SHARES UP 1.5% AT THE HIGH POINT MercadoLibre, Inc. MELI today experienced a Power Inflow, an important event for those who follow the fate of smart money and value order flow analysis in their trading decisions. Today, in 10:37 am on OCTOBER 11a significant trading signal occurred for MercadoLibre, Inc. …
For the first time in three years, capital raisings in the cannabis sector increased, according to Frank Colombo, general director of data analysis and investment banking at Viridian Capital Advisors. Colombo provided an overview of capital raising trends in the space on Tuesday at the Benzinga's Cannabis Capital Lecture. He …
The S&P 500 and Dow Jones Industrial Average hit all-time highs this week. A strong start to the third-quarter earnings season boosted both indexes, offsetting concerns about last month's unexpected rise in inflation. JPMorgan Chase & Co. JPM, Wells Fargo & Co. CFM, Bank of New York Mellon Corp. bk …
Tesla Inc.'s TSLA recent “We, Robot” event, which showed the Cybertaxi and RoboVanleft many wondering how this could affect the ridesharing space. If it weren't for Uber Technologies Inc. UBER For investors, the consensus among analysts appears to be that while Tesla's autonomous vehicle (AV) ambitions are bold, the near-term …
Friday's trading session saw another strong rally on Wall Street, with the S&P 500 and Dow Jones Industrial Average hitting new all-time highs, boosted by better-than-expected third-quarter earnings from major U.S. banks. The S&P 500 surpassed 5,800 points, while the Dow Jones Industrial Average surpassed 42,800. Leading the charge were …
Bitcoin BTC/USD Recent price fluctuations will not deter cryptocurrency trader Astronomer Zero's bullish outlook on the king of cryptocurrencies backed by highly accurate signals. What happened: Astronomer Zero stated that all his analyzes remain valid despite recent market fluctuations. He highlighted the importance of his previous signals, which have proven …
A notable rally in financial stocks boosted bullish sentiment across Wall Street on Friday, propelling both the S&P 500 and the Dow Jones Industrial Average to new record highs. Strong earnings from major U.S. banks helped lift the broader market, and investors shrugged off mixed economic data released earlier in …
Wells Fargo & Company CFM will release its third quarter earnings results before the opening bell on Friday, October 11. Analysts expect the San Francisco-based bank to report quarterly earnings of $1.28 per share, up from $1.48 per share in the same period a year ago. Wells Fargo projects to …
MercadoLibre Inc MELI It is expected to report its third quarter of 2024 in late October or early November. MercadoLibre operates online marketplaces dedicated to e-commerce and online auctions. Analysts estimate adjusted earnings per share of $10.55 on revenue of $5.25 billion, according to data from Benzinga Pro. Goldman Sachs …
A better-than-expected September Consumer Price Index (CPI) report has not changed the overall market narrative of continued disinflation, nor altered expectations of a possible interest rate cut in November. Headline inflation was slightly above forecasts. However, economists and Federal Reserve officials remain focused on the broader trend of cooling price …