Circle's stock fell over 10% after reports that Stripe, Visa, and Mastercard are developing their own stablecoin platforms, sparking investor concerns about increased competition in the USDC stablecoin market. These payment giants' ability to integrate stablecoins directly into their vast merchant and consumer networks threatens Circle's dominance in the USDC ecosystem. The market also reacted to insider selling from a Circle director, adding to cautious sentiment. Investors await further details on competitors' progress and Circle's strategic response, with the stablecoin market's future shaped by regulatory developments and competitive dynamics.
ZenaTech announced a 640% year-over-year revenue increase to $8.4 million in Q1 2026, fueled by its Drone as a Service (DaaS) division and strategic acquisitions in surveying and traditional services. The company expanded its DaaS footprint to 26 glo...
Tourmaline Oil Corp. announced a quarterly cash dividend of $0.50 per share payable on June 30, 2026, to shareholders of record as of June 15, 2026. The dividend is designated as an eligible dividend for Canadian tax purposes. Additionally, the compa...
Helen of Troy Limited is subject to a class action lawsuit alleging securities fraud for misleading investors about the success of its Project Pegasus restructuring program. The company made false statements about the project's progress and cost-savi...
Long Table Growth Corp. priced its initial public offering (IPO) at $150 million, selling 15 million units at $10 each. The units include one Class A share and half a warrant, with warrants exercisable at $11.50 per share. Trading is set to begin on ...
Applied Aerospace & Defense, formed in December 2025 from two historic aerospace manufacturers, went public on the NYSE, raising $650 million at $20 per share. The company's legacy dates back to 1900 and includes long-standing partnerships with major...
