Weekly Update August 12-16

NU earnings, TSLA safety, AXON partnership

Let’s get right into it!

Nu

Nu reported earnings after the bell on Tuesday. Here are the numbers:

YoY Revenue

85%

61%

64%

66%

69%

52%

QoQ Revenue

12%

15%

14%

13%

14%

4%

Net New Customers

4.5

4.6

5.4

4.8

4.6

5.4

5.2

EBIT Margins

15%

17%

19%

23%

21%

25%

Ad. Net Income Margins

11%

14%

17%

16%

16%

20%

One thing you may notice here is the slowdown in growth. The main reason for this was a big wea…