NU Stock Slips Premarket: BofA Sees Trouble Ahead As Key Executive Hands Over The Reins
BofA Securities downgraded Nu Holdings to ‘Underperform’ from ‘Neutral’ and cut its price target to $10 from $16.
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Nu Holdings Gets Conditional Approval To Launch Bank In US, Targets 2027 To Go Live
The company said that it received preliminary approval from the U.S. Office of the Comptroller of the Currency to operate as a national bank in the U.S. and will be called Nubank, NA.
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International ETFs like VEA, EZU & EEM outshone U.S. peers in 2025 as cheaper valuations, diversified exposure, and stimulus measures drove substantial gains.
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Brazil’s Lula Says Trade Deal With US Coming Sooner Than ‘Anyone Thinks’ After Trump Meet
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US-Brazil Trade Rift Widens As Lula Signals Willingness To Strike Back With Reciprocal Tariffs: Report
The move will be in accordance with a law passed in Brazil’s Congress earlier this year, which allows the government to respond to trade measures such as tariffs.
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US Soybean Exports Hit As Trump’s Tariffs Drive Chinese Oilseed Importers to Brazil, Other South American Countries
The report said that typically, China procures U.S. soybeans between September and January, and then pivots to purchases from Brazil once harvest begins in South America.
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Brazil’s Lula Speaks With China’s Xi As Trade Disputes With Trump Stay On The Boil
The call comes days after the U.S. slapped a 50% tariff rate on Brazilian goods, citing trade barriers and the judicial treatment of former President Jair Bolsonaro.
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Brazil’s Lula Intensifies Attacks On Trump Amid Tariff Dispute, ‘Won’t Take Orders’
Lula also defended Brazil’s rights to regulate and tax U.S. tech firms.
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Brazilians Rally Behind Lula Against Trump’s 50% Tariffs, Most Clamor For Retaliatory Levies: Survey
In response to Trump tariffs, the Brazilian President has flagged reciprocal levies if the U.S. tariffs go into effect by the Aug. 1 deadline set by the U.S. President.