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… Read More »Amazon opens its biggest last-mile delivery center in Latin America
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… Read More »Adobe forecasts fourth-quarter profit above estimates on AI strength
According to economists, the falling production of consumer durable goods is worrisome Read More 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… Read More »From clothes to PCs, falling Indian production points to weak demand
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. Read More The chip designer garnered the most buy orders on Fidelity’s trading platform Thursday, with… Read More »Arm’s IPO lures in retail traders seeking exposure to AI trend
Stocks to watch: Check out the companies making headlines before the opening bell, on September 15, 2023. Read More Stocks to watch: Check out the companies making headlines before the opening bell, on September 15, 2023. Stocks to watch: Check… Read More »Buzzing Stocks: NTPC, Bharat Forge, Tata Power, Lemon Tree Hotels others in focus today
The outlook for defence sector remains good given the evolving geopolitical situation, says Dhananjay Sinha of Systematix Group. Read More The outlook for defence sector remains good given the evolving geopolitical situation, says Dhananjay Sinha of Systematix Group. The outlook… Read More »Daily Voice | This analyst feels railway stocks#39; momentum can take a breather; pegs good outlook for defence
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. Read More SoftBank#39;s Arm (ARM.O) was valued at nearly $60 billion in… Read More »Wall Street ends higher on economic data; Arm soars in debut
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… Read More »SoftBank#39;s Arm soars nearly 25% in market debut to $65 billion valuation
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. Read More The discussions come after… Read More »Disney holds preliminary talks with Nexstar on ABC sale, 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. Read More Citi managers are… Read More »Citigroup starts layoff talks after management overhaul, sources say
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