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Charles River

Charles River Laboratories was founded in 1947 and is a leading provider of drug discovery and development services. The company's research model & services segment is the leading provider of animal models for laboratory testing, which breeds and delivers animal research models with specific genetic characteristics for preclinical studies around the world. The discovery & safety assessment segment includes services required to take a drug through the early development process, including discovery services. The manufacturing support segment includes microbial solutions, which provides in vitro (non-animal) testing products, biologics testing services, and avian vaccine services.

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U.S. stocks were mixed, with the Dow Jones index falling around 100 points on Thursday.
Shares of RPM International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RPM#NYSE">RPM</a>) rose sharply on Thursday following better-than-expected <a href="https://www.benzinga.com/quote/RPM/earnings">quarterly EPS and sales.</a>
RPM International reported quarterly earnings of $1.72 per share which beat the analyst consensus estimate of $1.59 per share. The company reported quarterly sales of $2.08 billion which beat the analyst consensus estimate of $2.02 billion.
RPM International shares jumped 10.2% to $124.46 on Thursday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul class="wp-block-list">
<li>West Pharmaceutical Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WST#NYSE">WST</a>) shares jumped 23.7% to $281.65 after raising FY25 EPS and sales guidance above estimates.</li>
<li>ICON Public Limited Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICLR#NASDAQ">ICLR</a>) gained 19% to $199.68 after the company reported better-than-expected second-quarter financial results and raised its FY25 sales guidance.</li>
<li>Bloom Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BE#NYSE">BE</a>) jumped 18.8% to $31.97 after the company announced its fuel cell technology will be deployed at select Oracle Cloud Infrastructure data centers in the US.</li>
<li>MaxLinear, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MXL#NASDAQ">MXL</a>) rose 16.6% to $17.87 after the company reported better-than-expected second-quarter sales results and issued third-quarter sales guidance with its midpoint above estimates.</li>
<li>ASGN Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASGN#NYSE">ASGN</a>) gained 16.1% to $58.08 after the company reported better-than-expected quarterly financial results.</li>
<li>Arrive AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARAI#NASDAQ">ARAI</a>) rose 15.3% to $11.81.</li>
<li>Solid Power, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLDP#NASDAQ">SLDP</a>) gained 14% to $4.5250.</li>
<li>MicroVision, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MVIS#NASDAQ">MVIS</a>) rose 14% to $1.6850.</li>
<li>TMC the metals company Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMC#NASDAQ">TMC</a>) gained 12.2% to $8.56.</li>
<li>Labcorp Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LH#NYSE">LH</a>) gained 11.4% to $279.00 as the company posted upbeat quarterly results and raised its FY25 forecast.</li>
<li>TechnipFMC plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FTI#NYSE">FTI</a>) gained 10.4% to $37.09 following upbeat quarterly results.</li>
<li>Deutsche Bank Aktiengesellschaft (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DB#NYSE">DB</a>) gained 8.4% to $33.91 after the company reported better-than-expected Q2 sales results.</li>
<li>Charles River Laboratories International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) rose 8.2% to $181.78.</li>
<li>FirstService Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FSV#NYSE">FSV</a>) gained 8% to $193.42 following upbeat quarterly results.</li>
<li>Nasdaq, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) gained 6.7% to $94.22 after the company reported better-than-expected second-quarter financial results.</li>
<li>T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) rose 6.7% to $249.90 after the company reported better-than-expected second-quarter earnings.</li>
</ul>
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RPM International Posts Better-Than-Expected Earnings, Joins ICON, MaxLinear, Nasdaq And Other Big Stocks Moving Higher On Thursday

U.S. stocks were mixed, with the Nasdaq Composite falling around 100 points on Tuesday.
Shares of D.R. Horton, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DHI#NYSE">DHI</a>) rose sharply during Monday's session after the company announced <a href="https://www.benzinga.com/quote/DHI/earnings">upbeat quarterly results.</a>
D.R. Horton reported fiscal third-quarter revenue of $9.22 billion, beating analyst estimates of $8.79 billion, according to Benzinga Pro. The U.S. homebuilder reported third-quarter earnings of $3.36 per share, beating analyst estimates of $2.92 per share.
D.R. Horton shares climbed 12.5% to $147.66 on Tuesday.
Here are some other big stocks recording gains in today&#8217;s session.
<ul class="wp-block-list">
<li>Medpace Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEDP#NASDAQ">MEDP</a>) shares jumped 56.7% to $484.50 after the company reported strong financial results for the second quarter and raised its full-year guidance.</li>
<li>Kohl&#8217;s Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>) gained 24.6% to $12.98 amid mentions of the stock on social media.</li>
<li>Fortrea Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTRE#NASDAQ">FTRE</a>) climbed 22.7% to $5.72.</li>
<li>Aehr Test Systems, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEHR#NASDAQ">AEHR</a>) jumped 21.3% to $19.95 after the company announced it has secured new Sonoma system orders.</li>
<li>IQVIA Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IQV#NYSE">IQV</a>) gained 17.4% to $186.73 following upbeat quarterly earnings.</li>
<li>Stoke Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STOK#NASDAQ">STOK</a>) rose 16.1% to $14.30.</li>
<li>ICON Public Limited Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ICLR#NASDAQ">ICLR</a>) jumped 15.4% to $161.13.</li>
<li>Iovance Biotherapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IOVA#NASDAQ">IOVA</a>) gained 15% to $2.87.</li>
<li>Medical Properties Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MPW#NYSE">MPW</a>) climbed 12.9% to $4.5500.</li>
<li>Uranium Royalty Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UROY#NASDAQ">UROY</a>) rose 12.6% to $3.02.</li>
<li>Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLRS#NYSE">VLRS</a>) rose 12.4% to $4.96.</li>
<li>Petco Health and Wellness Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WOOF#NASDAQ">WOOF</a>) gained 12% to $3.6298.</li>
<li>Alpha Metallurgical Resources, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMR#NYSE">AMR</a>) shares rose 11.3% to $140.42. Alpha will announce second quarter financial results on Aug. 8.</li>
<li>Peabody Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BTU#NYSE">BTU</a>) gained 11% to $17.66.</li>
<li>Charles River Laboratories International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) rose 10.3% to $165.29.</li>
<li>Core Natural Resources, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNR#NYSE">CNR</a>) gained 9.6% to $84.76. Core Natural Resources will announce second quarter results on Aug. 5.</li>
<li>Pony AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PONY#NASDAQ">PONY</a>) gained 9% to $14.12.</li>
<li>Warrior Met Coal, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HCC#NYSE">HCC</a>) rose 8% to $58.74. Warrior Met Coal will hold its second quarter 2025 investor conference call on Wednesday, Aug. 6.</li>
<li>Northrop Grumman Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) gained 7.8% to $555.74 after the company reported better-than-expected second-quarter financial results and raised its FY25 adjusted EPS guidance.</li>
<li>RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>) rose 6.4% to $207.05.</li>
</ul>
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<li><a href="https://www.benzinga.com/trading-ideas/dividends/25/07/46541551/how-to-earn-500-a-month-from-att-stock-ahead-of-q2-earnings">How To Earn $500 A Month From AT&amp;T Stock Ahead Of Q2 Earnings</a></li>
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Photo via Shutterstock

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D.R. Horton, IQVIA Holdings, Northrop Grumman And Other Big Stocks Moving Higher On Tuesday

<h3>Gainers</h3>
<ul>
<li>Medpace Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MEDP#NASDAQ">MEDP</a>) shares moved upwards by 48.9% to $460.02 during Monday's after-market session. The market value of their outstanding shares is at $8.9 billion. The company's, Q2 earnings came out today. </li>
<li>Genelux (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNLX#NASDAQ">GNLX</a>) stock increased by 7.65% to $3.78. The company's market cap stands at $125.7 million. </li>
<li>Rafael Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RFL#NYSE">RFL</a>) stock rose 7.54% to $2.28. The market value of their outstanding shares is at $72.3 million. </li>
<li>Cyclacel Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYCC#NASDAQ">CYCC</a>) stock moved upwards by 7.37% to $12.52. The market value of their outstanding shares is at $20.7 million. </li>
<li>Ovid Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OVID#NASDAQ">OVID</a>) stock rose 7.36% to $0.65. The company's market cap stands at $39.1 million. </li>
<li>Charles River (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) shares increased by 6.81% to $160.0. The company's market cap stands at $7.8 billion. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Healthcare Triangle (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HCTI#NASDAQ">HCTI</a>) shares declined by 9.8% to $0.02 during Monday's after-market session. The market value of their outstanding shares is at $7.8 million. </li>
<li>Barinthus Biotherapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BRNS#NASDAQ">BRNS</a>) shares fell 9.65% to $1.78. The market value of their outstanding shares is at $60.4 million. </li>
<li>TNF Pharmaceuticals (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TNFA#NASDAQ">TNFA</a>) stock decreased by 9.51% to $0.12. The company's market cap stands at $1.2 million. </li>
<li>DIH Holding US (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DHAI#NASDAQ">DHAI</a>) shares declined by 7.07% to $0.27. The market value of their outstanding shares is at $11.7 million. </li>
<li>Neuraxis (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/NRXS#AMEX">NRXS</a>) stock fell 6.6% to $2.55. The company's market cap stands at $24.9 million. </li>
<li>OneMedNet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ONMD#NASDAQ">ONMD</a>) stock fell 6.11% to $0.54. The market value of their outstanding shares is at $25.2 million. 
See Also: <a href="http://www.benzinga.com/money/best-healthcare-stocks/" title="www.benzinga.com/money/best-healthcare-stocks/">www.benzinga.com/money/best-healthcare-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Health Care Stocks Moving In Monday's After-Market Session

The bid to set clear working rules for the cryptocurrency industry in the U.S. got a booster pill Thursday as the House of Representatives <a href="https://www.benzinga.com/crypto/25/07/46480331/the-us-just-took-a-big-step-toward-crypto-regulation-heres-what-the-clarity-act-actually-says">passed key pieces of legislation.</a>
The passage was cheered by the cryptosphere and top officials of the Trump administration.
What happened: SEC Chair Paul Atkins deemed the passage of the GENIUS Act, also known as the stablecoin bill, a "historic milestone" for crypto entrepreneurs and market participants.&nbsp;
"I look forward to watching the market leverage the regulatory framework provided by the GENIUS Act to go to market with payment stablecoin solutions that make transactions quicker, cheaper, and safer," Atkins said in a statement.
Brian Armstrong, CEO of America&#8217;s largest cryptocurrency exchange, Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), described the development as &#8220;huge&#8221; and stated that the industry is &#8220;incredibly close to having a clear regulatory framework.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Huge! GENIUS ready to be signed into law. CLARITY heading the senate next. We are getting incredibly close to finally having clear rules for crypto to grow this industry in the United States of America. <a href="https://t.co/8Bv23pcJAX">https://t.co/8Bv23pcJAX</a>
&mdash; Brian Armstrong (@brian_armstrong) <a href="https://twitter.com/brian_armstrong/status/1945945103085998581?ref_src=twsrc%5Etfw">July 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Jeremy Allaire, co-founder and CEO of the newly listed stablecoin-issuing company, Circle Internet Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>), commended Congress for showing strong bipartisan support to pass an "enormously significant" piece of legislation.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It&#39;s truly extraordinary to see the US Congress come together in a very strong bi-partisan manner to deliver an enormously significant piece of legislation that will unleash American technology innovation to build the new internet financial system. Tomorrow will make history.
&mdash; Jeremy Allaire &#8211; jda.eth / jdallaire.sol (@jerallaire) <a href="https://twitter.com/jerallaire/status/1945960426967105600?ref_src=twsrc%5Etfw">July 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) CEO Vlad Tenev said it's "a good day for innovation" in America, taking a step closer to making cryptocurrency the backbone of the financial system.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It&#39;s a good day for innovation in America. A federal framework for stablecoins gets us one step closer to making crypto the backbone of the global financial system. By enabling faster payments and streamlining settlement, the U.S. now has the opportunity to lead. &#x1f1fa;&#x1f1f8; <a href="https://t.co/KJtsOBmFKW">https://t.co/KJtsOBmFKW</a>
&mdash; Vlad Tenev (@vladtenev) <a href="https://twitter.com/vladtenev/status/1945942543906271350?ref_src=twsrc%5Etfw">July 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46424764/trump-wishes-bitcoin-ethereum-xrp-happy-crypto-week-it-is-all-part-of-make-america-great-again">Trump Wishes Bitcoin, Ethereum, XRP &#8216;Happy Crypto Week!&#8217; — &#8216;It Is All Part Of Make America Great Again&#8217;</a>
Meanwhile, economist and Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) critic Peter Schiff suggested potential corruption in the passage of the bills.
"Power corrupts. And in Congress, money buys it. There's no better display than crypto week, where Bitcoin whales paid off key members to dress their digital pyramid scheme in a cloak of legitimacy," he said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Power corrupts. And in Congress, money buys it. There's no better display than crypto week, where Bitcoin whales paid off key members to dress their digital pyramid scheme in a cloak of legitimacy, to further exploit the public's greed and ignorance for their personal gain.
&mdash; Peter Schiff (@PeterSchiff) <a href="https://twitter.com/PeterSchiff/status/1945858950508802536?ref_src=twsrc%5Etfw">July 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: The House voted for three bills on Thursday. The GENIUS Act, which has <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45989307/senate-passes-genius-act-coinbases-brian-armstrong-calls-it-big-milestone-scott-bessent-says-passage-could-drive-stablecoins-into-a-3-7-trillion-market">already passed the Senate</a>, aims to establish the first regulatory framework for issuers of dollar-pegged stablecoins such as Tether (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDT</a>) and USDC (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>). It is set to arrive on President Donald Trump's desk soon.
The CLARITY Act, which proposes to <a href="https://www.benzinga.com/25/05/45213365/maxine-waters-to-obstruct-cryptocurrency-hearing-plans-shadow-hearing-instead">split cryptocurrency oversight</a> between the SEC and the CFTC, also sailed through and will now proceed toward the Senate.
Lastly, the lower chamber passed the Anti-Central Bank Digital Currency bill, which will prevent the Federal Reserve from issuing a centrally controlled digital dollar.
The bills passed, but not <a href="https://www.benzinga.com/news/politics/25/07/46458679/trump-backed-crypto-bills-stalled-again-in-house-of-representatives-marjorie-taylor-greene-holds-out-on-cbdc-ban-will-not-vote-for-this">before a bumpy ride</a>, thanks to disagreements between House Republicans that forced Trump to intervene.
Concerns over <a href="https://www.benzinga.com/news/politics/25/07/46459302/elizabeth-warren-says-trump-backed-genius-clarity-bills-dont-address-his-corruption-or-stop-terrorists-from-using-crypto-to-blow-up-our-entire-economy">Trump-backed ventures and a potential conflict of interest</a> have heightened scrutiny of the bills, with senior Democrat Sen. Elizabeth Warren (D-Mass.) among the most vocal opponents.
Photo Courtesy: PeopleImages.com &#8211; Yuri A on Shutterstock.com
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$BTC

US House Passes Crucial Crypto Bills — From SEC Chair Paul Atkins To Coinbase CEO Brian Armstrong, Here's How Everyone Reacted

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul class="wp-block-list">
<li>Oppenheimer analyst Brian Schwartz upgraded the rating for Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) from Perform to Outperform and announced a $600 price target. Microsoft shares closed at $496.62 on Tuesday. <a href="https://www.benzinga.com/quote/msft/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wolfe Research analyst Peter Supino upgraded Fox Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOXA#NASDAQ">FOXA</a>) from Underperform to Peer Perform. Fox shares closed at $55.09 on Tuesday. <a href="https://www.benzinga.com/quote/foxa/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Evercore ISI Group analyst Elizabeth Anderson upgraded the rating for Doximity, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOCS#NYSE">DOCS</a>) from In-Line to Outperform and raised the price target from $50 to $70. Doximity shares closed at $61.47 on Tuesday. <a href="https://www.benzinga.com/quote/docs/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan analyst Mark Strouse upgraded Bloom Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BE#NYSE">BE</a>) from Neutral to Overweight and boosted the price target from $18 to $33. Bloom Energy shares closed at $24.32 on Tuesday. <a href="https://www.benzinga.com/quote/BE/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup analyst Patrick Donnelly upgraded the rating for Charles River Laboratories International, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) from Neutral to Buy and raised the price target from $150 to $200. Charles River shares closed at $158.44 on Tuesday. <a href="https://www.benzinga.com/quote/CRL/analyst-ratings">See how other analysts view this stock.</a></li>
</ul>
Considering buying MSFT stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="569" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/09095537/image-98-1024x569.png" alt="" class="wp-image-978461" style="width:657px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/09095537/image-98-1024x569.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/09095537/image-98-300x167.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/09095537/image-98-768x427.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/09095537/image-98.png 1137w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
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Photo via Shutterstock

Upgrades

Analyst Ratings

DOCS

FOXA

MSFT

This Microsoft Analyst Turns Bullish; Here Are Top 5 Upgrades For Wednesday

Evercore ISI Group analyst Ross Muken maintains Charles River (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) with a Outperform and raises the price target from $170 to $180.

Price Target

Evercore ISI Group Maintains Outperform on Charles River, Raises Price Target to $180

Citigroup analyst Patrick Donnelly upgrades Charles River (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) from Neutral to Buy and raises the price target from $150 to $200.

Citigroup Upgrades Charles River to Buy, Raises Price Target to $200

ARK Invest CEO Cathie Wood agrees with Fundstrat Global Advisors Head of Research Tom Lee and has likened the Circle (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) IPO to a pivotal moment in the crypto industry, suggesting that institutional investors can no longer ignore the convergence of artificial intelligence and blockchain.
What Happened: In a Tuesday interview with BanklessHQ, Wood drew parallels between the Circle IPO and the &#8216;ChatGPT moment&#8217; in the crypto industry. &#8220;I heard Tom Lee describe the Circle IPO as the ChatGPT moment and I understand it, Wood said.&#8221;
She highlighted that the IPO has sparked a significant shift in the attitude of institutional investors towards the crypto space.
&#8220;Before, trying to convince institutional investors about crypto felt pointless. But now, they&#8217;re seriously digging into it — because missing out on something as big as the AI-and-crypto combo just isn&#8217;t an option,&#8221; Wood said.
She also credited the IPO for bringing about a change in the regulatory landscape, which led to a surge in institutional interest in the cryptocurrency space.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">"I heard Tom Lee ( <a href="https://twitter.com/fundstrat?ref_src=twsrc%5Etfw">@fundstrat</a> ) describe the <a href="https://twitter.com/circle?ref_src=twsrc%5Etfw">@circle</a> IPO as the ChatGPT moment. Before, we were spitting in the wind with institutional investors. Now they're finally studying crypto hard because you cannot miss the equivalent of AI and crypto together."<a href="https://twitter.com/CathieDWood?ref_src=twsrc%5Etfw">@CathieDWood</a> of… <a href="https://t.co/EEUv5yEIpG">pic.twitter.com/EEUv5yEIpG</a>
&mdash; Bankless (@BanklessHQ) <a href="https://twitter.com/BanklessHQ/status/1942690793631932507?ref_src=twsrc%5Etfw">July 8, 2025</a></blockquote>
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See Also: <a href="https://benzinga.com/news/politics/25/07/46308025/get-ready-for-800-hours-of-blackouts-trumps-doe-warns" target="_blank" rel="noopener">Get Ready For 800 Hours Of Blackouts, Trump&#8217;s DOE Warns</a>
Wood&#8217;s comments come in the wake of Circle&#8217;s successful IPO, which saw a <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46289982/circle-shares-surge-92-since-nyse-debut-cathie-wood-highlights-arks-successful-take-on-stablecoin-issuers-ipo">92% surge</a> in its shares since its debut on the NYSE. The company is the issuer of the USDC (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>) stablecoin, which has been gaining traction in the crypto market.
Why It Matters: The Circle IPO has been a significant event in the crypto industry, with Wood&#8217;s ARK Invest being one of the early investors in the company. Wood had previously praised her team&#8217;s successful take on Circle, particularly the work of Raye Hadi, a new member of ARK&#8217;s cryptocurrency research team, for their immediate impact on Circle.
Despite <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/46019582/circles-blockbuster-success-aside-tether-ceo-doesnt-want-to-go-public-not-trying-to-please-couple-of-jpmorgan-analysts">Circle&#8217;s blockbuster success</a>, the CEO of stablecoin issuer Tether, Paolo Ardoino, had earlier stated that the company had no plans to go public, citing its profitability and conservative management as key reasons behind the decision.
The Circle IPO also coincided with a significant development in the regulatory landscape, as the Senate passed the <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45989307/senate-passes-genius-act-coinbases-brian-armstrong-calls-it-big-milestone-scott-bessent-says-passage-could-drive-stablecoins-into-a-3-7-trillion-market">GENIUS Act</a>, a bill that established the country's first regulatory framework for dollar-pegged stablecoins. This move was celebrated by prominent figures in the cryptocurrency industry, including Coinbase&#8217;s Brian Armstrong and Scott Bessent.
Read Next: 
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo Courtesy: PJ McDonnell from Shutterstock

Equities

Cathie Wood Agrees Circle IPO Is 'Crypto's ChatGPT Moment' — Warns Institutions That Ignoring The AI-Crypto Combo 'Just Isn't An Option'

Seasoned investor&nbsp;Cathie Wood&nbsp;on Monday praised an analyst from Ark Invest&#8217;s Digital Assets team for their successful take on Circle Internet Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) from a month ago.
What Happened:&nbsp;Wood took to X to welcome Raye Hadi, the new member of the cryptocurrency research team, and praised their immediate impact, notably their work on Circle, the issuer of USDC (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>) stablecoin.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We are thrilled that you have joined the ARK team, <a href="https://twitter.com/rhadiARK?ref_src=twsrc%5Etfw">@rhadiARK</a>. You hit the ground running with <a href="https://twitter.com/search?q=%24CRCL&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$CRCL</a>, the first of many successes likely in the years ahead! <a href="https://t.co/D79FpqGQEA">https://t.co/D79FpqGQEA</a>
&mdash; Cathie Wood (@CathieDWood) <a href="https://twitter.com/CathieDWood/status/1942332851841614311?ref_src=twsrc%5Etfw">July 7, 2025</a></blockquote>
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Hadi, along with Lorenzo Valiente. Director of Research at Ark Invest, <a href="https://www.ark-invest.com/newsletters/issue-466">wrote</a> on Circle&#8217;s successful Wall Street launch last month, with shares <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45852973/circle-ipo-success-suggests-markets-open-to-new-listings-especially-from-crypto-businesses-says-spac-king-chamath-palihapitiya">exploding 168%</a> from the IPO price on debut.
&#8220;Circle's successful IPO could inspire more crypto-native firms to pursue public listings, further highlighting the sector's role as an innovator in the global financial infrastructure space,&#8221; the blog post read.
See Also:&nbsp;<a href="https://benzinga.com/crypto/25/07/46288196/bitcoin-ethereum-dogecoin-dip-on-macro-jitters-from-trumps-japan-south-korea-tariffs-analyst-says-btc-6-months-away-from-top-if-history-repeats" target="_blank" rel="noreferrer noopener">Bitcoin, Ethereum, Dogecoin Dip On Macro Jitters From Trump&#8217;s Japan, South Korea Tariffs: Analyst Says BTC 6 Months Away From Top If History Repeats</a>
Why It Matters: Circle began June with an<a href="https://www.benzinga.com/markets/ipos/25/06/45819104/cathie-wood-calls-circles-ipo-an-amazing-debut"> IPO priced at $31 per share</a>. The stock opened for trading on the New York Stock Exchange at $69 per share and has continued to see strong momentum.
CRCL exploded to $240 apiece by June 20, but has since retreated. Nonetheless, it has<a href="https://www.benzinga.com/trading-ideas/movers/25/07/46281595/circle-internet-group-st[%E2%80%A6]rming-the-sp-500-over-the-past-month-whats-driving-the-rally"> rallied over 92%</a> during the past month of trading, surpassing the S&amp;P 500.
Wood deemed the IPO&nbsp;<a href="https://www.benzinga.com/markets/ipos/25/06/45819104/cathie-wood-calls-circles-ipo-an-amazing-debut" target="_blank" rel="noreferrer noopener">an "amazing debut,"</a>&nbsp;with her firm&nbsp;ARK Invest&nbsp;bagging hundreds of millions worth of the company's shares immediately. 
As of this writing, the ARK Fintech Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKF#BATS">ARKF</a>), ARK Innovation ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKK#BATS">ARKK</a>) and ARK Next Generation Internet ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ARKW#BATS">ARKW</a>) held a total of $562.7 million worth of Circle shares.
Price Action:&nbsp; Shares of Circle were down 0.70% in after-hours trading after closing 9.90% higher at $207.46&nbsp; during Monday&#8217;s regular trading session, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
Are you looking for cryptocurrency-linked stocks for your portfolio? Check out&nbsp;<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Benzinga Edge Stock Rankings</a>&nbsp;to filter out the best performers on key measures such as Momentum, Growth, and Quality.
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Photo Courtesy: PJ McDonnell on Shutterstock.com
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

ARKF

ARKK

ARKW

CRCL

Circle Shares Surge 92% Since NYSE Debut — Cathie Wood Highlights Ark's Successful Take On Stablecoin Issuer's IPO

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General

BRKR

ILMN

QTRX

'NIH halts grant terminations 'effective immediately,' email says'- Stat News

Paolo Ardoino, CEO of stablecoin issuer Tether&nbsp;(CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDT</a>), said Thursday that the company has no plans to go public, despite Circle Internet Financial&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) success on Wall Street.
What Happened: During an interview with entrepreneur and investor Anthony Pompliano, Ardoino cited the company&#8217;s profitability and conservative management as key reasons behind the decision.
&#8220;We are not interested to go public, especially given the fact that the company is very profitable, and this year we think we could beat last year profits, then you know why going public,&#8221; Ardoino said.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The CEO of Tether believes the business is worth $2 Trillion. $2,000,000,000,000 That number may sound crazy, but Tether is the most profitable company per employee in human history. I sat down with CEO <a href="https://twitter.com/paoloardoino?ref_src=twsrc%5Etfw">@paoloardoino</a> to discuss regulation, emerging markets, the Circle IPO,… <a href="https://t.co/XxGdBbAdU7">pic.twitter.com/XxGdBbAdU7</a>
&mdash; Anthony Pompliano &#x1f32a; (@APompliano) <a href="https://twitter.com/APompliano/status/1935839987506786544?ref_src=twsrc%5Etfw">June 19, 2025</a></blockquote>
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The CEO added that they are not seeking &#8220;cheap capital,&#8221; which he believed is a primary reason why companies want to go public.
&#8220;We are very conservative in the way we manage the company. We don&#8217;t have dozens of employees,&#8221; Ardoino went on to say. &#8220;We have lean operations. We are reinvesting most of what we earn in safe assets like gold and bitcoin. So we don&#8217;t need access to capital.&#8221;
&#8220;We don&#8217;t want to live quarter by quarter trying to please a couple of analysts from JP Morgan,&#8221; he added.
Ardoino also acknowledged the blockbuster listing of Circle, the company that issues the world&#8217;s second-largest stablecoin USDC (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>). He believed Tether would be worth $2 trillion with the same multiplier that Circle has.
See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/06/45995223/genius-stablecoin-bill-clears-senate-but-trumps-crypto-profits-loom-over-momentum" target="_blank" rel="noreferrer noopener">GENIUS Stablecoin Bill Clears Senate But Trump's Crypto Profits Loom Over Momentum</a>
Why It Matters: Ardoino&#8217;s remarks come as the stablecoin industry is experiencing significant momentum, with the Senate recently passing a legislation that establishes the America&#8217;s first <a href="https://www.benzinga.com/markets/cryptocurrency/25/06/45972264/senate-advances-stablecoin-bill-a-defining-moment-for-crypto-market-regulation">regulatory framework for dollar-pegged cryptocurrency.</a>
The sector also s<a href="https://www.benzinga.com/trading-ideas/movers/25/06/45999427/circle-internet-group-crcl-stock-soars-on-landmark-stablecoin-legislation">aw the bumper debut of Circle on Wall Street</a>, and the stock has exploded 543% from its IPO price
Notably, Tether<a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42956569/tether-to-relocate-headquarters-to-el-salvador"> relocated its operations</a> to El Salvador earlier this year, a move prompted by the country&#8217;s crypto-friendly policies and adoption of digital assets. The firm reported annual profits of over <a href="https://tether.io/news/tether-hits-13-billion-profits-for-2024-and-all-time-highs-in-u-s-treasury-holdings-usdt-circulation-and-reserve-buffer-in-q4-2024-attestation/#:~:text=Building%20on%20the%20extraordinary%20performance,net%20profits%20exceeding%20%2413%20billion.">$13 billion</a> in 2024.
Price Action:&nbsp; Shares of Circle closed 33.8% higher at $199.59 during Wednesday&#8217;s regular trading session, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>.
CRCL exhibited a low value score—a percentile-ranked composite metric that evaluates a stock's relative worth by comparing its market price to fundamental measures— as of this writing. Check out&nbsp;<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Benzinga Edge Stock Rankings</a>&nbsp;to filter out the best performers on this metric.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="438" height="191" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20010632/image-299.png" alt="" class="wp-image-955435" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20010632/image-299.png 438w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/20010632/image-299-300x131.png 300w" sizes="(max-width: 438px) 100vw, 438px" /></a></figure>
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Photo Courtesy: DIAMOND VISUALS on Shutterstock.com
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Fintech news covering the emerging Financial Technology services sector

Fintech

Circle's Blockbuster Success Aside, Tether CEO Doesn't Want To Go Public: 'Not Trying To Please' Couple Of JPMorgan Analysts

In a significant development, the Senate <a href="https://www.benzinga.com/markets/cryptocurrency/25/06/45972264/senate-advances-stablecoin-bill-a-defining-moment-for-crypto-market-regulation">passed the GENIUS Act</a> on Tuesday, a bill establishing the country&#8217;s first regulatory framework for dollar-pegged stablecoins.&nbsp;
Prominent names tied to the cryptocurrency industry soon took to social media to celebrate the passage.
What happened: Brian Armstrong, CEO of America's largest cryptocurrency exchange, Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), called it a "big milestone."
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Big milestone! <a href="https://t.co/hQtX7IylvN">https://t.co/hQtX7IylvN</a>
&mdash; Brian Armstrong (@brian_armstrong) <a href="https://twitter.com/brian_armstrong/status/1935153738324545537?ref_src=twsrc%5Etfw">June 18, 2025</a></blockquote>
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Paolo Ardoino, CEO of the world's largest stablecoin-issuing company, Tether (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDT</a>), wrote "GENIUS" in a post, alongside the emojis of the U.S. national flag and the national bird, the bald eagle.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">GENIUS &#x1f9e0;&#x1f985;&#x1f1fa;&#x1f1f8;
&mdash; Paolo Ardoino &#x1f916; (@paoloardoino) <a href="https://twitter.com/paoloardoino/status/1935094673141281222?ref_src=twsrc%5Etfw">June 17, 2025</a></blockquote>
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Jeremy Allaire, co-founder and CEO of the newly listed stablecoin company, Circle Internet Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>), said that "history was being made" and the legislation would help "drive U.S. economic and national competitiveness" in the years to come.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">History is being made, as the US Senate passes the GENIUS Act, taking us one step closer to breakthrough legislation being signed into law that will drive US economic and national competitiveness for decades to come.
&mdash; Jeremy Allaire &#8211; jda.eth / jdallaire.sol (@jerallaire) <a href="https://twitter.com/jerallaire/status/1935093204572893663?ref_src=twsrc%5Etfw">June 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Interestingly, Treasury Secretary Scott Bessent, who has <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45897485/treasury-secretary-scott-bessent-sees-stablecoin-market-surging-past-2-trillion-as-senate-a">strongly backed the GENIUS Act</a>, said that its passage could help stablecoins grow into a $3.7 trillion market by the end of the decade.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Recent reporting projects that stablecoins could grow into a $3.7 trillion market by the end of the decade. That scenario becomes more likely with passage of the GENIUS Act. A thriving stablecoin ecosystem will drive demand from the private sector for US Treasuries, which back…
&mdash; Treasury Secretary Scott Bessent (@SecScottBessent) <a href="https://twitter.com/SecScottBessent/status/1935027160374210573?ref_src=twsrc%5Etfw">June 17, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
While the bill passed with bipartisan support in a 68-30 vote, a section of Democrats voted against it, citing the involvement of President Donald Trump and his family with the space.
Sen. Peter Welch (D-Vt.) said the bill allows the President and his family to continue owning, issuing, and profiting off stablecoins.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The GENIUS Act prohibits members of Congress and their families from profiting off stablecoins, but Republicans wrote a carveout into the legislation to make sure at least one person can profit. President Trump. I just voted against it.
&mdash; Senator Peter Welch (@SenPeterWelch) <a href="https://twitter.com/SenPeterWelch/status/1935087298162438280?ref_src=twsrc%5Etfw">June 17, 2025</a></blockquote>
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Sen. Dick Durbin (D-Ill.) said that in the absence of an amendment process, the bill would enable crypto scams "at the expense of unsuspecting Americans."
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Today, I voted NO on the GENIUS Act. With no amendment process, this bill will allow crypto ATM scams to continue at the expense of unsuspecting Americans. Conveniently, it also allows the President and his family to continue owning, issuing, and profiting off of stablecoins.
&mdash; Senator Dick Durbin (@SenatorDurbin) <a href="https://twitter.com/SenatorDurbin/status/1935100630764605486?ref_src=twsrc%5Etfw">June 17, 2025</a></blockquote>
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See Also:<a href="https://www.benzinga.com/25/04/44621245/gold-backed-cryptos-match-yellow-metals-highs-following-trumps-liberation-day-shock"> </a><a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45740537/forget-dollars-willy-woo-says-bitcoin-will-be-priced-against-global-gdp-gold-used-to-be-that-money-btc-is-the-challenger">Forget Dollars: Willy Woo Says Bitcoin Will Be Priced Against Global GDP — &#8216;Gold Used To Be That Money, BTC Is The Challenger&#8217;</a>
Why It Matters: Despite early bipartisan momentum, the bill failed a <a href="https://www.benzinga.com/content/45327068/scott-bessent-slams-48-49-senate-snub-will-genius-act-failure-cost-u-s-crypto-crown">procedural vote</a> on May 8 after Senate Democrats abruptly pulled support over national security concerns, AML provisions, and last-minute resistance from key lawmakers.
The bill passed the closure vote last month despite vehement opposition by Sen. Elizabeth Warren (D-Mass.), who <a href="https://www.benzinga.com/25/05/45509721/elizabeth-warren-urges-congress-to-vote-against-genius-act-citing-potential-for-trumps-corruptionanthony-scaramucci-warns-democrats-against-political-suicide">alleged</a> that the legislation would "turbocharge" Trump's corruption, citing the family-backed USD1 stablecoin.
The bill now heads to the House for further debate before it reaches Trump's desk for approval.
Photo Courtesy: ddRender on Shutterstock.com
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</ul>

Government

Regulations

Politics

$TRUMP

Senate Passes GENIUS Act—Coinbase's Brian Armstrong Calls It 'Big Milestone,' Scott Bessent Says Passage Could Drive Stablecoins Into A $3.7 Trillion Market

Tobi Lütke, CEO of&nbsp;Shopify Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHOP#NASDAQ">SHOP</a>), said Thursday that the firm has partnered with Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) to integrate USD Coin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>), allowing merchants to accept payments in the world&#8217;s second-largest dollar-pegged cryptocurrency. 
What Happened:&nbsp;In an X post, Lütke revealed that&nbsp;the e-commerce company&nbsp;will enable USDC payments on Base, an Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) Layer-2 blockchain <a href="https://www.benzinga.com/personal-finance/25/04/45014779/base-creator-says-the-coinbase-incubated-blockchain-is-prioritizing-creators-over-traders-as-fallout-of-contentcoin-debacle-continues">incubated by Coinbase</a>. 
&#8220;Shopify will enable USDC (Stablecoins on @Base) in Checkout via Shopify Payments and Shop Pay. Early access starts today, roll out throughout the year,&#8221; Lütke said. 
The CEO acknowledged that &#8220;stablecoins are a natural way to transact on the internet,&#8221; and they worked with Coinbase to develop the payment protocol powering the system.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Shopify will enable USDC (Stablecoins on <a href="https://twitter.com/base?ref_src=twsrc%5Etfw">@Base</a>) in Checkout via Shopify Payments and Shop Pay. Early access starts today, roll out throughout the year. We think that stablecoins are a natural way to transact on the Internet and worked with coinbase to develop the commerce… <a href="https://t.co/o6jme8kSha">pic.twitter.com/o6jme8kSha</a>
&mdash; tobi lutke (@tobi) <a href="https://twitter.com/tobi/status/1933236205027799254?ref_src=twsrc%5Etfw">June 12, 2025</a></blockquote>
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See Also:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/06/45906017/dogecoin-drops-6-why-is-it-going-down" target="_blank" rel="noreferrer noopener">Dogecoin Drops 6%: Why Is It Going Down?</a>
Lütke mentioned that the integration would allow the company&nbsp;to offer buyer incentives like&nbsp;1% cash back in the&nbsp;future. 
&#8220;And it's all transparent to merchants, they will simply get normal local currency payouts the same as usual (unless you choose to keep it as USDC!),&#8221; he clarified. 
Lütke said fintech firm Stripe helped &#8220;make this totally seamless.&#8221;
Why It Matters:&nbsp;This was not the first time Shopify looked into <a href="https://www.benzinga.com/markets/cryptocurrency/24/06/39315050/shopify-merchants-can-now-embrace-crypto-payments-with-helio-integration">cryptocurrency payments</a>. In 2023, it integrated Solana Pay, a payment system developed by Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>), allowing payments in several stablecoins, including USDC.
The move comes amid growing acceptance of stablecoins in the financial world.&nbsp;Treasury Secretary Scott Bessent&nbsp;recently projected that <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45897485/treasury-secretary-scott-bessent-sees-stablecoin-market-surging-past-2-trillion-as-senate-advances-dollar-pegged-crypto-bill">dollar-pegged cryptocurrencies could reach a market capitalization</a> of $2 trillion and beyond, as stablecoin legislation advances in the U.S. Senate.
Notably, Circle Internet Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>), the company that issues the USDC stablecoin, opened to a bumper public listing last week. Its shares have rallied 243% from the IPO price.
Price Action:&nbsp;Shares of Shopify were down 2.73% in pre-market trading after closing 4.31% lower at $109.21 during Thursday&#8217;s regular trading session, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;
The stock demonstrated a high Momentum and Growth score as of this writing. Want to see how it stands up against other e-commerce companies? Please visit <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a>.
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="562" height="417" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13052228/image-217.png" alt="" class="wp-image-948704" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13052228/image-217.png 562w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13052228/image-217-300x223.png 300w" sizes="(max-width: 562px) 100vw, 562px" /></a></figure>
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Photo Courtesy: Skorzewiak on Shutterstock

Shopify Teams Up With Coinbase, Stripe To Roll Out USDC Stablecoin Payments For Merchants

Tarun Anand, KPMG&#8217;s Blockchain and Digital Asset Consultant, said stablecoins, real-world asset tokenization and decentralized physical infrastructure networks will be the key cryptocurrency narratives to watch out for in the next few years.
What Happened: In an exclusive chat with Benzinga at the recently held Consensus 2025 event, Anand shared his insights on the future of blockchain technology and cryptocurrency.
&#8220;I think the next 1-2 years, it&#8217;s going to be a story of stablecoins. Then real world assets,&#8221; Anand predicted. &#8220;After that I think we&#8217;re going to be moving into seeing how decentralized physical infrastructure networks, or DePIN, can really transform telecommunications.&#8221;
Anand added, &#8220;Keep an eye out for&nbsp;DePIN in the next five&nbsp;years.&#8221;
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<iframe loading="lazy" title="Consensus 2025 KPMG" width="500" height="281" src="https://www.youtube.com/embed/jMjQw0wZ1IE?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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<a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45739199/american-politicians-dont-believe-bitcoin-can-co-exist-peacefully-with-the-dollar-says-this-popular-btc-maximalist-heres-why">See Also:&nbsp;American Politicians Don&#8217;t Believe Bitcoin Can &#8216;Co-Exist Peacefully&#8217; With The Dollar, Says This Popular BTC Maximalist: Here&#8217;s Why</a>
Anand also expressed confidence that KPMG as a company had the ability to provide &#8220;institutional-grade&nbsp;services to traditional players—banks and&nbsp;asset managers—apart from native Web3 companies.
&#8220;We&#8217;re definitely uniquely positioned to provide what I think the Web3 ecosystem needs to gain retail and full corporate adoption,&#8221; Anand stated.
Why It Matters: Dollar-backed stablecoins, like Tether (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDT</a>) and Circle (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>), have been a hot topic in the cryptocurrency world. According to a&nbsp;multinational bank,&nbsp;Standard Chartered, the&nbsp;<a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44812762/stablecoins-to-surge-to-2-trillion-by-2028-says-standard-chartered-heres-what-it-means-for-the-dollar" target="_blank" rel="noreferrer noopener">total value</a>&nbsp;of the stablecoin market is expected to surge from $254 billion today to $2 trillion by the end of 2028, potentially generating $1.6 trillion in additional <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45604556/scott-bessent-forecasts-stablecoins-increasing-appetite-for-us-treasuries-by-trillions-promises-highest-regulatory-standards-for-dollar-pegged-cryptos">demand for U.S. Treasury bills</a>.
Anand&#8217;s predictions come at a time when <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45510057/senate-crypto-bill-passes-key-vote-genius-act-moves-toward-final-passage">the Senate has advanced the GENIUS Act</a> in the Senate. The legislation, aimed at regulating stablecoins, has passed a key procedural hurdle and is moving towards final passage.
In other news, stablecoin issuer Circle Internet Financial (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45852973/circle-ipo-success-suggests-markets-open-to-new-listings-especially-from-crypto-businesses-says-spac-king-chamath-palihapitiya">has made a blockbuster debut</a> on Wall Street, surging a whopping 271% from its IPO price.
Meanwhile, the tokenization of real-world assets, or RWAs, has also sparked interest, with major businesses such as Robinhood Markets Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) <a href="https://www.benzinga.com/25/05/45537142/robinhoods-push-to-bring-wall-street-on-blockchainbrokerage-firm-submits-proposal-to-sec-to-regulate-tokenized-assets">proposing a government framework</a> and Ripple Labs <a href="https://www.benzinga.com/25/05/45610417/xrp-blockchain-chosen-to-power-dubai-government-backed-real-estate-tokenization-platform">striking high-profile partnerships </a>to offer such services.
DePIN, on the other hand, uses blockchain technology to <a href="https://www.benzinga.com/money/what-is-depin">create and manage physical infrastructure</a>, like wireless networks. <a href="https://defillama.com/narrative-tracker">According </a>to DeFiLlama, the total market cap of DePIN protocols was $19.25 billion as of this writing while RWA&#8217;s accounted for over $41 billion.
Photo Courtesy: Skorzewiak on Shutterstock.com
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USDT

Circle Stock Has Popped 271% Since NYSE Debut, Now A KPMG Consultant Says This Is The Next Big Thing After Stablecoins

Venture capitalist Chamath Palihapitiya admired Circle Internet Group&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) successful Wall Street debut on Monday, suggesting it could pave the way for more cryptocurrency companies to enter public markets.
What Happened: Palihapitiya took to X to comment on the recent public listing of the stablecoin issuing company. He highlighted Circle&#8217;s potential advantage over competitors, given its&nbsp;&#8220;head start&#8221; and the resources it managed to raise&nbsp;through its IPO.
&#8220;The IPO's success also suggests that public markets are open to new listings, especially from crypto companies, and reinforces that regulatory clarity may be the decisive factor in opening both private and public markets,&#8221; the tech investor added.
The SPAC King noted that Circle built an infrastructure for stablecoin issuance and settlement ahead of regulatory and legal clarity in the U.S., and he hoped that <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45510057/senate-crypto-bill-passes-key-vote-genius-act-moves-toward-final-passage">legislation defining a framework for the space</a> would be formalized soon.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">What I Read This Week… Circle went public this week in one of the most successful IPOs in recent memory, with shares 25× oversubscribed and the company raising $1 billion, more than double expectations. Shares priced at $31 closed their first day of trading on the NYSE at $83,…
&mdash; Chamath Palihapitiya (@chamath) <a href="https://twitter.com/chamath/status/1932154943789736304?ref_src=twsrc%5Etfw">June 9, 2025</a></blockquote>
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See Also: Forget Dollars: Willy Woo Says Bitcoin Will Be Priced Against Global GDP — &#8216;Gold Used To Be That Money, BTC Is The Challenger&#8217;
Why It Matters: Circle, the issuer of USDC (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>) took the Wall Street by storm, with shares popping 168% <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45800399/circle-surges-to-69-in-nyse-debut-raising-1-1b-as-investors-bet-on-stablecoins-going-mainstream" target="_blank" rel="noreferrer noopener">from the IPO price</a> on its debut.
Palihapitiya had previously suggested that acquiring Circle could potentially be a valuable acquisition for cryptocurrency companies like&nbsp;Ripple Labs&nbsp;or&nbsp;Coinbase Global Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), given the potential value of the stablecoin market.
However, some industry experts have <a href="https://www.benzinga.com/markets/offerings/25/06/45785682/chamath-palihapitiya-says-circle-ipo-valued-at-7-billion-means-its-a-genius-buy-for-coinbase-heres-why">advised caution</a>. Former Goldman Sachs executive Dom Kwok suggested <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45830632/ex-goldman-executive-on-circles-168-ipo-spike-dont-rush-to-buy-stock-as-bankers-engineer-a-pop-cites-facebook-example">investors wait for the lockup period to end</a> before investing in Circle, citing potential selling by insiders and early investors.
Price Action:&nbsp; Shares of Circle were up 2.20% in after-hours trading after closing 7.01% higher at $115.25 during Monday&#8217;s regular trading session, according to&nbsp;<a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA.." target="_blank" rel="noreferrer noopener">data from Benzinga Pro</a>. Since its debut, the stock has popped a whopping 271%.
Are you looking to gain exposure to cryptocurrency-linked stocks? Discover the most appealing among them based on key metrics like Momentum, Growth, and Quality with the <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">Benzinga Edge Stock Rankings</a>.
Photo Courtesy: Kathy Hutchins On Shutterstock.com
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Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Circle IPO Success Suggests Markets Open To New Listings, Especially From Crypto Businesses, Says SPAC King Chamath Palihapitiya

Michael Shaulov, CEO of digital asset infrastructure provider Fireblocks, asserted that cryptocurrency has crossed the &#8220;point of no return,&#8221; with increasing acceptance and impending regulation advancing its legitimacy.
What Happened:&nbsp;In an exclusive chat with Benzinga at the recently held Consensus 2025 event, Shaulov was optimistic of the cryptocurrency sector&#8217;s future, with more individuals and institutions jumping on the bandwagon.
&#8220;I think it&#8217;s pretty clear that it&#8217;s beyond the point of no return,&#8221; Shaulov stated. &#8220;The train left the station. I think more and more people are jumping on the train&#8221;
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He further said that the incoming regulation in the U.S., in whatever shape it takes, would only strengthen the reality of cryptocurrencies, offering ten times the properties, performance, speed and cost reduction compared to traditional financial systems.
See Also:&nbsp;<a href="https://benzinga.com/general/education/24/11/42125880/if-you-bought-1-worth-of-bitcoin-at-launch-heres-how-much-youd-have-today-2" target="_blank" rel="noreferrer noopener">If You Bought $1 Worth Of Bitcoin At Launch, Here&#8217;s How Much You&#8217;d Have Today</a>
Shaulov also shared findings from a recent survey that Fireblocks conducted across&nbsp;banks and payment&nbsp;companies. 
&#8220;There&#8217;s no skeptism anymore. 90% of them are either already working with stable coins or in pilots of stable coins or contemplating how they&#8217;re going to enter the space,&#8221; Shaulov revealed.
Why It Matters:&nbsp;Shaulov has been a long-standing cryptocurrency advocate. He previously referred to Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) as an <a href="https://www.benzinga.com/markets/cryptocurrency/23/10/35142263/exclusive-fireblocks-ceo-calls-bitcoin-an-insurance-policy-against-government-collapse">&#8220;insurance instrument&#8221;</a> against potential government system collapses.
His optimistic outlook on the sector, particularly on stablecoins, comes amid the advancement of the <a href="https://www.benzinga.com/markets/cryptocurrency/25/05/45510057/senate-crypto-bill-passes-key-vote-genius-act-moves-toward-final-passage" target="_blank" rel="noreferrer noopener">GENIUS Act</a>, a proposed legislation aiming to establish the first U.S. regulatory framework for issuers of stablecoins like Tether (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDT</a>) and USD Coin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>). Sen.&nbsp;Cynthia Lummis&nbsp;(R-Wyo.) expressed confidence that the&nbsp;<a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45763451/ja" target="_blank" rel="noreferrer noopener">bill would become law</a>&nbsp;by this week.
Meanwhile, stablecoin issuing company Circle Internet Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) <a href="https://www.benzinga.com/trading-ideas/movers/25/06/45821941/circle-crcl-stock-surges-after-successful-ipo-debut-whats-going-on">recorded a blockbuster debut</a> last week, popping 168% on its first day. The stock opened at $69, more than double its $31 IPO price, giving the company an initial valuation of $6.9 billion.
However, former Goldman Sachs executive and Web3 entrepreneur Dom Kwok <a href="https://www.benzinga.com/crypto/cryptocurrency/25/06/45830632/ex-goldman-executive-on-circles-168-ipo-spike-dont-rush-to-buy-stock-as-bankers-engineer-a-pop-cites-facebook-example">advised investors</a> not to rush and wait for the lockup period to end.
Circle joined other cryptocurrency-related stocks like Coinbase Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) on Wall Street. Check out Benzinga Edge Stock Rankings score to see <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound" target="_blank" rel="noreferrer noopener">how these stocks rank</a> in various metrics like Momentum, Growth and Quality.
Photo Courtesy: alfernec on Shutterstock.com
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Crypto At 'Point Of No Return,' Says Fireblocks CEO And Here's Why He Is Confident About It

Editor's Note: This story has been updated to correct an error in the USDC ticker. Ex-Goldman Executive On Circle's 168% IPO Spike: Don't Rush To Buy Stock As Bankers Engineer A ‘Pop' — Cites Facebook Example
Former Goldman Sachs executive and Web3 entrepreneur Dom Kwok advised against investing in Circle Internet Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRL#NYSE">CRL</a>) following its bumper listing, suggesting investors wait for the lockup period to end.
What Happened: In an X post dated Friday, Kwok, co-founder of EasyA, share his investment advice regarding the <a href="https://www.benzinga.com/trading-ideas/movers/25/06/45821941/circle-crcl-stock-surges-after-successful-ipo-debut-whats-going-on">recent initial public offering</a> of&nbsp;the stablecoin issuing company. He cautioned investors against buying into the hype created by the engineered &#8220;pop&#8221; on IPO day.
&#8220;As we just saw with Circle&#8217;s 168% pop, this sharp price increase creates huge excitement and bullish sentiment around the company. All eyes focus on the stock, drawing more investors in and driving price higher. but don&#8217;t fall for it,&#8221; Kwok said.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">when i worked at <a href="https://twitter.com/GoldmanSachs?ref_src=twsrc%5Etfw">@GoldmanSachs</a>, i pulled multiple all-nighters pricing tech IPOs. if you&#39;re considering buying <a href="https://twitter.com/search?q=%24CRCL&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$CRCL</a>, read this. TLDR i would not invest in <a href="https://twitter.com/circle?ref_src=twsrc%5Etfw">@circle</a>&#39;s IPO after a 168% pop. why? when bankers price an IPO, they engineer a &quot;pop&quot; on IPO day. as we just saw with… <a href="https://t.co/XKpVzTbymv">pic.twitter.com/XKpVzTbymv</a>
&mdash; Dom (Bull/ish) &#x7C; EasyA (@dom_kwok) <a href="https://twitter.com/dom_kwok/status/1930845306222240016?ref_src=twsrc%5Etfw">June 6, 2025</a></blockquote>
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Kwok advised retail investors to wait 90-180 days after the IPO to invest, allowing for price discovery and the end of the lockup period.
&#8220;When the lockup period ends, insiders and early investors typically sell their shares, causing lots of selling pressure and pushing price down. this typically gives long-term retail investors a great opportunity to buy shares at a discount,&#8221; Kwok added. In the case of Circle, the lockup period is 180 days.
Kwok also cited the example of Facebook, which was later rebranded as Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>). After a blockbuster IPO, t<a href="https://www.benzinga.com/news/12/11/3095295/more-than-70-of-investors-dislike-facebook">he shares hit new lows </a>as the lockup period ended.
While several users backed Kwok&#8217;s analysis, WilliamNextLvl who described themselves as having &#8220;stock investing expertise,&#8221; differed, saying, &#8220;The IPO market is smoking hot right now. Ride the momentum.&#8221;
See Also:&nbsp;<a href="https://benzinga.com/markets/cryptocurrency/25/06/45751414/bitcoin-dips-below-106k-while-firms-like-microstrategy-nbx-and-k33-adopt-btc-treasury-stra" target="_blank" rel="noreferrer noopener">Bitcoin Dips Below $106K While Firms Like MicroStrategy, NBX, and K33 Adopt BTC Treasury Strategy </a>
Why It Matters: Circle&#8217;s IPO was indeed a sensation, with shares popping 168% on its Wall Street debut. Seasoned investor Cathie Wood deemed the IPO <a href="https://www.benzinga.com/markets/ipos/25/06/45819104/cathie-wood-calls-circles-ipo-an-amazing-debut">an &#8220;amazing debut,&#8221;</a> with her firm ARK Invest bagging hundreds of millions worth of the company&#8217;s shares.
The acquisition could point to Ark's bullish outlook on the stablecoin sector as Circle is the issuer of the world&#8217;s second-largest stablecoin by market capitalization, USDC (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">USDC</a>).
Price Action:&nbsp; Shares of Circle closed 29% higher at $107.70 during Friday&#8217;s regular trading session, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Are you looking for cryptocurrency-linked stocks for your portfolio? Check out <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Benzinga Edge Stock Rankings</a> to filter out the best performers on key measures such as Momentum, Growth, and Quality.
Photo Courtesy: kenary820 on Shutterstock.com
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Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" rel="noreferrer noopener" target="_blank"></a>

Ex-Goldman Executive On Circle's 168% IPO Spike: Don't Rush To Buy Stock As Bankers Engineer A 'Pop' — Cites Facebook Example (CORRECTED)

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Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
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