A wave of violence has erupted in Mexico following the killing of the longtime leader of the Jalisco New Generation Cartel (CJNG) on February 22.In a coordinated military raid with the support of U.S. Intelligence, Mexican forces killed Nemesio "El Mencho" Oseguera Cervantes. Within hours, cartel gunmen torched vehicles, erected roadblocks across roughly 20 states, and launched attacks on civilian and security infrastructure.The removal of a cartel boss rarely ends violence in Mexico. It often accelerates i ...

Visa Inc. (NYSE:V) is consolidating or trading sideways on Wednesday. But it may soon go into a new uptrend.As you can see on the chart, Visa is at a very well-defined support level. Some stocks head higher after they stop falling at support levels. This is why it is our Stock of the Day.Support is a price, or price range, in a market where there is a large amount of buy interest. It could be from institutional traders and investors or retail traders and investors. It is impossible to know, but the good thi ...

Credit: Marc Randolph(co-Founder and first CEO of Netflix) with Anna Tutova(Founder AI Crypto Minds).The serial entrepreneur and first CEO of Netflix reflects on the streamer’s seismic Warner Bros. Discovery acquisition, the founder’s mindset and why AI is the ultimate startup weapon.Warner Bros. Discovery’s board said Tuesday that Paramount Skydance’s revised $31-per-share offer could reasonably be expected to lead to a superior proposal, marking the first time the company has formally acknowledged the riv ...

Larimar Therapeutics Inc (NASDAQ:LRMR) shares are jumping on Wednesday after multiple analysts reiterated their bullish outlook.Larimar Therapeutics stock is at critical resistance. What’s behind LRMR new highs?Citigroup's Samantha Semenkow kept her Buy rating and raised her price target from $12 to $14, and Wedbush's Laura Chico reaffirmed her Outperform rating with an $11 target.FDA Grants Breakthrough Designation To Larimar’s NomlabofuspLarimar Stock Soars Year-Over-YearOver the past year, Larimar has se ...

MercadoLibre Inc (NASDAQ:MELI) shares are trading lower on Wednesday after it reported fourth‑quarter earnings that fell short of expectations, even though revenue came in ahead of estimates. MercadoLibre stock is among today’s weakest performers. What’s pressuring MELI stock?The miss prompted analysts at BTIG, Wedbush and Barclays to trim their price targets, adding pressure to the stock.Earnings Miss Overshadows Strong RevenueThe company posted earnings of $11.03 per share, below the $11.59 analysts were ...

BofA Securities analyst Justin Post reiterated a Buy rating on Amazon.com Inc (NASDAQ:AMZN) and kept his $275 price target, arguing that Amazon Web Services‘ aggressive capacity expansion could drive upside despite near-term concerns around AI spending. • Amazon.com stock is holding steady today. Where are AMZN shares going?AWS Capacity Buildout Gains MomentumPost noted AWS doubled power capacity since 2022 and added 3.9 gigawatts in 2025 (including 1.2 gigawatts in the fourth quarter).The analyst said Amaz ...

Earnings SnapshotThe apparel company reported adjusted earnings per share of 48 cents, beating the analyst consensus estimate of 47 cents.Quarterly sales of $753.7 million, up 29.4% year-over-year, missed the Street view of $753.9 million.Adjusted income from operations declined to $50.9 million from $52.6 million a year ago quarter.The company ended the quarter with 399 company-operated brick-and-mortar retail stores, including 98 outlets, as well as seven e-commerce websites and 133 company-operated conce ...

Key TakeawaysDingdong's decision to sell its domestic operations to Meituan highlights the brutal reality of China's instant commerce price warsIndia's rejection of a Chinese private equity investment in an Italian firm signals a new era of global protectionism over advanced technologyImage Credit: Bamboo WorksIn this kind of business, it's all about scale. To grow market share, companies offer incentives and cut prices, prompting their rivals to jump in and do exactly the same. We've seen similar price war ...

Two ETF issuers are joining the trend of bringing politics to the trading floor.Bitwise and GraniteShares are seeking regulatory approval to launch ETFs linked directly to the outcomes of upcoming U.S. elections, marking another step in the expansion of prediction market-style investing. • DraftKings stock is showing upward movement. Why are DKNG shares climbing?Bitwise, through its PredictionShares lineup, has filed for six ETFs proposed for listing on NYSE Arca. According to its prospectus, the funds aim ...

Earnings SnapshotNet sales rose 10.9% to $20.584 billion from $18.553 billion and exceeded the $20.334 billion analyst estimate.During the quarter, the company recognized $149 million in pre-tax expenses associated with the acquisitions of Foundation Building Materials (FBM) and Artisan Design Group (ADG), which impacted reported results.Excluding these expenses, adjusted diluted EPS increased 2.6% to $1.98 from $1.93 a year earlier and beat the $1.94 analyst estimate.The company has issued its fiscal 2026 ...