross the border with those trafficking individuals.’

Of the millions of illegal immigrants who crossed into the United States over the last four years, ‘[E]ach one of those migrants had to pay a toll to a cartel or to smaller groups,’ Brown said. ‘So we’re talking about billions of dollars for the last four years with absolutely no effort whatsoever on the part of the cartels.’

The State Department noted in its advisory that heavily armed criminal groups often target certain areas and target ‘public and private passenger buses, as well as private automobiles traveling through Tamaulipas, often taking passengers and demanding ransom payments.’ 

The Level 4 warning comes as the Trump administration begins its crackdown on illegal immigration and crime at the U.S.-Mexico border.

Brown compared the level of violence in Tamaulipas to the Middle East.

‘We think of the Middle East as extremely violent, wouldn’t want to go there, but all we have to do is look towards Mexico.’

— Michael Brown

‘[It] wasn’t that long ago before [the] Sinaloa Cartel was executing police officers and hanging them from bridges,’ Brown said. ‘Now, we didn’t even see that level of violence in Afghanistan when I was there. So, the cartels have taken violence to a whole other level. They are acting just like any terrorist organization. The only difference is their end goal is to make money. That’s their ideology.’

Officials deported around 2,000 illegal immigrants to Mexico last Thursday, both on the ground and in the air. Mexican officials detained roughly 5,000 migrants within its borders, Fox News reported. 

Trump also ordered 1,500 active-duty troops to the southern border to boost the military presence there.

Fox News’ Micharl Dorgan and Louis Casiano contributed to this report.

This post appeared first on FOX NEWS

Tech giants Microsoft (NASDAQ:MSFT), Meta Platforms (NASDAQ:META) and Tesla (NASDAQ:TSLA) released their quarterly earnings reports on Wednesday (January 29), showcasing a mix of successes and challenges.

Microsoft and Meta exceeded expectations even as they face market volatility and new competition out of China. Tesla’s results were mixed as it beat production goals, but missed revenue and earnings per share (EPS) estimates.

These reports highlight the dynamic landscape of the tech industry, where innovation and growth are being countered by competition and uncertainty.

Microsoft sees AI-powered growth, but faces challenges

Microsoft’s earnings for its second fiscal quarter of 2025 exceeded expectations, demonstrating robust growth driven by the company’s cloud computing and artificial intelligence (AI) business.

Analysts had projected revenue of US$68.81 billion and EPS of US$3.11.

However, Microsoft surpassed these forecasts, reporting revenue of US$69.6 billion for the period, a 12 percent increase year-on-year, and EPS of US$3.23, a 10 percent year-on-year rise.

2025 has already brought several big developments for Microsoft. The company announced an US$80 billion investment in US-based AI infrastructure, reorganized its cloud and AI teams and integrated AI tools into Microsoft 365.

However, concerns over the cost of the Stargate AI project and competition from Chinese rival DeepSeek have fueled market volatility and sparked investigations into potential data misuse. Despite these hurdles, Microsoft remains committed to its AI-driven strategy, though the path forward appears complex and competitive.

Microsoft led S&P 500 (INDEXSP:.INX) losses on Wednesday, along with NVIDIA (NASDAQ:NVDA). The company closed at US$442.33 and is continuing its downward trajectory in after-hours trading.

Meta exceeds expectations, plans AI investments

Meta’s Q4 2024 earnings exceeded analysts’ expectations, demonstrating growth and a strategic focus on AI.

While analysts had projected revenue of US$46.99 billion and EPS of US$6.76, Meta surpassed these forecasts, with company revenue reaching US$48.39 billion for the quarter and US$164.5 billion for the full year; those represent annual increases of 21 percent and 22 percent, respectively. EPS for Q4 came to US$8.02.

Looking ahead, Meta anticipates Q1 2025 revenue in the range of US$39.5 billion to US$41.8 billion, and total expenses of US$114 billion to US$119 billion for the full year. The company did not provide full-year revenue guidance.

Meta’s performance reflects this positive outlook. Despite a slight dip of 1.28 percent during the trading day, the stock ended slightly higher and surged by 4.66 percent in after-hours trading.

Key to Meta’s plans are significant investments in AI. CEO Mark Zuckerberg has committed US$60 billion to US$65 billion for AI infrastructure and is expanding the firm’s footprint in the wearables market, reportedly partnering with Oakley on smart glasses and planning new releases for its Reality Labs division.

Tesla deals with pressure, results mixed

Tesla’s Q4 2024 earnings arrived against a backdrop of challenges for the electric vehicle maker.

The company’s share price has been under pressure due to a confluence of factors, including an aging vehicle lineup, controversies surrounding CEO Elon Musk, a ratings downgrade from Bank of America and a new investigation into its self-driving technology by the National Highway Traffic Safety Administration.

Furthermore, potential policy changes, such as the repeal of electric vehicle incentives, are casting a shadow of uncertainty over the company’s future investments and production plans.

While the company surpassed production and delivery expectations during Q4, with approximately 459,000 vehicles produced and over 495,000 delivered, it missed revenue and EPS projections.

Revenue reached US$25.7 billion, falling short of the anticipated US$27.12 billion, and EPS were US$0.73, missing the projected US$0.77. The company anticipates increased vehicle sales in 2025, supported by key initiatives like an unsupervised Full Self-Driving (FSD) option for customers and the launch of a robotaxi business later this year. According to Tesla, FSD is scheduled to expand to Europe and China in 2025.

Additionally, Tesla says it’s on track to produce new and more affordable vehicle models in H1 2025.

However, Cybertruck production is facing further delays — it’s now set to start by the end of 2025 with full production in early 2026. Tesla expects the Cybertruck to be eligible for the US Inflation Reduction Act’s consumer tax credit, making the vehicle more affordable and accessible. Optimus hardware and software are also progressing ahead of schedule, emphasizing Tesla’s move beyond the automotive industry.

Tesla shares were in steady decline on Wednesday and closed at US$389.10, slightly above their intraday low. After hours, the company recovered from a 5.5 percent loss to trade higher.

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

This post appeared first on investingnews.com

He sees a sovereign debt crisis unfolding, and advocates for wealth protection in the yellow metal.

‘For gold it’s always simple, because debt never changes, and there’s a debt collapse driven by a sovereign debt crisis, not just in the US, but globally,’ Piepenburg explained.

‘Gold doesn’t rise because it’s in a bull market — it rises because fiat money is in a bear market. And that just simply isn’t going to change … it certainly hasn’t changed yet.’

Watch the interview above for more from Piepenburg on what this situation means for gold. You can also click here to view our Vancouver Resource Investment Conference playlist on YouTube.

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

This post appeared first on investingnews.com

During a fireside chat at the Vancouver Resource Investment Conference (VRIC), Grant Williams, author at Things That Make You Go Hmmm, discussed the accelerated rate at which markets and the world are changing.

“I think the world is changing, literally by the day now. (The) speed is picking up pace, and we all need to be aware of that,’ he told moderator Jesse Day, host of Commodity Culture, at the event.

“We’ve had this incredible half a century, really, of real stability and rising markets — bond markets, equity markets, everything except commodities, pretty much. But we’ve had this incredibly stable time, and it feels to all of us like things are becoming more unstable … what we’re seeing now is a real acceleration,’ Williams continued.

He went on to note that the current economic instability is the culmination of long-term cycles that are beyond the control of political leaders. Williams added that policymakers have missed the chance to address fiscal and debt issues, and as these challenges become mainstream, public awareness and tension will grow.

Preparation and understanding will be key for navigating this unpredictable era.

Where do the opportunities lie?

Although the picture may be bleak, Williams was quick to point to where investors may take advantage.

“It’s important to understand there is always opportunity. That no matter how bad things are, there is always opportunity,’ he emphasized. To best take advantage of what the current market has to offer, Williams emphasized to VRIC attendees that it is okay to have two investment strategies at work.

“It’s okay to have two different goals. It’s okay to say, ‘For the bulk of my assets I want to protect my purchasing power, but with 10 percent of it, I want to swing through the fences,’’ he explained.

“’I want to find some junior mining companies that I think could go up 10x.’ It’s perfectly fine to think that way and try and hold those two things at the same time, as long as you’re disciplined about it.”

He went on to add that there are “tremendous opportunities in the resource space.”

Due diligence is likely to be the factor that allows one investor’s portfolio to outshine another.

Speaking about the more than 145 mining and resource companies showcased at VRIC, Williams noted that some “perform incredibly well, while others do not.’

“That could be down to the strike of a politician’s plan confiscating assets (like) we saw in Mali last week. It could be a mine collapse,’ he said in reference to Barrick Gold’s (TSX:ABX,NYSE:GOLD) recent issues. (It) could be all kinds of things that have stopped these companies from performing well, but having the right management in place and understanding their goals and understanding their experience and their competencies, for me is the first place I start.’

A strong, well-versed management is often the ultimate barometer of the viability of a project.

“If I don’t like the management, I don’t care how good the asset looks, or how good the drilling results are, I’m not (putting) money with people that I don’t trust,” he said.

Bullish on gold and uranium in 2025

The conversation then turned to the commodities sector and which metals and minerals are poised to rise.

Williams acknowledged the strong performance gold exhibited in 2024, starting the year at US$2,050 per ounce and adding 28 percent to close the year at US$2,625 — and registering fresh all-time highs along the way.

‘I think we’re on the cusp of a very strong bull market, I really do believe that,” Williams told the crowd, noting that he has been bullish on gold for two decades, but this time feels different.

“I’ve expected fireworks. I’ve expected kind of a steady appreciation. I’ve expected things to go sideways. It hasn’t really bothered me whether it’s going to be a raging bull market. When I feel like we’re approaching that point, I’ll put more money to work. I feel like we’re at one of those moments now,” he added.

Looking to energy, Williams noted the opportunity in the uranium market.

The energy metal, which has seen a resurgence in interest over the last five years, has added 186 percent to its value since 2020, rising from US$25 per pound to US$71.66 by the end of 2024.

“The setup for the uranium market is terrific,” said Williams. He outlined dynamics in the energy market, including the new Trump administration in the US and changing attitudes toward ESG as growth catalysts for the space.

He also referenced Germany, which chose to shutter its nuclear reactors following the Fukushima disaster. After closing its last nuclear reactor in 2023, the country’s economy went into “freefall” because its energy costs grew exorbitantly.

“They’re relying on Russian gas,” he said. “They’re relying on French nuclear technology to import electricity. It’s crazy.”

As one of the few issues to garner bipartisan support, Williams sees tailwinds ahead for the uranium sector.

“Nuclear is going to be something that once people get over the fear they have of Chernobyl, and Three Mile Island and all these nuclear catastrophes that happen throughout time — people are going to realize that it is the cleanest, the safest and greenest energy you can have. And nuclear, I think, has a big future,” he said.

Stay tuned for more coverage of VRIC, including video interviews with many of the experts who attended.

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

This post appeared first on investingnews.com

The uranium sector took a hit on Monday (January 27) as investors responded to broader concerns stemming from the emergence of DeepSeek, a Chinese artificial intelligence (AI) chatbot.

Cameco (TSX:CCO,NYSE:CCJ), a leading uranium producer, saw its shares fall by as much as 14 percent that day before closing 15.04 percent lower at C$68.26 on the Toronto Stock Exchange.

Its decline followed a widespread selloff across the uranium sector, with peers Denison Mines (TSX:DML,NYSEAMERICAN:DNN) and NexGen Energy (TSX:NXE,NYSE:NXE,ASX:NXG) also experiencing double-digit losses.

Uranium companies have seen support in recent months on the back of energy demand expectations for AI data centers. The International Energy Agency projects they will consume electricity at levels equivalent to Japan by 2026.

Investor sentiment shifted this week on concerns that DeepSeek’s efficiency could disrupt these demand forecasts.

The AI product, reportedly developed at a much lower cost than its western counterparts, has raised questions about the future of American AI dominance and the potential shift in global energy demand tied to data center operations.

TransAlta (TSX:TA,NYSE:TAC), a Canadian utility company, also faced significant losses on Monday, with shares dropping 22 percent at one point and closing down 20.57 percent at C$15.37.

The Calgary-based firm recently announced ongoing discussions with multiple hyperscalers regarding data center developments in Alberta, a move anticipated to align with rising demand for electricity.

Cameco’s downturn also coincided with the news that its partner, Kazatomprom (LSE:KAP,OTC Pink:NATKY), has resumed production at JV Inkai, a uranium mine in which Cameco holds a 40 percent stake, after a brief production halt.

Production at the site, located in Kazakhstan’s Turkestan region, had been suspended since January 1, 2025, due to delays in project documentation approvals from Kazakhstan’s energy ministry.

Cameco expressed disappointment earlier this month when operations were halted unexpectedly. Kazatomprom confirmed on Monday that the approval issue had been resolved and that mining had resumed at Inkai’s block No. 1.

The Kazakh company assured stakeholders that it remains committed to meeting its contractual obligations, citing sufficient uranium inventories to manage deliveries through 2025.

The broader uranium market selloff extended to the Sprott Physical Uranium Trust (TSX:U.U,OTCQX:SRUUF), which functions as a closed-end investment vehicle holding physical uranium assets.

It fell 8.69 percent on Monday, closing at C$15.12. The Sprott trust’s market capitalization currently stands at US$6.14 billion, with its assets primarily consisting of uranium oxide in concentrate and uranium hexafluoride.

Launched in 2021, it has gained attention as a vehicle for investors seeking exposure to uranium.

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

This post appeared first on investingnews.com

Editor’s Note: This report contains details of death and injury that some may find distressing.

The stark testimony of their surviving colleagues, and the growing toll, portrays the obscure yet important role of American frontline fighters in a war President Donald Trump has called “ridiculous” and has pushed Russian President Vladimir Putin to end diplomatically.

Two American volunteers were killed in a single incident just outside Pokrovsk in eastern Ukraine in late September, according to survivors and relatives. Neither’s body has been recovered. Former US soldier Zachary Ford, 25, from Missouri, and another American without military experience, whose family requested to be identified only by his callsign ‘Gunther,’ were killed by a drone while tasked with blowing up a bridge near the village of Novohrodivka.

The surviving American, who asked to be known by his callsign ‘Redneck,’ described a mission with a limited chance of success, where the group of three US volunteers were swiftly trapped by Russian fire in a trench about 500 meters from their bridge target.

Ford told his commanders on the radio they would abort the mission but was instructed to continue and that no evacuation was possible for another day, Redneck said. As the assault began, Redneck said he fired his machine gun at Russians directly in front of him, and that Ukrainians manning a grenade launcher and anti-tank Javelin weapon system died while holding back Russian armor.

He said he stepped into a bunker to get ammunition, narrowly missing the drone strike that wounded Ford and Gunther. Ford’s injuries required two tourniquets to stem the bleeding, Redneck said, which he applied before rejoining the defense and seeing a Ukrainian soldier fatally shot in the face in front of him.

“He knew we weren’t going to make it through another attack,” said Redneck of Ford, “so he started asking me to kill him so he wouldn’t be captured.” Redneck said he refused and told Ford they would find a way through this, before continuing to reload their weapons ahead of the anticipated assault.

“He went really quiet,” said Redneck of Ford. “A couple minutes later, (he) called me over and said he had loosened his tourniquets.” Redneck said he reapplied them, but Ford had lost too much blood.

Redneck said Ford’s last request was to see the sunlight as he died. “I laid him down with his head towards the door, so he could look out, see the sun, and I just held his hand. The last really intelligible thing he said was, ‘never let it be said that the bastards killed me.’”

Redneck said Ford had expressed a sentiment common among foreign fighters.

His most vivid memory of Ford was the tiny blue speaker he carried with him, on which he would constantly play the UK artist Artemas’ song, “I like the way you kiss me.” “He always was playing music and dancing around that speaker,” he said.

He said the likelihood of foreign volunteer fighters surviving on the front line depended on their level of experience but alsoon the tasks given by the brigades they joined. While some officers gave foreigners and Ukrainians equal tasks, he said, others “will sell you out and get you killed just as quick.”

He blamed the losses in his brigade on a “bad officer… who didn’t really see a difference between anyone. It was meat for the grinder, and he just sent whoever he could get.”

“At this point, you cannot say it’s not America’s fight,” he said. Critics of the war are “trying to say, ‘well, this is Ukraine’s problem. If we can just make peace now, we won’t have to deal with this.’ The truth is, it’s not going to stop,” Redneck added.

Redneck, speaking from the United States, said his unit was evacuated from the area and he later saw drone footage of Ford and Gunther’s bodies. The area where they fought is now under Russian control.

The process of retrieving the dead from the front lines is arduous and emotional. Former US Marine Corey Nawrocki, 41, from Pennsylvania, died fighting in Russia’s Bryansk region in October.

His body was paraded by Russian soldiers on Telegram, but after complex negotiations was one of nearly 800 dead returned to Ukraine by Russia on Friday, as was that of another missing American.

His mother, Sandy Nawrocki, wept as she described feeling a “whirlwind of emotions – relief, but sadness. A weight is lifted off my shoulder because now I don’t have to worry about what they might be doing to him over there.”

She described Nawrocki, a marine veteran of two decades with six tours in Iraq and two in Afghanistan, as a “smartass” who loved to make her laugh and was driven to fight in Ukraine because of the toll he had seen on civilians.

“Innocent people getting killed, babies being slaughtered,” she said. “I think that really bothered him.”

Nawrocki died after being shot while trying to help an injured colleague, his mother said she was told.

Images of his body and weapons were widely shared on Russian social media and she says her address and video of her home, were also posted. When she tried to notify Nawrocki’s Marine friends on social media of his death, pro-Russian trolls “would post all these nasty comments and, smiley faces,” she said.

She did not want her son to go to Ukraine but this “was an unprovoked war,” she said. “This is everyone’s war. If Russia wins, wins over Ukraine, that affects Poland, that affects all the European countries.”

The repatriation of dead Americans is the culmination of a complex and emotional path for those involved. Lauren Guillaume, an American living in Kyiv and working for the non-profit RT Weatherman Foundation, assists foreign families in finding their loved ones, often by trawling through morgues with the foundation’s Ukrainian investigator, Iryna Khoroshayeva.

Positive identification is possible through a combination of visual identification methods and DNA testing, Guillaume said.

Ukrainian officials said the task of identifying the dead is more complex when remains are returned from the Russian side. “After a body swap, we may be given a bag with 10 body remains belonging to different people,” said Artur Dobroserdov, Ukraine’s commissioner for missing persons under the Ministry of the Interior.

Dobroserdov confirmed that more than 20 Americans were missing in action, and said they could only release any part of the remains for repatriation once they had identified all of them, as they did not want families to bury part of a loved one only to be later given more remains.

One of the first cases in which Guillaume was able to assist was that of US Army veteran Cedric Hamm, from Texas, who was killed in the northern border region of Sumy in March. Hamm’s family were able to identify the unique mixture of Aztec and US military tattoos on his body in a video livestream Guillaume set up from the morgue. The body was then repatriated to San Antonio in December.

“I’m very proud of my son,” said his mother, Raquel Hamm, who said he had fought in Ukraine as he was keen to use his military past to travel. “His composure, even to the very end” had struck her, she said, describing how she was told “he saved another young man” during the gunfight that killed him.

“My expectation, honestly, was that my son was never going to be found,” said Hamm. “My son paid the ultimate price on the battlefield for Ukrainian freedom and that’s forever going to live with me. My child did not die in vain.”

Guillaume said foreigners can be declared dead through physical confirmation, like DNA testing on their remains, or through a court ruling, if there is significant evidence of their death. “It takes time,” she said. In March, her organization had a caseload of 16. It is now dealing with 88 dead or missing foreigners across 18 nationalities – half of them Americans. “Most of that is missing in action cases,” she said.

The true death toll among American volunteers in Ukraine remains unclear, Guillaume said.

She believes the rising number of dead and missing is down to foreigners being sent to tough, frontline areas where their prior military experience is needed. “We find that foreign operators do fill the gaps of very difficult, high-risk, high-reward operations. Their lives and their sacrifice are not wasted.”

This post appeared first on cnn.com