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Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million.
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Crypto
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Cointelegraph
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Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million.
The Block
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Circle named BlackRock, Visa, DTCC and eight others as Arc validators as Q2 revenue hit $701M and USDC circulation reached $73.3B.
StockStory
Electronic components distributor Avnet (NASDAQGS:AVT) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, with sales up 47.7% year on year to $8.30 billion. On top of that, next quarter’s revenue guidance ($9.15 billion at the midpoint) was surprisingly good and 18.7% above what analysts were expecting. Its non-GAAP profit of $2.28 per share was 28.8% above analysts’ consensus estimates.