US Stock Market Move | Q2 performance exceeds expectations, Nu Holdings (NU.US) increases by over 11%.

On Friday, Nu Holdings (NU.US) rose more than 11%, closing at $13.39. In terms of news, the company's second-quarter revenue of $3.7 billion exceeded FactSet's estimate of $3.19 billion, with a year-on-year increase in net profit of 31% to $637 million. The customer base increased to 123 million, with a net increase of 4.1 million customers this quarter. The Mexican and Colombian markets contributed 8% to total revenue, with a total loan balance increasing by 40% year on year to $27.3 billion. The company upgraded its credit model in Brazil and increased credit card limits, while optimizing its balance sheet in Mexico and Colombia to improve the profitability of credit products.