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MercadoLibre plans to boost investment, employment in Mexico by 2025

MercadoLibre plans to boost investment, employment in Mexico by 2025

Investing.com -- MercadoLibre (NASDAQ:MELI), the e-commerce and fintech company, has announced plans to increase its investment and workforce in Mexico. The firm is looking to hire an additional 10,000 employees in the country by 2025, according to David Geisen, the Head of MercadoLibre Mexico. This announcement was made at a daily press conference led by President Claudia Sheinbaum.The funds wi ...

2025-03-08 03:25:30
Outflow from London gold vaults to US slows down, says LBMA

Outflow from London gold vaults to US slows down, says LBMA

LONDON (Reuters) - The outflow of gold stored in the London vaults to the United States slowed in February, the London Bullion Market Association (LBMA) said on Friday, as the price swings which attracted the shipments wound down.Since late November, when U.S. President Donald Trump pledged to impose import tariffs on Canada and Mexico, bullion worth $64.5 billion was delivered to the Comex gold s ...

2025-03-08 03:24:03
Benchmark upgrades Trade Desk on growth compression concerns

Benchmark upgrades Trade Desk on growth compression concerns

Investing.com -- Benchmark upgraded Trade Desk Inc (NASDAQ:TTD) to "Hold" from "Sell," noting that the stock has retreated to within 10% of its discounted cash flow-based fair value of $59. The firm expects Trade Deskā€™s near-term stock performance to be influenced by the pace of its revenue growth reversion to broader U.S. digital ad industry trends.Benchmark highlighted that Trade Deskā€ ...

2025-03-08 03:22:37
S&P 500 cuts losses, but trade uncertainty continues to weigh

S&P 500 cuts losses, but trade uncertainty continues to weigh

Investing.com-- The S&P 500 cut losses in volatile Friday, as investors weighed a soft employment report and further trade uncertainty after President Donald Trump reportedly said he may impose reciprocal tariffs on Canada as soon as today.  At 1:52 p.m. ET (18:52 GMT), the Dow Jones Industrial Average rose 143 points, or 0.2%, the S&P 500 index rose 0.3%, and the NASDAQ Com ...

2025-03-08 03:21:17