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NU News and Press, Nu Holdings Ltd. Class A From 05/16/24

Stock Information

Company Name: Nu Holdings Ltd. Class A
Stock Symbol: NU
Market: NYSE
Website: nubank.com.br

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NU - Saudi sovereign fund and SoftBank driving Nu Holdings to new heights

2024-05-16 08:57:46 ET In a noteworthy display of confidence in Nu Holdings Ltd (NYSE:NU), both SoftBank Group and the Saudi Arabia sovereign wealth fund made strategic moves in the first quarter of 2024. While SoftBank Group increased its equity stake in Nu Holdings from 22.0 million s...

NU - Tracking Warren Buffett's Berkshire Hathaway Portfolio - Q1 2024 Update

2024-05-15 23:14:14 ET Summary Berkshire Hathaway's 13F stock portfolio value decreased from ~$352B to ~$332B in Q1 2024. The top five positions in the portfolio are Apple Inc., Bank of America, American Express, Coca-Cola, and Chevron. Berkshire Hathaway repurchased ~6.35M Cl...

NU - SoftBank boosts Nu, Airspan stakes, trims Full Truck, Ionq holdings in Q1

2024-05-15 16:00:35 ET More on Nu Holdings, IonQ, etc. Nu Holdings: Q1 Earnings Reiterate The Growth Momentum IonQ, Inc. (IONQ) Q1 2024 Earnings Call Transcript Saudi Arabia sovereign fund Q1 moves include exiting JPMorgan, Home Depot, taking in Nu Nu Holding...

NU - Saudi Arabia sovereign fund exits JPMorgan, Home Depot, takes in Nu among Q1 moves

2024-05-15 14:47:25 ET Saudi Arabia's sovereign wealth fund disposed off its stakes in several companies including BlackRock ( NYSE: BLK ), JPMorgan ( NYSE: JPM ) and Home Depot ( NYSE: HD ), took a new position in Nu Holdings ( NYSE: NU ), and more than doub...

NU - Nu Holdings expects cost structure advantage to help it compete in the U.S.

2024-05-15 11:42:54 ET Nu Holdings Ltd (NYSE: NU) saw its revenue climb a whopping 64% in Q1. Still, David Velez – its chief executive is convinced the company has massive room for growth moving forward. Nu Holdings CEO on Q1 earnings The online bank added 5.5 million cus...

NU - NU: Q1 Earnings Reiterate The Growth Momentum

2024-05-15 09:31:42 ET Summary With revenue, ROE, and NIM continuing to expand at elevated levels, the growth story remains intact. With this earnings release the stock's PE should decrease by approximately $7.81 based on the new diluted EPS and post-market trading price, improvin...

NU - Baron FinTech Fund Q1 2024 Shareholder Letter

2024-05-15 05:25:00 ET Summary Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. Baron FinTech Fund outperformed the FactSet Global FinTech Index in Q1 2024, rising 6....

NU - Nu Holdings Ltd. (NU) Q1 2024 Earnings Call Transcript

2024-05-15 00:01:10 ET Nu Holdings Ltd. (NU) Q1 2024 Earnings Conference Call May 14, 2024, 06:00 PM ET Company Participants Jorg Friedemann - IR Officer David Velez - Founder, Chairman, and CEO Guilherme Lago - CFO Youssef Lahrech - President and COO C...

NU - Nu Holdings reports first-quarter revenue above estimates

2024-05-14 17:50:47 ET More on Nu Holdings Nu Holdings: Strong Growth Fully Priced Nu Holdings: High-Quality Undervalued Growth Stock To Buy Today A Financial Powerhouse In Latin America: Mini Deep Dive On Nu Holdings Nu Holdings reports Q1 results Nu...

NU - Nu Holdings reports Q1 results

2024-05-14 16:18:36 ET More on Nu Holdings Nu Holdings: Strong Growth Fully Priced Nu Holdings: High-Quality Undervalued Growth Stock To Buy Today A Financial Powerhouse In Latin America: Mini Deep Dive On Nu Holdings Nu Holdings Q1 2024 Earnings Preview ...

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