Circle secured a one-year Principal Partner deal with Chelsea FC worth an estimated £33.6-50 million for the 2026/27 season, featuring "USDC by CIRCLE" on all team shirts. This marks the first Premier League crypto sponsorship authorized by the UK's Financial Conduct Authority (FCA), distinguishing Circle from previous failed crypto deals. While Circle is FCA-regulated, the USDC stablecoin it promotes is not yet regulated in the UK, with new stablecoin rules expected by October 2027. The deal highlights a regulatory gap and signals stablecoins' growing mainstream acceptance, with Circle leveraging its unique regulatory status and profitability to gain a competitive edge in sports sponsorship.
J.Jill reported strong Q2 earnings, beating estimates with $1.24 EPS and $154.83M revenue, driven by sales growth and direct sales increase. Following this, BTIG raised its price target to $25, suggesting a 15.74% upside. The company also raised its ...
BMO Capital Markets initiated coverage of Lululemon Athletica with an Underperform rating and a $70 price target, citing weakening demand in key markets and margin pressures. This follows a 4% revenue decline in Q2 and a reduced full-year forecast. M...
Core & Main reported strong Q2 earnings with EPS of $0.94, surpassing the $0.92 analyst estimate and showing an 8% increase year-over-year. Revenue reached $2.15 billion, slightly above the $2.14 billion expected, supported by robust municipal infras...
Korn Ferry reported strong Q1 results with earnings per share of $1.43 and revenue of $756.5 million, both exceeding analyst expectations and marking continued growth. Despite this, the stock fell due to conservative guidance for the next quarter, wh...
The Ethereum Foundation has opened applications for its Supporters Program ahead of Devcon 8, taking place November 3-6, 2026, in Mumbai, India. This program invites Ethereum projects to participate based on alignment with core values like censorship...
