Fevziie Ryman/iStock via Getty Images MercadoLibre ( MELI ) is making aggressive investments into its e-Commerce platform, especially with regards to boosting its fulfillment capacities, which is why the Buenos Aires-based e-Commerce enterprise reported its fastest top line growth in four years in Q1 '26. However, shares have sold off so far this year as well, losing 17% in 2026 and dropping to ne...
Fevziie Ryman/iStock via Getty Images MercadoLibre ( MELI ) is making aggressive investments into its e-Commerce platform, especially with regards to boosting its fulfillment capacities, which is why the Buenos Aires-based e-Commerce enterprise reported its fastest top line growth in four years in Q1 '26. However, shares have sold off so far this year as well, losing 17% in 2026 and dropping to new 1-year lows, as investors worry about growing margin pressure for MercadoLibre. While MercadoLibre's margin trend creates short- and medium-term challenges for the company, investments in scale and fulfillment capabilities should ultimately benefit the e-Commerce platform and lead to higher sales. In my opinion, MercadoLibre's shares have fallen too far, and I see an attractive contrarian engagement opportunity here for investors that want to bet on growing e-Commerce volumes in the rapidly expanding Latin American market. Data by YCharts Previous Rating I recommended MercadoLibre as a 'Buy ' in December 2025 amid growing e-Commerce sales in Latin America as well as the fact that the company integrated its own Fintech operations into its e-Commerce marketplace, leading to significant synergies and expansion potential: Strong Fintech Upside In 2026 . In the first quarter, MercadoLibre was weighed down by heavy investment activity, which investors are currently not rewarding. However, with the total addressable market in Latin America continuing to grow, MercadoLibre is a top long-term growth play for investors that want to look past short-term margin headwinds. Margin Pressures Create Engagement Opportunity MercadoLibre reported overall strong results for its first fiscal quarter in May, with the e-Commerce company benefiting from strong transaction growth in its core markets Brazil, Mexico, and Colombia. In Q1'26, MercadoLibre achieved 49% year-over-year growth in its top line, showing the fastest growth in almost four years. MercadoLibre is rapidly growing its gross merc...
格隆汇6月4日｜美伊冲突对石油市场的冲击仍在不断加剧，由于霍尔木兹海峡迟迟无法开放，全球石油供应继续受阻，美国石油库存已降至二十年来的最低水平。美国政府周三公布的数据显示，上周美国原油和汽油等石油产品的总库存减少了1060万桶，至15.7亿桶，为2004年以来的最低水平。 前白宫顾问、Rapidan Energy Group总裁警告，除非霍尔木兹海峡重新开放油轮通行，否则今年夏天油价可能会达到每桶...
格隆汇6月4日｜美伊冲突对石油市场的冲击仍在不断加剧，由于霍尔木兹海峡迟迟无法开放，全球石油供应继续受阻，美国石油库存已降至二十年来的最低水平。美国政府周三公布的数据显示，上周美国原油和汽油等石油产品的总库存减少了1060万桶，至15.7亿桶，为2004年以来的最低水平。 前白宫顾问、Rapidan Energy Group总裁警告，除非霍尔木兹海峡重新开放油轮通行，否则今年夏天油价可能会达到每桶200美元。他指出，石油价格上涨带来的风险已经蔓延到经济和金融体系的其他部门，这将引爆更广泛的经济和金融体系中的问题。
More than 20 people were injured in a traffic accident involving two public buses and a truck in Hong Kong’s New Territories, temporarily closing an arterial road on Thursday morning. A minibus, a double-decker bus and a truck collided on Fanling Highway at around 8am, trapping the minibus driver, who was later rescued by firefighters. Photos from the scene show the front of the Route 44A minibus,...
More than 20 people were injured in a traffic accident involving two public buses and a truck in Hong Kong’s New Territories, temporarily closing an arterial road on Thursday morning. A minibus, a double-decker bus and a truck collided on Fanling Highway at around 8am, trapping the minibus driver, who was later rescued by firefighters. Photos from the scene show the front of the Route 44A minibus, which plies between Sheung Shui and Tuen Mun, severely crushed. Police said 18 passengers on the...
Earnings Call Insights: Five Below, Inc. (FIVE) Q1 2027 Management View “For the first quarter, we are reporting results that exceeded our expectations with sales growth of nearly 33% to $1.3 billion, driven by 23% comp growth and strong new store performance, including 49 net new stores that opened during the quarter.” (President, CEO & Director Winifred Park) “The comp growth was disproportionat...
Earnings Call Insights: Five Below, Inc. (FIVE) Q1 2027 Management View “For the first quarter, we are reporting results that exceeded our expectations with sales growth of nearly 33% to $1.3 billion, driven by 23% comp growth and strong new store performance, including 49 net new stores that opened during the quarter.” (President, CEO & Director Winifred Park) “The comp growth was disproportionately driven by transactions up 19% with ticket up 4%... This reinforces what we’ve consistently said, our strategy is not reliant on a single product or trend, but rather driven by a full assortment of products at great relative value.” (President, CEO & Director Park) “Identifying and capitalizing on trends is a core and growing capability at Five Below... from detecting a burgeoning trend to amplifying it in social to creating an amazing in-store experience, that’s our special sauce.” (President, CEO & Director Park) “For the first quarter, net sales increased nearly 33% to $1.3 billion, supported by a strong comparable sales increase of approximately 23%... Q1 represented our fifth consecutive quarter of positive comp sales growth and fourth straight of double-digit growth.” (CFO & Treasurer Daniel Sullivan) “Inventory was $813 million at the end of the first quarter... The increase in inventory reflects both opportunistic buying during this favorable tariff environment and taking the appropriate steps to ensure seamless flow of product amidst a more challenging global supply chain environment.” (CFO & Treasurer Sullivan) Outlook “For the second quarter... we now expect total sales in the range of $1.18 billion to $1.2 billion... with comparable sales growth between 7% and 9%.” (CFO & Treasurer Sullivan) “Adjusted diluted earnings per share at the midpoint is expected to be $1.23 compared to $0.81 last year.” (CFO & Treasurer Sullivan) “For the full year... Full year sales are expected to be in the range of $5.4 billion to $5.48 billion... and comparable sales growth is e...
Iron ore fell to a two-month low, extending this week’s losses as rising supply and soft seasonal steel demand weighed on sentiment. Futures of the steelmaking ingredient declined as much as 1.1% to $102.50 a ton in early Asian trading, touching their lowest intraday level since April 14 and heading for the lowest close since March. Rising global iron ore shipments are colliding with summer off-se...
Iron ore fell to a two-month low, extending this week’s losses as rising supply and soft seasonal steel demand weighed on sentiment. Futures of the steelmaking ingredient declined as much as 1.1% to $102.50 a ton in early Asian trading, touching their lowest intraday level since April 14 and heading for the lowest close since March. Rising global iron ore shipments are colliding with summer off-season steel demand, contributing to an increasingly oversupplied market in China. At the same time, a strong rally in coking coal has begun to squeeze steelmaking margins, reducing support for iron ore prices. Gains in coking coal mean “a downward correction in iron ore is needed to restore a profit balance,” said Yu Dian, principle researcher at Citic Futures Co. , based in Shanghai. Easing oil prices could also push freight rates lower, removing one of the key supports for iron ore since the war in the Middle East began. Meanwhile, traders said they expect limited market impact from hitches to long-term contract talks between China Mineral Resources Group Co, and Fortescue Ltd. CMRG has instructed some mills to check the quality of the miner’s low-grade product, Fortune Fines, which has yet to be shipped. Singapore iron ore futures fell 1.1% to $102.55 a ton at 10:32 a.m. local time. Yuan-priced futures on the Dalian Exchange declined as much as 1%.
audioundwerbung/iStock via Getty Images Introduction I haven't been particularly bullish on NuScale Power Corporation ( SMR ) since I initiated coverage back in late 2024, and in mid-March, I reiterated my sell rating for the second straight time. In my previous analysis, there were signs that commercialization was still distant and cash burn was surging. Meanwhile, the valuation seemed speculativ...
audioundwerbung/iStock via Getty Images Introduction I haven't been particularly bullish on NuScale Power Corporation ( SMR ) since I initiated coverage back in late 2024, and in mid-March, I reiterated my sell rating for the second straight time. In my previous analysis, there were signs that commercialization was still distant and cash burn was surging. Meanwhile, the valuation seemed speculative. As of this writing, the stock has actually seen gains of 3% since the publication of that article, but the S&P 500 has gained more than 12% over this period. Therefore, investors could have simply bought a safe index fund and outperformed a risky pre-commercialization nuclear play. Nonetheless, with the company having reported earnings back in May , today I'll be providing an update to see if there is opportunity now. Seeking Alpha Executive Summary In the below analysis, it is shown that commercialization remains distant as progress seems sluggish. Furthermore, competition in the nuclear energy space is ramping up with Oklo ( OKLO ) securing a significant agreement. While NuScale's capital position remains decent now, things may get worrying if operational cash flows don't turn positive by the end of the year like they expect. Since they are essentially a pre-revenue company, the valuation is very hard to analyze, but given their current position, I would say that a market cap of $5.1 billion is speculative. Therefore, I have decided to reiterate my sell rating at this point. Disappointing Commercialization Timeframe TVA and ENTRA1 Energy have maintained their plan to deploy 6 GWe of nuclear capacity using NuScale Power Modules, but there have been limited updates shared. ENTRA1 is reportedly set to receive capital from the U.S.-Japan Framework Agreement "to help supply large-scale baseload power infrastructure" but really there doesn't seem to be a concrete timeframe for when capacity will come online. Separately, for their RoPower Project, there has also been very lim...
Never miss an episode. Follow The Bloomberg Australia Podcast today. Fresh polling has delivered one of the biggest political shocks in decades: Pauline Hanson’s One Nation is now Australia’s most popular party, overtaking Labor and the Coalition on primary vote. The surge comes amid growing voter frustration over cost-of-living pressures, higher interest rates and a budget that many Australians f...
Never miss an episode. Follow The Bloomberg Australia Podcast today. Fresh polling has delivered one of the biggest political shocks in decades: Pauline Hanson’s One Nation is now Australia’s most popular party, overtaking Labor and the Coalition on primary vote. The surge comes amid growing voter frustration over cost-of-living pressures, higher interest rates and a budget that many Australians feel has done little to ease household strain. On this episode, Rebecca Jones speaks with Bloomberg Economy and Government Editor Michael Heath about what’s driving One Nation’s rise, whether it reflects a broader shift in Australian politics, and what it means for Labor and the Coalition. Is this a temporary protest vote, or the beginning of a fundamental political realignment? Read more: Australia Populist Party Surges to Poll Lead as Budget Struggles Further listening: What the Budget Means for Rates Listen and follow The Bloomberg Australia Podcast on Apple , Spotify , YouTube or wherever you get your podcasts. Terminal clients: Run {NSUB AUPOD } on your desktop to subscribe. And for a daily wrap of the business, finance and economic stories that matter to Australians, from Bloomberg's reporters around the globe, sign up to our free Australia Briefing newsletter. Here is a lightly edited transcript of the conversation: Rebecca Jones: Hello, I'm Rebecca Jones, and this is the Bloomberg Australia Podcast, where we take you inside the biggest stories defining Australia's place in global business. This week: One Nation. Pauline Hanson is now the leader of Australia's most popular political party. Fresh polling points to a voter backlash against Labor's tax reforms as One Nation becomes the nation's most popular party. One Nation was formed almost 30 years ago, and for much of that time the party has been seen as a political outsider. But a new poll this week puts it ahead of Labor and the Coalition as Australia's most popular party. So is this a fleeting expression of voter ...
Market Snapshot USD/INR ₹95.71 +0.5% Nifty 50 Index 23,405.60 -0.3% India 10-Year Bond Yield 7.02% +0.01 Spot Gold ($/oz) $4,460.01 +0.6% S&P 500 Futures 7,536.75 -0.5% Market data as of 08:07 AM IST, Jun. 4, 2026, or the previous close for Indian markets. Data is subject to provider delays. Good morning... I’m Rajesh Mascarenhas in Mumbai, with your pre-open market briefing for Thursday. Artifici...
Market Snapshot USD/INR ₹95.71 +0.5% Nifty 50 Index 23,405.60 -0.3% India 10-Year Bond Yield 7.02% +0.01 Spot Gold ($/oz) $4,460.01 +0.6% S&P 500 Futures 7,536.75 -0.5% Market data as of 08:07 AM IST, Jun. 4, 2026, or the previous close for Indian markets. Data is subject to provider delays. Good morning... I’m Rajesh Mascarenhas in Mumbai, with your pre-open market briefing for Thursday. Artificial intelligence continues to bedevil Indian equities. On one hand, the market is missing out on the world’s hottest investment theme because it lacks homegrown AI champions. On the other, rapid advances in the technology are threatening India’s software-export model. Investor anxiety was on display once again as IT services shares tumbled on Wednesday (more on that below). A gauge of the sector reversed a gain of more than 4% from a day earlier, when investors cheered Nvidia CEO Jensen Huang’s comments dismissing concerns that AI would disrupt the industry. Overnight weakness in Infosys and Wipro ADRs points to more pain ahead for the segment today. The selloff in IT shares also dragged the Nifty lower, with the benchmark capping its fifth decline in six sessions. It now trails a broader gauge of Asian stocks by about 33 percentage points this year. Traders have plenty to digest before the weekend. India could announce steps as soon as this week to attract more foreign investment by cutting taxes and easing ownership caps on some bonds. Attention will then turn to the central bank’s rate decision on Friday. On the geopolitical side, Israel and Lebanon agreed to implement a ceasefire , provided Hezbollah halts hostilities. In today’s newsletter, we cover: Winners from the data-center boom Energy earnings come under pressure Building materials lose momentum But first, the IT stock’s roller-coaster ride isn’t over. Markets Buzz: IT’s Wild Ride As worries over AI-fueled disruption unsettle investors, software stocks are seeing their sharpest swings since the pandemic. On Wednes...
(RTTNews) - Indian shares are seen opening on a sluggish note Thursday as Iran jitters persist and a broader rally in global chipmaking stocks ran out of steam.
(RTTNews) - Indian shares are seen opening on a sluggish note Thursday as Iran jitters persist and a broader rally in global chipmaking stocks ran out of steam.