On August 4, Circle Internet Corp. rose 5.02% in regular trading, trading at $61.095/share, with turnover of $183 million. The stock rebounded sharply from the prior session's 6.83% decline triggered by Morgan Stanley's downgrade.
On the news front, a deep-dive research report on AI Agent commercialization infrastructure was released today, positioning Circle as a key infrastructure provider in the AI agent economy. The report highlighted that Circle's AgentStack now supports gas-free transactions, cross-chain settlement, and micropayments as low as $0.000001, providing the technical foundation for automated commercial collaboration between AI agents. Additionally, Ark Invest purchased approximately $1.4 million in Circle Internet Group stock on the same day, signaling institutional confidence.
The rebound comes after Morgan Stanley downgraded Circle to underweight with a $38 price target on August 3, citing USDC balance contraction and structural headwinds. Circle is scheduled to report quarterly earnings on August 5 pre-market, with consensus EPS estimates at $0.16 and revenue at $724 million.
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