The Latest Breaking News from MercadoLibre

The Dow Jones rose Friday after an inflation report from the University of Michigan. Trade Desk crashed on a disappointing outlook.

The S&P 500 win streak is over, on higher Treasury yields and Fed chief Powell comments. Nvidia, Tesla fell from key levels.

The Dow Jones reversed lower Monday after last week's powerful gains. Warren Buffett's Berkshire Hathaway dropped on earnings.

The major indexes confirmed the new stock market rally, fueled by tumbling Treasury yields. Arista Networks and Palantir were earnings winners.

The rapid shift to digitalization has accelerated internet usage worldwide, providing high-growth opportunities to companies providing internet-based services. Internet stocks Meta Platforms (META) and MercadoLibre (MELI) will benefit considerably from the industry’s tailwinds. However, which of these stocks is the better buy now? Read on to find out….

The IBD SmartSelect Composite Rating for MercadoLibre stock rose from 93 to 96 Wednesday.

The market rally had a bullish session, as the major indexes reclaimed key levels. Tesla and Nvidia led stocks flashing buy signals.

The Dow Jones reversed Wednesday ahead of today's Fed minutes. Tesla stock skidded after the EV giant cut prices in China again.

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