$MELI Mercado Libre beat earnings and revenue estimates in Q4.
• EPS: $12.61 vs. $7.90 est.
• Revenue: $6.06B vs. $5.88B est.
The stock is +13.3% after-hours.
Key takeaways:
+ Commerce revenue: +44% YoY
+ Fintech revenue: +29% YoY
+ Total payment volume: +33% YoY
+ Annual unique buyers: 100M+

Pat Dorsey is a well reverred investor, managing almost $1Bn, his key philosophy is finding deep economic moats and companies with sustainable competitive advantage.

His portfolio updates for last quarter of 2024 are below.

A very concentrated portfolio, and reduced Meta sizeably

Warren Buffet’s Berkshire Hathaway updated their portfolio for Q4 2024

Have $267bn worth of assets under management.

Some key highlights are as following:

⚫️ No movement on $AAPL, now their largest holding (26% or more than one fourth of portfolio)

$CVS beats earnings estimate

🟢 Earnings per share: $1.19 per share adjusted vs. 93 cents per share expected

🟢 Revenue: $97.71 billion vs. $97.19 billion expected

Shares rose more than 6% in premarket trading.

Analyst changed ratings for following (always take it with a pinch of salt),

$MCD ( Mcdonald’s)
🟢Morgan Stanley; $336 ➡️$340

$CVS ( CVS Health Co)
🟢Wolfe Research; $67 ➡️ $70

$WMT (Wall Mart)
🟢Truist Financial $98 ➡️ $111

$ALAB ( Astera Labs)
🟢Craig Hallum $105 ➡️$125
( do your own research)

David Tepper who is a super investor with annualised gross returns in excess of 28% Since 1993 (c. 32 years), and last 10 years returns of approximately 181%, revealed his last quarter’s trades (ending 31 Dec), and biggest moves are as followings:

I have created this map of 5 main stages of Inference AI value chain, and what role does different companies play at which stage of value chain, to my own surprise ( or maybe not so much) few names keep recurring ($NVDA, $GOOG, $AMZN), have a look at deep dive‬

open.substack.com/pub/stockcro...