How to trade this Latin American rival to Amazon that reports earnings Tuesday
MercadoLibre stands as the preeminent e-commerce and fintech ecosystem in Latin America. Headquartered in Uruguay and operating across 18 countries, the company functions as the region’s leading online marketplace, integrated payments platform (Mercado Pago), logistics network and advertising solutions provider. Serving more than 94 million users, MercadoLibre drives the shift from offline to digital commerce […]
JPMorgan upgrades emerging markets. How to play the improved outlook
Emerging market stocks couldn’t catch a break the past four years. Now their fortunes may be turning. JPMorgan upgraded emerging markets to overweight from neutral on Monday. Strategist Mislav Matejka cited several reasons for the change, including easing trade tensions and attractive valuations. “De-escalation on U.S.-China trade front reduces one significant headwind for EM equities,” […]