Mizuho lowered its price target for Circle from $45 to $43 and maintained an Underperform rating, citing risks from AI personal assistants. These AI agents may steer USDC holders toward higher-yielding fiat products or other platforms, potentially reducing USDC's market cap by up to $9 billion and cutting Circle's reserve revenue by 10-20%. The bank also reduced its 2027 forecasts for USDC circulation and Circle's adjusted EBITDA due to faster AI adoption. Circle's shares dropped 7% following the report, reflecting investor concerns about AI's impact on stablecoin revenue.
Circle stock's 7% drop is notable alongside Pluang's cryptocurrency market data. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Oct 27, 2026 17:02 WIB: out of 50 priced major cryptocurrencies, 16 rose and 33 fell today. EGLD (MultiversX) rose 2.46% to Rp58.742 with 98% buy orders and a typical hold time of 86 days. NEO (Neo) fell 2.35% to Rp36.849 with 100% buy orders and a hold time of 97 days. XTZ (Tezos) declined 2.33% to Rp4.995 with 71% sell orders and a hold time of 101 days.
Nautilus Biotechnology announced its Q3 2026 financial results, reporting $0.2 million in revenue mainly from grants and early access services, and a net loss of $15.6 million. The company highlighted progress in its proteome analysis platform, inclu...
Eviden, part of Atos Group, has introduced ASTRA-LAS, a tactical decision-support solution designed to aid naval officers in complex maritime environments. The system uses operational data and AI to enhance situational awareness, reduce cognitive loa...
Eviden, part of Atos Group, has introduced ASTRA-LAS, a new AI-powered tactical assistant designed to support naval operations by providing enhanced visualizations, automated analyses, and mission-specific recommendations. This system helps naval off...
Investec Bank plc, acting as joint broker for Pollen Street Group Limited, disclosed share transactions on October 26, 2026. The bank purchased and sold 20,765 ordinary shares at prices ranging from 929 to 935 per share. There were no derivative tran...
Investec Bank Plc, acting as financial adviser to DBAY Advisors Limited, purchased 50,000 ordinary shares of Logistics Development Group plc on October 26, 2026, at a price of 21.5 per share. This transaction was disclosed under Rule 8.5 of the Takeo...
