latest news in companies
Why Broadcom's High Stock Valuation May Not Be What It Seems
San Jose, Friday, 14 August 2026.
Broadcom trades at 71 times trailing earnings, but historical trends show acquisition accounting temporarily distorts profits. Rapid earnings growth, driven by AI demand, previously closed similar valuation gaps.
Coal Miner SouthGobi Resources Returns to Profitability Driven by Chinese Demand
Hong Kong, Friday, 14 August 2026.
SouthGobi Resources reported a $14.1 million operating profit for Q2 2026, reversing a $14.3 million loss from last year. Despite a $375 million working capital deficit, stronger coal sales to China propelled revenue up 36% to $211.7 million.
Gold Producer Mako Mining Achieves Record Revenue and Strong Second-Quarter Profits
Vancouver, Friday, 14 August 2026.
Mako Mining posted record second-quarter revenues of $62.6 million, selling gold at $4,201 per ounce. With $112 million in cash, the producer can fully fund future developments independently.
Sony Adds Major Hit Games to PlayStation Plus to Boost Subscription Revenue
Tokyo, Friday, 14 August 2026.
In August 2026, Sony expanded its PlayStation Plus catalog with blockbuster titles like Helldivers 2, strategically boosting player engagement and recurring subscription revenue amid fierce market competition.
Nu Holdings Surpasses $1 Billion Quarterly Profit as Latin American Digital Banking Expands
Sao Paulo, Friday, 14 August 2026.
Nu Holdings achieved a milestone quarterly net income of $1.06 billion in Q2 2026, driven by expanding operations in Mexico and Brazil while serving nearly 139 million global customers.
Infrastructure Giant Ferrovial Leaves Amsterdam Exchange for US and Spanish Markets
Amsterdam, Friday, 14 August 2026.
Ferrovial will delist from Euronext Amsterdam on September 11, 2026. The exchange accounts for just 0.15% of daily trading, with liquidity heavily shifting toward Nasdaq and Spanish markets.