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Why Circle Internet Stock Is Slumping Today Even After a Fresh Buy Rating
Barrons.com20d agoneutral
Why Circle Internet Stock Is Slumping Today Even After a Fresh Buy Rating

Wall Street is split on Circle Internet Group after two firms issued clashing calls on the stock, with one aggressive downgrade pulling the stock lower. The biggest blow came from Morgan Stanley as analysts cut their rating on Circle shares to Underweight from Equal Weight with a $38 price target, down sharply from $106. Circle stock tumbled 7% to $58.15 shortly after the market opened Monday.

Investing.com20d agoneutral
Circle split as Morgan Stanley cuts to Underweight, TD Cowen starts at Buy

Investing.com -- Wall Street analysts took sharply divergent views on Circle Internet Group on Monday, with Morgan Stanley downgrading the stablecoin issuer to Underweight and slashing its price target, while TD Cowen initiated coverage with a Buy rating, arguing the company's broader financial infrastructure ambitions remain underappreciated.

SpaceX stock drops as AI capex jumps in Q2
Yahoo Finance20d agoneutral
SpaceX stock drops as AI capex jumps in Q2

SpaceX reported second quarter results on Tuesday that topped estimates — its first report as a public company — which comes as the stock has been in a recent free fall.