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D.C.— Benjamin Schiffrin, Director of Securities Policy for Better Markets, issued the following statement in connection with the open letter from Securities and Exchange Commission (SEC) Chair Paul Atkins to the Chair of the Consolidated Audit Trail (CAT) suggesting that the SEC intends to assume responsibility for the CAT:

AI is one of the defining technology priorities for B2B organizations. Marketing and sales leaders expect it to accelerate decision-making, improve buyer experiences, and drive greater operational efficiency. For IT leaders, the challenge is creating the connected data foundation that allows those technologies to deliver on their promise.

MercadoLibre, Inc. (NASDAQ:MELI) defied analyst predictions to release its quarterly results, which were ahead of market expectations. Results were good overall, with revenues beating analyst predictions by 4.3% to hit US$10b. Statutory earnings per share (EPS) came in at US$9.19, some 2.8% above whatthe analysts had expected. Earnings are an important time for investors, as…