Yahoo · Oct 31, 2026
Key TakeawaysMercadoLibre stock fell 10% in a week, mostly on Monday, after Lula’s surprise win in Brazil’s runoff sank Brazilian stocks, Nu Holdings among them. The worry is currency risk: a weaker real shrinks what MercadoLibre’s Brazilian sales are worth in dollars.
Yahoo · Oct 31, 2026
MercadoLibre is following the path of one of the "Magnificent Seven" stocks, and its smaller size should lead to higher percentage growth.
Yahoo · Oct 30, 2026
MercadoLibre (MELI) closed at $1 in the latest trading session, marking a -2.14% move from the prior day.
Yahoo · Oct 30, 2026
Nu Holdings shares plunge 20.5% following Brazil's election despite strong revenue growth. Can its operating momentum offset credit and currency risks?
Yahoo · Oct 30, 2026
Michael Burry just took a 6% position in a heavily shorted mall retailer that Wall Street has written off as a relic, and his argument for why the bears are completely wrong centers on a competitive advantage most analysts cannot even see.