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.
ZenaTech announced a 27.1% organic revenue growth in its Drone as a Service (DaaS) operations in 2026, driven by integrating AI and drones into surveying and inspection workflows. The company expects Q3 2026 revenues between C$13.4 million and C$14.8...
Nvidia CEO Jensen Huang has reaffirmed his long-standing forecast that global spending on AI infrastructure will surge to between $3 trillion and $4 trillion by 2030. This projection highlights the massive growth potential in the AI sector, driven by...
Targa Resources Corp. announced a quarterly cash dividend of $1.25 per common share for Q3 2026, payable on November 17, 2026, to shareholders of record as of October 30, 2026. The company will release its Q3 2026 financial results before market open...
On October 13, 2026, several stocks including Adlai Nortye, Omada Health, Syndax Pharmaceuticals, Six Flags, and Immunic saw significant declines. Syndax dropped 15.7% after its Phase 2 trial for a lung disease drug failed, leading to halted developm...
Applied Materials projects sustained demand for its chipmaking equipment driven by AI infrastructure growth, expecting faster spending on wafer fab equipment through 2030. The company aims to increase its market share by over 2 percentage points from...
