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0.000486785793967931 0.000831592398028453 0.000588199501044603 -0.00182544672737974 -0.00531407825081639 -0.00610510516601433 -0.00393485183457396 -0.00415796199014261
Stock impact report

Stablecoin leader Circle files for IPO [FOX Business Network]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Circle Internet Group disclosed a nearly 16% jump in revenue after markets closed on Tuesday, as the USD Coin issuer attempts a second go at listing on the New York Stock Exchange. The company reported revenue and reserve income of $1.68 billion for last year, compared with $1.45 billion in 2023. Net income from continuing operations was nearly $157 million in 2024 versus $271.5 million in the previous year. The IPO market is currently in a delicate place, as investors look to balance demand for new listings against risks posed by economic uncertainty, such as tariffs. However, the U.S. has embraced cryptocurrencies, with Paul Atkins, President Donald Trump's pick to lead the Securities and Exchange Commission, pledging to adopt a more "rational" approach to crypto regulation. "In many respects, Circle has for a long time been under intense public scrutiny," co-founder and CEO Jeremy Allaire wrote in a letter. "Becoming a publicly traded corporation is a continuation of our d Show less Read more
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