latest news in companies

Nu Holdings Surpasses $1 Billion Quarterly Profit as Latin American Digital Banking Expands

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

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.

Apple Partners With Alibaba to Build Custom Artificial Intelligence for Chinese Market

Apple Partners With Alibaba to Build Custom Artificial Intelligence for Chinese Market

Beijing, Friday, 14 August 2026.
Apple has trained its own artificial intelligence model alongside Alibaba to power Chinese iPhones, positioning the tech giant to become the first foreign firm with approved proprietary AI in China.

Global Digital Creators Can Now Instantly Form American Businesses Directly Inside Whop

Global Digital Creators Can Now Instantly Form American Businesses Directly Inside Whop

New York, Friday, 14 August 2026.
On August 14, 2026, doola integrated its business formation API into Whop, allowing global digital creators to establish official U.S. companies instantly without leaving the platform.

Norsk Hydro Restores Output at World's Largest Alumina Refinery

Norsk Hydro Restores Output at World's Largest Alumina Refinery

Barcarena, Friday, 14 August 2026.
Norsk Hydro is restoring full capacity at Brazil’s Alunorte refinery after securing gas access, easing market strain despite an estimated $100 million Q3 financial hit.

Investors Sue Selena Gomez and Co-Founders Over Mental Health Startup Fraud

Investors Sue Selena Gomez and Co-Founders Over Mental Health Startup Fraud

New York, Friday, 14 August 2026.
Investors filed a federal fraud lawsuit against Selena Gomez and her Wondermind co-founders, alleging $1.2 million was raised using fictitious corporate partnerships and a product app that was never built.

Birkenstock Raises Growth Forecasts as Footwear Demand Surges

Birkenstock Raises Growth Forecasts as Footwear Demand Surges

New York, Friday, 14 August 2026.
Birkenstock raised its full-year financial outlook after third-quarter revenue grew 15% to €720 million, defying broader consumer slowdowns and sending its stock up nearly 17%.

Shohei Ohtani Unlikely to Opt Out If Los Angeles Dodgers Owner Sells Team

Shohei Ohtani Unlikely to Opt Out If Los Angeles Dodgers Owner Sells Team

Los Angeles, Friday, 14 August 2026.
Despite potential ownership changes and federal inquiries involving owner Mark Walter, Shohei Ohtani plans to stay with the Dodgers, stabilizing the team’s multi-billion-dollar franchise outlook.

CoTec Advances Critical Mineral Strategy Amid Second-Quarter Expansion

CoTec Advances Critical Mineral Strategy Amid Second-Quarter Expansion

Vancouver, Friday, 14 August 2026.
CoTec Holdings reported a $7.6 million second-quarter loss while raising $19.1 million through warrants to fund its Texas magnet recycling plant and sustainable mineral projects.

Tech Earnings Surge as Chip Tool Maker Beats Expectations

Tech Earnings Surge as Chip Tool Maker Beats Expectations

New York, Friday, 14 August 2026.
Applied Materials reported record revenue of $9.12 billion, powered by artificial intelligence chip demand, though shares dipped slightly despite widespread third-quarter financial beats.