TradFi News | AMD, Meta and Circle Give Up Early Pre-Market Gains, With Circle Down 3.18% After Q3 Results

Early gains faded for AMD, Meta Platforms and Circle in US pre-market trading on November 4, according to market data via BlockBeats. AMD and Circle both turned lower, and Meta held on to only part of its rise.AMD Erases an 8.1% GainAMD (AMD.O) shares fell 1.2% in pre-market trading, wiping out an earlier gain of as much as 8.1%.Meta Pares Gains After Record Euro Bond DemandMeta Platforms (META) was up 0.61% at $626, down from an earlier gain of as much as 2.53%. The company issued its first euro-denominated bonds, which drew a record €53 billion in orders.Circle Turns Lower After Q3 ResultsCircle (CRCL) was down 3.18% at $72.83, after rising as much as 3.72% earlier in the session. The move followed Circle’s third-quarter results.Total revenue and reserve income rose 17% year over year to $865 million. Net income from continuing operations rose 5% to $226 million, and adjusted EBITDA rose 85% to $317 million. Reserve income fell 8% to $658 million. Other revenue rose 627% to $207 million, of which $182 million came from the ARC token presale.Average USDC in circulation rose 8% to $73.3 billion. Circle reported onchain transaction volume of $13.9 trillion, up 49%. USDC’s market share was 27% at quarter-end. Wallets holding more than $10 of USDC rose 16% to 7.3 million. Circle also cut about 5% of its workforce.