Nubank Stock News

Nu is performing flawlessly, with high growth and continued opportunities. The digital bank is already highly profitable, and net income is soaring.

The company is now an "AI-first" company after recently acquiring Silicon Valley-based Hyperplane. The company's recently reported second-quarter 2024 earnings show the thesis for investing in Nu Holdings is still on track. The valuation of the stock is still reasonable.

Nu Holdings reported strong Q2 earnings with accelerated growth momentum in KPIs, beating earnings and revenue expectations. The company is outperforming competitors in Mexico and Colombia, expanding its customer base and market share in these countries despite strong neobank competition with more aggressive offerings. Despite political risks, Nu's strong fundamentals and upcoming tailwinds fro...

Nu Holdings is one of the largest digital banks in the world today.

Nu Holdings Ltd. (NYSE:NU ) Q2 2024 Earnings Conference Call August 13, 2024 6:00 PM ET Corporate Participants Jorg Friedemann - IR Officer David Velez - Founder, Chairman, and Chief Executive Officer Guilherme Lago - Chief Financial Officer Youssef Lahrech - President and Chief Operating Officer Conference Call Participants Jorge Kuri - Morgan Stanley Pedro Leduc - Itaú Mario Pierry - Bank of ...

Nu Holdings (NU) stock price is firing on all cylinders as the company's growth momentum in the Latin American region accelerates. It has jumped by almost 50% this year, beating most fintech companies like PayPal, Block, and Shift4 Payments.

Nu is finding tremendous success serving the banking needs of the Latin American market. While revenue growth is notable, Nu's net income is soaring.

The third quarter of 2024 has been eventful, to say the least. Following a start to August punctuated by severe global sell-offs, markets have been left reeling.