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Amazon opens its biggest last-mile delivery center in Latin America

Amazon opens its biggest last-mile delivery center in Latin America

The e-commerce giant launched in Mexico in 2015 and has since invested 52 billion pesos ($3 billion) in an effort to attract more shoppers in Latin America#39;s second-biggest economy and get an edge on competitors such as Argentina-based Mercado Libre and retail giant Walmart.

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​ The e-commerce giant launched in Mexico in 2015 and has since invested 52 billion pesos ($3 billion) in an effort to attract more shoppers in Latin America#39;s second-biggest economy and get an edge on competitors such as Argentina-based Mercado Libre and retail giant Walmart. The e-commerce giant launched in Mexico in 2015 and has since invested 52 billion pesos ($3 billion) in an effort to attract more shoppers in Latin America#39;s second-biggest economy and get an edge on competitors such as Argentina-based Mercado Libre and retail giant Walmart.  Moneycontrol Latest News Read More  

The e-commerce giant launched in Mexico in 2015 and has since invested 52 billion pesos ($3 billion) in an effort to attract more shoppers in Latin America#39;s second-biggest economy and get an edge on competitors such as Argentina-based Mercado Libre and retail giant Walmart.

Adobe forecasts fourth-quarter profit above estimates on AI strength

Adobe forecasts fourth-quarter profit above estimates on AI strength

The company has been investing in equipping its creative software with GenAI capabilities to increase its appeal to more users. Analysts expect GenAI to boost revenue growth in 2024 and in the longer term, as it gets integrated in Adobe#39;s products.

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​ The company has been investing in equipping its creative software with GenAI capabilities to increase its appeal to more users. Analysts expect GenAI to boost revenue growth in 2024 and in the longer term, as it gets integrated in Adobe#39;s products. The company has been investing in equipping its creative software with GenAI capabilities to increase its appeal to more users. Analysts expect GenAI to boost revenue growth in 2024 and in the longer term, as it gets integrated in Adobe#39;s products.  Moneycontrol Latest News Read More  

The company has been investing in equipping its creative software with GenAI capabilities to increase its appeal to more users. Analysts expect GenAI to boost revenue growth in 2024 and in the longer term, as it gets integrated in Adobe#39;s products.

From clothes to PCs, falling Indian production points to weak demand

From clothes to PCs, falling Indian production points to weak demand

According to economists, the falling production of consumer durable goods is worrisome

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​ According to economists, the falling production of consumer durable goods is worrisome According to economists, the falling production of consumer durable goods is worrisome  Moneycontrol Latest News Read More  

According to economists, the falling production of consumer durable goods is worrisome

Arm’s IPO lures in retail traders seeking exposure to AI trend

Arm’s IPO lures in retail traders seeking exposure to AI trend

The chip designer garnered the most buy orders on Fidelity’s trading platform Thursday, with upward of 20,000 purchase orders, according to the brokerage’s website.

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​ The chip designer garnered the most buy orders on Fidelity’s trading platform Thursday, with upward of 20,000 purchase orders, according to the brokerage’s website. The chip designer garnered the most buy orders on Fidelity’s trading platform Thursday, with upward of 20,000 purchase orders, according to the brokerage’s website.  Moneycontrol Latest News Read More  

The chip designer garnered the most buy orders on Fidelity’s trading platform Thursday, with upward of 20,000 purchase orders, according to the brokerage’s website.

Buzzing Stocks: NTPC, Bharat Forge, Tata Power, Lemon Tree Hotels  others in focus today

Buzzing Stocks: NTPC, Bharat Forge, Tata Power, Lemon Tree Hotels others in focus today

Stocks to watch: Check out the companies making headlines before the opening bell, on September 15, 2023.

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​ Stocks to watch: Check out the companies making headlines before the opening bell, on September 15, 2023. Stocks to watch: Check out the companies making headlines before the opening bell, on September 15, 2023.  Moneycontrol Latest News Read More  

Stocks to watch: Check out the companies making headlines before the opening bell, on September 15, 2023.

Daily Voice | This analyst feels railway stocks#39; momentum can take a breather; pegs good outlook for defence

Daily Voice | This analyst feels railway stocks#39; momentum can take a breather; pegs good outlook for defence

The outlook for defence sector remains good given the evolving geopolitical situation, says Dhananjay Sinha of Systematix Group.

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​ The outlook for defence sector remains good given the evolving geopolitical situation, says Dhananjay Sinha of Systematix Group. The outlook for defence sector remains good given the evolving geopolitical situation, says Dhananjay Sinha of Systematix Group.  Moneycontrol Latest News Read More  

The outlook for defence sector remains good given the evolving geopolitical situation, says Dhananjay Sinha of Systematix Group.

Wall Street ends higher on economic data; Arm soars in debut

Wall Street ends higher on economic data; Arm soars in debut

SoftBank#39;s Arm (ARM.O) was valued at nearly $60 billion in a strong Nasdaq debut, with the chip designer#39;s shares soaring nearly 25% in their first day of trading.

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​ SoftBank#39;s Arm (ARM.O) was valued at nearly $60 billion in a strong Nasdaq debut, with the chip designer#39;s shares soaring nearly 25% in their first day of trading. SoftBank#39;s Arm (ARM.O) was valued at nearly $60 billion in a strong Nasdaq debut, with the chip designer#39;s shares soaring nearly 25% in their first day of trading.  Moneycontrol Latest News Read More  

SoftBank#39;s Arm (ARM.O) was valued at nearly $60 billion in a strong Nasdaq debut, with the chip designer#39;s shares soaring nearly 25% in their first day of trading.

SoftBank#39;s Arm soars nearly 25% in market debut to $65 billion valuation

SoftBank#39;s Arm soars nearly 25% in market debut to $65 billion valuation

The stock, which had opened at $56.10, notched a 24.68% gain to close at $63.59, giving the British chip designer a valuation of $65 billion in its return to public markets following a seven-year absence. The IPO had priced at $51.

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​ The stock, which had opened at $56.10, notched a 24.68% gain to close at $63.59, giving the British chip designer a valuation of $65 billion in its return to public markets following a seven-year absence. The IPO had priced at $51. The stock, which had opened at $56.10, notched a 24.68% gain to close at $63.59, giving the British chip designer a valuation of $65 billion in its return to public markets following a seven-year absence. The IPO had priced at $51.  Moneycontrol Latest News Read More  

The stock, which had opened at $56.10, notched a 24.68% gain to close at $63.59, giving the British chip designer a valuation of $65 billion in its return to public markets following a seven-year absence. The IPO had priced at $51.

Citigroup starts layoff talks after management overhaul, sources say

Citigroup starts layoff talks after management overhaul, sources say

Citi managers are already convening discussions with employees about potential layoffs, according to the sources, who declined to be identified discussing personnel matters. One-on-one meetings about departures were also starting, one of the sources said.

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​ Citi managers are already convening discussions with employees about potential layoffs, according to the sources, who declined to be identified discussing personnel matters. One-on-one meetings about departures were also starting, one of the sources said. Citi managers are already convening discussions with employees about potential layoffs, according to the sources, who declined to be identified discussing personnel matters. One-on-one meetings about departures were also starting, one of the sources said.  Moneycontrol Latest News Read More  

Citi managers are already convening discussions with employees about potential layoffs, according to the sources, who declined to be identified discussing personnel matters. One-on-one meetings about departures were also starting, one of the sources said.

Disney holds preliminary talks with Nexstar on ABC sale, sources say

Disney holds preliminary talks with Nexstar on ABC sale, sources say

The discussions come after Disney CEO Bob Iger said in July that the company could sell some of its traditional TV assets, which have struggled for years due to the rise of streaming services.

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​ The discussions come after Disney CEO Bob Iger said in July that the company could sell some of its traditional TV assets, which have struggled for years due to the rise of streaming services. The discussions come after Disney CEO Bob Iger said in July that the company could sell some of its traditional TV assets, which have struggled for years due to the rise of streaming services.  Moneycontrol Latest News Read More  

The discussions come after Disney CEO Bob Iger said in July that the company could sell some of its traditional TV assets, which have struggled for years due to the rise of streaming services.

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