Circle Internet Group has renewed its USDC stablecoin agreement with Coinbase for three more years, extending the partnership through 2029. USDC circulation rose 19% year-over-year to $73.3 billion, with Coinbase holding 30% of the supply on its platform. Circle reported $701 million in quarterly revenue and reserve income, up 7% year-over-year, but chose to forgo quarterly dividends to reinvest in product development, distribution partnerships, and strategic growth opportunities. The renewal solidifies USDC's central role on Coinbase and allows Circle to continue expanding its network with over 150 partners while investing in regulated U.S. infrastructure and compliance.
Wealthfront Corporation reported better-than-expected Q2 2026 earnings with $0.10 EPS versus $0.08 estimated and revenue of $91.87 million surpassing $91.53 million estimates. The company’s total platform assets grew 12% year-over-year to $99 billion...
Voyageur Pharmaceuticals has reached its first milestone in a collaboration with Bayer by submitting an approved feasibility plan, triggering a $1 million non-dilutive payment. This follows an earlier $350,000 payment, totaling $1.35 million of the $...
Eigen Labs hosted a quantum circuit optimization challenge that outperformed Google's benchmark for breaking Bitcoin and Ethereum cryptography by about 50%. Over 100 participants, including Ethereum Foundation and StarkWare researchers, improved the ...
OPRT has addressed previous concerns by repaying costly term loans and reducing its blended cost of debt from 8.6% to 6.3%. Credit quality has improved with 30-day delinquencies at their lowest since late 2021 and projected charge-offs for 2026 expec...
United Natural Foods, Inc. (UNFI) reported a puzzling Q4 where conventional product sales fell by $293 million, yet this segment contributed $39 million to the company's $56 million increase in adjusted EBITDA. This was driven by planned optimization...
