Circle Internet Group (NYSE:CRCL) shares fell 16% on Tuesday while Coinbase Global Inc (NASDAQ:COIN) stock declined 7% following reports of proposed US legislation that could limit yield offerings on stablecoins.
According to a report from Crypto in America, citing an internal stakeholder email, the proposed rules would prevent platforms from offering yield “directly or indirectly” for holding a stablecoin, or in any form resembling a bank deposit.
Dollarama Inc (TSX:DOL) saw its shares fall more than 7% on Tuesday after the company forecast annual sales largely below expectations, signaling softer demand as consumers become more selective amid persistent inflation and a weakening labor market.
The Canadian discount retailer expects comparable store sales growth of 3% to 4% in fiscal 2027, below analysts’ consensus of 3.9%.
Shares of Netgear (NASDAQ:NTGR) rose more than 11% on Tuesday morning after US regulators moved to restrict the import and sale of newer consumer-grade routers made outside the country.
The Federal Communications Commission said on Monday it had updated its list of equipment deemed insufficiently secure, adding all consumer-grade routers manufactured abroad to the restrictions.
Estee Lauder Companies Inc (NYSE:EL, XETRA:ELAA) has confirmed it is in discussions regarding a potential business combination with Spanish fashion and beauty company Puig, as the companies explore a possible merger of their operations.
In a statement on Monday, Estée Lauder said no final decision has been made, and no agreement has been reached.
Shares of Jefferies Group (NYSE:JEF) rose on Tuesday after reports that Japan’s Sumitomo Mitsui Financial Group is preparing plans for a possible takeover of the US investment bank.
Jefferies has indicated it is not interested in selling, CNBC reported Tuesday morning.
Itaconix PLC (AIM:ITX, OTCQB:ITXXF, FRA:18G0), the AIM-listed plant-based specialty polymer company, saw its shares rise 8% to 120 pence on Tuesday after saying it had made a strong start to 2026.
In the commentary accompanying its results, it said it expected to reach positive adjusted EBITDA for the first time this year, with management forecasting revenues of $13.3 million and adjusted EBITDA of $300,000 for the full year.
Altona Rare Earths, the London-listed critical materials explorer, saw its shares rise 11% to 3.11 pence on Tuesday after reporting that gallium mineralisation at its Monte Muambe project in Mozambique had exceeded pre-drilling expectations, alongside strong fluorspar results in line with commercial mining grades.
The company said final assay results from its 2025 drilling campaign were now in hand, clearing the way for the preparation of a mineral resource estimate (MRE), which it described as the next major milestone for the project.