MercadoLibre (NASDAQ: MELI), the largest e-commerce company in Latin America, nearly tripled its market capitalization in 2020 as its growth accelerated throughout the pandemic. Does that pullback represent a good buying opportunity for investors who missed out on MercadoLibre's multibagger gains over the past two decades? The bears believe that challenging year-over-year comparisons, rising expenses, aggressive competitors, and macroeconomic headwinds will limit MercadoLibre's gains this year. Read More...
Motley Fool
Amazon Challenges SpaceX in Space
Amazon (NASDAQ: AMZN) announced in November that — at long last — it’s getting ready to roll out its Project Kuiper initiative to provide broadband internet service via satellite. Thanks to the popularity of Starlink, satellite-provided broadband internet has become an idea most closely associated with SpaceX, not Amazon. In the six years since SpaceX announced plans to put a constellation of 12,000 Starlink satellites in orbit, and in the year and a half since it began opening up Starlink for beta service, Starlink has put about 1,800 operational satellites in orbit and expanded its footprint to 25 countries — and 145,000 customers — receiving satellite internet service.
