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 …
On Tuesday, October 8, US markets closed in the green as investors bought technology stocks, benefiting from a slight easing in Treasury yields, which eased concerns about rising borrowing costs. According to economic data, the NFIB Small Business Optimism Index rose to 91.5 in September from 91.2 in August, below …
last month, Yuca Sciences Inc. SAVA agreed to pay more than $40 million to resolve SEC charges of misleading statements related to a Phase 2 trial of the company's controversial Alzheimer's drug, simufilam. The SEC also loaded Dear Yan Wangconsultant and co-developer of the drug, manipulating the results of the …
On Monday, October 7, US markets closed lower as rising Treasury yields and concerns about the effect of the Middle East conflict on oil prices weighed on sentiment. Additionally, regulatory challenges for Alphabet, Amazon and Apple, along with uncertainty around the Federal Reserve's rate cut decisions, weighed on the market. …
These eleven large-cap stocks were the worst performers in the last week. Are they in your wallet? Humana Inc. HUM Shares fell 24.89% after the company updated investors on the decline in Stars' performance for 2025 and how it will impact quality bonus payments in 2026. Several analysts lowered their …
Cisco Systems, Inc. CSCO Shares are trading slightly higher on Friday. The software giant has reportedly agreed to fund Core tissuea cloud computing provider valued at around $23 billion, reported Bloomberg. Major technology companies have made significant investments to improve the infrastructure for the development of AI. The rise of …
wedbush analyst Nick Setyan updated Dine Global Brands, Inc. OF to Outperform from Neutral, raising the forecast price to $47 from $34. The analyst identifies key catalysts for Dine Brands' multiple expansions over the next twelve months. According to Setyan, an accelerated share buyback plan worth more than $100 million …
CVS Health Inc. CVS It is reportedly considering a major restructuring that could involve separating its retail and insurance businesses. The move comes as the healthcare company faces pressure from investors and looks to recover from a challenging financial period. CVS Health trades at a 7x EBITDA multiple, which is …
Last week, China's central bank announced plans to reduce banks' reserve requirement ratio (RRR) by 50 basis points or half a percentage point, boosting shares of US-listed Chinese companies across all sectors. These seven mid-cap stocks were the best performers in the last week. Are they in your wallet? Lufax …
These ten large-cap stocks were the worst performers in the last week. Are they in your wallet? Summit Therapeutics SMMT Shares fell 14.37% last week after Citigroup downgraded its stock from Buy to Neutral but raised its price target from $19 to $23. MakeMyTrip Limited MMYT Shares plummeted 12.46%. Medpace …