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March 7, 2026

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We also break down next week’s catalysts to watch to help you prepare for the week ahead.

In this article:

    This week’s tech sector performance

    The tech-heavy Nasdaq Composite (INDEXNASDAQ:.IXIC) navigated a volatile week.

    Early week caution gave way to a rebound by Monday’s close (March 2), with the Nasdaq eking out a small gain led by defense and tech stocks. On Tuesday (March 3), the Trump administration’s plans to secure the Strait of Hormuz shipping lanes helped pare losses, with major indexes closing down but less severely.

    US services PMI on Wednesday (March 4) showed the fastest expansion since mid-2022, supporting gains; however, the Nasdaq rose only slightly, with gains capped by lingering oil price worries.

    Markets plunged on Thursday (March 5) after an Iranian missile strike on an oil tanker in the Persian Gulf intensified concerns of conflict longevity and supply constraints. The price of oil surged to its biggest weekly gain since 2022, with analysts forecasting further increases if the Strait of Hormuz stays disrupted beyond 3 – 4 weeks.

    Also on Thursday, reports surfaced that the administration was considering new rules requiring US approval for AI chips shipped abroad, which hit Nasdaq heavyweights NVIDIA (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD). This revelation followed earlier reports that officials were considering limiting purchases of Nvidia’s H200 chips and AMD’s MI325 chips, which have similar capabilities, to Chinese companies, capping them at 75,000 chips per firm.

    Friday’s (March 6) jobs report for February boosted rate-cut odds but fueled recession fears. The report showed nonfarm payrolls dropped by 92,000, a stark contrast to the forecasted 50,000 to 60,000 added jobs. Additionally, unemployment increased to 4.4 percent, signaling that the labor market is cooling faster than expected.

    These macroeconomic pressures and geopolitical uncertainty exerted a palpable weight on financial markets, heavily impacting volatility-sensitive tech stocks.

    3 tech stocks moving markets this week

    1. Intuit (NASDAQ:INTU)

    Intuit had a strong week, finishing up 25.08 percent as investors rotated into defensive fintech and software amid weakness in the capital-intensive and cyclical semiconductor sector.

    Zacks Investment Research explained Intuit’s stock rise as a gain driven by analyst upgrades and price target hikes. Piper Sandler raised its price target on Intuit to US$780 and maintained an Overweight rating. Susquehanna also raised its target to US$850 and kept a Positive rating. Meanwhile, TD Cowen cut its target to US$633 but reiterated Buy.

    Analysts cited Intuit’s strong AI-driven results from last week’s Q2 earnings and highlighted growth in the company’s GBS Online Ecosystem, Desktop Ecosystem and Credit Karma.

    2. Palantir Technologies (NASDAQ:PLTR)

    Palantir gained alongside other defense stocks as Mideast tensions boosted demand for defense AI. Shares rose more than five percent on Monday, while analysts at Wedbush named it a top pick on Thursday with a US$75 price target. Palantir gained 17.22 percent for the week.

    2. AppLovin (NASDAQ:APP)

    AppLovin ranked third for this week’s gainers, closing 16.29 percent higher on Arete’s upgrade to neutral from sell, with an adjusted price target down to US$340 From US$458. Speculation about AppLovin potentially launching a competing app to rival TikTok may have further contributed to the gains.

    Intuit, Palantir Technologies and AppLoving stock performance, March 2 to 6, 2026.

    Chart via Google Finance.

    Top tech news of the week

              • Shares of Lumentum Holdings and Coherent jumped on Monday after NVIDIA said it would invest US$2 billion in each company to accelerate the development of advanced optics and laser technologies for AI data centers.

                    Tech ETF performance

                    Tech exchange-traded funds (ETFs) track baskets of major tech stocks, meaning their performance helps investors gauge the overall performance of the niches they cover.

                    This week, the iShares Semiconductor ETF (NASDAQ:SOXX) declined by 5.91 percent, while the Invesco PHLX Semiconductor ETF (NASDAQ:SOXQ) lost five percent.

                    The VanEck Semiconductor ETF (NASDAQ:SMH) also decreased by 4.21 percent.

                    Tech news to watch next week

                    Investors face a pivotal week ahead, headlined by Monday’s (March 9) release of the NY Fed’s one-year inflation expectations and the highly anticipated February CPI report on Wednesday (March 11), which could provide a key signal for the Fed’s next move.

                    Later in the week, Thursday’s (March 12) jobless claims will be under the microscope to see if February’s labor trends hold steady. On the corporate side, it’s a big week for software and cloud infrastructure, with Oracle, Hewlett Packard Enterprise, and Constellation Software reporting Monday, followed by Adobe (NASDAQ:ADBE) on Thursday.

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

                    This post appeared first on investingnews.com

                    Peter Krauth, editor of Silver Stock Investor and Silver Advisor, shares his thoughts on silver price activity and where the white metal is in the cycle.

                    He believes the awareness phase is just beginning, with mania still relatively far in the future.

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

                    This post appeared first on investingnews.com

                    Brien Lundin, editor of Gold Newsletter and New Orleans Investment Conference host, shares his stock-picking strategy at a time when high metals prices are beginning to lift all boats.

                    In his view, gold and silver equities may still only be in the second inning.

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

                    This post appeared first on investingnews.com

                    Adrian Day, president of Adrian Day Asset Management, shares his latest thoughts on what’s moving the gold price, emphasizing that its bull run isn’t over yet.

                    ‘It’s monetary factors that are driving gold — that’s what’s fundamentally driving gold,’ he said. ‘Monetary factors, lack of trust in governments and particularly lack of trust in fiat currencies.’

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

                    This post appeared first on investingnews.com

                    The Government of New Brunswick announced a new comprehensive mineral strategy on Tuesday (March 3), at the 2026 Prospectors and Developers Association of Canada conference in Toronto.

                    The plan calls for a streamlined permitting process that will ensure clear communication and transparent timelines. Additionally, it promises a collaborative partnership with First Nations, science-based decision-making and a community-based approach to jobs, procurement and infrastructure.

                    Oil prices jumped significantly this week following the start of the US-led war against Iran. West Texas Intermediate has surged more than 25 percent since March first, climbing to over US$90 per barrel in trading on Friday, the first time since October 2022.

                    The most significant gains came on Friday, after Iran effectively stopped traffic through the Strait of Hormuz. More than 20 percent of the world’s liquefied natural gas and 25 percent of oil shipments travel through the strait.

                    The price rise has had a downstream effect on gas prices in Canada and the US, increasing by up to C$0.10 per liter and US$0.27 per gallon, respectively.

                    Over the past week, US producers have activated four additional rigs, bringing the total rig count to 411, although that total is down by 75 from the same period last year. Most companies are unlikely to rush to restart operations shuttered due to low oil prices until there is a more sustainable rise in oil prices.

                    Meanwhile, the war caused turmoil in bond markets as concerns over inflation and rising central bank interest rates seeped into the market. US two-year bonds rose by 18 basis points, while Britain’s rose by 43 basis points.

                    For more on what’s moving markets this week, check out our top market news round-up.

                    Markets and commodities react

                    Canadian equity markets were largely down this week.

                    The S&P/TSX Composite Index (INDEXTSI:OSPTX) fell 3.87 percent over the week to close Friday (March 6) at 33,083.72, while the S&P/TSX Venture Composite Index (INDEXTSI:JX) slipped 4.54 percent to 1,057.04.

                    However, the CSE Composite Index (CSE:CSECOMP) gained 1.27 percent to 178.51.

                    The gold price fell 3.31 percent to close at US$5,170.63 per ounce on Friday at 4:00 p.m. EST. The silver price fared worse, closing the week down 6.4 percent at US$84.30 on Friday.

                    In base metals, the Comex copper price recorded a 2.01 percent decrease this week to US$5.85 per pound.

                    The S&P Goldman Sachs Commodities Index (INDEXSP:SPGSCI) was up 16.14 percent to end Friday at 700.62.

                    Top Canadian mining stocks this week

                    How did mining stocks perform against this backdrop? Take a look at this week’s five best-performing Canadian mining stocks below.

                    Stocks data for this article was retrieved at 4:00 p.m. EST on Friday using TradingView’s stock screener. Only companies trading on the TSX, TSXV and CSE with market caps greater than C$10 million are included. Mineral companies within the non-energy minerals, energy minerals, process industry and producer manufacturing sectors were considered.

                    1. Adex Mining (TSXV:ADE)

                    Weekly gain: 100 percent
                    Market cap: C$128.67 million
                    Share price: C$0.19

                    Adex Mining is an exploration company that holds a 100 percent stake in the Mount Pleasant project in Southwest New Brunswick, Canada. The property contains two main deposits: the Fire Tower zone, which hosts tungsten and molybdenum mineralization, and the North zone, which hosts tin, zinc and indium.

                    The asset consists of 102 mineral claims covering 1,600 hectares, as well as equipment and facilities from historic mining operations conducted by BHP (ASX:BHP,NYSE:BHP,LSE:BHP) between 1983 and 1985.

                    According to its most recent investor presentation released on June 11, the property hosts the world’s largest indium reserve and North America’s largest tin deposit. Indicated resources for the North zone demonstrate contained metal values of 47 million kilograms of tin, and 789,000 kilograms of indium from 12.4 million metric tons with average grades of 0.38 percent tin and 64 parts per million indium.

                    Adex Mining has not released news since it published its interim management discussion and analysis on November 18.

                    In a mid-February interview, New Brunswick Natural Resources Minister John Herron revealed that a deal “is due imminently with a well-known company in the Canadian mining community” for Adex’s Mount Pleasant project.

                    While the company did not release news this week, the project may benefit from the freshly announced New Brunswick Comprehensive Mineral Strategy. The report highlights Mount Pleasant’s indium, tin and tungsten mineralization.

                    2. Southern Energy (TSXV:SOU)

                    Weekly gain: 91.67 percent
                    Market cap: C$29.3 million
                    Share price: C$0.115

                    Southern Energy is an oil and gas company with assets located in Mississippi, US. The majority of its production is natural gas.

                    Its operations are centered around the state’s Interior Salt Basin, in the northeastern Gulf Coast Region. Southern has an interest in producing wells spread across several assets, including Gwinville, Mechanicsburg and Mount Olive East.

                    According to a February 2026 corporate presentation, current production from the company’s wells is about 11 million cubic feet of natural gas equivalent per day, with 27.9 million barrels of oil equivalent in reserves.

                    The company’s most recent news came on February 12, when Southern closed a non-brokered private placement that generated proceeds of US$23.5 million. The company said the funds will be used to repay the balance of a US$12.9 million senior credit facility, with the rest being directed to development capital, including the completion of two wells in Gwinville.

                    The share price gains also come amid volatility in the energy market.

                    3. Africa Energy (TSXV:AFE)

                    Weekly gain: 86.67 percent
                    Market cap: C$165.31 million
                    Share price: C$0.42

                    Africa Energy is a South Africa focused oil and gas exploration and development company.

                    Its flagship asset is Block 11B/12B located approximately 175 kilometers off the south coast of South Africa. The block covers an area of 18,734 square kilometers and depths between 200 meters and 1,800 meters.

                    It holds a 4.9 percent interest in the asset through its investment in Main Street 1549, a 49/51 joint venture with Arostyle Investments. The three other partners in the asset announced plans to withdraw from the Block 11B/12B joint venture in July 2024, and announced a definitive agreement for the new ownership structure of the Block 11B/12B asset in May 2025.

                    The restructuring would result in Africa Energy owning a direct 75 percent stake in the block, with Arostyle holding the remainder. This is contingent on the asset being granted the production rights, which itself requires approval of its environmental and social impact assessment. The report must be submitted by May 2026.

                    Shares of Africa Energy posted gains this week amid energy market volatility.

                    The company has not released any news since January 26, when it announced the resignation of Dr. Phindile Masangane as Director and Head of Strategy and Business Development. She will still assist Africa Energy as a consultant.

                    4. Gabriel Resources (TSXV:GBU)

                    Weekly gain: 60 percent
                    Market cap: C$41.58 million
                    Share price: C$0.16

                    Gabriel Resources is a precious metals explorer and developer focused on advancing its Rosia Montana gold project. Based in Transylvania, Romania, Rosia Montana is in a region that has seen significant historic mining. Covering 2,388 hectares, the site is host to a mid-to-shallow epithermal system containing deposits of gold and silver.

                    The most recent resource estimate from a 2012 technical report shows proven and probable quantities of 10.1 million ounces of gold and 47.6 million ounces of silver. Gabriel has invested more than US$760 million into Rosia Montana, but has undertaken little development at the site since the early 2010s, as Romania blocked further development.

                    In 2015, the company entered into arbitration through the World Bank’s International Center for Settlement of Investment Disputes (ICSID) over permitting at the site and suggested that Romania was in violation of bilateral investment treaties. In March 2024, Gabriel issued a press release with an update saying that its case against Romania had been dismissed by the ICSID, which also awarded Romania US$10 million in legal fees and expenses. Gabriel said it would review the decision with its legal team and evaluate its options.

                    In March 2025, Gabriel announced that the committee had ruled that a stay of enforcement of the Award would continue if Gabriel guaranteed the proven solvency of the US$10 million.

                    The committee was scheduled to hold hearings on January 22 and 23 of this year, but on January 19, Gabriel reported that the hearings would be postponed to a later date. A new date for the hearing has not been announced.

                    The company did not release news in the past week.

                    5. Rio Silver (TSXV:RYO)

                    Weekly gain: 48.05 percent
                    Market cap: C$41.58 million
                    Share price: C$1.14

                    Rio Silver is an exploration company advancing its Maria Norte project in Peru. The property changed hands several times in the 18 years prior to Rio Silver’s acquisition in March 2025, but saw little exploration during that time.

                    However, in a February 5 release, the company noted that historic mining occurred as the site hosts a reclaimed waste dump. In that announcement, the firm said it plans to advance surface mapping and sampling in the third quarter of 2026.

                    Throughout January, Rio Silver made several announcements regarding its exploration and development timeline. On January 6, the company reported results from technical work at the site, confirming the presence of silver mineralization with grades up to 991 g/t in a 0.7 meter channel sample.

                    To end the month, the company said it was launching a metallurgical program at the site to assist in determining the project’s potential value.

                    The most recent news came last week in a pair of releases.

                    The first on February 25, the company announced a new private placement to raise proceeds of up to C$3 million. Funds will be used to advance work at the Maria Norte project. The placement is being led by Sprott (TSX:SII,NYSE:SII) Founder Eric Sprott.

                    The second release came on February 26 when Rio reported it secured permission from the local community to begin site activities at Maria Norte. The company said it will continue working with the community to develop a formal definitive agreement for long-term exploration and mining activities.

                    FAQs for Canadian mining stocks

                    What is the difference between the TSX and TSXV?

                    The TSX, or Toronto Stock Exchange, is used by senior companies with larger market caps, and the TSXV, or TSX Venture Exchange, is used by smaller-cap companies. Companies listed on the TSXV can graduate to the senior exchange.

                    How many mining companies are listed on the TSX and TSXV?

                    As of December 2025, 898 mining companies and 71 oil and gas companies are listed on the TSXV, combining for more than 60 percent of the 1,531 total companies listed on the exchange.

                    As for the TSX, it is home to 175 mining companies and 51 oil and gas companies. The exchange has 2,089 companies listed on it in total.

                    Together, the TSX and TSXV host around 40 percent of the world’s public mining companies.

                    How much does it cost to list on the TSXV?

                    There are a variety of different fees that companies must pay to list on the TSXV, and according to the exchange, they can vary based on the transaction’s nature and complexity. The listing fee alone will most likely cost between C$10,000 to C$70,000. Accounting and auditing fees could rack up between C$25,000 and C$100,000, while legal fees are expected to be over C$75,000 and an underwriters’ commission may hit up to 12 percent.

                    The exchange lists a handful of other fees and expenses companies can expect, including but not limited to security commission and transfer agency fees, investor relations costs and director and officer liability insurance.

                    These are all just for the initial listing, of course. There are ongoing expenses once companies are trading, such as sustaining fees and additional listing fees, plus the costs associated with filing regular reports.

                    How do you trade on the TSXV?

                    Investors can trade on the TSXV the way they would trade stocks on any exchange. This means they can use a stock broker or an individual investment account to buy and sell shares of TSXV-listed companies during the exchange’s trading hours.

                    Article by Dean Belder; FAQs by Lauren Kelly.

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

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

                    This post appeared first on investingnews.com

                    Former President Joe Biden told mourners at Rev. Jesse Jackson’s memorial service Friday that he is ‘a h— of a lot smarter than most of you,’ a pointed remark that stood out during his tribute to the late civil rights leader.

                    Biden made the comment while recounting how he was mocked as a child for his stutter and how speech impediments are often mistaken for a lack of intelligence.

                    ‘If I told you I had a cleft palate or clubfoot, none of you would have laughed,’ Biden said. ‘But it’s okay to laugh at stuttering. … It’s the one place where people think you’re stupid.’

                    ‘Oh, really? I’m a h— of a lot smarter than most of you,’ he added, before quickly pivoting back to his broader point. ‘But all kidding aside, it makes you feel really small.’

                    The remark came during a memorial service in Chicago that brought together prominent Democratic leaders and civil rights figures to honor Jackson’s decades-long political influence.

                    Former Presidents Barack Obama and Bill Clinton attended the service, along with former Secretary of State Hillary Clinton, former Vice President Kamala Harris and Rev. Al Sharpton.

                    The event was held at the 10,000-seat House of Hope arena, where hundreds gathered to celebrate Jackson’s life and legacy.

                    Jackson, who died at 84, rose to prominence as a close associate of Martin Luther King Jr. during the civil rights movement. He later founded the Rainbow PUSH Coalition and mounted two Democratic presidential campaigns in 1984 and 1988 that expanded Black voter participation and reshaped the party’s electoral coalition.

                    Throughout the service, speakers praised Jackson’s ability to build political alliances and elevate issues affecting marginalized communities.

                    Biden, who has frequently spoken about working to overcome his childhood stutter, framed his remarks around resilience and the lasting impact of being ridiculed as a young person.

                    His ‘smarter than most of you’ line was quickly added to a growing list of out-of-context gaffes for the former President as social media users weighed in online.

                    Under one repost of the viral moment from user Libs of TikTok, one commenter wrote, ‘That’s a strange line to deliver at a memorial service.’

                    Another quipped, ‘Never ending comedy from this guy. So happy he’s back in public.’

                    Outside of Biden’s remarks, the memorial largely focused on Jackson’s legacy as a civil rights leader who helped shape the modern Democratic Party and broaden political participation in the United States.

                    Fox News Digital’s Greg Norman-Diamond, Bradford Betz, and Patrick McGovern contributed to this reporting.

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                    A Pakistani man convicted Friday of plotting to assassinate President Donald Trump and other politicians told an FBI agent he thought Iran ‘was responsible’ for the assassination attempt on Trump in Butler, Pennsylvania.

                    Asif Merchant, 47, told the FBI agent, Jacqueline Smith, that the incident ‘was the same thing he was sent here to do,’ Smith testified during Merchant’s trial. Merchant told jurors the Islamic Revolutionary Guard Corps (IRGC) sent him on a ‘mission’ to kill U.S. politicians, including by telling him to attend a Republican rally.

                    Merchant was arrested July 12, 2024, one day prior to the shooting in Butler, where Thomas Crooks fired several shots into a rally crowd, killing one and grazing Trump’s ear. 

                    The FBI has said repeatedly it found no evidence that Crooks had co-conspirators or that any foreign actors were involved in the incident.

                    Merchant, who was convicted by a jury of murder-for-hire and attempting to commit terrorism, testified that Trump was not his only target, telling jurors then-President Joe Biden and former presidential candidate Nikki Haley were also on his list. He claimed he only took part in the plot, which was foiled by the FBI before coming to fruition, because Iran’s IRGC warned it would target his family.

                    ‘I had no other options,’ Merchant said. ‘My family was threatened.’

                    Merchant now faces a maximum penalty of life in prison. His sentence will be determined at a later hearing.

                    Attorney General Pam Bondi said in a statement that Merchant ‘landed on American soil hoping to kill President Trump — instead, he was met with the might of American law enforcement.’

                    ‘The Department of Justice will remain ever-vigilant to protect Americans, prosecute terrorists, and halt acts of terrorism before they happen,’ Bondi said.

                    Merchant was arrested after he was recorded on camera outlining a plot on a napkin to kill a politician with a person who turned out to be an FBI informant. Federal prosecutors showed video during the trial of Merchant speaking to the informant. The prosecutors said Merchant also tried to hire two hit men and pay them $5,000, but the men turned out to be federal agents posing as assassins.

                    Smith, the FBI agent who met with Merchant after his arrest, said Merchant never conveyed that he feared for his family. Merchant said he wanted to do intelligence work and be paid for it, Smith said.

                    The FBI agent also said Merchant was told by an Iranian handler to attend a Republican political rally to scope out security. But Merchant was worried about being identified, so he watched the rally online instead.

                    Merchant’s defense team told jurors their client, who has two wives, was a family man and cared deeply about his faith and that he intentionally acted carelessly because he wanted to be caught.

                    In their closing arguments, defense lawyers said Merchant had his hand forced in the operation, thinking his family would be harmed if he did not cooperate. Additionally, the lawyers cited several instances in which Merchant’s actions as an intelligence operator were little more than incompetent.

                    Fox News’ Danielle Cavaliere and Brendan McDonald contributed.

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                    President Donald Trump on Friday said the U.S. is ‘doing very well’ in Iran, nearly a week after the military coordinated with Israel on airstrikes in Tehran that left its supreme leader, Ayatollah Ali Khamenei, dead.

                    ‘Somebody said, ‘How would you score it from zero to 10?’ I said, ‘I’d give it a 12 to a 15.’ Their army is gone. Their navy is gone. Their communications are gone. Their leaders are gone,’ Trump said. ‘Two sets of their leaders.’

                    The president made the remarks after Fox News senior White House correspondent Peter Doocy asked at the end of a White House college sports roundtable what was motivating Trump to hold the roundtable ‘because there is a lot of other stuff going on in the world.’

                    ‘That’s right,’ Trump agreed, adding that Iran’s air force has been ‘wiped out entirely. Think of it. They have 32 ships. All 32 are at the bottom of the ocean. Other than that, they’re doing very well.’

                    ‘Our military is doing phenomenally,’ he said. ‘The situation with a very bad and very sick group of leaders who were killing a lot of people. A lot of our people were being killed or were being maimed. … And we had a choice. We could take it and go on like that for years or do something about it. And we did something about it.’

                    Trump added that ‘people are very impressed with our military, and they admire our military with what happened in Venezuela, what’s happening now, what’s happened with the B-2 bombers before this, where they took out the nuclear capability or potential of Iran.

                    ‘I think we’re, right now, we’re a country that’s more respected than we’ve ever been respected before.’

                    Doocy also told the president earlier, ‘It sounds like the Russians are helping Iran target and attack Americans now.’

                    ‘That’s an easy problem compared to what we’re doing here,’ Trump said, referring to college sports, calling it a ‘stupid question to be asking at this time. We’re talking about something else.’

                    Earlier Friday, Trump wrote on Truth Social that the U.S. won’t accept any deal with Iran ‘except UNCONDITIONAL SURRENDER!’

                    ‘After that, and the selection of a GREAT & ACCEPTABLE Leader(s), we, and many of our wonderful and very brave allies and partners, will work tirelessly to bring Iran back from the brink of destruction, making it economically bigger, better, and stronger than ever before,’ Trump wrote. 

                    ‘IRAN WILL HAVE A GREAT FUTURE. ‘MAKE IRAN GREAT AGAIN (MIGA!).’’

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                    When Benny Sabti was a child growing up in Iran, he remembers receiving an unusual prize at school. ‘For being an excellent student, I received a Persian translation of Mein Kampf by Adolf Hitler,’ Sabti told Fox News Digital. ‘They translated Hitler’s book into Persian and distributed it to students.’

                    The experience stayed with him. Looking back, Sabti, now an Iran expert at the Institute for National Security Studies (INSS) in Israel, says it reflected a broader effort by Iran’s ruling clerical establishment to shape how young Iranians viewed politics, religion and the world around them.

                    Schools, mosques, workplaces and media all became part of an ideological ecosystem designed to reinforce loyalty to the regime. But critics of Iran’s leadership say religion itself was often not the ultimate goal.

                    ‘Faith for them is their tool,’ Banafsheh Zand, an Iranian-American journalist and editor of the Iran So Far Away Substack, told Fox News Digital. ‘It’s not the end all to be all. It’s a tool that they can hide behind so that they can carry out all their criminalities.’

                    Religion and power

                    The Islamic Republic was founded on the doctrine of velayat-e faqih, or ‘guardianship of the Islamic jurist,’ which places ultimate political and religious authority in the hands of the country’s supreme leader.

                    But Zand argues that in practice the system functions less as a purely religious project and more as a mechanism of political control. ‘It’s more like a mafia,’ she said. ‘They use faith in order to keep people down.’

                    According to Zand, ideology is reinforced through a mix of financial incentives and intimidation. ‘They tried by incentive and money and buying people,’ she said.

                    Programs tied to the Basij, a militia affiliated with the Islamic Revolutionary Guard Corps (IRGC), have often provided benefits such as jobs, housing and education to families aligned with the regime.

                    ‘If you are poor and you join the Basij, they give you benefits,’ Zand said. ‘But you have to go along with whatever it is that they offer you.’

                    Ideology embedded in daily life

                    Sabti says the Islamic Republic built a vast network designed to reinforce ideology in everyday life. ‘In banks, offices, public spaces and even in the bazaars, regime representatives walk between shops telling people it is time to pray and checking who is not attending,’ Sabti said.

                    Mosques themselves are closely integrated into the political system. Friday prayer leaders often deliver sermons aligned with government messaging.

                    ‘There are 16 propaganda bodies in Iran,’ Sabti said, describing a network of state institutions responsible for spreading the regime’s interpretation of Islam and the ideals of the Islamic Revolution.

                    Some institutions also focus on exporting that ideology abroad. ‘There is a university dedicated to converting Sunnis to Shiism,’ he said. ‘They bring people from Africa and South America to Iran, convert them to Shiism and send them back to export the Shiite Islamic revolution.’

                    Indoctrination in schools

                    Schools play a central role in the regime’s ideological system.

                    ‘Schools are heavily indoctrinated,’ Sabti said. ‘In civil studies books, Islam was promoted as superior to all other ideologies.’

                    Religious messaging appears across the curriculum. ‘You cannot separate any school subject from Islam,’ Sabti said. ‘Not history, not geography. Everything is mixed with ideology. The only thing missing was adding it to mathematics.’

                    For Sabti, the Mein Kampf episode symbolized the ideological environment students were exposed to. The message, he said, reinforced hostility toward perceived enemies and embedded a political worldview from an early age.

                    Ideology and hypocrisy

                    Sabti says the credibility of the system is also undermined by the behavior of Iran’s own elites. ‘You can see it in the second generation,’ he said. ‘Their children live abroad while the elites live in palaces in Iran and in other countries. It is hypocrisy.’

                    Zand says ideology has always been reinforced by intimidation. ‘They make examples out of people in the most vicious possible way,’ she said. ‘It’s fear and manipulation.’

                    According to Zand, that atmosphere of fear shapes daily life for many Iranians. ‘Everybody is afraid of the police,’ she said. ‘Everybody is afraid of their neighbors.’

                    An ideology losing its grip

                    Despite the regime’s extensive ideological machinery, Sabti believes many Iranians never fully accepted the worldview the government tried to impose.

                    ‘Over the years, the indoctrination has stopped working,’ he said. ‘Most of the public does not truly believe it.’

                    Still, the Islamic Republic remains in power. ‘The regime maintains control through money, weapons and propaganda,’ Sabti said.

                    Zand agrees the system never fully reshaped Iranian society. Many people, she said, complied outwardly simply to avoid punishment.

                    ‘They won’t have a problem to transfer as long as they realize that the new Iran has no room for the violence and the horrifying characteristics of the Islamist regime,’ Zand told Fox News Digital.

                    She said that beneath the surface, Iran’s cultural identity remained intact even after decades of pressure from the state.

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                    Kristi Noem will reportedly join President Donald Trump and 12 Latin American leaders at his resort in Florida for a ‘Shield of the Americas’ summit Saturday after her ouster as the Secretary of Homeland Security and appointment by President Donald Trump to be special envoy for the new coalition of nations. 

                    On Thursday, Trump announced Noem would be exiting her role as Homeland Security secretary and would be appointed a Special Envoy for the ‘Shield of the Americas,’ a summit for which will be held at the president’s resort in Doral, Florida, on Saturday. The new coalition of 13 countries has been formed to advance strategies that will tackle mass illegal immigration, narco-terrorist gangs and cartels. 

                    ‘After years of neglect, President Trump established the ‘Donroe Doctrine’ to restore American preeminence in the Western Hemisphere. His efforts have been a tremendous success – our southern border is secure, Latin American countries are working with us to defeat the cartels, and illegitimate dictator Nicolas Maduro is facing justice for his crimes in the Southern District of New York – ushering in historic economic cooperation with Venezuela,’ said White House spokesperson Anna Kelly ahead of the summit. 

                    ‘The President has successfully strengthened our relationships in our own backyard to make the entire region safer and more stable, and this weekend’s ‘Shield of the Americas’ Summit will encapsulate all of his work to Make America, and our partners, Strong Again,’ she continued.

                    Members of Trump’s Cabinet, including Secretary of State Marco Rubio, Secretary of War Pete Hegseth, Secretary of Commerce Howard Lutnick and United States Trade Representative Jamieson Greer, will also be at the Saturday summit. 

                    The leaders from other nations who will be present are Argentina’s Javier Milei, El Salvador’s Nayib Bukele Ortez, Bolivia’s Rodrigo Paz Pereira, Costa Rica’s Rodrigo Chaves Robles, Panama’s José Raúl Mulino Quintero, and Trinidad and Tobago’s Kamla Persad-Bissessar, Chile’s Jose Antonio Kast, the Dominican Republic’s Luis Rodolfo Abinader Corona, Ecuador’s Daniel Roy Gilchrist Noboa Azín, Guyana’s Mohamed Irfaan Ali, Honduras’ Nasry ‘Tito’ Asfura, and Paraguay’s Santiago Peña.

                    Noem confirmed Friday, speaking from Nashville, that she will be at the summit, according to the Associated Press. Noem reportedly added that the president will announce ‘a big agreement’ detailing ‘how we’re going to go after cartels and drug trafficking in the entire Western Hemisphere.’ 

                    On Friday, Hegseth led a strategic conference in Doral with representatives of 17 different Caribbean, Central American and South American countries throughout the Western Hemisphere. During the conference, they signed a joint security declaration, reaffirming their commitment to peace and sovereignty in the region. According to a source familiar with the plans for the summit, the president plans to celebrate this achievement with attendees.

                    ‘Secretary Noem helped usher in the most secure border in history, deported hundreds of thousands of criminal illegal aliens, and executed record-setting counter-drug operations against cartels. All of this great experience positions Noem well to ensure American preeminence in the entire Western Hemisphere in her new role as Special Envoy to the Shield of the Americas,’ White House spokesperson Olivia Wales said. ‘This historic new security initiative, led by Secretary Noem, will advance cutting-edge strategies to defeat narco-terrorist cartels and stop illegal mass migration to make America and the entire Western Hemisphere safer.’

                    On Thursday, Rubio said he looked forward to working with Noem as Special Envoy for The Shield of the Americas, and echoed the comments from the White House about her experience.

                    ‘Kristi has achieved incredible results as Secretary of Homeland Security and will be a tremendous asset in our effort to promote security and prosperity in the Western Hemisphere,’ Rubio said on X after Trump named Noem to her new post. 

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