Circle Internet Group's shares fell about 13% after over 140 companies, including Visa, Mastercard, and Coinbase, announced Open USD, a new stablecoin competing with Circle's USDC. Open USD offers zero-fee minting and shared reserve income, threatening Circle's revenue from USDC reserves. Circle's CEO defended USDC's market position, while Coinbase sees the new stablecoin as expanding the market. Open USD is expected to launch later this year, challenging the dominant USDC stablecoin.
Weyerhaeuser's stock recently dropped to a new 52-week low of $18.31, trading around $18.51, reflecting market pressure. Analysts have mixed views: Seaport Global lowered its price target to $30, Raymond James upgraded to "strong buy" with the same t...
Canadian Utilities and Emera have agreed to merge as equals, creating a larger utility and energy infrastructure company. RBC Capital maintains a 'Sector Perform' rating on Canadian Utilities, indicating expected performance in line with the sector. ...
Domino's Pizza is set to report its Q3 earnings on October 13, 2026, with analysts forecasting earnings per share between $4.33 and $4.36 and revenue around $1.17 billion, a 1.6% increase year-over-year. Investors will watch closely how promotional d...
Resilinc introduced a new plugin for Microsoft Copilot that allows authorized enterprise users to access live, organization-specific supply chain risk and compliance intelligence directly within Microsoft applications. This integration helps teams qu...
Third Life World, a developer of a persistent AI-agent world on the Base blockchain, has signed a definitive agreement to acquire voting control of Transglobal Management Group, Inc. (TMGI). This acquisition will make Third Life World's platform the ...
