The stock market can feel like easy money when every investment rises. However, the stock market is volatile and periodically goes through sharp corrections.
Mitsubishi is a stock Buffett plans to own "indefinitely" and is his biggest winner year to date. Nu Holdings continues to grow by leaps and bounds in Latin America.
Nu Holdings Ltd. is a digital banking platform with a $50 billion market cap, based in São Paulo, Brazil. In Brazil, Nu Holdings serves >87 million customers, representing over 1/2 the country's adult population. The company now seems to be trying to expand the same way to Mexico.
SÃO PAULO--(BUSINESS WIRE)--Nubank's credit strategy is characterized by technological agility, large-scale data analysis, customized risk management, innovation, and high levels of satisfaction. This unique combination allows the company to offer competitive rates to its more than 90 million customers and maintain a strong performance in credit, with NPL rates better than the industry average,...
The fintech sector has rewarded many long-term investors. The industry is worth approximately $226.76 billion and is expected to achieve a compounded annual growth rate (CAGR) of 16.8% from now until 2032.
Increasing demand for AI accelerators and the VMware acquisition are driving Broadcom's growth. Nu has built a solid customer base for its digital banking products in the Latin American market.
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