The Motley Fool
JUNE 9, 2024
Most personal finance experts recommend waiting as long as necessary to claim Social Security in order to qualify for the largest possible benefit. For most, that means applying for retirement benefits at age 70. While 70 is, statistically speaking, the optimal age to claim for the majority of retirees, it doesn't mean there are no downsides to waiting that long before taking Social Security.
The Big Picture
JUNE 9, 2024
@TBPInvictus here. About a decade or so ago, the city of Seattle undertook to raise its minimum wage, over time, to $15/hour. (Massive credit to my friend Nick Hanauer for his efforts to make that happen.) What followed in the immediate aftermath of both the announcement and implementation was nothing less than a apocalyptic, collective head explosion on the right about the devastating effects the increase would have, particularly in the food services sector: However, there’s little doubt that t
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The Motley Fool
JUNE 9, 2024
Nvidia 's (NASDAQ: NVDA) recent stock split may have been one of the most anticipated events on investors' financial calendars. On June 7, the company completed its 10-for-1 stock split, and the stock will begin trading at the split-adjusted price on Monday, June 10. A stock split involves issuing more shares to current holders to bring down the price of a stock that's reached high levels.
A Wealth of Common Sense
JUNE 9, 2024
The bad news about the historic bond bear market is that fixed income investors were forced to deal with large losses in certain areas of the bond market. The good news is the rising rates that caused the bear market in bonds mean yields are in a much better place than they’ve been for the past 10-15 years. Fixed income has income again. In fact, investors in search of yield have all sorts of options — T-bill.
The Motley Fool
JUNE 9, 2024
Image source: Upsplash/The Motley Fool Two Hyundai and four Kia models made the list of top 10 most stolen vehicles in 2023 with a combined 174,421 stolen, according to the National Insurance Crime Bureau. They've become popular targets over the last few years after viral social media videos showed thieves how they could exploit a security flaw with these vehicles' ignitions to steal them more easily.
Million Dollar Round Table (MDRT)
JUNE 9, 2024
By Rebecca J. Gonzalez, CFP, CLU Visitors to our office walk in and see a chalkboard with client photos representing their bucket list accomplishments. This is our bucket list board, and we have a different theme every year. This year’s theme is “Defy your age.” We ask our clients to submit photos that demonstrate what they are doing to defy their age.
Private Equity Central brings together the best content for private equity professionals from the widest variety of industry thought leaders.
FinSMEs
JUNE 9, 2024
Fibe, a Mumbai, India-based consumer app that enables the mid-income group to fulfil their aspirations, raised USD 90M in Series E funding. The round was led by TR Capital, Trifecta Capital and Amara Partners. Existing investors TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures and Chiratae Ventures also participated in the funding. The company […] The post Fibe Raises USD 90M in Series E Funding appeared first on FinSMEs.
The Motley Fool
JUNE 9, 2024
Carnival (NYSE: CCL) (NYSE: CUK) is the leading global cruise operator. It has fully recovered after sales went to zero early in the pandemic -- and yet, investors are sending its stock down this year. It trades at a dirt cheap valuation , but its growth story is far from over. Here's why you may not see an opportunity to buy it at a price like this again.
FinSMEs
JUNE 9, 2024
Tomato.ai, a Danville, CA-based speech AI company specializing in accent softening software, raised $2.1M+ in extension seed funding. Backers included Cardumen Capital, Recursive Ventures, and Gaingels. The company intends to use the funds to expand operations and its development efforts. Led by CEO Ofer Ronen and CTO James Fan, Tomato.ai is launching two solutions, Accent […] The post Tomato.ai Raises $2.1M+ Extension To Seed Funding appeared first on FinSMEs.
The Motley Fool
JUNE 9, 2024
Some investors might not want to pick individual stocks for all or even some of their portfolios. This is where something like an exchange-traded fund (ETF) comes into the picture. While an ETF that tracks the S&P 500 might get a lot of the attention because it is a top benchmark for assessing how the stock market is doing, there's another ETF that investors need to consider that could potentially lead to stronger long-term returns.
Africa Capital Digest
JUNE 9, 2024
To read this article, you must be a paid subscription member. (Current members login here) [.] The post FCMB and TLG launch Naira-denominated debt fund first appeared on Africa Capital Digest.
The Motley Fool
JUNE 9, 2024
Nvidia (NASDAQ: NVDA) has been one of the hottest stocks out there for the past couple of years (up 582% since June 2021), but there are reasons to believe that it still has plenty of upside ahead. Let's look at six reasons why now might be a good time to buy Nvidia stock like there's no tomorrow. 1. Nvidia is having trouble keeping up with product demand Demand for Nvidia's graphic processing units (GPUs) is booming as companies clamor to get supplies of its chips for artificial intelligence (A
Financial Times: Moral Money
JUNE 9, 2024
Several months of fund outflows mark the decline of ESG as a marketing tool
The Motley Fool
JUNE 9, 2024
Two months ago, Bloomberg put SpaceX in its gunsights : Contrary to CEO Elon Musk's boasts, argued the news agency, claims that the company's Starlink satellite internet subsidiary is already profitable seem "suspect." Citing "persons familiar" with SpaceX's finances, Bloomberg argued that SpaceX is losing "hundreds" of dollars on every Starlink ground terminal it sells.
FinSMEs
JUNE 9, 2024
Radiant Logistics, Inc. (NYSE American: RLGT), a Renton, WA-based provider of technology-enabled global transportation and value added logistics solutions, acquired the operations of DVA Associates, Inc., a Portland, OR-based company that provides a full range of domestic and international transportation and logistics services across North America. The amount of the deal was not disclosed.
The Motley Fool
JUNE 9, 2024
The stock market's benchmark S&P 500 index reached another all-time record high of 5,321.41 on May 21. Since then, the index has seen a small pullback, but the ongoing momentum in artificial intelligence (AI) stocks amid an improving economy and stabilizing interest rates could buoy the index to new highs. In fact, according to Fundstrat Global Advisors Managing Partner Tom Lee, the S&P 500 could reach 5,500 by the end of June.
FinSMEs
JUNE 9, 2024
DataGuard, a Munich, Germany Software-as-a-Service (SaaS) company for security and compliance, acquired DPOrganizer, a London, UK-based provider of privacy management software. The amount of the deal was not disclosed. This acquisition expands DataGuard’s footprint particularly in the Nordic region and the UK, and strengthens the company’s market position across its core geographies Europe and North […] The post DataGuard Acquires DPOrganizer appeared first on FinSMEs.
The Motley Fool
JUNE 9, 2024
The tech industry is booming, bolstered by advances in sectors like artificial intelligence (AI), cloud computing, chip design, virtual/augmented reality (VR/AR), and much more. Thanks to its seemingly ever-expanding nature, tech has repeatedly proven to be one of the best markets to invest in over the long term. Many of the industry's biggest players have reputations for delivering significant gains over many years, proven by the Nasdaq-100 technology sector's rise of 390% over the last decade.
FinSMEs
JUNE 9, 2024
Omega Systems, a Reading, PA-based managed service provider (MSP) and managed security service provider (MSSP), acquired Stamford, CT-based Amnet Technology Solutions and Cloudpath. The amount of the deals were not disclosed. The acquisition accelerates Omega’s growth momentum and provides Amnet and Cloudpath customers with access to technical expertise and an extensive portfolio of managed IT, […] The post Omega Systems Acquires Amnet Technology Solutions and Cloudpath appeared first on F
The Motley Fool
JUNE 9, 2024
Dogecoin (CRYPTO: DOGE) went through some wild swings over the past three years. The cryptocurrency was launched in 2013 as a parody of Bitcoin (CRYPTO: BTC) named after the Shiba Inu dog meme. It was only worth $0.01 at the beginning of 2021, but by May 8 of that year, it had soared to a record high of $0.73. That rally was driven by two main tailwinds.
FinSMEs
JUNE 9, 2024
OneRail, an Orlando, FL-based last mile delivery fulfillment solution provider, acquired Orderbot, a Vancouver, Canada-based provider of a distributed order management (DOM) solution. The amount of the deal was not disclosed. This acquisition combines Orderbot’s inventory and order management capabilities with OneRail’s extensive OmniPoint® cloud-based last mile operating system and delivery network.
The Motley Fool
JUNE 9, 2024
Building a $1 million retirement nest egg is achievable for many people. It all boils down to a combination of time, returns, and contributions. The more you have of each one, the more likely you'll become a millionaire retiree. For example, investing $300 a month into something that returns 10% annually (roughly the average stock market return over the past 50 years) will grow into $1 million in about 34 years.
FinSMEs
JUNE 9, 2024
insightsoftware, a Raleigh, NC-based provider of solutions for the Office of the CFO, acquired FXLoader, an Alton, UK-based provider of automated exchange rate loading software for enterprise resource planning (ERP) systems and financial applications. The amount if the deal was not disclosed. With the acquisition, FXLoader will expand insightsoftware’s existing reporting and consolidation capabilities by automating […] The post insightsoftware Acquires FXLoader appeared first on FinSMEs.
The Motley Fool
JUNE 9, 2024
Data from Grand View Research shows the artificial intelligence (AI) market hit nearly $200 billion in 2023 and is projected to have a compound annual growth rate of 37% until at least 2030. That trajectory will see the industry reach close to $2 trillion, indicating it's not too late to invest. AI stocks have captivated Wall Street over the last year, with bullish investors boosting the Nasdaq Composite by 27% since last June.
FinSMEs
JUNE 9, 2024
Netsurit, a NYC-based managed service provider (MSP) industry leader, acquired Avaunt Technologies, Inc., a Tacoma, WA-based MSP company offering technical services to small and medium businesses. The amount of the deal was not disclosed. The addition of Avaunt strengthens Netsurit’s position and enhances its capabilities in the managed service sector.
The Motley Fool
JUNE 9, 2024
Trading at record highs thanks to its 60% rally over the course of the past 12 months, Costco Wholesale (NASDAQ: COST) stock could be a bit intimidating. It feels like a pullback could be in the offing. And, maybe that's exactly what's in the cards. Perhaps the bigger risk here, however, is at the other end of the continuum. That is, waiting any longer to buy into this red-hot name could prove costly by virtue of missing out on more upside.
FinSMEs
JUNE 9, 2024
Health Catalyst, Inc. (Nasdaq: HCAT), a Salt Lake City, UT-based provider of data and analytics technology and services to healthcare organizations, acquired Carevive Systems, a Boston, MA-based oncology-focused health technology company. The amount of the deal was not disclosed. With the acquisition, Health Catalyst will strengthen its ability to support care and process improvement in oncology […] The post Health Catalyst Acquires Carevive appeared first on FinSMEs.
The Motley Fool
JUNE 9, 2024
If you retire on Social Security alone, you may have to cut back on spending significantly compared to your working years. And while you may be prepared to do that to some degree, you probably don't want to do that to an extreme. That's why it's best to save a bundle for retirement -- so you're able to live the lifestyle you want without worry. Of course, the amount of savings you should aim for will hinge on your specific lifestyle and goals.
FinSMEs
JUNE 9, 2024
Bain Capital acquired PowerSchool (NYSE: PWSC), a Folsom, CA-based provider of cloud-based software for K-12 education, in a transaction valuing the company at $5.6 billion. Under the terms of the agreement, PowerSchool stockholders will receive $22.80 per share in cash upon completion of the proposed transaction. Following the close of the deal, Vista Equity Partners […] The post Bain Capital Acquires PowerSchool appeared first on FinSMEs.
The Motley Fool
JUNE 9, 2024
One of the most notable trends for investors this year is the resurgence in the popularity of stock splits. The ongoing bull market is fueling a rise in stock prices, as evidenced by stock split announcements by Chipotle and Walmart. However, the rapid adoption of artificial intelligence (AI) is also driving up stock prices, thanks to surging sales and profits.
Africa Capital Digest
JUNE 9, 2024
To read this article, you must be a paid subscription member. (Current members login here) [.] The post IFC signs off on financing package for Nigerian agribusiness first appeared on Africa Capital Digest.
The Motley Fool
JUNE 9, 2024
Natural gas is cleaner burning than coal or oil, and environmentally conscious users like that fact. It a big part of why the United States exports an increasing amount of this type of fuel. Transporting it requires it to be cooled and liquified, to create liquified natural gas (LNG). This is where Tellurian (NYSEMKT: TELL) comes into the story, since it is building an LNG export terminal in Louisiana.
Africa Capital Digest
JUNE 9, 2024
To read this article, you must be a paid subscription member. (Current members login here) [.] The post Development finance institutions back ship repair company with debt first appeared on Africa Capital Digest.
The Motley Fool
JUNE 9, 2024
Believe it or not, but Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) pays dividends nowadays. On the eve of the Google parent company's first-quarter earnings report, its board of directors also announced Alphabet's first-ever dividend payment. The new policy starts with a payout of $0.20 per share, issued on June 17 to holders of Class A (GOOGL voting shares), Class B (insiders only, 10 votes each), and Class C (GOOG shares without voting powers) shares.
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