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**Broadcom and MercadoLibre: Q3 Investment Moves by Stanley Druckenmiller**
Billionaire investor Stanley Druckenmiller sold his entire stake in Broadcom (NASDAQ: AVGO) during the third quarter of 2023 and redirected his investments toward MercadoLibre (NASDAQ: MELI). Broadcom reported strong financial results for Q4 fiscal 2025, with revenue increasing 28% to $18 billion, driven by demand for AI semiconductors. Non-GAAP net income rose 37% to $1.95 per diluted share, and Wall Street expects adjusted earnings to grow 42% annually over the next two years.
Conversely, MercadoLibre operates the largest commerce and fintech ecosystem in Latin America, capturing 28% of the region’s online retail sales in 2024, projected to reach 30% by 2026. For Q3 2023, MercadoLibre’s revenue grew 39% to $7.4 billion, marking its 27th consecutive quarter with over 30% revenue growth. Despite some operational challenges, unique buyers in Brazil increased 29%, indicating a strong market position with significant future growth potential.
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