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NU Jan 2025 5.000 call

OPR - OPR Delayed Price. Currency in USD
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  • Yahoo Finance Video

    Record market highs, Cisco earnings: Market Domination Overtime

    On today's episode of Market Domination Overtime, Yahoo Finance Hosts Julie Hyman and Josh Lipton reflect on the trading day and break down what to watch on Thursday, May. 16. The S&P 500 (^GSPC) closed above 5,300 for the first time ever following the release of April's Consumer Price Index inflation print. The Dow Jones Industrial Average (^DJI) and the Nasdaq Composite (^IXIC) both also closed higher. Investors are bullish after BMO Capital Markets raised its year-end target for the S&P 500 to 5600, the current highest target on Wall Street. Yahoo Finance Reporter Josh Schafer joins Market Domination Overtime to analyze whether the market can continue its momentum. CEO of Brazil-based Nubank (NU) David Vélez joins the show to break down the company's earnings which topped the Street's expectations. Nu Holdings is looking to expand its business beyond Brazil, seeing Mexico as a "phenomenal opportunity" due to its large market size. Cisco (CSCO) posted its third quarter earnings after the market close. The company reported adjusted earnings of $0.88 per share, which beat the estimated $0.82, and revenue of $12.70 billion, which was slightly better than estimates. The tech giant also raised its full-year guidance. Morningstar Equity Analyst William Kerwin says the demand slumps for Cisco up until now were a symptom of the "COVID hangover," and it may take another quarter for demand to stabilize fully. Finally, Julie Hyman and Josh Lipton break down what to watch on Thursday, from new housing data to Walmart (WMT) earnings to remarks from Federal Reserve officials. This post was written by Melanie Riehl

  • Yahoo Finance Video

    Nubank CEO talks expansion plans amid Q1 beat

    Shares of Nu Holdings (NU) are trading higher on Wednesday as the company beat analysts' expectations for revenue and earnings in the first quarter. David Vélez, the CEO of Brazil-based Nubank, joins Market Domination Overtime to discuss the company's results. As Nu Holdings expands its business beyond Brazil, Vélez sees Mexico as a "phenomenal opportunity," highlighting the country's large market size. He notes that entering a market where many individuals lack access to banking services allows them to compete "pretty significantly." Vélez reveals that the company plans to achieve profitability in Mexico by offering higher yields and aiming "to have the very best deposit and savings account in the market." Additionally, he emphasizes the company's strategy of introducing new functionalities while decreasing yields and maintaining "the value proposition" for customers. Addressing the recent flooding tragedy in Brazil, Vélez states, "We've been very forthcoming in trying to make it easy for our customers there." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Angel Smith

  • Thomson Reuters StreetEvents

    Q1 2024 Nu Holdings Ltd Earnings Call (English, Portuguese)

    Q1 2024 Nu Holdings Ltd Earnings Call (English, Portuguese)