The Motley Fool

AUGUST 27, 2023

During the pandemic-induced lockdowns, many consumers avoided public places and relied on delivery companies to bridge the gap. One of the primary beneficiaries was grocery delivery start-up Maplebear, doing business as Instacart. The app-based service allows people to order products via its app and employs shoppers to take care of the rest. The company quickly became a staple, becoming the third-most-popular online grocery site behind just Walmart and Amazon.

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FinSMEs

AUGUST 27, 2023

Arkifi, a Palo Alto, CA-based company that provides a finance workflow automation tool, raised over $9M in Seed funding. The round was led by Khosla Ventures and Nyca Partners, with participation from Soma Capital, MVP Ventures, GSBackers, Valiant Capital Employee Fund, Correlation VC, and G&H Partners. The company, which was incubated at Khosla Ventures and […] The post Arkifi Raises Over $9M in Seed Funding appeared first on FinSMEs.

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The Motley Fool

AUGUST 27, 2023

Image source: Getty Images Incomes vary quite a bit throughout the United States. The median income was $69,717 in 2021, but households in the top 10% and above make significantly more. It's interesting to see how much money these households make -- and how your own income compares. Of Dollars and Data released income research earlier this year with the thresholds for the top 10%, 5%, and 1% of household incomes, based on data from the 2019 Survey of Consumer Finances.

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Dear Mr. Market

AUGUST 27, 2023

Dear Mr. Market: First off, if you want to know how amazing Artificial Intelligence is, the following list of article titles were generated for this article in the matter of four seconds! (we picked the first one and the rest of this article is typed with regular human toiling!) FYI: If you’ve never used ChatGPT, before try it! Much of its delivery is on what and how you ask things and in this case here is the prompt/reply that we asked of it: Certainly!

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The Motley Fool

AUGUST 27, 2023

For most retirees, Social Security doesn't just provide a check. The income they receive each month is a financial foundation tasked with helping them make ends meet. Based on 22 years of surveys from national pollster Gallup, between 80% and 90% of retired workers (at the time of each survey) relied on their payout in some capacity to cover their expenses.

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FinSMEs

AUGUST 27, 2023

Mosea Technologies, a Toronto, Canada-based payment startup, raised $2.5M in Seed funding. The backers were not disclosed. The company intends to use the funds to accelerate its expansion and enable the introduction of its social payments app to new users across Canada. Led by CEO Luke de Haas, Colin Lee, and Aidan Tighe, Mosea is a […] The post Mosea Technologies Raises $2.5M in Seed Funding appeared first on FinSMEs.

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A Wealth of Common Sense

AUGUST 27, 2023

Inflation has come down from more than 9% to a more reasonable 3.2%: Bond yields are now much higher than they were in the 2010s but 4.25% on the benchmark 10 year Treasury is still not high from a historical perspective: It’s actually right at the average since 1990. If you had armed me with this information 12 months ago I would have assumed mortgage rates would be lower, probably somewhere around 6%.

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The Motley Fool

AUGUST 27, 2023

Ken Griffin's Citadel is the most profitable hedge fund in history. As of December 2022, it had earned nearly $66 billion for clients since its inception in 1990, while Ray Dalio's Bridgewater ranked second with $58 billion in profits. That accomplishment qualifies Griffin as a brilliant investor, and it makes his recent stock purchases particularly noteworthy.

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Million Dollar Round Table (MDRT)

AUGUST 27, 2023

By Brian H. Ashe, CLU People say you should join MDRT because it changes your life, but that’s not what changes your life. You do that. MDRT provides an environment in which your life can change. Motivation, though, is an inside job. It’s not something that comes from the outside, especially if you don’t want to progress in your career or you’re not open to new ideas.

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The Motley Fool

AUGUST 27, 2023

The past couple of years have been tough, as high inflation and rising interest rates hobbled consumer and business spending alike. The tide appears to have turned in recent months, suggesting there's light at the end of the tunnel. One such forward-looking indicator is the performance of the major market indexes, which have each gained 20% or more from their trough, with some market prognosticators hailing that progress as the coming of the next bull market.

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Financial Times: Moral Money

AUGUST 27, 2023

A growing number of S&P 500 groups are using environmental and social criteria to guide bonuses

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The Motley Fool

AUGUST 27, 2023

Image source: Getty Images Americans are under some serious financial stress. The median American's savings account balance fell from $4,500 last year to just $1,200 in July of this year, according to savings research by The Motley Fool Ascent. It's normal to dip into your savings from time to time. But if you need to do that, it's important to build your savings account back up as soon as possible.

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Entrepreneur - VC

AUGUST 27, 2023

Let’s face it – college costs are increasing, and so is the financial strain on students and parents. According to a recent report, the average approximate budget for full-time undergraduate.

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The Motley Fool

AUGUST 27, 2023

Amazon (NASDAQ: AMZN) investors have had a good year so far. Shares of the tech giant are up over 50% in 2023, compared with a 29% increase in the Nasdaq Composite Index. That rally suggests that Wall Street sees a bright future ahead for this business, which has exposure to several long-term growth niches including cloud services, e-commerce, and digital entertainment.

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Entrepreneur - VC

AUGUST 27, 2023

With 180 hours of listening on a full charge, these are a convenient way to listen to your favorite playlists or podcasts.

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The Motley Fool

AUGUST 27, 2023

Image source: Getty Images Whether you're racing (or creeping) toward retirement, you probably don't love the idea of entering this new stage of life smack-dab in the middle of a bear market , which is when the stock market goes through an extended period of declining prices. Retiring following a market decline of 20% or more may not seem ideal, but it's not unmanageable.

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Financial Times M&A

AUGUST 27, 2023

John Elkann describes company’s latest deal as part of natural adjustment of carmaking dynasty’s portfolio

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The Motley Fool

AUGUST 27, 2023

Thanks to all the kerfuffle surrounding generative AI (like ChatGPT) this year, Nvidia (NASDAQ: NVDA) is already the world's most valuable semiconductor company with a market capitalization of nearly $1.2 trillion. This ranks it in a class far above its closest peers and puts it in company with tech giants like Microsoft , Apple , Alphabet , and Amazon.

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FinSMEs

AUGUST 27, 2023

Companion Protect, a Leawood, KS-based pet insurance and pet wellness administration company, raised $27M in Series A funding. The round was led by Avanta Ventures, Liberty Mutual Insurance, Old Republic International Corporation, as well as Stray Dog Enterprises. The company intends to use the funds to accelerate product and partner expansion, along with digital innovation […] The post Companion Protect Closes $27M Series A Financing appeared first on FinSMEs.

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The Motley Fool

AUGUST 27, 2023

It's generally best to approach the stock market with a long-term perspective, as holding over many years can shield your investment from temporary headwinds. Growth stocks are an excellent place to start, and the tech industry is filled with attractive options. Apple (NASDAQ: AAPL) and Advanced Micro Devices (NASDAQ: AMD) are worth considering, with one dominating consumer tech and the other a leading chipmaker.

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FinSMEs

AUGUST 27, 2023

Tri Ri Asset Management, a New York-based asset manager, closed a venture capital fund, at $142M. The close of TRAM Venture Fund saw participation from two pension funds, a sovereign wealth fund, and Scandinavian & Swiss based family offices. The anchor investment was drawn from TRAM Impact Fund I. The fund, focused on MENA with […] The post Tri Ri Asset Management Closes VC Fund, At $142M appeared first on FinSMEs.

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The Motley Fool

AUGUST 27, 2023

Arm Holdings may not be a household name, but the designer of central processing units (CPUs) made headlines in 2020 when Nvidia announced plans to buy the company for $40 billion. The deal ultimately fell through, with Nvidia citing "significant regulatory challenges preventing the consummation of the transaction." Now, Arm is pursuing another venue, filing an F-1 with the Securities and Exchange Commission (SEC) in its first step toward an initial public offering (IPO).

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FinSMEs

AUGUST 27, 2023

More than half the US has begun the process of legalizing USA sports betting sites. With the new US laws, which, State by State, opening the legal possibility for people to bet on sports, the industry has seen the launch of new startups involved in disrupt the status quo to create innovative solutions based on […] The post Venture Capital, New Technologies and Legalization Open New Frontiers To Invest In Betting Startups appeared first on FinSMEs.

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The Motley Fool

AUGUST 27, 2023

Extreme growth can be risky. When a company optimizes its revenue growth above all else -- profits can wait! -- most valuation metrics are meaningless since cash flows and earnings tend to be negative. And the growth stories don't always have a happy ending. The high-flying market darlings of today can crash and burn tomorrow. At the same time, the big winners in this category can mop the floor with the best value stocks.

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FinSMEs

AUGUST 27, 2023

LemFi, a Gatineau, Canada-based provider of a fintech platform providing financial services for immigrants, raised $33M in Series A funding. The round was led by Left Lane Capital with participation from Y-Combinator, Zrosk, Global Founders Capital, and Olive Tree. The company intends to use the funds to expand its product offering to the United States, Europe, the Middle East, […] The post LemFi Raises $33M in Series A Funding appeared first on FinSMEs.

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The Motley Fool

AUGUST 27, 2023

Despite what many people think, the pandemic isn't officially over yet. And while the world has made tremendous progress, the coronavirus continues to cause problems. COVID-19 cases and hospitalizations have been on the rise in the U.S., which once again highlights the importance of effective vaccines and medicines against the disease. Among the companies that have developed vaccines for COVID-19 are the two biotechs Novavax (NASDAQ: NVAX) and BioNTech (NASDAQ: BNTX).

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Africa Capital Digest

AUGUST 27, 2023

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Orient Tea lands investment from SEAF, DFC, USAID and ABCapital first appeared on Africa Capital Digest.

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The Motley Fool

AUGUST 27, 2023

As one of the largest cloud computing providers in the world, Amazon 's (NASDAQ: AMZN) Amazon Web Services (AWS) has been at the forefront of innovation since its inception. In recent years, the company has been doubling down on its efforts to integrate artificial intelligence (AI) into its services, and the results have been nothing short of remarkable.

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Africa Capital Digest

AUGUST 27, 2023

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Beyond Capital and Variant Investments lead round for Kenyan fintech first appeared on Africa Capital Digest.

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The Motley Fool

AUGUST 27, 2023

Most people are aware of the importance of saving for retirement. But acting on that can be easier said than done. If you're not a particularly high earner and you have lots of bills to cover, then carving out money for a retirement savings plan may prove challenging. In fact, it may be that you're already well into your career without having contributed much to a 401(k) or IRA.

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Africa Capital Digest

AUGUST 27, 2023

To read this article, you must be a paid subscription member. (Current members login here) [.] The post HAVAÍC expands its stake in US-based SafeTech startup first appeared on Africa Capital Digest.

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The Motley Fool

AUGUST 27, 2023

Global beer giant Anheuser-Busch InBev (NYSE: BUD) has had a rough summer. Some customers began boycotting Bud Light after an ill-received marketing campaign in April. The stock is down 15% from its highs in the spring. The boycott was enough to tank the company's North American sales to retailers by 14% year-over-year in the second quarter. However, recent channel research shows customers' ill will toward Bud Light may have peaked and begun recovering.

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Africa Capital Digest

AUGUST 27, 2023

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Nordic and American DFIs back pyrethrin producer equity/debt deal first appeared on Africa Capital Digest.

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The Motley Fool

AUGUST 27, 2023

Everyone knows by now that SpaceX is building a 12,000-satellite orbital broadband internet constellation, called Starlink. Many people probably also know that SpaceX is about one-third of the way toward completing this constellation, with more than 4,600 operational Starlink satellites up in orbit already, and more going up every few days. One thing you may not have noticed, however, is that the pace of Starlink's expansion has slowed of late.

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