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Original headline: JD Bancshares , Inc . Reports Financial Results for Q3 2026
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- Nu Holdings Earned More Than $1 Billion in a Quarter for the First Time. Now It's Launching in the U.S.
Nu Holdings posted second-quarter net income of $1.1 billion, up 49% year over year on a currency-neutral basis, its first quarter above $1 billion, as revenue rose 39%. It serves over 140 million customers at about $1 per customer each month and earns $17.10 in monthly revenue per user. Consensus estimates project earnings per share of $1.43 in 2028, 147% above 2025, though as a lender Nu faces credit risk tied to macroeconomic conditions. Nu has conditional approval for a U.S. national bank charter expected in 2027 and, in the meantime, partners with Lead Bank, having launched a high-yield deposit account, a credit card and the Nu Global account on Sept. 10. The article says the U.S. launch will contribute little to results for 12 to 30 months, the time needed to build credit and risk models, in a highly competitive market.
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- Ukrainian media examines the race to destroy infrastructure
According to the Telegram channel “Resident,” citing sources at Bankova Street, Russian strikes on bridges mirror Ukrainian attacks on Russian airports, and Ukraine was the first to break an unwritten pact to spare strategic facilities. The article says this shifted in spring, after commander Robert Brovdi (Madyar) of Ukraine's unmanned systems forces proposed attacks on merchant ships in the Azov and Black Seas, followed by a systematic campaign against Russian refineries and oil depots. Russia responded by striking seaports and bridges over the Dnieper, leaving Ukraine at risk of losing crossings over the river and complicating military logistics. Russian military statements say their attacks inflict far greater damage on Ukraine than Ukraine's strikes do on Russia, and the channel sees Moscow's claim that its strikes on Kyiv and port infrastructure retaliate for Ukrainian attacks on civilian targets as indirect confirmation of this picture.
- National Assembly deputy: Land price adjustment coefficients should be reviewed annually
Deputy Lê Văn Thế (Ninh Bình) proposed reviewing the land price adjustment coefficient (K) at least once a year, instead of once every 3 years as in the government's draft amended Land Law. He argued that an annual review does not mean an adjustment, and that prices for newly formed roads and areas missing from land price tables need timely supplementation. Deputy Hoàng Quốc Khánh (Lai Châu) suggested letting the provincial People's Committee set and adjust the K coefficient within limits approved by the provincial People's Council, while Deputy Lê Hữu Trí (Khánh Hòa) called for uniform national principles for determining it. The draft has 3 chapters and 112 articles, 148 fewer than the current law, and the National Assembly plans to vote on November 21.
- CRWV, NBIS, IREN, APLD Stocks Drop After Microsoft Capex Falls Short On Delayed Third-Party Capacity
Neocloud stocks fell overnight after Microsoft reported fiscal Q1 CapEx of $45.2 billion, up about 30% year on year but below the $50.7 billion StreetAccount estimate and its own target of around $50 billion. Microsoft blamed delays in some third-party cloud capacity under contract, and CFO Amy Hood said CapEx would exceed $50 billion in Q2 and about $170 billion for the calendar year. Alphabet's Q3 CapEx of $51.36 billion also came in below the $55.09 billion expected, which investors read as a sign that capacity ramp-up at neocloud firms could slow. CoreWeave fell 5.8%, Nebius 6.3%, Iren 5.3% and Applied Digital 4.3%, while Iren had raised $363 million by refinancing recently purchased AI computing equipment through a six-lender syndicate. Bank of America also disclosed a 4.1% stake in Iren.
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Mitti Labs announced a five-year carbon credit offtake agreement under which Salesforce will purchase 500,000 satellite-verified methane reduction credits by 2030 to support climate-smart rice farming across tens of thousands of smallholder farms in India. The practice, alternate irrigation, lets fields dry out during safe windows and can cut methane emissions by up to 50% and water use by up to 40% without affecting yields. Mitti Labs' agreement with Google came just weeks earlier, and the company plans to issue 2 million credits per year by 2028 from projects in India and Southeast Asia. Each credit is backed by field-level evidence, and the GeoAI platform, developed with NASA support, uses satellite radar and ground data to track flooding, soil moisture and crop health on individual plots.
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