ISHRS L Amer 40

Goldman Sachs Analyst Maintains Buy Rating on NU Holdings

Vale Inconsistent with Federal Union Office on Compensation Legislation

Nubank's co-founder plans to expand the business into the US market

NUBANK plans to obtain a banking license in Brazil in 2026

Scotiabank and Goldman Sachs Maintain Buy Rating on Vale SA

CFRA Raises Petrobras Target Price to $14.50

Vale's Base Metals Unit Expected to Produce 8.8 Million Tons of Copper in 21 Years

Vale Base Metals Expected to Make Final Investment Decision in First Half of 2027

Vale Announces Nickel and Copper Production Forecasts for 2025 and 2026

Vale forecasts 2026 capital expenditure of $5.4 billion to $5.7 billion

Vale and Glencore Canada Reach Sudbury Basin Copper Mine Development Agreement

Vale expects 2026 iron ore output to be 335-345 million tons

Nu Holdings stock hits 52-week high; analysts upgrade ratings and target prices

Nu Colombia Doubles Customer Base to 4 Million

American Century Increases Stake in Itau Unibanco in Q2

Brazilian Oil Company Plans to Increase Oil Output and Redeem Part of Bonds

Traders Significantly Increase Purchase of Vale Call Options

Vale S.A. Controlled by Institutional Shareholders, Top 25 Shareholders' Holdings Revealed

PT Vale Indonesia Tbk Obtains Mining Concession Extension

Vale Issued a $750 Million 30-Year Hybrid Bond

SEVEN HILLS RLTY TR COM USD0.001 (S/R 04/12/2025)

SMX Security Matters

Polyrizon

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Rich Sparkle

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Goldman Sachs analyst Tito Labarta maintains a Buy rating on Nu Holdings with a $21 target, citing strategic moves like applying for a banking license in Brazil, which aligns with regulatory requirements without affecting capital. Nu Holdings' strong capital position and expansion into Mexico and the U.S. support this rating. Banco Santander also upgraded the stock to a Buy with a $22 target.

- Analyst Tito Labarta of Goldman Sachs has maintained a Buy rating on Nu Holdings, setting a price target of $21.00.  
- The rating is based on Nu Holdings' strategic moves, including its application for a banking license in Brazil, which aligns with regulatory requirements and showcases its financial health.  
- Additionally, the company’s strong capital position and proactive licensing efforts in other countries support Labarta's confidence in its future prospects.

Tip Ranks

NU Holdings

Banco Santander SA-Spon

Nu Holdings’ Strategic Banking License Moves and Strong Financial Health Justify Buy Rating

VALE

Vale decision by Office of Federal Union's AG inconsistent with legislation around compensation for mineral exploration & transfer pricing - SEC filing

marketscreener

Vale SA

Vale decision by Office of Federal Union's AG inconsistent with legislation around compensation for mineral exploration & transfer pricing - SEC filing

Vale S.A. has clarified that a recent trial court decision on Financial Compensation for Mineral Exploration (CFEM) and Transfer Pricing will be appealed. The company believes the ruling contradicts current legislation and disregards the export price set by the Federal Revenue Service.

Reuters

Vale Disputes Court Ruling on Mineral Compensation and Transfer Pricing

On December 3, Eastern Time, Vale SA options saw a total of 94159 contracts traded, with calls accounting for 72% and puts making up 27%.

LB Option

Trending | VALE Increases 3% on Wednesday, Some Call options Soar 442%

Vale SA published the transcript of its Vale Day 2025 event, highlighting operational achievements and strategic pillars. CEO Gustavo Pimenta emphasized safety improvements and sustainable growth in iron ore and copper. COO Carlos Medeiros reported a 25% reduction in high-potential injuries and increased near-miss reporting. The event showcased Vale's commitment to operational consistency and innovation.

Vale SA Publishes Transcript of Vale Day 2025 Event

Nubank co-founder Cristina Junqueira plans to expand the Brazilian neobank into the U.S. market, marking its third international expansion. The company has applied for a U.S. national bank charter to offer various financial services. Junqueira aims to leverage Nubank's existing infrastructure and customer base, focusing initially on regions familiar with the brand. The expansion includes establishing new offices in the U.S. to support a hybrid work model.

American Banker

Nubank co-founder Cristina Junqueira sets sights on U.S. market

Brazil court rules in favor of gov't against miner Vale in 730 million real case

Brazil court rules in favor of gov't against miner Vale in 730 million real case

GLEN

Vale Base Metals and Glencore Canada have signed an agreement to evaluate a potential copper development project in the Sudbury Basin. The project aims to produce 880 kt of copper over 21 years, with capital costs estimated at $1.6 to $2.0 billion. The partnership will explore synergies using Glencore's existing infrastructure. A final investment decision is expected in 2027, with detailed planning in 2026. The joint venture will also extract other minerals like nickel and cobalt, benefiting both companies and the Sudbury community.

prnewswire

Glencore plc

12:54 ET
			
			
			
				
					Vale Base Metals und Glencore Canada vereinbaren, die Erschließung von Sudbury-Kupferlagerstätten zu prüfen

VERX

The Dow Jones rose over 270 points despite tech sector volatility, while the S&P 500 and Nasdaq saw modest gains. Microsoft trimmed AI software sales quotas, impacting tech stocks. Vale SA options activity surged, with a price-target hike boosting its stock. Vertex Pharmaceuticals rose 4.5% after a Morgan Stanley upgrade. GitLab fell 14.3% due to disappointing earnings, with multiple brokerages lowering price targets.

Schaeffers

Vertex

Microsoft

Dow Up Over 270 Points Despite Big Tech Volatility

Vale's stock has risen by 40% due to successful production ramp-up at major sites like the S11D mine and improved operational reliability. The company reported its highest iron ore production since 2018, with a focus on cost discipline and high-grade ore. Vale is diversifying beyond iron ore into copper and nickel, targeting emerging markets like India and Southeast Asia. Despite global demand volatility, these strategic moves enhance investor confidence and position Vale for potential growth, though it remains vulnerable to commodity price fluctuations.

Forbes

VALE Stock Up 40% - What's Next?

ITUB

The Ibovespa rose about 0.5% to hover near 162,000 on Wednesday, hitting a fresh record amid gains for major commodity giants and key banks.Vale rose 0.7% and Petrobras gained 0.5%, with major banks also rising (Itaú +0.5%, Banco do Brasil +0.3%, Bradesco +0.4%).Meanwhile, Prio gained nearly 2% after reporting a 55% jump in November output, reflecting its larger stake in the Peregrino field.Also, Gerdau climbed around 1% after completing the early redemption of USD 500 million in 4.25% 2030 bonds.

Trading Economics

Itau Unibanco Banco Mult

Ibovespa Sets Fresh High as Vale and Banks Rise

Scotiabank analyst Alfonso Salazar and Goldman Sachs both maintain a Buy rating for Vale SA, setting a price target of $14.00. Salazar, a 3-star analyst with a 5.0% average return and 60.32% success rate, focuses on the Basic Materials sector. The report highlights investment insights and recommendations for Vale SA.

Vale SA (VALE): New Buy Recommendation for This Basic Materials Giant

CFRA has raised its price target for Petrobras (NYSE:PBR) from $13 to $14.50, maintaining a Hold rating. The firm also increased Petrobras' earnings per share projections to BRL9.33 for fiscal year 2025, highlighting the company's strong operational performance and significant upside potential in the energy sector.

Petroleo Brasileiro SA

CFRA Raises Petrobras (PBR) Price Target as it Shows Strong Operational Performance

Nu Colombia, a subsidiary of Nu Holdings Ltd., has doubled its customer base to 4 million in one year, marking a significant milestone. The company now offers various financial products and has achieved full national coverage in Colombia. It ranks among the top five financial institutions by deposits, with substantial growth in Cuenta Nu deposits and returns to customers. This expansion reflects a 10x growth rate over four years, reaching 10% of the adult population.

Nu Colombia Doubles Customer Base to 4 Million in One Year

Ibovespa fell over 0.5%, influenced by upcoming decisions from Brazil's Central Bank and the Fed. Major banks like Itaú and Bradesco dropped around 1%. Itaúsa declined despite approving significant payouts. WEG edged down after announcing a dividend and investment plan. Americanas rose over 1% with a new CFO appointment, while Oi surged over 11% after a favorable court decision.

Ibovespa Slips as Investors Await BCB and Fed Decisions