Latin American e-commerce leader MercadoLibre (NASDAQ: MELI) is no different as it has fallen 32%. While challenges in the U.S. and Europe take a toll on the global economy, e-commerce adoption in Latin America hasn't skipped a beat. This helped MercadoLibre see expansion rates this year that U.S. e-commerce companies could only dream of, and its second-quarter revenue soared 52% to $2.6 billion.
ProVen Growth and Income VCT plc (the “Company”)Issue of Equity 26 April 2024 The Directors of ProVen Growth and Income VCT plc announce an allotment on 26 April 2024 of ordinary shares of 1.6187p each ("Ordinary Shares") pursuant to the offer for subscription that opened on 16 January 2024. 1,455,392 Ordinary Shares were allotted at an average price of 54.6p, based on the latest net asset value of 52.75p, being the net asset value as at 30 November 2023 of 54.0p less the 1.25p dividend paid on
Q3 2024 Atlassian Corp Earnings Call
GCC Generic Injectables Market GCC Generic Injectables Market Dublin, April 26, 2024 (GLOBE NEWSWIRE) -- The "GCC Generic Injectables Market Report by Container Type, Therapeutic Area, Distribution Channel, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering. The GCC generic injectables market has witnessed a robust increase, amounting to a significant market size of US$ 685 million in 2023. Projections indicate a continuation of this trajectory, with an anticipated
SAN FRANCISCO, April 26, 2024--Gantry reports steady commercial mortgage production in Q1 24, sourcing bank alternatives and optimized terms in a tough market cycle for CRE
Wall Street's main indexes advanced on Friday as most megacap growth stocks rose after robust quarterly results from Alphabet pushed its market value over $2 trillion, while an in-line inflation reading calmed interest rate jitters. Lifting sentiment further, Microsoft gained 2% on beating Wall Street estimates for third-quarter revenue and profit, driven by gains from AI adoption across its cloud services. Other growth stocks also rose on the results, with Amazon.com and Nvidia up 1.7% and 1.6%, respectively.
March's Personal Consumption Expenditures (PCE) data was consistent with expectations, reporting a 0.3% month-over-month rise. However, it slightly exceeded projections on a year-over-year basis, coming in at 2.7%. UBS Global Wealth Management Senior US Economist Brian Rose joins The Morning Brief to analyze how these figures could influence the Federal Reserve's rate cut outlook. Rose acknowledges that the current inflation data "has been too high" for the Fed to embark on monetary easing. He identifies "the big problem for the Fed" as core services, factors tied to robust demand and wage growth: "This is where they need to see disinflation," he says. In March, the core PCE inflation figure stood at 2.8%. While Rose predicts the Fed could initiate rate cuts in September, he cautioned that if inflation data persists at elevated levels, "it could get pushed back even further." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Company Secures Seven Co-Operatives to Serve Barfresh Twist & Go Smoothies on the Breakfast Menu in Over 2,200 New Schools to Approximately 1.5 Million Students for Fall Company Projects to Achieve Highest Annual Revenue in Fiscal Year 2024 and Year-over-Year Margin Improvement Amid Bottling Recovery Efforts, Propelled by Accelerated Customer Wins Company Expects Confirmation from Many Additional New School Bids Expected to be Won in the Next Few Months to Begin this Fall LOS ANGELES, April 26,
Magnificent Seven stocks, including AI leader Nvidia, are among the best stocks to watch in today's stock market.
Renault held talks this week with China's Li Auto and Xiaomi on electric and intelligent vehicle technologies, the French carmaker said on Friday, opening the door to potential collaboration on technology with the two companies. "Our CEO Luca de Meo engaged in pivotal conversations with industry leaders, including our partners Geely and Dongfeng, key suppliers but also the new players like the founders of Li Auto and Xiaomi Technology," Renault's procurement and partnerships chief Francois Provost said in a post on LinkedIn.
Stock Market Today: The Dow Jones rose Friday on key inflation data. Tech titans Google and Microsoft surged on earnings.
SAN JOSE, Calif., April 26, 2024--YuJa announces the launch of PDF Remediation Max, an AI-powered PDF accessibility add-on to the YuJa Panorama Digital Accessibility Platform.
FORM 8.3 OPENING POSTION DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.KEY INFORMATION (a)Full name of discloser:Invesco Ltd. (b)Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c)Name of offeror/offeree in relation to whose relevant securities this
Protests have erupted across more than two dozen campuses, including New York, Texas and California.
Sir Richard Branson feels "fortunate to have survived" his adventures. The 73-year-old billionaire businessman has taken on numerous challenges over the course of his lifetime which have included sailing across the Atlantic - with his first attempt ending with the boat capsizing - and crossing the Pacific in a balloon as well as going into space in a Virgin Galactic craft and he has now admitted he feels lucky to be alive after all his exploits. He said: "I've had the most extraordinary life and
PITTSBURGH, April 26, 2024--PPG (NYSE:PPG) today announced that it has again earned a gold rating in corporate social responsibility from EcoVadis, a leading third-party sustainability ratings platform. PPG ranked higher than 93% of the 130,000 evaluated companies.
Apollo Global Management stock is setting up for its next move with earnings on the horizon. Shares gained 20% this year.
The dollar soared to a fresh 34-year high against the yen on Friday, bolstered in part by U.S. inflation data that showed no signs of easing, coming in line with expectations and affirming expectations the Federal Reserve will likely delay cutting interest rates to later this year. The yen's 34-year trough vs the dollar came after the Bank of Japan kept interest rates steady although it flagged future rate hikes.
PHILADELPHIA, April 26, 2024--Gopuff, the leading Instant Commerce company, today launched its largest-ever national brand campaign, titled "Bring The Magic." In a category that delivers on functional needs, the campaign demonstrates Gopuff’s ability to transform everyday moments into magical experiences, be that getting a forgotten ingredient mid-dinner prep, accessing medicine in an instant while home sick, or virtually anything in-between. The 360° campaign is designed to build brand awarenes
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