Itau Unibanco Pref ADR (ITUB) news

AxisCades' Xida to acquire Silicon Valley-based Itsj business - A ready-made US base inside the AI hardware supply chain

Brazil stocks rose in premarket trading after the unexpected first-round election victory of Flávio Bolsonaro, with TIMB gaining 2.9%, UGP rising 2.1% and VIV up 2.1%.

Brazilian stocks surged in premarket trading following the unexpected first-round election results, which showed Flávio Bolsonaro securing a narrow lead over incumbent President Luiz Inácio Lula da Silva. The São Paulo Bovespa index (^BSPA) rose more than 8% on Monday, with major financial…

Brazil benchmark stock index Bovespa extends gains, jumps 9% as Bolsonaro beats expectations in presidential vote

Brazil's benchmark stock index, the Bovespa, surged nearly 9% on Monday, extending gains as right-wing Senator Flavio Bolsonaro outperformed expectations in the first round of Brazil's presidential election. Bolsonaro, the son of former President Jair Bolsonaro, secured 47% of the vote, positioning…

U.S.-listed shares of Brazilian companies jump after Bolsonaro beats expectations in presidential vote

U.S.-listed shares of Brazilian companies surged following the first round of the presidential election, as right-wing candidate Flavio Bolsonaro outperformed expectations. Bolsonaro, the son of former President Jair Bolsonaro, received 47% of the vote, securing a runoff against incumbent President…

Shares in Brazil's Itaú up 9% after Bolsonaro beats expectations in presidential vote

Shares in Itaú Unibanco (ITUB), Brazil’s largest private bank, rose nearly 9% on Monday following the unexpected strength of far-right candidate Jair Bolsonaro in the first round of Brazil’s presidential election. Preliminary results showed Bolsonaro securing a larger share of the vote than many…