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Adidas Shares Crash After World Cup Spending Fuels Earnings Miss
Adidas Shares Crash After World Cup Spending Fuels Earnings Miss
Adidas shares crashed the most on record in Europe after outsized World Cup marketing spending weighed on second-quarter operating profit, overshadowing stronger-than-expected tournament-related sales.
Profit totaled 574 million euros for the quarter ending in June, missing the 616 million euro estimate of analysts tracked by Bloomberg, as an additional 212 million euros in spending offset strong sales growth and disappointed investors seeking better margin expansion.
The German sportswear maker generated 1.5 billion euros in sales, with jersey sales quadrupling and ball sales...
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Sep 11, 2026 / Tyler Durden
Anthropic Says Russian, Chinese Threat Actors Used Its AI Model Claude For Malicious Activity
Anthropic Says Russian, Chinese Threat Actors Used Its AI Model Claude For Malicious Activity
Authored by Aldgra Fredly via The Epoch Times,
Anthropic said on Sept. 10 that it had disrupted malicious campaigns involving the use of its artificial intelligence model Claude, including operations allegedly linked to threat actors in China and Russia.
The company said the threat actors include suspected state-sponsored groups, financially motivated criminals, commercial spyware vendors, state propaganda institutions, and politically motivated individuals.
According to its report, most of the cyber operations detected between December 2025 and August 2026 were...
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Aug 31, 2026 / Tyler Durden
Lake America Name Begins Appearing On Google Maps In US
Lake America Name Begins Appearing On Google Maps In US
Authored by Tom Gantert via The Epoch Times,
Google Maps has updated its site to include Lake America in place of Lake Ontario, following the direction of President Donald Trump's executive order renaming the Great Lake.
"It's official! LAKE AMERICA on Google Maps," Steven Cheung, assistant to the president and White House director of communications, posted on X on Aug. 30.
It’s official! LAKE AMERICA on Google Maps. pic.twitter.com/CotsXetERJ
— Steven Cheung (@StevenCheung47) August 30, 2026
Google released a statement on the changing of the...
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Apr 8, 2026 / Tyler Durden
US, Iran Agree To Meet For Talks In Pakistan Friday As Both Declare 'Victory'; Saudi East-West Pipeline Hit By Drone
US, Iran Agree To Meet For Talks In Pakistan Friday As Both Declare 'Victory'; Saudi East-West Pipeline Hit By Drone
Summary:
The Hegseth/Caine presser as expected declared 'victory' in Iran while Gen. Caine emphasized the ceasefire is a "pause" but US forces remain "ready to resume combat." Hegseth says "military will be hanging around in Iran, won't go anywhere, and will make sure Iran complies. Pentagon is trying to put a bow on Operation Epic Fury.
US, Iran agree to meet for first direct talks in Islamabad Friday, Pakistan PM Sharif announces.
Iran meanwhile...
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