Thu.Apr 11, 2024

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Target Is Doing Its Best Costco Impression

The Motley Fool

Target (NYSE: TGT) has launched a subscription service that could improve customer loyalty and give added value. But this isn't just any subscription; it's a model that Target is partly copying from Costco (NASDAQ: COST). In this video, Travis Hoium covers the business model Target is employing with its membership. *Stock prices used were end-of-day prices of April 9, 2024.

Returns 246
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HCAP Moves Ahead with Purchase of Gondola Skate

Private Equity Professional

HCAP Partners has made an investment in Gondola Skate Moving Systems, a provider of fixture mobilization equipment. Gondola Skate engineers and manufactures lightweight and durable skates that easily slide under heavy furniture and fixtures to allow logistics managers and warehousing professionals to safely and efficiently move retail shelving platforms and pallet racking systems.

Investing 130
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What if the Fed Never Cuts Interest Rates in 2024? Here's What You Should Do

The Motley Fool

Image source: The Motley Fool/Unsplash Just a few months ago, most financial experts agreed that the Federal Reserve would cut interest rates in 2024. After raising interest rates rapidly in 2022, and keeping rates high throughout 2023, most observers (and even many of the Fed's decision-makers, apparently) believed that 2024 would be the time for interest rate cuts.

Banks 246
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Compass Hard Caps Third Fund

Private Equity Professional

Compass Group Equity Partners has held a first and final closing of its third fund, Compass Group Fund III LP, at its hard cap of $408 million. Compass Group began raising Fund III late last year and is the firm’s second fundraising effort in the past two years and follows the closing of its second… This content is for members only. Visit the site and log in/register to read.

Funds 130
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Forget Nvidia: Billionaire Bill Ackman Owns $1.9 Billion Worth of This Artificial Intelligence (AI) Stock Instead

The Motley Fool

Nvidia (NASDAQ: NVDA) is arguably the world's most popular artificial intelligence (AI) stock, as evidenced by its 215% gain in the past year alone. It's not a claim without merit, because the company's revenue more than doubled in fiscal 2024 (which ended Jan. 28) on the back of its industry-leading AI data center chips. But if investors want to know where the AI industry is headed next, it can be helpful to know where billionaires are putting their money.

Startups 246
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Lone View Closes Inaugural Fund

Private Equity Professional

Technology investor Lone View Capital has closed its inaugural fund, Lone View Capital Fund I LP, with $850 million of capital. Limited partners in Fund I include university endowments, sovereign wealth funds, charitable foundations, pension funds, asset managers, insurance companies and family offices. Los Angeles-headquartered Lone View invests in software, information services and technology-enabled businesses… This content is for members only.

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A Short History of Stocks

The Big Picture

Confused about where we are today? A favorite exercise is to go back to first principles to consider how we got to where we are. (That is a favorite way to find fresh insights). On the equity side, you have to go back a century or so. Equities were considered speculative endeavors, best suited for gamblers and punters. The exceptions? A handful of “Widows & Orphan” stocks, like Ma Bell, some railroads, utilities and the rare bank that was not suffering regular runs.

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Should You Buy the Dip in Palantir Stock?

The Motley Fool

Excitement surrounding artificial intelligence (AI) has captivated the investment community with both the S&P 500 and Nasdaq Composite trading near record levels. These gains are largely attributable to a small basket of megacap companies collectively referred to as the "Magnificent Seven" -- which includes Microsoft , Apple , Alphabet , Nvidia , Amazon , Meta Platforms , and Tesla.

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Abre Raises $24M in Series A Funding

FinSMEs

Abre, a Cincinnati, OH-based K-12’s data solution company, raised $24M in Series A funding. The round was led by PeakSpan Capital, with participation from JumpStart Ventures, JobsOhio Growth Capital Fund, and Golden Angels Investors. Sanket Merchant, a Partner at PeakSpan Capital and Head of the firm’s EdTech practice, led the investment and will be joining the Abre Board […] The post Abre Raises $24M in Series A Funding appeared first on FinSMEs.

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Is It Too Late to Buy High-Yield Enterprise Products Partners Stock?

The Motley Fool

Units of Enterprise Products Partners (NYSE: EPD) have risen about 10% in 2024, which might have some investors wondering if they have missed the opportunity to buy this high-yield midstream giant. The quick answer is no: There are still plenty of reasons to buy the master limited partnership (MLP) and its lofty 7% distribution yield. Here's what you need to know.

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Udio Raises $10M in Seed Funding

FinSMEs

Udio, a NYC-based company that leverages AI to easily create extraordinary and original music, reportedly raised $10M in Seed funding. The round was led by a16z, with participation from angel investors will.i.am, Common, Kevin Wall, Tay Keith, Steve Stoute’sUnitedMasters, Mike Krieger (Cofounder & CTO of Instagram) and Oriol Vinyals. The company intends to use the funds to expand operations […] The post Udio Raises $10M in Seed Funding appeared first on FinSMEs.

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Nvidia Stock Has Pulled Back: Time to Buy the Dip?

The Motley Fool

Shares of graphics and artificial intelligence (AI) chipmaker Nvidia (NASDAQ: NVDA) have pulled back meaningfully recently. After soaring from a share price of under $500 at the beginning of the year to a 52-week high of $974, shares have retreated nearly 11% as of this writing. Given both the stock and (more importantly) the business's underlying momentum, some investors may be debating about whether this is a good time to buy shares.

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Onum Raises $28M in Series A Funding

FinSMEs

Onum, a Madrid, Spain-based control data, cost, and performance company, raised $28M in Series A funding. The round was led by Dawn Capital, with participation from Kibo Ventures and Insight Partners. The company intends to use the funds to accelerate its hiring plans, product development and commercial expansion globally. Led by Founder and CEO Pedro […] The post Onum Raises $28M in Series A Funding appeared first on FinSMEs.

Funds 112
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5 Costco Items With the Biggest Discounts Compared to My Local Grocery Store

The Motley Fool

Image source: Upsplash/The Motley Fool To date, I've only made one shopping trip to Costco. But based on that one shopping trip, I'm convinced that my future with Costco will be a bright one. My first shopping trip consisted of everything from clothing, refrigerated and frozen food items, pantry staples and snacks, to cleaning supplies and paper products.

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Auradine Raises $80M in Series B Financing

FinSMEs

Auradine, a Santa Clara, CA-based provider of web infrastructure solutions, including blockchain, security, and AI, raised $80M in Series B funding. Backers included StepStone Group, Top Tier Capital Partners, MVP Ventures, and Maverick Capital. Existing investors Celesta Capital, Mayfield Fund, and Marathon Digital also participated. Founded in 2022 and led by CEO Rajiv Khemani, Auradine […] The post Auradine Raises $80M in Series B Financing appeared first on FinSMEs.

Financing 109
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Best Stock to Buy Right Now: Altria vs British American Tobacco

The Motley Fool

Altria (NYSE: MO) and British American Tobacco (NYSE: BTI) are two of the largest cigarette companies in the world. They both offer massive dividend yields, with Altria at 9.3% and British American Tobacco at 9.8%. That's in fact the main reason that most investors will be interested in either of these two companies. But which of these high-yield stocks is the better option?

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Writ Raises $3.8M in Seed Funding

FinSMEs

Writ, a San Francisco, C-based startup that enables companies to use data to make decisions, raised $3.8M in Seed funding. The round was led by Gradient Ventures, with participation from Defy.vc, High Alpha, Toba Capital, and numerous angels. The company intends to use the funds to expand operations and its development efforts. Co-Founded by Adam […] The post Writ Raises $3.8M in Seed Funding appeared first on FinSMEs.

Funds 109
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Is Nvidia Also the Best Bet in Quantum Computing Right Now?

The Motley Fool

In a discussion with analysts and media members following his keynote address at GTC 2024 (a leading conference on artificial intelligence), Nvidia (NASDAQ: NVDA) CEO Jensen Huang outlined a list of top technologies his company is at the forefront of developing: industrial robotics, 6G (move over, 5G), weather prediction, particle physics analysis, biology, and so on.

Returns 246
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Anrok Raises $30M in Series B Funding

FinSMEs

Anrok, a San Francisco, CA-based provider of a sales tax platform for software companies, raises $30M in Series B funding. The round was led by Khosla Ventures, with participation from Sequoia Capital, Index Ventures, and others including Karen Peacock, former CEO of Intercom, David Faugno, former CFO of Qualtrics and current president of 1Password, Alex […] The post Anrok Raises $30M in Series B Funding appeared first on FinSMEs.

Funds 109
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Here's How You Can Collect $50,000 in Dividends per Year in Retirement

The Motley Fool

Many people approaching retirement have fears about the state of their future finances. In a 2023 survey, the Nationwide Retirement Institute found that 75% of people aged 50 and over are concerned that Social Security benefits will run out at some point in their lives. And even if that doesn't worry you, there's the risk that you may not be generating enough income to live the kind of retirement that you want.

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Arcadia Raises $50M in Funding

FinSMEs

Arcadia, a Washington-DC-based provider of a utility data and community solar platform, raised $50M in funding. Backers included Macquarie Asset Management as a new equity investor, alongside existing investors Energy Impact Partners, J.P. Morgan Asset Management, BoxGroup, G2 Venture Partners, Camber Creek, Triangle Peak Partners, and Broadscale Group.

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What TSMC, Intel, and GlobalFoundries Stock Investors Should Know About Recent CHIPS Act Updates

The Motley Fool

In today's video, I discuss recent updates impacting Taiwan Semiconductor Manufacturing (NYSE: TSM) and other semiconductor companies. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of April 8, 2024. The video was published on April 10, 2024. Should you invest $1,000 in Taiwan Semiconductor Manufacturing right now?

Investors 246
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Windrose Technology Completes US$110M Series B Financing

FinSMEs

Windrose Technology, a Hong Kong-based electric heavy-duty truck developer, raised US$110M in Series B funding. Backers included HITE Hedge Asset Management, Goodman Group (ASX:GMG), and others. Part of the series B financing was in the form of bank debt, led by HSBC through its HSBC New Economy Fund, a USD3 billion specialist lending scheme to start-ups and […] The post Windrose Technology Completes US$110M Series B Financing appeared first on FinSMEs.

Financing 109
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The Best Warren Buffett Stocks to Buy With $300 Right Now

The Motley Fool

Warren Buffett became one of the world's best-known investors through his long track record of consistency. Since 1965, his portfolio has earned an average yearly gain of 20%, approximately double that of the S&P 500. However, with Buffett now in his 90s, many investment decisions are in the hands of his lieutenants, Todd Combs and Ted Weschler.

Banks 246
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SunCulture Raises $27M in Series B Funding

FinSMEs

SunCulture, a Nairobi, Kenya-based solar irrigation startup, raised $27m in Series B funding. Backers included InfraCo Africa, Acumen Fund, Reed Hastings, and Eric Schmidt. The company intends to use the funds to expand operations and its development efforts. Led by Samir Ibrahim, CEO, At SunCulture leverages off-grid solar technology to provide smallholder farmers with reliable […] The post SunCulture Raises $27M in Series B Funding appeared first on FinSMEs.

Funds 109
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3 Fantastic Growth Stocks That Have Turned $10,000 Into $3 Million in 20 Years

The Motley Fool

Investing in top growth stocks can not only make you a millionaire, but a multimillionaire. And in some cases, you can achieve those kinds of results by investing just $10,000. Three examples of fantastic long-term investments over the past 20 years are Nvidia (NASDAQ: NVDA) , Apple (NASDAQ: AAPL) , and Monster Beverage (NASDAQ: MNST). These stocks have turned $10,000 investments into more than $3 million today.

Prospects 244
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Tabs Raises $7M in Seed Funding

FinSMEs

Tabs, a NYC-based provider of an accounts receivable (AR) platform for B2B businesses, raised $7M in Seed funding. The round was led by Lightspeed Venture Partners. The company intends to use the funds to expand operations and its business reach. Led by CEO Ali Hussain, Tabs is an AI-powered accounts receivable platform for B2B businesses. […] The post Tabs Raises $7M in Seed Funding appeared first on FinSMEs.

Funds 109
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Will This new Catalyst Send XRP Soaring Past the $1 Mark?

The Motley Fool

Even ardent supporters of XRP (CRYPTO: XRP) must be getting tired of waiting for its price to soar. XRP still trades around the $0.62 mark, almost exactly the same as on Jan. 1. Meanwhile, Bitcoin (CRYPTO: BTC) has blasted off into the stratosphere, reaching new all-time highs this year. But XRP may have one more trick up its sleeve. Ripple , the company behind the XRP crypto token, recently announced plans to launch a new stablecoin for the XRP ecosystem.

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Factorial Raises $80M in Funding

FinSMEs

Factorial, a Barcelona, Spain-based provider of a business and HR management platform for SMBs globally, raised $80M in funding. Backers included General Catalyst. The company intends to use the funds to continue to grow until becoming cash-generative with minimal constraints on the balance sheet. Founded in 2016 and led by CEO Jordi Romero, Factorial offers […] The post Factorial Raises $80M in Funding appeared first on FinSMEs.

Funds 108
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3 Reasons to Buy the Vanguard Growth ETF Like There's No Tomorrow

The Motley Fool

The market is firmly back in bull territory, and bull markets favor growth stocks and tech stocks. That's been the case since the S&P 500 hit its bear market bottom in Oct. 2022, only to quickly rebound and reach new all-time highs this year. Many growth stocks battered by the previous downturn are soaring once again. And one of the best proxies for these high-performing stocks is the Vanguard Growth Index Fund ETF (NYSEMKT: VUG) , which follows the CRSP (Center for Research in Securities Pr

Funds 242
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Empower to Acquire Petal; Completes Acquisition of Cashalo

FinSMEs

Empower Finance, a San Francisco, CA-based financial technology company, acquired Petal, a NYC-based consumer credit card and financial technology company, and completed the acquisition of Cashalo, a Manila, Philippines consumer credit and lending company. The amount of the deals were not disclosed. Petal and Cashalo give Empower a strategic presence in the credit card category […] The post Empower to Acquire Petal; Completes Acquisition of Cashalo appeared first on FinSMEs.

Financing 108
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Is the Business Model of Altria Stock Finally About to Break?

The Motley Fool

Altria Group (NYSE: MO) stock has long beaten the odds. Since the release of the Surgeon General's report on smoking 60 years ago, usage has declined and tobacco companies like Altria had to pay out hundreds of billions of dollars in legal settlements. These challenges didn't prevent Altria's stock or dividend from rising. However, with tobacco consumption continuing to fall, the company hasn't found other revenue sources to compensate for this drop.

Legal 241
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Simbian Raises $10M in Seed Funding

FinSMEs

Simbian, a Mountain View, CA-based company providing AI solutions into business operations across diverse IT environments, raised $10M in seed funding. The round was led by Cota Capital, Icon Ventures, Firebolt and Rain Capital with participation from Olivier Pomel, Co-founder and CEO at Datadog; Pankaj Patel, Co-founder and CEO at Nile; Diogo Monica, Co-founder and […] The post Simbian Raises $10M in Seed Funding appeared first on FinSMEs.

Funds 107
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I'm in My 60s. Do I Need Long-Term Care Insurance?

The Motley Fool

Image source: Getty Images If you're in your 60s, you're probably looking forward to retirement and thinking about all of the wonderful things you're going to do when you don't have to work any more. But, while you're planning all the fun ways you'll spend your time (and money), you may also want to add buying long-term care insurance to your to-do list.

Assets 236