Exchange: BATS·Updated 05:44 PM EDT
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SHOP Stock Heads For Best Week In A Year: Jefferies Says Shopify 'Cleared A High Bar' After Solid Q2
Wall Street firms have raised their price targets on Shopify following its fiscal second-quarter earnings.
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Palantir’s AI Rally Leaves Burry Wishing He’d Shorted $1 Trillion, Cathie Wood’s ARK Trims Holdings
Cathie Wood’s ARK Invest sold 39,233 Palantir shares across ARKK and ARKF, worth $6.38 million at Tuesday’s close.
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ETFs to Watch as HOOD Sinks Despite Q2 Earnings Beat, Better Cash Position
HOOD slides after a Q2 earnings beat as crypto revenues weaken, but stronger cash and trading metrics put ETFs with Robinhood exposure in focus.
Zacks
Coinbase CEO Brian Armstrong Says 'Crypto Voters Are Watching' As 70% Say It'll Sway Their Midterm Vote
Stand With Crypto found that 73% of crypto owners are tracking lawmakers’ positions on digital assets, and roughly 80% say they are very likely to vote in the midterms.
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BMNR Stock Surges After Firm’s Record Buyback, Tom Lee Sets $2,500 Ethereum Target
Chairman Tom Lee said the company increased buybacks because the rising ETH/BTC ratio signals strengthening cryptocurrency prices despite delays surrounding the CLARITY Act.
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CRCL Stock Rallies After Circle Acquires Nearly 1,000 Blockchain Patents From IBM
Circle announced it has acquired more than 680 blockchain patent families and nearly 1,000 issued patents from IBM's blockchain portfolio.
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Four Coinbase Executives Exit Or Shift Roles In Just Over Two Weeks
Chief Legal Officer Paul Grewal will also be leaving, while Jesse Pollak is stepping back from leading the Base app due to unmet strategic goals.
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Goldman Sachs CEO David Solomon Reportedly Backs CLARITY Act In Split From JPMorgan’s Jamie Dimon
Goldman Sachs CEO’s backing comes as Senate Republicans circulate updated CLARITY Act text ahead of a possible floor vote next week.
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Circle Has A Message For Stablecoin Rivals: We Are ‘Playing The Long Game’
Tarbert also highlighted Circle's newly approved national trust charter, which allows the firm to manage USDC reserves under federal oversight.
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Coinbase's Chief Policy Officer Tells Elizabeth Warren She Has CLARITY Act ‘Exactly Backward’ On National Security
Faryar Shirzad argued that regulatory uncertainty creates opportunities for bad actors, while the bill would bring crypto platforms under stricter federal oversight.
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