The Motley Fool

JUNE 11, 2024

Image source: Getty Images Breaking up is hard to do, even with a retailer. This is especially true if you're a long-time customer -- or, in this case, a long-time member. Still, the day may come when you decide you're wasting money on an annual Sam's Club membership. If any of the following signs feel familiar to you, that day may be today. 1. You rarely make a Sam's Club run anymore Whether your nearest Sam's Club is a fair distance from your house or you rarely feel inspired to shop there, yo

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A Wealth of Common Sense

JUNE 11, 2024

The plural of anecdote is not data. You can’t extrapolate your individual experience or the experiences of your family, friends and peers to the broader economy, markets, political climate, etc. Just because the dumbest person you know is going all-in on Nvidia does not mean the stock market is going to collapse tomorrow. That’s not how any of this works.

Stock Market 128

Stock Market Stock Market Investors Finance 128

The Motley Fool

JUNE 11, 2024

UPS (NYSE: UPS) management set out its targets for 2026 during its investor day event in March, and they will serve as a guidepost for investors. The question is not whether UPS will be a good value at current prices if it hits those goals, but whether it will achieve its aims. Here's what you need to know about the company's plans for the next three years.

Returns 246

Returns Investors Companies Portfolios 246

FinSMEs

JUNE 11, 2024

Ship Angel, a NYC-based provider of an AI-native platform for international shippers, raised $5M in funding. The round was led by Glasswing Ventures and newark venture partners (nvp), with participation from Bienville Capital, Socii Capital, and Plug and Play. The company intends to use the funds to support the expansion of its ocean and air […] The post Ship Angel Raises $5M in Funding appeared first on FinSMEs.

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Funds Capital Companies 120

The Motley Fool

JUNE 11, 2024

More than 50 million retired workers received a Social Security benefit in April 2024. Those monthly disbursements are often their largest source of income. Indeed, a recent survey from Gallup found that 88% of retirees depend on Social Security to some degree, and 60% said benefits were a "major source" of income. The Social Security program undergoes certain changes annually to keep benefits aligned with inflation and general wage level.

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Taxes Portfolios Returns Investors 246

FinSMEs

JUNE 11, 2024

Astrocade AI, a San Francisco, CA-based provider of an AI-powered social gaming platform, raised $12M in Seed funding. Backers included AME Cloud Ventures, NVIDIA Ventures, Venture Reality Fund, Eric Schmidt, Niccolo De Masi, John Riccitiello, David Baszucki, Jerry Yang, Mike Abbott, and more. The company intends to use the funds to expand operations and its […] The post Astrocade AI Raises $12M in Seed Funding appeared first on FinSMEs.

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Funds Companies 113

FinSMEs

JUNE 11, 2024

Cyberhaven, a San Jose, CA-based company which specializes in data detection and response (DDR), raised $88M in Series C funding. The round was led by Adams Street Partners, and Khosla Ventures, with participation from Redpoint Ventures, Costanoa Ventures, Vertex Ventures, Crane Venture Partners, Wing Venture Capital, Amol Kulkarni, Gerhard Eschelbeck, Ash Devata, and others.

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The Motley Fool

JUNE 11, 2024

All eyes have been on the artificial intelligence (AI) market over the last year. The launch of OpenAI's ChatGPT at the end of 2022 reinvigorated interest in the technology and forced many to rethink what they thought was currently possible with AI. Advances in the generative software could boost countless industries, from self-driving cars to e-commerce, consumer products, cloud computing, and more.

Leveraging 246

Leveraging Returns Portfolios Investors 246

Private Equity Wire

JUNE 11, 2024

The vast majority of limited partners are expecting to either increase or maintain their allocations to private markets investments over the next year, according to Coller Capital’s semi-annual Global Private Capital Barometer. The 40th edition of the barometer, which captured the views of 110 private capital investors from around the world who oversee a combined $2.1tn in assets, revealed that around one in three (31%) expect to increase their target allocation to alternative assets in th

Private Equity Managers 105

Private Equity Managers Assets Financing Finance 105

The Motley Fool

JUNE 11, 2024

ChargePoint 's (NYSE: CHPT) stock hit a record high of $46.10 on Dec. 24, 2020. At the time, investors were dazzled by the electric vehicle (EV) charging network builder's explosive growth rates. But today, its shares trade at less than $2. ChargePoint's stock plummeted as the EV market cooled off, it faced more challengers, it racked up more losses, and rising interest rates compressed its valuation.

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FinSMEs

JUNE 11, 2024

Singapore City, Singapore, 11th June 2024, Chainwire The post SubQuery Network Launches First Decentralized RPCs for Polkadot and Kusama appeared first on FinSMEs.

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The Motley Fool

JUNE 11, 2024

Growth stocks can help increase the value of your investment portfolio to achieve a comfortable retirement. However, you should be discerning in picking the right stocks to own for the long term. Some companies may falter and fall by the wayside while others may see their growth fizzle out after a while. Because of these risks, it makes sense to look for stocks that are riding sustainable trends that can provide growth tailwinds for years or even decades.

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Shareholders Portfolios Companies Returns 246

Private Equity Wire

JUNE 11, 2024

Blackstone has completed the acquisition of Tropical Smoothie Cafe, a franchisor of fast casual restaurants, from Levine Leichtman Capital Partners. The deal is the first for the most recent vintage of the firm’s flagship private equity vehicle. Blackstone’s investment in Tropical Smoothie Cafe is the most recent example of a number of leading franchisors the firm has partnered with to help propel growth, including Hilton Hotels and SERVPRO.

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The Motley Fool

JUNE 11, 2024

There are millions of older Americans today who collect a monthly benefit from Social Security. And falling back on those benefits may be your plan in the context of retirement. Unfortunately, that plan isn't a great one if it doesn't involve outside savings on top of Social Security. Here's why retiring on Social Security alone could end up being a disaster.

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Portfolios Stock Market Stock Market Returns 246

Private Equity Wire

JUNE 11, 2024

Middle-market private equity firm Falfurrias Capital Partners has invested in EDGE Industrial Technologies, a producer of industrial machine knives, blades, punches and related equipment. EDGE’s brands include TGW International, Pearl Technologies and Leverwood Knife Works, encompassing packaging, food processing, converting, plastics and printing. EDGE was formed in 2018 by Blue Wolf Capital Partners through a merger of TGW International, TGW Global and Pearl Technologies.

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The Motley Fool

JUNE 11, 2024

Image source: Getty Images Amazon rolled out a new perk to Prime subscribers. You get a free Grubhub+ membership, which lowers the cost of food delivery fees. Fun fact: I spend a large part of my budget on DoorDash and Amazon delivery. To say this news excites me is, um, an understatement. Fact is, I really want cheap food delivery. Immediately, I signed up for Grubhub through Amazon Prime.

Accounting 246

Accounting Taxes Finance Financing 246

Top 1000 Funds

JUNE 11, 2024

AI is on every investor’s lips as a technology that will revolutionise businesses and industries. The Fiduciary Investors Symposium heard that looking past the hype to the tangible, on-the-ground benefits presents some genuine challenges for asset owners and the managers they often employ to do it for them.

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The Motley Fool

JUNE 11, 2024

Intel (NASDAQ: INTC) entered the discrete graphics card market in late 2022 with a lineup of low-end and mid-range Arc graphics cards. While the hardware was capable, software issues plagued the launch and persisted for months. The company took shortcuts with its software drivers, which act as the bridge between the hardware and the operating system, leading to bugs and poor performance in some games.

Returns 246

Returns Companies Portfolios Investors 246

Private Equity Wire

JUNE 11, 2024

Private equity firm TDR Capital is set to become the majority stakeholder in UK supermarket chain Asda, through the acquisition of a 22.5% stake in the business from Zuber Issa, co-founder of EG Group, which ups its holding to 67.5%. Mohsin Issa retains a 22.5% stake in Asda, while US retail giant and Walmart holds 10%. The move has drawn criticism from the GMB trade union which has expressed concerns over TDR Capital’s past actions, including cutting millions of working hours and increasi

Stakes 96

Stakes Private Equity Firms Private Equity Firms Capital 96

The Motley Fool

JUNE 11, 2024

Image source: Getty Images Most stores don't require you to pay an annual membership fee to shop there -- but Costco is a bit different. To access Costco's members-only deals, you'll pay either $60 per year for a Gold Star membership or $120 per year for an Executive membership (with this one, you'll earn 2% back on most Costco purchases). To make a Costco membership worthwhile, you need to save at least as much money as you spend on the membership.

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Capital Returns Finance Financing 246

Private Equity Wire

JUNE 11, 2024

Atlanta-based private equity firm Caymus Equity Partners has sold portfolio company TriplePoint MEP, a provider of HVACR installations, maintenance, repair, design and consulting services, to New York-based private equity firm Stellex Capital Management. TriplePoint serves commercial clients across the midwest and southeast regions of the US. According to a press statement, under Caymus’s ownership, the company has grown to become one of the country’s top ten mechanical contractors.

Private Equity Firms 96

Private Equity Firms Private Equity Firms Consultants Consulting 96

The Motley Fool

JUNE 11, 2024

Stock splits often create excitement and buzz among investors, but not all splits are alike. Some stock splits point to fantastic long-term growth stories and great investment opportunities, while others may be overvalued speculation stories that ultimately lead to disappointments. On that note, the June 2024 stock split calendar includes two household names, and I recommend buying one but not the other right now.

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Prospects Accounting Returns Portfolios 245

Private Equity Wire

JUNE 11, 2024

Coller Capital, an independent investor dedicated exclusively to private market secondaries, has received regulatory approval to launch its first Luxembourg domiciled ‘SICAV’ fund, accessible to eligible private wealth investors outside of the US. The fund will be seeded with over $400m of capital from investors globally. The approval follows the recent news that Coller has opened a new office in Zurich led by Boris Maeder, Head of International Private Wealth Distribution, in expanding its priv

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Capital Investors Funds Returns 90

The Motley Fool

JUNE 11, 2024

Picture, if you will, the summer of 2012. Netflix (NASDAQ: NFLX) separated its digital streaming service from the DVD-by-mail business nine months earlier, and nobody liked the new Qwikster brand. The company was quick to kill Qwikster, but the business model was forever split into stand-alone DVD and streaming experiences. Many investors had written off the company as a total loss, calling Reed Hastings one of the worst CEOs of 2011.

Investing 245

Investing Accounting Portfolios Companies 245

Million Dollar Round Table (MDRT)

JUNE 11, 2024

By Yohei Tomita In my fifth year in this profession, I was lost and worried. I was working like a horse day and night and made it to the top 20% of my primary company’s production ranking. However, high-performing colleagues were producing the same in half the time. I thought, I must be doing something wrong. One day, I visited a Zen temple with an old friend to practice zazen, which is seated meditation.

Returns 81

Returns 81

The Motley Fool

JUNE 11, 2024

Billionaire investors generally don't necessarily need dividend income to make ends meet. They buy dividend-paying stocks because they know that companies committed to returning a portion of earnings to shareholders tend to outperform ones that don't. In the first three months of the year, billionaire hedge fund managers bought millions of shares of Pfizer (NYSE: PFE) and AT&T (NYSE: T).

Hedge Funds 244

Hedge Funds Portfolios Earnings Before Interest Amortization 244

Private Equity Wire

JUNE 11, 2024

HIG Capital, a global alternative investment firm with $62bn of capital under management, will sell its portfolio company and Italian information technology specialist DGS to the company’s co-founders and management team, in partnership with alternative asset manager ICG. DGS was founded in 1997 and offers cybersecurity services (consulting, data protection, network protection and monitoring & control services), IT management consulting and digital transformation solutions (cloud, ERP,

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Consultants Consulting Asset Management Assets 83

The Motley Fool

JUNE 11, 2024

The S&P 500 rose to a record high earlier this year, confirming its presence in a bull market, and has continued to soar, reaching new highs in recent weeks. Technology stocks, especially those involved in the area of artificial intelligence (AI), have led the gains, but companies in other fields also have benefited from this market optimism -- especially those that have reported solid earnings in recent times.

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AltAssets

JUNE 11, 2024

Healthcare-focused private equity house InTandem Partners has scored a huge jump in fund capital through that $715m final close of its new flagship fundraise - more than all of its three previous fundraises combined. The post InTandem raises more than all its previous funds combined in $715m flagship raise first appeared on AltAssets Private Equity News.

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Funds Capital Buyout Investing 79

The Motley Fool

JUNE 11, 2024

Image source: Getty Images Overall inflation might be slowing down somewhat, but drivers everywhere are still feeling the pain of rising car insurance costs. Average annual premiums rose from about $3,017 last year to $3,699 this year -- a $682 increase. Drivers with accidents on their records or histories of traffic violations could see even bigger jumps.

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Liabilities Companies Funds 243

AltAssets

JUNE 11, 2024

Specialist placement agency Briarcliffe Credit Partners has brought in former Morgan Stanley senior exec Nelson Chikusa as an executive director. The post Credit-focused placement agent Briarcliffe brings in ex-Morgan Stanley exec to boost US capabilities first appeared on AltAssets Private Equity News.

Debt 79

Debt Buyout Funds Investing 79

The Motley Fool

JUNE 11, 2024

When it comes to the artificial intelligence (AI) chip market, Nvidia seems to claim nearly all the oxygen in the room. Amid what looks like its years-long lead in AI chip technology, investors have bid the GPU maker's stock into the stratosphere. However, Advanced Micro Devices (NASDAQ: AMD) has developed an AI chip of its own and a reputation for successfully challenging seemingly insurmountable technical leads.

Companies 241

Companies Bidding Accounting Investors 241

FinSMEs

JUNE 11, 2024

Madhive, a NYC-based technology company for local Connected Television advertising (“CTV”), acquired Frequence, Inc., a Mountain View, CA-based provider of omnichannel ad sales enablement and workflow software for local media companies and agencies. The amount of the deal was not disclosed. It follows Madhive’s recent $300m investment from Private Equity at Goldman Sachs Alternatives to accelerate […] The post Madhive Acquires Frequence appeared first on FinSMEs.

Companies 70

Companies Investing 70

The Motley Fool

JUNE 11, 2024

The demand for artificial intelligence (AI) is growing rapidly, and that's not surprising as this technology is expected to contribute significantly to the global economy in the long run. According to PwC, AI could contribute a whopping $15.7 trillion to the world economy by 2030, driven by an increase in labor productivity as well as a jump in the usage of this technology by consumers.

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Capital Prospects Returns Investors 241