Ah, what a delightful turn of events! Nubank, that paragon of modern finance, has finally outdone Petrobras, the venerable titan of Brazil’s industrial might. A market capitalization of $76.97 billion-truly, a number that would make even the most stoic investor weep with joy. 🤯
Now, one might ask, who could have foreseen this? Not I, dear reader, for I was too busy admiring the elegance of my own reflections. Yet here we are, with Nubank surpassing Itaú, Vale, and BTG Pactual, all while maintaining the poise of a well-dressed dandy at a society gala. 🎩
@nubank surpasses Petrobras to become 🇧🇷 Brazil’s most valuable company 🤯
Who saw this coming?
Nubank has reached a market capitalization of US$ 𝟳𝟲.𝟵𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 as of Tuesday (28), overtaking Petrobras (US$ 74.50 billion) and becoming the most valuable company in…
– Marcel van Oost (@oost_marcel) October 29, 2025
On the world stage, Nubank now holds the 40th position, outshining BNY Mellon and Barclays with the grace of a seasoned performer. 🎭
The stock, traded on the NYSE under ‘NU,’ has soared 53.7% this year, closing at $15.93-just shy of its all-time high of $16.30. J.P. Morgan, ever the optimist, speculates that Nubank might one day reach $140 billion, if only it could resist the temptation to invest in more… questionable ventures. 💸
Nubank’s foray into digital assets is nothing short of a spectacle. Appointing Michael Rihani, former Coinbase product director, as Head of Crypto is akin to hiring a maestro to conduct a symphony of blockchain. With Bitcoin bill payments and a platform serving 6.5 million users, Nubank is not merely keeping up; it is leading the charge, albeit with a certain flair for the dramatic. 🧠
As Nubank continues to grow, its foray into crypto signals a future where digital assets reign supreme. Yet, the question remains: will it navigate the regulatory labyrinth with the same elegance it exhibits in financial innovation? Only time, that most fickle of companions, shall tell. ⏳
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2025-10-29 19:00