Palantir (NYSE: PLTR) and Salesforce (NYSE: CRM) both own cloud-based platforms that gather and analyze large amounts of data to help their clients make smarter decisions. Analysts expect Salesforce to generate $31 billion in revenue in its fiscal 2023 year (which ends this month), or more than 16 times the $1.9 billion in revenue Palantir was expected to generate in 2022. Let's review Palantir's approach to data mining, how much larger it could grow, and if it could evolve into a blue-chip cloud giant like Salesforce in the future. Read More...
Brazil’s weekend political shock reminds world markets of fragile geopolitics, but investors more broadly appear happier to stick with a new year narrative of recovery from a dire 2022. Brazil, the world’s 12th biggest economy, was jolted on Sunday after supporters of former far-right President Jair Bolsonaro stormed key government buildings, echoing the Jan. 6 2021 Capitol riots in Washington. Days after his inauguration, leftist President Luiz Inacio Lula da Silva announced a federal security intervention in Brasilia until Jan. 31.