The Zhitong Finance App learned that on Friday, Nu Holdings (NU.US) surged more than 11%, the biggest one-day increase in a year, and is now reported at $15.49. Nu Holdings' stock price soared, mainly driven by extremely impressive results for the second quarter of FY2026 released after the previous trading day. The Latin American digital banking giant reports that its net profit in a single quarter surpassed $1 billion for the first time, up 49% year over year, easily surpassing the market's unanimous expectations. Revenue growth was also strong. Total revenue beat Wall Street expectations, and earnings per share were better than expected. This excellent financial performance is a sharp reversal of the credit cost haze of previous quarters, providing direct fundamental support for a major revaluation of stock prices.

The Zhitong Finance App learned that on Friday, Nu Holdings (NU.US) surged more than 11%, the biggest one-day increase in a year, and is now reported at $15.49. Nu Holdings' stock price soared, mainly driven by extremely impressive results for the second quarter of FY2026 released after the previous trading day. The Latin American digital banking giant reports that its net profit in a single quarter surpassed $1 billion for the first time, up 49% year over year, easily surpassing the market's unanimous expectations. Revenue growth was also strong. Total revenue beat Wall Street expectations, and earnings per share were better than expected. This excellent financial performance is a sharp reversal of the credit cost haze of previous quarters, providing direct fundamental support for a major revaluation of stock prices.