19 hours ago
It's Choque-Rei weekend in the Brasileirão! This Saturday (12), at 6:30 p.m., at Nubank Parque, Tricolor will face Palmeiras in a derby valid for the 27th round of the Brazilian Championship.
Amid the clashes with Boca Juniors (ARG) in the CONMEBOL Sudamericana quarterfinals, São Paulo will take the field tonight with the mission of confirming its recovery in the national competition: it won its last two matches against Red Bull Bragantino (2-1) and Atlético-MG (2-0).
The São Paulo side sits in 10th place in the Brasileirão, with 33 points from 25 matches.
After the derby, Tricolor will resume the showdown with Boca Juniors next Tuesday (15), at 9:30 p.m., at MorumBIS.
After the 1-0 setback in the first leg in Buenos Aires, São Paulo need to beat the Argentinians by two goals to secure qualification for the semifinal. If they win by one goal, the qualifier will be decided on penalties.
#tricolor #juniors #derby #choque
Amid the clashes with Boca Juniors (ARG) in the CONMEBOL Sudamericana quarterfinals, São Paulo will take the field tonight with the mission of confirming its recovery in the national competition: it won its last two matches against Red Bull Bragantino (2-1) and Atlético-MG (2-0).
The São Paulo side sits in 10th place in the Brasileirão, with 33 points from 25 matches.
After the derby, Tricolor will resume the showdown with Boca Juniors next Tuesday (15), at 9:30 p.m., at MorumBIS.
After the 1-0 setback in the first leg in Buenos Aires, São Paulo need to beat the Argentinians by two goals to secure qualification for the semifinal. If they win by one goal, the qualifier will be decided on penalties.
#tricolor #juniors #derby #choque
9 days ago
Santos FC fought hard and applied plenty of pressure early in the derby, but could not overturn Palmeiras' large advantage. After a 0-0 draw this Wednesday (2) at Vila Belmiro, they are out of the 2026 Copa do Brasil. Peixe did try to break through and created chances, but their rivals knew how to protect the result after winning the first leg of the quarterfinals 3-0 on the 26th at Nubank Parque in São Paulo, thus securing a place in the semifinals.
Out of the national knockout tournament, coach Cuca's squad now shifts focus to the 2026 Brazilian Championship. Riding high after beating Corinthians 1-0 last Sunday (30) at Neo Química Arena, Alvinegro Praiano now aims to climb even higher in the table and move away from the danger zone.
This Sunday (6), Santos FC visits Internacional at Beira-Rio Stadium at 4 p.m. for the 26th round of the Brasileirão. If they can win in Porto Alegre, Peixe could open up as much as a seven-point gap from the relegation zone and start dreaming of bigger things in the national competition.
Santos FC now turns its full focus to the Brasileirão (Photo: Raul Baretta/ Santos FC)
The match – Driven by the "fire corridor" on arrival and by a roaring Vila Belmiro, Santos came out on top of Palmeiras. Just 4 minutes in, Igor Vinicius reached the edge of the box and struck with his left foot, forcing a save from Carlos Miguel.
#zone
Out of the national knockout tournament, coach Cuca's squad now shifts focus to the 2026 Brazilian Championship. Riding high after beating Corinthians 1-0 last Sunday (30) at Neo Química Arena, Alvinegro Praiano now aims to climb even higher in the table and move away from the danger zone.
This Sunday (6), Santos FC visits Internacional at Beira-Rio Stadium at 4 p.m. for the 26th round of the Brasileirão. If they can win in Porto Alegre, Peixe could open up as much as a seven-point gap from the relegation zone and start dreaming of bigger things in the national competition.
Santos FC now turns its full focus to the Brasileirão (Photo: Raul Baretta/ Santos FC)
The match – Driven by the "fire corridor" on arrival and by a roaring Vila Belmiro, Santos came out on top of Palmeiras. Just 4 minutes in, Igor Vinicius reached the edge of the box and struck with his left foot, forcing a save from Carlos Miguel.
#zone
9 days ago
Rafael Ribeiro / CBFCredits: Palmeiras and Vasco go after the ***** le
It's time to find out who will be the 2026 Brazilian U-20 champion. Palmeiras and Vasco face off this Friday (4), at 7 p.m. (Brasília time), at Nubank Parque, in São Paulo (SP), for the second and decisive leg of the final. After a 1-0 win in the first match at São Januário (look back here), in Rio de Janeiro (RJ), Verdão takes the field with the advantage in the ***** le race.
Palmeiras' winning goal in the first game was scored by Erick Belé late in the first half. As a result, a draw is enough to secure the trophy for Verdão. If Vasco manage to win by a one-goal margin and level the aggregate score, the champion will be decided on penalties.
The advantage, however, does not mean peace of mind. Vasco showed in the first match that they can trouble their opponent and will now have 90 minutes to try to change the course of the final. The Rio side have reached the final for the first time in the history of the Brazilian U-20 Championship and need to win away from home to take the trophy back to São Januário.
The first match was at São Januário Credits: Rafael Ribeiro / CBF
#ribeiro
It's time to find out who will be the 2026 Brazilian U-20 champion. Palmeiras and Vasco face off this Friday (4), at 7 p.m. (Brasília time), at Nubank Parque, in São Paulo (SP), for the second and decisive leg of the final. After a 1-0 win in the first match at São Januário (look back here), in Rio de Janeiro (RJ), Verdão takes the field with the advantage in the ***** le race.
Palmeiras' winning goal in the first game was scored by Erick Belé late in the first half. As a result, a draw is enough to secure the trophy for Verdão. If Vasco manage to win by a one-goal margin and level the aggregate score, the champion will be decided on penalties.
The advantage, however, does not mean peace of mind. Vasco showed in the first match that they can trouble their opponent and will now have 90 minutes to try to change the course of the final. The Rio side have reached the final for the first time in the history of the Brazilian U-20 Championship and need to win away from home to take the trophy back to São Januário.
The first match was at São Januário Credits: Rafael Ribeiro / CBF
#ribeiro
10 days ago
Santos and Palmeiras have announced their lineups for this Wednesday's (2) decisive derby in the Copa do Brasil quarter-finals.
The teams meet again at Vila Belmiro one week after the first leg at Nubank Parque, which ended in a 3-0 win for Verdão.
Therefore, Peixe need to win by four goals to advance in regular time.
If the home side wins by a three-goal margin, the place will be decided on penalties.
See below the starting lineups for the match:
#lineups #brasil #nubank #parque
The teams meet again at Vila Belmiro one week after the first leg at Nubank Parque, which ended in a 3-0 win for Verdão.
Therefore, Peixe need to win by four goals to advance in regular time.
If the home side wins by a three-goal margin, the place will be decided on penalties.
See below the starting lineups for the match:
#lineups #brasil #nubank #parque
16 days ago
On August 13, Nu Holdings Ltd. (NYSE:NU) reported second-quarter results built around a number the digital bank had never posted before: $1.1 billion in net income, up 49% year over year and 17% from the first quarter. The company also crossed 139 million customers across Brazil, Mexico and Colombia, and a newly approved banking license turned what had been a credit-first fintech in Mexico into a full-scale bank. Behind that headline figure sits a business leaning harder on artificial intelligence and new customer tiers to keep growth compounding, even as expenses and past-due loans both crept higher in the same period.
Profitability improved across nearly every measure management pointed to. Net interest margin expanded 180 basis points to 22.9%, and risk-adjusted net interest margin jumped to 12.4% from 9.5% the prior quarter, driven mostly by credit income and a lower cost of credit. Return on equity held at 33% even as the company kept investing in three markets at once. Nubank is also trying to capture more of each customer's wallet rather than just adding new ones.
In July, it launched Croma, a subscription tier aimed at a "Super Core" segment between its mass-market base and its Ultravioleta high-income brand, where purchase volumes grew 41% year over year. It already counts 6.8 million small-business customers, more than any other financial institution in Brazil. Mexico may be the bigger story long term. At a similar stage of adult-population penetration, Nubank's Mexican customers are generating $12.3 in average revenue per active customer versus $5.6 in Brazil at that same point, and the company reached breakeven there in six years versus eight in Brazil.
Underneath all of it sits NuFormer, the company's proprietary AI model, which management said now handles more than 60% of Brazilian customer-support conversations at ratings on par with humans, after a redesign that quadrupled training and inference speed.
Not every metric moved in the right direction. Loans more than 90 days past due rose 35 basis points to 6.9%, which the company attributed to the normal seasonal migration of earlier delinquencies rather than a shift in underlying credit quality. Operating expenses jumped 20% sequentially to $806 million as real estate and marketing costs shifted between quarters and international expansion spending picked up, pushing the efficiency ratio to 19.5% after an unusually low 17.6% in the first quarter that management had already flagged as not sustainable.
#quarter #company #first
Profitability improved across nearly every measure management pointed to. Net interest margin expanded 180 basis points to 22.9%, and risk-adjusted net interest margin jumped to 12.4% from 9.5% the prior quarter, driven mostly by credit income and a lower cost of credit. Return on equity held at 33% even as the company kept investing in three markets at once. Nubank is also trying to capture more of each customer's wallet rather than just adding new ones.
In July, it launched Croma, a subscription tier aimed at a "Super Core" segment between its mass-market base and its Ultravioleta high-income brand, where purchase volumes grew 41% year over year. It already counts 6.8 million small-business customers, more than any other financial institution in Brazil. Mexico may be the bigger story long term. At a similar stage of adult-population penetration, Nubank's Mexican customers are generating $12.3 in average revenue per active customer versus $5.6 in Brazil at that same point, and the company reached breakeven there in six years versus eight in Brazil.
Underneath all of it sits NuFormer, the company's proprietary AI model, which management said now handles more than 60% of Brazilian customer-support conversations at ratings on par with humans, after a redesign that quadrupled training and inference speed.
Not every metric moved in the right direction. Loans more than 90 days past due rose 35 basis points to 6.9%, which the company attributed to the normal seasonal migration of earlier delinquencies rather than a shift in underlying credit quality. Operating expenses jumped 20% sequentially to $806 million as real estate and marketing costs shifted between quarters and international expansion spending picked up, pushing the efficiency ratio to 19.5% after an unusually low 17.6% in the first quarter that management had already flagged as not sustainable.
#quarter #company #first
17 days ago
Playing away from home at Nubank Parque in São Paulo (SP), Santos FC ended up being beaten 3-0 by Palmeiras on Wednesday night (26), in the first leg of the 2026 Copa do Brasil quarterfinals. The return derby will take place next Wednesday (02), at 9:30 p.m., at Vila Belmiro.
Before facing the green-and-white side again, however, coach Cuca's men now switch their focus to another derby, this time in the 2026 Brazilian Championship. Next Sunday (30), Peixe visits Corinthians at 4 p.m. at Neo Química Arena, in the 25th round.
(Photo: Raul Baretta/ Santos FC)
The match – Playing away from home, Santos FC started by containing their rivals and looking dangerous on the counterattack, but with few chances for either side. In the 26th minute, Igor Vinícius exchanged passes with Gustavo Henrique and broke into the box alone. With no angle, however, the full-back shot wide.
Palmeiras, in turn, responded in the 33rd minute, when Flaco López tried his luck from very long range and opened the scoring for the home side at Nubank Parque. The Alvinegro Praiano felt the impact of the goal conceded and saw the green-and-white side grow into the derby.
#home #playing
Before facing the green-and-white side again, however, coach Cuca's men now switch their focus to another derby, this time in the 2026 Brazilian Championship. Next Sunday (30), Peixe visits Corinthians at 4 p.m. at Neo Química Arena, in the 25th round.
(Photo: Raul Baretta/ Santos FC)
The match – Playing away from home, Santos FC started by containing their rivals and looking dangerous on the counterattack, but with few chances for either side. In the 26th minute, Igor Vinícius exchanged passes with Gustavo Henrique and broke into the box alone. With no angle, however, the full-back shot wide.
Palmeiras, in turn, responded in the 33rd minute, when Flaco López tried his luck from very long range and opened the scoring for the home side at Nubank Parque. The Alvinegro Praiano felt the impact of the goal conceded and saw the green-and-white side grow into the derby.
#home #playing
29 days ago
By Andre Romani
SAO PAULO, Aug 13 (Reuters) - Brazilian digital lender Nubank's quarterly net profit surpassed $1 billion for the first time, beating ****** ysts' estimates and causing shares to surge after the bell on Thursday.
Nu Holdings posted net profit of $1.06 billion for the April-June quarter, a 49% rise year-on-year on a foreign-exchange-neutral basis and above the $967.2 million Visible Alpha estimate.
Shares in the lender, which serves nearly 139 million clients across Brazil, Mexico and Colombia and is preparing to start operating in the U.S., jumped some 9.5% in extended trading to about $15.25 each.
The profit increase was driven by higher revenue and an improvement in risk-adjusted net interest margin, Chief Financial Officer Rob Livingston, who ****** umed the role last month, told Reuters.
#year #million
SAO PAULO, Aug 13 (Reuters) - Brazilian digital lender Nubank's quarterly net profit surpassed $1 billion for the first time, beating ****** ysts' estimates and causing shares to surge after the bell on Thursday.
Nu Holdings posted net profit of $1.06 billion for the April-June quarter, a 49% rise year-on-year on a foreign-exchange-neutral basis and above the $967.2 million Visible Alpha estimate.
Shares in the lender, which serves nearly 139 million clients across Brazil, Mexico and Colombia and is preparing to start operating in the U.S., jumped some 9.5% in extended trading to about $15.25 each.
The profit increase was driven by higher revenue and an improvement in risk-adjusted net interest margin, Chief Financial Officer Rob Livingston, who ****** umed the role last month, told Reuters.
#year #million
29 days ago
Earnings season can be humbling, so I hope you allow me the opportunity to boast when given the chance. The last time I wrote about Nu Holdings (NYSE: NU) -- on June 3 -- the Latin American fintech was sliding. The parent company of Brazil's fast-growing NuBank was reeling from ******* yst downgrades and mounting headwinds.
I argued that it wasn't too soon to call a bottom on the stock, the same day it hit a 52-week low of $11.20. For now, I was right. Following weeks of upticks and a jump after posting blowout results after Thursday's market close, Nu has jumped almost 40% from its June low.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
I guess it's time for another bold prediction: Nu's bounce is just getting started.
Nu Holdings has come a long way in a short time. The digital banking platform that launched in Brazil just a dozen years ago, in the form of a no-fee credit card for mass-market users, now reaches more than 62% of the country's adult population.
#same
I argued that it wasn't too soon to call a bottom on the stock, the same day it hit a 52-week low of $11.20. For now, I was right. Following weeks of upticks and a jump after posting blowout results after Thursday's market close, Nu has jumped almost 40% from its June low.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
I guess it's time for another bold prediction: Nu's bounce is just getting started.
Nu Holdings has come a long way in a short time. The digital banking platform that launched in Brazil just a dozen years ago, in the form of a no-fee credit card for mass-market users, now reaches more than 62% of the country's adult population.
#same
1 month ago
Sands Capital, an investment management company, released its "Sands Capital Technology Innovators Fund" Q2 2026 investor letter. A copy of the letter can be downloaded here. In the quarter, global equities rebounded sharply, with the MSCI ACWI posting its strongest quarterly gain since 2020, supported by broad market strength, easing geopolitical tensions, and continued enthusiasm for AI infrastructure. Information technology led the advance, with semiconductor and hardware companies accounting for most of the index's rise. The fund returned 26.9% (net) in the second quarter of 2026. The portfolio benefited from strong gains across memory, software infrastructure, cybersecurity, and other AI-related holdings, although its concentrated exposure to mega-cap chip designers and manufacturers weighed on relative performance as leadership broadened into CPUs, networking, and memory. Vertical software, internet, and financial holdings were modest detractors amid macro concerns and uncertainty over AI disruption. The fund remains focused on critical AI bottlenecks, including compute, memory, manufacturing, networking, and power, while retaining selected businesses that may use AI to strengthen their competitive positions. You can check the fund's top five holdings to learn more about its leading investment ideas for the year.
In its second-quarter 2026 investor letter, Sands Capital Technology Innovators Fund highlighted Nu Holdings Ltd. (NYSE:NU). Nu Holdings Ltd. (NYSE:NU) is a leading digital banking platform, which detracted from the fund's performance this quarter. On August 7, 2026, Nu Holdings Ltd. (NYSE:NU) closed at $13.84 per share, reflecting a market capitalization of $66.85 billion. Nu Holdings Ltd. (NYSE:NU) posted a one-month return of 1.24%, while its shares gained 16.11% over the past 52 weeks.
Sands Capital Technology Innovators Fund stated the following regarding Nu Holdings Ltd. (NYSE:NU) in its Q2 2026 investor letter:
"Nu Holdings Ltd. (NYSE:NU) operates Nubank, a digital financial services platform serving more than 100 million customers in Latin America. First-quarter 2026 revenue growth was in line with expectations, but higher-than-expected provisions weighed on gross profit and raised investor concerns about household debt and credit quality. We are less concerned, as Brazil's low unemployment and real wage growth are more relevant, in our view, to future credit losses than household debt service ratios. We also believe Brazilian Central Bank data may overstate loan delinquencies because of an accounting change that affects how long banks can keep nonperforming loans on their books before recognizing a write-off. Importantly, after a detailed inspection of the bank's balance sheet and interaction with the management, we feel comfortable about Nu's prospects of generating healthy risk-adjusted net interest income in the coming quarters. ****** et quality concerns may take time to resolve, but Nu continues to execute against
In its second-quarter 2026 investor letter, Sands Capital Technology Innovators Fund highlighted Nu Holdings Ltd. (NYSE:NU). Nu Holdings Ltd. (NYSE:NU) is a leading digital banking platform, which detracted from the fund's performance this quarter. On August 7, 2026, Nu Holdings Ltd. (NYSE:NU) closed at $13.84 per share, reflecting a market capitalization of $66.85 billion. Nu Holdings Ltd. (NYSE:NU) posted a one-month return of 1.24%, while its shares gained 16.11% over the past 52 weeks.
Sands Capital Technology Innovators Fund stated the following regarding Nu Holdings Ltd. (NYSE:NU) in its Q2 2026 investor letter:
"Nu Holdings Ltd. (NYSE:NU) operates Nubank, a digital financial services platform serving more than 100 million customers in Latin America. First-quarter 2026 revenue growth was in line with expectations, but higher-than-expected provisions weighed on gross profit and raised investor concerns about household debt and credit quality. We are less concerned, as Brazil's low unemployment and real wage growth are more relevant, in our view, to future credit losses than household debt service ratios. We also believe Brazilian Central Bank data may overstate loan delinquencies because of an accounting change that affects how long banks can keep nonperforming loans on their books before recognizing a write-off. Importantly, after a detailed inspection of the bank's balance sheet and interaction with the management, we feel comfortable about Nu's prospects of generating healthy risk-adjusted net interest income in the coming quarters. ****** et quality concerns may take time to resolve, but Nu continues to execute against
1 month ago
Palmeiras and Internacional face off this Sunday (9), at 4 p.m. (Brasília time), at Nubank Parque, in a match valid for the 22nd round of the 2026 Brasileirão.
The game is the famous "clash of opposites." At least when looking at their current positions in the table.
Verdão leads the championship with 47 points and is chasing a second straight win to stay comfortably at the top and, who knows, take advantage of another Flamengo slip-up to pull further ahead.
Colorado, meanwhile, has not won in five rounds in the Brasileirão and, because of that, sits at the top of the relegation zone (17th place) with 22 points.
Compared to the last match (a 2-1 loss to Corinthians, but qualification for the Copa do Brasil quarterfinals), coach Paulo Pezzolano opted for just one change for Inter: Félix Torres comes in for Mercado.
#match #internacional
The game is the famous "clash of opposites." At least when looking at their current positions in the table.
Verdão leads the championship with 47 points and is chasing a second straight win to stay comfortably at the top and, who knows, take advantage of another Flamengo slip-up to pull further ahead.
Colorado, meanwhile, has not won in five rounds in the Brasileirão and, because of that, sits at the top of the relegation zone (17th place) with 22 points.
Compared to the last match (a 2-1 loss to Corinthians, but qualification for the Copa do Brasil quarterfinals), coach Paulo Pezzolano opted for just one change for Inter: Félix Torres comes in for Mercado.
#match #internacional
2 months ago
Two routs marked the 8th round of the Brasileirão U-17, which began this Tuesday (14). Red Bull Bragantino defeated Juventude 6-0, while Botafogo beat Fortaleza 6-3. In addition to these teams, 14 more sides took the field. The round comes to an end on Wednesday (15), with the clash between Vasco da Gama and Corinthians.
The matches started early in the morning, with Flamengo’s 2-1 victory over Palmeiras, a result that dropped Verdão to 2nd place. In the afternoon, Fluminense defeated Grêmio 3-0 and took over the top spot in the table with 19 points.
Tuesday (14)
Palmeiras 1 x 2 Flamengo - Nubank Parque, São Paulo (SP)
Atlético-MG 2 x 3 Athletico-PR - Sesc Venda Nova, Belo Horizonte (MG)
The matches started early in the morning, with Flamengo’s 2-1 victory over Palmeiras, a result that dropped Verdão to 2nd place. In the afternoon, Fluminense defeated Grêmio 3-0 and took over the top spot in the table with 19 points.
Tuesday (14)
Palmeiras 1 x 2 Flamengo - Nubank Parque, São Paulo (SP)
Atlético-MG 2 x 3 Athletico-PR - Sesc Venda Nova, Belo Horizonte (MG)
2 months ago
The eighth round of the Brasileirão U-17 begins this Tuesday (14) with nine matchups. The opening clash will be between Palmeiras and Flamengo at 11 a.m. at Nubank Parque in São Paulo. All the other matches that day will kick off at 3 p.m. The round comes to an end on Wednesday (15) with the match between Vasco da Gama and Corinthians.
The competition is marked by a great deal of balance in the standings. The 20 participating teams are trying to stay in the G-8, the qualification zone for the second phase. At the moment, Palmeiras, Fluminense, Fortaleza, Corinthians, Cruzeiro, América-MG, Athletico-PR, and Bahia occupy the top eight spots.
Red Bull Bragantino, Santos, Grêmio, Vasco da Gama, Juventude, São Paulo, Internacional, and Botafogo remain in the race to enter the qualification zone and could move up depending on the results of the eighth round.
Atlético-MG and Flamengo are on the outside looking in, but still have a chance to recover in the tournament. The situation is a bit more complicated for Vitória, in 19th place with 3 points, and Atlético-GO, in 20th place with no points, but the teams remain firmly in contention considering there are still 12 rounds left before the end of the first phase.
Tuesday (14)
The competition is marked by a great deal of balance in the standings. The 20 participating teams are trying to stay in the G-8, the qualification zone for the second phase. At the moment, Palmeiras, Fluminense, Fortaleza, Corinthians, Cruzeiro, América-MG, Athletico-PR, and Bahia occupy the top eight spots.
Red Bull Bragantino, Santos, Grêmio, Vasco da Gama, Juventude, São Paulo, Internacional, and Botafogo remain in the race to enter the qualification zone and could move up depending on the results of the eighth round.
Atlético-MG and Flamengo are on the outside looking in, but still have a chance to recover in the tournament. The situation is a bit more complicated for Vitória, in 19th place with 3 points, and Atlético-GO, in 20th place with no points, but the teams remain firmly in contention considering there are still 12 rounds left before the end of the first phase.
Tuesday (14)
