Circle Posts Record Revenue — But Its Stock Tanks Anyway. What Went Wrong?

Stablecoin giant Circle reported soaring profits from its USDC reserves, fueled by high interest rates. Yet despite the earnings boom, investors dumped the stock over lingering crypto-sector risks and uncertainty about future rate cuts.Get the top 40+ AI Models for $20 at AI Box: ⁠⁠https://aibox.aiAI Chat YouTube Channel: https://www.youtube.com/@JaedenSchaferJoin my AI Hustle Community: https://www.skool.com/aihustle

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Practical: AI & Business News is a dynamic podcast dedicated to exploring the latest trends, developments, and applications in the world of artificial intelligence and business. Each episode delves into current topics and news, offering listeners a deep dive into the most relevant and exciting aspects of AI technology. With a focus on real-world implications and future possibilities, the podcast presents complex concepts in an accessible and engaging manner. For AI enthusiasts and people curious about how technology is shaping our world.