Circle Internet Group, Inc. (CRCL)

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A proposed settlement has been reached in a class action lawsuit involving Concord Acquisition Corporation, with $3.7 million in cash and Circle Internet Financial shares to be distributed to Class A stockholders as of December 28, 2022.

Q3 earnings season kicks off with optimistic projections, highlighting a potential 'have and have-not' economic landscape. Tech sector, particularly AI-focused companies, is expected to drive strong performance, while consumer-focused sectors may face challenges from inflation and value-conscious spending.

Several large-cap stocks experienced significant losses during the week of September 1-5, with Figma and Lululemon leading the decline due to weak financial results and reduced guidance.