Investment
Features
FeesSafety
Academy
More
Pluang+

Circle stock rises 5% after NYDFS grants trust charter for USDC issuer

Market News
31 Jul 2026
Coinpaper
View Source
Bullish
pluang ai news

Circle Internet Group's stock rose 5% following the New York Department of Financial Services granting a limited-purpose trust charter to Circle Internet Trust Company LLC, allowing it to operate as Circle New York Trust. This regulatory approval strengthens Circle's compliance framework amid increasing scrutiny of stablecoins like USDC from regulators and lawmakers. The charter enhances Circle's position in the U.S. market as it continues to expand its blockchain and payment infrastructure. Despite competition and regulatory uncertainties, this move supports Circle's strategy to maintain USDC as a leading regulated stablecoin.

More News

Affiliated Managers Group posts strong Q2 earnings, raising price target to $425 with 15.9% upside.

Affiliated Managers Group posts strong Q2 earnings, raising price target to $425 with 15.9% upside.

Affiliated Managers Group reported strong Q2 results with economic earnings per share of $8.29, beating estimates and marking a 58.3% increase year-over-year. Revenue rose nearly 30% to $640.7 million, driven by record Assets Under Management reachin...

Company Fundamentals
Bullish
39 minutes ago
SPY faces volatility as chip selloff pressures S&P 500, marking first July decline since 2014.

SPY faces volatility as chip selloff pressures S&P 500, marking first July decline since 2014.

The SPDR S&P 500 ETF Trust (SPY) experienced increased volatility at the end of July 2026 due to a sharp selloff in semiconductor stocks, which heavily impacted the technology sector and the broader S&P 500 index. This selloff contributed to the S&P ...

Market News
Bearish
42 minutes ago
Diebold Nixdorf CFO buys shares after strong Q2 with 1.4% revenue growth and 17% EPS rise

Diebold Nixdorf CFO buys shares after strong Q2 with 1.4% revenue growth and 17% EPS rise

Diebold Nixdorf's CFO Timko Thomas S purchased 700 shares at $72.29 following the company's strong Q2 2026 results. The company reported a 1.4% revenue increase to $928 million and an 8% rise in adjusted EBITDA to $121 million. Adjusted EPS surged 17...

Market News
Bullish
48 minutes ago
EchoStar reports upcoming earnings with expected loss amid $23B spectrum sale and financial strain.

EchoStar reports upcoming earnings with expected loss amid $23B spectrum sale and financial strain.

EchoStar Corporation recently sold its wireless spectrum licenses to AT&T for $23 billion and will report quarterly earnings on August 3, 2026. Analysts expect revenue of $3.59 billion but a slight net loss with an EPS of -$0.02. The company shows fi...

Company Fundamentals
Bearish
51 minutes ago
Stocks surge on financing deals, earnings anticipation, and short squeeze potential.

Stocks surge on financing deals, earnings anticipation, and short squeeze potential.

Several stocks saw major gains driven by key events: Focus Universal surged 517% after a $10M preferred equity offering; Replimune rose 107% on cancer therapy developments; Tucows gained nearly 59% ahead of Q2 earnings; Apnimed jumped 54% targeting a...

Market News
Bullish
51 minutes ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App