Sun.May 19, 2024

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3 Companies Already Working on the Next Phase of Artificial Intelligence (AI)

The Motley Fool

The field of artificial intelligence is still in its early years, yet several businesses are already working on technology that can become the foundation for AI's future. These companies are developing quantum computing systems capable of processing mountains of data in seconds, which would take decades for a conventional computer. Quantum machines can execute multiple computations simultaneously, accelerating processing time, while typical computers must process data in a linear fashion.

Companies 246
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4 Economic Charts That Might Surprise You

A Wealth of Common Sense

Four charts about the economy you might find surprising: 1. Wages are cumulative too. The Congressional Budget Office released new research comparing inflation on a basket of goods and services households at different income levels consume between now and 2019 along with changes in wages. Here’s the chart: And the explanation: For households in every quintile (or fifth) of the income distribution, the share of inc.

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Just How Worried Should You Be About Social Security Cuts? Not as Much as You Might Think.

The Motley Fool

It's no secret that Social Security is struggling, and many Americans are worried about its future. A whopping 87% of U.S. adults say they're concerned about Social Security, according to a 2024 poll from Gallup, with 43% of that group saying they worry "a great deal" about the program. Furthermore, 47% of non-retired adults say they don't believe Social Security will be able to pay them a benefit once they retire.

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Johnson & Johnson to Acquire Proteologix

FinSMEs

Johnson & Johnson (NYSE: JNJ) entered into a definitive agreement to acquire Proteologix, Inc., a Redwood City, California-based biotechnology company focused on bispecific antibodies for immune-mediated diseases, for $850M in cash, with potential for an additional milestone payment. The transaction is expected to close mid-year 2024, subject to antitrust clearance and other customary closing conditions. […] The post Johnson & Johnson to Acquire Proteologix appeared first on FinSM

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Is It Better to Take Social Security at 62, 67, or 70? An All-Encompassing Study Offers a Clear Answer.

The Motley Fool

For most retirees, Social Security plays an important role in building their financial foundation. An analysis from the Center on Budget and Policy Priorities finds that Social Security payouts have reduced the poverty rate for adults aged 65 and above to 10.2% from an estimated 38.7% if the program didn't exist. Additionally, more than two decades of annual surveys from pollster Gallup have shown that as much as 90% of then-current retirees require their monthly Social Security check to cover a

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Wealth is in our ideas

Million Dollar Round Table (MDRT)

By Antoinette Tuscano, MDRT Senior Content Specialist Whenever an MDRT member or MDRT meeting speaker offers ideas for others to use to make their lives and their businesses even a little better, they become part of the building blocks of a thriving MDRT. Below is a small sample of some of those ideas that appeared in Round the Table magazine in 2023, and for a limited time, we’re offering all the 2023 ideas in a special edition PDF to current MDRT Blog subscribers as well as those members who s

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Vanguard defends dominance of US equities in EU-domiciled funds

Financial Times: Moral Money

Response follows warnings of ‘unintended consequences’ of passive funds shunning EU corporations

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Prediction: This Will Be Nvidia's Next Big Announcement

The Motley Fool

Nvidia (NASDAQ: NVDA) never is short on big news. Most recently, the company wowed investors with details of its new Blackwell architecture and said the launch will happen later this year. And prior to this, Nvidia said it aimed to start shipping its H200 graphics processing unit (GPU) -- which doubles the performance of its current chip -- in the second quarter of the year.

Prospects 246
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Daffodil Health Raises $4.6M in Seed Funding

FinSMEs

Daffodil Health, a San Francisco, CA-based provider of healthcare pricing and administration AI-powered solutions, raised $4.6M in Seed funding. The round led by Maverick Ventures, with participation from Epic Ventures. The company intends to use the funds to expand operations and development efforts. Led by CEO Navin Nagiah, Daffodil Health provides a a SaaS healthcare […] The post Daffodil Health Raises $4.6M in Seed Funding appeared first on FinSMEs.

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Is Chipotle a Once-in-a-Generation Investment Opportunity Ahead of Its 50-for-1 Stock Split?

The Motley Fool

Chipotle Mexican Grill (NYSE: CMG) made headlines a couple of months ago that investors appear to be cheering for these days. Since the announcement of a 50-for-1 stock split in March, shares have climbed about 14%. Investors probably view this as a key catalyst that could send shares of this restaurant enterprise to new heights -- and it might present a potential buying window.

Investing 246
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Spiritus Receives Investment from Aramco Ventures

FinSMEs

Spiritus, a Los Alamos, NM-based climate tech company providing solutions for scalable direct-air-capture (DAC) of carbon removal, entered into a memorandum of understanding (MoU) with Aramco ands received an investment from Aramco Ventures. The amount of the deal was not disclosed. The company intends to use the funds to expand operations and its development efforts. […] The post Spiritus Receives Investment from Aramco Ventures appeared first on FinSMEs.

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Is Energy Transfer Stock a Millionaire-Maker?

The Motley Fool

Can you become a millionaire by investing in Energy Transfer (NYSE: ET) stock? Absolutely. Over the long term, shares have proven a terrific investment. And given the company's unique asset base, there's a good chance this performance will be repeated in the years to come. There's only one catch: If you don't invest in this stock in a certain way, you may forfeit your chance of reaching the $1 million mark. 1 way Energy Transfer stock can make you a millionaire Since 2006, Energy Transfer's stoc

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CoreWeave Receives $7.5 Billion in Debt Financing

FinSMEs

CoreWeave, a Roseland, NJ-based provider of customized solutions for workloads, received $7.5 Billion in debt financing. The debt financing facility was led by funds managed by Blackstone, with strategic participation from Magnetar (Co-Lead Investor) and Coatue. Participation in the financing also included Carlyle, CDPQ, DigitalBridge Credit, funds and accounts managed by BlackRock, Eldridge Industries, and […] The post CoreWeave Receives $7.5 Billion in Debt Financing appeared first on Fi

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Here's the Average 401(k) Balance by Age -- and How to Beat It

The Motley Fool

Retirement is incredibly expensive, and it's more important than ever to have a healthy nest egg heading into your senior years. The average U.S. adult predicts that a comfortable retirement will cost roughly $1.8 million, a 2023 survey from Charles Schwab found. Healthcare alone costs the average 65-year-old couple around $315,000 in total out-of-pocket expenses, according to a 2023 report from Fidelity Investments, and these figures may only increase going forward.

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Battery Ventures Acquires TrueContext

FinSMEs

Battery Ventures, a San Francisco, CA-based technology-focused investment firm, acquired TrueContext, fka ProntoForms, an Ottawa, Canada-based in field-services, workflow-automation company. The amount of the deal was not disclosed. Chelsea Stoner, a Battery general partner, and Principal Dillon Joyce, joined TrueContext’s board. With the investment, the company will accelerate further growth and increase focus on customers. […] The post Battery Ventures Acquires TrueContext appeared first

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You Can Do Better Than the S&P 500. Buy This ETF Instead

The Motley Fool

Investing isn't a one-size-fits-all situation, which is why there are so many different investment approaches you can follow. And yet the common reference point for most investors is the S&P 500 (SNPINDEX: ^GSPC) index. Here's one big problem for a retired investor in need of income who just defaults to the S&P 500: The index's dividend yield is a scant 1.3% today.

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Heritage Capital makes final investment for maiden private equity fund

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Heritage Capital makes final investment for maiden private equity fund first appeared on Africa Capital Digest.

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A Once-in-a-Generation Investment Opportunity: 1 Artificial Intelligence (AI) Growth Stock to Buy Now and Hold For a Decade

The Motley Fool

Artificial intelligence (AI) has created a lot of buzz since early last year. Even as the technology has been around since the 1950s, recent developments show that these algorithms have improved by an order of magnitude. Generative AI has shown its mettle for a wide and growing variety of tasks, including streamlining processes, creating original content, and increasing productivity, with a flood of new applications on the drawing board.

Investing 246
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Mobola da-Silva promoted to Partner at Capria

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Mobola da-Silva promoted to Partner at Capria first appeared on Africa Capital Digest.

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Where Will Home Depot Stock Be in 1 Year?

The Motley Fool

Home Depot (NYSE: HD) investors might be pinching themselves right about now. Their stock has kept up with the rally in the S&P 500 over the past 12 months, allowing the home improvement giant to stand out from many of its struggling peers. It's not just the wider retailing industry that's under pressure, either. There's less demand for home improvement projects in the wake of the pandemic, and rising interest rates have pinched home sales as well.

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ALCB Fund launches European Medium Term Note program

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post ALCB Fund launches European Medium Term Note program first appeared on Africa Capital Digest.

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A Once-in-a-Generation Investment Opportunity: Here's 1 Artificial Intelligence (AI) Stock to Buy in May and Hold Forever

The Motley Fool

One of the biggest barometers of the artificial intelligence (AI) revolution is Microsoft (NASDAQ: MSFT). The Windows developer kicked off AI mania following a sizable investment in OpenAI in January 2023. OpenAI is the maker of ChatGPT , a popular large language model (LLM) capable of writing essays, producing software code, and even generating images based on text prompts.

Investing 246
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Singaporean venture firm launches maiden MENA fund

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Singaporean venture firm launches maiden MENA fund first appeared on Africa Capital Digest.

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Billionaires Are Buying These High-Yield Dividend Stocks Left and Right. Should You Follow Their Lead?

The Motley Fool

Are you famous enough for picking great stocks to become a billionaire money manager? If not, then there's a lot you could learn from the handful of folks who have. It's easier than ever for individuals to invest alongside the professionals. The U.S. Securities and Exchange Commission makes anyone with more than $100 million under management report their activity to the public every three months.

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Old Mutual PE sells control of Chill Beverages in secondary deal

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Old Mutual PE sells control of Chill Beverages in secondary deal first appeared on Africa Capital Digest.

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Billionaire Investor David Tepper Sold Nvidia, Meta Platforms, and Other "Magnificent Seven" Stocks Hand Over Fist Last Quarter. You Won't Believe What He Bought Instead.

The Motley Fool

Investors could do worse than investing in the so-called " Magnificent Seven " stocks. The collective gained 111%, on average, in 2023, thrashing the 24% gains of the S&P 500. The group has continued its winning ways, rising 22% on average so far this year, nearly double the 11% increase of the S&P 500 (as of this writing). The common thread that unites these tech bellwethers is that they each have artificial intelligence (AI) in their DNA.

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EQT in discussions to buy UK-listed video game group for £2.2bn

Financial Times M&A

Private equity firm has already made four unsolicited proposals for Keywords Studios

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Should You Buy Nvidia Stock Before Wednesday?

The Motley Fool

Nvidia (NASDAQ: NVDA) has been the undisputed beneficiary of recent advances in artificial intelligence (AI). Since early last year, the adoption of AI has spread like wildfire, fueled by Nvidia's graphics processing units (GPUs). The company will face a key hurdle when it reports its first-quarter earnings after the market close on Wednesday, and Wall Street will be sitting on the edge of its seat to parse the results.

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Deetken Impact Invests in Dominican Republic’s Monte Plata Phase II

Private Capital Investment in Latin America

Deetken Impact Sustainable Energy invested in Monte Plata Phase II, a 42.2 MWp solar power plant project in the Dominican Republic. #RealAssets The post Deetken Impact Invests in Dominican Republic’s Monte Plata Phase II appeared first on LAVCA.

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Nvidia Has Gained Over $1 Trillion in Market Cap in 2024. Can It Do It Again to Surpass Microsoft and Apple to Become the Most Valuable Company in the World?

The Motley Fool

After gaining 239% in 2023 to become the best-performing component of the S&P 500 , Nvidia (NASDAQ: NVDA) has sustained its momentum so far this year. The stock has nearly doubled -- gaining over $1.1 trillion in market cap year to date -- and 2024 isn't even halfway over. At the end of 2022, Nvidia was worth $359 billion. And suddenly, less than a year and a half later, it could be worth $3 trillion, surpassing Microsoft and Apple in market cap.

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SunFire Announces Investment from KKR

KKR

NEW YORK--(BUSINESS WIRE)-- SunFireMatrix, Inc. (“SunFire” or the “Company”), a leading software and tech-enabled services platform serving the insurance distribution and health plan markets, announced today that it has been acquired by funds managed by KKR, a leading global investment firm. Funds managed by Stone Point Capital LLC, the Company’s previous majority owner, will continue to be a.

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How to Turn $25,000 Into $1 Million by Retirement

The Motley Fool

Accumulating wealth and growing your portfolio's value over the years isn't difficult. The biggest obstacle in investing is often the desire to try to beat the markets and score a big return in a short time period. This is why meme stocks are so popular, as the focus is often on doubling or tripling your money quickly. The strategy, however, potentially comes at a steep price, as it adds significant risk for investors.

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Guesty Raises $130M to Accelerate Global Expansion

KKR

New York, NY, April 10, 2024 - Guesty, the leading property management software platform for the short-term rental (“STR”) and hospitality industry, today announced a $130M Series F funding round led by leading global investment firm KKR.

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Caution: 3 Things You Must Know About C3.ai Stock

The Motley Fool

C3.ai (NYSE: AI) was a fairly popular artificial intelligence (AI) stock back in 2023 when the AI investment wave began. The two letters in the company's name and ticker symbol prominently tell any investor or client what it specializes in. As a result of the AI investment wave, many people have piled into C3.ai's stock, although the popularity has waned (which is evidenced by its declining trade volume).

Financing 246