The Motley Fool

MARCH 13, 2024

Lucid (NASDAQ: LCID) stock has disappointed a lot of investors since its public debut in July 2021. The maker of luxury electric sedans went public by merging with a special purpose acquisition company (SPAC), and its stock started trading at $25.24 before more than doubling to its all-time high of $55.52 four months later. Before it went public, Lucid claimed it could produce 20,000 vehicles in 2022 and 49,000 vehicles in 2023.

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Initial Public Offering Returns Investors Portfolios 246

Private Equity Professional

MARCH 13, 2024

Ascent Lifting, a portfolio company of Shorehill Capital, has completed the add-on acquisition of CERTEX USA. Ascent Lifting was formed by Shorehill in October 2022 as a platform to acquire sister companies Advantage Sales & Supply and Susquehanna Wire Rope & Rigging. Advantage was founded in 1996 by Charlie and Kim Jaques, and the business… This content is for members only.

Capital 130

Capital Portfolios Companies 130

The Motley Fool

MARCH 13, 2024

There are many different areas that artificial intelligence (AI) has the potential to disrupt. One application that is grabbing attention at the moment is voice recognition software. While there are a host of major players developing AI-powered voice assistants, SoundHound AI (NASDAQ: SOUN) is fetching the majority of media coverage thanks to its relationship with Nvidia.

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Private Equity Professional

MARCH 13, 2024

Houlihan Lokey has added veteran healthcare banker Brent Shepherd to its team as a managing director in its capital markets group. Mr. Shepherd joins Houlihan Lokey after 24 years at Capital One’s healthcare banking and lending unit (formerly GE Capital Healthcare Financial Services (GECH) prior to its sale to Capital One in 2015), where he… This content is for members only.

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Financial Services Banks Capital 130

The Motley Fool

MARCH 13, 2024

Costco Wholesale (NASDAQ: COST) isn't exactly a high-yield stock, but what it lacks in yield, it makes up for in dividend growth. It has increased its payment for 19 years and counting, with the average annual dividend boost over the past decade sitting at a heady 12%. Those two stats are built on what is now a customer foundation worth $4.5-billion-plus annually.

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Returns Investors Companies Portfolios 246

Private Equity Professional

MARCH 13, 2024

Peak Rock Capital has completed the buy of California Custom Fruits & Flavors in partnership with the company’s management team and founding Hall family who remain investors in the company. California Custom Fruits and Flavors (CCFF) creates and supplies processed fruits and flavors to various segments of the food industry, including cultured yogurt and ice… This content is for members only.

Capital 130

Capital Investors Companies 130

Private Equity Professional

MARCH 13, 2024

Pet Resort Hospitality Group, a portfolio company of Trivest Partners and Queens Court Capital, has acquired 5 pet resort brands bringing the total number of pet resort brands in its portfolio to 17. Trivest formed Pet Resort Hospitality Group (PRHG) in April 2023 as a platform in the pet services sector with a specific focus… This content is for members only.

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Portfolios Capital Companies 130

The Motley Fool

MARCH 13, 2024

Patient investors can generate excellent returns in the stock market whether they're making large initial investments or tiny ones. If you have the budget, though, you'll get higher absolute returns with bigger stock purchases from both dividends and capital appreciation. Putting $50,000 into a few top stocks, for example, could help a large, diversified portfolio grow more quickly.

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Investing Returns Stock Market Stock Market 246

The Big Picture

MARCH 13, 2024

At the Money: How To Know When The Fed Will Cut with Jim Bianco (March 13, 2024) Markets have been waiting for the Federal Reserve to begin cutting rates for over a year. What data should investors be following for insight into when they will begin? Jim Bianco discusses initial unemployment claims data and wage gain to identify when the Fed will start lowering rates.

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Stock Market Stock Market Funds Investors 112

The Motley Fool

MARCH 13, 2024

It's been a good run for folks that have been binge investing in Netflix (NASDAQ: NFLX). The stock has more than doubled since the start of last year. Even in 2024 -- with many of last year's winners proving mortal -- shares of the leading premium video service provider are beating the market, up 26% year to date. Netflix stock hit a 52-week high in January after posting blowout fourth-quarter results, and that's not all.

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Returns Accounting Portfolios Investors 189

FinSMEs

MARCH 13, 2024

RapidCanvas, an Austin, TX-based AI platform built for business, raised $7.5M in Seed funding. The round was led by Accel with participation from Valley Capital Partners. The company intends to use the funds to expand operations and its business reach, as well as its development efforts. Led by CEO Rahul Pangam, RapidCanvas is an AI […] The post RapidCanvas Raises $7.5M in Seed Funding appeared first on FinSMEs.

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Funds Capital Companies 109

The Motley Fool

MARCH 13, 2024

Image source: The Motley Fool/Upsplash Costco is a great place to buy $1.50 hot dogs, $5 rotisserie chickens, and…rare silver coins? The warehouse retailer recently offered a special price on packages of twenty-five (25) 1 troy ounce 2024 Canada Maple Leaf Silver Coins, 99.99% pure silver. Priced at $679.99 per 25-count package, the Costco silver coins sold out fast.

Financing 246

Financing Finance Investors Accounting 246

FinSMEs

MARCH 13, 2024

Big Sur AI, a Mountain View, CA-based provider of an AI platform for e-commerce, raised a $6.9M in seed funding. The round was led by Lightspeed Venture Partners with participation from Capital F and angel investors. The company intends to use the funds to expand operations and development efforts. Founded in 2023 by Vinod Ramachandran and Arnaud Weber, […] The post Big Sur AI Raises $6.9M in Seed Funding appeared first on FinSMEs.

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Angel Investors Funds Capital Investors 109

The Motley Fool

MARCH 13, 2024

If you are planning on Social Security playing an important role in supporting you in retirement, you need to know the truth about what these benefit checks can do for you. While Social Security can help support you, there's a very good chance you will end up getting less money from this program than you might expect. Here are three reasons why that's the case.

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Accounting Funds Investing 246

FinSMEs

MARCH 13, 2024

Telo, a San Carlos, CA-based electric mobility company advancing EV mini-trucks, raised $5.4M in funding. The round was led by Ali Partovi with participation from Spero Ventures and angel investors. This followed a $1.78M pre-seed funding round announced at launch in June 2023, which was led by GoAhead Ventures, with additional investment from Underdog Labs, WorkPlay Ventures and Yves Béhar (Co-Founder & Chief […] The post Telo Raises $5.4M in Funding appeared first on FinSMEs.

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Angel Investors Funds Investors Companies 109

The Motley Fool

MARCH 13, 2024

Cathie Wood is the CEO and chief investment officer at Ark Invest, an asset management firm focused on disruptive innovation. Wood and her team manage several thematic index funds that offer exposure to technologies like artificial intelligence (AI). Ark sold down its position in Nvidia throughout February, and the selling has continued in March. That may strike readers as strange given that Nvidia chips are the gold standard in AI infrastructure.

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FinSMEs

MARCH 13, 2024

Eyris, a McLean, VA-based digital infrastructure platform created to provide cybersecurity, secure communications, and data protection, raised $3m in pre seed funding. Red Cell Partners, an incubation firm building rapidly scalable, technology-led companies that are bringing advancements to market in national security, cyber, made the investment. The funding allows Eyris to start a pilot program […] The post Eyris Raises $3M in Pre-Seed Funding appeared first on FinSMEs.

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Funds Companies Investing 109

The Motley Fool

MARCH 13, 2024

Artificial intelligence(AI) stocks have had a great run in 2023 and the early part of 2024. But after such a run, which AI stocks are worth adding in March? One good place to look is the stocks of tech leaders that haven't yet exceeded their 2021 highs, but will still likely benefit from the AI revolution. As such, these three big tech stocks look like great buys for this month and beyond.

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Returns Investors Capital Portfolios 246

FinSMEs

MARCH 13, 2024

Joyride, a Toronto, Canada-based provider of a shared mobility platform, $5.2M in Series A funding. The round was led by Yamaha Motors. The company intends to use the funds to expand its offerings to Original Equipment Manufacturers (OEMs) and to advance its proprietary technology, which supports shared mobility fleets in midsize and enterprise markets.

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Funds Companies 109

The Motley Fool

MARCH 13, 2024

Millions of seniors today rely on the monthly benefits they get from Social Security to stay afloat financially. And each year, Social Security recipients eagerly await news of an upcoming cost-of-living adjustment, or COLA. In 2024, Social Security benefits rose 3.2%. But next year, seniors may not see their benefits go up nearly as much. Based on recent inflation data, the nonpartisan Senior Citizens League is projecting that Social Security's 2025 COLA will amount to 1.75%.

Portfolios 246

Portfolios Funds Investing 246

FinSMEs

MARCH 13, 2024

Furno, a Mountain View, CA-based startup dedicated to decarbonizing the cement production industry, raised $6.5M in Seed funding. The round was led by Energy Capital Ventures and joined by O’Shaughnessy Ventures, Cantos, and Neotribe. Breakthrough Energy participated in earlier, non-dilutive funding. The company intends to use the funds to continue to scale its technology, provide […] The post Furno Raises $6.5M in Seed Funding appeared first on FinSMEs.

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Funds Startups Capital Companies 106

The Motley Fool

MARCH 13, 2024

Sea Limited (NYSE: SE) minted a lot of millionaires in the first four years after its initial public offering (IPO) in October 2017. The Singapore-based e-commerce and gaming company went public at $15, and its shares soared to an all-time high of nearly $367 on Oct. 19, 2021. A $50,000 investment in its IPO would have blossomed into $1.2 million. However, Sea's stock now trades at about $58 -- so that investment would have shriveled to roughly $193,000.

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Enterprise Values Initial Public Offering Earnings Before Interest Amortization 246

FinSMEs

MARCH 13, 2024

Fermat, a San Francisco, CA-based startup that allows retailers to create a shopping experience for each customer journey, raised $17M in Series A funding. The round, which brought the total amount to $30M, was led by Bain Capital Ventures (BCV) with participation from existing investors Greylock, QED Investors and Courtside Ventures. The company intends to […] The post Fermat Raises $17M in Series A Funding appeared first on FinSMEs.

Funds 105

Funds Startups Capital Investors 105

The Motley Fool

MARCH 13, 2024

The "Magnificent Seven" is a group of the world's largest technology stocks. They delivered an average return of 112% last year, led by Nvidia , which gained a whopping 239%. Nvidia continues to lead the group higher in 2024, but shares of electric vehicle (EV) giant Tesla (NASDAQ: TSLA) are heading in the opposite direction: NVDA Total Return Level data by YCharts Tesla stock is now trading 57% below its all-time high.

Investing 246

Investing Accounting Companies Investors 246

Private Equity Wire

MARCH 13, 2024

Goldman Sachs Asset Management plans to expand its private credit portfolio to $300bn in five years from the current $130bn, according to a report by Reuters citing Marc Nachmann, Global Head of Asset & Wealth Management at the multinational investment bank. The report quotes Nachmann in describing private credit as “the biggest opportunity set across the alternative space”.

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Asset Management Investment Banking Investment Banks Banks 102

The Motley Fool

MARCH 13, 2024

Over the past 30 years, there have been no shortage of next-big-thing trends and innovations to capture the attention of growth-seeking investors. The advent of the internet, genome decoding, business-to-business commerce, the rise of China stocks, 3D printing, cannabis, blockchain technology, and the metaverse, are just some of the examples of game-changing growth trends that fueled the fear-of-missing-out (FOMO) from investors.

Taxes 246

Taxes Companies Investors Banks 246

Vistra

MARCH 13, 2024

Senior officers at multinational organisations are responsible for ensuring their companies are compliant in all their countries of operation. Depending on the size of an organisation, its activities, the jurisdictions where it operates and other factors, achieving compliance can be a huge.

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Companies 95

The Motley Fool

MARCH 13, 2024

Would you like to retire as a millionaire? It's not such a lofty goal these days, since a million dollars doesn't buy what it used to -- especially after our recent few years featuring higher-than-average inflation. If you retire with $1 million and use a withdrawal strategy of taking out 4% in your first year of retirement, that's only $40,000. Many people might want to aim to retire with even more than $1 million.

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Exchange-Traded Funds Portfolios Stock Market Stock Market 246

Private Equity Wire

MARCH 13, 2024

Global financial services provider Apex Group has appointed Mark Le Page as Head of Financial Crime within its Guernsey business. As part of his new role, Le Page will lead the integration of its financial crime teams as well as join the board of Apex Fund and Corporate Services (Guernsey). Le Page previously worked at the Guernsey Financial Services Commission, as well as global accounting firm EY, where he was an Extended Assurance Director.

Financial Services 92

Financial Services Accounting Funds Investing 92

The Motley Fool

MARCH 13, 2024

Amid the growing interest in artificial intelligence (AI) companies, one surprise is arguably Super Micro Computer (NASDAQ: SMCI). The company existed since 1993, but investor interest did not take off until its AI servers got the attention of investors. Now, a partnership with Nvidia seems to have supercharged the stock. So strong is its performance that the tech stock has risen by about 310% since the beginning of the year.

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Shareholders Returns Investors Portfolios 246

Private Equity Wire

MARCH 13, 2024

The winners of the the Private Equity Wire US Emerging Manager Awards, which recognise excellence among private equity emerging fund managers and service providers, were announced at an exclusive ceremony and networking event today (13 March), at Convene 101 Park Avenue, New York. Voting for the awards was conducted via an online poll of the entire Private Equity Wire userbase, with participants asked to make their choice from a selection of firms in each category shortlisted by Bloomberg.

Law Firms 91

Law Firms Buyout Deal Origination Consultants 91

The Motley Fool

MARCH 13, 2024

Wall Street volatility has been on display since this decade began. In each of the past four years, the ageless Dow Jones Industrial Average , broad-based S&P 500 , and growth-fueled Nasdaq Composite , have traded off bear and bull markets in successive years. For the moment, the bulls are running wild on Wall Street, with all three major indexes rallying to record-closing highs in 2024.

Banks 246

Banks Conglomerates Portfolios Debt 246

Private Equity Wire

MARCH 13, 2024

HarbourView Equity Partners, an alternative asset management firm focused on investments in the sports, media and entertainment space, has secured approximately $500m in a debt financing led by global investment firm KKR. Investment accounts advised by Kuvare Asset Management also participated in private securitisation backed by HarbourView’s diversified catalogue of music royalties.

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Debt Financing Finance Asset Management 89

The Motley Fool

MARCH 13, 2024

There are still great values on the market today despite the rising market and high multiples many tech stocks are trading for. But investors looking for value may need to look for companies with little to no hype behind them. In this video, Travis Hoium covers three stocks that are great values and are very unloved by the market today. *Stock prices used were end-of-day prices of March 9, 2024.

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