Headlines

ARK Invest buys $6.8M in Circle shares after NY win

Cathie Wood’s ARK Invest bought 109,129 Circle shares after the stablecoin issuer secured a limited-purpose trust charter in New York. Summary ARK acquired about $6.83 million in Circle shares across three exchange-traded funds. Circle received a limited-purpose trust charter from the New York Department of Financial Services. CRCL closed 2.54% lower at $62.61 on July…

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Qualcomm Confirms Chip Price Hikes From September 1

Android flagships may soon cost more as Qualcomm passes rising chip costs to customers. Qualcomm plans to increase prices for its Snapdragon processors beginning September 1, a move that could make future Android smartphones more expensive as manufacturers face higher component costs. The company confirmed the increase while reporting its fiscal third-quarter earnings. CEO Cristiano…

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