Stock Movers Circle Jumps, Tilray Brands Rises, Venture Global Up After Earnings
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Aug 12, 2025 Circle's shares soared after its first earnings report as a public company, outpacing expectations. Meanwhile, Tilray Brands enjoyed a boost after political talk around cannabis reclassification stirred investor interest. Venture Global's stock jumped following impressive earnings linked to LNG sales. The discussion highlights how market movements are influenced by financial news and regulatory changes.
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Circle Shows Rapid Stablecoin Growth
- Circle reported adjusted EBITDA of $126 million, beating estimates and showing strong revenue growth of 53% year-over-year.
- USDC circulation hit $61.3 billion, a 90% year-over-year increase signaling rising stablecoin demand.
Beats With Big Net Loss
- Despite operational beats, Circle still posted a net loss of over $400 million for the quarter.
- The stock jumped back to its $170 IPO reference point after reporting these mixed results.
Political Shift Could Boost Cannabis Stocks
- Tilray Brands rallied nearly 19% after comments that President Trump is considering reclassifying marijuana to a lower schedule.
- Analysts say reclassification could broaden capital access and lift the whole cannabis sector.