Monday, 31 August 2026 · World
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EUROS The World Financial Report
Nº 51 Monday, 31 August 2026 · World Edition
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Companies

Earnings, results, corporate strategy and the balance sheets of the biggest listed companies in the world.

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Crypto exchange Kraken is launching a cashback debit card to vie for U.S. consumer wallets

The Krak Card offers up to 2% cash or bitcoin back and lets users spend from more than 600 currencies and crypto assets

AI chip startup Velaura raised $110 million and crossed a $1 billion valuation

The Santa Clara company's Titan Core chip platform promises a 2-4x improvement in performance per watt for AI workloads

JCPenney Aims To Heal Errant Shoppers With Retail Regrets Trade-In Program

,JCPenney's new campaign, "Retail Rejuvenation," encourages consumers to rediscover the thrill of the find without the chaotic hun…

With Export Controls, Nvidia, AMD, & Intel Lose Much More Than Sales

Lost sales are but splashy, attention-grabbing headlines that miss the much bigger story.

The Dodgers owner's insurer is slashing $6.5 billion in related-party loans after a federal probe

Delaware Life Insurance Co. agreed to shed up to $6.5 billion in affiliated assets as TWG Global faces Justice Department scrutiny

Yoto Is Making A Mark In The $1.43 Billion Global Kids Audio Player Market

Yoto, the audio platform for kids, is expanding its footprint at Target Corp., working to get into stores like Walmart and expandi…

Supreme Court rejected Verizon's bid to recoup a $47 million FCC privacy fine

The court denied Verizon's petition without explanation, ending the carrier's effort to recover a fine over the sale of customer l…

How Cellphones Solved A Problem The Power Grid Still Faces

The electricity grid is at a critical juncture, much like the telecom industry's past shift from landlines to wireless.

Trump's crypto regulators are moving to fill the void left by a stalled bill

The SEC is expected to advance a rule exempting certain token offerings from securities laws in coming weeks, while the CFTC plans…

Four Red Hot Battles In The Final Days Of Packers’ Training Camp

The Green Bay Packers have a handful of positional battles that remain unsettled as training camp begins winding down.

OpenAI is launching a dedicated ChatGPT version for teenagers with safety guardrails

The dedicated teen experience applies age-appropriate content restrictions by default and adds parental controls for linked accoun…

Bank of America says Wall Street is underestimating Micron's long-term earnings power

Analyst Vivek Arya expects Micron to generate $200–$250 in earnings per share by 2030, well above Wall Street consensus

The Coming Copper Crunch

AI, Green Tech, and most 21st century innovations increasingly demand huge supplies of copper. Despite climbing demand and profit,…

Madonna Hits No. 1 For The First Time On One Chart Decades Into Her Career

After Kylie Minogue joined a remix of Madonna's "Love Sensation," the two women take the duet to No. 1 on several charts, includin…

Novig surpassed $125 million in first-week trading, topping rivals Kalshi and Polymarket

The platform's opening-week volume surpassed that of Kalshi, Polymarket U.S., Underdog, and DraftKings' DKeX

Goldman Sachs is buying a commercial real estate firm for up to $410 million

The deal includes $260 million upfront and up to $150 million more tied to performance targets, with about 80% paid in stock

Baidu missed revenue expectations as its ad business sank faster than AI cloud could grow

China's Baidu reported second-quarter revenue of 31.3 billion yuan, below analyst expectations, as online marketing continued to s…

Doubles For Munro And Van Reek At The 2026 English Pickleball Open Powered By The APP In Birmingham

The world's largest indoor pickleball tournament was held in Birmingham, England last weekend, the 2026 English Open. Jack Munro a…

State Farm is sending $5 billion in dividend checks to auto insurance customers

The payments, the largest in the company's history, cover more than 49 million vehicles and range from 4% to 10% of 2025 premiums …

SoftBank put two-thirds of its U.S. stock portfolio into Intel, SEC filing shows

The Japanese investment group held 86.9 million Intel shares worth $12.1 billion as of June 30, dwarfing all other U.S. equity pos…

Dreyer's is recalling Outshine frozen fruit bars over possible glass contamination

The recall covers five flavors of 6-count, 2.5-ounce bars distributed to retailers nationwide, with no injuries reported

How The Studbudz Turned WNBA All-Star Into A $1M Brand Business

WNBA stars Courtney Williams and Natisha Hiedeman, the StudBudz, turned WNBA All-Star into $1M+ in brand deals, building a thrivin…

Iran Says Hormuz Will Stay Shut Until U.S. Lifts Sanctions And Blockade—As Deadline Passes For Peace Deal

The 60-day deadline for the U.S. and Iran to end the war, as per a Memorandum of Understanding signed by Trump in June, expired on…

L3Harris ousted its CEO after a conduct probe — and named an insider as his replacement

The defense contractor's board removed Christopher Kubasik and elevated Sam Mehta, who oversaw segments accounting for 80% of comp…

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