Brazilian Stocks Rally 14%, Eye Best Day Since 2020 After Bolsonaro's First-Round Victory
Brazil stocks: the iShares MSCI Brazil ETF jumps 13% after Flávio Bolsonaro beats Lula in the first round, setting up an Oct. 25 runoff.
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Truist Securities analyst Matthew Coad maintains DLocal (NASDAQ:DLO) with a Buy and raises the price target from $15 to $17.
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Brazil stocks: the iShares MSCI Brazil ETF jumps 13% after Flávio Bolsonaro beats Lula in the first round, setting up an Oct. 25 runoff.
Truist Securities analyst Matthew Coad maintains DLocal (NASDAQ:DLO) with a Buy and raises the price target from $17 to $18.
The article discusses Nebius's recent earnings report and its strong performance in the AI infrastructure sector. Nebius showed a 454% revenue growth quarter, causing the stock to surge despite being down 8.28% on the trading day. The piece also covers earnings from DLocal and Nu Holdings, with commentary on AI data center demand trends and infrastructure stocks.
DLocal (NASDAQ:DLO) held its second-quarter earnings conference call on Thursday. Below is the complete transcript from the call. Benzinga APIs provide real-time access to earnings call transcripts and financial data.