Mercadolibre Inc (MELI) Stock Price Today
Cellebrite faces securities probe after missing revenue targets and sudden CEO change.
Cellebrite DI Ltd. reported second-quarter revenue below expectations and lowered its full-year guidance due to delays caused by foreign permit requirements. The company also announced an immediate CEO replacement, with Shiv Ramji taking over from To...
Marvell issues Google warrant for 58.97M shares, boosting AI chip partnership and shares jump 9%.
Marvell Technology granted Google a warrant to buy up to 58.97 million shares at $206.58 each, potentially giving Google a 6.7% stake worth about $12.2 billion. This expands their custom chip partnership focused on AI accelerators, networking, and me...
Wendy's faces buyout interest from Trian Partners consortium amid declining sales and valuable real estate assets.
Wendy's is attracting takeover interest from a consortium including Trian Partners, Flynn Group, and BlueFive Capital due to its declining US sales and operating cash flows. Despite operational challenges, Wendy's holds valuable real estate and benef...
Broadcom shares drop 5% as Marvell wins Google AI chip deal, challenging Broadcom's exclusivity.
Broadcom shares fell 5% after Marvell secured a deal to develop custom AI chips for Google, threatening Broadcom's role as Google's exclusive chip partner. Despite strong AI infrastructure growth, Broadcom's stock lags behind peers like Marvell, AMD,...
Duke Energy offers tools and aid programs to help customers manage high summer energy costs.
Duke Energy reminds customers in North and South Carolina about tools to monitor energy use and access assistance amid record-breaking July heat. Tools like Bill Insights, Usage Alerts, and Home Energy Reports help customers understand and manage the...
Nuveen Real Asset Income and Growth Fund yields 12.84% but faces sustainability concerns.
The Nuveen Real Asset Income and Growth Fund (JRI) offers a high yield of 12.84% by investing in a mix of real asset-related equities and fixed income, including REITs, utilities, and pipelines. Its portfolio is diversified with 74.5% common stocks, ...
Nvidia connects GPU users with Nordic data centers amid AI infrastructure boom
Nvidia is facilitating connections between companies that use its GPUs and data-center operators in the Nordics, a region gaining popularity for AI infrastructure due to abundant power, land, and cool climate. This move extends Nvidia's influence bey...
Hedge funds back Uber's $10B robotaxi bet amid rising autonomous vehicle competition
In Q2, major hedge funds like Pershing Square and Appaloosa increased their stakes in Uber, signaling confidence despite flat stock performance. Uber faces rising competition from autonomous vehicle (AV) leaders like Waymo and Tesla but is betting $1...
SPYI ETF shows conflicting yields due to option strategy income not counted by SEC formula
The NEOS S&P 500 High Income ETF (SPYI) reports two very different yield figures: an 11.78% distribution rate and a 0.47% SEC 30-day yield. This discrepancy arises because the SEC yield formula excludes income from option premiums, which is SPYI's ma...
Carvana shares drop over 10% amid federal probe into billionaire Mark Walter's financial dealings.
Carvana's stock fell more than 10% this week following reports of a federal investigation into billionaire Mark Walter, a minority stakeholder in the company. Authorities are examining whether Walter concealed financial relationships involving over $...
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