US stocks surged | Q2 earnings beat expectations Nu Holdings (NU.US) rose more than 11%
According to Zhitong Financial APP, on Friday, Nu Holdings (NU.US) rose more than 11%, reaching $13.39. In terms of news, the company's second-quarter operating income of $3.7 billion exceeded FactSet's estimate of $31.9 billion, and net profit increased by 31% year-on-year 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% of total revenue, with 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 the balance sheet in Mexico and Colombia to improve the profitability of credit products.
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