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Circle posts 53% revenue jump, unveils Arc blockchain for next-gen stablecoin payments
Circle Internet Group (NYSE:CRC) reported its first quarterly earnings since going public, revealing second-quarter 2025 revenue of $658 million — a 53% increase compared with the same period last year. Despite strong top-line growth driven by surging USDC stablecoin circulation, the company posted a net loss of $482 million. The loss was largely due to…
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Metaplanet boosts Bitcoin reserves to 18,113 BTC with $61 million August purchase
Metaplanet Inc. (USOTC:MTPLF), the Tokyo-listed Japanese company specializing in Bitcoin treasury management (COIN:BTCUSD), has added 518 BTC to its holdings in August 2025. The acquisition, worth about $61 million, was made at an average price of $118,519 per bitcoin. Following the latest purchase, Metaplanet’s reserves total 18,113 BTC, with a market value of roughly $1.85…
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On Holding shares surge as sportswear maker boosts annual forecast after strong Q2 sales
On Holding (NYSE:ONON) saw its stock jump roughly 10% in premarket trading on Tuesday after the Swiss sportswear brand delivered second-quarter revenue well above Wall Street expectations and lifted its full-year guidance. Net sales climbed 32% year-over-year to CHF 749.2 million, or 38.2% when adjusted for currency fluctuations, surpassing the analyst consensus of CHF 703.8…
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U.S. Ethereum ETFs Set New Record with Over $1 Billion in Single-Day Inflows
Ethereum exchange-traded funds (ETFs) in the United States posted a historic achievement on August 11, pulling in $1.019 billion in net inflows and shattering the prior record of $726.6 million. BlackRock’s (NYSE:BLK) iShares Ethereum Trust (NASDAQ:ETHA) dominated the day’s activity, attracting roughly $640 million—its largest daily intake since inception. The Fidelity Ethereum Fund (AMEX:FETH) followed…
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Shift4 Payments Shares Climb After Founder Jared Isaacman Boosts Stake
Shift4 Payments Inc. (NYSE:FOUR) saw its stock rise 4% in premarket trading on Tuesday after regulatory filings revealed that founder and executive chairman Jared Isaacman purchased a sizable amount of company shares. According to filings with the U.S. Securities and Exchange Commission (SEC), Isaacman bought 91,721 shares on Friday, August 8, at an average price…
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MSG Sports Shares Rise as Q4 Revenue Beats Forecasts Despite Loss
Madison Square Garden Sports Corp. (NYSE:MSGS) posted fiscal fourth-quarter revenue that topped analyst expectations on Tuesday, even as the company recorded a loss due to fewer playoff games and reduced local media rights fees. Shares rose 0.58% in after-hours trading after the announcement. The owner of the New York Knicks and New York Rangers reported…
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eToro Posts Strong Q2 Results, Shares Edge Higher on Trading Surge
eToro Group (NASDAQ:ETOR) delivered second-quarter results that beat Wall Street estimates, sending its shares up 0.9% on Tuesday. The trading platform benefited from a notable rise in customer activity, lifting both earnings and revenue. For Q2 2025, eToro reported adjusted earnings of $0.56 per share, ahead of the $0.51 consensus forecast and up from $0.51…
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BKV Tops Q2 Profit Estimates, Shares Slip Slightly
BKV Corporation (NYSE:BKV) posted stronger-than-expected second-quarter results on Tuesday, buoyed by robust operational performance across all segments of its natural gas business. Adjusted earnings came in at $0.39 per share, ahead of analyst forecasts. Quarterly revenue reached $322.0 million, which included $9.3 million in realized hedging gains. Despite the earnings beat, BKV shares dipped 0.22%…
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BitMine Shares Drop as Company Expands At-the-Market Offering to $24.5 Billion
BitMine Immersion Technologies (AMEX:BMNR) saw its stock slide 6% on Tuesday morning after revealing a major expansion of its at-the-market share sale program, boosting the offering size to $24.5 billion. The crypto mining firm disclosed the increase in a prospectus supplement filed with the U.S. Securities and Exchange Commission on August 12. This marks the…
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Crude Prices Slip as Market Awaits U.S. CPI and Monitors Washington-Moscow Diplomacy
Oil prices moved slightly lower on Tuesday as traders balanced optimism over a prolonged U.S.-China tariff truce with caution ahead of key U.S. inflation data and upcoming peace talks between the United States and Russia. As of 07:35 ET (11:35 GMT), Brent crude futures for October delivery were down 0.4% at $66.34 per barrel, while…