U.S. Stock Movement | Q2 earnings exceed expectations, Nu Holdings (NU.US) soars over 11%
According to Zhitong Finance APP, on Friday, Nu Holdings (NU.US) surged over 11%, marking the largest single-day gain in a year, currently trading at $15.49. The significant jump in Nu Holdings' stock price was primarily driven by its exceptionally strong Q2 fiscal year 2026 results released after the market close on the previous trading day. The Latin American digital banking giant reported that its quarterly net profit exceeded $1 billion for the first time, a year-on-year increase of 49%, easily surpassing market consensus expectations. Revenue growth was equally robust, with total revenue beating Wall Street's expectations, and earnings per share also exceeding forecasts. This outstanding financial performance stands in stark contrast to the cloudy credit cost conditions of previous quarters, providing direct fundamental support for the substantial revaluation of its stock price.
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