The Latest Breaking News from MELI

The Dow Jones dropped 200 points Tuesday on weak economic data out of China. U.S. retail sales data easily beat estimates.

As technological advancements continue to unfurl each day, certain internet stocks seem primed to skyrocket, while others may find it challenging to maintain stability. In this scenario, let’s find out whether internet stocks MercadoLibre (MELI), Travelzoo (TZOO), and ContextLogic (WISH) are worth buying, selling, or holding. Read on….

The Nasdaq broke key short-term levels Wednesday. Cathie Wood stocks were earnings movers overnight with Apple, Amazon on tap.

Uruguay-based commerce platform operator MercadoLibre (MELI) reported robust results in the first quarter. However, with the stock trading at a premium to its peers, is it worth buying this week? Let’s look at its financial metrics’ trends….

Stocks fell modestly Wednesday, but Google and CRM flashed buy signals. Meta rose as its Twitter rival, Threads, already has 10 million signups.

MercadoLibre is one of several stocks setting up just above or below buy points from a flat base, a classic bullish pattern.

PacWest Bancorp plunged on a sale report, slamming other bank stocks. Apple headlines big earnings Thursday.

The Nasdaq topped 12,000 as the market rallied ahead of the PCE inflation report. The IRS will likely cut EV credits for Tesla's entry-level Model 3.

Futures rose as bank fears ease. First Citizens will buy Silicon Valley Bank. Microsoft and Tesla are near buy points.