Alice Queen (AQX:AU) has announced Horn Island Project Update
Download the PDF here.
This post appeared first on investingnews.com
Palladium is a lesser-known option for precious metals investors compared to gold and silver, but there are several avenues for investing in the platinum-group metal.
Recently, growing demand and a supply deficit and increased interest have driven interest in ways to invest in palladium. At the same time, precious metals such as gold, silver and the platinum group metals are seeing an influx of safe-haven buying.
Here’s an overview of different ways that market participants can invest in palladium, including profiles of palladium stocks, plus palladium ETFs, bullion and futures.
In this article
What is palladium?
Palladium is a silver-white precious metal that is ductile, durable and resistant to corrosion. The metal also has a high melting point. Its symbol on the periodic table of elements is Pd.
Palladium is included in the platinum-group metals (PGMs) category, which also includes platinum, rhodium, iridium, ruthenium and osmium.
What is palladium used for? Palladium’s biggest use is in catalytic converters in gasoline-powered vehicles as it converts pollutants like hydrocarbons and carbon monoxide into water, carbon dioxide and more.
Palladium demand trends
Total palladium demand for 2025 is expected to come in at 9.63 million ounces, down about 4 percent from the previous year’s demand, according to the World Platinum Investment Council (WPIC), which provides quarterly market overviews.
Palladium’s four biggest demand sectors are automotive at 80.7 percent, industrial at 14.1 percent, investment at 2.9 percent and jewelry at 2.3 percent.
In the automotive industry, palladium is used in catalytic converters for vehicle exhaust systems, especially for gasoline engines. High prices for the metal in the early 2020s led to its sister metal platinum being increasingly substituted for palladium.
Demand from this sector is expected to decline by more than 4 percent year-on-year in 2025 to 7.74 million ounces as global auto sales and production are dropping during this period of economic uncertainty.
Another important factor impacting this segment of the market is the growing market for electric vehicles (EVs), which do not require catalytic converters as they don’t create polluting emissions. The transition to electric is placing downward pressure on palladium demand from the auto sector. However, the slowdown in EV adoption worldwide is lessening the impact.
Demand dynamics are shifting within the auto sector following the enactment of the Trump Administration’s One Big Beautiful Bill. Part of the legislation includes an end to EV tax credits that provided up to US$7,500 to consumers who purchased an EV.
Palladium supply trends
In top palladium country South Africa, there have been many mine disruptions in recent years, largely due to strikes, energy shortages and a lack of long-term investment in production facilities. Despite those risks, miners are still moving forward with palladium development in the region.
Russia is the source of 39 percent of global mined palladium supply. The country’s war in Ukraine has placed it at the other end of the sanctions sword as the world’s leaders try to force President Vladimir Putin to end the bloodshed. In April 2022, bourses in London and Chicago suspended two state-owned Russian refiners from their goods-delivery and sponge-accreditation lists. The US and UK took further steps in 2024 to banned trading of refined Russian metals, including palladium, from exchanges.
Despite a 4 percent decline year-over-year in palladium supply, the WPIC estimates that palladium is set to face supply deficits in 2025 and 2026. This is a continuation of an ongoing supply-demand imbalance in the palladium market. Mine supply of the metal is expected to decline by a compound annual growth rate of 1.1 percent from 2024 to 2029.
In 2025, according to WPIC estimates, palladium supply will see a shortfall of 260,000 ounces of the metal, down significantly from the 689,000 ounce deficit recorded in the previous year.
The market is expected to transition into a surplus in 2027. However, that outlook could change if the palladium recycling segment does not ramp up.
“Notably, the forecast of palladium going into surplus is entirely contingent on recycling supply growth,” states the WPIC. “If this does not materialise then palladium could remain in a deficit for the foreseeable future, which could materially alter palladium value expectations.”
How to invest in palladium
Investors who want exposure to palladium’s market dynamics and the palladium price may be interested in investing in the metal. There are several ways to invest in palladium, including palladium mining stocks, PGM ETFs, palladium bars and coins, and palladium futures.
Palladium stocks
One option investors can use to gain exposure to palladium is investing in palladium mining stocks and junior exploration stocks. Investors can buy palladium stocks through stock brokers and online stock-trading platforms.
Investing in primary palladium companies can be tricky, as most of the world’s palladium is produced as a by-product of platinum and nickel mines. However, companies with diversified exposure to metals can also provide protection during down markets for palladium with revenue from their other products.
To help you learn about palladium stocks you can buy, we profile palladium miners and junior PGM exploration companies below.
Major palladium mining stocks
Eastern Platinum (TSX:ELR,OTC Pink:ELRFF)
Eastern Platinum, or Eastplats, has a number of directly and indirectly owned PGM assets in the Bushveld Complex of South Africa. Eastplats is ramping up production of PGMs, including palladium, and chrome concentrates at Crocodile River’s new Zandfontein underground mine.
Impala Platinum Holdings (OTCQX:IMPUF,JSE:IMP)
Impala Platinum, or Implats, is one of the most prominent platinum and palladium mining companies in the world. The company has majority ownership or joint ventures in four PGM mining operations and a refining facility in South Africa’s Bushveld Complex, two PGM mining operations in Zimbabwe and the Lac des Iles PGM mine in Ontario, Canada.
Sibanye Stillwater (NYSE:SBSW,JSE:SSW)
Sibanye Stillwater is one of the world’s largest primary platinum and palladium producers, and its circular economy business model includes palladium recycling. The company has numerous PGM operations in South Africa and the US. Its US Stillwater and East Boulder operations are in Montana’s Stillwater Complex, the country’s largest source of PGMs.
Valterra Platinum (LSE:VALT,JSE:VAL,OTC Pink:ANGPY)
Valterra Platinum, formerly Amplats, is a leading primary producer of PGMs, supplying mined and recycled platinum products. The company’s operations are the Mogalakwena PGM mine, Amandelbult complex and Mototolo mine in South Africa’s Bushveld Complex. Valterra was demerged from Anglo American (LSE:AAL,OTC Pink:AAUKF) in 2025.
Junior palladium stocks
The following TSXV- and TSX-listed companies are examples of smaller-scale stocks that offer investors exposure to palladium, in addition to platinum and other metals.
Bravo Mining (TSXV:BRVO,OTCQX:BRVMF)
Bravo Mining owns the Luanga PGM-gold-nickel project in the Carajás Mineral Province of Brazil. The project’s 2025 mineral resource estimate shows measured and indicated resources of 10.4 million ounces of palladium equivalent at 2.04 grams per metric ton (g/t).
Canada Nickel Company (TSXV:CNC,OTCQX:CNIKF)
Canada Nickel Company is advancing its Crawford nickel-cobalt sulfide project in the Timmins-Cochrane mining camp of Ontario. The project also hosts significant palladium and platinum mineralized zones.
Canadian North Resources (TSXV:CNRI,OTCQX:CNRSF),
Canada North Resources owns the late-stage Ferguson Lake exploration project in the Kivalliq Region of Nunavut, Canada. The polymetallic project hosts base metals nickel, copper and cobalt as well as PGMs, including 3.53 million ounces of palladium and 630,000 ounces of platinum in the indicated category.
Chalice Mining (ASX:CHN)
Chalice Mining owns the Gonneville project in Western Australia, which holds palladium, platinum, nickel, cobalt and copper. The Western Australia government designated Gonneville a strategic project in recognition of the project’s importance for the country’s critical metals industry, and Chalice expects to complete its pre-feasibility study in November 2025.
Clean Air Metals (TSXV:AIR,OTCQB:CLRMF)
Clean Air Metals is focused on its wholly owned exploration-stage Thunder Bay North critical minerals project in the Thunder Bay region of Ontario, Canada. The project hosts platinum, palladium, copper and niobium mineralization, with an indicated resource of 1.2 million ounces of combined platinum and palladium.
GT Resources (TSXV:GT)
GT Resources is developing critical green transportation metals projects in North America and Europe. Its portfolio includes the North Rock copper-palladium-platinum project in Canada, and the Läntinen Koillismaa copper-palladium-platinum project in Finland.
Ivanhoe Mines (TSX:IVN,OTCQX:IVPAF),
Ivanhoe Mines is developing the Platreef project in South Africa. The Robert Friedland-led company is working on a phased expansion of the project, which is expected to become one of the world’s largest and lowest-cost producers of palladium, platinum, rhodium, nickel, copper and gold.
Lifezone Metals (NYSE:LZM)
Lifezone Metals has developed Hydomet, a hydrometallurgical processing technology, as a cleaner alternative to smelting for base and precious metals refining. The company has a joint venture partnership agreement with Glencore (LSE:GLEN,OTC Pink:GLCNF) in which Lifezone will use Hydromet to recycle palladium, platinum and rhodium, and Glencore will act as the offtaker and marketer.
New Age Metals (TSXV:NAM)
New Age Metals is a junior mineral exploration company developing its discrict-scale River Valley property in Ontario, considered one of North America’s largest undeveloped platinum group element projects. The company also holds a 100 percent interest in the Genesis PGE-copper-nickel project in Alaska.
Platinum Group Metals (TSX:PTM,NYSE:PLG)
Platinum Group Metals is working to bring into production its advanced-stage Waterberg PGM deposit in South Africa’s Bushveld Complex. First discovered by the company, the project is now a joint venture with key partners that include Implats at 14.86 percent. Platinum Group retains a 50.16 percent position in Waterberg and will be the majority operator.
Stillwater Critical Minerals (TSXV:PGE,OTCQB:PGEZF)
Stillwater Critical Minerals is advancing its large-scale flagship Stillwater West platinum, palladium, nickel, copper, cobalt and gold project in Montana, US.
Ramp Metals (TSXV:RAMP)
Ramp Metals owns the Rottenstone SW and PLD projects in Saskatchewan, Canada. Rottenstone is situated adjacent to a northeast-southwest geological formation connected to the historic Rottenstone mine, which produced nickel, PGMs and gold, although Ramp is currently focused on gold and copper at the site.
Palladium ETFs
Palladium-backed exchange-traded funds (ETFs) and products (ETPs) track the precious metal like an index fund, but trade like stocks on an exchange. These palladium and PGM ETFs allow US, Canadian and Australian investors access to the palladium price.
Sprott Physical Platinum and Palladium Trust Unit (ARCA:SPPP,TSX:SPPP)
The Sprott Physical Platinum and Palladium Trust ETF was created to invest and hold substantially all of its assets in physical palladium and platinum bullion. It currently holds over 155,000 ounces of palladium and over 235,000 ounces of platinum. The portfolio is held in custody at a federal crown corporation of the Canadian government.
Aberdeen Standard Physical Palladium Shares (ARCA:PALL)
The Aberdeen Standard Physical Palladium Shares is designed to track the performance of the palladium price, less expenses. It holds over 500,000 ounces of palladium in London at a secured vault belonging to JPMorgan Chase & Co. (NYSE:JPM).
Global X Physical Palladium Structured (ASX:ETPMPD)
Global X Physical Palladium is an ASX-listed platinum ETP that provides Australian investors access to palladium held in JP Morgan storage facilities.
Palladium bars and coins
Another option for investing in palladium is by holding physical assets directly, such as bullion. In fact, financial investors may buy palladium bullion bars, palladium bullion coins or collectible palladium coins for portfolio growth. This approach may suit multiple kinds of investors, from those looking to invest small amounts of money in the metal to those with larger quantities of cash.
Kitco’s online physical palladium market is an example of where investors can buy and sell palladium bars and palladium coins, and this option includes home delivery. Another option is BullionVault’s online palladium marketplace, which allows investors to trade palladium that is stored in vaults, although they do not get to physically hold their metals themselves.
For more information on how to invest in precious metals coins and bullion, check out our guide on buying physical gold, as much of the advice also applies to physical palladium investing.
Palladium futures
Palladium futures, a derivative instrument tied directly to the price of the actual metal, are another key option.
Palladium futures are available for trade on the New York Mercantile Exchange (NYMEX), which is part of the CME Group. For more information on precious metals futures investing, see our guides to gold futures and silver futures.
For investors unfamiliar with futures investing, futures are a financial contract between an investor and a seller, in which the investor agrees to purchase an asset from the seller at an agreed-upon price based on a date set in the future.
Rather than owning physical metals themselves, investors speculating in the futures market are instead making bets on whether the price of a particular commodity will rise or fall in the near future.
For example, if you buy a palladium futures contract believing the price of metal is set to rise, and your prediction proves correct, you could gain a return on your investment by selling the now more valuable futures contract before it expires.
However, they’re not for novice investors, so be sure to do further research if you decide to use this investment method.
Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
This post appeared first on investingnews.com
Nextech3D.ai (CSE:NTAR,OTCQB:NEXCF,FSE:1SS) is a pure-play AI and blockchain company transforming the global event and ticketing industry. Its end-to-end event management platform powers every stage of live, virtual, and hybrid events—from registration and ticketing to engagement and analytics.
With the acquisitions of Eventdex and the Event Token ecosystem, Nextech3D.ai now offers a fully unified platform combining AI matchmaking, blockchain ticketing, registration, mobile apps, and badge printing in one seamless, secure system—eliminating the fragmentation of traditional event tech.
Backed by 500+ returning customers and a 95% retention rate, Nextech3D.ai generates predictable SaaS-style revenue with 88 percent gross margins. The company is now scaling rapidly, driven by the rollout of blockchain ticketing and AI-powered event automation.
Company Highlights
- AI + Blockchain Convergence: Nextech3D.ai delivers a unified, full-stack platform for event management, ticketing and conferences, combining AI automation and blockchain ticketing into a single ecosystem that powers the entire event lifecycle.
- Disrupting a Legacy Industry: Positioned to modernize a global +$85 billion event and ticketing market, Nextech’s integrated platform replaces fragmented vendor systems with one intelligent, secure and data-driven solution.
- Recurring High-margin Growth: With 88 to 95 percent gross margins, over 500 recurring customers, and a 95 percent retention rate, Nextech operates a SaaS-style business model built on predictable, repeat revenue.
- Blockchain Ticketing First Mover: Its Ethereum-based blockchain ticketing and Event Token ecosystem eliminate fraud and enable programmable resale royalties, sponsor airdrops and cross-event loyalty rewards.
- Founder-led with Strong Insider Alignment: CEO Evan Gappelberg is the company’s single largest shareholder with approximately 30 million shares, ensuring management’s interests are fully aligned with long-term investors.
- Strategic Growth Path to Profitability: With disciplined cost control, sequential quarterly growth, and new integrations via the Eventdex acquisition, Nextech3D.ai is entering a period of accelerating revenue and sustainable profitability
This Nextech3D.ai profile is part of a paid investor education campaign.*
Click here to connect with Nextech3D.ai (CSE:NTAR,OTCQB:NEXCF, FSE:1SS) to receive an Investor Presentation
This post appeared first on investingnews.com
(TheNewswire)
Vancouver, British Columbia, November 5th, 2025 TheNewswire – Prismo Metals Inc. (the ‘ Company ‘ ) (CSE: PRIZ,OTC:PMOMF) (OTCQB: PMOMF) is pleased to announce that Walnut Mines LLC, the owner of the Hot Breccia claims optioned as to 75% by the Company, has agreed to extend certain dates to complete cash payments and exploration expenditures.
Alain Lambert, CEO of Prismo said: ” Prismo remains firmly committed to advancing the Hot Breccia Project, located in the heart of Arizona ‘ s historic copper belt. We appreciate the cooperation of Walnut Mines LLC in extending certain milestone obligations, which provides the Company with additional flexibility as we assess a range of strategic alternatives. Each of these paths is designed to position Prismo to commence drilling on what we consider one of the most compelling copper exploration opportunities in Arizona and the broader United States. ‘
Dr Linus Keating, manager of Walnut Mines LLC, enthusiastically commented: ‘Walnut and Prismo remain firmly dedicated to advancing Hot Breccia towards drill discovery. Accomplishing that goal requires that we continue to work together and support each other. This extension will provide the necessary time, and better focus resources, to succeed at Hot Breccia.’
More specifically, the extensions are as follows: (i) extend the milestone date to complete exploration expenditures of $1,750,000 from January 31, 2026 to January 31, 2027; and (ii) extend the milestone date to complete exploration expenditures of $2,000,000 from January 31, 2027 to January 31, 2028 and (iii) extend the milestone date to complete the final cash payment of $275,000 to Walnut Mines LLC from January 31, 2026 to July 31, 2026.
Prismo ‘ s Hot Breccia project lies at the heart of the Arizona Copper Belt, which hosts several globally significant porphyry copper deposits. Examples of these significant deposits are Freeport McMoRan’s Miami-Inspiration mining complex, BHP’s San Manuel mine, Rio Tinto and BHP’s Resolution deposit and others (see Figure 1).
Figure 1. Location of the Hot Breccia Project in the Arizona Copper Belt.
Historical drilling carried out in the mid to late 1970 ‘ s by a Rio Tinto subsidiary intersected high-grade copper mineralization at depths ranging from 640 to 830 meters below surface. Several holes targeted an area with a coincident magnetic high, believed to be caused by magnetite skarn that was cut in the drill holes and that occurs in xenoliths in cross cutting dikes exposed at the surface. Prismo believes those intercepts may represent the periphery of the upper portion of a large mineralized system.
Support for the Company ‘ s mineralization model at the project comes from several sources, including the results of historical drilling, geophysical surveys, distribution of dikes with xenoliths of Cu-bearing skarn, the 2023 ZTEM survey as well as the results of an AI study. The anomalous target area identified in Prismo ‘ s modelling measures 1,100 meters by 1,150 meters.
Dr. Craig Gibson, Chief Exploration Officer of Prismo stated: ‘ The copper exploration target at Hot Breccia has geophysical, geochemical and geological features characteristic of many porphyry copper deposits. The project area has a regional setting similar to BHP-Rio Tinto’s Resolution copper deposit located 40 kilometers to the northwest of Hot Breccia and which is considered to be one on the greatest copper discoveries in the history of North American mining. ‘ He added: ‘ The drill program is intended to drill through the entire prospective Paleozoic carbonate stratigraphy into the postulated porphyry body/breccia zone. The exploration team will take advantage of geological information provided by each hole during drilling to refine targeting of subsequent holes. ‘
Historical drill holes cut high grade skarn mineralization including 23 meters with 0.54% Cu at 640 meters depth (hole OC-1), 18 m with 1.4% Cu and 4.65% Zn at 830 meters depth (hole OCC-7), and 7.6 m with 1.73% Cu and 0.11% Zn at 703 meters and 4.6 meters with 1.4% Cu and 0.88% Zn at 716 meters (OCC-8). Mineralization occurs within a several hundred-meter-thick altered zone hosted in favorable Paleozoic carbonate rocks that underly a sequence of Cretaceous andesitic volcanic rocks. These carbonates are the same rocks that host the high-grade copper mineralization at Freeport ‘ s nearby Christmas mine. The historic drilling intersected a blind mineralized intrusion associated with the skarn mineralization, providing an immediate drill target that is believed to be the source of the mineralization at Hot Breccia (Figure 2). Several magnetic highs in the region surrounding the proposed intrusion may also indicated buried skarn mineralization and provide additional exploration targets.
Click Image To View Full Size
Figure 2. Schematic cross section at Hot Breccia showing updated interpretation after Barrett (1974).
Notes:
(1) Barrett, Larry Frank (1972): Igneous Intrusions and Associated Mineralization in the Saddle Mountain Mining District Pinal County, Arizona. Unpublished Master’s Thesis, University of Utah.
(2) Barrett, Larry Frank (1974): Diamond drill hole OC-1, O’Carroll Canyon, Pinal County, Arizona, unpublished internal report, Bear Creek Mining.
About Hot Breccia
The Hot Breccia property consists of 1,420 hectares in 227 contiguous mining claims located in the world class Arizona Copper Belt between several very well understood world-class copper mines including Morenci, Ray and Resolution (Figure 1). Hot Breccia shows many features in common with these neighboring systems, most prominently a swarm of porphyry dikes and series of breccia pipes containing numerous fragments of well copper-mineralized rocks mixed with fragments of volcanic and sedimentary derived from considerable depth. Prismo performed a ZTEM survey last year that identified a very large conductive anomaly directly beneath the breccia outcrops.
Sampling at the project has shown the presence of copper mineralization associated with dacite dikes that transported fragments of strongly mineralized carbonate rocks to the surface from depths believed to be 400-1,000 meters. Drilling deep holes is necessary to tap into the source of these mineralized fragments found at surface.
Assay results from historic drill holes are unverified as the core has been destroyed, but information has been gathered from memos, photos and drill logs that contain some, but not all, of the assay results and descriptions. Technical information from adjacent or nearby properties does not mean nor does it imply that Prismo will obtain similar results from its own properties.
Data on previous drilling and geophysics is historical in nature and has not been verified, is not compliant with NI 43-101 standards and should not be relied upon; the Company is using the information only as a guide to aid in exploration planning.
Qualified Person
Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-01 regulations and Chief Exploration Officer and a director of the Company, has reviewed and approved the technical disclosures in this news release.
About Prismo Metals Inc.
Prismo (CSE: PRIZ,OTC:PMOMF) is a mining exploration company focused on advancing its Hot Breccia copper project in Arizona and its Palos Verdes silver project in Mexico.
Please follow @PrismoMetals on , , , Instagram , and
Prismo Metals Inc.
1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6
Contact:
Alain Lambert, Chief Executive Officer alain.lambert@prismometals.com
Gordon Aldcorn, President gordon.aldcorn@prismometals.com
Cautionary Note Regarding Forward-Looking Information
This release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as ‘ intends ‘ or ‘ anticipates ‘ , or variations of such words and phrases or statements that certain actions, events or results ‘ may’, ‘ could ‘, ‘ should ‘, ‘ would ‘ or ‘ occur ‘ . This information and these statements, referred to herein as ‘forward ‐ looking statements’, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts and statements as to management’s expectations and intentions with respect to, among other things: the timing, costs and results of drilling at Hot Breccia.
These forward ‐ looking statements involve numerous risks and uncertainties, and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things: delays in obtaining or failure to obtain appropriate funding to finance the exploration program at Hot Breccia.
In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, that: the ability to raise capital to fund the drilling campaign at Hot Breccia and the timing of such drilling campaign.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance 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 and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
Copyright (c) 2025 TheNewswire – All rights reserved.
News Provided by TheNewsWire via QuoteMedia
This post appeared first on investingnews.com
Yum Brands said on Tuesday it was exploring strategic options for its Pizza Hut chain as the unit struggles to keep pace in a highly competitive fast-food industry vying for sales from a stressed consumer.
“Pizza Hut‘s performance indicates the need to take additional action to help the brand realize its full value, which may be better executed outside of Yum Brands,” Yum Brands’ new CEO, Chris Turner, said in a statement.
Pizza Hut‘s sales have lagged Yum Brands’ other prominent units, Taco Bell and KFC International, falling for seven consecutive quarters. In comparison, Taco Bell last reported negative comparable sales in June 2020.
Yum Brands’ shares were up about 2% in premarket trading after the company banked on 7% growth in Taco Bell U.S. same-store sales and 3% growth in KFC International to beat third quarter estimates.
Pizza Hut accounts for about 11% of Yum Brands’ operating profits, compared with about 38% for Taco Bell’s U.S. business.
Several quarters of price hikes at restaurants, sticky inflation and economic uncertainty have forced consumers to become more wary about dining out as they look to stretch their budgets. Still, pizzas are viewed as a value-option to feed families.
Industry giant Domino’s Pizza DPZ.O said in October that although fast-food traffic was slowing, consumers were still seeking out its pizzas, helped by promotions and new menu items, as well as its delivery partnerships with third-party aggregators such as Doordash DASH.O and UberEats UBER.N.
While Pizza Hut has also offered value deals such as various personal pizzas for $5 and $2, “an insufficient value message amid a competitive value landscape resulted in transaction softness,” company veteran and former CEO David Gibbs said in August.
Taco Bell’s Tex-Mex cuisine and its more affordable prices have held Yum Brands in good stead against the slowdown in dining out.
Yum Brands’ worldwide same-store sales grew 3% during the quarter ended September 30, 2025 edging past estimates of a 2.68% increase, according to data compiled by LSEG.
Adjusted profit per share of $1.58 beat estimates of $1.49.
Packaged food giant PepsiCo acquired Pizza Hut in 1977, but spun off the chain along with KFC and Taco Bell in 1997 to create a restaurants company, which took on the name Yum Brands in 2002.
A deadline to complete Pizza Hut‘s strategic review has not been set, and there was no assurance that the process would result in a transaction, Yum Brands said on Friday.
This post appeared first on NBC NEWS
During my final overseas CIA assignment as a station chief in a South Asian war zone, our team was ruthlessly focused on detecting and preempting terrorist threats long before they could inflict harm on the U.S. homeland. We conducted plenty of clandestine operations unilaterally, but we also worked in close partnership with the host government’s intelligence service. We did not always agree on everything, but we enjoyed a robust exchange of intelligence on our mutual adversaries, shared analytical judgments and collaborated on a number of joint tactical counterterrorism operations.
On one occasion, our CIA team successfully found and fixed the location of a senior al Qaeda terrorist on the FBI Most Wanted list for having planned terrorist attacks. We shared our sensitive intelligence with the host government, whose military launched a well-planned raid and killed the al Qaeda terrorist during a firefight.
If there was one thing I learned at CIA, especially when it came to counterterrorism operations, it’s that our allies can be a tremendous force multiplier for our sacred mission of keeping our country safe from those who seek to do us harm.
Today, the Trump administration is applying a similar strategy for ensuring secure critical minerals supply chains and de-risking from Communist China, which is the world’s leading miner and processor of rare earths. China has made it a practice of extorting its commercial adversaries by restricting its exports of critical minerals.
Rare earth minerals are essential for making semiconductors, motors and fighter jets, all critical for our national security. The last thing we would want is to have to rely on Communist China for the supply.
China’s brazenly unfair trade practices involve dumping on the global market its massive, excess production of rare earths deliberately to drive prices down and force competitor mining companies out of business, thereby eliminating any long-term competition.
But the Trump administration has deployed a counter playbook to reduce China’s influence over rare earth markets. Rightly concerned that China is seeking to control the global economy by imposing its will on the high technology supply chain, Trump recently signed an $8-billion rare-earth mineral deal with Australian Prime Minister Anthony Albanese. And during his recent trip to Asia, Trump signed rare earth deals with Thailand and Malaysia.
The Trump administration also deftly applies the same principle of de-risking to critical materials and minerals including polysilicon, a pure form of silicon essential for the production of microchips and integrated circuits. Seeking to minimize the risk of China’s dominant global market share of polysilicon, the Trump administration smartly relies on NATO member Germany for the bulk of our polysilicon imports.
Further, the Trump administration is investigating national security threats posed by imports from other countries, including, but not exclusively, those linked to China. China dominates global polysilicon through state subsidies, deliberate overproduction and other nefarious trade practices — a familiar Chinese Communist Party playbook used on strategic materials.
‘If an enemy has alliances,’ Chinese philosopher Sun Tzu wrote, ‘the problem is grave and the enemy’s position strong.’
The U.S. is leading the way by building a global network for key technology components, which are vital to protecting our national security from Communist Chinese mercantilist aggression.
Dictators like Chinese President Xi Jinping want their enemies to be weak and divided. That’s because together the U.S. and our commercial partners are stronger and more able to protect internationally recognized borders, freedom of navigation and free trade on which the U.S. and global economy rely.
This post appeared first on FOX NEWS
President Donald Trump indicated that he did not direct the Justice Department to target former FBI Director James Comey, former National Security Advisor John Bolton and New York State Attorney General Letitia James.
During ’60 Minutes’ interview, CBS News’ Norah O’Donnell noted the three figures have been indicted and asked Trump whether those are cases of ‘political retribution.’
‘You know who got indicted? The man you’re looking at. I got indicted. And I was innocent,’ Trump fired back.
O’Donnell pressed Trump on the matter, asking whether he directed the Department of Justice to target those people.
‘No. You don’t have to instruct ’em because they were so dirty, they were so crooked, they were so corrupt, that the honest people we have — Pam Bondi’s doing a very good job, Kash Patel’s doing a very good job — the honest people that we have go after ’em automatically,’ he said.
The president called out Comey, James and Senate Democrat Adam Schiff in a September Truth Social post highlighted by ’60 Minutes.’
‘Pam: I have reviewed over 30 statements and posts saying that, essentially, ‘same old story as last time, all talk, no action. Nothing is being done. What about Comey, Adam ‘Shifty’ Schiff, Leticia??? They’re all guilty as hell, but nothing is going to be done,” the president declared in part of the post.
‘We can’t delay any longer, it’s killing our reputation and credibility. They impeached me twice, and indicted me (5 times!), OVER NOTHING. JUSTICE MUST BE SERVED, NOW!!!’ he asserted in another portion of the post.
This post appeared first on FOX NEWS
The Senate returns to Washington, D.C., this week as the government shutdown nears a record-shattering milestone and as lawmakers remain entrenched in their positions.
Come late Tuesday night, the government shutdown will officially become the longest on record, at 36 days, smashing through the previous record etched into the history books in early 2019. And while that record approaches, and payday deadlines are missed and federal benefits dry up, the Senate is still largely in a holding pattern.
Still, there was newfound optimism among some lawmakers as bipartisan talks increased last week, and many hope that same momentum carries into this week.
But for now, neither side is budging from the positions they’ve maintained since Oct. 1, when the shutdown officially began.
Senate Minority Leader Chuck Schumer, D-N.Y., and his Democratic caucus want a deal on expiring Obamacare premium subsidies before they agree to reopen the government. Saturday was when open enrollment officially began nationwide.
They’ve long warned that unless a deal was made before open enrollment, Americans that rely on the subsidies would see their premiums spike, despite the subsidies not expiring until the end of this year.
‘People are going to see drastic, drastic increases in their healthcare costs,’ Schumer said last week. ‘People are going to sit at the dinner table Friday night with a pit, with a hole in the pit of their stomach, and say, ‘How are we going to do this?’’
Senate Republicans largely agree that there needs to be an extension of some kind to the subsidies, but they also want a host of reforms made to the program that was enhanced under former President Joe Biden.
And Senate Majority Leader John Thune, R-S.D., has offered Senate Democrats a vote on the Obamacare subsidies, but they say that’s not enough and demand that President Donald Trump get involved.
Trump officially returned to the country after a near weeklong trip to Asia but still appears to be keeping the shutdown at an arm’s length.
While Schumer and his Democratic caucus’ demands have remained laser-focused on expiring Obamacare subsidies, they have also blamed Trump for not funding federal food benefits as he did in 2019, and Schumer and House Minority Leader Hakeem Jeffries, D-N.Y., have called for a meeting with the president.
But Trump won’t meet with the top congressional Democrats until the shutdown ends — a point he and Republicans have made time and time again.
And he won’t budge on healthcare negotiations until the government reopens, either.
‘I’m not going to do it by being extorted by the Democrats who have lost their way,’ Trump said on CBS’ ’60 Minutes.’ ‘There’s something wrong with these people.’
Meanwhile, Trump has urged Senate Republicans to get rid of the 60-vote filibuster threshold in the upper chamber. Doing so is a proverbial third rail for Senate Republicans and a longstanding priority for Senate Democrats.
He renewed that call over the weekend in posts on Saturday and Sunday to his social media platform Truth Social.
‘Republicans, you will rue the day that you didn’t TERMINATE THE FILIBUSTER!!! BE TOUGH, BE SMART, AND WIN,’ he said.
This post appeared first on FOX NEWS
Energy Secretary Chris Wright revealed the U.S. will not be testing nuclear explosions, putting to rest questions over whether the Trump administration would reverse a decades-old taboo.
Testing will instead involve ‘the other parts of a nuclear weapon,’ Wright told Fox News’ ‘The Sunday Briefing.’
‘I think the tests we’re talking about right now are systems tests,’ he explained. ‘These are not nuclear explosions. These are what we call noncritical explosions.’
His comments came after President Donald Trump announced the U.S. would reignite ‘nuclear testing’ because other nations were doing so. The president made the announcement on the way to a meeting with Chinese President Xi Jinping.
He didn’t specify whether he meant explosives, which haven’t been tested by the U.S. since 1992, or the weapons that carry them.
The only nation to conduct a detonation test in the last 25 years is North Korea in September 2017.
The president said he’d directed the Pentagon — which is responsible for testing nuclear-capable vehicles — to resume testing. The Energy Department would have jurisdiction over testing explosives.
‘We’ve halted it years — many years — ago,’ Trump said last week. ‘But with others doing testing, I think it is appropriate that we do also.’
Asked on Friday to clarify whether the U.S. would begin ‘detonating nuclear weapons for testing,’ the president responded, ‘I’m saying that we’re going to test nuclear weapons like other countries do.’
Trump claimed in a CBS ’60 Minutes’ interview over the weekend that U.S. adversaries were secretly testing nuclear weapons.
‘Russia’s testing nuclear weapons, and China’s testing them, too,’ he said. ‘You just don’t know about it.’
China is rapidly expanding its nuclear silo and is expected to have nearly 1,000 warheads by 2030, according to Pentagon assessments. But Beijing has not conducted a nuclear weapons test since 1996. Russia has not been confirmed to have tested a weapon since 1990, but last week did claim to test two delivery vehicles: an undersea torpedo known as Poseidon and a nuclear-powered cruise missile.
In 1996, the United Nations adopted a nuclear test ban treaty. The U.S. signed the treaty, but the Senate rejected its ratification. Most other nuclear-armed states also did not ratify the document.
Still, it created a global norm against nuclear weapons testing.
The U.S. regularly tests unarmed nuclear-capable weapons.
Additionally, non-explosive or ‘subcritical’ tests, which involve fissile materials but stop short of producing a chain reaction, have been conducted at the Nevada National Security Site for years. Officials say these experiments help validate computer models that simulate how aging warheads behave, allowing scientists to verify performance without explosive testing.
The U.S. has conducted more than two dozen such tests since the late 1990s.
‘And again, these will be nonnuclear explosions,’ Mr. Wright said. ‘These are just developing sophisticated systems so that our replacement nuclear weapons are even better than the ones they were before.’
Washington is currently undergoing a three-decade, $1.7 trillion transformation effort to replace aging warheads with updated versions.
This post appeared first on FOX NEWS
Senate Majority Leader John Thune, R-S.D., and Senate Republicans are considering pushing back the House-passed government funding extension in a bid to give lawmakers more time to pass spending bills.
The House’s continuing resolution (CR) would reopen the government until Nov. 21. That bill has been blocked by Senate Minority Leader Chuck Schumer, D-N.Y., and Senate Democrats 13 times so far and has pushed the shutdown into record-breaking territory.
Given that the original seven-week plan has now shrunk to just three weeks as the shutdown drags on, Thune and the Senate GOP realize that more time will be needed to pass appropriations bills.
‘The House-passed CR is, you know, the idea that we could get any appropriations bills done, you know, by November the 21st now, that date’s lost,’ Thune said.
The objective now is to produce a CR that extends the funding deadline, possibly into January. Thune said that he was ‘certainly open’ to extending the deadline into next year. Senate Republicans tried to get a package of three bills on the floor, along with possibly more, late last month. But that move was blocked by Senate Democrats.
‘As you look at the calendar, if you want to do normal appropriations work, you look at how long it takes to get bills across the floor in the Senate and through the House,’ he said. ‘It’s, you know, the longer sort of runway there is better.’
To do so would either require a fresh CR, or the House-passed bill could be amended. Still, anything that Republicans hash out will need to break through the 60-vote threshold in the Senate and require support from Democrats.
Any changes to the House’s bill, or a new bill, would also need to be sent back to the House, which House Speaker Mike Johnson, R-La., has kept out of session now for over six weeks.
Johnson, when asked about time running out on the House-passed CR, didn’t say whether lawmakers would need to craft a new one or extend the Nov. 21 deadline. He blamed Senate Democrats, however, for running out the clock.
‘We’re very mindful of the clock,’ Johnson told Fox News’ Will Cain on ‘The Will Cain Show.’ ‘And the great irony here is the Democrats are the ones that are taking the time off that clock. We needed it.’
But lawmakers in the lower chamber already expected that more time would be needed given the blockade in the upper chamber.
House Appropriations Committee Chairman Tom Cole, R-Okla., told Fox News Digital in an interview late last month that he believed a new CR would be needed, ‘having wasted this much time.’
Asked about what timing he believed would be realistic, Cole said he could see a short-term measure ‘probably into early January’ in a bid to avoid a colossal, year-end funding bill known as an omnibus where all 12 appropriations bills and numerous spending and policy riders are crammed into one bill.
‘In both chambers, both parties, there’s a dread of what’s called the Christmas omnibus, where we put you right up to the edge of Christmas, and they don’t let you go home to your family until you pass a God awful omnibus bill. We don’t want to do that to our members,’ he said.
But there’s another faction within the GOP calling for a longer-term bill. A source familiar with the House Freedom Caucus told Fox News Digital last month that its chairman, Rep. Andy Harris, R-Md., would advocate for a bill extending into December 2026 — provided he agreed with the details in the measure itself.
Meanwhile, Thune said that he was optimistic that the shutdown could end this week. The Senate is nearing yet another scheduled recess, this time for Veterans’ Day next week, that could see lawmakers leave Washington, D.C., with the government still closed.
He wasn’t ready to outright cancel the recess, but noted that ‘if we don’t start seeing some progress or some evidence of that by at least the middle of this week, it’s hard to see how we would finish anything by the end of the week.’
‘I think we’re getting close to an off-ramp here, but, you know, this is unlike any other government shutdown,’ he said.
This post appeared first on FOX NEWS