In June 2026, USDC processed $1.21 trillion in adjusted stablecoin trading volume, more than double Tether's USDT at $573 billion, according to Visa data. This surge helped Circle's stock (CRCL) rebound, closing 4% higher on July 2 and continuing gains despite a bearish note from Jefferies warning of competition from a new stablecoin, OUSD. While USDT led in transaction count, USDC dominated in value, holding a 67% market share of stablecoin volume. Technical analysis shows CRCL recovering from support but facing resistance near $75.66, with momentum indicators improving but not yet confirming a bullish trend. The stablecoin market remains competitive, but USDC's volume lead eases pressure from rivals for now.
Sierra Bancorp reported Q2 earnings per share (EPS) of $0.77, below analyst expectations of $0.89, and revenue of $38.98 million, missing the forecast of $39.59 million. The EPS slightly declined from $0.78 a year ago, indicating a small year-over-ye...
Navitas Semiconductor, a maker of AI data center power chips, has seen its stock fall 40% this month, making its upcoming earnings report crucial. Analysts expect a loss of $0.04 per share and revenue near $10 million, reflecting a 31.3% decline from...
Michelin has published its financial report for the first half of 2026, which is now accessible on its official website. The report has also been officially filed with the French Autorité des Marchés Financiers (AMF), ensuring regulatory compliance. ...
Michelin has published and filed its half-year financial report as of June 30, 2026, with the French financial regulator AMF. The report and the presentation of the 2026 half-year results are accessible on Michelin's official website. This disclosure...
In the first half of 2026, Michelin saw an increase in segment operating income at constant scope and exchange rates, alongside a rise in free cash flow before mergers and acquisitions. The company has confirmed its financial guidance for the full ye...
