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Bloomberg7d agobearish
Circle Revenue Misses Estimates as Crypto Markets Mired in Rout

(Bloomberg) -- Circle Internet Group Inc. reported second-quarter revenue that missed Wall Street expectations after circulation of its stablecoin USDC fell from a peak amid a protracted slide in cryptocurrency markets. Most Read from BloombergTrump Says Iran Talks Going Well as Hopes Rise for Hormuz DealChina’s AI Blitz Creates ‘Death Zone’ for Rival US Model MakersBeer Dynasty Families Sell €731 Million Stake in AB InBevTaco Bell Met With Michigan on Parasite Weeks Before RecallSpaceX’s AI Spl

Analyst cuts Circle stock price target ahead of earnings
TheStreet13d agobearish
Analyst cuts Circle stock price target ahead of earnings

Circle Internet Group (NYSE: CRCL) is a popular cryptocurrency firm that is best known for its USDC stablecoin. It recently acquired IBM's blockchain patent portfolio, adding more than 680 patent families and nearly 1,000 issued patents worldwide to its intellectual property. The company is ...

Investing.com29d agobearish
IBM plunges 19% as memory capex squeeze derails Q2 earnings

Investing.com --IBM’s preliminary second-quarter results delivered a gut punch to investors, sending the stock down 19% on Tuesday morning as a massive, industry-wide shift in hardware capital expenditure (capex) cannibalized the company’s high-margin software business.