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2023-11-20 16:30:19 ET Summary MercadoLibre reported Q3 earnings with a double beat on GAAP EPS and revenue, leading to a 4% increase in stock price. The company saw strong growth in income from operations, total revenue, and gross merchandise volume. Mercado Pago, the company...
2023-11-20 12:51:24 ET Summary MercadoLibre is building a comprehensive digital ecosystem in Latin America and has the potential to become a "super app" for the region. The company's Q3 earnings showed impressive growth and profitability, with net revenues reaching $3.8 billion. ...
2023-11-20 11:42:18 ET Summary BABA's prospects remain excellent, with its two growth drivers, the cloud and e-commerce segments, continuing to deliver impressive numbers despite the slowing Chinese economy. The recent summit between Biden and Xi is likely to thaw market sentiment...
Shares of MercadoLibre, Inc. (NASDAQ: MELI) traded at a new 52-week high today and are currently trading at $1,226. So far today, approximately 427.16k shares have been exchanged, as compared to an average 30-day volume of 307.59k shares. MercadoLibre, Inc. operates online commerce platforms ...
2023-11-16 13:33:22 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips After the impressive October Consumer Price Index report, it is time to double down on growth stocks . In the third quarter, they performed poorly as yield rose. However, now that yields ar...
2023-11-16 06:45:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Finding potential trillion dollar stocks is paramount as the US confronts an economic future with spending and debt crisis in Congress. Due to a $1.7 trillion gap in 2023 and federal debt expec...
2023-11-15 07:15:00 ET Summary SaltLight Capital Management started in 2015 and has grown tremendously, with assets under management doubling each year. Our investment process is continuously evolving. SaltLight takes a long-term approach to investing, focusing on the durable stre...
2023-11-15 01:56:28 ET Summary Baillie Gifford's 13F portfolio value decreased from ~$118B to ~$110B this quarter. The top three holdings in the portfolio are MercadoLibre, NVIDIA, and Tesla. There were stake increases in companies such as PDD Holdings, Coupang, and BeiGene, a...
2023-11-12 11:00:00 ET In this video, I will be talking about MercadoLibre 's (NASDAQ: MELI) recent earnings report and why it might be the best stock to own right now. *Stock prices used were from the trading day of Nov. 9, 2023. The video was published on Nov. 12, 2023. ...
2023-11-11 08:15:00 ET Amazon is one of the most closely followed stocks on the market, and for good reason. It has been one of the best stocks to own ever -- if you bought early enough and held on through the ups and downs. Amazon still has plenty to offer investors, and it's a cla...
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2024-07-15 03:02:00 ET Investors in Mercadolibre Inc (NASDAQ: MELI) , a leading e-commerce company in Latin America, have had a great time as the stock appreciated by more than 160% in the last five years. Solid growth in its e-commerce and fintech businesses has been the main d...
2024-07-14 12:20:00 ET There's a clear heavyweight advertising champion in Latin America, and it's not even particularly close: MercadoLibre (NASDAQ: MELI) is trouncing Amazon (NASDAQ: AMZN) in this category. One research group predicts the former's advertising business will...
2024-07-13 08:00:00 ET The easiest way to build wealth is to persistently buy shares of growing companies in the stock market and be patient. There is a high correlation between a company's growth and its stock's performance over many years. And that's why these fool.com contributor...