The Big 3Monday, January 12, 2026 A quick look at the top stories we’re following this week.DOJ issues a subpoena to the Federal Reserve. The move threatens criminal indictment against Fed Chair Jerome Powell for leading an "ostentatious" office renovation project that may be "violating the law.”President Trump calls for a one-year 10% credit card interest rate cap.Bank stocks tumble in early Monday trading, including Capital One, Synchrony, Citigroup, JPMorgan Chase and Bank of America. Exxon CEO Darren Woods calls Venezuela oil “uninvestible.”The U.S. oil executive says major security and governance assurances are needed first. This week’s Company Earnings Announcements at a glanceJPMorgan Chase & Co. (JPM)--Tuesday, 1/13The Bank of New York Mellon Corporation (BK)--Tuesday, 1/13Delta Air Lines, Inc. (DAL)--Tuesday, 1/13Bank of America Corporation (BAC)--Wednesday, 1/14Wells Fargo & Company (WFC)--Wednesday, 1/14Citigroup Inc. (C)--Wednesday, 1/14Taiwan Semiconductor Manufacturing Company Limited (TSM)--Thursday, 1/15The Goldman Sachs Group, Inc. (GS)--Thursday, 1/15Morgan Stanley (MS)--Thursday, 1/15BlackRock, Inc. (BLK)--Thursday, 1/15

The New Year got off to an action-packed start with news that U.S. military forces had deposed Venezuelan dictator Nicolás Maduro in a stunning Saturday morning raid.  While the speed of Maduro’s removal may be shocking to most, its happenstance was clearly predictable to a few in-the-know bettors on Polymarkets.This is perhaps a controversial way to score a gambling victory, but clearly the writing was on the wall. Maduro’s days were numbered the moment the U.S. began its naval campaign in the Caribbean this past summer. So what now? With news spreading on Monday that the U.S. would continue enforcing its blockade of tankers from Venezuela, energy stocks rose on the year’s first day of trading. Then on Tuesday, Trump posted on Truth Social, "I am pleased to announce that the Interim Authorities in Venezuela will be turning over between 30 and 50 MILLION barrels of high quality, sanctioned oil to the United States of America." Trump added that "This oil will be sold at its market price, and that money will be controlled by me, as President of the United States of America, to ensure it is used to benefit the people of Venezuela and the United States!" Traders retreated from energy stocks midweek, fearing a sudden supply-side glut of crude.As the only U.S. oil company operating inside of Venezuela, Chevron’s stock mirrored this volatility, rising by more than 7 points on Monday before erasing most of its gains over the next two days. In any event, Chevron would have its hands quite full rebuilding Venezuela’s deeply outdated oil infrastructure. On Friday, Trump gathered together executives from Chevron, Exxon, Marathon, and Valero to announce that U.S. oil companies will pump $100 billion dollars into updating and rebuilding Venezuela’s crumbling crude industry. But for traders who are eyeing the big picture, oil is only one small detail. Back in October, we covered the dust-up between the U.S. and China over rare earths. Rare earths are minerals that are used to produce the magnets for electric cars, airplanes, laptops, cell phones, semiconductors…pretty much everything, but most especially, everything used in the thing below, and all the things on this thing. The U.S. currently gets 70% of its rare earths from China. The two superpowers reached a truce over their dispute in November but tensions remain. As luck would have it, Venezuela also sits atop a possible bounty of rare earths the depth of which is not fully known.If the U.S. does control these resources, it would take away some of China’s trade leverage. Incidentally, the same would be true if the U.S. somehow assumed control over Greenland, a scenario which just became a lot less hypothetical this week.According to a recent article from Newsweek, “Greenland possesses some of the world's largest untapped reserves of rare earth elements (REEs)—minerals critical to modern technologies, clean energy transitions, and defense systems.” Building on that theme, President Trump announced his desire this week to bump the U.S. defense budget from $1 trillion dollars up to $1.5 trillion in 2027. Against this backdrop, all three major U.S. indices are set to end this week on the winning side. The S&P 500 once again recorded a new all time high. We wanted to know why so we Asked Urvin:You’ll have to download our mobile app to see what else Urvin has to say about it.

Prompt: Should i buy GME?Key signal values:• ⁠Upside Breakout (Long-term): 62.89 (Moderately High)• ⁠Downside Breakout (Long-term): 46.08 (Neutral)• ⁠Options Sentiment (Short-term): 75.2 (Moderately High)• ⁠Social Sentiment (Short-term): 63.89 (Moderately High)• ⁠Dark Pool Activity (Short-term): 60.83 (Moderately High)• ⁠Short Pressure: 59.22 (Neutral)• ⁠Technical Flow: 46.34 (Neutral)Based on these signals, Prospero.ai indicates a cautiously bullish outlook because the long-term upside breakout is moderately high, suggesting a decent probability of significant price increase over the next year. The short-term options and social sentiment are also moderately high, signaling positive institutional and social media interest. However, the downside breakout and technical flow are neutral, implying no strong immediate bearish or bullish technical signals. Overall, conditions are somewhat favorable, but not overwhelmingly so.These are AI-derived predictions from Prospero.ai based on institutional data, options flow, and market patterns. This is not investment advice. Past performance does not guarantee future results.GME last traded at $21.27. Weekly return: 3.9%; Monthly return: -7.4%; Annual return: -35.1%.