Stablecoin issuer Tether projected annual profits approaching $15 billion, surpassing most major U.S. financial institutions. CEO Paolo Ardoino said strong reserve yields and growing transaction volumes fueled record returns. The comments, made during a Bloomberg interview, led to renewed market speculation over a potential $20 billion IPO plan. Analysts noted the profitability underscores Tether’s scale and efficiency in the digital asset sector. A listing, if pursued, could reshape investor perceptions of transparency and corporate governance in stablecoins.

Shares of Fluence Energy jumped sharply after the company reported strong quarterly earnings and showcased expanding use of artificial intelligence in its grid management software. The energy-storage firm benefited from rising institutional exposure to clean-tech equities. Analysts said enthusiasm around AI-integrated power systems boosted valuations across renewable energy players. Fluence reaffirmed annual guidance, citing high-margin contracts and robust demand across U.S. and European projects. The surge highlights investors’ growing confidence in AI-enabled sustainability solutions within energy infrastructure.