Latest news with #LatinAmerica
Yahoo
22 minutes ago
- Business
- Yahoo
Prediction: 2 Monster Growth Stocks Will Be Worth More Than Palantir Technologies by 2030
Palantir Technologies currently has a market value of $330 billion, but AppLovin and MercadoLibre could top that figure in no more than four years. AppLovin has developed a superior artificial intelligence (AI)-powered targeting engine called Axon, which helps brands optimize ad campaign performance. MercadoLibre is not only the largest e-commerce marketplace in Latin America, but also the leading retail advertising company in the region. 10 stocks we like better than AppLovin › Palantir Technologies (NASDAQ: PLTR) stock has advanced 450% in the past year, and its $330 billion market value makes its one of the 30 most valuable public companies in the world. But I think AppLovin (NASDAQ: APP) and MercadoLibre (NASDAQ: MELI) can top that figure in four years or less. Here's what that would mean for shareholders: AppLovin is worth $117 billion. The stock must increase 183% for its market value to hit $331 billion. MercadoLibre is worth $122 billion. The stock must increase 171% for its market value to hit $331 billion. Importantly, both stocks have topped those thresholds in the past. In the last three years, AppLovin and MercadoLibre shares advanced 925% and 275%, respectively. But these monster growth stocks can keep climbing higher. Here's why. AppLovin develops adtech software that helps developers market and monetize their applications across mobile and connected TV campaigns. Most advertising on its platform has traditionally focused on video games, but the company is attracting a broader variety of brands with its new e-commerce advertising product. AppLovin put a great deal of effort into building its Axon recommendation engine. It began acquiring game studios years ago to train the underlying machine learning models that optimize targeting, and the company has since released two major updates. The end result? Axon is superior to other campaign targeting engines as measured by return on ad spend, according to Morgan Stanley. AppLovin reported excellent first-quarter financial results. Total revenue increased 40% to $1.4 billion, as strong sales growth in the advertising segment offset a decline in the mobile games segment. Meanwhile, generally accepted accounting principles (GAAP) earnings climbed 149% to $1.67 per diluted share. And management guided for 69% advertising sales growth in the second quarter. Importantly, CEO Adam Foroughi recently discussed the success of its new e-commerce advertising product. He told analysts, "This opens up a massive opportunity, as there are over 10 million businesses who advertise online that could eventually use our platform profitably. By delivering incremental value, we position ourselves as an engine for growth." Wall Street expects AppLovin's earnings to increase at 49% annually over the next three to five years. That makes the current valuation of 62 times earnings look reasonable. Also, if the company maintains that pace for three years, its market value can hit $331 billion, while its price-to-earnings multiple falls to 54. AppLovin has carved out a strong presence in the adtech space due to its Axon recommendation engine. The company could surpass Palantir's current market value within three years, so patient investors should consider purchasing a small position in this monster growth stock today. MercadoLibre operates the largest online marketplace in Latin America. The company has consistently gained market share during the last three years, and that trend is expected to continue. One reason for that success is a network effect, whereby the platform becomes increasingly attractive to shoppers as more sellers list products, and increasingly attractive to sellers as more shoppers participate. MercadoLibre has reinforced and accelerated that network effect with adjacent solutions for fulfillment, advertising, financing, and payments. The company has built the fastest and most extensive delivery network in Latin America. It is the largest retail media advertiser in the region. And it owns the largest fintech platform in Argentina, Chile, and Mexico, and the second-largest in Brazil. MercadoLibre reported strong financial results in the first quarter. Revenue jumped 37% to $5.9 billion on especially strong sales growth in the fintech segment, which itself was due to adoption of credit cards, financing, and asset management products. Meanwhile, profit margin improved modestly, and GAAP net income increased 44% to $9.74 per diluted share. Wall Street estimates MercadoLibre's earnings will increase at 30% annually over the next three to five years. That makes the current valuation of 59 times earnings look reasonable. And if the company maintains that growth rate during the next four years, its market value can hit $331 billion, while its price-to-earnings multiple falls to 57. MercadoLibre enjoys a strong position in multiple growing markets, and the company could exceed what Palantir is worth today within four years. Regardless, patient investors should feel good about buying a few shares today. Before you buy stock in AppLovin, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and AppLovin wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Trevor Jennewine has positions in MercadoLibre and Palantir Technologies. The Motley Fool has positions in and recommends AppLovin, MercadoLibre, and Palantir Technologies. The Motley Fool has a disclosure policy. Prediction: 2 Monster Growth Stocks Will Be Worth More Than Palantir Technologies by 2030 was originally published by The Motley Fool
Yahoo
2 hours ago
- Business
- Yahoo
GVG Takes Legal Action Through Carter-Ruck to Counter Alleged Disinformation Campaigns
GVG has instructed leading London law firm Carter-Ruck to formally address articles published by Commsrisk. LONDON, June 20, 2025 /PRNewswire/ -- Global Voice Group (GVG), a pioneer in regulatory technology and digital governance, has initiated legal action through top-tier law firm Carter-Ruck against Commsrisk. This action follows a series of strategically timed publications that GVG asserts are defamatory and threaten its international partnerships with governments and regulators in Africa, Latin America, and emerging markets worldwide. Misinformation threatens cross-border digital governance Over an extended period, Commsrisk and its editor have published a series of allegations which GVG vehemently denies. These publications, which have surfaced around significant commercial milestones and international tenders involving GVG, have raised concerns about alleged misinformation and its impact on public discourse in the sectors GVG serves. While GVG embraces fair scrutiny of its activity, it believes in upholding the integrity of factual reporting. The company is therefore taking steps to ensure that any public commentary about its operations meets basic standards of accuracy and fairness. "In an era of increasing digital accountability, trust is everything," said James Claude, CEO of GVG. "We welcome open dialogue and critical review of our work. However, we believe that any such dialogue must be rooted in facts. Misinformation doesn't just harm our reputation, it undermines the credibility of the digital infrastructure that countries rely on to fight fraud, increase transparency, and build self-reliant economies. We cannot remain silent when targeted by baseless accusations." GVG's commitment to digital integrity GVG invites all media and stakeholders to consult verified information and encourages responsible journalism that serves the global digital public good. Furthermore, the company reaffirms its commitment to transparency, ethical practices, and remains focused on empowering governments and regulators through trusted, inclusive solutions. GVG is prepared to pursue further legal remedies to ensure full accountability and defend the integrity of cross-border digital governance worldwide. About GVGFounded in 1998 and operating in 11 countries, Global Voice Group delivers ICT and RegTech solutions that empower governments and regulators through data-driven digital transformation. By leveraging Big Data analytics, GVG helps build compliant, inclusive digital ecosystems and turns critical sector data into actionable insights. Logo - View original content to download multimedia: SOURCE Global Voice Group Sign in to access your portfolio
New York Times
5 hours ago
- Business
- New York Times
Chinese Companies Set Their Sights on Brazil
Chinese companies urgently need to find new markets. Competition is intense at home, where the collapse of the real estate market has left consumers reluctant to spend. And escalating trade tensions have made it more difficult and costly to sell things in the United States and Europe, long two of the largest destinations for Chinese exports. As a result, some of China's biggest internet and e-commerce brands have set their sights on establishing themselves as household names in other parts of the world, like Southeast Asia, the Middle East and South America. Brazil has emerged as the most coveted prize. Latin America's largest economy, with a population of more than 200 million people, is a beacon for China's delivery and ride-hailing companies looking to export their ruthlessly low-cost business models. Chinese e-commerce giants also see promise in Brazil as they seek new buyers for a flood of products after tariffs and other restrictions in the United States shut off their biggest export market. Meituan, China's largest food delivery company, said in May that it would spend $1 billion to set up operations in Brazil. Mixue, the Chinese tea and dessert company that has eclipsed McDonald's as the world's biggest fast food chain, said it would hire thousands there. TikTok Shop, facing scrutiny in the United States and Britain about its Chinese parent company, launched in Brazil in May. 'Chinese companies are finding it harder to grow domestically,' said Vey-Sern Ling, an equities adviser in Singapore at the private bank Union Bancaire Privée. 'Exports and overseas expansion is one way to support continued growth.' Want all of The Times? Subscribe.
Yahoo
6 hours ago
- Climate
- Yahoo
Erick weakens after landfall in southern Mexico as a Category 3 hurricane
Powerful Hurricane Erick made landfall in Mexico's southern state of Oaxaca early Thursday as a major hurricane before moving inland and weakening to a tropical storm. (AP/Luis Alberto Cruz and Amaranta Marentes)
Washington Post
6 hours ago
- Politics
- Washington Post
Panama and Venezuela to restore consular services in each other's countries
PANAMA CITY — Panama and Venezuela will restore consular services in each other's countries in the coming days, Panama's Foreign Affairs Ministry said late Thursday, nearly a year after Panama suspended them following questionable Venezuelan elections that reelected President Nicolás Maduro. 'Due to the imperative need to attend to the consular issues of their citizens,' the two countries agreed to reactivate their consular services, the ministry said in a statement.
