Post by account_disabled on Feb 21, 2024 22:40:58 GMT -5
Creative agency GUT will play a key role in Globant's strategy for the coming year. This acquisition will strengthen and expand its creative capabilities in several markets, including Brazil and the United Statesdfd Globant Its recent acquisition of creative agency GUT will play a key role in Globant's strategy for the coming year. This acquisition will strengthen and expand its creative capabilities in several markets, including Brazil and the United States. “Although the region has highly trained professionals, the growing demand requires a greater boost in STEM (Science, Technology, Engineering and Mathematics) education and a general improvement in English proficiency ,” said the executive. Likewise, he emphasizes that expanding outside of Latin America involves adapting to new ways of doing business, different cultures and different ways of managing relationships: “Achieving this adjustment is crucial for sustainable and scalable expansion over time.
For the businessman, overcoming these challenges is essential, because if it is achieved “there is no reason why companies from Latin America cannot Switzerland Mobile Number List lead the industry in the short term. We are facing an exciting opportunity to consolidate the region's role in the global technological scene .” The weight of Latin companies is also on Wall Street Artificial intelligence, more controlled inflation and some decisions by the Federal Reserve regarding interest rates, led the United States stock markets to register an upward momentum, with the Nasdaq Composite rising 43% at the end of 2023, the S&P gaining 24% and the Dow Jones Industrial pointing to gains of 14%.
In this panorama, some companies also stand out that have a Latin American country as their domicile territory, but whose shares are also traded in the United States, without their main operation necessarily being in this country. This, as a result of the relevance of Latin companies for Wall Street and the potential that businesses in the region have. Latin American stocks, both on their local stock exchanges and on Wall Street, have seen good performances in recent weeks. Steffania Mosquera Linares, senior associate of Equity Research at Credicorp Capital, a Credicorp Group company, said that this is explained by a couple of main factors.
The first, attractive entry points after several periods of weak valuations, also compared to valuations close to historical highs in developed markets. The second, some Latin American central banks that began their period of rate cuts ,” he noted in conversation with Bloomberg Línea . Following these results, Bloomberg Línea made a ranking of the 10 Latin American companies with the highest market value listed on Wall Street, at the end of 2023 (December 29): The 10 most valuable LatAm companies on Wall Street at the end of 2023dfd The 10 most valuable LatAm companies on Wall Street at the end of 2023 In millions of US dollars.
For the businessman, overcoming these challenges is essential, because if it is achieved “there is no reason why companies from Latin America cannot Switzerland Mobile Number List lead the industry in the short term. We are facing an exciting opportunity to consolidate the region's role in the global technological scene .” The weight of Latin companies is also on Wall Street Artificial intelligence, more controlled inflation and some decisions by the Federal Reserve regarding interest rates, led the United States stock markets to register an upward momentum, with the Nasdaq Composite rising 43% at the end of 2023, the S&P gaining 24% and the Dow Jones Industrial pointing to gains of 14%.
In this panorama, some companies also stand out that have a Latin American country as their domicile territory, but whose shares are also traded in the United States, without their main operation necessarily being in this country. This, as a result of the relevance of Latin companies for Wall Street and the potential that businesses in the region have. Latin American stocks, both on their local stock exchanges and on Wall Street, have seen good performances in recent weeks. Steffania Mosquera Linares, senior associate of Equity Research at Credicorp Capital, a Credicorp Group company, said that this is explained by a couple of main factors.
The first, attractive entry points after several periods of weak valuations, also compared to valuations close to historical highs in developed markets. The second, some Latin American central banks that began their period of rate cuts ,” he noted in conversation with Bloomberg Línea . Following these results, Bloomberg Línea made a ranking of the 10 Latin American companies with the highest market value listed on Wall Street, at the end of 2023 (December 29): The 10 most valuable LatAm companies on Wall Street at the end of 2023dfd The 10 most valuable LatAm companies on Wall Street at the end of 2023 In millions of US dollars.