24H | Circle Falls 6%; CoreWeave Stock Sinks over 10%; Luminar Technologies Plunges 17%; CAVA Tumbles 22%

Tiger Newspress2025-08-13

CoreWeave Inc. posted steeper losses as it continued to build to meet demand from artificial intelligence developers and forecast third-quarter operating income that trailed estimates. The company’s shares fell over 10% in overnight trading.

Shares of Circle Internet Group Inc. fell 5% in overnight trading as the second-largest stablecoin issuer and a group of shareholders including co-founder and Chief Executive Officer Jeremy Allaire announced an offering to sell 10 million shares combined.

Shares of Cava dropped 22% in overnight trading on Tuesday, after the Mediterranean restaurant chain lowered its annual same-store sales growth target for the first time since it listed on the New York Stock Exchange two years ago.

Luminar Technologies Inc., a leading global automotive technology company, has announced its financial results for the second quarter of 2025. The company reported a revenue of $15.6 million, marking a decrease of 5% compared to the same quarter in 2024 and a 17% decline from the first quarter of 2025. The gross loss for Q2 was $12.4 million on a GAAP basis and $10.8 million on a non-GAAP basis. Shares fell over 17% in overnight trading.

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The company’s shares fell over 10% in overnight trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/99537f04cfaad70e464b3f04a17cd233\" tg-width=\"753\" tg-height=\"621\"/></p><p>Shares of <a href=\"https://laohu8.com/S/CRCL\">Circle Internet Group Inc.</a> fell 5% in overnight trading as the second-largest stablecoin issuer and a group of shareholders including co-founder and Chief Executive Officer Jeremy Allaire announced an offering to sell 10 million shares combined.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/b93586cd8f82fe8b34eff10e188a27f1\" tg-width=\"753\" tg-height=\"624\"/></p><p>Shares of <a href=\"https://laohu8.com/S/CAVA\">Cava</a> dropped 22% in overnight trading on Tuesday, after the Mediterranean restaurant chain lowered its annual same-store sales growth target for the first time since it listed on the New York Stock Exchange two years ago.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e59c4f24f249c7a4999461987dd6b20a\" tg-width=\"753\" tg-height=\"615\"/></p><p><a href=\"https://laohu8.com/S/LAZR\">Luminar Technologies Inc.</a>, a leading global automotive technology company, has announced its financial results for the second quarter of 2025. 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