TD
Toronto Dominion Bank
stock NYSE

tldr; The Bank of Canada, in collaboration with Export Development Canada, Royal Bank of Canada, and TD Bank Group, successfully completed Project Samara, issuing Canada's first tokenized bond. A C$100 million short-term bond was managed on a distributed ledger technology (DLT) platform using Hyperledger Fabric. The pilot demonstrated the full bond lifecycle with near-instant atomic settlement via tokenized Canadian dollars (W-CAD). The project highlighted efficiency, risk reduction, and data integrity benefits, while also identifying challenges in governance and scalability.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

TD Precious metals and Border Gold are the ones I’ve used.

Oracle Layoffs: Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said.
According to a report by CIO citing research published this week by investment bank TD Cowen, Oracle will also be selling some of its activities as US banks pull back from investing in the company's AI data centre expansion.
https://www.livemint.com/companies/news/oracle-layoffs-tech-giant-to-slash-30-000-jobs-as-banks-pull-out-from-financing-ai-data-centres-11769996619410.html

Did WEAT calls in 2022 which made bank like everything then. Looks like the the underlying reverse split since then but the April 17 chain never adjusted? There’s literally 0 volume and it tops at 8C with underlying at 23.61?? This is on TD

Part article:  Tech major Oracle is planning to slash up to 30,000 jobs to fund AI data centres, a new report has said.
According to a report by CIO citing research published this week by investment bank TD Cowen, Oracle will also be selling some of its activities as US banks pull back from investing in the company's AI data centre expansion.

Tapos na kasi ung TDs. Tagal tagal na nun. So pag tapos na, lalabas na ung pera diba? So kung wala kayong separate account nalalabasan ng pera, dun un most likely naka connect sa account ng uncle nyo. Iba ung TD na account sa account na lalabasan ng pera.

Kami po 'yun. There was a financial rift with the family back then. So yung share ng father ko was divided samin magkakapatid through a TD. We even signed papers back then sa Chinabank. That was 5-6 years ago. After a few months, he died. As far as we remember, they all matured already by now, that's why hinahabol namin what's ours since pang college ng mga kapatid ko. We asked with one cb branch, di nila mahanap so what we plan to do is go to the bank where we originally deposited them. :)

Op, even if your name is in their system, that doesn’t prove anything.
Your best bet is to ask your bank what you can do since you don’t have your TD certificate, which is likely madugo especially if it was your uncle who opened it and he’s deceased.

It doesn't matter if they found your name in the system why is that even relevant if you transferred to a china bank account or a CB account owner sent you money your name will already be in the system. It doesnt mean or prove anything.
If the TD matured it prob got credited back to the Uncle's account so what you need is some proof that money is owed to you. Or better yet since the uncle died you need to talk to his heirs and just get them to transfer you the money. If they already checked I am not sure what you think will happen when you go to the branch.
Even if you found the bank employee who opened the TD for you and he/she agrees without any proof they still cant send you the money.

I still have my AMC shares in Schwab, which was originally TD Ameritrade. I don't like to log into that account for fear of what I'm going to see. Some of my weed stocks are still there but no longer trading. I sent Schwab a note and asked can they just take away my useless dead stocks but nope, they have no interest in those. I'm stuck with them.

"TD was the ultra sketchy broker"
And you kept a position with them. Surprised how it worked out?

Glad it’s been working for you. Not the case for me. Also you can look up how often it crashes. It’s not very often but in high traffic situations it goes down. I also own shares in CS. I’m all about the diversity hypothesis, can’t trust anyone.
The purpose of this post was to highlight the amount of shade and timing. We might be in the end zone of they are messing around like this. Remember, TD was the ultra sketchy broker that had the warehouse fire and all that drama.

Canadian government and TD Bank successfully pilot $100 million CAD bond issuance using Hyperledger Fabric tech

Many years ago, right after the buy button was removed, many redditors were discussing the importance of broker diversification. As a result, at that time, I bought some shares in TD and basically forgot about it. It eventually TD became Schwab and I continued to let it ride since it lost all value from dilution, I stopped caring. Yesterday I got an email from Schwab that said I sold all my shares. But I definitely did not. In fact I haven’t logged into that account for a very long time maybe a whole year or more. So I called and they took 30 min to tell me “our margins department sold it” and I responded “it’s a cash account” and he said “yeah I see that, this makes no sense, I need to talk to them but they won’t be in till Monday” …. What the?!? Anyone else getting force liquidated?

This happened to me twice.
You have until the trade settles to reverse it, easiest way T+1 . If it’s past that point, you have a possibility but it’s not 100%.
In my case, they sent out an adjusted 1099-B , adjusted cost basis, corrected lot assignment , etc…. If you can show it was a system error…which it sounds like you can. This worked for me .
I also had it not work once with TD/SCHWAB and I just reported the amount it should have been to the irs and they hit me up with a 570 message and then a 8989 (maybe 8949) form .
Hope this helps regard

Basically less CASA and TD, ig they're lending from interbank borrowings?

*Not financial advice. I hold a position in IPX. Pre-revenue company with significant execution risk. Do your own due diligence.*
# Overview
Russia and China together control approximately 70% of the world's titanium sponge production. The United States imports roughly 95% of its titanium, with the primary import source being Japan, a country that has no titanium mines of its own and is itself dependent on upstream feedstock from Russia and Ukraine, both severely disrupted since 2022. Russia's largest titanium producer, VSMPO-AVISMA, is owned by a Putin oligarch and state defense corporation Rostec and is under sanction. China has already demonstrated willingness to weaponize critical mineral exports, imposing controls on gallium, germanium, antimony, and graphite.
Every fighter jet, naval vessel, missile, and satellite the U.S. military operates contains significant amounts of titanium. There is no substitutable material that replicates titanium's combination of strength, lightness, and heat resistance. The U.S. currently has essentially zero primary domestic titanium production capacity.
IperionX (NASDAQ: IPX / ASX: IPX) is the only company currently building that capacity on U.S. soil. They have a commissioned manufacturing plant in Virginia, the largest permitted titanium mineral resource in the United States in Tennessee, approximately $309M in committed U.S. government funding, and a financial report expected to be published soon.
The company is pre-revenue.
# The Policy Context
U.S. titanium import dependency has been formally identified as a national security vulnerability by two consecutive administrations:
* **2017:** President Trump issued Executive Order 13817 directing federal agencies to address critical mineral supply chain vulnerabilities
* **2021:** President Biden issued Executive Order 14017, which led to a formal review concluding that reliance on foreign sources for critical minerals including titanium posed risks to national and economic security
* **February 2026:** President Trump announced Project Vault, a $10 billion U.S. Strategic Critical Minerals Reserve, and hosted a 54-country Critical Minerals Ministerial in Washington
* **Current Congress:** The bipartisan PRIMED Act (Slotkin/Ernst) has been introduced to reduce permitting timelines for domestic critical mineral production. A bipartisan group of senators has proposed a new $2.5 billion agency for domestic rare earth and critical mineral production
# The Technology
IperionX has two patented technologies, HAMR (Hydrogen Assisted Metallothermic Reduction) and HSPT (Hydrogen Sintering and Phase Transformation), both of which replace the Kroll process that has been the standard titanium production method since the 1940s.
A key distinction that most coverage misses: HAMR works from either recycled titanium scrap or raw titanium mineral concentrates as feedstock. The Kroll process (the process currently being used) requires titanium sponge, an intermediate product produced primarily in Russia, Japan, Kazakhstan, and China, as its input. HAMR eliminates the sponge requirement entirely, which is what makes IperionX's supply chain genuinely independent of foreign inputs.
This means IperionX is not dependent on recycled scrap supply long-term. As the Tennessee mine comes online, feedstock transitions from recycled scrap to domestically mined minerals, with no change to the production process, plant, or output quality. Mine the ore in Tennessee, process it in Virginia, deliver finished components to customers. No foreign inputs at any stage.
Reported advantages over Kroll: approximately 50% lower energy consumption, lower capital requirements, near-zero carbon emissions, and the ability to produce near-net-shape finished components directly rather than requiring additional downstream processing.
**The cost trajectory is the part of this story that is most underreported.**
Titanium currently trades at $25 to $50 per kilogram. Stainless steel trades at roughly $3 to $6 per kilogram. Aluminum at $2 to $3 per kilogram. That cost gap is the primary reason titanium has historically been confined to aerospace, defense, and medical applications despite being superior to steel and aluminum in strength-to-weight ratio and corrosion resistance.
IperionX's publicly stated cost roadmap directly targets that gap:
* Current unit cost at 200 tpa: approximately $55/kg (reduced from prior estimate of $75/kg with no additional capex)
* Projected unit cost at 1,400 tpa full utilization: approximately $29/kg
* Stated long-term goal: cost competitiveness with stainless steel and aluminum
ARPA-E has estimated that $10/kg is the cost threshold at which titanium could begin meaningfully displacing steel and aluminum across a broad range of structural applications. IperionX's $29/kg target at 1,400 tpa does not reach that threshold, but it represents a material step toward it and would already unlock significantly larger addressable markets than titanium currently serves. For context, IperionX has specifically identified the global titanium fastener market ($4.3B annually) and noted that lower-cost titanium fasteners priced competitively with stainless steel could accelerate substitution at scale. The global stainless steel fastener market is approximately $15.2B annually.
# The Titan Project
**Location:** West Tennessee **Size:** 11,000+ acres **Resource:** 243 million tons of mineralized material, the largest JORC-compliant titanium and rare earth mineral resource in the United States **Mine life:** 25 years (covering less than 4,500 of the 11,000+ total acres) **Permits:** Tennessee Department of Environment and Conservation has confirmed all regulatory permit requirements have been met. The project is fully permitted for development and operations. **Status:** Definitive Feasibility Study targeted for completion Q2 2026. A major Japanese conglomerate is currently sole-funding bulk sample and due diligence test work for potential offtake and development financing.
The deposit also contains Dysprosium and Terbium, heavy rare earths used in high-performance permanent magnets for defense systems, robotics, and electric vehicles. China currently dominates global rare earth processing. The DFS will provide the first formal economic assessment of the rare earth component alongside the titanium resource.
# U.S. Government Funding: $309M Committed
**DPA Title III Grant: $12.7M (2023)** Awarded under the Defense Production Act Title III, a program reserved for domestic sources addressing defense industrial base shortfalls. Used to commission and scale the Virginia facility to 125 tpa. DPA Title III is legally available to companies incorporated in the U.S., Canada, U.K., and Australia. IperionX's Australian incorporation is explicitly covered under the statute.
**DoW IBAS Grant: $47.1M** Released in four milestone-verified tranches, each requiring government verification of milestone completion before release:
* Tranche 1: $5M for Titan mine DFS commencement and shovel-ready advancement
* Tranche 2: $12.5M (August 2025) for long-lead equipment orders for 1,000+ tpa scale-up
* Tranche 3: $25M (September 2025) for full 1,400 tpa expansion acceleration
* Tranche 4: $4.6M plus 290 metric tons Ti64 scrap (January 2026) for final expansion tranche plus physical titanium delivery
**DoD SBIR Phase III IDIQ Contract: Up to $99M (June 2025)** Sole-source contract. No further competition required for task orders. Any qualifying U.S. government agency can place orders directly. A $1.3M U.S. Army task order has been drawn to date.
**Virginia Halifax County IDA Tax-Exempt Bond Reservation: Up to $150M** Reserved for manufacturing campus financing.
**290 Metric Tons of Ti64 Titanium Alloy: Delivered at Zero Cost** Military-grade Ti64 alloy transferred directly to the Virginia facility. Combined with 90 metric tons IperionX already held in inventory, the company currently has approximately 380 metric tons of production-ready feedstock on hand, roughly two years of production at current 200 tpa capacity.
**Total committed U.S. government support: approximately $309M**
# The Rheinmetall Order and the XM30 Program
On January 22, 2026, IperionX announced a $300,000 prototype purchase order from American Rheinmetall to produce 700 lightweight titanium components for U.S. Army heavy ground combat systems, specifically track pins for vehicles including the M1 Abrams and M2 Bradley. The press release states the order "has the potential to lead to a significantly larger agreement upon successful delivery."
**The XM30 Context** American Rheinmetall is currently one of two finalists, alongside General Dynamics Land Systems, competing for the U.S. Army's XM30 Mechanized Infantry Combat Vehicle program, which aims to replace the M2 Bradley fleet. The two companies were awarded a combined $1.6B in Phase III/IV prototype build and testing contracts in June 2023. A winner was originally expected to be selected in FY2027. However, in February 2026, Army leadership paused the formal Milestone B decision to assess competing designs more broadly and issued an RFI seeking innovative solutions for rapid design, production, and delivery of ground combat vehicles. The final selection timeline is currently uncertain.
**Why This Matters for IperionX** If American Rheinmetall wins the XM30 program, covering replacement of approximately 3,800 Bradley Fighting Vehicles with first deliveries targeted for FY2029 and full rate production FY2030, and if IperionX has successfully delivered the current prototype order, the relationship has potential to scale significantly. A full XM30 production program would represent one of the largest U.S. Army ground vehicle procurement programs in decades. The current $300K prototype order is the entry point to that potential relationship. Delivery performance on this order is what determines whether the relationship expands.
The U.S. Army also currently operates approximately 4,400 M1 Abrams and 3,500 M2 Bradleys. Existing fleet maintenance and component replacement represents a separate near-term market independent of the XM30 program outcome.
# Other Commercial Contracts
* **Ford Motor Company:** 45-month sourcing contract commencing 2025, projected revenues of approximately $11M for titanium powder and manufactured components. Ford has verified IperionX titanium meets or exceeds ASTM International standards.
* **Carver Pump:** Supply of titanium components for U.S. Navy shipbuilding, announced December 2025
* **200+ NDA-backed customer engagements** across defense, automotive, consumer electronics, aerospace, oil and gas, robotics, medical
* **90+ active customer programs**
* **22 engagements in final prototyping or commercial negotiation** as of the last quarterly report
# Ownership Breakdown
**ASX register (where the majority of shares are held):**
* Institutions: approximately 43%
* Retail and general public: approximately 36%
* Insiders (executives and directors): approximately 17% (approximately AU$100M in aggregate)
* Private companies: approximately 4%
**Key individual holders:**
* **Fidelity combined (FMR LLC U.S. approximately 8.1% plus Fidelity International approximately 9.7%):** approximately 17-18% total, largest institutional holder. Note: BNY Mellon appears on the register as a large holder but in a custodial capacity only as ADR depositary for NASDAQ investors, not as an investing shareholder.
* **Todd Hannigan (Executive Chairman):** approximately AU$86M in personal holdings (approximately 7.9% of shares). Purchased 3.5 million shares in a single December 2024 transaction at A$4.43/share (AU$15.5M total).
* **Taso Arima (CEO):** approximately 2.3-2.5% of shares
* **Dominic Allen (CCO):** top 20 shareholder as of last annual report
* **Van Eck Associates:** added 830,731 shares in Q3 2025
**Analyst coverage:** William Blair (Outperform, initiated January 2026), Roth Capital (Buy, $74 target), consensus target $51
# The Short Seller Report
Spruce Point Capital Management published their report late 2025, citing 70-95% downside risk. IperionX issued a formal rebuttal on November 17, 2025.
**Key facts from the rebuttal:**
* Spruce Point did not visit or request to visit IperionX's Virginia manufacturing operations at any point before publishing
* Spruce Point visited the former North Carolina office address, no longer the primary operation, describing it as "an empty office with stacked boxes." IperionX clarified that nearly all operations, workforce, and administrative activities had relocated to Virginia
* IperionX confirmed $79.2M cash on hand as of September 30, 2025, all government awards verified, and nameplate capacity at 200 tpa
* IperionX confirmed Spruce Point made no contact by phone or email prior to publication
**Important clarification on timing:** Several significant milestones preceded the short report. The $12.5M IBAS tranche was released in August 2025 and the $25M tranche in September 2025, both before the report. The Virginia 200 tpa capacity confirmation was also pre-report.
**What came after the short report:**
* IperionX formal rebuttal (November 17, 2025)
* Carver Pump naval contract (December 2025)
* Final $47.1M DoW IBAS tranche fully obligated (January 2026)
* 290 metric tons of free government Ti64 scrap received (January 2026)
* American Rheinmetall Army ground vehicle order (January 2026)
* William Blair Outperform initiation (January 2026)
* Stock reached all-time high of $61.45 (January 2026)
The stock dropped approximately 9.6% on the day of the rebuttal release (November 17) before recovering. It then reached an all-time high of $61.45 in January 2026, roughly 45% above the post-report low, before pulling back to current levels around $46.82.
# The Team
**Taso Arima, CEO and Founder.** Previously founded Piedmont Lithium (NASDAQ: PLL). Piedmont experienced permitting failures in North Carolina and was ultimately absorbed into a merger with Sayona Mining. The Titan Project in Tennessee has all major permits received prior to any mine development spend.
**Todd Hannigan, Executive Chairman.** Mining engineer (University of Queensland), INSEAD MBA. Prior roles at BHP Billiton, Xstrata Coal, MIM. Also Executive Chairman of Brazilian Rare Earths. Personal shareholding approximately AU$86M.
**Toby Symonds, President.** Prior roles at JP Morgan, Morgan Stanley, SAC Capital. Responsible for commercial customer development. Built the 200+ customer NDA pipeline.
**Scott Sparks, COO and Co-Founder.** Engineering and operations lead. Has been with the company since founding.
**Dominic Allen, CCO.** Prior roles at Rio Tinto and Ernst and Young. Top 20 shareholder as of last annual report.
**Board:** Lorraine Martin (former Lockheed Martin EVP, Rotary and Mission Systems, 34,000 personnel), Beverly Wyse (former Boeing SVP, 787 Dreamliner South Carolina operations), Tony Tripeny (former Corning CFO, Wharton MBA).
# Upcoming Catalysts
**Upcoming Financial Report** A financial report is expected to be published in the near term. It will be the first report where commercial revenue could appear. Virginia is operational. Ford contract commenced in 2025. Rheinmetall order placed January 2026. Carver Pump order December 2025. Any confirmed commercial revenue would be the first in the company's history and would change how the market categorizes and values the stock. It would also unlock institutional capital from funds currently mandated to avoid pre-revenue companies.
**Q2 2026: Titan DFS** Definitive Feasibility Study for the Tennessee mine. Will provide the first formal economic assessment of both the titanium and rare earth resources.
**Mid-2027: 1,400 TPA Expansion** DoW IBAS grant is fully obligated to fund the scale-up from 200 tpa to 1,400 tpa. At full utilization and $200/kg average selling price, projected revenue is approximately $280M against approximately $40M OPEX, implying approximately $260M EBITDA. These are company projections, not guaranteed outcomes. The company has also stated a goal of reaching EBITDA positive territory by year-end 2026 at current 200 tpa capacity.
# Risks
* **No commercial revenue to date.** All financial projections are forward-looking and unverified by actual commercial results.
* **Execution risk.** Scaling from 200 to 1,400 tpa is a 7x increase. Manufacturing scale-ups frequently experience delays, yield problems, and cost overruns.
* **Government dependency.** Current cash flow is primarily grant reimbursements. Commercial revenue needs to materialize independently.
* **Founder track record.** Arima's prior venture Piedmont Lithium experienced significant operational and permitting failures before a merger.
* **Retail dilution.** Four capital placements totaling approximately $246M have been completed without a Share Purchase Plan for retail shareholders.
* **ADS structure.** The 1:10 ADS ratio adds complexity for U.S. retail investors and limits participation on some platforms.
* **Foreign incorporation.** Australian domicile creates potential future FOCI and ITAR compliance complexity as defense contracts scale.
* **Short seller report.** Spruce Point's October 2025 report remains publicly available. IperionX issued a formal rebuttal in November 2025.
* **XM30 program uncertainty.** Army leadership paused the Milestone B decision in February 2026. If the program is restructured significantly or General Dynamics wins, the potential upside from Rheinmetall relationship may be reduced.
# Summary
IperionX has patented titanium production technology that works from both recycled scrap and raw domestic minerals, a commissioned Virginia manufacturing plant, the largest permitted titanium resource in the U.S. in Tennessee, approximately $309M in committed U.S. government funding and physical material, contracts with Ford, Rheinmetall, and Carver Pump, 22 customer engagements in final stages, Fidelity as the largest institutional holder at approximately 17-18%, and a financial report expected soon that will be the first to potentially show commercial revenue.
The company has zero trailing revenue. The path from current production to the projected $260M EBITDA scenario requires successful execution of a 7x capacity expansion over the next 18 months.
Current price approximately $46.82. Analyst consensus $51. Roth Capital target $74.
# How To Buy This On NASDAQ
IperionX is primarily listed on the ASX but also trades on NASDAQ under ticker IPX as an ADS (American Depositary Share). One ADS represents 10 ASX ordinary shares. It is accessible through standard U.S. brokerages including Fidelity, Schwab, TD Ameritrade, and Interactive Brokers. Current price: approximately $46.82.
The company is Australian-incorporated but operates entirely on U.S. soil. All financials are reported in USD. All operations, contracts, and government relationships are U.S.-based.
**Not financial advice. I hold a position in IPX. Do your own research.**
*Positions: Long IPX*

Verizon (VZ) has been a standout defensive play lately: the stock rose about **20% in February 2026** while the S&P 500 lost 0.9% and the Nasdaq dropped 3.4%. In a volatile macro environment (Iran tensions, weak jobs data), this kind of resilience is exactly what dividend investors look for.
The big driver? Verizon added **616,000 net postpaid subscribers** last quarter – a strong sign that demand for telecom services (mobile, fixed wireless, fiber) remains solid despite economic pressure.
On top of that, several major analysts have turned bullish post-earnings: JPMorgan, RBC, UBS, Morgan Stanley, Wells Fargo, and TD Cowen all raised price targets in the same month. When multiple firms upgrade a high-yield name like VZ at once, it often signals growing confidence in the sustainability of that juicy \~6-7% dividend yield.
For dividend-focused portfolios, this combo is appealing:
* Recurring revenue from subscriptions
* Defensive nature during macro shocks
* Recent momentum + analyst support = potential for continued stability and dividend safety
Personally, I captured part of the move via Bitget stock futures (VZUSDT perpetuals) – adjustable leverage, while still holding the core position for the yield.
what’s your take?
* Do these upgrades make VZ more attractive as a long-term income play?
* Still room for the rally to continue, or are you waiting for a pullback to add?
* How much weight do you give analyst upgrades when evaluating dividend safety?
Would love to hear your setups and yield targets! 📈