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Gold was on the decline this week, closing just below US$3,370 per ounce, after tensions in the Middle East pushed it past the US$3,430 level toward the end of last week.

All eyes were on the US Federal Reserve, which in a widely expected move left interest rates unchanged on Wednesday (June 18) following its two day meeting. The central bank cut rates in December 2024, but has kept them steady for its last four gatherings.

US President Donald Trump wasn’t pleased, calling Powell ‘too late’ in a Thursday (June 19) post on Truth Social. While speculation that Trump will fire Powell has died down, the president did recently say he intends to announce his next pick for the Fed leader position ‘very soon.’

Of course, Fed meetings are never just about rate decisions — experts often look to Powell’s post-meeting commentary to read between the lines of what’s said (and not said).

Tariffs were definitely in focus this time around, with Powell emphasizing that it’s still soon to tell how much of an impact they will have and how the Fed should react.

‘We have to learn more about tariffs. I don’t know what the right way for us to react will be. I think it’s hard to know with any confidence how we should react until we see the size of the effects’ — Jerome Powell, US Federal Reserve

Chris Temple of the National Investor, who offered another perspective on Powell’s comments.

He noted that while Powell didn’t say the Fed is going to abandon its 2 percent inflation target, it may be leaning in that direction. This is what he said:

The consensus still — although it was extremely close — is barely still for two 25 basis point rate cuts in the balance of 2025. Whether we get them or not, who knows, (but) that’s the current snapshot, which may well change. But that’s against a backdrop of admitting for the second SEP, summary of economic projections … in a row that inflation is going to continue to move back higher — that we’ve seen the best numbers for inflation — at the same time that GDP slows a bit.

So okay, you just told us that your favored inflation number, which is a lot of smoke and mirrors to begin with, is going to go back up to north of 3 percent, which is what they said yesterday. And yet you still — the consensus is you’re going to lower interest rates twice in 2025? So he did everything but come right out and admit that the 2 percent inflation target isn’t going to be reached.

Stay tuned to our YouTube channel for the full interview with Temple.

Bullet briefing — Silver hits 13 year high, SPUT raising US$200 million

Is silver’s price rise real?

Gold has stolen the precious metals spotlight in 2025, but this month silver is shining.

The white metal has been on the rise since the beginning of June, and this week it broke the US$37 per ounce mark for the first time in 13 years.

While silver is known to lag behind gold before playing catch up, it’s also known for its volatility. Its move has created excitement, but market participants are also wary of a correction.

When asked what factors are driving silver, Peter Krauth of Silver Stock Investor he said he sees a ‘perfect storm’ emerging. Here’s how he explained it:

You’ve got the macroeconomic picture that is I think certainly bullish for silver, like it is for gold and a lot of the other commodities. But I think at the same time you’ve got the market kind of coming to terms with the fact that silver is in a deficit, (and) it’s unlikely to be able to rectify that deficit for several years — in fact, the Silver Institute thinks we’re going to see record deficits at some point over the next five years.

And silver supply is unable to grow. We saw a peak 10 years ago in mined silver, and overall silver supply is essentially flat.

So flat supply, growing demand — demand that’s nearly 20 percent above supply — and our ability to meet those deficits is shrinking because we’re tapping into these aboveground stockpiles that have shrunk by about 800 million ounces in the last four years, which is the equivalent of an entire year’s mine supply. So it’s the perfect storm, it’s really all coming together. And I think that the market’s realizing that.

But does that necessarily mean silver is ready for a big breakout? Krauth has a target of US$40 by the end of 2025, but said silver could potentially go 10 percent above that.

For his part, Jeffrey Christian of CPM Group attributes the silver price boost to increased demand from investors, especially when it comes to exchange-traded funds and wholesale products.

He’s projecting a bumpier path forward for the metal:

You also have — the last time I looked it was like 490 million ounces of open interest in the July Comex futures contract. And that’s two weeks from first delivery. So most of the people (who) have those shorts – those are hedges of their physical inventories. They keep those hedges in place, but they roll them forward. So they’ll be buying back their Julys and selling September futures to keep that hedge in place with the next active futures contract. That buying back of the Julys could push silver prices higher.

So if you really want to talk granular prices, we wouldn’t be surprised to see the price of silver fall to US$33, US$34 an ounce, and go up to US$40 an ounce and then back to US$33 an ounce over the next four weeks.

Click the links above to watch the interviews with Krauth and Christian.

SPUT raising US$200 million

The uranium spot price made moves this week after the Sprott Physical Uranium Trust (TSX:U.U,OTCQX:SRUUF) announced a US$100 million bought-deal financing on Monday (June 16).

It was bumped up to US$200 million the same day due to strong demand.

Spot uranium has been in a consolidation phase since hitting triple-digit levels in early 2024, creating frustration among those who are waiting for the industry’s strong long-term fundamentals to be better expressed. This week’s move past US$75 per pound has helped reinvigorate investors.

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

This post appeared first on investingnews.com

Israel’s Ambassador to the United Nations Danny Danon, slammed Iran’s UN representative as ‘a wolf disguised as a diplomat,’ during a fiery session of the Security Council on Saturday, hours before the US struck three nuclear sites in Iran. 

Following the US strike on nuclear sites in Fordow, Natanz and Isfahan, which President Donald Trump said had been ‘totally obliterated,’ Iran’s Ambassador to the UN Amir Saeid Iravani demanded another ’emergency meeting’ of the Security Council calling for condemnation ‘in the strongest possible terms’ of the US actions and for it not to go ‘unpunished.’

‘The Islamic Republic of Iran urgently requests the Security Council to convene an emergency meeting without delay to address this blatant and unlawful act of aggression,’ Iravani wrote in a letter to UN Secretary General António Guterres.

Iravani called the US strikes ‘premeditated, and unprovoked,’ and said it was a ‘flagrant violation of international law.’

Earlier, Danon, in response to similar allegations against Israel, highlighted the council’s hypcoricy, callilng the Iranian representative a ‘wolf disguised as a diplomat.’ 

‘How dare a representative of a regime that finances, arms and orchestrates terrorism all over the world, ask for compassion from this Council?’ Danon said during a council session on Saturday. ‘You are not a victim. You are not a diplomat. You are a wolf disguised as a diplomat, and we are done pretending otherwise.’ 

Following the US strike on Iran, which included five to six bunker buster bombs dropped on Fordow nuclear site and some 30 Tomahawk missiles fired against sites in Natanz and Isfahan, Danon told Fox News Digital that ‘after decades of ignoring the International community, Iran is trying to play victim and ask for sympathy from the Security Council.’ 

‘Sec Gen Guterres should be thanking President Trump for taking action and making the world a safer place — instead of condemning the U.S. for promoting peace through strength,’ Danon told Fox News Digital.

‘After years of the UN’s incompetence that allowed Iran to accelerate its dangerous nuclear weapons program, the U.S. has acted forcefully to prevent a destructive nuclear Iran from threatening Israel, the U.S. and the free world,’ he said. 

‘I am gravely alarmed by the use of force by the United States against Iran today. This is a dangerous escalation in a region already on the edge – and a direct threat to international peace and security,’ Guterres said in a statement.

‘There is a growing risk that this conflict could rapidly get out of control – with catastrophic consequences for civilians, the region, and the world,’ he added, calling on UN member states to ‘de-escalate and to uphold their obligations under the UN Charter and other rules of international law.’

An Iranian missile attack on Israel on Sunday, hours after the US struck nuclear facilities in Iran, scored direct hits in the cities of Tel Aviv, Haifa and Nes Ziona, causing widespread destruction but no immediate fatalities, Israeli authorities said.

Images shared by Israel’s first responders showed multistorey buildings with their sides blown away and windows shattered and single-family homes in ruins, as rescue crews searched the debris for survivors.

Israel’s first aid agency, Magen David Adom, said there were no initial reports of fatalities but dozens were injured and evacuated to hospital.

In a press briefing, Tel Aviv’s Mayor Ron Huldai said the damage in his city was ‘very extensive but in terms of human life, we are okay.’

‘Houses here were hit very, very badly,’ he said, adding that ‘fortunately, one of them was slated for demolition and reconstruction, so there were no residents inside. Those who were in the shelter are all safe and well.’

In Nes Ziona, a town just south of Tel Aviv, a house was directly hit by a missile and the surrounding buildings destroyed, but, according to Israeli media reports, the families were in their shelter.

Israel’s home front command on Sunday put the country back onto emergency footing, days after some of the restrictions on commercial centers and larger gatherings had been eased.

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Until Saturday night, the world waited to see whether President Donald Trump would join Israel’s campaign against Iran’s nuclear infrastructure. Now we have the answer.

In a televised address from the White House, President Trump called the strikes a ‘spectacular military success’ and a ‘historic moment for the United States, Israel, and the world.’ He confirmed that Fordow—Iran’s deeply buried nuclear enrichment site near Qom—was among the targets, and warned, ‘There are many targets left.’ His message was clear: Iran must ‘make peace or face tragedy far greater than we have witnessed over the last eight days.’

The U.S. has struck decisively. Whether the strike succeeds in halting Iran’s nuclear program—as the president boldly claims—remains to be seen. What is clear is that the geopolitical fuse is lit, and the consequences are just beginning.

So far, the administration has not provided public evidence that Iran was mere ‘weeks away’ from building a nuclear bomb, as the White House press secretary alleged. That claim may have helped justify the strike, but it rests more on assumption than on firm intelligence.

Yes, Iran has enriched uranium to near weapons-grade levels—but that alone does not make a bomb. Tehran still needs to master warhead design, detonator synchronization, reentry shielding, and delivery systems. There is no verified proof it has done so.

As I wrote for Fox News last week, bombs can destroy facilities—but they cannot erase knowledge. Many of Iran’s scientists are still alive, and their motivation may now be stronger than ever.

Tehran now faces a choice: capitulate or retaliate. Based on history, ideology, and culture, the odds overwhelmingly favor retaliation.

Iranian supreme leader ‘facing a choice’ after US strikes, says Mark Dubowitz

Surrender is antithetical to Iran’s revolutionary mindset. The Islamic Republic has endured war, sanctions, and sabotage. Its leadership interprets resistance as divine duty. This strike may have weakened Iran’s enrichment infrastructure, but it will likely strengthen the regime’s resolve.

Iran retains extensive capabilities: ballistic missiles, global proxy networks, cyber weapons, and elite paramilitary forces. This is not the end—it is the beginning of a new phase.

  1. Regional attacks on U.S. assets: Iran will likely target American military bases and diplomatic posts in Iraq, Syria, and the Gulf states through proxy militias like Kataib Hezbollah or the Houthis. Any U.S. casualties could force a wider war.
  2. Disruption of oil routes: Iran could attempt to block or threaten the Strait of Hormuz, a chokepoint for nearly 20% of the world’s oil. Even a short disruption could send global energy prices soaring.
  3. Strikes on U.S. allies: Expect missile attacks or proxy assaults on Saudi Arabia, the UAE, and especially Israel. Iran’s allies in Lebanon, Syria, and Gaza are likely already preparing.
  4. Asymmetric attacks abroad: Iran’s global network of operatives includes sleeper cells in Latin America, Europe, and possibly the U.S. If Tehran believes it has little to lose, civilian targets and cyber infrastructure may be in its crosshairs.

If President Trump acted without solid intelligence, the risk is real: that we have provoked a long war on shaky grounds. Unlike the Iraq invasion in 2003, Iran’s enrichment program is genuine—but neutralizing it with airstrikes alone will not work. This war, if it escalates, will not be fought on our terms.

 Bret Baier: The Israelis are ecstatic

What is more, the strike could backfire politically inside Iran. Rather than destabilizing the regime, it may unify it. Public humiliation of key sites like Fordow plays directly into the regime’s ‘Great Satan’ narrative, fueling nationalism and quelling dissent.

The U.S. and its allies must now pivot quickly to containment, deterrence, and resilience. Air defenses must be reinforced. Cyber infrastructure must be secured. Intelligence agencies must track Iranian networks abroad. And most importantly, diplomatic channels must remain open—to allies and, when possible, to adversaries.

Netanyahu congratulates Trump after US strikes in Iran

This is not the time for complacency. It is a time for clear strategy, disciplined leadership, and vigilance.

The deed is done. Iran’s nuclear sites lie in ruins—but its will to retaliate is not. President Trump’s triumphant tone— ‘Fordow is gone,’ he declared—may play well politically, but it also risks underestimating a hardened adversary.

Iran has absorbed assassinations, sanctions, and cyberattacks. It has endured war and isolation. What it has not done—what it is unlikely to do now—is give up.

The American people must be prepared—not just for victory narratives, but for volatility. The battlefield ahead is asymmetric, unpredictable, and global. It will test not only our military but our wisdom.

The question now is no longer whether we acted. The question is: Was it worth the cost?

This post appeared first on FOX NEWS

Exuberant Republicans, and at least one prominent Democrat, lauded President Donald Trump’s leadership on Saturday after the U.S. completed an attack on three Iranian nuclear sites. 

‘Good. This was the right call. The regime deserves it. Well done, President @realDonaldTrump,’ Sen. Lindsey Graham, R-S.C., wrote on X. 

Democratic Sen. John Fetterman, D-Penn., also said Trump made the right call. 

‘As I’ve long maintained, this was the correct move by @POTUS,’ he said on X. ‘Iran is the world’s leading sponsor of terrorism and cannot have nuclear capabilities. I’m grateful for and salute the finest military in the world.’ 

Rep. Brandon Gill, R-Texas, wrote: ‘’Peace through strength’ means ensuring our existential enemies don’t acquire the most lethal and catastrophic weapons known to man.’ 

And former Florida Rep. Matt Gaetz called Trump a ‘peacemaker.’

‘President Trump basically wants this to be like the Solimani strike – one and done. No regime change war. Trump the Peacemaker!’ he wrote on X. 

Rep. Mike Rogers, R-Ala., chairman of the House Armed Services Committee, said in a statement that the president ‘made the correct decision to strike Iran’s nuclear sites. Iran made the choice to continue its pursuit of a nuclear weapon and would only be stopped by force. It would be a grave mistake to retaliate against our forces.’ 

Sen. Tom Cotton, R-Ark., said on X, ‘Iran has waged a war of terror against the United States for 46 years. We could never allow Iran to get nuclear weapons. God bless our brave troops. President Trump made the right call and the ayatollahs should recall his warning not to target Americans.’ 

Republican Sen. John Barrasso of Wyoming, said Trump’s decision was the ‘right one. The greatest threat to the safety of the United States and the world is Iran with a nuclear weapon. God Bless our troops.’ 

House Speaker Mike Johnson, R-La., wrote on X that the U.S. ‘military operations in Iran should serve as a clear reminder to our adversaries and allies that President Trump means what he says.’

Johnson said that the president gave Iran ‘every opportunity to make a deal, but Iran refused to commit to a nuclear disarmament agreement. President Trump has been consistent and clear that a nuclear-armed Iran will not be tolerated. That posture has now been enforced with strength, precision, and clarity.’

He added that Trump’s ‘decisive action prevents the world’s largest state sponsor of terrorism, which chants ‘Death to America,’ from obtaining the most lethal weapon on the planet.’ 

However, Rep. Thomas Massie, R-Ky., who authored a war powers resolution to prevent the U.S. from getting involved in Iran said the attacks were ‘not constitutional.’ 

Rep. Ro Khanna, a Democrat from California, echoed Massie’s sentiments. 

‘Trump struck Iran without any authorization of Congress. We need to immediately return to DC and vote on @RepThomasMassie and my War Powers Resolution to prevent America from being dragged into another endless Middle East war,’ he wrote on X. 

This post appeared first on FOX NEWS

Co-sponsors of the War Powers Resolution, Reps. Ro Khanna, D-Calif, and Thomas Massie, R-Ky., were quick to criticize President Donald Trump for greenlighting attacks on three nuclear sites in Iran Saturday night. 

‘This is not constitutional,’ Massie said, responding to Trump’s Truth Social post announcing the strikes on Fordow, Natanz and Isfahan in Iran. 

The bipartisan War Powers Resolution was introduced in the House of Representatives this week as strikes between Israel and Iran raged on, and the world stood by to see if Trump would strike. 

Sources familiar told Fox News Digital that both House Speaker Mike Johnson, R-La., and Senate Majority Leader John Thune, R-S.D., were briefed on the strikes ahead of time. 

‘Trump struck Iran without any authorization of Congress. We need to immediately return to DC and vote on @RepThomasMassie and my War Powers Resolution to prevent America from being dragged into another endless Middle East war,’ Khanna said. 

This week, lawmakers sounded off on the unconstitutionality of Trump striking Iran without congressional approval. Congress has the sole power to declare war under Article I of the Constitution

The War Powers Resolution seeks to ‘remove United States Armed Forces from unauthorized hostilities in the Islamic State of Iran’ and directs Trump to ‘terminate’ the deployment of American troops against Iran without an ‘authorized declaration of war or specific authorization for use of military forces against Iran.’

As Trump announced his strikes against Iran – without congressional approval – Khanna said representatives should return to Capitol Hill to prevent further escalation.

And in the upper chamber, Sen. Tim Kaine, D-Va., introduced his own war powers resolution ahead of the bipartisan duo in the House. While the resolution had been gaining steam with his colleagues, momentum could be stalled due to the strikes. His resolution is privileged, meaning that lawmakers will have to consider it. The earliest it could be voted on is Friday.

Kaine argued in a statement that ‘the American public is overwhelmingly opposed to the U.S. waging war on Iran.’

‘And the Israeli Foreign Minister admitted yesterday that Israeli bombing had set the Iranian nuclear program back ‘at least 2 or 3 years,” he said. ‘So, what made Trump recklessly decide to rush and bomb today? Horrible judgment. I will push for all senators to vote on whether they are for this third idiotic Middle East war.’

This week on Capitol Hill, Massie, the conservative fiscal hawk who refused to sign onto Trump’s ‘big, beautiful bill,’ built an unlikely bipartisan coalition of lawmakers resisting the U.S.’ involvement in the Middle East conflict. 

‘This is not our war. But if it were, Congress must decide such matters according to our Constitution,’ Massie said. 

Massie, whom Trump threatened to primary during the House GOP megabill negotiations, invited ‘all members of Congress to cosponsor this resolution.’ By Tuesday night, the bipartisan bill had picked up 27 cosponsors, including progressive ‘Squad’ members Reps. Alexandria Ocasio-Cortez and Ilhan Omar.

Across the political aisle, Rep. Marjorie Taylor Greene, R-Ga., signaled her support, writing that Americans want an affordable cost of living, safe communities and quality education ‘not going into another foreign war.’

‘This is not our fight,’ Greene doubled down on Saturday night, before Trump’s Truth Social announcement. 

The bill’s original co-sponsors also include progressive Democrat Reps.Pramila Jayapal, Summer Lee, Ayanna Pressley and Rashida Tlaib, who called it unconstitutional for ‘Trump to go to war without a vote in Congress.’

White House Press Secretary Karoline Leavitt said Thursday that Trump would make his decision about whether to bomb Iran within two weeks. 

‘We have completed our very successful attack on the three Nuclear sites in Iran, including Fordow, Natanz, and Esfahan. All planes are now outside of Iran air space. A full payload of BOMBS was dropped on the primary site, Fordow. All planes are safely on their way home. Congratulations to our great American Warriors. There is not another military in the World that could have done this. NOW IS THE TIME FOR PEACE! Thank you for your attention to this matter,’ Trump said Saturday night. 

Israel launched preemptive strikes on Iran’s nuclear facilities and military leaders last week, which the Islamic Republic considered a ‘declaration of war.’ Strikes between Israel and Iran have raged on since, as Trump said he was considering whether to sign off on U.S. strikes against Iran. 

The Jewish State targeted Iran’s nuclear capabilities after months of failed negotiations in the region and heightened concern over Iran developing nuclear weapons. 

But Ali Bahreini, Iran’s ambassador to Geneva, said Iran ‘will continue to produce the enriched uranium as far as we need for peaceful purposes,’ as Israel, and now the U.S., have issued strikes against Iran’s nuclear capabilities. 

This post appeared first on FOX NEWS

This week, Microsoft (NASDAQ:MSFT) and OpenAI’s once tight alliance showed signs of strain, while Meta Platforms (NASDAQ:META) continued to source artificial intelligence (AI) talent from rival companies.

Meanwhile, SoftBank’s (TSE:9434) CEO is considering a new chip and robotics venture in Arizona, and Google (NASDAQ:GOOGL) is looking to bring AI solutions to American cities.

Read on to dive deeper into this week’s top tech stories.

1. OpenAI and Microsoft partnership faces tension

Microsoft and OpenAI’s once-close partnership is reportedly entering a tense period of renegotiation as OpenAI restructures into a public-benefit company and seeks more autonomy.

According to sources for The Information, recent negotiations have centered on reducing Microsoft’s long-term revenue share in exchange for a 33 percent stake in the newly formed entity. Additionally, OpenAI would like to limit Microsoft’s access to future models such as Windsurf, which OpenAI acquired in May.

The company has competitive concerns with Microsoft’s GitHub Copilot, according to the people.

Tensions have risen enough that some OpenAI executives are even weighing antitrust action against Microsoft, according to sources for the Wall Street Journal. In a joint statement, both companies maintained they want to continue working together; however, the Financial Times reported on Wednesday (June 18) that if they can’t reach an agreement, Microsoft is prepared to walk away and rely on its existing contract with the startup, which extends until 2030.

2. SoftBank floats trillion-dollar robotics hub in Arizona

SoftBank is reportedly interested in a trillion-dollar infrastructure project and has reached out to Taiwan Semiconductor Manufacturing Company (NYSE:TSM) as a potential collaborative partner.

Sources for Bloomberg revealed on Friday (June 20) that SoftBank founder Masayoshi Son has approached the Taiwanese chipmaker to play a “prominent role” in a manufacturing park in Arizona codenamed “Project Crystal Land,” which may serve as a major production facility for AI-powered industrial robots.

The sources said SoftBank has also approached Samsung Electronics (KRX:005930) and other companies with the idea. SoftBank officials have reportedly engaged in discussions with federal and state government officials, including US Secretary of Commerce Howard Lutnick, to explore potential tax incentives for companies onshoring high-tech manufacturing.

In other semiconductor news, Texas Instruments (NASDAQ:TXN) said on Wednesday that it will spend more than US$60 billion building seven new semiconductor facilities across the US. Meanwhile, Amazon (NASDAQ:AMZN) announced over the weekend that it will invest AU$20 billion to expand data center infrastructure in Australia by 2029.

3. Intel reportedly planning sizeable layoffs

Intel (NASDAQ:INTC) is reportedly set to implement substantial layoffs, impacting 15 to 20 percent of its factory workforce, according to an internal memo distributed on Saturday (June 14) and obtained by the Oregonian.

This move comes amidst continuing efforts to overhaul a company lagging behind its peers.

For some time, Intel’s offerings have struggled to compete effectively against those of key rivals in the highly competitive market of AI products and chip divisions. In a concerted effort to address this gap and reinvigorate its innovation pipeline, Intel has also been actively recruiting top-tier engineering talent.

On Wednesday, Intel expanded its sales and engineering leadership team to include experienced professionals from Cadence Design Systems (NASDAQ:CDNS), Apple (NASDAQ:AAPL) and Google.

These strategic hires are intended to inject fresh perspectives and expertise into crucial engineering departments, directly contributing to the company’s ambitious plans to develop more competitive and advanced AI solutions.

4. Google partners with Conference of Mayors for city AI strategies

On Friday, Google announced that it has partnered with the US Conference of Mayors to help speed the adoption of city-wide AI strategies. With the announcement, the company released a playbook titled A Roadmap for America’s Mayor that provides a framework for city leaders to develop and host an “AI Adoption Workshop,’ which would be structured to help cities identify and explore how AI can support specific needs, drawing on experiences from other communities.

The roadmap suggests cities conduct a general survey to tailor workshop content by gathering information on current AI usage, as well as concerns and ideas for AI applications. Various approaches are suggested for drafting the strategy document, including a dedicated working group, an appointed lead drafter, a hybrid model or engaging external expertise, with a recommended deadline of four to six weeks post-workshop for the first draft.

5. Meta hires top AI talent

Sources for the Information indicated on Wednesday that Meta CEO Mark Zuckerberg is bringing Daniel Gross, CEO of Ilya Sutskever’s startup Safe Superintelligence, and former GitHub CEO Nat Friedman onboard.

According to the report, Gross and Friedman will both join Meta, with Gross leaving his startup to focus on AI products at Meta and Friedman taking on a broader role. Both are expected to work directly with Zuckerberg and Scale AI CEO Alexandr Wang, who signed a US$14.3 billion deal to join Meta last week.

In exchange, Meta will get a stake in NFDG, the venture capital firm co-owned by Gross and Friedman that has backed companies such as Coinbase Global (NASDAQ:COIN), Figma, CoreWeave (NASDAQ:CRWV), Perplexity and Character.ai.

On the most recent episode of his brother’s “Uncapped” podcast, OpenAI CEO Sam Altman said that Meta has also offered signing bonuses as high as US$100 million and large compensation packages to OpenAI employees.

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

This post appeared first on investingnews.com

Co-sponsors of the War Powers Resolution, Reps. Ro Khanna, D-Calif, and Thomas Massie, R-Ky., were quick to criticize President Donald Trump for greenlighting attacks on three nuclear sites in Iran Saturday night. 

‘This is not constitutional,’ Massie said, responding to Trump’s Truth Social post announcing the strikes on Fordow, Natanz and Isfahan in Iran. 

The bipartisan War Powers Resolution was introduced in the House of Representatives this week as strikes between Israel and Iran raged on, and the world stood by to see if Trump would strike. 

Sources familiar told Fox News Digital that both House Speaker Mike Johnson, R-La., and Senate Majority Leader John Thune, R-S.D., were briefed on the strikes ahead of time. 

‘Trump struck Iran without any authorization of Congress. We need to immediately return to DC and vote on @RepThomasMassie and my War Powers Resolution to prevent America from being dragged into another endless Middle East war,’ Khanna said. 

This week, lawmakers sounded off on the unconstitutionality of Trump striking Iran without congressional approval. Congress has the sole power to declare war under Article I of the Constitution

The War Powers Resolution seeks to ‘remove United States Armed Forces from unauthorized hostilities in the Islamic State of Iran’ and directs Trump to ‘terminate’ the deployment of American troops against Iran without an ‘authorized declaration of war or specific authorization for use of military forces against Iran.’

As Trump announced his strikes against Iran – without congressional approval – Khanna said representatives should return to Capitol Hill to prevent further escalation.

And in the upper chamber, Sen. Tim Kaine, D-Va., introduced his own war powers resolution ahead of the bipartisan duo in the House. While the resolution had been gaining steam with his colleagues, momentum could be stalled due to the strikes. His resolution is privileged, meaning that lawmakers will have to consider it. The earliest it could be voted on is Friday.

Kaine argued in a statement that ‘the American public is overwhelmingly opposed to the U.S. waging war on Iran.’

‘And the Israeli Foreign Minister admitted yesterday that Israeli bombing had set the Iranian nuclear program back ‘at least 2 or 3 years,” he said. ‘So, what made Trump recklessly decide to rush and bomb today? Horrible judgment. I will push for all senators to vote on whether they are for this third idiotic Middle East war.’

This week on Capitol Hill, Massie, the conservative fiscal hawk who refused to sign onto Trump’s ‘big, beautiful bill,’ built an unlikely bipartisan coalition of lawmakers resisting the U.S.’ involvement in the Middle East conflict. 

‘This is not our war. But if it were, Congress must decide such matters according to our Constitution,’ Massie said. 

Massie, whom Trump threatened to primary during the House GOP megabill negotiations, invited ‘all members of Congress to cosponsor this resolution.’ By Tuesday night, the bipartisan bill had picked up 27 cosponsors, including progressive ‘Squad’ members Reps. Alexandria Ocasio-Cortez and Ilhan Omar.

Across the political aisle, Rep. Marjorie Taylor Greene, R-Ga., signaled her support, writing that Americans want an affordable cost of living, safe communities and quality education ‘not going into another foreign war.’

‘This is not our fight,’ Greene doubled down on Saturday night, before Trump’s Truth Social announcement. 

The bill’s original co-sponsors also include progressive Democrat Reps.Pramila Jayapal, Summer Lee, Ayanna Pressley and Rashida Tlaib, who called it unconstitutional for ‘Trump to go to war without a vote in Congress.’

White House Press Secretary Karoline Leavitt said Thursday that Trump would make his decision about whether to bomb Iran within two weeks. 

‘We have completed our very successful attack on the three Nuclear sites in Iran, including Fordow, Natanz, and Esfahan. All planes are now outside of Iran air space. A full payload of BOMBS was dropped on the primary site, Fordow. All planes are safely on their way home. Congratulations to our great American Warriors. There is not another military in the World that could have done this. NOW IS THE TIME FOR PEACE! Thank you for your attention to this matter,’ Trump said Saturday night. 

Israel launched preemptive strikes on Iran’s nuclear facilities and military leaders last week, which the Islamic Republic considered a ‘declaration of war.’ Strikes between Israel and Iran have raged on since, as Trump said he was considering whether to sign off on U.S. strikes against Iran. 

The Jewish State targeted Iran’s nuclear capabilities after months of failed negotiations in the region and heightened concern over Iran developing nuclear weapons. 

But Ali Bahreini, Iran’s ambassador to Geneva, said Iran ‘will continue to produce the enriched uranium as far as we need for peaceful purposes,’ as Israel, and now the U.S., have issued strikes against Iran’s nuclear capabilities. 

This post appeared first on FOX NEWS

President Donald Trump addressed the nation just after 10 p.m. Eastern Time following the U.S. military’s successful strikes on a trio of Iranian nuclear facilities. 

‘A short time ago, the U.S. military carried out massive precision strikes on the three key nuclear facilities in the Iranian regime: Fordo, Natanz and Isfahan,’ he said. ‘Everybody heard those names for years as they built this horribly destructive enterprise. Our objective was the destruction of Iran’s nuclear enrichment capacity, and a stop to the nuclear threat posed by the world’s number one state sponsor of terror. Tonight, I can report to the world that the strikes were a spectacular military success.’ 

‘For 40 years, Iran has been saying, ‘Death to America. Death to Israel.’ They have been killing our people, blowing off their arms, blowing off their legs with roadside bombs,’ Trump continued. ‘That was their specialty. We lost over a thousand people and hundreds of thousands throughout the Middle East and around the world have died as a direct result of their hate in particular.’

Trump reported that Iran’s nuclear facilities had been ‘obliterated’ and that the country has been backed into a corner and ‘must now make peace.’

‘Iran’s nuclear enrichment facilities have been completely and totally obliterated,’ Trump said. ‘And Iran, the bully of the Middle East, must now make peace. If they do not. future attacks would be far greater and a lot easier.’ 

Trump’s address followed him announcing just Thursday, via his Press Secretary Karoline Leavitt, that he would make a decision on whether to strike Iran within a two-week period. 

‘I have a message directly from the president, and I quote, ‘Based on the fact that there’s a substantial chance of negotiations that may or may not take place with Iran in the near future, I will make my decision whether or not to go within the next two weeks,” Leavitt said at a White House briefing quoting Trump.

Trump had repeatedly urged Iran to make a deal on its nuclear program before striking its nuclear facilities, but the country pulled out of ongoing talks with the U.S. scheduled for June 15 in Oman and refused to return to the table in the days following. Israel preemptively ordered strikes on Iran June 12 as Israeli intelligence indicated Iran’s nuclear program was rapidly progressing. 

Trump went on to congratulate the U.S. military for carrying out the successful attack, as well as Israeli Prime Minister Benjamin Netanyahu for working with the U.S. during the operation. 

‘I want to thank and congratulate Prime Minister Bibi Netanyahu. We worked as a team, like perhaps no team has ever worked before, and we’ve gone a long way to erasing this horrible threat to Israel. I want to thank the Israeli military for the wonderful job they’ve done. And most importantly, I want to congratulate the great American patriots who flew those magnificent machines tonight and all of the United States military on an operation the likes of which the world has not seen in many, many decades,’ he said. 

Trump warned Iran that ‘there will be either peace or there will be tragedy’ for the country following the strikes. 

‘Remember, there are many targets left. Tonight’s was the most difficult of them all by far, and perhaps the most lethal. But if peace does not come quickly, we will go after those other targets with precision, speed and skill. Most of them can be taken out in a matter of minutes. There’s no military in the world that could have done what we did tonight. Not even close. There’s never been a military that could do what took place just a little while ago,’ Trump said. 

The president previewed that Secretary of Defense Pete Hegseth and the Chairman of the Joint Chiefs of Staff Dan Caine will hold a press conference on the strikes at 8 a.m. Eastern Time Sunday. 

‘I want to just thank everybody. And in particular, God, I want to just say, we love you, God, and we love our great military. Protect them. God bless the Middle East. God bless Israel, and God bless America,’ he said before ending his address. 

Trump announced Saturday evening via a Truth Social post, which was not preceded by media leaks, that the U.S. had carried out three successful attacks. 

Fox News’ Sean Hannity reported Saturday that the U.S. used six bunker-buster bombs — each of which weighed 15 tons — in its strikes on Iran’s Fordow nuclear facility. The bombs were dropped from American B-2 stealth bombers. 

Additionally, 30 tomahawk missiles launched from U.S. submarines were used in the attacks on the Nanatz and Isfahan facilities, he reported. 

Ahead of the Saturday evening strikes, six B-2 stealth bombers from an Air Force base in Missouri appeared to be en route to a U.S. Air Force base in Guam, U.S. officials confirmed to Fox News Saturday. 

Reports of the bombers were likely part of the ‘misleading tidbits put out there to suggest that maybe President Trump had had put off the decision,’ Fox News Chief National Security Correspondent Jennifer Griffin said during an appearance Saturday evening as news broke of the strikes. 

‘Those six B-2 bombers that were heading west toward Guam, they would not have made it to Iran in time to take part in this strike,’ she said while speaking with Fox News’ Bret Baier Saturday evening. ‘So, that suggests to me that there was an additional B-1 package that perhaps flew eastward from Whiteman Air Force Base. Again, this was all part of the deception. There was a great deal of sort of misleading tidbits put out there to suggest that maybe President Trump had put off the decision and that this would happen two weeks from now.’

Israel launched pre-emptive strikes on Iran June 12 after months of attempted and stalled nuclear negotiations and subsequent heightened concern that Iran was advancing its nuclear program. Netanyahu declared soon afterward that the strikes were necessary to ‘roll back the Iranian threat to Israel’s very survival.’

He added that if Israel had not acted, ‘Iran could produce a nuclear weapon in a very short time.’ 

Dubbed ‘Operation Rising Lion,’ the strikes targeted Iran’s nuclear and missile infrastructure and killed a handful of senior Iranian military leaders.

Fox News’ Jennifer Griffin and Rachel Wolf contributed to this report. 

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The U.S. struck three Iranian nuclear sites following President Donald Trump’s order on Saturday, and he’s expected to address the nation at 10 p.m. Eastern. The strike is the result of over a decade of the president saying that Iran cannot have a nuclear weapon. 

‘IRAN MUST NOW AGREE TO END THIS WAR,’ Trump posted to Truth Social on Saturday night.

‘We have completed our very successful attack on the three Nuclear sites in Iran, including Fordow, Natanz, and Esfahan. All planes are now outside of Iran air space. A full payload of BOMBS was dropped on the primary site, Fordow. All planes are safely on their way home. Congratulations to our great American Warriors. There is not another military in the World that could have done this. NOW IS THE TIME FOR PEACE! Thank you for your attention to this matter,’ he said in another post. 

Despite previous media reporting that the Trump administration was open to allowing Iran to continue its uranium enrichment program, potentially allowing the development of Iranian nuclear weapons, President Donald Trump has taken a strong stance on the issue, repeatedly saying he would not allow the country to develop any nuclear weapons.

Axios reported earlier this month that as part of a deal to ease U.S. sanctions offered to Iran by White House envoy Steve Witkoff, ‘would allow limited low-level uranium enrichment on Iranian soil for a to-be-determined period of time.’ This was something the outlet said risked backlash from Trump allies on Capitol Hill and in Israel.

Shortly after the Axios story, Trump posted on Truth Social that ‘under our potential Agreement — WE WILL NOT ALLOW ANY ENRICHMENT OF URANIUM!’

The AP reported that Trump’s message ‘appeared to undercut a proposal that was offered’ by his administration and that Witkoff and the president ‘have repeatedly offered inconsistent public messages about whether Iran would be allowed to retain the capacity to enrich uranium to lower levels for civilian purposes.’

Trump, however, has consistently said that he would not, under any circumstances, allow Iran to develop a nuclear weapon.

Dating back to 2011, Trump has gone on the record voicing his belief that Iran should not have access to nuclear weapons over three dozen times.

As early as his 2011 book ‘Time to Get Tough,’ Trump said: ‘America’s primary goal with Iran must be to destroy its nuclear ambitions. Let me put them as plainly as I know how: Iran’s nuclear program must be stopped by any and all means necessary. Period. We cannot allow this radical regime to acquire a nuclear weapon that they will either use or hand off to terrorists.’

He has also made clear his stance that Iran should not even be allowed to further develop nuclear arms, saying in a 2011 tweet that ‘Iran’s nuclear program must be stopped – by any and all means necessary.’

Then, after announcing his 2016 presidential campaign, Trump criticized President Barack Obama for negotiating ‘a disastrous deal with Iran,’ saying, ‘Iran cannot be allowed to have a nuclear weapon and, under a Trump Administration, will never be allowed to have a nuclear weapon.’

Then again, in 2017, Trump was quoted by NPR saying, ‘We will deny the regime all paths to a nuclear weapon.’

On the 2024 campaign trail, Trump said repeatedly that nuclear ramping up is ‘the biggest risk we have.’ In an interview with Patrick Bet-David ‘the real threat isn’t global warming. The real threat is — threat is nuclear warming.’  

Referring to Iran, he said, ‘They’re very close to having a nuclear weapon,’ and ‘I wanted Iran to be very successful. I just don’t want them to have a nuclear weapon.’

He also criticized former President Joe Biden, saying he ‘should never have allowed them to get this far. They’re way — they’re way advanced now.’

While campaigning, Trump was recorded at least 34 times saying Iran should have no way of developing nuclear weapons, a Fox News Digital review of video shows.

‘They can’t have a nuclear weapon. And now, they’re very close to having one, and it’s very dangerous for the world, very dangerous for the world. I mean, the biggest — the biggest problem today, in my opinion, the biggest risk is the nuclear weapons, the weaponry. It’s so powerful today,’ he said in a campaign rally in Milwaukee in October.

‘They’re financing Hamas, and they’re financing Hezbollah … they go around, saying, ‘Death to Israel. Death to America.’ And they chant it openly all over the place. Don’t let Iran have nuclear weapons. That’s my only thing I have to tell you today. Don’t let them have it,’ he said at a campaign event in Clive, Iowa.

Iran has repeatedly said it will not agree to a uranium enrichment ban, arguing it has the right to the process, which is also vital for nuclear energy. 

Fox News Digital’s Caitlin McFall contributed to this report.

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