Tue.Jul 09, 2024

article thumbnail

Instead of Buying the Dip on Stock-Split Stocks Like Nvidia and Broadcom, Consider These 3 Semiconductor Stocks

The Motley Fool

Stock market juggernauts Nvidia and Broadcom have pulled back slightly from their all-time highs, but their market capitalizations are still up enormously this year on investor excitement over artificial intelligence (AI). Nvidia completed its latest stock split in June while Broadcom is scheduled to split its stock 10-for-1 on July 15. Those two are helping lead the tech sector to new heights, but they aren't alone.

Investors 246
article thumbnail

Accend Raises $3.2M in Seed Funding

FinSMEs

Accend, a NYC-based company helping fintechs and banks accelerate business customers’ onboarding process, raised $3.2M in Seed funding. The round was led by Adverb Ventures with participation from Y Combinator, General Catalyst, 645 Ventures, and angels from Brex, Stripe, and Carta. The company intends to use the funds to expand operations and its development efforts Co-founded by Joseph Zhou, Pranjal Daga and Yutong […] The post Accend Raises $3.2M in Seed Funding appeared first on

Funds 113
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Social Security Benefits Get a Cost-of-Living Adjustment (COLA) in 2025, But the Latest Forecast Is Bad News for Retirees

The Motley Fool

Inflation has moderated over the past year, but many retired workers are still struggling to make ends meet. Less than 50% of Americans in retirement believe they have enough money, and nearly 90% are worried about rising prices devaluing their savings, according to the 2024 U.S. Retirement Survey from investment manager Schroders. "Whether it's a trip to the gas station, grocery store or pharmacy, prices in the U.S. have increased noticeably in recent years, and that is particularly challenging

article thumbnail

The Lasso Raises $9.8M in Funding

FinSMEs

The Lasso, a NYC-based provider of an online car bidding platform, raised $9.8M in funding. The round was led by Crosslink Capital and Manresa Ventures with participation from Contour Venture Partners, Liquid2 Ventures, Ritual Capital, Correlation Ventures, and others. The company intends to use the funds to expand operations and its development efforts.

Bidding 110
article thumbnail

Prediction: These Will Be 2 of the Most Valuable Artificial Intelligence (AI) Stocks by 2034

The Motley Fool

Microsoft , Apple , and Nvidia are the world's three most-valuable companies, and they are the only ones in history to surpass $3 trillion in market capitalization. They will probably continue to grow long into the future, especially if artificial intelligence (AI) lives up to expectations. The global economy generated $105 trillion in output last year, but Wall Street thinks AI could significantly boost that figure: Goldman Sachs believes AI will create $7 trillion worth of economic activity wi

article thumbnail

Gymdesk Raises $32.5M in Funding

FinSMEs

Gymdesk, an Austin, TX-based provider of member management software for fitness and wellness businesses, raised $32M in funding. Five Elms Capital made the investment. The company intends to use the funds to expand and strengthen its solutions for the fitness industry and widen its customer base across new verticals. Led by CEO and Founder Eran […] The post Gymdesk Raises $32.5M in Funding appeared first on FinSMEs.

Funds 108

More Trending

article thumbnail

Maximum Fidelity Surgical Simulations Completes $2.25M Seed Funding Round

FinSMEs

Maximum Fidelity Surgical Simulations (MaxFi), a St. Louis, MO-based company providing lifelike cadavers to create highly realistic surgical simulations for medical education, raised $2.25M in Seed funding. The round was led by St. Louis Arch Angels, BioGenerator Ventures and Missouri Technology Corporation (MTC). The company intends to use the funds to expand operations and its development efforts.

Funds 104
article thumbnail

Surprise! Your Retirement Savings Might Be Higher Than the Average American's.

The Motley Fool

Retirement savings are personal, and you can't really compare your journey to anyone else's. However, if you're curious about how you stack up against your peers, we've delved into the Federal Reserve's survey data from late 2022 to give you a better idea of how other Americans are doing. Image source: Getty Images. A look at average retirement savings by age The median retirement savings for American households as of 2022 is $87,000, meaning half have more than this amount and half are on the o

article thumbnail

Buying a House at the Top of the Market

A Wealth of Common Sense

Greg Ip at The Wall Street Journal penned a piece recently that warned potential homebuyers about the prospect of low returns from current levels: I don’t need to offer any more details from the story because you already know them. Housing prices are up a lot. Mortgage rates are also up a lot. This is a fair warning. We essentially pulled forward a decade’s worth of housing returns into the first few years of.

Prospects 104
article thumbnail

Prediction: 2 Stocks That Will Be Worth More Than Nvidia 5 Years From Now

The Motley Fool

Nvidia has been on an impressive tear lately, but many investors are concerned about the longevity of Nvidia's current position. It's known to be a cyclical company, so a demand reduction in its GPUs (graphics processing units) is coming, although no one knows when. With Nvidia trading on much of its future prospects, there isn't much room for error.

Prospects 246
article thumbnail

Norwest raises over $1.4bn across two funds

Private Equity Wire

Norwest Capital Advisors (Norwest Capital) has held the final close of Norwest Equity Partners XI and Norwest Mezzanine Partners V with approximately $1.0bn and $400m of of total capital commitments, respectively. The funds, which will focus on investments in middle market buyout and mezzanine opportunities, attracted several large institutional investors as limited partners.

Buyout 98
article thumbnail

I'm Keeping a Large Chunk of My Retirement Savings Outside an IRA or 401(k). Here's Why.

The Motley Fool

Although I recognize that taxes are a part of life, I typically try to do my best to pay as little of them as possible. To that end, I make a point to max out my 401(k) every year. And I also try to max out the HSA my family became eligible for a few years ago when our health insurance plan changed. But even though I love the tax breaks that come with IRAs and 401(k)s, I'm keeping a pretty large chunk of my retirement nest egg outside of these accounts and in a regular brokerage account with no

Education 245
article thumbnail

MIM closes $1.2bn Private Equity Partners Fund II

Private Equity Wire

MetLife Investment Management (MIM), the institutional asset management business of MetLife, has formed a new $1.2bn private equity fund of funds, significantly boosting the amount of private capital the insurer manages for outside investors. The new fund, MetLife Investment Private Equity Partners II, purchased a portfolio of approximately $860m of private equity and equity co-investment interests with funded and unfunded commitments totalling $975m from MetLife affiliates as part of a managed

Funds 98
article thumbnail

Here's What Happens if You Withdraw $10,000 From Your Bank Account

The Motley Fool

Image source: Getty Images It's your money, and generally, you have the right to withdraw as much -- or as little -- as you desire from your bank account. However, under a law called the Bank Secrecy Act (BSA), banks must report any deposits or withdrawals of $10,000 or more. Here, we'll cover why the BSA exists and if it's anything you need to be concerned about.

Banks 245
article thumbnail

Vista leads majority investment in Nasuni at $1.2bn valuation

Private Equity Wire

Software focussed private equity firm Vista Equity Partners has lead d strategic majority growth investment in Nasuni, an enterprise data platform for modern hybrid cloud environments, which values the business at approximately $1.2bn. TCV and KKR also participated in the new investment, although further financial terms of the deal have not been disclosed.

article thumbnail

How Much Berkshire Hathaway Stock Does the Gates Foundation Own?

The Motley Fool

Judging by the disclosed holdings in the Gates Foundation (formerly called the Bill and Melinda Gates Foundation Trust), one would think that billionaire Bill Gates is a big fan of Warren Buffett. According to its latest 13F filing , the foundation run by Gates owns a huge amount of Buffett's holding company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B).

Stakes 245
article thumbnail

Baird Capital appoints Partner

Private Equity Wire

Baird Capital, a global private equity and venture capital arm of Baird, has promoted Louise Kingston to Partner. Kingston, who is part of the firm’s Portfolio Operations team, joined Baird Capital in London as a Director in January 2022. According to a press statement, Kingston leads Baird Capital’s internal data projects, which involve “synergising reporting processes and managing data” She is directly involved with portfolio companies Aura, ecube and JMAN, as well as the rec

Capital 96
article thumbnail

2 Magnificent Stocks Billionaire Warren Buffett Is Buying On an Almost Quarterly Basis

The Motley Fool

When Berkshire Hathaway 's (NYSE: BRK.A) (NYSE: BRK.B) billionaire CEO Warren Buffett speaks, Wall Street and the investment community are compelled to pay close attention. Since taking the reins of Berkshire Hathaway in the mid-1960s, the Oracle of Omaha, as he's come to be known, has overseen just shy of a 5,000,000% aggregate return in his company's Class A shares (BRK.A).

article thumbnail

OIC closes debut growth fund above target at $370m

Private Equity Wire

Orion Infrastructure Capital (OIC), a US middle-market infrastructure manager, has held the final close of its inaugural infrastructure growth fund with over $370 million in commitments, surpassing its initial target of $350m. The fund attracted strong support from existing OIC investors who accounted for over 80% of the capital raised, while also adding new investors from Europe and North America.

article thumbnail

Is Archer Aviation a Millionaire Maker?

The Motley Fool

If you are looking for the next big idea that could change the world, then Archer Aviation (NYSE: ACHR) might just pop up on your radar screen. While the company isn't actually working on technology that is revolutionary per se, it is trying to do something that could change the lives of a lot of people in a very positive way. But here's what you need to know about Archer Aviation before you go in thinking it is a no-brainer millionaire maker.

article thumbnail

Deal Roundup: KKR eyes Kokusai Electric stake sale after share price boom, Inflexion seals 5.5x return

AltAssets

KKR is reportedly planning to cut its stake in Japanese semiconductor maker Kokusai Electric after a surge in the company’s share price. Kokusai was trading at JPY3,795 per share towards the end of May, but has since boomed to JPY5,820 per share amid the growing appetite for AI applications. KKR plans to sell about half […] The post Deal Roundup: KKR eyes Kokusai Electric stake sale after share price boom, Inflexion seals 5.5x return first appeared on AltAssets Private Equity News.

Stakes 96
article thumbnail

How Much Microsoft Stock Does Bill Gates Own?

The Motley Fool

Helping to found Microsoft (NASDAQ: MSFT) nearly 50 years ago, Bill Gates is widely recognized as one of the wealthiest individuals in the world. Forbes , for example, estimates Gates's net worth at about $135 billion. He's also one of the most philanthropic. Valued at $46 billion at the end of the first quarter of 2024, the Bill & Melinda Gates Foundation performs charitable work in more than 130 countries -- from assisting with agricultural development to improving financial resources for

article thumbnail

Placement agent major Campbell Lutyens names Bajnai as incoming CEO to replace veteran Sealey

AltAssets

Private markets placement agent and advisory firm Campbell Lutyens has named Gordon Bajnai as CEO to replace veteran incumbent Andrew Sealey. The post Placement agent major Campbell Lutyens names Bajnai as incoming CEO to replace veteran Sealey first appeared on AltAssets Private Equity News.

Debt 95
article thumbnail

2 Dividend Stocks to Double Up on Right Now

The Motley Fool

Starbucks (NASDAQ: SBUX) and Coca-Cola (NYSE: KO) have a lot in common. Besides serving up caffeinated drinks to a thirsty world, both companies also have shareholder-friendly dividend policies -- and their stocks have underperformed the stock market over the last year. Coca-Cola's total return over that period is just 8.7%, while Starbucks saw a 20.5% value drop instead, and the S&P 500 gained 28.6%.

article thumbnail

Talk Your Book: Public and Private Market Credit Opportunities

A Wealth of Common Sense

Today’s Talk Your Book is brought to you by Polen Capital: We are joined by Ben Santonelli, Lead Portfolio Manager of Polen Capital’s Credit Opportunities Strategy to discuss investing in high-yield credit. On today’s show, we discuss: How an interval fund works How Polen navigated the dramatic rise in interest rates Understanding interest rate risk What Polen is doing to actively manage the portfolio.

Capital 75
article thumbnail

Will the Stock Market Crash in 2024? It Doesn't Matter as Much as You Might Think.

The Motley Fool

The stock market has soared in recent years, with the S&P 500 up by more than 55% since its lowest point in late 2022. But stock prices can't keep surging forever, and there will be a pullback sooner or later. Around 26% of investors are feeling pessimistic about where the market will be six months from now, according to a July 2024 survey from the American Association of Individual Investors.

article thumbnail

Synerise Raises $8.5M in Series B+ Funding Round

FinSMEs

Synerise, a Krakow, Poland-based company specializing in AI-driven behavioral modeling and big data solutions, raised $8.5M in Series B+ funding. The round was led by VTEX. The company intends to use the funds to further enhance its expansion into new markets and its position as a global player in behavioral AI. Led by Founder an […] The post Synerise Raises $8.5M in Series B+ Funding Round appeared first on FinSMEs.

Funds 70
article thumbnail

Forget Nvidia: The Artificial Intelligence (AI) Leader's Top Billionaire Seller Is Buying These 4 Supercharged Growth Stocks Instead

The Motley Fool

Since the internet first began to proliferate three decades ago, Wall Street and investors have been waiting for the next big innovation that can alter the growth trajectory of corporate America. The artificial intelligence (AI) revolution appears to be answering the call for game-changing growth. With AI, software and systems are used in place of humans to oversee or undertake tasks.

Stakes 189
article thumbnail

Phyron Closes EUR10M Series B Funding

FinSMEs

Phyron, a Stockholm, Sweden-based AI video tech company, raised EUR10M in Series B funding. The round was led by Round2 Capital with participation from existing Peter Vardy. Round2 Capital expanded its investment in Phyron, providing both an additional revenue-based financing investment as well as an equity investment as part of the Series B. The company […] The post Phyron Closes EUR10M Series B Funding appeared first on FinSMEs.

Funds 70
article thumbnail

Why Cirrus Logic Rallied Today

The Motley Fool

Shares of audio mixed-signal chipmaker Cirrus Logic (NASDAQ: CRUS) were rising on Tuesday, up as much as 6.3% at one point before pulling back to a 4.1% gain as of 2:30 p.m. ET. Cirrus rose on the back of a positive analyst note, which had good news for this smartphone-related chipmaker, as well as others. Keybanc's checks leave its chip analyst optimistic In a research note published today, Keybanc analyst John Vinh raised his price target on Cirrus to $155, up from a prior target of $120.

Returns 184
article thumbnail

SciRhom Raises EUR 63M in Series A Financing

FinSMEs

SciRhom, a Munich, Germany-based biopharmaceutical company developing therapeutic iRhom2 antibodies, raised EUR 63M in Series A funding. The round was co-led by Andera Partners, Kurma Partners, Hadean Ventures, MIG Capital, and Wellington Partners, with participation from new investor Bayern Kapital and existing investors including High-Tech Gründerfonds (HTGF) and PhiFund Ventures from New York, USA.

article thumbnail

Why Helen of Troy Plummeted Nearly 30% Today

The Motley Fool

Shares of Helen of Troy (NASDAQ: HELE) were plunging in Tuesday trading, down 27.4% as of 12:53 p.m. ET. The consumer products company, which produces brands such as OXO kitchen supplies and Braun shaving products, reported its first fiscal quarter 2025 results today. As you can probably tell from the market's reaction, it wasn't good news. The consumer is pulling back, as are retailers In the first quarter, Helen of Troy reported revenue was down 12.2% to $416.8 million, with adjusted ( non-GAA

Returns 130
article thumbnail

Agathos Management invests in UK neurodiversity provider Lexxic

Private Equity Wire

London-based private equity firm Agathos Management has completed a majority investment in Lexxic, a provider of neurodiversity assessment services and accreditation to organisations in the UK. Agathos will work with Lexxic’s existing management team led by CEO Kate Goodanew on the expansion of existing and new services, the continued delivery of psychology-led services and the development of technology.

article thumbnail

Is PepsiCo Stock Going to $190? 1 Wall Street Analyst Thinks So

The Motley Fool

As often happens when a prominent company is about to publish a quarterly earnings report, analysts have been adjusting their price targets in anticipation. In this case, it's PepsiCo (NASDAQ: PEP). Evaluations of the big beverage and snack food conglomerate run the gamut from poor to excellent, and one of the more optimistic takes on the company's stock anticipates a double-digit percentage upside potential in its price.