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MELI News27 articles
Nu Holdings Faces Credit Quality Test Ahead of Q2 Earnings
Nu Holdings (NYSE:NU) prepares to report Q2 earnings with investors eyeing credit quality after loan-loss provisions jumped 33% in Q1, while shares trade near year lows.
MercadoLibre Stock Slips as Q2 Margin Squeeze Overshadows Record Revenue
MercadoLibre's stock slipped 3.1% over the past week despite record Q2 revenue, as investors focused on a 550-basis-point operating margin decline. Growth in high-value users offers a silver lining.
Nu Holdings Set for Q2 Earnings Test After Lagging Nasdaq
Nu Holdings (NYSE:NU) closed down 3.4% last week, lagging the Nasdaq's 5.2% gain. Q2 earnings due Thursday will test credit quality and growth outlook.
MercadoLibre Stock Slips 5% on Q2 Margin Squeeze Despite Record Revenue
MercadoLibre (MELI) shares dropped 5.2% premarket after Q2 revenue hit a record $10.2B, but operating income fell 17% and incremental margin was negative, spooking investors.
MercadoLibre Stock Drops 6.8% as Profit Squeeze Overrides 50% Revenue Surge
MercadoLibre shares slid 6.8% after Q2 margins compressed, offsetting a 50% revenue surge. Operating margin fell to 6.7% from 12.2% a year ago.
Coupang Stock Slips 4.4% as Customer Rebound Outpaces Margin Recovery
Coupang (CPNG) dropped 4.4% as customer growth outpaced margin recovery. Q2 revenue missed estimates, and a $410M fine weighed on results.
Kaspi.kz Shares Climb 3.5% as Insider Sales Stay Minimal
Kaspi.kz shares gained 3.5% last week as insider selling was limited. Investors now look to August 10 results for margin improvement.
MercadoLibre Stock Climbs Ahead of Q2 Report Despite Profit Forecast Slash
MercadoLibre (MELI) shares rose 4.2% ahead of Q2 earnings, even as analysts slashed EPS forecasts by 22.4%. Revenue growth is strong, but margin pressure and valuation remain key concerns.
Markets Wrap: Intel Slips, Coca-Cola Surges, and Kospi's Record Rout
Intel slips despite strong sales, Coca-Cola jumps on volume gains, and South Korea's Kospi suffers its worst month since 2008.
Nu Holdings Faces Credit Quality Test as Stock Lags Brazilian Rivals
Nu Holdings (NU) shares trailed Brazilian fintech peers last week. Q1 credit surged 40% but risk-adjusted margins fell, raising concerns ahead of Q2 earnings on Aug. 13.
Nu Holdings Secures Mexican Banking License, Deposit Insurance to Surge 16-Fold
Nu Holdings' Mexican unit received final approval for a full banking license, increasing deposit insurance 16-fold, but the stock saw limited gains as investors await tangible improvements in funding costs and credit growth.
Nu Holdings Gains Mexican Banking License, Heavy Volume Fails to Move Stock
Nu Holdings gained Mexican banking approval, yet heavy trading volume barely moved the stock. The focus shifts to execution and the new CFO.
MELI Surges 3.7% as Emerging Market Rally Lifts E-Commerce Stocks
MercadoLibre shares surged 3.7% on Friday, lifting its market cap by $3.4B to $95B, as emerging-market consumer stocks rallied. A Citi analyst set a $1,950 target, but rising credit provisions and margin compression pose risks.
Nu Holdings Stock Dips as Proxy Reveals Minimal Buyback Impact
Nu Holdings shares slipped 1.1% after a proxy filing revealed its $1 billion buyback would reduce share count by only about 1.5%, while Class B shares control 84% of voting power.
Nu Holdings stock gains on heavy volume, nearing buyback limit
Nu Holdings shares rose 1.16% on heavy volume, with dollar turnover hitting 64% of its $1 billion buyback authorization, outperforming the Brazil ETF.
MercadoLibre Gains 5.6% as Morgan Stanley Reaffirms Buy, But Profit Pressures Loom
MercadoLibre shares climbed 5.6% after Morgan Stanley maintained a Buy rating and $2,450 price target, with investors balancing 49% revenue growth against a 15.6% drop in net profit.
Nu Holdings Faces Headwinds as Buyback, Credit Risks Collide
Nu Holdings shares closed at $12.71, down 1.4% on Thursday but up 4.3% from last Friday, as investors balance a $1B buyback against rising credit risks and analyst downgrades.
MELI Edges Higher as Investors Eye Growth Spending Amid Ownership Shift
MercadoLibre shares rose 2.9% last week, but remain down 18.82% YTD. An internal estate-planning trust transfer left ownership unchanged, while investors weigh heavy growth spending in Brazil and Mexico.
Nu Holdings Rises Premarket on Brazil Rate Cut, Buyback in Focus
Nu Holdings shares gained 1.3% premarket to $12.89 after Brazil's central bank cut the Selic rate to 14.25%, reviving investor interest as they weigh a $1B buyback and credit challenges.
Nu Holdings Faces Key Test After Friday Dip, Credit Quality in Focus
Nu Holdings closed Friday at $12.73, down 3.3% but up 4.4% for the week. A holiday-shortened week tests the stock amid rising credit-loss allowances and a lower risk-adjusted margin.
Global Markets Rally on AI Hype Despite Fragile Economy, Warn Experts
Global markets reach new peaks on AI optimism, but economist Paul Sheard cautions that high valuations and concentration risk a severe correction.
Nu Holdings Appoints Ex-Amazon Exec to Board Amid U.S. Banking Push
Nu Holdings Ltd has named former Amazon and Apple executive Diego Piacentini to its board of directors. The move comes as the Brazilian fintech giant advances its U.S. expansion plans following conditional regulatory approval earlier this year.
MercadoLibre Gains Despite JPMorgan Target Cut Amid Brazil Margin Concerns
MercadoLibre stock advanced 0.9% to $1,773.22 Monday, even as JPMorgan reduced its price target to $2,650, highlighting competitive margin pressures in Brazil. Investors are monitoring inflation and upcoming corporate events.
MercadoLibre Gains Despite JPMorgan Target Cut Amid Brazil Margin Concerns
MercadoLibre stock edged higher Monday, shrugging off a price target reduction by JPMorgan, which maintained an Overweight rating but flagged competitive margin pressures in Brazil.
MercadoLibre's Q4 Margins Narrow as Spending Rises; Shares Under Pressure
MercadoLibre shares slipped following a Q4 profit shortfall, as increased investment in logistics and credit expansion pressured margins despite strong revenue growth.
MercadoLibre Shares Dip on Strong Jobs Data, Earnings in Focus
MercadoLibre stock declined slightly as robust U.S. employment figures tempered expectations for near-term Fed rate cuts. Investors now await key inflation data and the company's upcoming quarterly results.
MercadoLibre Shares Rebound Above $2,000 Ahead of Q4 Earnings
MercadoLibre stock gained 1.8% to close at $2,004.94, reclaiming the $2,000 level as investors position for the company's upcoming quarterly results scheduled for February 24.