Circle IPO Soars Above Expectations, Valued at $6.8 B Post-IPO

Circle Internet Group, the issuer of the widely used stablecoin USD Coin (USDC), has defied expectations by pricing its initial public offering (IPO) well above the forecasted range. On Wednesday, the company settled at $31 per share, surpassing the $27–28 range predicted earlier in the week. This pricing puts Circle’s primary market valuation around $6.8 billion, and approaches $8 billion on a fully […]

Nearly 30,000 Ford F-150 Lightning EVs Recalled Over Safety Concerns

Ford Motor Company has announced a significant recall of nearly 30,000 Ford F-150 Lightning electric pickup trucks in the United States due to a critical safety issue that could lead to losing steering control. Details of the Recall The recall affects 29,501 Ford F-150 Lightning BEV (Battery Electric Vehicle) models from the 2024 and 2025 model years. The U.S. National […]