Why MercadoLibre (MELI) Shares Are Sliding Today

Why MercadoLibre (MELI) Shares Are Sliding Today

Shares of latin American e-commerce and fintech company MercadoLibre (NASDAQ:MELI) fell 7% in the afternoon session after investors locked in some profits amid broader macroeconomic concerns following a significant run since the start of the year. Given the absence of any company-specific update, this move was likely amplified by a general “risk-off” sentiment in the…

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China: Courts used as tools of systematic repression against human rights defenders

China: Courts used as tools of systematic repression against human rights defenders

Chinese courts are systematically weaponizing vague national security and public order laws to silence human rights defenders, Amnesty International said today in a new report exposing the judiciary’s central role in sustaining the Beijing authorities’ crackdown on fundamental freedoms. The research briefing, How could this verdict be ‘legal’?, published on China’s National Day, analyses more…

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Half of UK adults now pay on mobile

Half of UK adults now pay on mobile

Half of UK adults are now regularly paying for things by tapping their phone, new banking data suggests. A surge in the use of mobile payments via services such as Apple Pay or Google Pay has been recorded across different age groups, figures from trade body UK Finance show. “People are more comfortable leaving their…

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Why DraftKings Plunged Today | The Motley Fool

Why DraftKings Plunged Today | The Motley Fool

A combination of competitive concerns and bad economic data sent this leading sports betting site downward. Shares of sports betting and iGaming giant DraftKings (DKNG -11.37%) fell 10.2% on Tuesday as of 12:32 p.m. ET. DraftKings didn’t have any company-specific news today, but was rather affected by the success of an up-and-coming privately owned competitor….

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