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Source: Reuters News Agency
3 weeks ago
General Medium Importance
Mercado Pago unfazed by Brazil consumer debt worries as it expands credit card business

Mercado Pago unfazed by Brazil consumer debt worries as it expands credit card business

Mercado Pago, the ‌fintech arm of Latin American e-commerce giant MercadoLibre , said it remains comfortable expanding its credit card business despite the Brazilian central bank's growing concern over rising household indebtedness.

Source: Reuters
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Source: The Street News Agency
3 weeks ago
General Medium Importance
Missed the AI Boom? September Might Be Your Entry Point

Missed the AI Boom? September Might Be Your Entry Point

Nvidia was only the beginning of the AI boom, and Sylvia Jablonski argues that September's volatility could unlock the next big winners. With hyperscalers still spending aggressively and AI infrastructure expanding, the real upside may come from the overlooked trades — memory, photonics, and the companies fueling the chips.

Source: The Street
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Source: CNBC News Agency
3 weeks ago
General Medium Importance
Prediction market traders think job creation rebounded in August

Prediction market traders think job creation rebounded in August

Prediction market traders see 50-50 odds that the U.S. economy generated 50,000 jobs in August. The Dow Jones consensus estimate calls for 53,000 jobs created last month, though both economists and event contract speculators have overestimated job creation in the last two months.

Source: CNBC
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Source: ETF Trends News Agency
3 weeks ago
General Medium Importance
New Highs, Higher Yields, and a Weaker Dollar. Can All Three Persist?

New Highs, Higher Yields, and a Weaker Dollar. Can All Three Persist?

Nasdaq, S&P Post First Monthly Gain Since May Despite renewed inflation and deficit concerns, ongoing geopolitical conflict, and a hawkish tone from Chair Warsh at Jackson Hole, equities moved higher in August, supported by a rebound in mega-cap technology. The Nasdaq Composite gained 4.0% and the S&P 500 rose 2.

Source: ETF Trends
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