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Losers tool, we have compiled a list of Thursday’s biggest pre-market stock movers, which is as follows: Five Biggest Movers Wolfspeed, Inc. (NYSE: WOLF) topped the list by gaining 21.5% early Thursday. The upside might have been triggered by the company’s encouraging fourth-quarter Fiscal 2022 earnings results. Revenues rose 56.7% year-over-year to $228.5 million in the quarter, outpacing analysts' expectations of $208 million. The company’s adjusted net loss of two cents per share was narrower than analysts’ loss estimates of 10 cents per share. Wolfspeed had posted a loss of 23 cents per share in the same quarter last year.
Thank you for participating on another earnings call of XP Inc. now for the second quarter of 2022. There, you can find the SEC filings of XP Inc. and the definitions of forward-looking statements and how forward-looking statements of this call can differ from actual results. Now I will move to Bruno to kick off our earnings call.
XP Inc.A (XP) delivered earnings and revenue surprises of -2.63% and 12.72%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
SÃO PAULO, August 09, 2022--XP Inc. (NASDAQ: XP) ("XP" or the "Company"), a leading tech-enabled platform and a trusted pioneer in providing low-fee financial products and services in Brazil, reported today its financial results for the second quarter of 2022.
(Bloomberg) -- Brazil consumer prices tumbled by the most on record in July after President Jair Bolsonaro slashed utility taxes to tame the soaring cost of living and lift his re-election chances.Most Read from BloombergMusk Sells Another $6.9 Billion of Tesla Ahead of Twitter TrialUS Inflation Runs Cooler Than Forecast, Easing Pressure on FedDozens in China Infected With New ‘Langya’ Virus Carried by ShrewsRussia Is Scouring the Globe for Weapons to Use Against UkraineUK Plans for Blackouts in
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergThis Is How China Could Hit Back Over Pelosi’s Taiwan VisitSneakerhead Accused of Running Huge Air Jordan Ponzi SchemeChina Warns Airlines to Avoid ‘Danger Zones’ Around TaiwanBrazil’s central bank is expected to raise its key interest rate by half a percentage point and signal whether it’s closing one of the world’s most aggressive monetary tightening campaigns
Brazilian brokerage XP Inc expects to open its digital assets trading platform to clients by mid-August, initially offering bitcoin and ether but with plans to expand it by the end of this year, the company's director of financial products said. Lucas Rabechini told Reuters in an interview that clients with an "adequate investment profile for such operations" will be allowed into the Xtage platform, now just open to employees, starting next month. XP currently has 3.6 million customers, but said crypto trading will comply with eligibility rules such as the amount of risk each client is willing to take.
(Bloomberg) -- Brazil President Jair Bolsonaro’s political allies and marketing advisers are struggling to convince him to run a more conventional re-election campaign, as he seeks to emulate his success with social media in the 2018 vote.Most Read from BloombergThese Are the World’s Most (and Least) Powerful Passports in 2022Kissinger Warns Biden Against Endless Confrontation With ChinaS&P 500 Struts Stuff With Best Day in Three Weeks: Markets WrapCalls for more attention to TV advertising as w
SÃO PAULO, July 15, 2022--XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today its 2Q22 KPIs. The Portuguese version of this release can be accessed in the Press Release section on the IR website.
(Bloomberg) -- In Latin America’s most significant election this year, Brazil President Jair Bolsonaro is facing stiff competition from Luiz Inacio Lula da Silva, a leftist former president. However, an even bigger challenge may come from a Supreme Court judge.Most Read from BloombergTrump’s Final Scene Didn’t Go According to ScriptDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinVenice Plans to Start Weeding Out Cheap TouristsFauci Suffers Covid Symptom Rebound After Course of Pfizer’s