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Circle shares fall as revenue miss overshadows quarterly profit beat

Circle shares fall as revenue miss overshadows quarterly profit beat

By Pritam Biswas and Atharva Singh Aug 5 (Reuters) - Stablecoin issuer Circle beat Wall Street estimates for second-quarter profit on Wednesday, driven by increased adoption of its USDC token, but a miss on revenue expectations dragged its shares down nearly 4% in early trading.
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Circle's Revenue Falls Short Amidst Cryptocurrency Market Downturn

Circle's Revenue Falls Short Amidst Cryptocurrency Market Downturn

Circle's Revenue Falls Short Amidst Cryptocurrency Market Downturn
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CLARITY Act: Potential Impact on U.S. Crypto Regulation and Open Source Development

CLARITY Act: Potential Impact on U.S. Crypto Regulation and Open Source Development

CLARITY Act: Potential Impact on U.S. Crypto Regulation and Open Source Development
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Circle Internet Group Reports Strong Q2 2026 Results with Significant Growth in USDC Circulation

Circle Internet Group Reports Strong Q2 2026 Results with Significant Growth in USDC Circulation

Circle Internet Group Reports Strong Q2 2026 Results with Significant Growth in USDC Circulation
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Circle Partners with BlackRock and Visa to Launch Arc Blockchain Network

Circle Partners with BlackRock and Visa to Launch Arc Blockchain Network

Circle Partners with BlackRock and Visa to Launch Arc Blockchain Network
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Stablecoin Supply Declines by $14 Billion Amid New U.S. Regulations

Stablecoin Supply Declines by $14 Billion Amid New U.S. Regulations

Stablecoin Supply Declines by $14 Billion Amid New U.S. Regulations
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Bernstein Warns of Crypto Market Selloff if Clarity Act Fails

Bernstein Warns of Crypto Market Selloff if Clarity Act Fails

Bernstein Warns of Crypto Market Selloff if Clarity Act Fails
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Analysts Divided on Circle Internet Group's Market Prospects

Analysts Divided on Circle Internet Group's Market Prospects

Analysts Divided on Circle Internet Group's Market Prospects
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Circle Acquires IBM Blockchain Patents, Raising Concerns Over Innovation Impact

Circle Acquires IBM Blockchain Patents, Raising Concerns Over Innovation Impact

Circle Acquires IBM Blockchain Patents, Raising Concerns Over Innovation Impact
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Circle Acquires 1,000 IBM Blockchain Patents, Raising Concerns Over Potential Litigation

Circle Acquires 1,000 IBM Blockchain Patents, Raising Concerns Over Potential Litigation

Circle Acquires 1,000 IBM Blockchain Patents, Raising Concerns Over Potential Litigation
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American Bitcoin Corp. Reports Record Bitcoin Production Amid Financial Losses

American Bitcoin Corp. Reports Record Bitcoin Production Amid Financial Losses

American Bitcoin Corp. Reports Record Bitcoin Production Amid Financial Losses
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BlackRock Expands Blockchain-Based Money Market Offerings

BlackRock Expands Blockchain-Based Money Market Offerings

BlackRock Expands Blockchain-Based Money Market Offerings