New York, Feb 8, 2026, 07:34 EST — The market is shut for the day.
Nu Holdings Ltd (NU) finished Friday’s session at $17.40, rising roughly 3.5%. The Brazil-based digital bank locked in gains with a late-week bounce, setting the stage before trading resumes Monday. 1
This is hitting Nu at a tricky moment. On one hand, U.S. equity leadership is shifting. On the other, regulators may soon let the company broaden its U.S. operations—assuming it gets past some fresh obstacles.
Interest rates are right at the center of the action. Fintech stocks can whipsaw as traders reassess where U.S. rates are headed, and next week’s packed schedule of economic data could stir things up. “Rotation is the dominant theme this year,” Angelo Kourkafas, senior global investment strategist at Edward Jones, said in a separate note. 2
Friday saw gains across the board. The Dow finished above 50,000 for the first time on record, lifted as investors rotated out of big tech stocks after a volatile week, Reuters noted. 3
Nu has its own momentum right now. On Jan. 29, the company announced it had secured conditional approval from the Office of the Comptroller of the Currency, the U.S. banking regulator, for a new national bank charter—opening the door to offering products under American regulations. CEO David Vélez called a “digital-first, customer-centric model” the way forward for global finance. Co-founder Cristina Junqueira described this as “a significant step in our journey.” The company still faces further hurdles: it needs green lights from both the Federal Deposit Insurance Corporation and the Federal Reserve, plus it must capitalize the new bank within a year and get it up and running in 18 months. 4
Investors now turn to whether upcoming results will justify the stock’s recent climb. Eyes are on Brazil and Mexico growth, credit costs, and just how much management reveals on U.S. expansion timing and spending.
The U.S. plan’s far from wrapped up. It’s an ongoing process, with conditional approvals dragging on—and if delays pile up, or the rules tighten, sentiment could flip fast. That risk’s sharper if markets shift defensive again.
Nu faces macro headwinds on its home turf too. Softer consumer sentiment in Brazil, currency volatility, or an unexpected spike in loan defaults—all of these could squeeze profits and bring the stock’s valuation back into question.
Nu’s next big check-in comes Feb. 25, when the company is set to report fourth-quarter results and hold its conference call, according to its investor calendar. 5
