Fri.Aug 04, 2023

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Why Fortinet Stock Plunged Today

The Motley Fool

What happened Shares of Fortinet (NASDAQ: FTNT) were down 24.3% at 10:45 a.m. EDT Friday, according to data provided by S&P Global Market Intelligence , after the cybersecurity specialist announced mixed second-quarter 2023 results relative to Wall Street's expectations. The company also lowered its full-year revenue and billings guidance. So what At a glance, Fortinet's results didn't look terrible; revenue climbed 25.5% year over year (YOY) to $1.29 billion, translating to adjusted net inc

Returns 246
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Apollo, Blue Point, A&M love cats and dogs; plus a conversation with Iron Path Capital

PE Hub

In July, Apollo unveiled a strategic minority investment in PetSmart, which is majority owned by BC Partners. The post Apollo, Blue Point, A&M love cats and dogs; plus a conversation with Iron Path Capital appeared first on PE Hub.

Capital 205
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5 Things to Buy at the Dollar Store Instead of the Supermarket

The Motley Fool

Image source: Getty Images If you're looking to trim fat from your budget , shopping at dollar stores may be a good place to start. The days when everything at a dollar store actually cost $1 are gone, but you can still score steep discounts. You probably won't be able to replace supermarket shopping entirely with your local dollar store, as dollar stores tend to have sparse selections of fresh groceries, particularly produce.

Financing 246
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Bone appétit: 5 PE-backed deals counting on your love of animals

PE Hub

Apollo, Blue Point and A&M are a few of the firms capitalizing on increased pet ownership and care. The post Bone appétit: 5 PE-backed deals counting on your love of animals appeared first on PE Hub.

Capital 197
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Want to See the Barbie Movie Without Spending $15-Plus a Ticket? Here's How

The Motley Fool

Image source: Getty Images Barbie i s all the talk this summer -- and for good reason. Since its release, the movie has achieved many domestic box office records. This includes having the biggest opening weekend of 2023 by bringing in $162 million at the domestic box office, the biggest opening weekend in history for a film directed by a woman. If you haven't seen Greta Gerwig's Barbie yet, it's not too late to see it in theaters.

Financing 246
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Elon Musk Randomly Goes Live in the Middle of the Night to Post Video of Him Lifting Weights

Entrepreneur - VC

X owner Elon Musk went live on the app early Friday morning to post a video in a conference room where he began to laugh and do a bicep curl. Read more about Elon Musk's X, here.

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'We Are a Work-From-Work Company': Leaked Memo Demands Blue Origin Employees Return to Office 5 Days a Week

Entrepreneur - VC

A leaked memo from executives at Blue Origin, Jeff Bezos' space exploration company, reportedly claims that employees in select offices will now be required to return to the office full-time.

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Which Is a Better Buy: Uber or Airbnb?

The Motley Fool

In many ways, Uber (NYSE: UBER) and Airbnb (NASDAQ: ABNB) are mirror images of each other. Both companies were founded around the same time, in 2007 to 2009, as disruptors of massive industries made possible by the smartphone. Uber aimed to disrupt the traditional taxi industry and broader transportation sector, while Airbnb challenged hotels, creating a new category of accommodations now known as home-sharing.

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To Bard, or not to Bard?

FinSMEs

Hello, WSS.media is on the line. We have brought you a lot of interesting and new information about Bard AI. This article will be useful to SEO specialists, marketing managers, and anyone who keeps abreast of the latest news. From the article, you will learn whether you need to change your promotion strategy and how […] The post To Bard, or not to Bard?

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This 'Barbie' Star Paid Off Her Mom's Mortgage. Here's How People Like You Can Pay Off Their Mortgage Faster

The Motley Fool

Image source: Getty Images Everywhere you go, you're probably seeing a lot of Barbie content. Since opening, Greta Gerwig's popular movie has generated nearly $775 million globally so far. Margot Robbie is one of the producers of the film and stars as the lead character. Margot has been a household name for a while but wasn't always a big-name star.

Debt 246
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Ozlo Sleep Emerges From Stealth With $10M in Series A Funding

FinSMEs

Ozlo Sleep, a Boston, MA-based science-driven sleep and audio technology company, emerged from stealth after completing a $10M Series A funding. The round, raised last fall, was led by LifeArc Ventures and ARTIS Ventures. Dr. Imran Hamid, Senior Investment Principal at LifeArc Ventures, and Vasudev Bailey, Senior Partner at ARTIS Ventures, have joined the Board of Directors.

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1 Unstoppable AI Stock to Buy Hand Over Fist

The Motley Fool

Artificial intelligence investing is intriguing because there are many ways to capitalize on this technological shift. Whether it's software or hardware, there are a lot of products in the AI value chain. However, one is universal among all of them: chips. And to make the smallest, most powerful varieties, you need a specialized extreme ultraviolet (EUV) lithography machine.

Capital 246
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Watch: Boston Police Officer Gets Wrecked After Riding Children's Slide In City Hall Plaza

Entrepreneur - VC

A video is going viral of a Boston Police Officer riding a children's slide in the middle of the city and nearly falling off before sustaining head injuries upon landing.

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2 Top Insurance Stocks to Buy in August

The Motley Fool

Investing in the stock market is one great way to build long-term wealth. One essential component of investing is diversifying your portfolio across stocks with different risk profiles. Investments across industries are one great way to achieve diversification, and one sector you should consider investing in is insurance. Insurance companies sell products that are always in demand, and their earnings tend to rise with economic growth and inflation.

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Ribbit Capital Raises USD800M for Fund X

FinSMEs

Ribbit Capital, a Palo Alto, CA-based fintech focused venture capital firm, raised approx. USD800M for its latest fund. According to a regulatory form filed with the SEC, the total number of investors who already have invested in the offering of Ribbit Capital X, L.P. is 247. Founded in 2012 by Meyer “Micky” Malka, Ribbit Capital invests […] The post Ribbit Capital Raises USD800M for Fund X appeared first on FinSMEs.

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The 5 Best Dollar Tree Products to Buy for Your Home

The Motley Fool

Image source: Getty Images Dollar Tree has a much bigger selection of products than you might imagine. And what's great is that while these items are bank-account friendly, they don't necessarily look "cheap". In fact, you can pick up many great items for your home that will enhance your decor without leaving you with a big credit card bill. If you're not sure where to start, check out these five awesome items that no one would guess cost just $1. 1.

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Bill Gates Says Changing This Toxic Habit Helped Him Be More Productive: 'I Need to Try Harder'

Entrepreneur - VC

On an episode of his podcast "Unconfuse Me with Bill Gates," the billionaire discussed the importance of sleep in his schedule and the mental benefits that have come as a result of getting more of it.

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2 Excellent Tech Stocks to Buy on the Dip

The Motley Fool

Even with equity markets recovering, many stocks have yet to bounce back from last year's downturn. So there are plenty of opportunities for investors to pick up quality stocks from the discount bin. Of course, not all stocks that are down will bounce back over the long run, so as always, it's essential to choose wisely. With that said, let's consider two stocks that lagged the market over the past year and are worth holding onto for a while: PayPal (NASDAQ: PYPL) and Fiverr (NYSE: FVRR). 1.

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Polars Raises USD4M in Seed Funding

FinSMEs

Polars, an Amsterdam, The Netherlands-based Rust-based DataFrame library for data scientists and engineers, raised USD$4m in seed funding. The round was led by Bain Capital Ventures with participation from individual investors. The company intends to use the funds to expand the team, and build a compute platform to efficiently run the platform at any scale.

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Shopify Stock: Headed to $80?

The Motley Fool

Despite Shopify (NYSE: SHOP) posting better-than-expected second-quarter revenue and adjusted earnings per share this week, shares of the e-commerce software-as-a-service platform took a hit following the quarterly update. In total, the stock fell more than 5% on Thursday. What's even more surprising is that the stock's decline comes as a handful of analysts upgraded their 12-month price targets for the stock after digesting the solid second-quarter results.

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Nearly 3 out of 4 Marketing Professionals Use AI to Create Content, New Study Shows

Entrepreneur - VC

Generative AI is changing the way marketers are solving their creative needs, not least in improved speed and efficiency: Ways it can fuel new creativity and profitability for your business in this sector.

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1 Unstoppable Stock That Could Soar 1,063% to Join the $1 Trillion Club

The Motley Fool

The U.S. economy has evolved over time. The industries that created the most value last century -- steel and automaking -- are not the ones leading the way today. The leaders now come from the technology sector. The first public company to amass a $1 trillion valuation was Apple in 2018. Its market capitalization has since grown to over $3 trillion.

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O’Shaughnessy Ventures Launches Grants Program

FinSMEs

O’Shaughnessy Ventures LLC, a Greenwich, Conn.-based investment firm that empowers creators, has launched the O’Shaughnessy Grants program. Five individuals have been selected as the inaugural O’Shaughnessy Grants recipients. They will each receive a $10K grant and access to OSV’s network of founders, investors and experts to support them in bringing their projects to life.

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Want to Be a Stock Market Millionaire? Here's How Much to Invest Each Month.

The Motley Fool

Reaching millionaire status isn't easy, but it is achievable -- especially with the right strategy. Investing in the stock market is one of the most effective ways to build wealth, and with enough time and consistency, you could potentially earn well over $1 million. Exactly how much you'll need to invest each month depends on your timeline. Compound earnings help your savings grow faster the more time they have to accumulate, so the sooner you get started investing, the easier it will be to ear

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Persist AI Raises $4M in Seed Financing

FinSMEs

Persist AI, a Woodland, CA-based AI-driven drug formulation company, raised $4M in funding following their completion of YCombinator. The round was led by 2048 Ventures with participation from Innospark Ventures, Fellows Fund, YCombinator, Pioneer Fund, and others. The company intends to use the funds to expand operations and its development efforts.

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Black Hills: Buy, Sell, or Hold?

The Motley Fool

When it comes to utilities, investors may know U.S. giants like NextEra , Duke , American Electric Power , and Southern. You may not have heard of Black Hills (NYSE: BKH) , which is just a fraction of the size of these giants. Don't let that stop you from buying the stock, which is trading with a yield of 4.1%, near a 10-year high. Here are some near-term and long-term reasons to like this income investment.

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A Billionaire Wants to Use a Cargo Plane to Fly an Orca to Freedom After 53 Years in Captivity. Here's How It Could Work.

Entrepreneur - VC

A $20 million plan to release a killer whale named Tokitae from captivity is firming up. The orca has been kept in a small enclosure in the Miami Seaquarium since her capture 53 years ago.

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1 Growth Stock Down 80% to Buy Right Now

The Motley Fool

Roku 's (NASDAQ: ROKU) second-quarter results exceeded Wall Street estimates by a huge margin. Revenue jumped 11% year over year to total $847 million. And after posting a net loss of $112 million in the year-ago quarter, the business only lost $108 million in the latest period. Shares have been on an absolute tear, up 137% through the first seven months this year, boosted by the most recent earnings report.

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The 10 Commandments of Networking You Must Know to Build Authentic Connections

Entrepreneur - VC

I've researched the art of networking for more than 10 years, and these are the 10 key components of fostering genuine relationships with other entrepreneurs.

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This One Thing Can Get You a Low Mortgage Rate Right Now

The Motley Fool

Image source: Getty Images It's not just that home prices are significantly higher than they were a few years ago. Rising interest rates have done even more than higher prices to hurt home affordability. Even without the price increases, the average payment on a $400,000 mortgage at the current 6.87% average 30-year interest rate is $2,626, as compared with about $1,686 for a loan of the same amount in January 2022 before rates started to spike higher.

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Beyond Logos and Colors — How to Create a Compelling Brand Identity

Entrepreneur - VC

Discover the essential elements and proven strategies to build a compelling brand identity that forges lasting connections, inspires loyalty and drives business success in a dynamic and competitive market.

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Why QuantumScape Stock Plunged 40% This Week

The Motley Fool

What happened Betting on QuantumScape (NYSE: QS) stock isn't for the faint of heart. After clocking massive 41% gains last week, shares of the electric vehicle (EV) battery maker have made a complete U-turn in the last few days. They were trading 40% lower this week through 10:40 a.m. ET Friday, according to data provided by S&P Global Market Intelligence.

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Hamilton Lane hits halfway mark for $5bn-targeting secondaries fund

AltAssets

Alternatives assets major Hamilton Lane is roughly halfway to its goal for its $5bn-targeting secondaries fundraise. The post Hamilton Lane hits halfway mark for $5bn-targeting secondaries fund first appeared on AltAssets Private Equity News.

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3 Red Flags for Rivian

The Motley Fool

Rivian (NASDAQ: RIVN) faces a number of challenges in 2023, and investors should be cautious about overpaying for an automaker that's still years from making a profit. In this video, Travis Hoium digs into some troubling trends. *Stock prices used were end-of-day prices of July 28, 2023. The video was published on July 31, 2023. 10 stocks we like better than Rivian Automotive When our analyst team has a stock tip, it can pay to listen.

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