Amazon Mexico’s Decade of Success and Growth
Amazon Mexico is in celebration mode as they mark a decade of providing service in the country. Starting as an online bookstore, it has now become the premier internet marketplace.
Since its launch in 2015, Amazon has invested approximately 145 billion Mexican pesos and plans to continue growing. They boast of strengthening communities, generating employment, and contributing to digital transformation.
Moreover, the company’s stock listed on New York has had a good year, rising 13% and valuing the company at 2.6 trillion US dollars, a lucrative business.
GAP’s Traffic Decline Due to Hurricane Melissa
Grupo Aeroportuario del Pacífico (GAP), which manages airports in Mexico and Jamaica, reported an 0.8% drop in passenger traffic primarily due to the effects of Hurricane Melissa in the Caribbean.
On Monday, GAP’s stocks fell 1.17% to 393.74 pesos per share.
GAP, which also operates the Guadalajara airport, reported that its monthly traffic decline over a year was due to decreased international traffic. This segment dropped 5.2%, its worst decline since April 2024 when it fell 10%.
In Jamaica, Montego Bay airport traffic decreased by 17.6%, and Kingston by 13% due to Hurricane Melissa’s impact, according to GAP’s statement.
Aeroméxico Expands Operations in Europe
Aeroméxico, the airline that recently listed on the Mexican Stock Exchange, announced it will broaden its horizons.
The airline will increase operations in Europe and open two new routes to Barcelona and Paris. These new routes will commence operation in spring 2026.
Aeroméxico will operate a new route with six weekly flights connecting Mexico City to Barcelona, Spain, starting March 28, 2026. It will also operate a route with three weekly flights between Monterrey and Paris, France’s capital, starting April 13, 2026.
With these routes, Aeroméxico will increase its seating capacity to Europe by 11% compared to 2024 levels. The Mexico City-Barcelona route will offer over 3,000 weekly seats, while Monterrey-Paris will add more than 1,500 weekly seats.
UBS Predicts S&P 500 to Reach 7,500 Points by 2026
UBS, an investment bank, forecasts that the S&P 500, which includes the 500 largest U.S. companies, will close 2026 at 7,500 points, driven mainly by Artificial Intelligence (AI).
UBS Global Research stated on Monday that the Wall Street rally fueled by AI will extend until 2026, setting the S&P 500 index at 7,500 points, betting on robust corporate earnings and tech sector gains.
The benchmark index is nearing the 7,000-point mark. It closed at 6,832.47 points on Monday, driven by investor optimism surrounding AI, corporate earnings, and expectations of lower interest rates. Tech giants like Nvidia, Microsoft, and Alphabet are driving the rally, with AI-related spending pushing record capital expenditure.
