Wed.Apr 24, 2024

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Tesla Sent a Clear Message to Wall Street on Tuesday

The Motley Fool

In this video, I will go over Tesla 's (NASDAQ: TSLA) first-quarter earnings. The company reported a double miss but shared some exciting news about its future. *Stock prices used were from the trading day of April 23, 2024. The video was published on April 24, 2024. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen.

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Trace Raises $2M in Pre-Seed Funding

FinSMEs

Trace, a Columbus, OH-based provider of a platform that empowers creators to build location-based AR spaces, raised $2M in Pre-Seed funding. The round was led by Rev1 Ventures and Impellent Ventures. Other investors included Everywhere Ventures, Ohio Innovation Fund, Portland Seed Fund, Allied Venture Partners, Service Provider Capital, Astir Ventures, Move VC, and Phoenix Venture […] The post Trace Raises $2M in Pre-Seed Funding appeared first on FinSMEs.

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Meet Eli Lilly's Secret Weapon in the Billion-Dollar Weight-Loss Drug Market

The Motley Fool

Eli Lilly 's (NYSE: LLY) Zepbound has shown it has what it takes to become a blockbuster. The weight-loss drug, following regulatory approval late last year, brought in $175 million in revenue in just its first few weeks on the market. Doctors and their patients are flocking to weight-loss drugs known as GLP-1 agonists, and demand has even surpassed supply.

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ThreatLocker Raises $115M in Series D Funding

FinSMEs

ThreatLocker, an Orlando, FL-based global cybersecurity company that offers a Zero Trust endpoint security solution, raised $115M in Series D funding. The round was led by existing investor General Atlantic, with participation from other major investors StepStone Group and the D. E. Shaw group. The company intends to use the funds to focus on driving […] The post ThreatLocker Raises $115M in Series D Funding appeared first on FinSMEs.

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Tesla Just Shared Some Spectacular News for Nvidia Stock Investors

The Motley Fool

In today's video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA) , Tesla (NASDAQ: TSLA) , and other semiconductor companies. 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 April 23, 2024. The video was published on April 23, 2024. Should you invest $1,000 in Nvidia right now?

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Finyard: The Top Trends Shaping The FinTech industry

FinSMEs

By Dmitrij Pruglo, Finyard Group CEO The global FinTech market continues to expand at a staggering pace. Valued at $294 billion in 2023, it’s projected to reach $1.15 trillion by 2032, growing at a compound annual growth rate (CAGR) of 16.5%. This explosive growth reflects the seismic shifts transforming financial services as cutting-edge technologies and […] The post Finyard: The Top Trends Shaping The FinTech industry appeared first on FinSMEs.

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Culminate Foods Raises €2.3M in Seed Funding

FinSMEs

Culminate Foods, a Berlin, and Hannover, Germany-based cellular agriculture company, raised €2.3M in funding. The round was led by High-Tech Gründerfonds (HTGF). Life Science ValleyWachstumsfonds, b.value AG, Kale United, and Big Idea Ventures also participated. The company intends to use the funds to scale up production processes, expand commercial collaborations and operation.

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Why Old Dominion Freight Line Stock Crashed on Wednesday

The Motley Fool

Shares of less-than-truckload shipper Old Dominion Freight Line (NASDAQ: ODFL) fell 10.2% through 1:15 p.m. ET today despite largely meeting market expectations for its first-quarter earnings this morning. Heading into the quarter, analysts had forecast Old Dominion would earn $1.34 per share on sales of $1.47 billion. As it turned out, earnings were $1.34, and revenue only just missed expectations at $1.46 billion.

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neurocare Raises EUR 16M in Funding

FinSMEs

neurocare, a Munich, Germany-based personalized mental health care company, raised EUR 16M in funding. TVM Capital Healthcare made the investment. The company intends to use the funds to expand its international growth plans, including US and market entry into the Kingdom of Saudi Arabia, as well as support the development of new hardware and software […] The post neurocare Raises EUR 16M in Funding appeared first on FinSMEs.

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3 Reasons Tilray Brands Investors Shouldn't Assume U.S. Marijuana Legalization Would Fix the Stock's Problems

The Motley Fool

A big reason many investors think Canadian pot producer Tilray Brands (NASDAQ: TLRY) is worth the risk is because of the potential upside if the U.S. legalizes marijuana. It would open up a large market for the cannabis company, one that could help it drastically improve its revenue growth. But that doesn't mean it would transform the risky business into a safe one.

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Twill Payments Raises Pre-Seed Funding

FinSMEs

Twill Payments, a Camden, DE-based payment integration solution company, closed its Pre-seed funding round. Backers were not disclosed. The company intends to use the funds to further enhance the development of its platform, including advanced analytics features that proactively identify insights and trends businesses might not know to look for. Led by Michael Wright, Founder, […] The post Twill Payments Raises Pre-Seed Funding appeared first on FinSMEs.

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The Average American Aged 65 and Older Has $232,710 Invested in a 401(k). 5 Strategies to Help You Beat the Average Before You Retire.

The Motley Fool

The average adult 65 and older has just $232,710 saved for retirement -- far short of the $1 million or more many workers estimate they'll need for a comfortable future. The idea of running out of money in your final years is scary, but you can reduce this risk by taking key steps now to build your retirement account balances. Here are five worth considering. 1.

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Nooks Raises $22M in Series A Funding

FinSMEs

Nooks, a San Francisco, CA-based AI dialing & prospecting platform, raised $22M in Series A funding. The round was led by Lachy Groom with participation from Tola Capital and Stifel Venture Banking, bringing Nooks total funding to $27M. Led by Dan Lee, CEO, Nooks provides a platform for sales teams prospecting over the phone. It multiplies sales productivity by automating […] The post Nooks Raises $22M in Series A Funding appeared first on FinSMEs.

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3 Lesser-Known Social Security Rules You Should Be Aware Of

The Motley Fool

Social Security is a complex program that must serve the needs of 70 million Americans with a diverse range of circumstances. There's no way anyone could construct a program that big without a lot of detailed planning and intricate rules. While many households rely on Social Security to make ends meet in old age and retirement, they may be missing out if they don't know some of its lesser-known rules.

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Sublime Security Raises $20M Series A Funding

FinSMEs

Sublime Security, a Washington, DC-based provider of an AI-powered, programmable email security platform, raised $20M in Series A funding. The round was led by Index Ventures with participation from previous investors Decibel Partners and Slow Ventures. Dmitri Alperovitch joined the investment round and Board of Directors. The company intends to use the funds to further invest in […] The post Sublime Security Raises $20M Series A Funding appeared first on FinSMEs.

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New to Investing in Cryptocurrencies? Do These 3 Things Right Now

The Motley Fool

When you're just starting to dabble in cryptocurrency investments, whether you're planning on buying and holding Bitcoin (CRYPTO: BTC) or an exotic memecoin, you'll need to be mentally, financially, and technologically prepared if you want to succeed. So do the following three things right now, and you'll be well on your way to becoming more experienced. 1.

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RWX Raises $7M in Seed Funding

FinSMEs

RWX, a Columbus, OH-based provider of a Continuous Integration and Continuous Delivery (CI/CD) platform, raised $7M in Seed funding. The round was led by Quiet Capital. The company intends to use the funds to expand operations and its development efforts. Founded by Dan Manges and Tommy Graves, RWX is the company behind Mint, a Continuous […] The post RWX Raises $7M in Seed Funding appeared first on FinSMEs.

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50% of Billionaire Bill Ackman's Pershing Square Portfolio Is in These 3 Companies -- and They're Not Artificial Intelligence (AI) Stocks

The Motley Fool

Bill Ackman is one of the most well-known billionaire investors and is the head of the Pershing Square hedge fund. However, unlike many of his billionaire peers in the industry, Ackman is a value investor at heart and primarily invests in easy-to-understand businesses at a perceived discount, as opposed to trying to put his money in the next big thing.

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BforeAI Raises $15M in Series A Funding

FinSMEs

BforeAI, a NYC- and Montpellier, France-based predictive security company, raised $15M in Series A funding. The round was led by SYN Ventures, with participation from early investors Karma Ventures, Karista, Addendum Capital, and a new investment from the Partnership Fund for New York City. The company intends to use the funds to expand operations and development […] The post BforeAI Raises $15M in Series A Funding appeared first on FinSMEs.

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How Often Will You Get Free Business Class Seats With Elite Airline Status?

The Motley Fool

Image source: Upsplash/The Motley Fool If you've earned elite status with your favorite airline or recently moved up a status level, you might be wondering how often you should expect to get upgraded to business class. I wish I could tell you things like, "With Delta SkyMiles Silver status, you can expect to be upgraded about X% of the time," but unfortunately it isn't that simple.

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Endeavor BioMedicines Raises $132.5M in Series C Financing

FinSMEs

Endeavor BioMedicines, Inc., a San Diego, CA-based clinical-stage biotechnology company, closed a $132.5m Series C financing, including the conversion of a $5m convertible instrument. The round was led by AyurMaya, an affiliate of Matrix Capital Management, with participation from new investors including Fidelity Management & Research Company, Invus, SymBiosis, Velosity Capital, and Woodline Partners; and […] The post Endeavor BioMedicines Raises $132.5M in Series C Financing appeared

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Is Salesforce an Excellent Artificial Intelligence (AI) Stock to Buy?

The Motley Fool

Fool.com contributor Parkev Tatevosian evaluates Salesforce (NYSE: CRM) stock and answers whether AI stock investors should buy. *Stock prices used were the afternoon prices of April 21, 2024. The video was published on April 23, 2024. Should you invest $1,000 in Salesforce right now? Before you buy stock in Salesforce, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Salesforce wasn’t one of them.

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MARKT-PILOT Raises $43M in Series A Funding

FinSMEs

MARKT-PILOT, an Esslingen, Germany-based market-oriented spare parts pricing company, raised $43M in Series A funding. The round was led by Insight Partners with participation from existing investor Capnamic. The company intends to use the funds to further expand its business in Europe and the US. Led by Alex Morbe, CEO, MARKT-PILOT enables market-oriented spare parts pricing through […] The post MARKT-PILOT Raises $43M in Series A Funding appeared first on FinSMEs.

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This 15%-Plus-Yielding Passive Income Stock Continues to Deliver Despite Persistent Challenges

The Motley Fool

AGNC Investment (NASDAQ: AGNC) pays a prodigious dividend. The mortgage-focused real estate investment trust (REIT) currently yields 15.7%. That's more than 10 times the S&P 500 's dividend yield of 1.4%. The mortgage REIT generated more than enough income to cover its monster payout in the first quarter. While it hit some turbulence early in the second quarter, it should be able to continue earning enough to cover its monthly dividend in the near term.

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Tines Raises $50M in New Funding

FinSMEs

Tines, a Boston, MA- and Dublin, Ireland-based company which specializes in smart and secure workflows, raised $50M in new funding, as an extension to its Series B. The round, which brought the total amount to $146.2M, was led by Accel and Felicis with participation from Addition, CrowdStrike Falcon Fund and SVCI, all pre-existing investors in Tines.

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This 1 Memecoin Could Eclipse Dogecoin and Shiba Inu. Should You Buy It?

The Motley Fool

The meme coin darlings of yesteryear, Dogecoin (CRYPTO: DOGE) and Shiba Inu , (CRYPTO: SHIB) , may well rise again in the context of a cryptocurrency bull market. But one new contender on the Solana blockchain, Dogwifhat (CRYPTO: WIF) , could well steal the crown from both to become king of the meme coins this time around. That doesn't necessarily make it a smart investment for everyone, of course.

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Vixtra Raises $36M in Debt and Equity Funding

FinSMEs

Vixtra, a São Paulo, Brazil-based fintech company, raised $36m in Debt and Equity funding. The round included: The company intends to use the funds to further invest in technology and expand its range of financial and technological solutions to cater to a wider array of importer needs. Co-founded by Co-CEOs Leonardo Baltieri, and Guilherme Rosenthal, and […] The post Vixtra Raises $36M in Debt and Equity Funding appeared first on FinSMEs.

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This Ultra-High-Yield Dividend Stock Continues to Grow Despite its Challenges

The Motley Fool

NextEra Energy Partners (NYSE: NEP) has battled persistent headwinds over the past couple of years. Rising interest rates have made it more challenging for the company to refinance existing funding and finance its growth. Those issues have weighed on the renewable energy stock, driving its dividend yield up over 12%. Despite those headwinds, the renewable energy company has been able to continue growing.

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Dripos Raises $11M in Series A Funding

FinSMEs

Dripos, a NYC-based comprehensive software platform built specifically for coffee shops, raised $11m in Series A funding. The round was led by Base10 with participation from Michael Siebel of Y Combinator, Shyam Rao (founder of Punchh, acquired for $500+ million by Partech), and Ian Crosby (founder of Bench and Teal, and former Head of Fintech […] The post Dripos Raises $11M in Series A Funding appeared first on FinSMEs.

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Shiba Inu Is Crushing Bitcoin in 2024, but Can It Reach $1?

The Motley Fool

In November 2021, the total market capitalization of all cryptocurrencies in circulation hit a record high of $2.9 trillion. That figure shrank by as much as 72% to just $829 billion in the year that followed, as investors grappled with a wave of high-profile collapses across the industry. But a recovery is underway, and the crypto market valuation has climbed back about $2.5 trillion, which means a new record high is within reach.

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Bandit Network’s Points SDK and Brave Ads Power Astar zkEVM’s Quest Platform “Yoki Origins”

FinSMEs

Dubai, United Arab Emirates, April 24th, 2024, Chainwire “Yoki Origins,” supported by Bandit Network and Brave Ads, introduces a gamified and rewarding experience for Astar zkEVM users, marking a significant milestone in Web3 adoption. Bandit Network, a leading provider of White-Labelled Quest solutions with Points SDK, proudly announces its collaboration with Astar Network to power […] The post Bandit Network’s Points SDK and Brave Ads Power Astar zkEVM’s Quest Pla

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Should You Buy Super Micro Computer Stock Before Earnings?

The Motley Fool

Fool.com contributor Parkev Tatevosian previews Super Micro Computer 's (NASDAQ: SMCI) earnings release and answers if investors should buy ahead of the update. *Stock prices used were the afternoon prices of April 22, 2024. The video was published on April 24, 2024. Should you invest $1,000 in Super Micro Computer right now? Before you buy stock in Super Micro Computer, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investo

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FinQuery Receives $25M Investment

FinSMEs

FinQuery, formerly know as LeaseQuery, an Atlanta, GA-based provider of AI-powered solutions built to manage companies’ largest areas of spend, received a $25M minority investment. The round was led by Periphas Capital with participation from Lavelle Capital. The company intends to use the funds to accelerate product innovation and support strategic M&A.

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Why I'm Slowly Moving Money Out of My High-Yield Savings Account

The Motley Fool

Image source: Getty Images If you're anything like me, there are characteristics of your personality that drive you a little batty but sometimes come in handy. For example, I tend to think (and worry) three or four steps ahead and often wish I could just live in the moment. However, thinking ahead is why I buy groceries before we get snowed in, have the car's oil changed before setting out on a road trip, and follow financial news so I can get a jump on any expected changes.