Latest news with #Arc
Rhyl Journal
44 minutes ago
- Sport
- Rhyl Journal
Wimbledon Hawkeye teaming up with Dettori for Kentucky bid
The son of Kameko – who won the Group Two Royal Lodge as a juvenile – gave William Haggas' potential Arc contender Merchant a fright in Goodwood's Gordon Stakes and his trainer feels the colt has all the attributes to thrive at Kentucky Downs in a $3.5million event won by Andrew Balding's Bellum Justum 12 months ago. Explaining the decision to head Stateside, Owen said: 'After his good run at Goodwood we were invited over for the race and I think it looks ideal, the track will suit him. 'Bellum Justum won it last year after doing well in the Gordon Stakes and I think Wimbledon Hawkeye is the ideal horse for it really. 'He has a very good mind, he'll travel over well and handle the whole experience well and he's shown us this year how tough he is by holding his form really well. 'It's great prize-money and hopefully he can go over there with a great chance.' It will be a first runner in America for Owen, who will be hoping for kinder weather at the Franklin track than that which greeted Wimbledon Hawkeye at Goodwood recently. And the icing on the cake for the Newmarket handler has been securing the services of Dettori, who was in fact aboard the victorious Bellum Justum last year and is no stranger to Wimbledon Hawkeye's owners the Gredley family. 'It's great that Frankie can ride him and he's had a lot of success for the Gredleys before and even won the race last year on Bellum Justum,' continued Owen. 'We don't have to take a jockey over which is another plus and having Frankie is a little cherry on top for us and a big part of the decision to go over, it's lovely to have him. 'He's never ridden for me, but I'm looking forward to it.'
South Wales Guardian
an hour ago
- Sport
- South Wales Guardian
Wimbledon Hawkeye teaming up with Dettori for Kentucky bid
The son of Kameko – who won the Group Two Royal Lodge as a juvenile – gave William Haggas' potential Arc contender Merchant a fright in Goodwood's Gordon Stakes and his trainer feels the colt has all the attributes to thrive at Kentucky Downs in a $3.5million event won by Andrew Balding's Bellum Justum 12 months ago. Explaining the decision to head Stateside, Owen said: 'After his good run at Goodwood we were invited over for the race and I think it looks ideal, the track will suit him. 'Bellum Justum won it last year after doing well in the Gordon Stakes and I think Wimbledon Hawkeye is the ideal horse for it really. 'He has a very good mind, he'll travel over well and handle the whole experience well and he's shown us this year how tough he is by holding his form really well. 'It's great prize-money and hopefully he can go over there with a great chance.' It will be a first runner in America for Owen, who will be hoping for kinder weather at the Franklin track than that which greeted Wimbledon Hawkeye at Goodwood recently. And the icing on the cake for the Newmarket handler has been securing the services of Dettori, who was in fact aboard the victorious Bellum Justum last year and is no stranger to Wimbledon Hawkeye's owners the Gredley family. 'It's great that Frankie can ride him and he's had a lot of success for the Gredleys before and even won the race last year on Bellum Justum,' continued Owen. 'We don't have to take a jockey over which is another plus and having Frankie is a little cherry on top for us and a big part of the decision to go over, it's lovely to have him. 'He's never ridden for me, but I'm looking forward to it.'
Leader Live
2 hours ago
- Sport
- Leader Live
Wimbledon Hawkeye teaming up with Dettori for Kentucky bid
The son of Kameko – who won the Group Two Royal Lodge as a juvenile – gave William Haggas' potential Arc contender Merchant a fright in Goodwood's Gordon Stakes and his trainer feels the colt has all the attributes to thrive at Kentucky Downs in a $3.5million event won by Andrew Balding's Bellum Justum 12 months ago. Explaining the decision to head Stateside, Owen said: 'After his good run at Goodwood we were invited over for the race and I think it looks ideal, the track will suit him. 'Bellum Justum won it last year after doing well in the Gordon Stakes and I think Wimbledon Hawkeye is the ideal horse for it really. 'He has a very good mind, he'll travel over well and handle the whole experience well and he's shown us this year how tough he is by holding his form really well. 'It's great prize-money and hopefully he can go over there with a great chance.' It will be a first runner in America for Owen, who will be hoping for kinder weather at the Franklin track than that which greeted Wimbledon Hawkeye at Goodwood recently. And the icing on the cake for the Newmarket handler has been securing the services of Dettori, who was in fact aboard the victorious Bellum Justum last year and is no stranger to Wimbledon Hawkeye's owners the Gredley family. 'It's great that Frankie can ride him and he's had a lot of success for the Gredleys before and even won the race last year on Bellum Justum,' continued Owen. 'We don't have to take a jockey over which is another plus and having Frankie is a little cherry on top for us and a big part of the decision to go over, it's lovely to have him. 'He's never ridden for me, but I'm looking forward to it.'
Yahoo
5 hours ago
- Business
- Yahoo
Circle stock jumps after quarterly revenue beats estimates in first earnings since blockbuster IPO
Circle (CRCL) stock jumped over 6% in premarket trading on Tuesday morning after the stablecoin issuer posted better than expected quarterly results for the first time since going public. The company posted a loss per share of $4.48, with revenue of $658 million versus the $647 million analysts expected. The company's net loss of $482 million was affected by IPO-related charges. Circle also announced Arc, an open Layer-1 blockchain, designed to provide a foundation for stablecoin payments and capital markets applications. The stock is up more than 400% from its IPO price of $31 per share as crypto-friendly legislation has lifted the sector. Circle has been at the center of optimism over the stablecoin market following the passage of the GENIUS Act, legislation that creates guardrails and a framework for digital tokens backed by assets such as the US dollar. Circle makes much of its money from interest income — specifically from short-term Treasury bills backing its stablecoin, USDC (USDC-USD). The company's income earned from the management of stablecoin-related reserves grew from $735.9 million in 2022 to $1.4 billion in 2023 and $1.7 billion in 2024. That represented 95.3%, 98.6%, and 99.1%, respectively, of Circle's total revenue from continuing operations. Reserve income increased 50% year-over-year to $634 million, primarily from an 86% growth in USDC stablecoin circulation. Circle also shares part of its revenue with Coinbase (COIN), a major partner. Last month, Wall Street analysts flagged risks heading into the back half of the year for the high-flier, including rising distribution costs. "In the coming months, we expect Circle to expand its distribution network while sharing a greater percent of interest income," Compass Point analyst Ed Engel wrote. He downgraded the stock to Sell from Neutral. "We also expect traditional banks and Fintechs to announce competing stablecoin products," he added. However, others on Wall Street see the stock as a way for investors to participate in rising enthusiasm over stablecoins. "CRCL is a global leader in stablecoins and is the purest stablecoin play in the public markets right now, and we anticipate further gains in the shares as the company creates new opportunities for itself and its partners," wrote Seaport Research analysts Jeff Cantwell last month. The analyst has a Buy Rating and price target of $280 on the stock. Circle's results come as the overall market hovers near all-time highs and crypto rallies on expectations of Federal Reserve rate cuts and President Trump's push to include crypto in 401(k) plans. Bitcoin (BTC-USD) and ethereum (ETH-USD) have both emerged as winners in the crypto space. On Monday, Bernstein analysts noted Circle as a way to play growing interest in the ethereum network, as its native coin has surged roughly 20% year to date. "Circle's USDC is minted and settled on Ethereum," wrote analyst Gautam Chhugani and his team on Monday. The analyst notes that over the last three months, USDC's total supply has increased by 7% to over $65 billion. "The rise of Ethereum and its growing on-chain financial ecosystem drives demand for USDC as collateral in smart contracts (e.g trading/lending/asset management applications) as well as settlement currency/collateral," wrote Chhugani. Wall Street analysts currently have nine Buy, five Hold, and four Sell ratings on Circle stock. Ines Ferre is a senior business reporter for Yahoo Finance. Follow her on X at @ines_ferre. Click here for in-depth analysis of the latest stock market news and events moving stock prices Errore nel recupero dei dati Effettua l'accesso per consultare il tuo portafoglio Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati Errore nel recupero dei dati
Mint
6 hours ago
- Business
- Mint
boAt launches Stone Arc series portable speakers in India: Price, features, and availability
boAt has introduced its new Stone Arc series of portable wireless speakers in India, comprising three models, Stone Arc Pro Plus, Stone Arc Pro, and Stone Arc. All models support RGB lighting, offer IPX5 water resistance, and come with up to 12 hours of playback. The Stone Arc Pro Plus features 45W output with boAt's Spatial Sound technology. It includes Broadcast Mode to sync audio with multiple Arc speakers, RGB LED lighting, and supports the boAt Hearables App for sound and lighting controls. It has an IPX5 rating for water resistance and offers up to 12 hours of battery life. Price: ₹ 4,499. The Stone Arc Pro comes with 25W output and Spatial Sound. Like the Pro Plus, it supports Broadcast Mode for multi-speaker syncing and RGB LED lighting with four dynamic modes. It also has IPX5 splash resistance and up to 12 hours of playback (with RGB on). Price: ₹ 3,499. The Stone Arc delivers 20W output via twin 58mm drivers and supports TWS pairing with another Arc speaker. It features RGB LED lighting, Bluetooth v5.4, AUX, and TF card inputs. The speaker has IPX5 splash and sweat resistance, 12-hour playback at 60% volume, and a built-in microphone for calls. Price: ₹ 2,999. Stone Arc Pro Plus: Black, Blue - ₹ 4,499 Stone Arc Pro: Raging Black, Groovy Grey - ₹ 3,499 Stone Arc: Frozen Blue - ₹ 2,999 The Stone Arc series will be available via Amazon, Flipkart, and select retail outlets.
