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0 0.00784916854558937 0.000447955085036739 0.000447955085036739 0.00790391861153827 0.00684873552234051 0.00684873552234051 0.0103626943005181
Stock impact report

Billionaire Stanley Druckenmiller Sells Microsoft Stock and Buys a Brilliant Stock Up 334% in 5 Years [Yahoo! Finance]

MercadoLibre, Inc. (MELI) 
Last mercadolibre, inc. earnings: 2/10 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
He closed his hedge fund years ago but now manages his own money through Duquesne Family Office. That means investors can still follow his trades. Druckenmiller a few interesting capital allocation decisions in the fourth quarter. He sold his entire stake in Microsoft (NASDAQ: MSFT) , which had been his largest holding just a year earlier. He also added to his position in MercadoLibre (NASDAQ: MELI) , now his eighth largest holding. That stock has advanced 334% in the past five years. Here's what investors should know. Microsoft is the biggest enterprise software vendor and second biggest public cloud in the world as measured by revenue. The company has invested aggressively in artificial intelligence (AI) in the hopes of exploiting its strength in those markets. That includes a projected $80 billion in data center infrastructure this year alone, and a $13 billion investment in OpenAI That spending has undoubtedly been beneficial to some degree. The OpenAI deal has made Micros Show less Read more
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