Tue.May 07, 2024

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Warren Buffett's $56 Billion Silent Warning to Wall Street May Portend Trouble for Stocks

The Motley Fool

In 1973, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) held its first annual meeting in the cafeteria of one of its subsidiaries and drew a few dozen people. This past weekend, Omaha, Nebraska, was the destination for roughly 40,000 investors to attend Berkshire's annual shareholder meeting. The insatiable lure for these investors is the chance to listen to investing great Warren Buffett speak for hours on end about his company, the U.S. economy, and the stock market.

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Blackwell Security Raises $13M in Funding

FinSMEs

Blackwell Security, an Ann Arbor, MI-based provider of specialized cybersecurity solutions for the healthcare sector, raised $13M in funding. The round was led by General Catalyst and Rally Ventures. As part of the announcement, Blackwell has appointed Geyer Jones as their first Chief Executive Officer. The company intends to us the funds to broaden their […] The post Blackwell Security Raises $13M in Funding appeared first on FinSMEs.

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1 Unstoppable Stock Set to Join Nvidia, Microsoft, Apple, and Alphabet in the $2 Trillion Club

The Motley Fool

Only six American companies have a valuation of at least $1 trillion: Microsoft , valued at $2.9 trillion. Apple , valued at $2.6 trillion. Nvidia , valued at $2.1 trillion. Alphabet , valued at $2 trillion. Amazon (NASDAQ: AMZN) , valued at $1.9 trillion. Meta Platforms , valued at $1.1 trillion. And as this list shows, just four companies have crossed the $2 trillion threshold.

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Seinfeld on When Money Became Everything

A Wealth of Common Sense

One of my favorite pop culture developments in recent years is the famous person press tour. If you write a new book or have a new movie or TV show coming out, you have to talk to every outlet imaginable to sell your project. There is so much content and so much competition for our attention these days that even uber-successful people are forced to make the hard sell.

Financing 116
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Why Coca-Cola Consolidated Stock Skyrocketed Over $1,000 Per Share Today

The Motley Fool

Shares of Coca-Cola Consolidated (NASDAQ: COKE) -- the largest bottler of products from The Coca-Cola Company as well as a bottler of other beverages -- skyrocketed over $1,000 this morning after the company reported financial results for the first quarter of 2024 and announced a massive plan to repurchase shares. As of 10:20 a.m. ET on Monday, Coca-Cola Consolidated stock was up almost 16%.

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Averto Medical Raises $30M in Series A Financing

FinSMEs

Averto Medical, a San Francisco, CA-based clinical-stage medical device company, raised $30M in Series A funding. The round was led by Cormorant Asset Management with participation from Venrock Healthcare Capital Partners, LifeSci Venture Partners, CVF, and other investors. In connection with this financing, Averto Medical announced that Ken Song, MD will serve as Executive Chairman with Dan […] The post Averto Medical Raises $30M in Series A Financing appeared first on FinSMEs.

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Inkbit Closes $19M Financing

FinSMEs

Inkbit, a Medford, MA-based company which specializes in advanced additive manufacturing solutions, raised $19M in funding. The round was led by Ingersoll Rand (NYSE: IR), with participation from Future Labs Capital, GC Ventures America, iGlobe Partners, Ocado, Phoenix Venture Partners, Stratasys, Zeon Ventures, and other private investors. As part of the transaction, Jason Weber, Vice President of Engineering, […] The post Inkbit Closes $19M Financing appeared first on FinSMEs.

Financing 113
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5 Good Reasons Not to Renew Your Sam's Club Membership

The Motley Fool

Image source: Getty Images Some shoppers join warehouse clubs like Sam's Club to save money when stocking up on everyday essentials. But it costs money to join Sam's Club, so it's important to take a few moments to decide whether the benefits are worthwhile for your household before you join or renew your membership. If you don't do this, you could waste your hard-earned money.

Financing 246
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Daloopa Raises $18M in Series B Funding

FinSMEs

Daloopa, NYC-based AI-powered historical data provider, raised $18M in Series B funding. The round was led by Touring Capital with participation from Morgan Stanley and existing investor, Nexus Venture Partners. The company intends to use the funds to further innovate its proprietary algorithm and build product solutions that further improve the quality of data in […] The post Daloopa Raises $18M in Series B Funding appeared first on FinSMEs.

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Summer Markdowns at Aldi Will Save Consumers a Collective $100 Million Through Labor Day

The Motley Fool

Image source: Upsplash/The Motley Fool A trip to the grocery store can quickly deplete your checking account funds. But shopping at a low-cost grocer like Aldi can help you get the essentials without ignoring your budget. The popular retailer recently announced additional summer savings that shoppers can take advantage of through Labor Day. Aldi has marked down prices for over 250 summer essentials to help consumers save more money.

Financing 246
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Synopsys to Sell its Software Integrity Business to Clearlake Capital and Francisco Partners

FinSMEs

Synopsys (NASDAQ: SNPS), a Sunnyvale, CA-based provider of integrated software solutions, entered into a definitive agreement with Clearlake Capital Group, L.P. and Francisco Partners, for the sale of its Software Integrity Group business. The transaction has a total value of up to $2.1 Billion, including up to $475M in cash payable upon Francisco Partners and Clearlake achieving a specified rate of […] The post Synopsys to Sell its Software Integrity Business to Clearlake Capital and Fran

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Is It Safe to Buy Stocks With the S&P 500 Near Its Record High? History Gives a Surprising Answer

The Motley Fool

The S&P 500 (SNPINDEX: ^GSPC) advanced 10.2% during the three-month period that ended in March, notching 22 record highs along the way. That was the index's strongest first quarter since 2019, and its second-strongest first quarter of the past decade. Those gains were primarily driven by rate-cut hopes. To elaborate, investors initially expected the Federal Reserve to cut rates at least three times this year.

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Backpack Healthcare Raises $14M in Series A Funding

FinSMEs

Backpack Healthcare (formerly Youme Healthcare), an Elkridge, MD-based online pediatric mental healthcare provider, raised $14M in Series A funding. The round was led by PACE Healthcare Capital with participation from ECMC, Techstars, Collab Capital, Bridge Builders Collaborative, Portland Seed Fund, Hopelab, Rethink Education, Genius Guild, and Unlikely Collaborators, along with angel investors including Maya Ghosn Bichara and Jeffrey Walker.

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I Used to Think 59 1/2 Was the Best Age to Start Withdrawing From a 401(k). Here's Why I've Changed My Tune.

The Motley Fool

I'll admit that my first bunch of 401(k) plan contributions were ones I made grudgingly. Back in my 20s, I pretty much hated the idea of parting with money I could've been spending on near-term expenses, or even leisure. After all, I had a demanding job in finance and felt I deserved to spend more of my money -- not sock it away for decades. But because I recognized the importance of funding a 401(k) and wanted the tax benefits, I powered through.

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Neurable Raises $13M in Funding

FinSMEs

Neurable, a Boston, MA-based neurotechnology company, raised $13M in funding. Backers included Ultratech Capital Partners, TRAC, Pace Ventures, and Metaplanet. The company intends to use the funds to build of its platform, giving companies and original equipment manufacturers (OEMs) access to non-invasive BCI technology and making it widely available to consumer audiences.

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Prediction: 1 Artificial Intelligence Stock That Could Be Worth More Than Nvidia 1 Year From Now

The Motley Fool

The artificial intelligence (AI) race is on, and it has a wide reach. Software companies (like Palantir Technologies and CrowdStrike ) are developing programs that use AI to analyze data, solve complex problems, and provide cybersecurity. Hardware companies create high-powered semiconductors critical for data centers. Nvidia is the current titan. True "picks-and-shovels" companies like Marvell Technology make Ethernet switches and accelerators.

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DwellFi Raises $3M Seed Funding To Date

FinSMEs

Dwellfi, a Palo Alto, CA-based company which specializes in AI, blockchain, and tokenization solutions for private funds and fund administrators, has raised $3M in Seed funding to date. The round was led by E1 Ventures, Stanford Blockchain, Hustle Fund, Blockchain Coinvestors, and Fortified Ventures. The company intends to use the funds to expand operations and […] The post DwellFi Raises $3M Seed Funding To Date appeared first on FinSMEs.

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The Best Way to Decide if You Should Renew Your Costco Executive Membership

The Motley Fool

Image source: Upsplash/The Motley Fool You should evaluate each subscription or membership service at least once a year to make sure you're not paying for anything you aren't using. That includes your Costco membership -- especially if you have the costlier Executive membership. For most people, the primary difference between the $120 Executive membership and the $60 Gold Star membership is the Costco Reward.

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Paxafe Raises $9M in Series A Funding

FinSMEs

Paxafe, an Indianapolis, IN-based company delivering AI-powered decision support solutions for cold chain logistics, raised $9M in Series A funding The round, which brought the total amount to $14M, was led by Framework Venture Partners, with participation from M12 (Microsoft’s Venture Fund), Rosecliff Ventures, Elevate Ventures, AngelList Quant Fund, Gaingels, Mana Ventures and existing participants Ubiquity Ventures and Venture53.

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Great News for Microsoft Stock Investors

The Motley Fool

Fool.com contributor Parkev Tatevosian discusses what this news could mean for Microsoft (NASDAQ: MSFT) stock investors. *Stock prices used were the afternoon prices of May 3, 2024. The video was published on May 5, 2024. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for two decades, Motley Fool Stock Advisor , has more than tripled the market.* They just revealed what they believe are the 10 best stocks for

Investors 243
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Numeric Raises $10M in Seed Funding

FinSMEs

Numeric, a San Francisco, CA- and NYC-based AI-powered accounting automation company, raised $10M in Seed funding. Bakers included Founders Fund, Menlo Ventures, 8VC, Long Journey, Friends & Family Capital, and others. The company intends to use the funds to expand its R&D hiring efforts to continue new product development. Founded in 2020 by Anthony Alvernaz, Parker Gilbert, and Andrew […] The post Numeric Raises $10M in Seed Funding appeared first on FinSMEs.

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What Nvidia Stock Investors Should Know About Recent Artificial Intelligence (AI) Updates

The Motley Fool

In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of May 3, 2024. The video was published on May 3, 2024. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now

Investors 243
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Ethernity Transitions to an AI Enhanced Ethereum Layer 2, Purpose-Built for the Entertainment Industry

FinSMEs

LOS ANGELES, United States, May 7th, 2024, Chainwire Global brands and talent will be able to use Ethernity’s technology to store their IP on-chain and engage with their fans through next-generation content and experiences Ethernity, the renowned platform for authenticated and licensed NFTs with icons like Lionel Messi and Shaquille O’Neal, announces its groundbreaking evolution […] The post Ethernity Transitions to an AI Enhanced Ethereum Layer 2, Purpose-Built for the Entertainment Indus

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1 Glorious Growth Stock Down 49% to Buy Hand Over Fist, According to Wall Street

The Motley Fool

Many investors look to the Nasdaq Composite index to measure the performance of the technology sector. It set a new record high in the early stages of 2024 and remains comfortably in bull market territory despite a recent sell-off. However, indexes like the Nasdaq Composite are heavily weighted toward multitrillion-dollar tech giants like Microsoft and Nvidia , which skews their performance.

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May newsletter: Better quarterly commentary

Investment Writing

Want to do a better job on your next quarterly commentary? You’ve finished your first-quarter commentary, but you have a nagging feeling you could have done a better job editing it. Check out the five-step process in my blog post on “ 5 steps for rewriting your investment commentary ”! Also, if you’re writing for an audience of individual investors, pay attention to my list of “ Words to avoid in your investment communications with regular folks. ” You might also enjoy “ Investment commentary nu

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Can Ford Become a $100 Billion Company Once Again?

The Motley Fool

To say that Ford Motor Company (NYSE: F) hasn't been a worthwhile investment would be putting it lightly. Even if you include dividends, this car manufacturer's total return has lagged the broader S&P 500 in the last three-, five-, and 10-year periods. But this auto stock has had periods of strong performance. Shares skyrocketed 136% in 2021 as they were on the recovery path following the quick pandemic dip.

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Why investors should introduce infrastructure bank loans into their portfolios

AltAssets

Josh Pandolfi, managing director and senior portfolio manager at financial technology company Pontoro, explains how institutional investors can better access infrastructure debt – and discusses why infrastructure bank loan investments would provide a creative and efficient solution to the banks’ current balance sheet crisis. I never thought I’d have the chance to fly over the […] The post Why investors should introduce infrastructure bank loans into their portfolios first appea

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Forget Nvidia: 1 Super Semiconductor Stock to Buy Hand Over Fist, According to Wall Street

The Motley Fool

The development of artificial intelligence (AI) happens mostly in large, centralized data centers filled with powerful graphics processing units (GPUs). Nvidia remains the go-to provider of those chips, and its H100 GPU was responsible for an impressive 217% increase in the company's data center revenue in its most recent fiscal year. However, competition is coming.

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Partners Group launches industry-first evergreen ELTIF private equity fund

AltAssets

Alternative ivestment giant Partners Group has launches the PE industry's first ELTIF-compliant evergreen fund. The post Partners Group launches industry-first evergreen ELTIF private equity fund first appeared on AltAssets Private Equity News.

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Nikola (NKLA) Q1 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Nikola (NASDAQ: NKLA) Q1 2024 Earnings Call May 07, 2024 , 10:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good morning. Welcome to Nikola Corporation's first quarter 2024 earnings and business update call. Currently, all participants are in listen-only mode. We will begin today's call with a short video presentation, followed by management's prepared remarks.

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Alto Partners and Arca Fondi acquire pharma manufacturer Eurosirel 

Private Equity Wire

Milan-based private equity firm Alto Partners and Italian fund management company Arca Fondi have agreed to the buyout of Eurosirel, a manufacturer and distributor of medical devices and cosmetics. The transaction is expected to close by June. As part of the transaction, Alto’s latest fund, Alto Capital V, and Arca’s private equity fund, Arca Space Capital, will acquire Eurosirel from the company’s founders, Ernesto and Alberto Leonelli, through an equally owned and managed special-purpose enti

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3 ETFs That Are Screaming Buys in May

The Motley Fool

Investments can be screaming buys for many different reasons. They may be seriously undervalued for no good reason. Maybe it's an early bet of a promising long-term trend. Or perhaps you're looking at something that always makes sense to a long-term investor -- you might as well set up an automated dollar-cost averaging plan for this one! These "screaming buy" situations are often applied to stocks but also work for exchange-traded funds (ETFs).

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Asian retail investors increasingly eyeing PE, credit amid growing diversification urge

AltAssets

Retail investors across Asia are showing more enthusiasm for private equity and private credit in an attempt to diversify and grow their returns, new research shows. The post Asian retail investors increasingly eyeing PE, credit amid growing diversification urge first appeared on AltAssets Private Equity News.

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Is McDonald's an Inflation-Resistant Stock to Buy Right Now?

The Motley Fool

McDonald's (NYSE: MCD) stock dropped and quickly recovered following its earnings announcement for the first quarter of 2024. The stock also remained steady in subsequent trading sessions. This likely reflects some confidence in McDonald's stock. Although both revenue and earnings increased, CEO Chris Kempczinski noted the effects of inflation , saying customers are "more discriminating" with every dollar.

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