Mercadolibre Inc
Argentina could be primed for big gains ahead. How to play the historically volatile market
It might be time for investors to take a closer look at Argentina. The Global X MSCI Argentina ETF (ARGT) is up more than 8% this year, outpacing the S & P 500 . The Merval index , Argentina’s benchmark index, is down 17% in 2025 but remains more than 47% higher over the past […]
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Stocks making the biggest moves midday: AppLovin, Carvana, MercadoLibre, Crocs and more
Check out the companies making headlines in midday trading. AppLovin — The mobile ad tech company jumped 12% after first-quarter results that beat analyst expectations. AppLovin also announced it would sell its mobile gaming business in a $400 million deal. Carvana — Shares jumped more than 11% after the online used car marketplace posted better-than-expected […]
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MercadoLibre CEO says US-China trade war is a big opportunity for Latin America
MercadoLibre CEO Marcos Galperin CNBC The CEO of Argentina’s MercadoLibre — often called the Amazon of Latin America — sees big opportunity for Latin America in the U.S.-China trade war. “If Latin America plays its cards well, I think could benefit from this volatility,” MercadoLibre CEO and founder Marcos Galperin told CNBC’s Robert Frank on […]
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Stocks making the biggest moves midday: UnitedHealth, Alibaba, Hims & Hers Health, Celsius and more
Check out the companies making headlines in midday trading: Novo Nordisk — Shares rose 4.9% after the Food and Drug Administration said Friday that the U.S. shortage of Novo Nordisk’s weight loss injection Wegovy and diabetes treatment Ozempic is resolved after more than two years. Hims & Hers Health — The telehealth stock, which offers compounded Wegovy and […]
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Stocks making the biggest moves premarket: UnitedHealth, Rivian, Block, Celsius and more
Check out the companies making headlines before the bell. Celsius Holdings — The energy drink maker skyrocketed more than 31% after surpassing expectations for fourth-quarter earnings and entering an agreement to acquire Alani Nutrition in a cash and stock deal. Celsius earned an adjusted 14 cents per share on $332 million in revenue, while analysts […]
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Argentina and more: Fund manager names 3 emerging markets with a ‘great investment story’ in 2025
Just one month into the new year and one portfolio manager is already confident that Argentina is “going to be a great story throughout 2025.” “Argentina’s momentum story is fantastic, so it moved from being my top contrarian idea in 2024, to one of my top bets for this year,” Malcolm Dorson, senior portfolio manager […]
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Meet the Latin American e-commerce platform that’s outperforming Amazon this year
One of the world’s largest e-commerce companies is emerging as a top pick on Wall Street as investors look for tech opportunities beyond the Magnificent Seven. MercadoLibre, an Argentinian e-commerce and payments platform that’s incorporated in Delaware and actively traded on Nasdaq, is up 34% in 2024, compared to a roughly 27% rise for Amazon, […]
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Argentina’s market place rallied sharply on a historic election. How buyers can play it
Argentina past week held a historic election in which libertarian applicant Javier Milei arrived out victorious, sending the country’s inventory industry surging. The Merval , Argentina’s inventory industry benchmark, rallied 42% for the 7 days. That was the index’s major weekly obtain heading again to at least 1991. The World wide X MSCI Argentina ETF […]
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September is the cruelest thirty day period for shares. Pros share their investing guidelines — and what to get
August has been a choppy month even with an eleventh-hour rally. September, a historically stormy month , may possibly not be any greater. But some on Wall Avenue feel that the S & P 500 will be greater by the conclusion of the year. There are a handful of components that traders have to think […]
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‘Realistic, not frothy’: Trader suggests S&P 500 will hit 5,000, names stocks to purchase in that scenario
Some on Wall Road are receiving more and more bullish on the S & P 500 , elevating their value targets for the index. Oppenheimer Asset Management was the most current to do so. It amplified its year-end S & P 500 price goal from 4,400 to 4,900 — the best in CNBC’s Sector Strategist survey . […]
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