Meta Platforms Inc.META
Mentioned
Impact on stocks 2
Spatial Computing / AR/VR
Meta Platforms Inc.Financials
Xp IncXP
Mentioned
XP Inc Reports Record Client Assets and Strategic Resilience in Q2 2026
EarningsCorporate Action
XP Inc reported second-quarter 2026 results with total gross revenue of BRL5.1 billion, up 8% year-over-year, and client assets reaching a record BRL2.2 trillion, up 17% year-over-year. Adjusted earnings before taxes grew 15% year-over-year to BRL1.6 billion, with an adjusted EBT margin of 32%, while adjusted net income rose 5% to BRL1.4 billion. The company saw net new money of BRL28 billion in the quarter, including BRL20 billion from retail and BRL8 billion from corporate and institutional clients. Corporate segment revenue surged 117% year-over-year, driven by cross-selling of derivatives, FX, and credit, though market volatility and widening credit spreads caused mark-to-market losses of over BRL400 million in the first half of 2026. XP also announced nearly BRL2.5 billion in capital distributions for 2026, including buybacks and dividends, and the cancellation of approximately 11.8 million treasury shares.
Meta Platforms Inc.Xp Inc