Conflicto en Oriente Próximo- 11 octubre 2025 | Centenares de miles de personas celebran en Tel Aviv el acuerdo para liberar a los rehenes con la hija y el yerno de Trump
Hull KR beat Wigan to win first Super League title
Littler to face Humphries in World Grand Prix final
Academy award-winning actress Diane Keaton dies aged 79
US court pauses National Guard deployment block
News Wrap: Trump orders Pentagon to use ‘all available funds’ to pay troops amid shutdown
Behind the Collapse of an Auto-Parts Giant: $2 Billion Hole and Mysterious CEO
BMS inks $1.5B in vivo CAR-T buyout to pull Orbital into its sphere of influence
Trump Administration Gets Partial Win in Illinois Troops Deployment
Departments Hit Hardest by Trump's Mass Layoffs—Report
Diane Keaton, Oscar-winning actor who rose to fame in 'The Godfather' and 'Annie Hall,' dies at 79
A look at the latest advances in breast cancer prevention and treatment
Trump orders Defense Dept. to issue military paychecks during shutdown - The Washington Post
Nobel Prize winner Machado says Venezuela is in 'chaos' under current regime - NPR
Weekly Market Wrap: Pepsi, Tilray and Nvidia
Author and humanitarian Mitch Albom on love, hope and second chances
Biden receiving radiation therapy for prostate cancer
'He's shouting pick me' - has Lewis played way into England's Ashes team?
Court: National Guard troops sent to Illinois by Trump can stay but can’t be deployed for now - AP News
Man Utd consider Palace's Wharton - Sunday's gossip
Hull KR beat Wigan in Grand Final to complete treble
Trump says US has a way to pay troops during shutdown - Reuters
No survivors found after Tennessee explosives plant blast
Egypt to convene global leaders, including Trump, in Sharm el-Sheikh on Gaza war agreement - Reuters
Katie Porter Videos Give California Rivals a New Opening - The New York Times
Iran says it is open to 'fair, balanced' US nuclear proposal - Reuters
'England's world-class duo put rivals on notice'
Gerrard rejects chance to return as Rangers boss
Muere la actriz Diane Keaton a los 79 años, leyenda rompedora de los tópicos femeninos y ganadora del Oscar por ‘Annie Hall’
We're grateful for what Trump is doing for peace, Nobel winner tells BBC
Hospital prepares to receive freed Israeli hostages: 'We are inventing captivity medicine' - BBC
Four killed in mass shooting after Mississippi football game
Four killed in mass shooting after Mississippi football game - BBC
C.D.C. Layoffs Included 2 Top Measles Experts Amid Rising Cases - The New York Times
Police in Oslo use tear gas amid protests at Norway v Israel World Cup qualifier - Reuters
England go top of World Cup table with comfortable Sri Lanka win
No survivors in Tennessee explosives factory blast, officials say - The Guardian
British army horse that galloped through London after being spooked gets well-deserved retirement - AP News
North Korea holds military parade, shows off new intercontinental missile - Reuters
Trump administration starts laying off thousands of workers
Anger after female journalists excluded from Afghan embassy event in India
Former US President Biden undergoing radiation therapy for cancer, spokesperson says - Reuters
Trump Fires Thousands In Shutdown Layoffs—Hitting Treasury And Health Departments Hardest: Here’s What To Know - Forbes
Wilders voorlopig niet in debat, dit weten we nu over de dreiging
Hamas presses Israel to free prominent prisoners as part of Gaza deal
China tariffs, Gazans return and the war on the left - Reuters
Sciver-Brunt hits superb 117 to reach fifth World Cup century
Watch: North Korea shows off huge missile at military parade
How John Swinney plans to put his stamp on the SNP as election looms
Corea del Norte exhibe su nuevo misil intercontinental, capaz de alcanzar Estados Unidos
Trump administration lays off dozens of CDC officials, NYT reports - Reuters
Politieke partijen gaven vlak voor verbod nog tienduizenden euro's uit op sociale media
Merz rebaja la renta ciudadana de Alemania con sanciones para quienes rechacen buscar trabajo
Andrés García-Carro, modelo a los 93 años: “Amancio Ortega me traía las camisas en bicicleta a casa”
Florence Aubenas, periodista: “Me interesa más hablar con una enfermera de urgencias que con Macron”
Katseye, el primer grupo de K-pop global nacido en un ‘reality’ y diseñado al milímetro para triunfar
“Intenté suicidarme para no ser lapidada”: así se construye la acusación contra el régimen talibán por su persecución a las mujeres
Sapa se abstiene en parte de los consejos de administración de Indra por conflicto de interés
Trump threatens China with export controls on Boeing parts - Reuters
Trump remains in 'exceptional health,' doctor says - Reuters
Tony Blair met Jeffrey Epstein while prime minister
PVV-leider Wilders schort campagne op vanwege dreiging Belgische terreurcel
Qatar to build air force facility in Idaho, US says
Les cocteleries secretes de Barcelona: de la més nova a la més emblemàtica
Plaid promises free childcare if it wins Senedd election
Swinney: No 'shortcut' to NHS wait time reduction
Government to consult on digital IDs for 13-year-olds
No plans to send UK troops to monitor Gaza ceasefire, says Cooper
Verkiezingsdebat: klassiek links tegen rechts en lege stoel Wilders
What are 'papaya rules' in Formula 1?
Duidelijke tegenstelling klimaat in doorrekening verkiezingsprogramma's
Ben Sulayem set to stand unopposed in FIA election
Farage 'stunned' ex-Wales Reform leader took bribes
What are National Insurance and income tax and what could change in the Budget?
Ricky Hatton Memorial
Google may be forced to make changes to search engine in UK
Don't force drivers to use parking apps, says RAC
Start aanpak veiligheid stations Almelo, Purmerend, Bergen op Zoom
The nation’s cartoonists on the week in politics
Eerste grote verkiezingsdebat bij NPO Radio 1, bijna alle lijsttrekkers aan het woord
Thousands more university jobs cut as financial crisis deepens
Politieke partijen willen hogere defensiekosten betalen door te korten op zorg
Oregon AG to Trump: There’s no rebellion here
Tech billionaires seem to be doom prepping. Should we all be worried?
Witness History
Universities risk sanctions over Gaza protests, watchdog says
Huge buzz but a big gamble: Battlefield 6 takes aim at Call of Duty
US kicks off controversial financial rescue plan for Argentina
Spanberger and Earle-Sears tussle over violent political rhetoric in only debate
Has the clock stopped on Swiss US trade?
Nineteen more removed to France under 'one in, one out' scheme
Sunak takes advisory roles with Microsoft and AI firm Anthropic
Five ways abolishing stamp duty could change the housing market
All Post Office Horizon victims entitled to free legal advice for first time
Tesla investigated over self-driving cars on wrong side of road
ID photos of 70,000 users may have been leaked, Discord says
Verkiezingsprogramma's doorgelicht: wat zijn de gevolgen van partijplannen?
F1: Chequered Flag
China tightens export rules for crucial rare earths
Pubs could stay open longer under licensing reforms
Water bills to rise further for millions after regulator backs extra price increases
F1 going 'overboard' by showing girlfriends - Sainz
Peilingwijzer: PVV duidelijk de grootste, lichte winst D66 en JA21
APPLE 245.27 −4.96%
Mittal 32.32 −5.83%
BAM 8.38 −1.00%
BESI 140.30 −3.51%
BERKHATH 489.13 −2.14%
BYD 109.20 −0.46%
ESSILOR 273.40 −1.65%
FAGRON 21.00 +2.94%
NVIDIA 183.16 −3.15%
SHELL 31.04 −3.27%
SAMSUNG 94,200.00 +9.53%
SOFTBANK 22,355.00 −2.66%
TMSC 1,440.00 +1.77%
TESLA 413.49 −5.74%
Investment Analysis: Americas Stock Market Overview – Week 37, 2025

The Americas equity landscape remains bifurcated between AI-led growth and rate‑sensitive defensives. Mega-cap tech continues to compound on superior margins and cash generation, fueled by an unprecedented AI infrastructure cycle and software monetization ambitions. Financials in the U.S. and Canada benefit from resilient credit and fee income, while LatAm banks and platforms show robust ROE and secular digitization tailwinds despite macro sensitivity. Energy is steady but cyclical, with cash returns balancing softer y/y comps. Staples trade on durability, though select names face margin repair and payout constraints. Against this backdrop, balance-sheet strength, pricing power, and clear paths to operating leverage are commanding valuation premia into 2026–2028.



Sector Review

Technology and Software benefit from scale economics and AI attach. Companies with broad distribution and recurring enterprise ties are positioned to monetize AI via copilots and cloud services, as seen in Microsoft’s margin structure and cash flow. Apple’s ecosystem and silicon edge provide optionality, though legal scrutiny lingers. Alphabet and Meta lean on ad resilience and AI-driven product refresh cycles, with regulatory risk a known swing factor.

Semiconductors are led by NVIDIA’s platform dominance and software stack, translating extraordinary demand into high margins and cash. Execution and policy risks exist, yet hyperscaler capex and ecosystem lock-in support durability. Intel remains a policy-backed turnaround with negative profitability and execution risk, making it highly binary relative to peers.

E-commerce and Internet platforms show improving operating leverage. Amazon’s AWS and ads underpin retail efficiency gains, while MercadoLibre compounds on logistics, fintech penetration, and category expansion across Latin America. Execution on unit economics and capex cadence remains central to sustaining premium multiples.

Payments remain structural compounders. Visa’s high margins, network effects, and low beta support steady earnings growth with limited balance-sheet risk. Regulatory changes are the key exogenous threat, but cash generation and pricing power provide buffers.

Financials exhibit solid profitability and improving sentiment. JPMorgan and Bank of America benefit from fee initiatives and scale efficiencies, though rate paths and credit normalization are watch items. In Canada, RBC’s fundamentals and capital returns screen well. In LatAm, Itaú’s ROE and conservative valuation, and Credicorp’s strong margins and cash, argue for continued compounding.

Energy is balanced between dependable cash returns and macro sensitivity. Exxon Mobil offers low-beta income with disciplined capex, whereas Petrobras and Suncor carry higher policy and operational risks. Execution on costs and portfolio discipline is crucial as product cracks and realizations normalize.

Consumer Staples are defensive with mixed momentum. Coca‑Cola’s dividend durability contrasts with PepsiCo’s near-100% payout and margin repair needs, which cap flexibility. Procter & Gamble’s margin discipline and cash conversion support steady, lower-volatility returns.

Consumer Discretionary and Retail show divergence. Walmart continues to execute on omnichannel and efficiency, while Walmex must improve earnings conversion despite healthy sales growth. Tariff and wage trends remain key cost variables.

Healthcare features low-beta, cash-generative compounders. Johnson & Johnson’s MedTech execution and U.S. capacity investments improve resilience and potential pricing durability, with tariff policy a watch item.

Industrials/Aerospace benefit from backlog visibility. Embraer’s record backlog and improving margins set a credible path to profitable growth, contingent on supply-chain stability and cost control.

Telecoms and Materials are macro-levered. América Móvil’s growth is steady but exposed to competition and regulation, while Vale’s commodity cyclicality, debt, and legal noise elevate downside risk despite solid operating margins.


TOP 5 Investment Picks

Microsoft Corp. (MSFT) combines fortress margins with a clear AI monetization roadmap. With $281.72B TTM revenue, 44.90% operating margin, $101.83B net income, and $136.16B operating cash flow, Microsoft can fund inference infrastructure and embed Copilot across Windows, Office, and developer tools. Ecosystem reach lowers customer acquisition and raises switching costs, while balance-sheet strength absorbs capex cycles. Execution risk on AI adoption exists, but high recurring enterprise relationships and demonstrated pricing power support multi‑year earnings compounding.

NVIDIA Corp. (NVDA) remains the picks-and-shovels leader of AI, pairing a 60.84% operating margin and 52.41% profit margin with accelerating hyperscaler demand and a defensible product-plus-software stack. Guidance toward $54B in Q3 and a $56.79B cash position underscore demand depth and flexibility. While volatility and policy risks persist, roadmap velocity, CUDA/software lock-in, and ecosystem breadth argue for durable cash flow growth through 2028 if supply ramps and TCO advantages are sustained.

Amazon.com, Inc. (AMZN) offers multiple engines of compounding. AWS and advertising drive high‑margin growth, while retail narrows cost-to-serve with automation and logistics density. With $670.04B TTM revenue, strengthening 11.43% operating margin, and $121.14B operating cash flow, Amazon has ample capacity to invest in AI compute, Kuiper, and grocery initiatives. If double‑digit top-line growth persists with stable or improving margins, earnings power should outpace the market, with valuation supported by improving return on capital.

Visa Inc. (V) delivers structural, lower-risk compounding via network effects, robust free cash flow, and industry-leading profitability. With $38.89B TTM revenue, a 52.16% profit margin, and below-market beta, Visa offers dependable earnings growth and capital returns without balance-sheet risk. Exogenous regulation is the key variable, yet diversification, pricing power, and secular digitization of payments provide multi‑year visibility and downside buffers.

MercadoLibre, Inc. (MELI) pairs high-growth e-commerce with a rapidly scaling fintech ecosystem across underpenetrated LatAm markets. TTM revenue of $22.38B with 37% quarterly revenue growth, complemented by 13.06% operating margin, shows operating leverage from logistics, credit underwriting, and marketplace density. Partnerships like Oxxo enhance financial inclusion and engagement. While macro and FX volatility are real, category leadership and ecosystem synergies support superior growth and expanding profitability over a three‑year horizon.

Honorable mentions: Alphabet Inc. (GOOGL) for cash generative AI optionality despite antitrust overhangs. Meta Platforms, Inc. (META) for exceptional margins and AI-driven engagement with regulatory caveats. Johnson & Johnson (JNJ) for resilient MedTech-led compounding and dividend support. Berkshire Hathaway (BRK‑B) for unparalleled balance-sheet flexibility and disciplined capital allocation. Itaú Unibanco Holding S.A. (ITUB) for high ROE with conservative valuation and low beta within Brazil’s premium franchise set.


BOTTOM 5 Investment Risks

Intel Corp. (INTC) faces a difficult turnaround with negative profitability and cash burn. Despite $53.07B TTM revenue, net income is −$20.5B and levered free cash flow is −$8.32B, with $50.76B in debt. The story hinges on policy support and execution on Xeon 6 and foundry capacity, leaving investors exposed to timing slippage, capital intensity, and potential dilution if free cash flow recovery stalls.

Petróleo Brasileiro S.A. – Petrobras (PBR) carries elevated policy and balance‑sheet risk. While TTM revenue is $496.25B and quarterly earnings growth is 48.60% y/y, the business remains highly sensitive to Brazilian regulatory dynamics and oil price volatility. High debt burdens constrain flexibility, and share price volatility alongside political interference risk can impair capital returns despite cyclical upswings.

Vale S.A. (VALE) is leveraged to commodity cycles and legal overhangs, with a recent 17.2% y/y earnings decline and a significant debt load. Strong operating margins can be eclipsed by iron ore and copper price swings, environmental liabilities, and litigation noise, limiting multiple expansion. Dividend allure can mask downside beta in a weakening macro or China demand slowdown.

Fomento Económico Mexicano S.A.B. de C.V. (FMX) shows pressured fundamentals with a 78.5% quarterly earnings decline, a thin 2.43% profit margin, and substantial debt of approximately 265.48B. While scale and category exposure offer long‑term potential, near‑term earnings repair, balance‑sheet discipline, and clearer margin trajectory are necessary before risk‑reward improves materially.

Tesla, Inc. (TSLA) blends innovation with litigation and margin pressures. TTM revenue is $92.72B, but the latest quarter saw −11.80% y/y revenue and a 6.34% profit margin amid price competition. High beta, governance controversies, and Autopilot legal risks could constrain software monetization timelines. The equity increasingly depends on autonomy and energy execution to offset auto margin compression, raising downside if milestones slip.

Watchlist risks: GMBXF (GMBXF) for OTC liquidity and governance concentration despite attractive margins. América Móvil, S.A.B. de C.V. (AMX) for regulatory and competitive pressures in telecom. Suncor Energy Inc. (SU.TO) for operational efficiency questions in a volatile crude backdrop. PepsiCo, Inc. (PEP) for a near‑100% payout ratio limiting flexibility amid margin repair needs. Walmart de México S.A.B. de C.V. (WMMVY) for earnings lag versus sales growth, requiring margin stabilization.


Key Investment Themes

AI monetization and infrastructure scale are the dominant profit pools, favoring platforms with distribution, data, and capital to fund model training and inference at scale. Companies translating AI into workflow productivity and customer engagement, while sustaining pricing power, should extend margin leadership.

Cash flow resiliency and capital allocation discipline differentiate outcomes. Firms with large, predictable operating cash flow and conservative payouts can fund capex cycles, defend margins, and return capital without stressing balance sheets, which supports premium multiples in uncertain macro conditions.

In LatAm, ecosystem effects drive compounding where penetration gaps are wide. E-commerce, fintech, and high-ROE banks with prudent risk management and strong unit economics can outgrow GDP, though FX and policy volatility require valuation discipline and staggered entry.

Cyclical and regulated sectors require selective exposure. Energy and materials offer income and optionality but are tethered to macro and policy. Banks benefit from scale and fees, yet rate paths and credit costs must stay benign. Consumer staples and healthcare anchor portfolios with lower beta, but idiosyncratic margin and litigation dynamics will shape relative returns.



This article is not investment advice. Investing in stocks carries risks and you should conduct your own research before making any financial decisions. Note also that this review per region is based only on the companies followed in this magazine (see the Stocks in the Finance section).