FORT WORTH, Texas, Jan. 30, 2026 /PRNewswire/ -- AZZ Inc., ("AZZ" or the "Company") (NYSE: AZZ), the leading independent provider of hot-dip galvanizing and coil coating solutions, today announced its Board of Directors approved a new stock repurchase program (the "2026 Share Repurchase...
COLUMBUS, Miss., Jan. 30, 2026 /PRNewswire/ -- BankFirst Capital Corporation (OTCQX: BFCC) ("BankFirst" or the "Company"), parent company of BankFirst Financial Services, Macon, Mississippi (the "Bank"), reported net income of $10.17 million, or $1.74 per common share, for the fourth...
This ETF's investors have doubled their money in a year.The post Meet the ASX ETF up 119% in a year appeared first on The Motley Fool Australia.
InvestorPlace - Stock Market News, Stock Advice & Trading TipsFor the first time in decades, the U.S. government is no longer standing on the sidelines of innovation – it’s actively directing it.The post Here’s What Happens When Washington Decides It Can’t Lose appeared first on InvestorPlace.
At 35, Canadians average $15,186 in TFSAs and $82,100 in RRSPs. Here's how to use both accounts to build tax-free retirement income streams.The post Here’s the Average Canadian TFSA and RRSP at Age 35 appeared first on The Motley Fool Canada.
TORONTO, Jan. 30, 2026 /PRNewswire/ - New Gold Inc. ("New Gold" or the "Company") (TSX: NGD) (NYSE: NGD) is pleased to announce that the Supreme Court of British Columbia has issued a final order approving the previously announced plan of arrangement under the Business Corporations Act...
LPL Financial (NASDAQ:LPLA – Get Free Report) had its price objective lifted by JPMorgan Chase & Co. from $433.00 to $439.00 in a report issued on Friday,Benzinga reports. The firm currently has an “overweight” rating on the financial services provider’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 20.44% from the [...]
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Intel is back in focus as Apple reportedly looks to use its U.S. foundries, sparking fresh debate over whether INTC stock is worth buying now.
Gold Drops 12% as Overleveraged Crypto Positions Force $1B Metals SelloffWhen gold nose-dived 12% and silver crashed 33% in just one trading session on Friday, market chatter focused almost entirely on Kevin Warsh’s Fed nomination and a stronger dollar. But that simple narrative misses what actually happened: 79% of the drop had absolutely nothing to do with monetary policy.Instead, the crash was a mechanical chain reaction waiting to happen. It was set off by three connected forces that hardly anyone is reporting: a massive $1.68 billion wave of cryptocurrency margin calls, regulators quietly raising margin requirements across three continents, and trading algorithms that trapped the market in a feedback loop, turning a standard 5% correction into a 12% cliff dive.Understanding how this machinery broke is important because it reveals the structural bull case for precious metals (fiscal dominance, central banks dumping dollars, and the silver supply shortage) is still completely solid. The thesis didn’t break. The leverage did.Gold chart showing the 12% correction this FridayThe Crypto Connection Nobody Saw ComingThe crash didn’t actually start in the gold pits. It started in the Bitcoin futures markets. On January 29, Bitcoin fell from above $88,000 to below $85,000 in just minutes, triggering $1.68 billion in forced selling across cryptocurrency exchanges. That is the largest single-day wipeout since FTX collapsed.Here’s the interesting part: 93% of those trades were long positions being forced closed, not people choosing to sell. And the damage was highly concentrated: Hyperliquid alone saw $598 million liquidated, with 94% of that being leveraged long bets.But why would a crypto crash tank gold and silver?The answer is “portfolio margin” accounts. These are sophisticated setups that hedge funds and pro traders use to treat all their bets (crypto, metals, stocks) as one big pool of collateral. When one part of the portfolio collapses and triggers a margin call, the trader has to sell something immediately to raise cash.Think of it like this: You have a loan on a Ferrari (Bitcoin) and a mortgage on your house (Gold). Suddenly, the Ferrari crashes and is worth zero. The bank calls you demanding cash to cover the loan. You can’t sell the wrecked Ferrari, so you have to sell the house immediately to pay the debt. The house was fine (it had nothing to do with the crash), but it gets sold anyway because that’s where the money is.A trader holding $5 million in Bitcoin futures, $3 million in gold futures, and $2 million in equity futures needs roughly $400,000 in margin at 5:1 leverage. When Bitcoin crashes and wipes out $200,000 in value, the whole portfolio’s safety buffer evaporates. The trader suddenly needs $425,000 in margin but only has $200,000 left.The forced choice was to sell whatever is ...Full story available on Benzinga.com
Ever witnessed crypto volatility at its peak, like the January 2026 market turmoil where Bitcoin dipped below $84,000, triggering $1.7 billion in liquidations and extreme fear among investors? Amid significant whale activity pushing Shiba Inu (SHIB) to $0.0000073-$0.0000075 and SPX6900
Representatives from Coinbase, crypto trade groups and banking organizations are expected to meet next week to discuss the treatment of stablecoin rewards.