Citigroup analysts say proposed U.S. limits on stablecoin rewards could reduce USDC circulation temporarily but won't fundamentally harm Circle's business model. The draft Clarity Act restricts yield on passive stablecoin balances but allows activity-based rewards, which mainly affects platforms like Coinbase, not Circle itself. Circle's revenue comes from reserve income, not from paying yield to holders, and USDC adoption is driven by transaction volume rather than supply. Despite a recent 20% drop in Circle shares, Citi views the selloff as an overreaction and maintains a high-risk buy rating with a $243 target, while Bernstein sees the selloff as a market misread and keeps an outperform rating with a $190 target.
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Red Light Holland, after acquiring Filament Health, has expanded its capabilities in pharmaceutical-grade psilocybin development. Filament completed a shipment of its botanical psilocybin drug candidate, PEX010, to the European Union to support multi...
Wendy's is running a $1 promotion on small Classic Chocolate or Vanilla Frosty from July 20 to August 23, with early access for Wendy's Rewards members on July 19 in celebration of National Ice Cream Day. The offer is redeemable via the Wendy's app a...
Inseego Corp. will release its financial results for the second quarter of 2026 on August 5, after market close. The company will hold a conference call the same day to discuss the results and business outlook. Investors can access the earnings repor...
Dyadic International has expanded its bio-industrial pipeline with a new proprietary enzyme program focused on advanced cellulose processing, building on the success of its EN3ZYME™ product. This initiative leverages Dyadic's Dapibus™ platform to str...
