Buzz on the Bullboards: As Arctic tensions flare, investors eye three news‑making stocks

Global markets opened the week on edge as a fresh rift between Washington and key NATO partners over Greenland sent investors toward havens like gold and Treasurys. On Tuesday in Davos, Canadian Prime Minister Mark Carney delivered a pointed address rejecting renewed U.S. tariff threats on European allies and reaffirming Canada’s support for Denmark’s sovereignty over Greenland, underscoring the strain across the Atlantic alliance.

The geopolitical backdrop grew even more combustible as President Donald Trump prepared to intensify his push to assert control over Greenland at the World Economic Forum—an agenda that has already rattled stocks and drawn a unified rebuke from European governments. Trump’s team has paired the message with the threat of 10 per cent tariffs (rising to 25 per cent on June 1) on eight European allies, a move that helped knock U.S. equities lower and lifted traditional safe‑haven assets. In response, Carney has used the Davos stage to warn of a “rupture” in the global order and to argue for middle powers to band together—remarks widely interpreted as a direct rejoinder to Washington’s Greenland pressure campaign.

Against that tense macro setting, here are three stocks making headlines—spanning politics‑adjacent media, critical minerals, and cannabis—that investors are watching closely.

Trump Media’s token plans amid a crypto comedown

If 2025 was the year political memecoins sprinted into the zeitgeist, 2026 is starting with a reality check. A new, data‑driven review of the sector’s “boom‑and‑bust” cycle shows activity and market cap sliding sharply into year‑end 2025. Within that trend, the $TRUMP memecoin exemplified the arc: launched in mid‑January 2025, it spiked near US$45.5 within a day, then sank below US$8 by early April 2025 and recently traded around $5.50—roughly a 90 per cent drawdown. BestBrokers’ analysis—leveraging datasets from Dune, CoinMarketCap, and CoinGecko—attributes the reversal to thinning liquidity and post‑hype contraction across the space.

Amid the shakeout, Trump Media & Technology Group (NASDAQ:DJT, Forum)—operator of Truth Social, Truth+, and Truth.Fi—set February 2, 2026 as the record date for a shareholder digital‑token initiative. According to the company, beneficial owners and registered holders with at least one DJT share as of Feb. 2 will be eligible to receive non‑transferable tokens and related perks, with minting and custody handled by Crypto.com. The firm emphasizes the tokens won’t represent equity or cash value, positioning them instead as engagement‑linked rewards across its media ecosystem.

Why it matters for investors:

• The token program could tighten the shareholder register (the company urges holders to ensure NOBO/DRS status), potentially improving transparency around beneficial ownership—an increasingly topical issue for small‑float, high‑volatility names
• It lands just as politics‑linked crypto cools from 2025’s frenzy, where $TRUMP and $MELANIA briefly pulled billions in speculative flows before fading alongside the wider memecoin complex

The crypto footnote: A year after the peak, the memecoin tide recedes

It’s hard to ignore the irony: politically branded memecoins ($TRUMP, $MELANIA) briefly became one of the hottest corners of crypto nearly a year ago—before sliding into a classic post‑hype unwind. $TRUMP trading near US$5.50—down roughly 90 per cent from its launch‑day peak—captures how quickly attention can reverse when liquidity thins. The BestBrokers study and CoinGecko’s 2025 memecoin report both highlight plunging volumes and market caps into late‑2025, even as broader crypto benchmarks held up better—pointing directly the sector’s speculative character.

A tungsten pivot for the West

With great‑power competition moving north, supply chains for critical minerals are taking centre stage—especially tungsten, prized for its hardness and strategic defense uses. Almonty Industries (TSX:AII, Forum) just confirmed the start of active mining at its Sangdong Tungsten Mine (South Korea) in December 2025, marking the transition from construction to production and positioning Sangdong among the largest, longest‑life tungsten assets outside China. The company says it has binding offtake agreements—including long‑term commitments tied to U.S. defense applications—providing revenue visibility as it ramps.

The timing is notable: China controls 80 per cent plus of global tungsten output and tightened export controls in 2025, while the U.S. has barred China‑origin tungsten for defense procurement beginning in 2027—all contributing to a tungsten price surge (up ~160 per cent in 2025) with strength carrying into early 2026, Almonty notes in its shareholder letter. The broader policy push—tariffs, stockpiling, and allied sourcing—suggests a structural bid under non‑China supply as defense demand expands.

Why it matters for investors:

• Macro tailwinds: Export controls and procurement bans tilt demand toward Western‑aligned producers at a time when Arctic and missile‑defense narratives (yes, including Greenland) dominate headlines.
• Execution watchpoints: Almonty is guiding a phased ramp at Sangdong and pursuing additional projects (Portugal, Montana), backed by 2025 capital raises—milestones that investors will parse for throughput, grade, and cost discipline.

Tilray’s Record revenue, cleaner balance sheet

In a choppy consumer landscape, Tilray Brands (TSX:TLRY, Forum) reported record Q2 FY2026 net revenue of ~US$218 million, moved to a net cash position (~US$30 million), and reaffirmed full‑year adjusted EBITDA guidance. The quarter showed International medical cannabis revenue up 36 per cent and Canadian adult‑use up 6 per cent, alongside record revenue at Tilray Pharma—momentum the company links to a diversified platform spanning cannabis, beverages, wellness, and distribution.

Management also flagged potential upside from U.S. federal cannabis rescheduling, which could unlock new medical‑market opportunities for a company already operating within stringent regimes abroad. While headline revenue set a high‑water mark, investors should still track profitability cadence, integration costs across brand portfolios, and how Tilray prioritizes growth investments versus cash preservation through FY2026.

Bottom line

• Geopolitics is back at the portfolio level. From Greenland‑linked tariff threats to NATO friction, macro shocks are steering flows and repricing risk in real time.
• Pick your catalysts carefully. DJT has a novel token catalyst but sits adjacent to a cooling memecoin complex; AII/ALM is a levered bet on critical‑minerals re‑shoring; TLRY offers operational scale with optionality on U.S. policy.

whether you’re Team Value, Team Momentum, or Team “Show‑Me,” roll up those sleeves. Read the filings, stress‑test the assumptions, and chart the timelines—then do one more round of due diligence for good measure. Markets are throwing plot twists; make sure your portfolio is the one writing the ending.

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