Lula Ignores Aides and Sparks Market Rout That Threatens Economy [Yahoo! Finance]
XP Inc. - Class A (XP)
Company Research
Source: Yahoo! Finance
again: Any moves to water down the fiscal-austerity plan in the works will spark a selloff — another selloff — across Brazilian financial markets. Most Read from Bloomberg Riyadh Metro Partially Opens in Bid to Ease City's Traffic Jams In Traffic-Weary Toronto, a Battle Breaks Out Over Bike Lanes And yet, Lula decided he did not care. He ordered his staff to weave a series of tax-relief measures for the poor into the package unveiled late last week, thereby dulling the much-needed savings the plan would generate. Markets, as advertised, plunged immediately, wiping 2.4% off a stock market that had already been falling for months and sending the currency to a record low against the dollar. Nearly two years into his return to power, Lula suddenly finds himself at a critical moment. At 79, he is not, as last week's events revealed, the pragmatic political operator, willing to make crucial sacrifices to keep investors on his side, that he was two decades ago. The question is whet
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XP
News
- Lula's Weakened Spending Cut Plan Wins Final Congress Approval [Yahoo! Finance]Yahoo! Finance
- A 1130% Share Price Rally Draws Questions From Brazil's Stock Exchange Operator [Yahoo! Finance]Yahoo! Finance
- XP Inc. (XP): Among the Oversold Global Stocks to Buy Right Now [Yahoo! Finance]Yahoo! Finance
- XP Inc. Q3: Modest And Without Triggers For Abrupt Improvement [Seeking Alpha]Seeking Alpha
- XP Inc. Reports Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
XP
Earnings
- 11/19/24 - Beat
XP
Sec Filings
- 11/19/24 - Form 6-K
- 11/19/24 - Form 6-K
- 11/19/24 - Form 6-K
- XP's page on the SEC website