Wed.Jun 12, 2024

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2 Cryptocurrencies to Avoid, and 1 to Buy Hand Over Fist

The Motley Fool

The conventional wisdom is that most cryptocurrencies will tend to rise higher in a crypto bull market rally until they reach new all-time highs. While that might be the case for Bitcoin (CRYPTO: BTC) , it's not necessarily true for other cryptocurrencies. If you want to maximize the performance of your crypto portfolio, you'll need to know which cryptos to avoid and which ones to buy hand over fist.

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Daisy Raises $11M in Series A Funding

FinSMEs

Daisy, a Costa Mesa, CA-based home and small business technology installation and services company, raised $11M in Series A funding. The round, which brought the total amount to $13.3M, was led by Goldcrest and Bungalow with participation from Bullish, Burst Capital, and angel investors. The company intends to use the funds to onboard new partners […] The post Daisy Raises $11M in Series A Funding appeared first on FinSMEs.

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Is Nvidia Stock a Buy After the 10-for-1 Stock Split?

The Motley Fool

With shares up by an eyewatering 25,000% over the last 10 years, it's no surprise that Nvidia (NASDAQ: NVDA) relies on stock splits to keep its equity price manageable for smaller investors who may not have access to fractional shares. The most recent of these went into effect on June 7 and gave investors 10 shares of Nvidia for each one they previously owned -- bringing its stock price to around $126 at the time of writing.

Prospects 246
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Stanly Raises $8M in Pre-Series A Funding

FinSMEs

Stanly, a Los Angeles, CA-based provider of a platform designed for fans to connect, engage, and celebrate their favorite fandoms, raised $8M in Pre-Series A funding. The round was led by Adrian Cheng’s C Capital, with participation from AppWorks, Goodwater, Palm Drive Capital, and others. The company intends to use the funds to expand its team […] The post Stanly Raises $8M in Pre-Series A Funding appeared first on FinSMEs.

Funds 106
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What Is the Dividend Payout for Verizon Communications Stock?

The Motley Fool

One of the more notable dividend stocks of the last few years is Verizon Communications (NYSE: VZ). The company has been making regular payouts since soon after it split from AT&T in the early 1980s. Moreover, it has a 17-year streak of payout hikes. Contrast that with AT&T, which slashed its payout in 2022 after more than three decades of consecutive annual increases and hasn't boosted it since.

Debt 246
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Canary Speech Raises $13M in Series A Funding

FinSMEs

Canary Speech, a Provo, UT-based AI-powered voice biomarker health tech company, raised $13m in Series A funding. The round was led by Cortes Capital (Love’s Private Equity), with participation from Sorenson Communications, SMK, and Hackensack Meridian Health. The company intends to use the funds to expand its team to support growth driven by advancements in artificial intelligence […] The post Canary Speech Raises $13M in Series A Funding appeared first on FinSMEs.

Funds 106

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Turning AI loose inside asset-owner organisations

Top 1000 Funds

The power of artificial intelligence to makes sense of huge volumes of data and produce real business gains has obvious appeal for asset owners. Working out how to apply the technology can be overwhelming, but the Fiduciary Investors Symposium heard that the most important thing is to start.

Assets 98
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Prediction: 2 Stocks That Will Be Worth More Than Apple 10 Years From Now

The Motley Fool

Well, it's official: Another company has surpassed Apple 's (NASDAQ: AAPL) market cap. Last week, Nvidia became the second-largest U.S. company, trailing only Microsoft. It was another blow to Apple, whose revenue remains stuck in neutral. And it's facing a federal antitrust lawsuit. Indeed, given Apple's struggles and the impressive growth of some of its fellow tech megacaps, several more companies will likely surpass Apple's market value over the next decade.

Returns 246
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Distressed debt soars at PE portfolio companies

Private Equity Wire

Distressed debt levels at private equity-owned companies have surged amid persistent high interest rates, with the amount owed by portfolio companies of the world’s 50 largest PE firms up 18% since mid-March to $42.7bn, according to a report by Bloomberg citing rankings from Private Equity International. With the PE industry loaded up with companies acquired during a period of low interest rates, industry leaders including Apollo Global’s Scott Kleinman and Steve Wilkinson, a managin

Debt 98
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You Won't Believe How Much Debt the Average American Has

The Motley Fool

Image source: Getty Images As everyday living costs increase, many U.S. households are facing financial struggles. Unfortunately, many Americans have significant debt, which continues to grow. It may shock you to know how much debt the average American has. To better understand the problem, let's review some debt stats. I'll share some tips on what you can do to eliminate your debt sooner.

Debt 246
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Animal Spirits: Addicted to Trading

A Wealth of Common Sense

Today’s Animal Spirits is brought to you by Nasdaq and Fabric: See here for more information on Nasdaq’s ETF ecosystem Go to meetfabric.com/spirits for more information on life insurance from Fabric by Gerber Life On today’s show, we discuss: Daily TSA travel data still strong The loneliness of the American worker Why the recession still isn’t here Americans have more investment income than e.

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Prediction: This Will Be Nvidia's Next Big Move

The Motley Fool

Nvidia 's (NASDAQ: NVDA) performance has been nothing short of remarkable of late. I'm talking about Nvidia the stock and Nvidia the company. The stock's performance speaks for itself. Shares have exploded higher by about 725% since January 2023. But that surge in price wasn't just driven by overexuberant investors. Nvidia's business itself has exploded -- and its data center business, in particular.

Returns 245
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Deal Roundup: KKR said to pay $850m for minority Quick Quack Car Wash stake, Permira lowers Golden Goose IPO expectation with €1.86bn market cap

AltAssets

KKR has made a “significant” minority investment in Quick Quack Car Wash, reported by Reuters to be around $850m. Long-time Quick Quack investor Seidler Equity Partners will continue to hold a stake in the business. The company has more than 230 express car wash locations across California, Texas, Arizona, Utah and Colorado. KKR director Sam […] The post Deal Roundup: KKR said to pay $850m for minority Quick Quack Car Wash stake, Permira lowers Golden Goose IPO expectation with

Stakes 94
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2 Millionaire-Maker Artificial Intelligence (AI) Stocks

The Motley Fool

The artificial intelligence (AI) market exploded since the start of last year, creating many millionaires along the way. The vast potential of the technology and its ability to boost countless industries made investors bullish about nearly every company that has ventured into AI. In fact, the Nasdaq-100 technology sector soared 35% since last June, primarily driven by AI excitement.

Returns 245
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New PE firm Niobrara launches with focus on tech ecosystem

Private Equity Wire

Niobrara Capital Partners, a New York-based middle market private equity firm focused on tech and tech-enabled services companies operating in North America, has launched. The firm has an initial team of approximately fifteen professionals and will seek to invest in companies benefitting from mega trends in the evolving technology landscape that Niobrara believes will drive significant economic transformation across all industries and disrupt existing business models, creating opportunities for

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There's a Major Deal Brewing Between a Top Cannabis Producer and a Leading Beer Maker

The Motley Fool

The cannabis industry represents a huge growth opportunity for not just investors, but companies in other industries as well. But due to the federal ban on pot, many companies shy away from trying to collaborate or engage in mergers and acquisitions with marijuana producers. However, rumors are swirling that there could be a fairly significant deal on the horizon, one which involves a major pot producer and a top brewer.

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H2 invests in The Coach Travel Group

Private Equity Wire

H2 Equity Partners has made an investment in The Coach Travel Group, which comprises seven UK regional coach operators: Alpine Travel, Barnes Coaches, Coatham Coaches, JH Coaches, Johnsons Coaches, Swans Travel and The Ready Group. As part of the investment, these operators will merge to form a national group providing unscheduled coach services across the UK, including private hire, contracts for schools and corporations, as well as holidays and tours.

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Great News for SoundHound AI Investors

The Motley Fool

SoundHound AI (NASDAQ: SOUN) stock has delivered outstanding gains of 119% so far this year, but a closer look at its price chart shows that it has witnessed a lot of volatility. Shares of the company that's known for providing voice artificial intelligence (AI) solutions are down 48% from their 52-week highs hit in March this year. SoundHound AI stock has witnessed such a sharp pullback for various reasons, ranging from factors out of its control to analyst downgrades to a short report.

Investors 237
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Partners Group closes fifth direct PE programme above $15bn target

Private Equity Wire

Partners Group has surpassed its target of $15bn in client commitments for its fifth direct private equity programme, which comprises commitments to the Partners Group Direct Equity V fund, as well as bespoke client solutions and open-ended funds that allocate to the same strategy. Partners Group focuses on technology, health & life, goods & products, and services, and “partners with management teams to build a value creation plan around clearly defined strategic pillars”, ac

Assets 93
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The Smartest Dividend Stocks to Buy With $1,000 Right Now

The Motley Fool

Stocks have continued to rally this year. While that's great for portfolio values, finding attractive new investment opportunities has become more difficult. That's especially true for income-seeking investors since dividend yields fall as stock prices rise. However, there are still some compelling income opportunities if you know where to look. For example, the average real estate investment trust (REIT) currently yields over 4%, roughly triple the S&P 500 's dividend yield.

Finance 223
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Former ING arm Parquest raises €414m for above-target close of third independent fund

AltAssets

Mid-market French private equity house Parquest has rasied more than €410m for the final close of its third flagship fund since spinning out of ING Group in 2014. The post Former ING arm Parquest raises €414m for above-target close of third independent fund first appeared on AltAssets Private Equity News.

Funds 87
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3 High-Yielding Dividend Stocks That Pay More Than Four Times the S&P 500 Average

The Motley Fool

If you want a good dividend, you can aim much higher than the 1.4% yield that the S&P 500 averages. In some cases, you can earn a lot more than the average -- without even having to take on much more risk. While high-yielding stocks sometimes have the connotation of being risky investments, that isn't always the case. Three stocks I'd feel comfortable relying on for dividend income that yield more than 6% today are AT&T (NYSE: T) , Enbridge (NYSE: ENB) , and Western Union (NYSE: WU).

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Ex-Secretary of State Pompeo joins former One Equity Partners pair to launch new private equity firm Niobrara

AltAssets

A pair of former One Equity Partners senior execs have teamed with former US Secretary of State Mike Pompeo to launch a new private equity firm. The post Ex-Secretary of State Pompeo joins former One Equity Partners pair to launch new private equity firm Niobrara first appeared on AltAssets Private Equity News.

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Cybersecurity Soars; Cyclical Stocks Cycle

The Motley Fool

In this podcast, Motley Fool host Dylan Lewis and analysts Bill Mann and Jason Moser discuss: The strength of CrowdStrike 's recent earnings and cybersecurity spend, a cyclical company that looks interesting, and why even at valuation lows, Lululemon Athletica has some work to do. Why some investors are interested in starting a new stock exchange in Texas and Spotify Technologies ' latest price hikes.

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Blue Wolf Capital appoints senior advisor

Private Equity Wire

Blue Wolf Capital Partners, a middle market private equity firm specialising in the industrial and healthcare sectors, has appointed Steve Sleigh as a senior advisor, following the retirement of Mike Musuraca. According to a press statement, in his new role, Sleigh will advise the firm on new investments, provide strategic and operational counsel to Blue Wolf’s portfolio companies on labour issues and help expand Blue Wolf’s partnerships with labour unions and institutional investors.

Capital 90
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2 No-Brainer Energy Stocks to Buy Right Now for Less Than $500

The Motley Fool

Oil and gas prices are historically volatile, making investing in the industry tricky. However, global energy demands continue rising, and years of underinvestment and other geopolitical factors could keep oil and gas prices elevated for the next several years. You could take a couple of different approaches if you're looking to add energy exposure to your portfolio.

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Danelfin Raises €2M in Funding

FinSMEs

Danelfin, a Barcelona, Spain-based company developing AI-technology to enhance stock selection and portfolio management for retail investors, raised €2M in funding. The round was led by Nauta Capital, with participation from existing investors. The company intends to use the funds to support its plans for growth, product development, international localization, and operations.

Funds 70
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Where Will ServiceNow Stock Be in 3 Years?

The Motley Fool

ServiceNow 's (NYSE: NOW) stock has rallied more than 50% over the past three years as the S&P 500 advanced about 26%. The cloud software provider's shares suffered a steep decline in 2022 as the macro headwinds throttled its growth and compressed its valuations, but it bounced back in 2023 as it overcame some of those challenges. So can ServiceNow's stock head even higher over the next three years?

Returns 130
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Gorilla Raises €23M in Series B Funding

FinSMEs

Gorilla, a Antwerp, Belgium-based technology company that enables energy retailers to gather and process vast amounts of critical data, raised €23M in Series B funding. The round was led by Headline with participation from existing investors Beringea and the Flemish investment company PMV. The company intends to use the funds to further its expansion into […] The post Gorilla Raises €23M in Series B Funding appeared first on FinSMEs.

Funds 70
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1 Growth Stock Down 20% to Buy Right Now

The Motley Fool

Latin American e-commerce leader MercadoLibre (NASDAQ: MELI) is a riddle. The broader stock market is near all-time highs, but this stock is down roughly 20% from its peak. What gives? There's not an obvious problem with the company. Sometimes, the stock market acts irrationally, and we must take that at face value. However, investors need not sit idly by while such an outstanding growth stock trades at a discount.

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Holdstation Raises 7-Figure Funding Round

FinSMEs

Holdstation, a Singapore-based company which speciliazes in account abstraction adoption, received a 7-figure investment from SNZ Capital, Summer Ventures, and EVG Ventures. The company intends to use the funds to further enhance its growth for the development of its smart AI wallets, merging advanced artificial intelligence with simplified blockchain interactions to redefine user portfolio management. […] The post Holdstation Raises 7-Figure Funding Round appeared first on FinSMEs.

Funds 67
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Why Rivian Stock Jumped Today

The Motley Fool

Investors pushed shares of Rivian Automotive (NASDAQ: RIVN) higher by as much as 5% Wednesday morning. Two news items released today were interpreted as tailwinds for the electric vehicle (EV) maker. Rivian shares pared those gains as the market pulled back from the morning's highs, but they remained higher by 2.2% at 1:05 p.m. ET. Investors received a positive data point in the fight against inflation this morning.

Taxes 130
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Avail Receives Investment from HTX Ventures

FinSMEs

Avail, a remote provider of a modular blockchain solution, received an investment from HTX Ventures. The amount of the deal was not disclosed. The company intends to use the funds to expand operations and its development efforts. Avail DA provides decentralized infrastructure for developers to build and scale modern blockchain applications. By inheriting security from […] The post Avail Receives Investment from HTX Ventures appeared first on FinSMEs.

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Why ChargePoint, SunPower, and Sunnova Energy Stocks All Popped Today

The Motley Fool

New inflation data came out Wednesday, and the news is good for stock investors, particularly for those holding highly-shorted green energy momentum stocks in particular. According to the U.S. Department of Labor, the Consumer Price Index was unchanged between April and May, which cooled down the annual inflation rate to 3.3%, a reduction of 10 basis points.

Returns 130