Good MorningEquity markets advanced on Thursday following better-than-expected earnings from big tech names Microsoft and Meta. The news affirms the AI spending outlook, sending shares of their stock up by 8% and 5%, respectively. The S&P 500 advanced more than 1% on the news and will likely continue to advance as the earnings season progresses. The critical report is expected from NVIDIA in about a month and will likely be strong, given the current results from tech companies.
On the economic front, the weekly initial jobless claims figure surged unexpectedly to over 240,000. However, even at 240,000, the initial jobless claims figure is low, historically speaking, and trending at levels aligning with healthy labor markets and economic expansion. The risk is that claims will continue to rise over the coming weeks, leading to increased unemployment. Next week's hurdles are the FOMC, the policy statement, and the outlook for interest rate reduction. Featured: Elon Reveals Why There Soon Won’t Be Any Money For Social Security (Colonial Metals) 
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Palantir Technologies Inc. (NASDAQ: PLTR) will report earnings after the market closes on May 5. This will be one of the most closely watched earnings reports for bulls and bears alike. And each group of investors will be looking for reasons to support their case.
If you’re bullish on Palan... Read the Full Story |
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Markets | | Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business Read the Full Story |
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Markets | | When the stock market was climbing in January 2024, Donald Trump knew exactly who deserved credit: He did. Nearly a year before his return to the White House, he declared on his Truth Social platform that investors were celebrating his lead in the polls against President Joe Biden.When the stock mar... Read the Full Story |
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From Our PartnersWhile everyone's distracted by Bitcoin's moves, a stealth revolution is underway.
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Stocks | | Stocks rose in morning trading on Wall Street Friday following a stronger-than-expected report on the U.S. job market.The S&P 500 gained 1.3%, putting the index on track for a ninth straight day of gains. The Dow Jones Industrial Average rose 449 points, or 1.1%, as of 11:06 a.m. Eastern. The Na... Read the Full Story |
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Markets | | Exxon Mobil’s first quarter profit slumped to the lowest level in years, stung by weaker crude prices and higher costs. The oil and gas giant earned $7.71 billion, or $1.76 per share, for the three months ended March 31. It earned $8.22 billion, or $2.06 per share, in the year-ago period.The results... Read the Full Story |
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From Our PartnersA new technology has sparked a modern-day gold rush in Silicon Valley. OpenAI’s Sam Altman invested $375M. Bill Gates has backed four companies in this space. The World Economic Forum calls it “the most exciting human discovery since fire.”
Whitney Tilson believes this trend could mint a new class of wealthy investors—and he’s sharing one stock to watch now, for free. | | Gates and Altman are betting big—see why |
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Shareholders in Meta Platforms (NASDAQ: META), one of the renowned Magnificent Seven stocks, just got a bout of good news. Meta’s Apr. 30 earnings impressed markets, resulting in shares rising over 4% the day after. Due to Microsoft’s (NASDAQ: MSFT) arguably more impressive earn... Read the Full Story |
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Markets | | Amazon posted higher first-quarter profit and sales that beat analysts’ projections, underscoring the online behemoth’s hold on shoppers looking for low prices and a wide selection in an uncertain economy Read the Full Story |
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Amazon.com Inc. (NASDAQ: AMZN) reported a strong first quarter after Thursday’s close, with results that came in ahead of expectations across all headline metrics. Revenue rose nearly 9% year over year to $155.7 billion, beating by $580 million, while GAAP EPS of $1.59 beat by $0.23.
Yet ... Read the Full Story |
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Despite gold hitting its huge milestone of $3,000 per ounce, several analysts are calling for gold to hit an even more monumental level: $4,000. Analysts at JPMorgan and Goldman Sachs see gold getting to $4,000 by mid-2026. Ed Yardeni at Yardeni Research is calling for the asset to reach this leve... Read the Full Story |
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U.S. Treasury yields remain elevated after a spike following President Trump's tariff announcements earlier this year. With long-term Treasury yields still close to multi-year highs, investors are tempted to pivot away from stocks in favor of the bond market at this time. The benefits could compou... Read the Full Story |
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Friday's Early Bird Stock Of The Day MercadoLibre, Inc. operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps. The company also offers Mercado Fondo that allows users to invest funds deposited in their Mercado Pago accounts; Mercado Credito, which extends loans to certain merchants and consumers; and Mercado Envios logistics solution that enables sellers on its platform to utilize third-party carriers and other logistics service providers, as well as fulfillment and warehousing services for sellers. In addition, it provides Mercado Libre Classifieds, an online classified listing service, where users can list and purchase motor vehicles, real estate, and services; Mercado Ads, an advertising platform, which enables large retailers and brands to promote their products and services on the web; and Mercado Shops, an online storefronts solution that enables users to set-up, manage, and promote their own digital stores. The company was incorporated in 1999 and is headquartered in Montevideo, Uruguay. | Should I Buy MercadoLibre Stock? MELI Bull and Bear Case Explained
These insights were generated using artificial intelligence. They are based on proprietary MarketBeat data, news articles, and custom LLM A.I. algorithms. This analysis of MercadoLibre was last updated on Friday, May 02, 2025 at 1:05 AM.
MercadoLibre Bull Case -
MercadoLibre, Inc. operates a comprehensive online commerce platform, which includes the Mercado Libre Marketplace and Mercado Pago, providing a robust ecosystem for digital transactions and e-commerce growth.
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The company has recently expanded its financial technology offerings, including Mercado Credito, which extends loans to merchants and consumers, potentially increasing revenue streams and customer loyalty.
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As of now, the stock price of MercadoLibre, Inc. is competitive, reflecting strong market interest and investor confidence in its growth potential.
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Mercado Envios logistics solution enhances seller capabilities by utilizing third-party carriers, improving delivery efficiency and customer satisfaction, which can lead to increased sales.
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With the rise of e-commerce, MercadoLibre, Inc. is well-positioned to capitalize on the growing trend of online shopping, especially in Latin America, where it has a strong market presence.
MercadoLibre Bear Case -
Intense competition in the e-commerce and fintech sectors could pressure margins and market share, as new entrants and established players vie for dominance.
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Regulatory challenges in various markets, particularly in financial services, could impact the operational flexibility and growth strategies of MercadoLibre, Inc.
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Market volatility can affect stock performance, and any downturn in the broader market could lead to declines in MercadoLibre, Inc.'s stock price.
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Dependence on the Latin American market exposes the company to regional economic fluctuations, which could adversely affect its financial performance.
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Investors may be concerned about the sustainability of growth rates, as rapid expansion can lead to operational challenges and increased costs.
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