Latin America’s largest e-commerce and fintech firm saw profits decline for two straight quarters amid rapid expansion. MercadoLibre (NASDAQ: MELI) stock declined 16% in the first half of 2026, contrasting with strong revenue growth. The company reported a 49% year-over-ye
Hotels are expanding into dining, wellness, and retail to diversify income as occupancy rates remain unpredictable post-pandemic. Hotels are reducing reliance on room sales by investing in restaurants, wellness centers, and retail spaces to stabilize revenue. These non-roo
Tesla reported 480,126 Q2 deliveries, surpassing estimates, but investor concerns over broader EV demand weighed on the stock. Tesla delivered 480,126 electric vehicles in Q2, exceeding analyst expectations of over 400,000 and clearing prior inventory buildup. Production r
The AI infrastructure firm aims to triple its valuation to $30bn amid rising demand for cloud compute services. Crusoe, a US-based AI infrastructure and cloud compute provider, is in talks to raise approximately $3bn in a new funding round. The deal could value the company
The Swedish engineering group will supply equipment to Mexican contractor CoMinVi through 2028, including trucks, loaders, and rock bolters. Sandvik secured a Skr340m ($35.2m) order from Mexican mining contractor CoMinVi for underground mining equipment, scheduled for deli
CRWD stock climbed to $196 after splitting, reflecting investor demand for its more accessible share price. CrowdStrike (NASDAQ: CRWD) completed a 4-for-1 stock split on July 2, lowering its share price to $193 from $773 the prior day. Shareholders received four shares for
Taiwanese chip supplier Unimicron targets $1.4B in funding via global depositary shares, serving Apple and Nvidia clients. Unimicron Technology, a key supplier for Apple (AAPL) and Nvidia (NVDA), aims to raise up to $1.4B through a global depositary share offering. The com
Dow Jones, S&P 500, and Nasdaq 100 futures climb ahead of key US services sector activity report. US stock index futures edged higher in early trading, with the Dow Jones futures up 0.18% at 53,280. The S&P 500 futures rose 0.46% near 7,560, while the Nasdaq 100 futures le
Meta plans to sell excess computing power or host AI models, entering a market dominated by Amazon, Microsoft, and Alphabet. Meta Platforms (NASDAQ: META) will launch a cloud business to monetize its data center infrastructure, addressing investor concerns over high spendi
Alarum pauses NetNut services due to security incidents Alarum Technologies has initiated a temporary pause of traffic across certain NetNut Ltd. network services. This operational measure follows security incidents reported by the company on July 2 and July 3, 202
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