Palantir’s revenue growth burst in the first half of this year will continue into the third quarter, the data analytics firm said Tuesday. It projected revenues in its fiscal third quarter ending Sept. 30 would grow 46-47%. That’s a marginal slowdown from the first half of the year when revenue grew 49%. But overall, it’s a big improvement on 2019, when revenues grew only 25%. Palantir also said...
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The Electric: Western Auto and Battery Makers’ Big Gamble on Indonesian Nickel
For much of the last century, metals companies have made stainless steel from nickel mined in Russia or the Philippines and smelted at temperatures up to 2,900 degrees. But demand for nickel is outstripping supplies because the metal is a key component in most electric vehicle batteries. So metals producers have turned to a new supplier—Indonesia, which possesses vast reserves of a previously...
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