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Shifting Tides in the Stock Market: A New Era for Bulls?

Stock 5 Mins Read

The stock market has been on quite the rollercoaster of late, thanks to news headlines. But investors seem to have shrugged off the past weekend’s geopolitical tensions, at least for now. 

On Tuesday, we saw a surge of enthusiasm. Investors were diving back into stocks and selling off their oil and precious metals holdings. Last week, oil prices spiked amid Middle East tensions, but have now fallen to pre-conflict levels. After what felt like a few weeks of the market moving sideways, maybe the stock market got the catalyst it needed to push the major indexes out of their trading range. A ceasefire between Israel and Iran was enough to get things going.

Stocks Get a Boost

Tuesday’s positive tone helped move the stock market higher, with the S&P 500 ($SPX) closing up 1.1%, finally breaking above the top of its trading range. The Nasdaq Composite ($COMPQ) followed suit, with both indexes within spitting distance of their all-time highs. The Nasdaq 100 ($NDX), which closed 1.53% higher, hit a new all-time high. And let’s not forget the Dow Industrials ($INDU), which is also making a strong attempt to push through key resistance levels, even though it’s a little bit further from its all-time high.

Given the Nasdaq 100’s strong performance on Tuesday, it’s worth taking a closer look at the daily chart of the Invesco QQQ Trust (QQQ).

FIGURE 1. DAILY CHART OF QQQ. The ETF hit a new high on June 24 with a potential Golden Cross. If the relative strength index and percentage price oscillator confirm upside momentum, QQQ could rise higher.Chart source: StockCharts.com. For educational purposes.

Besides hitting a new high, note that the 50-day simple moving average (SMA) crossed above the 200-day SMA. This is referred to as a Golden Cross and can be an early sign of bullishness. While it’s not a guaranteed “green light” at such an early stage, it’s worth watching to see if the 50-day SMA continues to stay above the 200-day SMA.

The relative strength index (RSI) is getting closer to overbought territory. If it crosses above 70, it would be another sign of strong bullish momentum. Similarly, the percentage price oscillator (PPO) needs to move into positive territory, meaning the shorter moving average should cross above the longer one. They’re close, but remember these are lagging indicators, meaning they’ll confirm trends that are already underway. Thus, if the 50-day SMA remains above the 20-day SMA, RSI crosses above 70, and PPO confirms upside momentum, it would confirm further upside move in QQQ.

Another interesting point to note: The Cboe Volatility Index ($VIX) closed at 17.48, which suggests investors are relatively complacent. The VIX was relatively subdued during the Middle East conflict, hitting a high of around 22. With less fear, the charts of the major indexes look like they’re going to hit fresh highs. On Tuesday, Technology, Financials, and Communication Services were the top-performing sectors.

Tech Regains Lead

The Technology sector was powered by semiconductors, which have been driving the market lately. The VanEck Vectors Semiconductor ETF (SMH) has broken above the range it’s been trading within for the last couple of weeks and is now close to its 52-week high (see daily chart of SMH below).

FIGURE 2. DAILY CHART OF SMH. Semiconductors have been driving the stock market lately and broke out above the range from the last couple of weeks.Chart source: StockCharts.com. For educational purposes.

Looking at individual stocks, NVIDIA Corp. (NVDA) was the most actively traded S&P 500 stock. A handful of big names are hitting new all-time highs, too; this includes Broadcom, Inc. (AVGO), Cisco Systems, Inc. (CSCO), International Business Machines (IBM), JP Morgan Chase (JPM), Microsoft Corp. (MSFT), and Netflix Inc. (NFLX), just to name a few. For the complete list, check out the “New Highs” panel in your StockCharts Dashboard; you’ll likely notice a significant percentage of tech stocks on the list.

The positive price action on Tuesday suggests investors are rotating into growth stocks, which signals further upside moves in the S&P 500 and Nasdaq stocks. Here’s a more encouraging sign: even the S&P 500 Equal-Weighted Index ($SPXEW) is breaking out and moving towards its highs. This indicates that the market’s strength isn’t limited to a few big, heavily-weighted growth stocks; participation is much broader.

Travel Stocks Get a Lift

Beyond tech stocks, consumer discretionary stocks also traded higher. The top three performers in the Consumer Discretionary sector were Carnival Corp. (CCL), Norwegian Cruise Lines Holdings (NCLH), and Caesars Entertainment (CZR). The MarketCarpet for the Consumer Discretionary sector below shows travel stocks were strong performers on Tuesday.

FIGURE 3. MARKETCARPET FOR THE CONSUMER DISCRETIONARY SECTOR. The table on the right shows CCL, NCLH, and CZR were the top performers.Image source: StockCharts.com. For educational purposes.

CCL’s stock price gapped up after the company reported strong earnings and guidance. An increase in cruise line bookings indicates consumer sentiment is strong. As a result, cruise lines and travel stocks traded higher. This goes against June’s Consumer Confidence report, which showed weakening confidence. It didn’t seem to impact the market, but it may come back to bite us depending on what news headlines we are likely to receive on Wednesday.

Closing Position

Tuesday’s price action suggests that equities are back on their bullish track after a period of consolidation. Will the upside move hold, or will a negative news headline bring the bears back into the market?

This is where your StockCharts tools come in handy! Keep a close eye on the performance of the major indexes and other helpful indicators such as the RSI and PPO. By using these tools, you can stay on top of the stock market and make investment decisions with greater confidence.

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.

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Investing

Charbone Hydrogene signe une entente-cadre de collaboration et percevra 1M de dollars americains afin de soutenir le deploiement d’un projet de developpement d’hydrogene vert en Malaisie pour un partenaire local

Investing 5 Mins Read

(TheNewswire)

L’équipe Charbone servira de conseiller expert auprès d’un groupe financier privé malaisien pour le développement et la construction de leur première usine de production modulaire et évolutive dans la région Asie-Pacifique.

Brossard (Québec) TheNewswire – le 25 juin 2025 – CORPORATION CHARBONE HYDROGÈNE (TSXV: CH OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), une rare compagnie cotée en bourse spécialisée dans la production et la distribution d’hydrogène vert en Amérique du Nord, a le plaisir d’annoncer la signature d’une entente-cadre de collaboration avec Green Hydrogen ASIAPAC SDN BHD pour soutenir le déploiement de leur première usine phare de production de dihydrogène ultrapur (UHP) en Malaisie, basée sur le modèle modulaire et évolutif de Charbone. Cette approche de production de distribution décentralisée, destinée aux utilisateurs finaux, s’inscrira dans un nouvel écosystème durable en Malaisie et pourrait être étendue à la région Asie-Pacifique, où Charbone pourrait mettre à profit son expertise.

Grâce à cette entente de collaboration, Charbone apportera son expérience dans divers domaines du développement, de la construction et de l’exploitation d’un projet complet. Cela comprend, entre autres, le choix du site, l’interconnexion, les contrats d’achat et de vente d’électricité, la conception initiales (FEED), l’ingénierie et le financement du projet, ainsi que l’identification et la sélection des fournisseurs appropriés, notamment pour les équipes d’ingénierie, et les équipements de production et de distribution.

Charbone partagera sa vaste expérience et ses connaissances acquises au cours des cinq dernières années et les monétisera. En retour, elle diversifiera et augmentera ses sources de revenus grâce à une approche collaborative qui sera reproduite avec d’autres partenaires et pays de la région, au bénéfice de ses actionnaires, ardents supporteurs du modèle Charbone depuis des années.

L’entente de collaboration permettra à Charbone de percevoir une rémunération unique, payable en espèces ou investie dans le projet. Charbone négocie actuellement des accords et des arrangements similaires avec d’autres partenaires dans différentes régions du monde.

‘ Cette entente reconnaît tous les efforts déployés par Charbone au cours des cinq (5) dernières années pour créer un modèle d’écosystème durable qui fonctionne dans le monde réel et pas seulement sur le marché nord-américain , a dit Dave Gagnon, Président et chef de la direction de Charbone. Il continue, ‘ Quand on regarde le marché actuel de l’hydrogène, on se rend compte que les deux marchés les plus prometteurs sont l’Amérique du Nord et l’Asie-Pacifique, que nous commençons maintenant. ‘

‘ Nous sommes ravis d’officialiser cette collaboration stratégique avec Charbone. Leur approche modulaire et décentralisée éprouvée s’inscrit parfaitement dans notre vision d’accélérer l’adoption de l’hydrogène vert en Malaisie et dans la région Asie-Pacifique. En tirant parti de l’expertise et des capacités de conseil uniques de Charbone, nous sommes convaincus de pouvoir réaliser un projet de production de haute qualité, évolutif et durable, qui servira de modèle pour les développements futurs , a dit Kamshul Kasim, Président exécutif de Green Hydrogen ASIAPAC SDN BHD. Il continue, ‘ Ce partenariat marque une étape importante dans notre engagement à contribuer à la transition énergétique propre de la Malaisie et à nous positionner à l’avant-garde de l’économie émergente de l’hydrogène vert dans la région . ‘

À propos de Charbone Hydrogène Corporation

Charbone est une entreprise intégrée spécialisée dans l’hydrogène ultrapur (UHP) et la distribution stratégique de gaz industriels en Amérique du Nord et en Asie-Pacifique. Elle développe un réseau modulaire de production d’hydrogène vert tout en s’associant à des partenaires de l’industrie pour offrir de l’hélium et d’autres gaz spécialisés sans avoir à construire de nouvelles usines coûteuses. Cette stratégie disciplinée diversifie les revenus, réduit les risques et augmente sa flexibilité. Le groupe Charbone est coté en bourse en Amérique du Nord et en Europe sur la bourse de croissance TSX (TSXV: CH); sur les marchés OTC (OTCQB: CHHYF); et à la Bourse de Francfort (FSE: K47). Pour plus d’informations, visiter www.charbone.com .

Énoncés prospectifs

Le présent communiqué de presse contient des énoncés qui constituent de « l’information prospective » au sens des lois canadiennes sur les valeurs mobilières (« déclarations prospectives »). Ces déclarations prospectives sont souvent identifiées par des mots tels que « a l’intention », « anticipe », « s’attend à », « croit », « planifie », « probable », ou des mots similaires. Les déclarations prospectives reflètent les attentes, estimations ou projections respectives de la direction de Charbone concernant les résultats ou événements futurs, sur la base des opinions, hypothèses et estimations considérées comme raisonnables par la direction à la date à laquelle les déclarations sont faites. Bien que Charbone estime que les attentes exprimées dans les déclarations prospectives sont raisonnables, les déclarations prospectives comportent des risques et des incertitudes, et il ne faut pas se fier indûment aux déclarations prospectives, car des facteurs inconnus ou imprévisibles pourraient faire en sorte que les résultats réels soient sensiblement différents de ceux exprimés dans les déclarations prospectives. Des risques et des incertitudes liés aux activités de Charbone peuvent avoir une incidence sur les déclarations prospectives. Ces risques, incertitudes et hypothèses comprennent, sans s’y limiter, ceux décrits à la rubrique « Facteurs de risque » dans la déclaration de changement à l’inscription de la Société datée du 31 mars 2022, qui peut être consultée sur SEDAR à l’adresse www.sedar.com; ils pourraient faire en sorte que les événements ou les résultats réels diffèrent sensiblement de ceux prévus dans les déclarations prospectives.

Sauf si les lois sur les valeurs mobilières applicables l’exigent, Charbone ne s’engage pas à mettre à jour ni à réviser les déclarations prospectives.

Ni la Bourse de croissance TSX ni son fournisseur de services de réglementation (tel que ce terme est défini dans les politiques de la Bourse de croissance TSX) n’acceptent de responsabilité quant à la pertinence ou à l’exactitude du présent communiqué.

Pour contacter Corporation Charbone Hydrogène :

Téléphone bureau: +1 450 678 7171

Courriel: ir@charbone.com

Benoit Veilleux

Chef de la direction financière et secrétaire corporatif

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

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Investing

CHARBONE Hydrogen Executed a Master Collaborative Agreement to Receive 1M USD to Support the Deployment of a Malaysian Green Hydrogen Project Development for a Local Partner

Investing 5 Mins Read

(TheNewswire)

The CHARBONE team will serve as expert matter advisors to a private Malaysian financial group for the development and construction of their first modular and scalable production facility in the Asia-Pacific region.

Brossard, Quebec TheNewswire – June 25, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the ‘Company’ or ‘CHARBONE ‘), North America’s only publicly traded pure-play company focused on green hydrogen production and distribution, is pleased to announce that it has executed a Master Collaborative Agreement with Green Hydrogen ASIAPAC SDN BHD to support the deployment of its first dihydrogen Ultra High Purity (UHP) production flagship facility in Malaysia, based on the CHARBONE modular and scalable model. The decentralized distributed approach for end-users will be part of a new sustainable ecosystem in Malaysia and could eventually be extended to the Asia Pacific region, where CHARBONE could leverage its expertise.

Through the collaboration agreement, CHARBONE will provide experience in various areas of a complete project development, construction, and operation of the facility. This includes, but is not limited to, site selection, interconnection, power purchase and offtake agreements, front-end engineering and design (FEED), project financing, and the identification and selection of appropriate suppliers, such as engineering, production, and distribution equipment.

CHARBONE will share its extensive experience and knowledge gained over the last five years and monetize it. In return, it will diversify and increase its revenue stream through a collaborative approach that will be replicated with other partners and countries in the region, benefiting its shareholders who have been strong supporters of the CHARBONE model for years.

The Collaborative Agreement will provide CHARBONE with a single one-time fee that can be paid in cash or invested in the project. CHARBONE is currently negotiating similar agreements and arrangements with other partners in different regions of the globe.

‘ This agreement recognized all the efforts that CHARBONE has deployed over the last five (5) years to create a sustainable ecosystem model that works in the real world and not only in the North American market ,’ said Dave Gagnon, President and CEO of Charbone. He continued , ‘ when you look at the current hydrogen market, you do realize that the two most promising markets are North America and Asia-Pacific, which we are starting now. ‘

‘ We are delighted to formalize this strategic collaboration with CHARBONE. Their proven modular and decentralized approach aligns perfectly with our vision to accelerate the adoption of green hydrogen in Malaysia and the wider Asia-Pacific region. By leveraging CHARBONE’s unique expertise and advisory capabilities, we are confident that we will deliver a high-quality, scalable, and sustainable production project that will serve as a blueprint for future developments ,’ said Kamshul Kasim, Executive Chairman of Green Hydrogen ASIAPAC SDN BHD. He continued , ‘ this partnership marks a significant milestone in our commitment to contribute to Malaysia’s clean energy transition and to position ourselves at the forefront of the emerging green hydrogen economy in the region. ‘

About CHARBONE Corporation

CHARBONE is an integrated company specialized in Ultra High Purity (UHP) hydrogen and the strategic distribution of industrial gases in North America and the Asia-Pacific region. It is developing a modular network of green hydrogen production while partnering with industry players to supply helium and other specialty gases without the need to build costly new plants. This disciplined strategy diversifies revenue streams, reduces risks, and increases flexibility. The CHARBONE group is publicly listed in North America and Europe on the TSX Venture Exchange (TSXV: CH), the OTC Markets (OTCQB: CHHYF), and the Frankfurt Stock Exchange (FSE: K47). For more information, visit www.charbone.com .

Forward-Looking Statements

This news release contains statements that are ‘forward-looking information’ as defined under Canadian securities laws (‘forward-looking statements’). These forward-looking statements are often identified by words such as ‘intends’, ‘anticipates’, ‘expects’, ‘believes’, ‘plans’, ‘likely’, or similar words. The forward-looking statements reflect management’s expectations, estimates, or projections concerning future results or events, based on the opinions, assumptions and estimates considered reasonable by management at the date the statements are made. Although Charbone believes that the expectations reflected in the forward-looking statements are reasonable, forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on forward-looking statements, as unknown or unpredictable factors could cause actual results to be materially different from those reflected in the forward-looking statements. The forward-looking statements may be affected by risks and uncertainties in the business of Charbone. These risks, uncertainties and assumptions include, but are not limited to, those described under ‘Risk Factors’ in the Corporation’s Filing Statement dated March 31, 2022, which is available on SEDAR at www.sedar.com; they could cause actual events or results to differ materially from those projected in any forward-looking statements.

Except as required under applicable securities legislation, Charbone undertakes no obligation to publicly update or revise forward-looking information.

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

Contact Charbone Hydrogen Corporation

Telephone: +1 450 678 7171

Email: ir@charbone.com

Benoit Veilleux

CFO and Corporate Secretary

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

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Editor's pick

Carney says Trump is no longer interested in annexing Canada

Editor's pick 2 Mins Read

Canada believes US President Donald Trump is no longer interested in turning it into the 51st state, Prime Minister Mark Carney said Tuesday.

“He admires Canada,” Carney told Amanpour. “I think it’s fair to say, maybe for a period of time (he) coveted Canada.”

Carney has frequently pronounced the old, close partnership between Canada and the United States as “over.” He began his term by courting European partners in the United Kingdom and France, and even collaborating with Australia on new radar systems for the Canadian Arctic.

Still, Carney credited Trump for pushing Canada toward higher defense spending, especially meeting the defense spending benchmark for NATO members.

“The president is focused on changing a series of bilateral relations,” Carney told Amanpour. “We’re at NATO. He’s been focused on making sure that all members, Canada included … pay their fair share. I think we’re doing that now.”

Trump now has the “potential to be decisive” in the situation in the Middle East, Carney also told Amanpour. While a broader peace in the region is the ultimate goal, he added, the current priority should be getting “the basics”: a ceasefire, a full resumption of humanitarian aid and the release of all hostages held in the strip.

“He’s used his influence and US power in other situations. We’ve just seen it in Iran. It does create possibility of moving forward and there’s a moral imperative to move forward,” Carney added.

The Canadian leader also credited Iran for its “proportionate” response to the US having bombed three nuclear sites: a highly telegraphed strike on a regional US military base, which was largely intercepted.

“The military action was also a diplomatic move by Iran. We never welcome, obviously, hostilities and reactions, but it was proportionate, it was de-escalatory, it appears to have been previewed,” Carney said.

This post appeared first on cnn.com

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Editor's pick

The US Army once ruled Pyongyang and 5 other things you might not know about the Korean War

Editor's pick 10 Mins Read

Seventy-five years ago this week, more than 135,000 North Korean troops invaded South Korea, starting a war that cost millions of lives and left scars that linger to this day.

Yet, the Korean War has been forever overshadowed by World War II, a much larger conflict that ended less than five years earlier. Even the US Army refers to Korea as “the Forgotten War” – despite more than 36,000 American lives lost.

Sixteen nations, including the United States, sent combat troops in aid of South Korea under the United Nations Command. Chinese troops intervened on the North Korean side.

War broke out on June 25, 1950, when North Korean forces stormed across the 38th parallel dividing North and South Korea. An armistice signed on July 27, 1953, stopped the conflict, but the war never officially ended because there was no peace treaty.

While the twists and turns of today’s US-North Korea relationship have put a spotlight on the Korean War’s legacy, it is still a widely overlooked conflict.

Here are six things you might not know about the Korean War:

The US Army once controlled one of the world’s most secretive cities

It’s almost impossible for Americans to travel to North Korea or its capital city Pyongyang. US passport holders are not allowed to go there without special permission from the US State Department.

But for eight weeks in 1950, Pyongyang was under control of the US Army.

On October 19 of that year, the US Army’s 1st Cavalry Division along with a division of South Korean soldiers captured the North Korean capital, according to US Army histories.

The US forces quickly made themselves at home, according to the histories.

By October 22, the US Eighth Army had set up its advance headquarters in what was the headquarters building for North Korean leader Kim Il Sung.

A picture from the time shows an American intelligence officer sitting at Kim’s desk with a portrait of Soviet Union leader Joseph Stalin hanging on the wall behind him.

But the US military’s occupation of Pyongyang was short-lived. When Chinese troops entered the war in late November 1950, they quickly pushed south and vanquished US forces from Pyongyang by December 5.

The US dropped more bombs on North Korea than on the entire region during WWII

Most images of the Korean War are of ground battles fought in places like the Chosin Reservoir and Incheon. But much of the destruction wreaked on North Korea by the US military was done in a relentless bombing campaign.

During the three years of the Korean War, US aircraft dropped 635,000 tons of bombs – both high explosive and incendiary – on North Korea. That’s more than the 500,000 tons of bombs the US dropped in the Pacific in the entirety of the Second World War, according to figures cited by historian Charles Armstrong in the Asia-Pacific Journal.

Journalists, international observers and American prisoners of war who were in North Korea during the war reported nearly every substantial building had been destroyed. By November 1950, North Korea was advising its citizens to dig holes for housing and shelter.

North Korea didn’t keep official casualty figures from the bombings, but information obtained from Russian archives by the Wilson Center’s Cold War International History Project put the number at more than 280,000.

Gen. Curtis LeMay, the father of US strategic bombing and the architect of fire raids that destroyed swathes of Japanese cities in World War II, said this of the American bombing of North Korea:

“We went over there and fought the war and eventually burned down every town in North Korea anyway, some way or another.”

Armstrong said that bombing of North Korea has effects that linger to this day.

“The DPRK (Democratic Republic of Korea) government never forgot the lesson of North Korea’s vulnerability to American air attack, and for half a century after the Armistice continued to strengthen antiaircraft defenses, build underground installations, and eventually develop nuclear weapons to ensure that North Korea would not find itself in such a position again,” Armstrong wrote.

North Korea convinced the Soviet Union and Joseph Stalin to let the war happen

When World War II ended, control of the Korean Peninsula – occupied by defeated Japanese troops – was divided between the Soviet Union in the north and the United States in the south.

Kim Il Sung, the leader of North Korea, wanted to unite the two Koreas under communist rule and sought permission of Soviet leader Joseph Stalin to do so by force, according to records from the Wilson Center.

Upon Kim’s first request to invade in March 1949, Stalin was wary and did not want to be pulled into a conflict with the United States, which still had occupation troops in South Korea.

But when those troops were pulled in the summer of 1949, Stalin’s opposition softened, and by April 1950 the Soviet leader was ready to hear Kim out again when the North Korean leader visited Moscow.

Stalin told Kim that the USSR would back the invasion, but only if Kim got communist China to approve too.

Emboldened by communist China’s victory over Nationalist forces in 1949 – in a civil war in which Washington did not intervene – Chinese leader Mao Zedong agreed and offered to be a backup force for North Korean troops in the eventuality the US intervened.

With that, Kim had the green light to invade.

The Korean War saved Taiwan from a potential communist takeover

In 1949, communist China was amassing forces along its coast to invade Taiwan, the island to which Chiang Kai-shek and his Nationalist forces had fled after losing to Mao and the communists in the Chinese Civil War.

But the outbreak of the Korean War put a big roadblock in the way of communist China’s plans – the US Navy. Fearful of the fighting in Korea spreading across East Asia, President Harry Truman dispatched US warships to the waters between China and Taiwan.

The US State Department tells how close Taiwan, now a self-governed democaracy that Beijing still claims as part of China, came to a potential communist takeover.

“In late 1949 and early 1950, American officials were prepared to let PRC (People’s Republic of China) forces cross the Strait and defeat Chiang, but after the outbreak of the Korean War in June 1950, the United States sent its Seventh Fleet into the Taiwan Strait to prevent the Korean conflict from spreading south,” reads a passage from the department’s Office of the Historian.

“The appearance of the Seventh Fleet angered the Chinese communists, who transferred their troops poised for an invasion of Taiwan to the Korean front,” it reads.

By October 19, 1950, 12 divisions of communist Chinese troops, more than a quarter-million men, were in North Korea, according to a Brookings Institution account.

Those Chinese troops would inflict horrific losses on the US and South Korean troops they faced, eventually driving them out of North Korea completely.

But China also suffered massive losses; more than 180,000 of its troops were killed.

The first jet-vs-jet dogfight

Jet fighters entered military service in World War II with the introduction of the German Messerschmidt 262. But the jet fighters didn’t go head-to-head in a “Top Gun”-style dogfight until the Korean War.

Records seem to agree that first dogfight occurred over Sinuiju in North Korea, near the Yalu River, and its border with China on November 8, 1950. The Americans, flying F-80 Shooting Star jets, were confronted by MiG-15s, Soviet-made jets that were probably being piloted by Soviet pilots from bases in China.

According to a report from the historian of the US Air Force’s 51st Fighter Wing, eight to 12 MiGs came after an American flight of four F-80s that day. In a 60-second encounter with one of those MIGs, Air Force 1st Lt. Russell Brown hit a MiG-15 with fire from his jet’s cannon and saw it explode in flames, becoming the first jet fighter pilot to score a kill in a dogfight, the report says.

But others dispute that account, with a report from the US Naval Institute (USNI) saying that Soviet records show no MiGs were lost that day.

What is certain is that the next day, November 9, 1950, US Navy Lt. Cmdr. William Amen, flying an F9F fighter off the aircraft carrier USS Philippine Sea, shot down a MiG-15 during airstrikes against bridges on the Yalu River.

Soviet records confirm the MiG-15 loss that day, according to the USNI report.

Later in the war, the US introduced the F-86 jet to the Korean conflict. That plane won fame in battles against the MiG-15 in what was know as “MiG Alley,” the area along the Korea-China border, where the Soviet pilots flew out of bases on the Chinese side.

The National Museum of the US Air Force in Ohio explains MiG Alley this way:

“Large formations of MiGs would lie in wait on the Manchurian side of the border. When UN aircraft entered MiG Alley, these MiGs would swoop down from high altitude to attack. If the MiGs ran into trouble, they would try to escape back over the border into communist China. (To prevent a wider war, UN pilots were ordered not to attack targets in Manchuria.) Even with this advantage, communist pilots still could not compete against the better-trained Sabre pilots of the US Air Force, who scored a kill ratio of about 8:1 against the MiGs.”

The United States never declared war

Though millions of lives were lost during the fighting on the Korean Peninsula between 1950 and 1953, they were technically casualties of what was called a “police action.”

Under the US Constitution, only the US Congress can declare war on another nation. But it has not done so since World War II.

When North Korea invaded the South in 1950, US President Harry Truman sent the US military to intervene as part of a combined effort approved by the United Nations Security Council.

“Fifteen other nations also sent troops under the UN command. Truman did not seek a formal declaration of war from Congress; officially, America’s presence in Korea amounted to no more than a ‘police action,’” reads a passage from the US National Archives.

And those police actions have become the norm for US military intervention ever since. The Vietnam War, the wars in Iraq, Afghanistan and Kosovo, all have seen US troops enter combat under congressional authorizations for the use of military force (AUMF), according to the US House of Representatives website.

Though the AUMF had been around since the beginning of the republic, “after World War II … AUMFs became much broader, often granting Presidents sweeping authority to engage America’s military around the world,” the US House website says.

“The war was the first large overseas US conflict without a declaration of war, setting a precedent for the unilateral presidential power exercised today,” Emory University law professor Mary Dudziak wrote in a 2019 opinion column for the Washington Post.

“The Korean War has helped to enable this century’s forever wars,” Dudziak wrote.

This post appeared first on cnn.com

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Business

How Fanatics is teaching business acumen to pro athletes

Business 5 Mins Read

Sports merchandising giant Fanatics is aiming to build a training camp for athletes to prepare them for life off the field.

More than two dozen NBA, NFL and NHL players participated in the company’s Athlete Immersion Program this past weekend as part of Fanatics Fest in New York City. The program included three days of workshops on business, entrepreneurship, tech and more.

“This definitely opened my eyes,” said Cole Anthony, a guard for the NBA’s Memphis Grizzlies. “I’m already trying to do things on the business side with my partners, my family. It just motivates me more.”

The “coaches” for the business boot camp included Fanatics founder Michael Rubin, Goldman Sachs CEO David Solomon, Apollo Global cofounder and Philadelphia 76ers managing partner Josh Harris, Raising Cane’s founder Todd Graves, ESPN Chairman Jimmy Pitaro and Boardroom cofounder and CEO Rich Kleiman.

Aaron Donald, who retired from the NFL’s Los Angeles Rams in 2024 after winning the Super Bowl, has already begun a new career in business, including an ownership stake in sports nutrition company Ready. But Donald, likely a future Hall of Famer, said he was blown away by the all-star team of business leaders.

“I think it’s one of hell of an opportunity,” said Donald. “I’m in a room with guys running companies worth billions of dollars. How many opportunities are you going to get to do that? You have to take advantage of all of those opportunities and knowledge.”

Fanatics launched the Athlete Immersion Program in 2023 and this year is partnering with Boardroom, a media and advisory company cofounded by Kleiman and NBA superstar Kevin Durant.

“I think it’s great to be able to give them a bit of a blueprint,” said Kleiman. “Being able to put them in the room with people that have the answers, that have done it, that lead industries. I think you get so much power and opportunity just from the information you get from watching, from learning and from being in these rooms and understanding how to move.”

Kleiman pointed to former NBA player Junior Bridgeman, who made less than $3 million during his 12-year career in the league, but built a net worth of more than $1 billion after retirement primarily through investments in Wendy’s, Pizza Hut and Chili’s franchises and then later through Coca-Cola distribution.

“What he did, he’s exceptional,” said Kleiman of Bridgeman, who died in March. “He wasn’t just a name. He actually built an operational team, built them up, oversaw them, and he was a tycoon of a business mind.”

Fanatics Chief People Officer Toretha McGuire said the program is focused on helping athletes use their playing days, what they describe as their “1.0 career” to fuel their “2.0 career.”

It’s an experience similar to a business school with lectures, case studies and projects, in which each athlete creates their own limited-edition clothing line with vintage sports apparel company Mitchell & Ness, a subsidiary of Fanatics.

“They go through a base business case, we teach them business fundamentals, we take them through the Fanatics business case where we bring them to 2021 where Michael [Rubin] did a final capital raise and we basically say, ‘What would you have done?’” McGuire said.

Most professional athletes retire from playing when they’re still young, she added.

“The opportunities they have in their 1.0 careers in terms of access and expanding their networks are going to be very critical,” she said.

Graves, who founded the popular fried chicken chain Raising Cane’s, spoke on a panel about the realities and challenges of entrepreneurship

“If you absolutely want to start a business, imagine how hard it is, multiply that by infinity to be able to make it work,” he said. “You have to be passionate, you have to be in the details 100%. And you have to know what you don’t know, right? So that is bringing in great people to try and grow it.”

The Athlete Immersion Program is meant to be a continuous learning opportunity through which players receive support, education and networking opportunities from Fanatics and Boardroom before and after they begin their business journey.

The next session will be held in December for WNBA, NWSL and MLB athletes in the offseason.

For Anthony, who was recently traded to the Grizzlies from the Orlando Magic, it’s also shown him the real parallels between competing in sports and competing in business.

“The common thing with everyone who has spoken to us and I’ve been able to talk to one-on-one is that every person I met here has been a grinder,” he said. “They make whatever it is they are passionate about, or what they are working on their priority. I think that’s just dope to hear from other people I can relate to in that sense.”

A decade ago, reports suggested 16% of NFL players ultimately filed for bankruptcy — a sign of the type of financial strain many professional athletes face and a cautionary tale of life after the game.

But today, many of the people participating in the Fanatics curriculum believe opportunities like the Athlete Immersion Program can change the narrative — and their financial future.

For Donald, who will be remembered as one of the greatest defenders in NFL history, the focus now is finding the greatest opportunities for the next chapter of his life.

“It would be silly for me to stop the hard work, discipline, the structure that got me to a certain point,” he said. “I’m trying to build generational wealth for my kids.”

This post appeared first on NBC NEWS

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Investing

Questcorp Mining Announces Commencement of Phase 1 Work at the La Union Gold Project

Investing 6 Mins Read

Questcorp Mining Inc. (CSE: QQQ) (OTCQB: QQCMF) (FSE: D910) (the ‘Company’ or ‘Questcorp’) is pleased to announce the commencement of the first phase work program at its La Union carbonate replacement deposit (CRD) project, located in Sonora, Mexico. Questcorp is earning a 100% interest from Riverside Resources Inc. in the 2,520 ha (25 km sq) property by making a series of cash payments and share issuance and completing a series of exploration expenditures.

The initial stages of phase one will concentrate on finalizing the location of drill targets and drill pads for the upcoming drill program. Field activities are underway and include:

  • Establishment of 5 to 6 one kilometre picket lines for IP surveying which commenced on Monday. The IP lines are being run over the heart of some of the past mining areas which continue to be known expansive target areas to help evaluate further potential, possible most favorable zones and assist to model the larger context for the upcoming drill holes. This work further de-risks the up-coming first pass drill holes.
  • Sampling of limestone and dolomite host rocks across the mineralization from country rock through to the heart of mineralization for Black Light analysis and alteration vector modeling. The objective is to use the changes or variance in fluorescence to map alteration patterns to vector into the heart of the manto and chimney plumbing systems.
  • Geological mapping of drill collar sites and section lines particularly along the surface of the IP lines to help develop the most accurate interpretations of the IP data for drill hole planning.
  • Rock and soil sampling of peripheral areas to identify additional targets including study of the stratigraphy for understanding and context with the many mineralization showings on the large district holding.

‘We are extremely pleased to initiate the fully funded first phase work program at La Union,’ commented Questcorp President & CEO Saf Dhillon. ‘We are first concentrating on de-risking the upcoming 1,500 metre drill program scheduled for mid to late Q3 through alteration mapping and IP geophysics,’ he continued. ‘Under the technical expertise of John-Mark Staude and the Riverside team we are confident we are maximizing every exploration dollar being invested at La Union,’ he concluded.

Riverside Resources Inc. President & CEO John-Mark Staude stated ‘The work program is going well, I have been in the field this past week with the exploration team and pleased to see the safe, high quality focus of good work and diving into careful review of the planned drill sites and now the IP program is underway. It is great to work with Saf, Tim and the entire Questcorp organization.’

The La Union Project

The La Union Project is a carbonate replacement deposit (‘CRD‘) project hosted by Neoproterozoic sedimentary rocks (limestones, dolomites, and siliciclastic sediments) overlying crystalline Paleoproterozoic rocks of the Caborca Terrane. The structural setting features high-angle normal faults and low-to-medium-angle thrust faults that sometimes served as mineralization conduits. Mineralization occurs as polymetallic veins, replacement zones (mantos, chimneys), and shear zones with high-grade metal content, as shown in highlight grades of 59.4 grams per metric tonne (g/t) gold, 833 g/t silver, 11% zinc, 5.5% lead, 2.2% copper, along with significant hematite and manganese oxides, consistent with a CRD model (see the technical report entitled ‘NI 43-101 Technical Report on the Union Project, State of Sonora, Mexico’ dated effective May 6, 2025 available under Questcorp’s SEDAR+ profile). These targets also demonstrate intriguing potential for large gold discoveries potentially above an even larger porphyry Cu district potential as the Company’s target concept at this time.

Questcorp cautions investors grab samples are selective by nature and not necessarily indicative of similar mineralization on the property.

Riverside, the operator of the La Union Project, is currently lining up the various geophysical contractors to immediately undertake orientation surveys and follow up detailed survey to confirm and enhance the drill targets.

The technical and scientific information in this news release has been reviewed and approved by R. Tim Henneberry, P. Geo (BC), a director of the Company and a ‘qualified person’ under National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Questcorp Mining Inc.

Questcorp Mining Inc. is engaged in the business of the acquisition and exploration of mineral properties in North America, with the objective of locating and developing economic precious and base metals properties of merit. The Company holds an option to acquire an undivided 100% interest in and to mineral claims totaling 1,168.09 hectares comprising the North Island Copper Property, on Vancouver Island, British Columbia, subject to a royalty obligation. The Company also holds an option to acquire an undivided 100% interest in and to mineral claims totaling 2,520.2 hectares comprising the La Union Project located in Sonora, Mexico, subject to a royalty obligation.

Contact Information

Questcorp Mining Corp.
Saf Dhillon, President & CEO
Email: saf@questcorpmining.ca
Telephone: (604) 484-3031

This news release includes certain ‘forward-looking statements’ under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements with respect to Riverside’s arrangements with geophysical contractors to undertake orientation surveys and follow up detailed survey to confirm and enhance the drill targets. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: the ability of Riverside to secure geophysical contractors to undertake orientation surveys and follow up detailed survey to confirm and enhance the drill targets as contemplated or at all, general business, economic, competitive, political and social uncertainties, uncertain capital markets; and delay or failure to receive board or regulatory approvals. There can be no assurance that the geophysical surveys will be completed as contemplated or at all and that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256556

News Provided by Newsfile via QuoteMedia

This post appeared first on investingnews.com

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Investing

Allied Critical Metals Appoints Vitor Arezes as Vice President, Exploration

Investing 4 Mins Read

(TheNewswire)

Vancouver, BC June 24, 2025 TheNewswire – Allied Critical Metals Inc. (CSE: ACM | FSE: 0VJ0) (‘Allied’ or the ‘Company’), which is focused its 100% owned past producing Borralha and Vila Verde tungsten projects in northern Portugal, is pleased to announce the appointment of Mr. Vítor Arezes as Vice President, Exploration.

Mr. Arezes brings over 14 years of experience in geological exploration, project development, mining operations, and project evaluation across Portugal and internationally. His distinguished career includes senior technical and leadership roles in exploration and mining companies, with a strong focus on tungsten, tin, gold and other critical minerals and precious metals. He has led multi-disciplinary teams in the advancement of historical and greenfield projects, particularly within Portugal’s mineral-rich regions.

‘We are proud to welcome Vítor to the Allied team at a pivotal time in our development,’ said CEO Roy Bonnell. ‘His deep technical knowledge, regional expertise, and proven track record will be invaluable as we advance our Borralha and Vila Verde tungsten projects toward production.’

Mr. Arezes is a registered professional geologist as a Professional Member of the Institute of Materials, Minerals and Mining (MIMMM #703197) and has collaborated with numerous governmental and academic bodies in geoscience and mineral development within Portugal and internationally. He also holds an BSc in Geology from University of Minho in Portugal.

This appointment reinforces Allied’s commitment to assembling a best-in-class leadership and operations team as it aims to become a premier Western supplier of tungsten—one of the world’s most strategic critical metals.

About Allied Critical Metals Inc.

Allied Critical Metals Inc. (ACM:CSE | FSE:0VJ0) is a Canadian-based mining company focused on the expansion and revitalization of its 100% owned past producing Borralha Tungsten Project and the Vila Verde Tungsten Project in northern Portugal. Tungsten has been designated a critical metal by the United States and other western countries, as they are aggressively seeking friendly sources of this unique metal. Currently, China, Russia and North Korea represent approximately 86% of the total global supply and reserves. The tungsten market is estimated to be valued at approximately USD $5 to $6 billion and it is used in a variety of industries such as defense, automotive, manufacturing, electronics, and energy.

Please visit our website at www.alliedcritical.com .

Also visit us at:
LinkedIn:
X: https://x.com/@alliedcritical/
Instagram: https://www.instagram.com/alliedcriticalmetals/

On behalf of the Board of Directors

‘Roy Bonnell’

Roy Bonnell
CEO and Director

For further information or investor relations inquiries, please contact:

Dave Burwell
Vice President, Corporate Development
Email: daveb@alliedcritical.com
Tel: 403-410-7907
Toll Free: 1-888-221-0915

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This news release contains ‘forward-looking statements’, including with respect to the use of proceeds. Wherever possible, words such as ‘may’, ‘would’, ‘could’, ‘should’, ‘will’, ‘anticipate’, ‘believe’, ‘plan’, ‘expect’, ‘intend’, ‘estimate’, ‘potential for’ and similar expressions have been used to identify these forward-looking statements. These forward-looking statements reflect the current expectations of the Company’s management for future growth, results of operations, performance and business prospects and opportunities and involve significant known and unknown risks, uncertainties and assumptions, including, without limitation, those listed in the Company’s Listing Statement and other filings made by the Company with the Canadian securities regulatory authorities (which may be viewed under the Company’s profile at www.sedarplus.ca ). Examples of forward-looking statements in this news release include, but are not limited to, statements regarding the proposed timeline and use of proceeds for exploration and development of the Company’s mineral projects as described in the Company’s Listing Statement, news releases, and corporate presentations. Should one or more of these risks or uncertainties materialize or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements may vary materially from those expressed or implied by the forward-looking statements contained in this news release. These factors should be considered carefully, and prospective investors should not place undue reliance on the forward-looking statements. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements and reference should also be made to the Company’s Listing Statement dated April 23, 2025 and news release dated May 16, 2025, and the documents incorporated by reference therein, filed under its SEDAR+ profile at www.sedarplus.ca for a description of additional risk factors. The Company disclaims any intention or obligation to revise forward-looking statements whether as a result of new information, future developments or otherwise, except as required by law.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this press release and has neither approved now disapproved the contents of this press release.

Copyright (c) 2025 TheNewswire – All rights reserved.

News Provided by TheNewsWire via QuoteMedia

This post appeared first on investingnews.com

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US Strikes Iran: What Comes Next For Stocks?

Stock 1 Min Read

In today’s “Weekly Market Recap”, EarningsBeats.com’s Chief Market Strategist Tom Bowley looks ahead to determine the likely path for U.S. equities after the weekend bombing of Iran nuclear sites. Are crude prices heading higher? Will energy stocks outperform? What additional roadblocks might we have to negotiate after the latest Fed meeting and policy statement? Could we see fallout from June monthly options expiring on Friday? Check it all out in the video below….

Happy trading!

Tom

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Stock

Lagging Mid-cap ETF Hits Moment of Truth

Stock 3 Mins Read

The S&P MidCap 400 SPDR (MDY) is trading at a moment of truth as its 5-day SMA returns to the 200-day SMA. A bearish trend signal triggered in early March. Despite a strong bounce from early April to mid May, this signal remains in force because it has yet to be proven otherwise. Today’s report will show how to quantify signals and reduce whipsaws using the percentage difference between two SMAs.

First note that MDY is lagging SPY and QQQ because its 5-day has yet to cross above its 200-day. The latter two saw bullish crosses in mid May, over a month ago. A bullish breakout in MDY would reflect broadening upside participation, which would be bullish for stocks. The PerfChart below shows SPY and QQQ with year-to-date gains. MDY and IWM are down year-to-date. 

 

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TrendInvestorPro continues to follow the leading uptrends and recent breakouts in metals-related ETFs. These include gold, silver, palladium, platinum, copper and associated miners. Tech-related ETFs are also leading and featured in our reports/videos. Click here to learn more and get full access to our research.

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The chart below shows MDY hitting its moment of truth as the 5-day SMA (black line) bumps against the underside of the 200-day SMA (blue line). A bearish cross occurred in late February and this signal has yet to be reversed. However, I am not watching for a simple 5/200 cross. Instead, I want to see the 5-day SMA clear the 200-day SMA by a certain percentage. This is a signal threshold.

The indicator window shows Percent above MA (5,200,1), which measures the percentage difference between the 5 and 200 day SMAs. See the TIP Indicator Edge Plugin for details. I placed signal thresholds at +3% and -3% to reduce whipsaws. A bullish signal triggers with a move above +3% and a bearish signal triggers with a move below -3%. At the very least, this indicator value is still negative and bearish. A move above 0 would reflect a positive 5/200 cross, while a move above +3% would trigger a bullish trend signal. This indicator is part of the TIP Indicator Edge Plugin for StockCharts ACP.

The signal threshold levels depend on your personal preferences and trading styles. Tighter thresholds generate earlier signals, but with more whipsaws. Wider thresholds reduce whipsaws, but increase signal lag. This is always the tradeoff. I prefer plus/minus 1 percent when using the 5/200 cross for SPY. I widened these thresholds to plus/minus 3 percent for MDY because it is more volatile.

TrendInvestorPro continues to follow the leading uptrends and recent breakouts in metals-related ETFs. These include gold, silver, palladium, platinum, copper and associated miners. Tech-related ETFs are also leading and featured in our reports/videos. Click here to learn more and gain immediate access. 

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