Wed.Apr 17, 2024

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Could SoundHound AI Stock Be a 100-Bagger in 20 Years?

The Motley Fool

One stock that's been generating a lot of interest this year is SoundHound AI (NASDAQ: SOUN). After it was revealed that chipmaker Nvidia has a stake in it, investors have grown bullish about the company. And given its relatively small $1.3 billion market cap, investors are likely hoping the stock can generate some significant returns. But could SoundHound AI be the next great AI stock to own, and perhaps even grow its valuation by 100 times over the next few decades?

Stakes 246
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NeuBird Raises $22M in Seed Funding

FinSMEs

NeuBird, a San Francisco, CA-based provider of a cloud-based generative operations platform for enterprises, raised $22M in Seed funding. The round was led by Mayfield. The company intends to use the funds to bring AI ITOps engineer to the enterprises. Founded by Goutham Rao and Vinod Jayaraman, NeuBird is bringing Generative AI into operations via […] The post NeuBird Raises $22M in Seed Funding appeared first on FinSMEs.

Funds 117
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If You'd Invested $1,000 in Tesla 5 Years Ago, Here's How Much You'd Have Today

The Motley Fool

I won't keep you in suspense. The answer is: $8,862.79. That's how much money you'd have today if you had invested $1,000 in Tesla (NASDAQ: TSLA) stock five years ago -- and it's a pretty nice return, right? Sure, there's been a lot of wailing and gnashing of teeth lately, a lot of proverbial clothes tearing, and sackcloth and ashes wearing, over the fact that Tesla stock has been cut in half from its 2023 high of nearly $300.

Investing 246
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Giants APG and GPIF collaborate on infra

Top 1000 Funds

Two of the biggest pension funds in the world, the Dutch APG and Japan’s GPIF, have joined forces to invest in large scale infrastructure deals. The move comes as APG Asia head Thijs Aaten says he envisages more than half of the fund’s real assets will be in Asia.

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Why VinFast Auto Stock Crashed Today

The Motley Fool

Shares of VinFast Auto (NASDAQ: VFS) , the Vietnamese vehicle maker that went public in a merger with a special purpose acquisition company ( SPAC) last summer, tumbled 11.5% through 11 a.m. ET Wednesday after reporting big misses on both sales and earnings for its first fiscal quarter of 2024. Heading into earnings, analysts were already pessimistic, predicting the company would lose $0.22 per share on sales of $450 million.

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Iceye Raises $93M Growth Funding

FinSMEs

Iceye, a Helsinki, Finland-based company which specializes in synthetic aperture radar (SAR) satellite operations for Earth Observation, persistent monitoring, and natural catastrophe solutions, raised $93M in Growth funding. The round, which brought the total amount raised to $438M, was led by Solidium Oy, with participation from Move Capital Fund I, Blackwells Capital, Christo Georgiev, and existing investors. […] The post Iceye Raises $93M Growth Funding appeared first on FinSMEs.

Funds 111

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Renterra Raises $3M in Funding

FinSMEs

Renterra, a Chicago, IL-based provider of a modern software platform for the equipment rental industry, raised $3M in funding. The round was led by Bienville Capital, with participation from Iron Prairie Ventures, Alaris Capital, and others. The company intends to use the funds to accelerate its product development, expand its market reach, and enhance customer […] The post Renterra Raises $3M in Funding appeared first on FinSMEs.

Funds 109
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Is Iovance Biotherapeutics Stock a Buy Now?

The Motley Fool

Is this the start of a comeback for Iovance Biotherapeutics (NASDAQ: IOVA) ? Though the small-cap biotech has significantly trailed the broader market in the past five years, its shares are up by 50% since 2024 started. Iovance is making progress on several fronts (more on that below). It's no wonder that many investors are increasingly excited about the company's direction.

Funds 246
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AI Squared Raises $13.8M in Series A Funding

FinSMEs

AI Squared, a Washington, DC-based company that helps organizations deliver data and AI insights into business applications, raised $13.8M in Series A funding. The round was led by Ansa Capital with participation from existing investors NEA and Ridgeline. Roger W. Ferguson Jr., former Vice Chairman of the Federal Reserve and board member of Alphabet Inc, has […] The post AI Squared Raises $13.8M in Series A Funding appeared first on FinSMEs.

Funds 109
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Can This High-Yield Dividend Stock Keep Beating the S&P 500?

The Motley Fool

Dividend stocks are potent instruments for building wealth. A staggering 85% of the S&P 500 's total returns since 1960 have emanated from dividend payouts, according to a report by Hartford Funds. Amgen (NASDAQ: AMGN) , a top-tier U.S. biotech firm, has been a coveted dividend stock since it began regular distributions to shareholders in 2011. Highlighting this fact, the company's shares have significantly outperformed the S&P 500 during this time.

Bidding 246
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Vorlon Raises Series A; $15.7M in Total in Funding

FinSMEs

Vorlon, a Palo Alto, CA-based provider of a platform for comprehensive third-party API security, raised an undisclosed amount in Series A funding. The round, which brought the total amount to $15.7M, was led by Accel, with aprticipation from Shield Capital, Slavik Markovich, Rishi Bhargava, Dan Sarel, Guy Rinat, Nir Polak, and Paul Cheesborough. D.J.

Funds 108
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Cathie Wood Believes This Fast-Paced Artificial Intelligence (AI) Stock Can Skyrocket 1,138%, but Congress' Most Active Stock Trader Is Selling Shares

The Motley Fool

Nikola Tesla was born during a lightning storm. He later earned the nickname "the wizard of lightning" because of his electrical inventions. It probably shouldn't be surprising that the company named after him, Tesla (NASDAQ: TSLA) , is the investing equivalent of a lightning rod, attracting diehard supporters and adamant opponents. Tesla's fans and foes span a wide spectrum.

Investing 246
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YieldNest Raises $5.2M in Funding

FinSMEs

YieldNest, a Singapore-based company providing a liquid restaking protocol, raised $5.2M in funding. Backers included Faculty Group, Backed VC, Michael Egorov, Loi Luu, Proof Capital, LVT Capital, Contango, Mozaik Capital, Kahuna, Rana Capital, Insignius Capital, CKC, and angel investors. The company intends to use the funds to expand operations and development efforts.

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Why AMD, Applied Materials, and Lam Research Stocks All Tumbled Today

The Motley Fool

Wednesday is turning into a bad day to own semiconductor stocks -- and China is the reason. Late last night, the South China Morning Post reported that semiconductor chip output in the Middle Kingdom surged 40% in the first quarter -- more than twice as fast as total global semiconductor sales, according to data from the Semi global semiconductor manufacturers association.

Returns 246
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Toku Raises $9.3M in Funding

FinSMEs

Toku, a Santiago, Chile-based provider of a recurring payments platform, raised $9.3M in funding. The round, which brought the total amount to nearly $20M, was led by Gradient Ventures, with participation from existing investors F-Prime Capital, Clocktower, Y Combinator, Wollef and Funders Club. The company intends to use the funds to accelerate its expansion in Mexico, Brazil, […] The post Toku Raises $9.3M in Funding appeared first on FinSMEs.

Funds 103
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I Only Earn $50,000 a Year. Can I Still Build Up a Retirement Fortune?

The Motley Fool

Image source: The Motley Fool/Upsplash Retiring with millions of dollars is something you might dream about. It's also a goal that might seem unattainable if you only earn a modest wage. But here's the thing. If you commit to saving for retirement from a young age, you can build a lot of wealth on a pretty small amount of money. So don't assume that a large nest egg is out of the question just because your salary isn't so high.

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Vestcor Returns 7.5% For 2023

Pension Pulse

Benefits Canada reports Vestcor returns 7.5% for 2023, amid rising inflation, high interest rates: Vestcor Corp. is reporting a 7.5 per cent return for 2023, despite the challenges of rising inflation and high interest rates. The New Brunswick-based investment organization achieved five- and 10-year annualized returns of 6.27 per cent and 6.73 per cent, respectively.

Returns 98
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3 Reasons to Get an Airline Credit Card Even if You're Not a Frequent Flyer

The Motley Fool

Image source: Upsplash/The Motley Fool I just recently got started with travel rewards credit cards , and I already opened a Chase Trifecta. I'm excited about traveling, and I want to do more to explore this fun new way of life. So even though I'm not a frequent flyer, I'm strongly considering applying for an airline credit card in 2024. Is it worth getting an airline credit card, even if you only fly a few times per year?

Taxes 245
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Riverside considering sale of private credit operation

Private Equity Wire

The Riverside Company, a US private equity firm focused on making control and non-control investments in growing businesses valued at up to $400m, is considering strategy options for direct lending arm Riverside Credit Solutions, including a sale of the business, according to a report by Bloomberg. The report cites unnamed people with knowledge of the matter as confirming that the firm is negotiating with potential buyers of the unit, which provides flexible cash flow-based financing solutions t

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Opinion: These Will Be the 4 Largest Companies by 2035

The Motley Fool

Just 11 years ago, Apple , ExxonMobil , Alphabet , and Berkshire Hathaway were the four largest American companies. Today, only two of those companies -- Apple and Alphabet -- remain in the top four. Berkshire Hathaway has slipped to No. 7, and ExxonMobil and Walmart have fallen from the top 10 altogether. A lot can change in only 11 years. Let's look at the companies I believe will claim the top four spots in 2035.

Companies 245
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Private equity firms lose interest in Samsonite 

Private Equity Wire

Samsonite International’s high valuation has put off several private equity firms including, Carlyle Group and KKR & Co, considering a buyout of the luggage manufacturer, opening up the possibility for a dual listing of the company, according to a report by Bloomberg. Investment funds initially showed interest, but the valuation expectations of Samsonite were not met.

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1 Stock-Split ETF That Could Turn $500 Per Month Into $1 Million, With Help From Nvidia, Microsoft, and Apple

The Motley Fool

Exchange-traded funds (ETFs) are a great way for investors to buy an entire portfolio of stocks without the challenge of picking individual winners and losers. ETFs usually represent a specific sector or theme in the stock market, and they are typically actively managed, which means a team of experts will adjust the portfolio as necessary. The iShares Expanded Tech Sector ETF (NYSEMKT: IGM) manages a $4.3 billion portfolio filled with the world's leading technology stocks, including those drivin

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One Equity Partners completes Ballymore acquisition

Private Equity Wire

Middle market private equity firm One Equity Partners (OEP), has completed its acquisition of Ballymore Safety Products (Ballymore), a speciesist in engineered lifting, material handling, and safety related products for warehouses, factories and retail locations. Ballymore designs, develops, and manufactures highly engineered products that address safety and productivity issues related to vertical access and heavy material handling.

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Forget Nvidia: Consider These 2 Millionaire-Maker Stocks to Buy Instead

The Motley Fool

Nvidia (NASDAQ: NVDA) has made a lot of millionaires over the last year as its share price skyrocketed 225%. The company rallied investors as it became the poster child for a boom in artificial intelligence (AI), snapping up an estimated 90% market share in AI chips. Data by YCharts However, the chart above shows that Nvidia's meteoric rise has made it an expensive option compared to other tech stocks.

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Wynnchurch Capital acquires foodservice specialist Handgards

Private Equity Wire

Wynnchurch Capital (Wynnchurch) has acquired Handgards, a distributor of foodservice products, including disposable gloves, reclosable bags, tabletop items, expendables, and other carryout products from Wind Point Partners in partnership with management. Headquartered in El Paso, Texas, Handgards operates eight facilities with over one million square feet of space and ships over 18 million cases of product annually.

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This ETF Could Make You a Millionaire With No Investing Knowledge at All

The Motley Fool

You can make a lot of money in the stock market. If you have investing knowledge, you can pick individual companies to buy shares of and hopefully earn very competitive returns that significantly increase your net worth. But you don't have to be an investing guru in order to put your money to work in the market. In fact, you can buy certain kinds of assets with essentially no knowledge that are all but guaranteed to make you a millionaire over time.

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Deal Roundup: Ridgelake buys into PE firm TorQuest, Wynnchurch picks up Handgards from Wind Point

AltAssets

GP stake acquirer Ridgelake has made a passive, minority investment in Toronto-based buyout firm TorQuest Partners. TorQuest said the deal would provide it with long-term capital to support the ongoing growth of the platform. Ridgelake was founded through a strategic partnership between OA Private Capital and Apogem Capital. Last December TorQuest announced the C$2.1bn hard […] The post Deal Roundup: Ridgelake buys into PE firm TorQuest, Wynnchurch picks up Handgards from Wind Point first

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Here's What Happens if Your Savings Account Balance Is Too High

The Motley Fool

Image source: The Motley Fool/Upsplash It is a good thing to have money in a savings account. After all, you need to be prepared for emergencies, and putting money into savings means it will be there and ready for you to cover unexpected expenses. If you have short-term goals and will need to access your money soon, a savings account can also be a good place for it, since you won't risk losing any of it.

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As the private markets reopen, it’s not financial levers that will generate impactful returns

Private Equity Wire

By John C R Nery Managing Director and Head of Investments, Squircle Capital After a challenging few years for private capital, this year looks to hold a more optimistic investment environment. Inflation is falling and interest rates are expected to continue their downward decline, so it’s likely we’ll see the M&A market opening up once again.

Returns 88
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Billionaire David Tepper Thinks the "Magnificent Seven" Is Really a Fabulous Five

The Motley Fool

David Tepper is one of the most successful investors in the world, and he has a huge position in some of the "Magnificent Seven" stocks. But two are absent, and Travis Hoium digs into why in the video below. *Stock prices used were end-of-day prices of April 9, 2024. The video was published on April 10, 2024. Should you invest $1,000 in Nvidia right now?

Returns 244
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Equistone to sell majority stake in Acces Industrie

Private Equity Wire

European mid-market private equity investor Equistone Partners Europe (Equistone), is to sell Acces Industrie (Acces), an independent rental specialist of mobile aerial work platforms and handling equipment, to Delmas Investissements & Participations, a French family investment group. Equistone acquired a majority stake in Acces, which is based in Bordeaux and active in the energy, handing, lifting and transport sectors, in 2020.

Stakes 88
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The Smartest Dividend Stocks to Buy With $400 Right Now

The Motley Fool

Investors are starting to pay attention to yield signs these days, but not the ones you see on the road. Income-generating stocks may not have the same appeal as they used to, with safer money market funds often yielding better than 5% right now, but it wouldn't surprise anyone if folks begin bidding up dividend-paying companies as soon as short-term rates start falling.

Bidding 244
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Ex-BDT, Credit Suisse senior execs said to eye $850m for Citation Capital fundraise

AltAssets

Citation Capital, the private equity firm launched by former senior execs from BDT and Credit Suisse, is said to be seeking $850m for its debut fundraise. The post Ex-BDT, Credit Suisse senior execs said to eye $850m for Citation Capital fundraise first appeared on AltAssets Private Equity News.

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Up Nearly 80% This Year, Does Nvidia's Stock Have Room for More?

The Motley Fool

After having an incredible 2023, Nvidia (NASDAQ: NVDA) hasn't slowed a bit in 2024. It's up nearly 80% this year, placing among the top-performing stocks again in back-to-back years. But because of such a tremendous start, most wonder if Nvidia has room for more upside. I think it does, but there's also a possibility it could reverse course. Nvidia is a key part of the AI technological boom Nvidia has been a rockstar of a stock because of its ties to artificial intelligence (AI).

Returns 244