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Mercadolibre


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U.S. STOCKS Intel, Guardant, Ventas

BUZZ-U.S. STOCKS ON THE MOVE-Intel, Guardant, Ventas Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq Composite was on track to fall into a correction in a Wall Street battering after Friday's weak jobs numbers deepened worries of a slowdown in the U.S.
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U.S. STOCKS Morgan Stanley, Intel, Guardant

BUZZ-U.S. STOCKS ON THE MOVE-Morgan Stanley, Intel, Guardant Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq Composite was set to plunge into a correction on Friday, falling more than 10% from its July peak after weak employment numbers aggravated worries of a slowdown in the U.S.
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U.S. STOCKS Intel, Nvidia, Chevron

BUZZ-U.S. STOCKS ON THE MOVE-Intel, Nvidia, Chevron Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes were poised to slump at the open on Friday after weak employment numbers exacerbated worries of a slowdown in the U.S.
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U.S. STOCKS MercadoLibre, DoorDash, Coinbase

BUZZ-U.S. STOCKS ON THE MOVE-MercadoLibre, DoorDash, Coinbase Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Futures fell sharply on Friday after Amazon and Intel presented downbeat forecasts as concerns over the health of the U.S.
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MercadoLibre jumps after profit doubles, bucks broader market weakness

BUZZ-MercadoLibre jumps after profit doubles, bucks broader market weakness ** MercadoLibre MELI.O shares up 9.6% at $1,760.21, bucking broader market weakness ** Latin American e-commerce giant says its Q2 net profit more than doubled from a year earlier and beat analyst estimates on strong operations in Brazil ** Meanwhile, online retail giant Am
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MercadoLibre's profit more than doubles in second quarter, beats estimates

UPDATE 2-MercadoLibre's profit more than doubles in second quarter, beats estimates Adds details and quotes from CFO in paragraphs 5-13 SAO PAULO, Aug 1 (Reuters) - Latin America e-commerce giant MercadoLibre MELI.O said on Thursday its net profit more than doubled in the second quarter from a year earlier, beating analysts' estimates with Brazil's operations standing out.
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MercadoLibre's net profit more than doubles in second quarter, beats estimates

MercadoLibre's net profit more than doubles in second quarter, beats estimates SAO PAULO, Aug 1 (Reuters) - Latin America e-commerce giant MercadoLibre MELI.O said on Thursday its net profit more than doubled in the second quarter from a year earlier, beating analysts estimates. MercadoLibre, which operates a marketplace in 18 countries and also owns the fintech Mercado Pago, posted a $531 million net profit for the quarter ended in June, above the $432 million profit that analysts polled by LSE
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MercadoLibre Inc <MELI.OQ> expected to post earnings of $8.53 a share - Earnings Preview

MercadoLibre Inc expected to post earnings of $8.53 a share - Earnings Preview MercadoLibre Inc MELI.OQ MELI.O is expected to show a rise in quarterly revenue when it reports results on August 1 for the period ending June 30 2024 The Montevideo Uruguay-based company is expected to report a 37.1% increase in revenue to $4.68 billion from $3.42 billion a year ago, according to the mean estimate from 10 analysts, based on LSEG data.
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change ON Semiconductor Corp ON.OQ +12.5% Tesla Inc TSLA.OQ +5.4% Dexcom Inc DXCM.OQ +3.9% Charter Communications Inc CHTR.OQ +3.6% Comcast Corp CMCSA.OQ +2.5% Bottom Performers Percent Change Arm Holdings PLC ARM.OQ -5.2% PDD Holdings Inc PDD.OQ -2.2% MercadoLibre Inc MELI.OQ -2.0% Super Micro Computer Inc SMCI.OQ -1.8% Marvell Technology Inc MRVL.OQ -1.4% The Nasdaq 100 .NDX gained 86.
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Brazil's Americanas details accounting fraud

UPDATE 1-Brazil's Americanas details accounting fraud Adds details of findings, company background By Luciana Magalhaes and Luana Maria Benedito SAO PAULO, July 17 (Reuters) - Brazilian retailer Americanas SA is sharing with authorities new details of how it hid over $4 billion in debt, saddling investors with huge losses and doubts about what comes next for the 95-year-old brand, whose former executives are under police investigation.
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Arm Holdings PLC ARM.OQ +6.6% Advanced Micro Devices Inc AMD.OQ +4.8% Meta Platforms Inc META.OQ +4.4% MercadoLibre Inc MELI.OQ +4.2% GlobalFoundries Inc GFS.OQ +3.8% Bottom Performers Percent Change Micron Technology Inc MU.OQ -3.7% Paccar Inc PCAR.OQ -2.3% Diamondback Energy Inc FANG.OQ -1.8% PDD Holdings Inc PDD.OQ -1.7% Warner Bros Discovery Inc WBD.OQ -1.2% The Nasdaq 100 .ND
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Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Tesla Inc TSLA.OQ +6.7% MongoDB Inc MDB.OQ +5.6% Zscaler Inc ZS.OQ +2.9% Constellation Energy Corp CEG.OQ +2.6% Apple Inc AAPL.OQ +2.6% Bottom Performers Percent Change O'Reilly Automotive Inc ORLY.OQ -3.9% Warner Bros Discovery Inc WBD.OQ -3.9% Walgreens Boots Alliance Inc WBA.OQ -3.7% MercadoLibre Inc MELI.OQ -3.5% Advanced Micro Devices Inc AMD.OQ -3.3% The Nasdaq 100 .NDX gain
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Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Tesla Inc TSLA.OQ +6.6% MongoDB Inc MDB.OQ +4% Zscaler Inc ZS.OQ +3.2% Constellation Energy Corp CEG.OQ +2.8% Apple Inc AAPL.OQ +2.3% Bottom Performers Percent Change Walgreens Boots Alliance Inc WBA.OQ -4.2% O'Reilly Automotive Inc ORLY.OQ -3.9% Advanced Micro Devices Inc AMD.OQ -3.6% MercadoLibre Inc MELI.OQ -3.5% Warner Bros Discovery Inc WBD.OQ -3.2% The Nasdaq 100 .NDX gained
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MercadoLibre's fintech arm sees credit-card reader boom in Mexico

MercadoLibre's fintech arm sees credit-card reader boom in Mexico By Kylie Madry MEXICO CITY, June 17 (Reuters) - Latin American e-commerce giant MercadoLibre's fintech arm, Mercado Pago, has seen adoption of its slim mobile credit-card readers more than double in the past year, gaining on competing options from banks and Clip, an executive said. In Mexico, cash is still king - and as Latin America's No.
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MercadoLibre investments in Brazil this year to top initial forecast

UPDATE 2-MercadoLibre investments in Brazil this year to top initial forecast Adds quote and plans to open distribution centers in paragraphs 3-4, context in paragraph 5 and 7, and details for new strategy in distribution center in paragraphs 8-10 By Andre Romani CAJAMAR, Brazil, June 5 (Reuters) - Latin American e-commerce giant MercadoLibre expects its investments in Brazil this year to exceed the 23 billion reais ($4.35 billion) initially planned due to higher-than-expected sales , local mark
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MercadoLibre investments in Brazil this year to top initial forecast

MercadoLibre investments in Brazil this year to top initial forecast CAJAMAR, Brazil, June 5 (Reuters) - Latin American e-commerce giant MercadoLibre MELI.O expects its investments in Brazil this year to exceed the 23 billion reais ($4.35 billion) initially planned , local marketplace head Fernando Yunes told reporters on Wednesday. Yunes said the firm now forecasts to hire 11,000 people in Brazil this year, up from a previous estimate of 6,500. He added that the revised capital expenditure plan
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MercadoLibre's fintech arm targets digital banking in Mexico with license

UPDATE 1-MercadoLibre's fintech arm targets digital banking in Mexico with license Updates with time-frame in paragraph 3 By Diego Oré MEXICO CITY, May 21 (Reuters) - Latin American e-commerce giant MercadoLibre's fintech arm, Mercado Pago, announced on Tuesday that it will apply for a banking license in Mexico in its bid to become the largest digital bank in the country.
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MercadoLibre's Mexico banking license could take up to two years, exec says

MercadoLibre's Mexico banking license could take up to two years, exec says MEXICO CITY, May 21 (Reuters) - Latin American e-commerce giant MercadoLibre's fintech arm, Mercado Pago, said on Tuesday it could take one to two years to obtain a banking license it is seeking in Mexico, the region's second-largest economy. Mercado Pago's Mexico director Pedro Rivas said this time frame would run from the start of the application toward the end of the summer, as the fintech seeks to become the country'
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MercadoLibre's fintech arm targets digital banking in Mexico with license

MercadoLibre's fintech arm targets digital banking in Mexico with license By Diego Oré MEXICO CITY, May 21 (Reuters) - Latin American e-commerce giant MercadoLibre's fintech arm, Mercado Pago, announced on Tuesday that it will apply for a banking license in Mexico in its bid to become the largest digital bank in the country. The announcement makes Mercado Pago the latest online firm looking to expand its offerings in the increasingly crowded market.
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