Investing.com -- Mizuho analysts called Broadcom (NASDAQ:AVGO) a "must-own" AI stock in a note Friday, citing its strong earnings beat, growing AI revenue, and leadership in key semiconductor areas. The analysts believe Broadcom’s latest earnings report and guidance make it the standout among AI semiconductor stocks, particularly compared to peers like Nvidia (NASDAQ:NVDA) and Marvell ...
MEXICO CITY (Reuters) -Latin American e-commerce giant MercadoLibre (NASDAQ:MELI) will invest $3.4 billion in Mexico this year, focusing on its tech product and financial services, an executive from the firm said on Friday."This figure represents a 38% increase compared to our investment last year," said David Geisen, the firm’s Mexico head, at a press conference alongside Mexican President Cl ...
(Reuters) -Canada’s Alimentation Couche-Tard said on Friday its top executives will visit Tokyo to speak with media about its $47 billion bid to buy 7-Eleven convenience store operator Seven & i Holdings.Founder Alain Bouchard, CEO Alex Miller and CFO Filipe Da Silva will hold a media briefing from 0200 GMT on March 13.Couche-Tard, which operates Circle-K convenience stores, said earlier it ...
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 ...