🥊 Salesforce is unstoppable

Salesforce is the new normal | Costco: no longer exclusive |

Hi Reader, here's what you need to know for May 31st in 3:07 minutes.

🏖 We’re getting some much-needed R&R on Monday, and we hope you will be too. If anyone gets lost in all the fun, we’ll meet you back here on 2nd June. Cool?

Today's big stories

  1. Salesforce’s earnings surged past analysts’ expectations late last week, with demand for its cloud software as strong as ever
  2. Markets have steered clear of a crash so far, so here's what to expect next – Read Now
  3. Costco reported strong quarterly results, the latest of the big-box retailers to do so

Unstoppable ‘Force

Unstoppable ‘Force

What’s Going On Here?

Salesforce’s earnings punched past analysts’ expectations late last week, with demand for its cloud software looking as strong as ever.  

What Does This Mean?

Companies around the world continue to clamor for cloud-based software solutions, even as many of the planet’s economies reopen in some shape or form. So much so, in fact, that cloud specialist Salesforce says its clients aren’t just the most optimistic they’ve been since the start of the pandemic right now – they’ve also restarted large-scale investment in software upgrades.

Many of the company’s clients expect at least some of their workers to remain remote indefinitely, with sales calls via teleconference also likely to continue being a thing. And that’s making Salesforce feel good about the future: it upped its sales estimates for the remainder of the year ahead of what analysts had penciled in. The company’s share price proved to be far from an immovable object as a result: investors initially sent Salesforce’s stock 6% higher on Friday.

Why Should I Care?

The bigger picture: No cloud cuckoo land.
Cloud computing appears to be here to stay: the pandemic, after all, has forcibly removed any lingering reluctance companies had regarding the movement of mission-critical work online. Leading research firm Gartner now expects global cloud computing revenues to increase 23% this year. That’s up from its forecast of 18% growth just a few months back – and more than double the rate at which the industry expanded in 2020 (tweet this).

For markets: Salesforce on sale?
Despite the positive outlook and Friday’s bump, Salesforce’s stock still hasn’t risen as much as the broader US stock market this year. Analysts at investment bank Morgan Stanley reckon now’s a good time to buy in: the thinking is that a leading firm in a sector that’s expected to see consistently strong demand over the coming years won’t stay cheap for long.

Copy to share story: https://www.finimize.com/wp/news/unstoppable-force/

🙋 Ask a question

2. Analyst Take

Markets Have Mostly Stuck To The Script This Year. So What Happens Next? 

As May comes to an end and the typically quieter summer period starts, it’s a good time to take stock of markets’ movements so far this year – and look at where we go from here.

An economic rollercoaster has slowly leveled out, and the consensus expectation of slow but steady growth for stocks, with some rotation from growth sectors to value sectors, has been proved broadly correct.

January’s biggest pessimists have meanwhile been confounded, with only crypto markets suffering any serious selloff – and even then remaining well in the green for the year.

But as US economic surprises threaten to trend negative once again, the recovery phase could give way to a new and uncertain period for markets.

And that’s today’s Insight: how inflation data is likely to be key for the rest of 2021, dictating how hard central banks can keep pumping in support for the economy – and for your investments.

Read or listen to the Insight here


This year’s real estate must-knows

2020 changed everything, and real estate is no exception.

So if you want to invest in property, it’d probably be wise to get an up-to-date lay of the land.

Crowdstreet’s Definitive Guide To Real Estate Investing will give you just that. You’ll get exclusive access to the latest real estate information – the stuff the pros have – for free.

Analysis of the factors impacting property investment right now: check. An expert outlook for the market this year: double check.

You’ll even find Crowdstreet’s top places to invest for 2021. There’s a clear winner, and you might be surprised where it is.

Head over to Crowdstreet to get your free copy today.

Get The Guide

When you support our sponsors, you support us. Thanks for that.

Join The Club

Join The Club

What’s Going On Here?

Membership-based discount retailer Costco became the latest big-box retailer to report strong quarterly results at the end of last week – but that’s hardly an exclusive society right now.

What Does This Mean?

It could be down to government stimulus checks or simply pent-up post-lockdown demand: either way, people are getting out and splashing their cash. Costco’s profit came in 16% ahead of analysts’ forecasts – the fifth time earnings have beaten estimates in the past six quarters. Still, that outperformance is nothing unusual: Walmart and Target also reported similarly strong results over the past couple of weeks. Investors’ expectations were therefore high – which may be why Costco’s share price actually fell on Friday.

Why Should I Care?

For markets: Rising prices are a headache for retailers. 
In spite of strong consumer demand, the rising prices of goods and services – i.e. inflation – is causing concern among retail analysts. As inflation increases, so too do costs for the likes of Costco. If a company can’t pass these on quickly enough to consumers via higher product prices, then the higher costs will eat into its profit margin. And seeing as margins for consumer retail companies are already razor-thin compared to most other industries, that could be the difference between making money and losing it.

The bigger picture: Discount retailers do well out of wealth inequality. 
About half of all large US retail chain store opening announcements so far this year have come from discounters Dollar General and Dollar Tree (which also owns Family Dollar). This rapid expansion may be partly due to the country’s growing wealth inequality pushing more Americans towards cut-price shopping. But such stores are also better positioned to withstand ecommerce competition: discounters mostly sell food and daily essentials where delivery probably isn’t worth waiting for. Whatever the reason, more stores could translate into greater future profits for discount retailers.

Copy to share story: https://www.finimize.com/wp/news/join-the-club/

🙋 Ask a question

💬 Quote of the day

“Guard your honor. Let your reputation fall where it will. And outlive the bastards.”

– Lois McMaster Bujold (an American speculative fiction writer)
Tweet this


Discover finance that’s fair, sustainable, and inclusive

Your money really does matter, and where you invest could change the world.

With The Big Exchange, you’ll be able to choose investments that are creating positive solutions to combat the world’s biggest challenges.

You’ll discover tax-efficient investments rated for their positive impact on people and the planet, from some of the biggest names in sustainable investing.

And with some of the lowest charges around on a straightforward, easy-to-use platform, you’ll earn more for you, the planet, and everyone else.

Make your money count for more: invest with The Big Exchange from just £25 a month.

Get Started

Disclaimer: Capital at risk. Tax treatment depends on an individual’s circumstances and may be subject to change.

When you support our sponsors, you support us. Thanks for that.

🌏 Finimize Live Events

😎 Digitalize your life

With cryptocurrency going mainstream, the opportunities will soon become endless. Find out How To Buy Coffee And Cars With Crypto at our Wednesday event with Benjamin Whitby, a crypto compliance and regulatory specialist.

🇨🇳 How To Profit From Chinese Innovation: 5pm UK time, June 1st
🚗 How To Buy Coffee And Cars With Crypto: 4pm UK time, June 3rd
🤔 How To Understand Fundamental Analysis: 5pm UK time, June 8th
😎 How To Make Your Own Investing Rules: 5pm UK time, June 9th\
🛒 How To Not Get Lost In Supermarket Stocks: 6pm UK time, June 10th
💰 How To Get Yield From Crypto: 12pm NYC time, June 14th
💡 How To Build A Robust Portfolio: 5pm UK time, June 15th
💵 How To Bet On The Rise Of Open Banking Payments: 1pm UK time, June 16th
🤑 How To Earn A Passive Income From Crypto: 12pm NYC time, June 24th
💄 How To Give Your Portfolio A Beauty Makeover: 6pm UK time, June 30th

🎯 On our radar

  1. It’s all about the renderporn. Inside the strange, soothing world of digital interiors.
  2. Bring on the Blue Hawaiis. How the blue drink went from ridiculous to cool.
  3. Britney, Janet, Paris, and Christina. 2000s pop culture was all bubblegum and misogyny.
  4. Oslo to Stockholm… via blimp. The short-haul airship helping to reduce airline industry emissions.
  5. Diamonds are forever. So long as they’re man-made.
❤️ Share with a friendYour Referrals: 0

Thanks for reading Reader. If you liked today's brief, we'd love for you to share it with a friend. If they sign up on your unique link, you’ll earn some sweet swag.

Share your unique link:


You stay classy, Reader 😉

We’d love to hear your thoughts. Give feedback

Want to advertise with us too? Get in touch

Image Credits:

Image credits: alice-photo - Shutterstock | Gareth David @gareth_david - Unsplash Costco


Update your email or change preferences

View in browser

Unsubscribe from all Finimize Emails


Crafted by Finimize Ltd. | Third Floor, 1 New Fetter Lane, London, EC4A 1AN, UK.

All content provided by Finimize Ltd. is for informational and educational purposes only and is not meant to represent trade or investment recommendations. You signed up to this mailing list at finimize.com or through one of our partners. © Finimize 2021

View Online

Older messages

💪 Nvidia backs bitcoin

Thursday, May 27, 2021

This chip shortage has its perks | Fix up, Big Oil | TOGETHER WITH Hi Reader, here's what you need to know for May 28th in 3:08 minutes. You: Hey Siri. Siri: How can I help? You: I want to learn

💰 Amazon's 9 billion dollar deal

Wednesday, May 26, 2021

You're gonna be a star, Jeff | Sit back, relax, and invest in Made.com | TOGETHER WITH Hi Reader, here's what you need to know for May 27th in 3:09 minutes. 🐦 Join us live on Twitter Spaces at

💥 Is bitcoin over?

Tuesday, May 25, 2021

| The Real Hausfraus of Berlin | BlackRock wants you to sit up, pay attention | TOGETHER WITH Hi Reader, here's what you need to know for May 26th in 3:02 minutes. 🐕 There are few better people you

🚀 Virgin Galactic to the... stratosphere

Monday, May 24, 2021

Virgin Galactic, we have an opportunity | China puts its foot down | TOGETHER WITH Hi Reader, here's what you need to know for May 25th in 3:12 minutes. 🐕 There are few better people you could hear

😨 The economy's too strong

Sunday, May 23, 2021

The West is firing on some cylinders | Well howdy, Deere | TOGETHER WITH Hi Reader, here's what you need to know for May 24th in 3:04 minutes. 💰 Navigating the world of crypto ain't easy, which

Chicken prices to the moon

Thursday, July 29, 2021

Finshots Chicken prices to the moon In today's Finshots we talk about why chicken prices are on the rise. Business The Story Over the last few weeks, chicken prices have skyrocketed across many

Fintech News Issue #322

Thursday, July 29, 2021

Crypto regulation, Embedded finance and Solarisbank, VISA buys currencycloud, Amazons new currency and more See Online Issue 322 2021-07-27 The decade of regulation started. Microsoft recently

Colleges Are Giving Students up to $25,000 Just for Getting Vaccinated

Thursday, July 29, 2021

Campuses are using creativity (and money) to encourage COVID-19 vaccinations among young people. July 28, 2021 COVID-19 Colleges Are Giving Students up to $25000 Just for Getting Vaccinated Campuses

Risk from China

Wednesday, July 28, 2021

Bloomberg Federal Reserve officials signaled they are moving closer to when they can start cutting massive support for the US economy, but Chair Jerome Powell said there was still some way to go. “We

😭 Apple hurts Facebook

Wednesday, July 28, 2021

Facebook vs privacy | McDonald's fills up | TOGETHER WITH Hi Reader, here's what you need to know for July 29th in 3:05 minutes. 🔋 What? Your city is evolving! Congratulations, your city

🚀 Announcing our new job board!

Wednesday, July 28, 2021

An easier way to find and filter open roles ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

FTT Update: And Robinhood Will IPO At...

Wednesday, July 28, 2021

​ ​ Hi all, Julie here. Sitting here on the edge of my seat waiting for this Robinhood IPO pricing to get announced. Tomorrow could get super interesting with the high retail allocation, but FTT Expert

Issue #104: Every time I pay an ATM fee I die a little inside

Wednesday, July 28, 2021

plus Gordon Ramsay + Gen Z finance July 28, 2021 • Issue #104 Dollar Scholar Dollar Scholar Hi y'all — When I was in college, I frequented a pizza joint called Satchel's. In addition to

Is India getting its own digital currency?

Wednesday, July 28, 2021

Finshots Is India getting its own digital currency? A few days back we began hearing whispers about a central bank digital currency (CBDC) and how the RBI is working on it as we speak. So in

Back-to-School Shopping Will Be More Expensive This Year

Wednesday, July 28, 2021

Shoppers should expect shortages and higher prices on computers and other school supplies. July 27, 2021 SHOPPING Back-to-School Shopping Will Be More Expensive This Year Shoppers should expect