Thu.Jun 06, 2024

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Nvidia Executes Its 10-for-1 Stock Split Tomorrow. History Says the Artificial Intelligence (AI) Stock Will Do This Next (Hint: It May Shock You).

The Motley Fool

Nvidia (NASDAQ: NVDA) will complete a 10-for-1 stock split after market close tomorrow. The split comes on the heels of tremendous price appreciation. Nvidia returned 205% during the past year and 580% during the last three years, with enthusiasm about artificial intelligence being the primary reason for those gains. What does the split mean for investors?

Education 246
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Eyebot Raises $6M in Seed Funding

FinSMEs

Eyebot, a Boston, MA-based developer of rapid point-of-sale eye prescription technologies, raised $6M in Seed funding. The round was led by AlleyCorp and Ubiquity Ventures with participation from Humba Ventures, Ravelin, Spacecadet and previous investors Baukunst and Village Global. The company intends to use the funds to expand its product development activities, grow the team, and accelerate its expansion initiatives.

Funds 111
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3 Reasons to Buy Nvidia Stock (Hint: It's Not Its Stock Split)

The Motley Fool

The hottest stock on Wall Street, Nvidia (NASDAQ: NVDA) , is enacting a stock split on June 7. The following trading day, June 10, Nvidia's stock price will be reduced by one-tenth, causing the number of shares to increase tenfold. After that date, the stock will be trading for around $100 rather than $1,000. Although stock splits excite investors, there are far better reasons to buy Nvidia's stock than just the stock split.

Investors 246
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Cartwheel Raises $5.6M in Seed Funding

FinSMEs

Cartwheel, a NYC-based provider of a generative automation platform, raised $5.6M in Seed funding. The round was led by Accel, with participation from Khosla Ventures, Human Ventures, Heretic VC, MVP Ventures, Correlation Ventures, Pelion VC, and angel investors, including Drew Houston, Akshay Kothari, Amjad Masad, and Kyle Parrish. The company intends to use the funds […] The post Cartwheel Raises $5.6M in Seed Funding appeared first on FinSMEs.

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Is It Too Late to Buy Netflix Stock?

The Motley Fool

The list of businesses that have done better for their shareholders in the past 20 years than Netflix (NASDAQ: NFLX) is undoubtedly a very short one. This booming streaming stock has skyrocketed 13,500% during that time, certainly making millionaires along the way. In fact, a $7,500 initial investment back then would be worth more than $1 million today.

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Whizz Raises $12M in Series A Funding

FinSMEs

Whizz, a NYC-based provider of a e-bike subscription platform for last-mile delivery drivers, raised $12M in Series A funding. The round, which brought the total amount to $20M, was led by LETA Capital, with participation from Flashpoint, and others. Founded in 2020 by Alex Mironov, Ksenia Proka, Artem Serbovka, and Mike Peregudov, Whizz is an e-bike […] The post Whizz Raises $12M in Series A Funding appeared first on FinSMEs.

Funds 110

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Greptile Raises $4.1M in Seed Funding

FinSMEs

Greptile, a San Francisco, California-based company that allows engineers to use natural language to index and search large codebases, raised $4.1m in seed funding. The round was led by Initialized Capital, with participation from angels including Rich Aberman (WePay) and JJ Fliegelman (WayUp), both former YC visiting partners. The company intends to use the funds […] The post Greptile Raises $4.1M in Seed Funding appeared first on FinSMEs.

Funds 108
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If You'd Invested $10,000 in Berkshire Hathaway Stock 30 Years Ago, Here's How Much You'd Have Today

The Motley Fool

Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is well-known for delivering incredible returns for investors in the 60 years since Warren Buffett took control of the company -- and for good reason. Since Buffett took over in 1964, Berkshire has delivered an unbelievable 4,384,748% total return for investors. Think about that for a minute. This means that a $10,000 investment in Berkshire at that time would be worth $438 million today.

Investing 246
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SpyCloud Receives $35M in Growth Financing

FinSMEs

SpyCloud, an Austin, TX-based cybersecurity firm whose solutions help organizations investigate and protect against cybercrime, received a $35m growth financing from CIBC Innovation Banking. The company intends to use the funds to expand its offerings following its Series D raise in August 2023, led by Riverwood Capital. Founded in 2016, and led by CEO Ted […] The post SpyCloud Receives $35M in Growth Financing appeared first on FinSMEs.

Financing 106
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Why Zim Integrated Shipping Stock Is Down Today

The Motley Fool

Shares of Zim Integrated Shipping Services (NYSE: ZIM) have more than doubled so far in 2024, fueled by geopolitical tensions that have caused ocean shipping rates to rebound. At least one analyst believes the rally is running out of steam. Shares of Zim traded down 15% as of 10:30 a.m. ET after Citigroup downgraded the stock to a sell. Is this as good as it gets?

Debt 246
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Fizz Raises $14.4M in Seed Funding

FinSMEs

Fizz, a NYC-based provider of a credit-building debit card for students, raised $14.4M in Seed funding. The round was led by Kleiner Perkins. The company intends to use the funds to scale its team and build out additional product lines, as well as invest in marketing and sales to build awareness at more colleges and […] The post Fizz Raises $14.4M in Seed Funding appeared first on FinSMEs.

Funds 104
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Prediction: This Will Be Wall Street's First $5 Trillion Stock

The Motley Fool

Over the long run, the stock market has proved to be a superior wealth creator. Over the last century, no other asset class has come anywhere close to matching the annualized average return generated by stocks. But not all stocks are created equally. One of Wall Street's greatest attributes is that it's dynamic. History tells us that today's largest stocks are unlikely to be the biggest publicly traded companies 20 years from now.

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Epiris promotes six 

Private Equity Wire

London-based private equity firm Epiris has promoted Kathryn Pothier to Partner, Alex Wilby to Investment Partner and both Thayne Forbes and Zoe Lai to Investment Director. Pablo Espinoza and Scott Forbes have also been promoted to Investment Manager and Investment Associate respectively. Pothier joined Epiris in January 2023 as Investor Relations Partner to lead the firm’s investor relations and fund-raising activities, having previously served as Head of Investor Relations at Dallas-based priv

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Where Will Nvidia Stock Be in 3 Years?

The Motley Fool

Nvidia (NASDAQ: NVDA) investors have seen their investments in this high-flying semiconductor company multiply substantially in the past three years. After all, Nvidia stock has shot up an impressive 576% during this period, which means that an investment of $1,000 in its shares three years ago is now worth more than $6,750. The stock market has rewarded Nvidia investors with such handsome gains thanks to the impressive growth in its top and bottom lines.

Returns 246
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StepStone closes largest-ever VC secondaries fund

Private Equity Wire

StepStone Group, a global private markets investment firm focused on investment solutions, advisory and data services, has raised $3.3bn for StepStone VC Secondaries Fund VI, its sixth vehicle focused on venture capital secondaries opportunities. The oversubscribed fund, which secured support from existing investors as well as new limited partners, is the largest fund exclusively pursuing venture capital secondaries raised to date, according to a press statement.

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Hoping for a Generous Social Security COLA in 2025? Here's Why You Actually Don't Want Such a Large Raise

The Motley Fool

The monthly benefit you start out collecting from Social Security won't necessarily be the monthly benefit you receive for life. That's because years ago, lawmakers decided that Social Security should be eligible for automatic cost-of-living adjustments, or COLAs. The purpose of Social Security COLAs is to help seniors maintain their buying power as inflation drives the cost of living upward.

Financing 246
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Edison Partners appoints VP 

Private Equity Wire

New Jersey-based private equity firm Edison Partners has promoted Michael Dirla from Senior Associate to Vice President. Dirla will now work more closely with the firm’s portfolio companies, as well as identifying and evaluating potential investments in fintech and enterprise solutions. Dirla joined Edison in 2021 and helped execute the firm’s $25m growth investment in healthcare benefits platform TakeCommand and a recent $110m investment and recapitalisation of messaging and payments platform

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Zillow vs. Redfin: What's the Better Deep-Value Real Estate Stock to Buy Now?

The Motley Fool

Zillow (NASDAQ: ZG) (NASDAQ: Z) and Redfin (NASDAQ: RDFN) are both innovative technology companies aiming to disrupt the massive real estate industry. And both are down massively from their 2021 peaks. In this video, Fool.com contributors and real estate experts Matt Frankel and Tyler Crowe discuss each company and whether they think each is worth buying.

Returns 246
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Charlesbank invests in Quorum Cyber

Private Equity Wire

US private equity firm Charlesbank Capital Partners has made an investment in Quorum Cyber, which is intended to help the global cybersecurity firm accelerate its growth strategy through talent recruitment and expansion of its services. London-based private equity firm Livingbridge is an existing partner of Quorum, having overseen development of its customer platform Clarity, team training and further expansion into the US market.

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Shocking Truth: GM Stock Has Crushed Tesla's Stock Performance Over the Past Year

The Motley Fool

Tesla (NASDAQ: TSLA) may be a popular name in the market, but General Motors (NYSE: GM) has been a better-performing stock over the past year by a wide margin. In this video, Travis Hoium covers why GM is outperforming and why that will continue long-term. *Stock prices used were end-of-day prices of June 4, 2024. The video was published on June 5, 2024.

Returns 246
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Guggenheim Investments closes $1.2bn levered private credit vehicle led by Apollo S3

Private Equity Wire

Guggenheim Investments, the global asset management and investment advisory division of $320bn global investment and advisory firm Guggenheim Partners, has held the closing of a $1.2bn private credit vehicle led by Apollo S3. Pantheon co-led the transaction, with significant investments by Coller Capital, Antares Capital, GCM Grosvenor, Atalaya Capital Management and a fund managed by Hamilton Lane.

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Don't Look Now, but Cava Is Worth 10 Cracker Barrels. Time to Buy the Stock?

The Motley Fool

For over 50 years, restaurant chain Cracker Barrel Old Country Store (NASDAQ: CBRL) has been pleasing customers with Southern style comfort food, old-timey products in its country store, and unique antique decor throughout its locations. Weary interstate travelers stop in, relax in some front-porch rocking chairs, and perhaps even play a game of checkers.

Bidding 246
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Kartesia raises €1.8bn for second-generation senior debt strategy

Private Equity Wire

Kartesia, a European specialist provider of capital solutions for small and mid-sized companies, has held the final closing for its second-generation senior debt strategy, Kartesia Senior Opportunities, at €1.8bn. According to a press statement, the fund exceeded its initial target of €1.5bn and is 80% larger than the first-generation strategy, which closed at €1bn in March 2021.

Debt 93
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1 Unstoppable Stock Set to Join Nvidia, Microsoft, Apple, and Alphabet In the $2 Trillion Club Within 3 Years

The Motley Fool

The U.S. economy has a storied history of producing the world's most valuable companies. In 1901, United States Steel became the first company to reach a $1 billion valuation, and 117 years later, in 2018, Apple became the first to cross the $1 trillion threshold. The iPhone maker also became the first company to surpass $2 trillion in market capitalization.

Capital 245
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Foresight holds first closing of flagship energy fund at €300m

Private Equity Wire

Foresight Group Holdings Limited (Foresight), a private investment manager focused on real assets and capital for growth, has secured commitments of €300m at the first close of Foresight Energy Infrastructure Partners II (FEIP II). The fund has attracted support from two new cornerstone investors to the strategy, one of which is Border to Coast Pensions Partnership, a UK pension pool for Local Government Pension Schemes.

Funds 93
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These 6 Vanguard ETFs Are Beating the S&P 500 so Far in 2024. Here's the Best of the Bunch.

The Motley Fool

We're nearly halfway through 2024, and the great news for investors is that the S&P 500 is on track for another strong performance. After soaring 24% in 2023, the widely followed index is up around 10.5% year to date. However, investors could have obtained even better returns from some exchange-traded funds (ETFs). These six Vanguard ETFs are beating the S&P 500 so far in 2024.

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SEC suffers setback in bid to increase PE and VC fund oversight

Private Equity Wire

The SEC has suffered a major setback in its bid to increase oversight of the private equity and venture capital industry after a US appeals court threw out a new rule requiring managers to provide investors with fees and expenses each quarter. On Wednesday, a three-judge panel of the US 5th Circuit Court of Appeals in New Orleans agreed unanimously with six private equity and hedge fund groups who had argued that the the SEC exceeded its authority by adopting the rule in August.

Bidding 87
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The Best Low-Cost ETF to Invest $1,000 in Right Now

The Motley Fool

No one likes fees. Whether it's baggage fees, cleaning fees, or hidden fees, they're all annoying. The same goes for investing fees. After all, you're already putting your hard-earned money on the line -- who wants to pay a fee on top of it? Unfortunately, investment fees are a reality. So, how do investors ensure they're paying as little as possible?

Investing 245
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How Would You Invest $14 Million?

A Wealth of Common Sense

We also discussed questions about our personal investment decisions, switching your portfolio from individual stocks to index funds, the potential impact of artificial general intelligence and investment advice for a college senior. Further Reading: If You’re Still Worried You Aren’t Wealthy 1That CFA designation still comes in handy from time to time. 2Assuming you put some thought into that allocation and i.

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2 of the Best Artificial Intelligence (AI) Stocks to Buy in 2024

The Motley Fool

Artificial intelligence (AI) is a complex and rapidly growing tech sector, with investors jockeying for the proper AI exposure in their portfolios. One thing is clear: Cutting-edge computer chips have become the de facto building blocks of AI. They are needed (in mass quantities) to power these powerful AI operations. When it comes to picking AI stocks, there have been some clear winners, as well as some stocks that haven't caught fire the way one might have expected.

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Deal Roundup: Palladium seals $695m Trachte trade sale, Permira buys into PharmaCord

AltAssets

Palladium Equity Partners has agreed to sell its majority interest in Trachte, a provider of highly engineered protection and control buildings, in a $695m trade sale. Palladium acquired a majority stake in the business in 2020. Trachte’s products and services protect essential controls, equipment, and infrastructure for electric utilities, data centers, and other commercial and […] The post Deal Roundup: Palladium seals $695m Trachte trade sale, Permira buys into PharmaCord first ap

Stakes 81
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Meet the Newest AI Stock in the Dow Jones, and the Stock-Split Stock That Could Join the Iconic Index Next

The Motley Fool

The Dow Jones Industrial Average (DJINDICES: ^DJI) has roots in the 19th century. The index debuted as a daily average of a dozen industrial stocks in 1896, but more companies were added in subsequent years, such that the Dow Jones had 30 components by 1928. The index still tracks 30 companies today, though it is no longer limited to industrial stocks.

Prospects 243
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Yukon Partners pulls in over $765m for Fund V hard cap close

AltAssets

Mezzanine investment specialist Yukon Partners has beaten its target for its fifth flagship fund by raising more than $765m for a hard cap close. The post Yukon Partners pulls in over $765m for Fund V hard cap close first appeared on AltAssets Private Equity News.

Funds 79
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Occidental Petroleum and Berkshire Hathaway are Teaming Up to Help Solve a Huge Problem

The Motley Fool

Occidental Petroleum (NYSE: OXY) isn't your average oil company. While it currently makes most of its money producing fossil fuels, it has grand ambitions to help lead the transition to lower-carbon energy. Through its Oxy Low Carbon Ventures subsidiary and other endeavors, it has invested heavily in several emerging lower-carbon energy technologies.