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October 2026

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Shares of Lam Research took a hit recently as investors reacted coolly to the company’s latest financial projections. While the chip equipment manufacturer continues to play a critical role in the global semiconductor supply chain, its most recent outlook failed to ignite excitement among Wall Street traders, leading to a noticeable dip in stock price.

The decline suggests that market expectations had grown too optimistic, leaving little room for anything less than stellar guidance. Despite the broader industry momentum driven by artificial intelligence and high performance computing, analysts noted that the current forecasts lacked the aggressive growth targets necessary to sustain the stock’s previous upward trajectory.

Industry insiders suggest that this volatility reflects a wider nervousness about when certain sectors of the chip market will fully recover. While demand remains strong for cutting edge nodes, some of the legacy segments where Lam Research operates have seen slower adoption rates, creating a mixed bag of results that left shareholders feeling uneasy.

Moving forward, the company faces the challenge of proving it can capitalize on next generation manufacturing trends while stabilizing its core revenue streams. For now, the market seems content to wait for more concrete signs of acceleration before betting heavily on another rally for the gear maker.

Sage Potash has significantly ramped up the potential of its Sage Plain project in Utah, announcing a massive jump in estimated resources following a productive summer of drilling. The company revealed that its total potash estimate has climbed to approximately 771.5 million metric tons, a substantial increase from the previous figure of 298.1 million. Most importantly, the firm has shifted 226.1 million metric tons into higher confidence categories, providing a much firmer foundation for future mine planning in San Juan County’s Paradox Basin.

To extract these minerals, Sage intends to utilize solution mining, a process where potash is dissolved underground and pumped to the surface as brine. This strategy received a boost recently when tests at the Peterson 1 well confirmed the presence of two saline water bearing zones. Chief Executive Officer Patricio Varas noted that securing reliable water sources is a critical part of the puzzle for solution mining, and these findings will now be integrated into the company’s broader engineering studies.

Looking ahead, the company is eyeing an initial annual production target of between 150,000 and 300,000 metric tons. While they move toward this goal through environmental studies and permitting processes, they plan to file a formal technical report within 45 days of their mid October announcement. If successful, the project could offer a rare domestic alternative for an industry currently dominated by foreign imports.

The push for local production comes at a time when U.S. fertilizer security remains volatile due to global politics. Currently, the United States relies heavily on Canada and Russia for its potash needs, while tensions with Belarus have historically disrupted supplies via sanctions. By establishing a foothold in Utah, Sage Potash hopes to reduce this dependence on international markets and insulate American agriculture from overseas trade disputes and geopolitical instability.

The traditional allure of gold is finding a second life in the digital age, according to a comprehensive new study conducted by the World Gold Council and Boston Consulting Group. Researchers suggest that the shift toward digital gold could spark an incredible surge in demand, potentially adding up to 700 billion dollars to the market as accessibility increases and consumer trust grows. While the current market is estimated to be worth between 45 billion and 55 billion dollars, there is significant room for expansion if the industry can successfully bridge the gap between physical bullion and virtual portfolios.

Much of this projected growth is expected to come from a demographic that has historically avoided precious metals. The data reveals that about 65 percent of this potential demand stems from individuals who do not currently own any gold, with younger investors leading the charge. In particular, awareness of digital gold options is far more prevalent among adults aged 25 to 34 compared to those over 55. This suggests that intuitive digital platforms are turning gold into an entry point for a new generation of savers rather than just a legacy asset for veteran investors.

However, scaling this opportunity requires more than just appetite from buyers. David Tait, CEO of the World Gold Council, emphasizes that robust infrastructure and standardized regulations are essential to ensure investors feel secure in their purchases. He argues that while shared systems are being developed to help issuers launch compliant products more efficiently, true liquidity depends on the entire industry adhering to uniform standards. Without these safeguards, the leap from curiosity to widespread adoption may remain stalled.

Despite these hurdles, early indicators show promising momentum for tokenized versions of the metal. These assets have seen their value quintuple recently, with trading volumes hitting record highs in early 2026. Urs Rahne of BCG believes that gold’s inherent physical nature actually makes it one of the most credible candidates for digitization. By blending timeless stability with modern convenience, proponents believe gold can evolve into a cornerstone of the global digital asset landscape.

Eli Lilly is doubling down on its integration of artificial intelligence with a new strategic partnership aimed at revolutionizing how drugs are delivered within the human body. Through a high stakes deal with Hong Kong listed METiS TechBio, the pharmaceutical giant hopes to refine the use of lipid nanoparticles, which act as microscopic vehicles transporting medicine to specific cells and tissues. If the collaboration hits its marks, METiS could receive up to 1.1 billion dollars in milestone payments.

The core of the project relies on a proprietary AI platform called AiLNP developed by METiS. By utilizing generative and predictive algorithms, the team aims to optimize ionizable lipids to ensure that therapeutic payloads reach their intended destinations more accurately and efficiently. While neither company has specified which exact diseases they are targeting first, leadership at METiS suggests that improving tissue specificity is essential for the next generation of complex medical treatments.

This move is part of a much broader trend for Eli Lilly, which has been aggressively building an AI ecosystem to accelerate drug discovery. Earlier this year, the company signed another major agreement with Insilico Medicine to leverage automated platforms for creating novel oral therapeutics. This pattern shows a clear shift toward tech bio, where traditional chemistry is augmented by machine learning to reduce trial and error in the lab.

Beyond these partnerships, Lilly is investing heavily in its own hardware infrastructure to maintain a competitive edge. The company recently deployed a massive supercomputing system powered by Nvidia GPUs, creating what has been described as one of the most powerful private AI factories in the pharma world. Between these internal tools and external collaborations, Lilly is positioning itself at the intersection of big data and biology to fundamentally change how patient care is developed.

Hudbay Minerals and Mitsubishi have officially given the green light to move forward with the construction of Copper World, a massive new mining operation located just outside Tucson, Arizona. The announcement follows a detailed feasibility study that positions the site as a cornerstone for future domestic metal production. Under the terms of their partnership, Hudbay maintains a seventy percent stake in the project while Mitsubishi holds thirty percent, with both companies aiming to bring the mine into full production by the latter half of 2029.

The scale of the project is ambitious, with projections suggesting an average annual output of 102,000 metric tons of copper during its first decade. This figure represents a significant increase over previous estimates and underscores the strategic importance of the region. For Hudbay specifically, the activation of Copper World combined with other regional growth initiatives is expected to double its total consolidated copper production to roughly 250,000 metric tons per year.

Financial architects behind the deal highlighted a disciplined approach to funding that limits immediate risk. Eugene Lei, Hudbay’s president and CFO, noted that a clever capital allocation strategy allows the company to fund only twenty five percent of the initial costs, with primary contributions deferred until 2028. Beyond the initial ten year window, there is potential to extend the mine’s lifespan up to thirty seven years through further expansion onto federal lands, provided necessary permits are secured.

This development is part of a broader effort by Hudbay to dominate the American Southwest’s mineral landscape. By combining this venture with its acquisition of Arizona Sonoran Copper Company and the associated Cactus project, Hudbay intends to establish what it describes as one of North America’s largest copper districts. Executives from both firms emphasized that securing these critical minerals within U.S. borders is essential for long term industrial stability and corporate growth.

The Canadian and Ontario governments have unveiled a massive two billion dollar investment aimed at unlocking the vast potential of the Ring of Fire. During a joint appearance on Wednesday, Prime Minister Mark Carney and Premier Doug Ford announced that the federal government will match Ontario’s own one billion dollar contribution over the next three years. This capital is specifically earmarked for essential road infrastructure, which is necessary to access some of the most strategic mineral deposits in North America.

This ambitious push is about more than just paving roads; it is a calculated move to insulate the domestic economy from volatile US trade measures and tariffs. By strengthening the supply chain for critical minerals like nickel, copper, and platinum, officials hope to secure Canada’s place in the global shift toward electric vehicles and advanced manufacturing. Prime Minister Carney emphasized that these investments are designed to protect current jobs while building a more independent and resilient economic future from the mine to the assembly line.

To ensure these projects don’t get bogged down in bureaucracy, the two levels of government are introducing a streamlined permitting process to speed up approvals. Beyond the immediate funding, they are identifying priority projects that can tap into existing federal accelerators and tax credits. A dedicated working group will also be tasked with engaging First Nations communities, ensuring that development includes local economic opportunities and respects environmental conservation goals through Indigenous protected areas.

Located deep in Northern Ontario, far beyond Thunder Bay, the Ring of Fire represents an enormous economic opportunity. Provincial estimates suggest that fully developing this remote region could spark twenty-two billion dollars in economic activity and create upwards of seventy thousand jobs over three decades. Combined with previous initiatives like the five hundred million dollar Critical Minerals Processing Fund, this latest agreement signals a determined effort by Premier Ford and his partners to keep as much value as possible within provincial borders.

The Trump administration has ordered non-emergency U.S. government employees and their families to leave Saudi Arabia as deadly Houthi attacks intensify across the kingdom, raising the stakes as President Donald Trump weighs direct military action against the Iran-backed group.

State Department spokesperson Tommy Pigott confirmed Wednesday that the mandatory departure order applies only to Saudi Arabia, pushing back on reports that Washington was preparing a broader evacuation of diplomatic personnel across the Gulf.

“The U.S. Department of State issued an ordered departure for non-emergency U.S. government employees and their family members in Saudi Arabia only,” Pigott said.

HOW SAUDI ARABIA’S DEFENSE VULNERABILITIES COULD BECOME TRUMP’S PROBLEM AMID HOUTHI ONSLAUGHT

The order comes amid a surge in Houthi missile and drone attacks that has left civilians dead, disrupted air travel and sent Saudi Arabia scrambling for additional missile defenses.

“Iranian-supported Houthis have increasingly engaged in hostilities against Saudi Arabia, including attacks on civilian airports and other critical infrastructure resulting in civilian casualties and severe travel disruptions,” Pigott added.

President Donald Trump is weighing whether to launch direct U.S. military strikes against the Houthis, whose expanding missile and drone campaign has increasingly threatened Saudi cities, airports and energy infrastructure.

Houthi strikes and attempted strikes on Saudi Arabia more than doubled in a single week this month, according to the Armed Conflict Location & Event Data Project, with airports in Riyadh, Jizan, Najran, Dammam and Abha targeted since Oct. 5.

The deadliest barrage struck King Khalid International Airport in Riyadh, killing at least 13 people and wounding more than 300.

SAUDI ARABIA ON EDGE: ICONIC KINGDOM CENTRE SENDS WORKERS HOME AMID HOUTHI ATTACKS

The escalating attacks have prompted Saudi Arabia to seek additional military support from its allies. Britain announced Tuesday that it would deploy Typhoon fighter jets to help defend Saudi cities and critical infrastructure, while Egypt is assisting the kingdom and Israel has offered to help.

Riyadh has also asked Washington for additional missile interceptors, though U.S. officials have warned that global demand is straining available supplies.

“I also talked to Saudi Arabia today; they’d like interceptors. Israel would like interceptors. We would like interceptors. Every country in the world would like interceptors,” Secretary of State Marco Rubio said Tuesday.

Rubio described the weapons as “probably the most in-demand product right now in the defense field,” acknowledging that the United States must balance requests from allies against its own military requirements.

The growing threat has exposed the difficulty of defending Saudi Arabia’s vast territory against relatively inexpensive missiles and drones, even with some of the world’s most sophisticated air defenses.

“Saudi Arabia is a huge geography to protect, and this speaks to a larger threat we’re facing globally: a relatively small nonstate actor can pose a serious challenge to even a sophisticated and extremely expensive military,” Farea Al-Muslimi, a research fellow at Chatham House, told Fox News Digital in an interview published Wednesday.

“The Houthis can impose enormous costs without having to spend very much themselves,” he said.

Trump has left open the possibility of direct military intervention against the Houthis, telling reporters earlier this month that the U.S. could join Saudi strikes against the group.

“We may. We’re gonna look at it,” Trump said. “We’ll make a decision. We move very quickly.”

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The U.S. conducted a roughly two-month bombing campaign against Houthi targets in Yemen in 2025 before Trump halted the operation following an Oman-brokered agreement.

The U.S. continues to provide intelligence and targeting support to Saudi Arabia as Trump weighs whether to launch another round of strikes against the Houthis.

Democrats are up in arms after a so-called polling firm that projected far-left candidates as strong contenders in several primaries admitted that it had fabricated its polling data.

Wedgewood Polling, which billed itself as an election survey company, released a statement Tuesday night admitting it used “fabricated numbers” for an “experimental project to demonstrate the vulnerabilities, lack of oversight, and overall low barrier to entry in the modern political polling industry.”

The group’s polls were cited by Abdul El-Sayed’s campaign amid a high-profile primary race against Michigan state Sen. Mallory McMorrow and U.S. Rep. Haley Stevens, D-Mich. The nonpartisan polling aggregator Political Polls also cited Wedgewood in the Wisconsin gubernatorial race, showing socialist Francesca Hong having an edge over Republican candidate Rep. Tom Tiffany, R-Wis.

McMorrow said Wedgewood’s numbers led to her donations drying up and reporters having “hounded” her with calls to drop out of the race.

JONATHAN TURLEY: FAKE POLLSTER’S STUNT WAS A RECKLESS GAME WITH REAL RACES

“Sure, a point was proven. Polling is broken. But tens of thousands of people poured their hearts, time, energy, hard-earned money into something they believed in – for a year-and-a-half, and it was treated like a game,” she said in a statement on X. “Trust is already at an all-time low. We don’t get out of this mess without rebuilding trust. And media – who loves to ride the drama of a pollercoaster – needs to take a hard look at what’s legitimate and what’s not.”

Unlike El-Sayed, who advanced from Michigan’s Democratic Senate primary, Hong lost Wisconsin’s Democratic gubernatorial primary to the establishment-backed candidate. El-Sayed, a former Michigan public health official, is currently locked in a tight race against former U.S. Rep. Mike Rogers, R-Mich., for Michigan’s open Senate seat.

Democrat strategist Jennifer Holdsworth said she ran a super PAC that raised money for McMorrow and that “this poll was used by several donors to pull back funding at a time we were being outspent by $80 million.”

MORNING GLORY: THE POLLS GOT MICHIGAN BADLY WRONG. NOW DEMOCRATS MAY FACE A BIGGER RECKONING

Wedgewood’s numbers were cited by high-profile outlets like The New York Times and Decision Desk HQ, which both said they have since removed them from their projections.

The Times said it removed 15 polls released by Wedgewood between June and October after it admitted to fabricating data. The outlet said Wedgewood had “answered a series of questions regarding the identities of the pollsters; the methods they were using to draw their sample, contact respondents and weight their polls; and the source of their funding” during its vetting process.

Decision Desk HQ said it removed 17 Wedgewood polls from its projections but that it “has not changed the projected seat totals or chamber control probabilities in the Senate or House.”

Wedgewood Polling’s statement said it “was never intended to sway an election” but rather was aimed as a “wake-up call” about data integrity and vetting standards.

MYSTERIOUS POLLING FIRM BEHIND FAKE ELECTION SURVEYS CLOSES AFTER ADMITTING ‘SOCIAL EXPERIMENT’

“These people are absolute scumbags,” veteran Democratic strategist and former Kamala Harris advisor Mike Nellis told Fox News Digital. “They can try to claim that they have some moral high ground here, but they lied about their polling data, got caught, and are freaking out because they’ve committed fraud.”

“The people responsible for this should be run out of American politics, and if they can be, they should be prosecuted to the full extent of the law,” Nellis said. He added that both Democrats and Republicans, as well as the media, should reflect on how polling is verified “because there’s likely other people that are doing things like this.”

TOP ELECTION SCHEMES ROILING KEY MIDTERM RACES AS BOTH PARTIES ACCUSE RIVALS OF TRICKERY

Independent outlet FiftyPlusOne said it was investigating Wedgewood when it had released its statement. Co-founder G. Elliott Morris wrote on X, “We were investigating Wedgewood for faking their data and emailed them for comment this morning, ahead of publishing the findings tomorrow. They are trying to cover up their fraud with the ‘we were doing a social experiment’ excuse.”

Former Obama staffer Tommy Vietor said on X that Wedgewood’s actions amounted to “lying and fraud.”

A group called “Wedgewood Polls” had also previously created a GoFundMe to raise money for polling in Nebraska’s gubernatorial and Senate races. It raised $500 of its intended $5,000.

“I know they crowdfunded, I believe, a good chunk of their polls,” Nellis told Fox News Digital. “Are they going to return that money? And if not, are they going to be prosecuted?”

FOX NEWS POLL: IT’S A LONE STAR SENATE SHOWDOWN BETWEEN TALARICO AND PAXTON

Other Wedgewood surveys showed Democrats with significant edges over Republicans in states like Texas, where a July Wedgewood poll showed James Talarico leading state Attorney General Ken Paxton among Hispanics by 64% to 30%.

Republicans, including President Donald Trump, have long heaped doubt on the veracity of polls.

Polls notably showed former Secretary of State Hillary Clinton with an edge over Trump in 2016 — far from the actual result.

And with the fight for control of Congress coming to a head in November, every data point is being scrutinized as political tea leaves.

Fox News Digital reached out to McMorrow’s state Senate office, Stevens’ campaign and strategist Lis Smith for further comment.

FIRST ON FOX: Centers for Medicare & Medicaid Services Administrator Dr. Mehmet Oz is taking Americans inside the Trump administration’s war on healthcare fraud in a new documentary highlighting massive Medicare schemes, suspected hospice scams and allegations of organized crime involvement.

The 27-minute film, “War on Fraud,” first obtained by Fox News Digital, follows Oz across the country as he spotlights alleged fraud schemes targeting taxpayer-funded health care programs and details the administration’s efforts to crack down on those responsible.

“All these programs come back to one basic issue: Fraudsters and criminals don’t give a s— about you. They want your money, and they will walk all over your health, sacrifice your life and betray society’s trust to get your hard-earned money,” said Oz in the video. 

The documentary follows Oz across the country as he investigates suspected fraud involving Medicare, Medicaid, hospice care and other programs, with appearances from HHS Secretary Robert F. Kennedy Jr. and CMS Deputy Administrator Kim Brandt.

DR OZ SAYS 800 HOSPICE PROVIDERS SUSPENDED IN CALIFORNIA OVER ALLEGED $1B MEDICARE FRAUD SCHEME

Fox News Digital accompanied Oz Tuesday as he confronted workers at New York City senior day care centers suspected of questionable Medicaid billing practices during a sweeping federal fraud investigation.

More than 80 New York City providers received warning letters from CMS over questionable billing practices as part of a broader operation involving the FBI, HHS-OIG, NYPD and other agencies.

“FBI New York, along with multiple other law enforcement agencies are conducting law enforcement activity in the area of Queens, Staten Island, Brooklyn and other locations around New York City in connection with ongoing federal investigations,” an FBI spokesperson said of the crackdown. 

ON THE STREETS WITH DR OZ AS SURPRISE FRAUD CRACKDOWN SENDS DAYCARE DIRECTORS SCRAMBLING

Oz flagged what he described as a series of irregularities, including low attendance despite high Medicaid billing, questionable wheelchair transportation charges, seniors entering without signing in, inconsistent attendance claims and sign-in sheets containing future-dated entries.

The crackdown comes as CMS is pulling back the curtain on its broader war on fraud, releasing a new documentary that takes viewers inside the agency’s efforts to track down schemes siphoning taxpayer dollars from America’s healthcare programs.

In one segment of the film, Oz highlights hospice care as a hotbed for potential fraud, pointing to the Los Angeles area, where he says roughly 2,000 hospice providers operate, a concentration he argues has raised serious concerns about fraudulent billing.

FBI ADDS 2 FUGITIVES TO ‘MOST WANTED FRAUDSTERS’ LIST AMID HISTORIC $6.5B HEALTHCARE TAKEDOWN: PATEL

Oz claims in the documentary that Russian organized crime groups are involved in some suspected hospice fraud operations, alleging that unsuspecting patients are being enrolled in hospice care under false pretenses.

He claims the schemes involve falsely declaring patients terminally ill and misleading them into enrolling in hospice care, potentially limiting their access to treatment for conditions classified as terminal while allowing fraudulent operators to bill Medicare for services under false pretenses.

Minnesota has become a major focus of the Trump administration’s broader crackdown on government benefits fraud following a series of high-profile scandals involving taxpayer-funded programs.

VANCE-LED TASK FORCE CUTS OFF $1.4B FROM HOME HEALTH, HOSPICE PROVIDERS SUSPECTED OF FRAUD

Oz said Minnesota’s $250 million “Feeding Our Future” scandal helped intensify the administration’s focus on large-scale fraud, pointing to a case that erupted into the national spotlight in 2022 and has since produced a wave of federal convictions.

The White House Task Force on Fraud, led by Vice President JD Vance, has joined Oz in a media blitz highlighting alleged scams as the administration ramps up its crackdown on corruption in taxpayer-funded programs.

The documentary highlights one of the largest alleged Medicare fraud schemes in U.S. history, involving $3.7 billion in fraudulent billing claims tied to medical equipment companies operating in Delray Beach, Florida, according to federal prosecutors.

Federal prosecutors allege the scheme involved billing for medical equipment patients never requested or needed, and the accused ringleader fled the U.S. before being captured in Turkey and returned to South Florida to face federal charges.

FBI BRINGS BACK FUGITIVE ACCUSED IN $3.7B MEDICARE FRAUD SCHEME AFTER CAPTURE IN TURKEY

The documentary also shows Oz during an earlier visit to Flushing, Queens, where he describes a cluster of businesses — including a social adult daycare center, pharmacy and medical center — as a “clubhouse for crooks,” alleging the businesses are part of a fraudulent billing operation.

Oz says they recruit seniors, get them in, game the system and they use their ID numbers to charge everybody, “which means they are charging you.”

The documentary will be released Wednesday at 4 P.M. ET on Oz’s X account.

As gas prices climb amid the conflict with Iran, some of President Donald Trump’s most loyal supporters say they’re willing to pay more at the pump if it means keeping Tehran from obtaining a nuclear weapon — even with the midterm elections just two weeks away.

“If you’re really a good American, you’ll be thinking not for yourself or how much you’re spending for gas. But what life is going to be like for your children, your grandchildren and great-grandchildren,” one voter told Fox News Digital on Tuesday evening. 

“What will they grow up to? You have to keep those people in the political regime in Iran without a nuclear weapon. If we don’t do something now, isn’t that worth paying another dollar a gallon?” 

Fox News Digital spoke with several voters following Trump’s Tuesday rally at Pitt-Greenville Airport about rising gas prices, the upcoming midterm elections and the ongoing war with Iran, which has sent oil prices surging and added to Americans’ affordability concerns.

VOTERS PREPARE TO WEIGH-IN ON TRUMP’S ECONOMY AS COSTS CONTINUE TO SURGE

“Things haven’t changed much since Sleepy Joe,” another local voter, Shauna, told Fox News Digital about former President Joe Biden. “At least prices. … But [Trump is] doing the best he can with what he has. Because, you know, he’s not Congress. He can only pass so much.”

Another rallygoer told Fox News Digital that preventing Iran from acquiring a nuclear weapon was worth the cost of higher gas prices for American drivers.

TRUMP VOTERS SAY COSTS ARE CRUSHING THEIR WALLETS — BUT LOOK PAST PRESIDENT FOR BLAME

“We believed in what he [Trump] was saying and what he stood for,” local voter Michael told Fox News Digital. “And you hear people today saying, ‘Y’all wanted to get politicians out of Washington.’ … We got a businessman in. [He] never claimed to be a politician. He’s a businessman.

“Even with the gas prices up for what he’s done in Iran,” he added. “To me [that] is worth the high gas prices. I’ll take that any day to stop a country like Iran and take that nuclear power away. That’s a no-brainer, you know. Now, will the gas prices come down? Absolutely. They will come down because of what he’s done.”

IRAN ‘MISCALCULATING’ BY BETTING ON MIDTERMS AFTER 3-HOUR TALKS, TRUMP OFFICIALS WARN

Another Trump supporter, Steve, told Fox News Digital he would encourage other Americans to vote for GOP candidates despite high prices.

“It would take an act of God to lower prices before this election is over,” he said. “But I highly stress to everybody to vote Republican like you are voting like it’s the most important election in your lifetime. Because in many instances, it actually is.”

Trump has maintained that the ongoing war with Iran is a “small price to pay” to keep the nation safe.

The president has been crisscrossing the country in the final weeks before the Nov. 3 midterm elections, rallying his supporters in an effort to boost Republican candidates and help the GOP retain control of Congress. His North Carolina stop was aimed in part at bolstering Republican Senate candidate Michael Whatley, who is facing former Democratic Gov. Roy Cooper.