• Fri, February 21, 2025

by: Investopedia

MercadoLibre Stock Sets All-Time High as Q4 Earnings Blow Past Estimates

MercadoLibre shares surged on Friday after the Latin American e-commerce giant's fourth-quarter earnings came in well above expectations.

by: Fortune

What if AI creates more jobs than it destroys?

First, some of the company's most successful AI applications favor more employment, Mockenbrock said, as they allow for better and faster "resolutions" and a higher emotional connection between caller and agent.

by: manilatimes

BIR, Customs collections higher in January - Recto

REVENUE collections improved last month, a Cabinet official said, with the Bureau of International Revenue (BIR) and Bureau of Customs (BOC) both posting year-on-year gains.

by: Forbes

China Market Update: Alibaba Goes Ballistic, Finance Minister Talks Consumption, Week In Review

Asian equities ended a positive week on a high note, led by Hong Kong and Mainland China-listed growth stocks following Alibaba's financial results, which were reported after the close in Hong Kong yesterday.

by: CNN

Target is getting hit from all sides on DEI

The lawsuit suit shows that Target is essentially getting squeezed from both sides on DEI. Target did not respond to CNN's request for comment on the suit. There's a long backstory to the suit, which alleges that Target's DEI initiatives led to its 2023 Pride Month merchandise that drew the ire of conservative media figures.

by: Salon

Why you should consider freezing your credit right now

To freeze your credit, you'll need to contact each of the three major credit bureaus individually. Once your credit is frozen, you can temporarily lift the freeze when you need to apply for credit, and then reinstate it afterward.

by: Politico

Three potential pitfalls for phase 2 Gaza talks

The second round of talks to end the Israel-Hamas war in the Gaza Strip begins in the coming days, and former officials see three potential challenges that could derail progress towards a permanent cease-fire.

by: Calendar

Ditch the Juggling Act: 12 Ways Automated Scheduling Will Revolutionize Your Life (and Business)

While you are buried under a stack of sticky notes, trying to make sense of scribbled appointments, your phone buzzes with last-minute changes. Does this sound familiar? If you are a busy entrepreneur,

by: coloradopolitics

Colorado House committee votes to advance bill to adjust state's pay structure for tipped workers

Colorado's pay structure for tipped workers is set to change with House Bill 1208. The bill aims to address wage disparities and local minimum wage hikes.

by: Marketplace

What do you want to know about business or the economy?

In our weekly I've Always Wondered series, we tackle all of your questions about business, finance and the economy. Have you ever wondered why gas prices end in nine-tenths of a cent? What you should do with old savings bonds? Why cereal doesn't come in resealable bags? Or how tariffs will impact the economy?

by: Reuters

AustralianSuper fined $17 million for failure to merge duplicate accounts

AustralianSuper, the country's largest pension fund, was fined A$27 million ($17.3 million) after a court found it had failed to identify and merge duplicate member accounts, the corporate watchdog said on Friday.

by: jacobin

US Economic Decline Has Been Greatly Exaggerated

A focus on GDP and national accounts gives a misleading picture of US economic power. In the age of globalization, production can be based in countries like China while most of the profits flow back to American firms,

by: Inc

What Would Trump Taking Control of the USPS Mean for You?

by: MSN

Coinbase Stock Swings After SEC Drops Lawsuit

Coinbase stock is bouncing between positive and negative territory Friday on news the SEC is dismissing its lawsuit against the the crypto exchange.

by: MSN

This Stock Has a 10% Dividend Yield and Trades at a 52-Week Low. Is It a Bargain Right Now?

In this video, two Fool.com contributors discuss whether this 10%-yielding stock is worth a closer look. *Stock prices used were the morning prices of Feb. 20, 2025. The video was published on Feb. 21,

by: Reuters

US business activity stalling; consumers' inflation expectations surge

U.S. business activity nearly stalled in February amid mounting fears over tariffs on imports and deep cuts in federal government spending, erasing all the gains notched in the aftermath of President Donald Trump's election victory.

by: Reuters

What private equity can teach executives about metrics: Fridson

Wall Street is often blamed for reducing corporate managers' understanding of business to a single, gameable measure of success: quarterly earnings versus analysts' consensus forecast.

by: MSN

What's JD Vance's net worth?

While the exact circumstances of Vance's childhood in Middletown, Ohio, are a matter of dispute and speculation, he certainly faced trying circumstances. His mother was addicted to painkillers and "raised her own children amid violence,

by: MSN

No, image doesn't show Project 2025's "plan for women"

A screenshot authentically shows a "plan for women" outlined on page 432 of Project 2025 — a sweeping, conservative plan for a U.S. Republican presidential administration — that would curtail their rights on various issues.

by: Reuters

MercadoLibre's fourth-quarter net profit beats forecast, shares jump

Latin American e-commerce giant MercadoLibre posted a better-than-expected quarterly net profit on Thursday, up nearly four-fold from the same period a year earlier and sending its shares up more than 12% in after-hours trading.

by: MSN

Dow falls nearly 750 points and US stocks tumble as businesses and consumers worry about tariffs

U.S. stocks fell sharply Friday after reports showed that worries among consumers and businesses about President Donald Trump's policies may be hitting the U.S. economy. The S&P 500 sank 1.7% for its worst day in two months.

by: MSN

Clean and uninterrupted BMX clip

Los Angeles Mayor Karen Bass has removed Los Angeles Fire Chief Kristin Crowley and alleged that her response to the wildfires that devoured parts of Los Angeles County was mishandled. CBS News' Carter Evans has more. US TV fans celebrate as beloved cancelled show gets spin-off resurrection

by: MSN

Booming business in Chapin: Construction begins on Lake Murray Business Park

Developers say the business park will be located on a 8.14-acre tract of land at the intersection of Chapin Road and Primrose Lane.

by: MSN

RAK Ruler appoints Director General of Department of Finance

The decree is effective from the date of issuance and will be published in the official gazette. Salem Al Owais brings extensive expertise in leading

by: MSN

Five9, Inc. (NASDAQ:FIVN) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 20, 2025 Operator: Thank you for joining us today. Certain statements made during the course of this conference call that are not historical facts including those regarding the future financial performance and cash position of the company,

by: MSN

Legal Tips for Startups: 4 Essentials Every New Business Should Know

So you've got a great business idea and you're excited to share it with the world. Now is the time, at the earliest stage when you're honing your mission and image, to ensure that you've put all the necessary legal responsibilities on your to-do list.

by: MSN

Business Lookahead: Ukraine, Germany, tariffs and more

From U.S. President Donald Trump's rhetorical shift on Ukraine to Nvidia's first quarterly results since the emergence of DeepSeek, these are the stories to watch in business and finance in the coming week.

by: MSN

Numsa urges government intervention to prevent ArcelorMittal SA plant closures

Numsa demands immediate government action to halt ArcelorMittal's planned closure of its Long Steel Business, warning of severe repercussions for South Africa's manufacturing sector

by: MSN

What is JD Vance's net worth?

While the exact circumstances of Vance's childhood in Middletown, Ohio, are a matter of dispute and speculation, he certainly faced trying circumstances. His mother was addicted to painkillers and "raised her own children amid violence,

by: MSN

AstraZeneca Secures China Rights to Anemia Drug, Buying FibroGen Unit in $160M Deal

By selling its China business to AstraZeneca, FibroGen can focus on developing a prostate cancer drug and potentially resuming development of roxadustat in another indication.

by: MSN

Endava plc (NYSE:DAVA) Q2 2025 Earnings Call Transcript

Q2 2025 Earnings Call Transcript February 20, 2025 Operator: Good day, and welcome to the Endava Second Quarter and Fiscal Year 2025 Results Conference Call. All participants will be in a listen-only mode.

by: MSN

Vatican 'let down' in botched London property deal involving The Pope himself, UK Judge rules

Vatican 'let down' in botched London property deal involving The Pope himself, UK Judge rules - Secretariat of State of the Holy See agreed to buy a part-share of a former Harrods depository

by: MSN

Texas Lottery ticket sales to third-party services fuel controversy and questions about the agency's future

While the Lottery Commission says it can't regulate sales to couriers, lawmakers want changes after two major jackpots were won using those services.

by: MSN

Canadian business already feeling impact of Trump's tariff threats

President Trump is threatening a 25 percent tariff on Canadian steel and aluminum imports starting March 12. Businesses in Canada are already feeling the effects.

by: MSN

Basking Ridge Business Leader To Be Honored By Archdiocese Of Newark

Basking Ridge's Mike Henderson Jr., who serves as chief operating officer for Sims Metal in North America, will be honored for his business.

by: MSN

NetEase's Billionaire CEO Slashes Jobs and Games in Profit Push

After years of expanding overseas, video-game billionaire William Ding is hitting the brakes at NetEase Inc., the pioneering Chinese company behind hits like Eggy Party and its newest blockbuster Marvel Rivals.

by: MSN

Euro zone business activity stuck in a rut, PMI shows

Euro zone business activity saw very tepid growth in February as demand fell at a faster pace and an expansion in services barely offset a long-running decline in manufacturing, a survey showed. HCOB's preliminary composite euro zone Purchasing Managers' Index,

by: MSN

Blockchain interoperability will accelerate institutional success

In recent years, we have witnessed a significant shift in traditional finance (TradFi), as legacy institutions have begun to adopt decentralized technologies and explore strategies that include the distinct advantages of blockchain technology.

by: MSN

A free investment conference to capitalize on global trends

The 14th International Investment Forum (IIF), scheduled for February 25, will bring together 20 prospective companies in key industries to discuss their value propositions and answer questions from investors ・This year's iteration aims to address ongoing political,
  • Sat, February 22, 2025

by: CNN

Dow tumbles more than 700 points as inflation and tariff fears mount

US stock markets fell sharply Friday after an economic report showed American consumers are growing increasingly fearful of price increases and how President Donald Trump's tariffs could reignite the inflation crisis.

by: Tuko

University of Kabianga Advertises 20 Vacancies for Job Seekers

The University of Kabianga has announced 20 job vacancies, offering opportunities for both academic and non-teaching staff. The positions include lecturer roles.

by: Kiplinger

Social Security Fairness Act Adds to Pressure on Safety Net

While the law seeks to level the playing field for many federal employees, the sustainability of the Social Security system is now facing even more challenges.

by: Week99er

Qubetics Secures $13.5M as the Best Crypto Presale for 2025, While Litecoin Price Prediction Shake Up the Market

In the crypto market recent developments have captured the attention of investors and enthusiasts alike. Canary Capital's proposed Litecoin Spot ETF has been listed on the Depository Trust & Clearing Corporation (DTCC),

by: Kiplinger

Five Wins for Federal Employees in the Social Security Fairness Act

This is part one of a three-part series about making the most of the changes in Social Security benefits for federal employees brought about by the new Social Security Fairness Act (SSFA). Part two arrives on Saturday,

by: MSN

Leadership and business culture in startups: How to build a motivated team

In the dynamic world of startups, effective leadership and a strong organizational culture are crucial for success.

by: MSN

'Carol from accounts': Row erupts at Cheshire West and Chester Council meeting

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and content measurement, audience insights and product development. List of Partners (vendors)

by: MSN

After 150 Years of Friendship, the U.S. and Canada Come to Blows

Tariff threats and talk of making Canada the 51st state have unleashed rancor and instability into one of the world's most powerful partnerships

by: MSN

Local business sues city over issues related to rail development

The owners of a now-closed Chinatown shop are suing the city for damages they claim were caused by the city's public transit authority.

MercadoLibre's fourth-quarter net profit beats forecast, shares jump

Latin American e-commerce giant MercadoLibre posted a better-than-expected quarterly net profit on Thursday, up nearly four-fold from the same period a year earlier and sending its shares up more than 12% in after-hours trading.
MercadoLibre, a leading e-commerce platform in Latin America, reported a significant increase in its fourth-quarter net profit, surpassing market expectations. The company's net income for the quarter ending December 31 was $165 million, a stark contrast to a $21.6 million loss in the same period the previous year. This performance was driven by a 42% year-over-year increase in total revenue, reaching $4.25 billion, fueled by robust growth in its commerce and fintech sectors. The company's gross merchandise volume (GMV) rose by 59.3% to $13.4 billion, while its total payment volume (TPV) increased by 121% to $56.5 billion. Additionally, MercadoLibre's operating income more than doubled to $329 million, with an operating margin expansion to 7.7%. These results reflect the company's successful expansion and operational efficiency improvements across its key markets in Brazil, Argentina, and Mexico.

Read the Full Reuters Article at:
https://www.reuters.com/business/retail-consumer/mercadolibres-fourth-quarter-net-profit-beats-forecast-2025-02-20/

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