Dlocal Ltd. (DLO) News & EventsDLODlocal Ltd.

Major Averages Broadly Lower Near Noon

The major averages were broadly lower near noon as investors continue to balance easing inflation pressures and strong corporate earnings against renewed geopolitical risks.The inflation backdrop remains supportive for equities. July CPI and PPI both came in softer than expected, reducing concerns that the Federal Reserve will need to raise interest rates at its September meeting. PPI was unchanged in July after declining 0.1% in June, while the latest CPI data showed inflation continuing to moderate. The market is increasingly focused on whether the combination of cooling inflation and a weakening labor market will give the Fed room to ease policy later this year.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Applied Materialsreportedand provided upbeat Q4 earnings guidanceU.S. President Donald Trumpand their parts and componentsRedditwasAvalonBayin the S&P 500 at the August 18 openTeslaredesigned Roadster may have flying capabilities,OpenAI is on pace to generate annualized revenue of over $40B based on its present performance,2. WALL STREET CALLS:New StreetMicronto Buy, sees multi-trillion market cap by 2030SanDiskwith a raised Overweight rating at JPMorganCiscoto Hold at HSBCWayfairto Outperform at BernsteinFox Corp.to Overweight at Wells Fargo and JPMorgan3. AROUND THE WEB:Nokiais closing its research and development unit in Hangzhou, China, and cutting 1,600 jobs, Helsingin saysCharter Communicationsreceived final approval from California regulators to buy Cox Communications for $21.9B, WSJ reportsGoldman Sachsis courting investors to participate in Nvidia's$500B AI infrastructure financing initiative, leveraging its longstanding Nvidia relationship to secure a key role in mobilizing capital for the AI buildout, Reuters saysBPand UAE-based XRG have secured an exploration and production license for Venezuela's Loran offshore gas field, which holds an estimated 4 trillion cubic feet of recoverable gas and straddles the Venezuela-Trinidad and Tobago maritime boundary, WSJ reportsApplehas trained a large language model in partnership with Alibabafor China's market, Reuters reports4. MOVERS:Capricor Therapeuticsgains afterand announcing the FDA is "willing" to review the company's BLA amendment for its HOPE-3 studyValnevaincreases in New York after announcing with Pfizerthat the EMA has validated theIntermexhigher after providing an update on itsfor Western Union'spending acquisition of the companyKinderCarefalls afterand cutting its guidance for FY26Merlinand York Space Systemslower in New York after5. EARNINGS/GUIDANCE:Heartflowand raised its outlook for FY26Midera Food, with CEO Mark Salman commenting, "We saw continued momentum in the second quarter, with orders up 16% and the backlog reaching $446 million"Teamsharesand backed its outlook for FY26DLocal, with CEO Pedro Arnt commenting, "TPV growth has remained above 50% year-over-year for seven consecutive quarters, with the last three quarters at or above 70%"FocalThericsand backed its outlook for FY26INDEXES:Near midday, the Dow was down 0.19%, or 103.36, to 53,736.63, the Nasdaq was down 0.48%, or 128.01, to 26,675.02, and the S&P 500 was down 0.21%, or 16.73, to 7,782.26.

dLocal Reports Q2 Revenue of $399.7M, Beating Consensus

Reports Q2 revenue $399.7M, consensus $366.84M. "TPV growth has remained above 50% year-over-year for seven consecutive quarters, with the last three quarters at or above 70%. Growth has also accelerated over the past five quarters, reaching its highest year-over-year rate in four years. Although the pace and scale of this growth will naturally create more demanding comparisons as we move through the second half of the year and into 2027, what we are seeing today reflects the positive returns on the investments we have made in our platform and portfolio of licenses. It is also a testament to the trust merchants place in us as they build and grow across emerging markets," said Pedro Arnt, CEO of dLocal.

Markets Decline as Fed Rate Hike Expectations Weigh

The major averages closed lower as markets gauged the likelihood of a Fed rate hike this year and how much room is left on the AI trade. Markets kicked off the second half of 2026 with a bit of a cautious tone after a powerful second-quarter rally. Semiconductor names such as Micron, SanDisk, Nvidia, and Broadcom slid to start the quarter after their massive year-to-date rallies as investors took some profits and rotated to other areas.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Nikereportedbut guided for Q1 revenue to declineBloombergthat Metais building a cloud business to sell access to AI computing, while NPR reported that Meta had explored buying prediction market app KalshiAlcoaSouth32'sbauxite, alumina, and aluminum assets for $4.1BKrogerGiant Eagle for $1.65BQualcommbriefly jumped after thethat SpaceXhas a prototype of a handset-like AI device, though Elon Musk called the report "utterly false," resulting in Qualcomm giving up the gains2. WALL STREET CALLS:GuggenheimSalesforce, ServiceNowand Check Pointto Buy, calling the fatal AI bear case on software a "hallucination"RBCDow Inc.to Sector Perform on falling polyethylene pricesWedbush sees SpaceXas "major hyperscaler,"coverage with an Outperform rating and $190 price targetLockheed Martinto Buy at CitiSimon Propertyto Peer Perform at Wolfe3. AROUND THE WEB:South Korea's antitrust regulator is alleging that Googleabused its dominant position in the Android app marketplace to restrict competition, affecting an estimated 14.16 trillion won in revenue and potentially resulting in corrective measures and financial penalties from the Korea Fair Trade Commission, Reuters saysCMA CGM is close to a deal to buy FedEx'sthird-party logistics business for $1.4B in cash, FT reportsParamount Skydancehas offered remedies to address EU concerns related to its acquisition of Warner Bros, Reuters saysOpenAI engineers earlier this month told some colleagues they had figured out a way to more than halve the cost of inference, The Information reportsMicrosoftintends to announce layoffs soon as it continues efforts to lower costs, Business Insider says4. MOVERS:Evolvincreases afterof its hardware and software subscription agreement with TD GardenDLocalgains in New York after UBSthe stock to Buy from NeutralGrindrhigher after Morgan Stanleythe stock to OverweightOptimumlower after its subsidiarypreliminary results of its tender offerShutterstockfalls after Getty Imageswith the company5. EARNINGS/GUIDANCE:General Millsreported, provided guidance for FY27, and said it is targeting $3B in cost savings by FY30FactSetand backed its guidance for FY26Genius Group, with revenue higher year-over-yearMSC Industrial, with EPS and revenue beating consensusProgress Software, provided guidance for Q3, and raised its outlook for FY26INDEXES:The Dow fell 13.96, or 0.027%, to 52,305.24, the Nasdaq lost 173.69, or 0.66%, to 26,040.03, and the S&P 500 declined 16.13, or 0.22%, to 7,483.23.