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ABLV News30 articles
Circle Faces Q1 Earnings Test Amid Shifting Stablecoin Regulations
Circle Internet Group reports Q1 earnings Monday before the market opens, with analysts expecting $0.19 EPS and $715M revenue, as USDC circulation surged 72%.
Primoris Services Plunges 49% After Q1 Earnings Miss and Renewable Project Woes
Primoris Services shares plummeted 49% after missing Q1 earnings and cutting its 2026 outlook, driven by cost overruns in renewable-energy projects.
Harley-Davidson's New CEO Bets on Affordable Bikes as Q1 Profit Dives 81%
Harley-Davidson's Q1 net income fell 81% to $25M as revenue dropped 12%. The company launches a new strategy centered on affordable bikes like the $6,000 Sprint to lure younger buyers.
DoorDash Enables SNAP Payments for Kroger Delivery Across 2,700 Stores
DoorDash has begun accepting SNAP/EBT payments for grocery delivery from nearly 2,700 Kroger-family stores, expanding low-income food access and intensifying competition with Uber Eats and Instacart.
Circle Stock Surges on Stablecoin Regulatory Breakthrough
Circle (CRCL) shares rose 10% after a Senate compromise on stablecoin regulation, with Coinbase (COIN) up nearly 5%. USDC supply stands at $77.4 billion.
Coinbase Shares Surge as Senate Compromise Revives Stablecoin Regulation Bill
Coinbase shares climbed Monday after a Senate compromise on stablecoin rewards revived the CLARITY Act, which had been stalled for months.
Senate Stablecoin Deal Opens Door for Ripple's RLUSD Expansion
A Senate deal on stablecoin rewards unlocks crypto legislation, boosting Ripple's RLUSD as it expands on OKX with over 280 trading pairs and margin collateral use.
Brookfield Renewable Explores Unifying BEPC and BEP Units to Boost Liquidity
Brookfield Renewable is considering merging its BEPC shares and BEP units into a single security to improve liquidity, following a $2.3 billion net loss and record FFO.
Brookfield Renewable Shares Plunge 12% Ahead of Q1 Earnings Report
Brookfield Renewable Corp shares dropped 12.5% to $35.20 on Wednesday, with trading volume quadrupling the average ahead of its Q1 earnings release on Friday.
Chipotle Shares Surge 7% as Chicken Menu Revives Comparable Sales Growth
Chipotle posted a 0.5% increase in first-quarter comparable sales, reversing declines and topping analyst forecasts. Shares rose 7% after hours.
XRP Dips 2.7% to $1.39 Despite Ripple-K Bank Pilot, Stablecoin Focus Caps Rally
XRP slipped 2.7% to $1.39 on Monday as Ripple's new pilot with K Bank uses stablecoins, not XRP. The broader crypto market also declined, with bitcoin near $76,960.
Tesla Accelerates Affordable Compact SUV Development Amid Sales Challenges
Tesla is moving forward with plans for a more affordable compact SUV, targeting initial production in Shanghai. This comes as the company reported its largest quarterly gap between production and deliveries in years.
Tesla Targets Affordable EV Segment with New Compact SUV Amid Sales Pressure
Tesla is advancing plans for a new compact electric SUV, priced below the Model 3, with production slated for its Shanghai plant. The move comes as the automaker faces a widening gap between production and deliveries.
Asia Imposes Fuel Curbs as Hormuz Crisis Escalates, Boosting Renewables
Asian governments have expanded emergency fuel measures as the prolonged Strait of Hormuz crisis keeps energy costs elevated, prompting rationing, tax cuts, and a pivot toward renewable energy sources.
SoFi Expands Enterprise Banking with 24/7 Dollar and Stablecoin Platform
SoFi Technologies has introduced a new enterprise banking platform enabling businesses to manage both traditional dollars and stablecoins around the clock. The stock gained 1.5% following the announcement, which comes weeks before the company's first-quarter results.
Circle Stock Plunge May Be Overblown as Senate Bill Targets Stablecoin Rewards
Circle Internet Financial's stock fell a record 20% Tuesday following a Senate draft bill that limits rewards for holding stablecoins. Analysts argue the reaction was overdone, as the proposal primarily affects distributors like Coinbase, not Circle's core reserve income.
Equitable and Corebridge to Merge in $22 Billion Deal, Forging Retirement Titan
Equitable Holdings and Corebridge Financial have agreed to combine in an all-stock transaction valued at approximately $22 billion. The merged entity will manage over $1.5 trillion in assets and serve more than 12 million customers.
Circle Shares Plunge 20% on Senate Stablecoin Reward Restrictions
Circle Internet Group shares tumbled 20.1% to $101.17 Tuesday as new Senate draft language would prohibit interest-style payments for holding stablecoins. The regulatory uncertainty sparked broad declines across crypto-related stocks.
Musk Found Liable for Misleading Statements in Twitter Buyout Saga
Elon Musk was found liable for misleading Twitter investors with public statements during the 2022 takeover battle. The jury rejected claims of an intentional fraud scheme, but damages could reach billions.
SoFi Stock Dips Amid Fintech Rally, Stablecoin Deal in Focus
SoFi Technologies shares fell 0.6% to $17.66, lagging a broader fintech rally. The company recently posted record quarterly revenue and announced a key stablecoin partnership with Mastercard.
SoFi Stock Gains on Mastercard Stablecoin Partnership, CEO Purchase
SoFi Technologies advanced Wednesday, recovering from a prior session decline. The fintech's new stablecoin settlement partnership with Mastercard and a significant share purchase by CEO Anthony Noto were in focus.
SoFi Shares Dip Amid CEO Purchase and Mastercard Stablecoin Partnership
SoFi Technologies shares fell in late trading Tuesday, even after CEO Anthony Noto increased his stake and the company announced a Mastercard partnership for its stablecoin. The fintech sector broadly weakened.
Visa Expands Global Stablecoin Card Rollout via Stripe's Bridge
Visa is expanding its partnership with Stripe's Bridge platform to offer stablecoin-linked payment cards in more than 100 nations by year-end. The initiative includes on-chain settlement pilots with Lead Bank.
Mastercard Tests Stablecoin Settlement with SoFi Amid Market Dip
Mastercard stock declined 0.5% to $521.60, underperforming the broader market, following news of a stablecoin settlement test with SoFi. Traders are eyeing Friday's jobs report and upcoming fintech conferences.
Mastercard Advances Stablecoin Settlement with SoFi, Shares Gain After Hours
Mastercard shares gained 0.6% in extended trading following news of a partnership with SoFi Technologies to integrate stablecoin settlement into its global payments network. Investors await further strategic updates at an upcoming investor conference.
Visa Expands Global Stablecoin Card Program with Stripe's Bridge
Visa's stock price remained flat following news of a major expansion of its stablecoin card initiative with Stripe's Bridge unit. The program will grow from 18 to over 100 countries, incorporating on-chain settlement via Lead Bank.
XRP Drops Amid Geopolitical Tensions as Ripple Expands Stablecoin Support
XRP declined 2.4% to $1.36, trading between $1.34 and $1.40, as geopolitical tensions weighed on crypto markets. Ripple announced an expansion of its payments platform to support stablecoins.
Corning Gains on Motorola Foldable Glass Deal, Investors Eye CFO Remarks
Corning shares advanced approximately 5% to $157.86 following the announcement that its new Gorilla Glass Ceramic 3 will be featured on Motorola's upcoming foldable smartphone. The stock maintained its gains in after-hours trading.
Corning Shares Surge on Motorola Foldable Glass Deal
Corning Incorporated saw its stock climb approximately 5% to $157.86 following the announcement that its new Gorilla Glass Ceramic 3 will be featured on Motorola's upcoming razr foldable smartphone. The gains held steady in after-hours trading as the market awaits further commentary from company executives.
Circle Internet Group Shares Surge on Rate Outlook and Stablecoin Focus
Circle Internet Group shares surged over 12% in Monday trading, driven by investor focus on U.S. monetary policy and the company's stablecoin business. The stock's movement reflects sensitivity to interest rate expectations and key economic data releases.