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Determining the Fair Value of MercadoLibre, Inc. (NASDAQ:MELI)

Determining the Fair Value of MercadoLibre, Inc. (NASDAQ:MELI)

MercadoLibre: An Evaluation of Intrinsic Value Using a two-stage approach to free cash flow for equity, we estimate MercadoLibre’s value at approximately USD 2,668. The current share price of USD 2,501 suggests that it’s quite close to this estimated fair value. Our fair value estimate is about 7.7% lower than the analyst’s target price of […]

Jersey City Council has prohibited the use of AI for determining rent.

Jersey City Enacts Ban on AI-Driven Rent Setting Jersey City landlords will have to revert to more traditional methods for setting rent. On Wednesday, the Jersey City Council unanimously approved an ordinance that bars the use of AI-powered rental pricing software. This legislation, introduced by Councilman James Solomon, is a first for New Jersey. According […]

Determining the true ‘Blue Bloods’ of women’s college basketball

For 14 years, the Men's Champions Classic has been an annual event that pits what many consider the blueblood programs of Kentucky, Duke, Kansas and Michigan State against each other. Women's basketball fans will be treated to a similar event this weekend. The inaugural Women's Champions Classic will be held Saturday at Berkeley Center, with […]

Aides, Advisers Determining Ways to Convince Joe Biden to Quit

Some of President Joe Biden’s longtime aides and advisers are reportedly trying to persuade him to drop out of the presidential race. Those who support Biden’s resignation have yet to decide “how to persuade him” that he should step down, three people familiar with the matter said. Said of The New York Times: They said […]