Yahoo Finance’s Alexandra Canal to break down Rihanna’s path to becoming a billionaire and Jeff Bezos being dethroned as the world’s richest person.
Children's entertainment and media company Genius Brands International (NASDAQ: GNUS) saw its stock price fall 14.7% in July, according to data provided by S&P Global Market Intelligence. Genius Brands' stock price is up roughly 11% year to date as of Aug. 4, trading at about $1.50 per share. For such a small company, there's been a lot of buzz around Genius Brands, which runs the free video-on-demand Kartoon Channel!
South American e-commerce giant MercadoLibre Inc on Wednesday beat analysts' estimates for quarterly revenue, as the region adapts to shopping largely online amid the pandemic. Net revenue for the second quarter ended June 30 jumped 93.9% to $1.70 billion, well above expectation of $1.48 billion, according to IBES data from Refinitiv. Revenue growth in Brazil and Mexico more than doubled, while in Argentina, where the company is based out of, it was 53%.