24H|Circle, USA Rare Earth And MP Materials Jumped 5%; Red Cat, Archer And Unusual Machines Up 3%

Tiger Newspress
06-16

Drone maker companies rally in overnight trading. Red Cat, Archer and Unusual Machines up 3%; Palladyne up 1%.

Rare Earth stocks rally in overnight trading. USA Rare Earth and MP Materials up 5%.

Circle shares jumped 5% in overnight trading after climbing 25% on Friday. Stablecoins are nearing a breakthrough moment, according to Circle CEO Jeremy Allaire, who likens their current state to the early days of the iPhone — full of untapped potential waiting on better infrastructure and developer tools.

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