Second quarter revenue for the latin american e commerce company rose 57%. Their gross profit margin expanded. And shares of mikado lebra up nearly 30 % this week. Man yor gang bussers, theyre right. I think the story here is that most commerce companies reported really extraordinary results in two thousand, 22 thousand, 21 yt as a result of pandemic surge and on line shopping. People are shopping a bit less on line. So those year over your cmparisons have got a lot harder.
The U.S. private sector has added nearly 6 million jobs in the past year.
(0:30) Jason Moser and Matt Argersinger discuss: - The unemployment rate falling to 3.5% - Demand for cold beverages driving Starbucks' latest quarter - PayPal getting back to basics - MercadoLibre's blowout earnings - The latest from Cloudflare, Zillow, and Twilio
(19:45) Jason and Matt analyze Amazon buying iRobot for $1.7 billion in cash, as well as: - Simon Property Group's latest results - Uber's record revenue in the 2nd quarter - eBay's surprisingly profitable business - Two stocks on their radar: Procore Technologies and Stanley Black & Decker
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Stocks discussed on the show: SBUX, PYPL, MELI, NET, Z, ZG, TWLO, AMZN, IRBT, SPG, UBER, EBAY, CMG, HD, PCOR, SWK
Host: Chris Hill Guests: Jason Moser, Matt Argersinger Engineer: Dan Boyd
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