Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Nu Holdings Ltd. (NU) , which belongs to the Zacks Technology Services industry.When looking at the last two reports, this company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 33.33%, on average, in the last two quarters.For the last reported quarter, Nu Holdings Ltd. Came out with earnings of $0.07 per sh ...

A lot of stocks doubled last year. Some of them were so low a year ago that they are still fetching single-digit stock prices. Nu (NU -1.78%) and Opendoor Technologies (OPEN -6.98%) are two of those low-priced winners of 2023.Most of last year's big gainers aren't likely to repeat the feat in 2024, but I think that Nu and Opendoor have the potential to double again this year. Let's take a closer look.1. NuIt's OK if you're not familiar with Nubank or its parent company, Nu Holdings. Unless you happen to be ...

Nu Holdings Ltd. (NU) closed the latest trading day at $8.93, indicating a +0.45% change from the previous session's end. The stock's performance was ahead of the S&P 500's daily loss of 0.15%. Elsewhere, the Dow saw a downswing of 0.42%, while the tech-heavy Nasdaq appreciated by 0.09%.Prior to today's trading, shares of the company had gained 8.68% over the past month. This has outpaced the Business Services sector's gain of 2.58% and the S&P 500's gain of 3.5% in that time.Market participants will be clo ...

The stock market made a significant comeback in 2023, gaining 24%. But with the positive market sentiment, many stocks gained much more than that. Nu Holdings (NU 4.00%), which is part of the Berkshire Hathaway equity portfolio, gained 105% last year. Can it do a repeat in 2024?Why Nu outperformed last yearNu has many features that appeal to both clients and investors. It's an all-digital bank that provides a suite of low-fee financial services to its customers in Brazil, Mexico, and Colombia. The concept i ...

Bank stocks aren't usually on lists of coveted growth stocks, but legendary investor Warren Buffett has been a big fan of them. He's usually known for picking boring bank stocks because they're flush with cash and are eminently relevant to a growing economy. Plus, they usually pay dividends and are focused on creating shareholder value.But Buffett's holding company, Berkshire Hathaway, also owns some more interesting bank stocks. It was an investor in hot fintech company Nu Holdings (NU -0.49%) even before ...

| --- | |---------------------------------------| | | | Company Participants | | Jorg Friedemann - IRO | | David Velez - Founder, CEO & Chairman | | Youssef Lahrech - President, COO | | Guilherme Lago - CFO | | Jagpreet Duggal - CPO | | Conference Call Participants | | Jorge Kuri - Morgan Stanley | | Tito Labarta - Goldman Sachs | | Mario Pierry - Bank of America | | Geoff Elliott - Autonomous | | Thiago Batista - UBS | | Eduardo Rosman - BTG | | Neha Agarwala - HSBC | | Yuri Fernandes - JPMorgan | | Craig ...

SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 For the month of November, 2023 Commission File Number 001-41129 Nu Holdings Ltd. (Exact name of registrant as specified in its charter) Nu Holdings Ltd. (Translation of Registrant's name into English) Campbells Corporate Services Limited, Floor 4, Willow House, Cricket Square, KY1-9010 Grand Cayman, Cayman Islands +1 345 949 2648 (Addre ...

Regarding Cuenta Nu, we officially launched it in May and within a month crossed 1 million customer milestone in this product in Mexico. By the end of June, we reached 1.3 million accounts and collected more than 1.5 billion Mexican pesos in deposits. Just for the sake of comparison, the average deposit per customer in Mexico is more than 10x the average of Brazilian customersÂ' deposits when our or checking account was launched in the country in 2017. Accelerating customer growth. Cuenta Nu has the potenti ...

David Velez - Founder and Chairman and Chief Executive Officer Conference Call Participants Pedro Leduc - Itau Rafael Frade - Citi Domingos Falavina - JPMorgan Good afternoon, ladies and gentlemen. Welcome to Nu Holdings Conference Call to discuss the results for the First Quarter of 2023. A slide presentation is accompanying today's webcast, which is available in NuÂ's Investors Relations website www.investors.nu in English and www.investidores.nu in Portuguese. This conference is being recorded and the re ...

Credit Yield (%) Note 1: Amounts are presented in BRL. Note 2: Credit Yield is the average rate of the loans originated in the last month of each quarter. Source: Nu. First Quarter 2023 Results 17 Solid Funding Cost and Deposits Volumes Follow Seasonal Pattern Deposits (US$Bn) 12.6 13.3 14.0 15.8 15.8 Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 Cost of Funding as a % of CDI YoY: 34% FXN 98% 98% 95% 78% 81% Note 1: Amounts are presented in US dollars. Note 2: Rates presented are the average cost of funding as percentage o ...