Wed.Mar 20, 2024

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Chipotle Announces 50-for-1 Stock Split. Here's What Investors Need to Know.

The Motley Fool

There's no denying that Chipotle (NYSE: CMG) is one of the most widely recognized companies in the world. Last year, the burrito purveyor even made the Time 100 list of Most Influential Companies for "helping farmers switch to organic produce, using renewable energy, composting, and directly tying executive bonuses to ESG goals." The company was also cited for its savvy approach to social media.

Investors 246
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Quilt Raises $2.5M in Seed Funding

FinSMEs

Quilt, a San Francisco, CA-based developer of AI assistants for solutions teams, raised $2.5m in seed funding. The round was led by Sequoia Capital. The company intends to use the funds to expand operations, its business reach, as well as its development efforts. Led by Daniel Chen, CEO, Quilt provides core products that are AI-powered assistants […] The post Quilt Raises $2.5M in Seed Funding appeared first on FinSMEs.

Funds 113
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3 No-Brainer Stocks to Buy With $200 Right Now

The Motley Fool

One of the few guarantees Wall Street offers investors is short-term volatility. Since this decade began, the widely followed Dow Jones Industrial Average , broad-based S&P 500 , and growth stock-powered Nasdaq Composite have traded off bear and bull markets in successive years. However, patience has a way of paying off on Wall Street. Since every correction and bear market throughout history has eventually given way to a resounding bull market, it's always an opportune time to put your mone

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AirMyne Raises $6.9M in Seed Funding

FinSMEs

AirMyne, a Berkeley, CA-based greentech startup, raised $6.9M in Seed funding. Backers included Y Combinator, Alumni Ventures, Liquid 2 Ventures, EMLES, Impact Science Ventures, Another Brain, Soma Capital, and Wayfinder. The company intends to use the funds to expand operations and its development efforts. Led by CEO Sudip Mukhopadhyay and Mark Cyffka, AirMyne is a […] The post AirMyne Raises $6.9M in Seed Funding appeared first on FinSMEs.

Funds 112
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Chevron Is Following Leaders ExxonMobil and Occidental Petroleum to Capture This $5 Trillion Potential Opportunity

The Motley Fool

Carbon capture and storage (CCS) could become a vital solution to helping reduce carbon emissions. This means it has the potential to be a massive commercial opportunity. ExxonMobil (NYSE: XOM) sees CCS growing into a $4 trillion global market by 2050, while Occidental Petroleum (NYSE: OXY) believes it could become a $3 trillion to $5 trillion global industry.

Returns 246
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Flosonics Medical Raises $20M USD in Series C Funding

FinSMEs

Flosonics Medical, a Sudbury, Ontario, Canada-based wearable medical ultrasound company, raised $20M USD in Series C funding. The round was led by New Leaf Venture Partners, with participation from previous investors Arboretum Ventures, Genesys Capital, and iGan Partners. Vijay Lathi, an experienced MedTech investor with a focus on data convergence and guiding growth-stage companies, will […] The post Flosonics Medical Raises $20M USD in Series C Funding appeared first on FinSMEs.

Funds 112

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Blue Laser Fusion Closes $37.5M Seed Funding Round

FinSMEs

Blue Laser Fusion Inc., a Palo Alto, CA-based inertial fusion company, closed its $37.5m Seed funding round. Backers included SoftBank Corp., Yusaku Maezawa through the Maezawa Fund, and Itochu Corporation, which joined JAFCO Group Co., Ltd., SPARX Group Co., Ltd (Mirai Creation Fund III), and Waseda University Ventures. Founded in 2022 by Shuji Nakamura, Ph.D, […] The post Blue Laser Fusion Closes $37.5M Seed Funding Round appeared first on FinSMEs.

Funds 109
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3 Artificial Intelligence (AI) Stocks to Buy With $1,150 and Hold for Decades

The Motley Fool

Artificial intelligence (AI) is a big deal today, primarily because the stock market looks ahead. It can see the long-term potential a new technology like AI has to change our world. According to Grand View Research, the global AI market was $200 billion last year and will grow nearly 40% annually through 2030. Now is the time to place your long-term bets, choosing the top AI companies that have the potential to outperform both competitors and the broader stock market over the coming years.

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Buzz Solutions Raises $5M in Funding

FinSMEs

Buzz Solutions, a Palo Alto, CA-based AI company that inspects and protects critical energy infrastructure, raised $5M in funding. The round was led by GoPoint Ventures with participation from Blackhorn Ventures and MaC Venture Capital. The company intends to use the funds to fund its next growth phase and expansion into new use cases associated with inspecting and […] The post Buzz Solutions Raises $5M in Funding appeared first on FinSMEs.

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High-Yield British American Tobacco Could Be on the Verge of a Cash Windfall. Time to Buy the Stock?

The Motley Fool

The big attraction for investors when it comes to British American Tobacco (NYSE: BTI) is its massive 9.8% dividend yield. Although that's an alluring figure for anyone trying to maximize their portfolio's income, yields that high usually come with some risk. That's true here, too, but British American Tobacco is successfully working to move past its biggest risk.

Stakes 246
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Arrow Risk Management Raises £2M in Funding

FinSMEs

Arrow Risk Management, a London, UK-based provider of a managing general agency (MGA) underwriting platform, raised £2M in funding. The round was led by ACF Investors and a range of EIS investors. The company intends to use the funds to further enhance its expansion plans and develop its underwriting platform. Led by CEO Jon Godfray, […] The post Arrow Risk Management Raises £2M in Funding appeared first on FinSMEs.

Funds 108
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3 Tech Stocks With More Potential Than Any Cryptocurrency

The Motley Fool

Many of the market's top cryptocurrencies surged over the past 12 months. Bitcoin 's (CRYPTO: BTC) price rose more than 180% as the first spot price exchange-traded funds (ETFs) were approved and investors looked toward the next "halving" which will cut the rewards for Bitcoin mining in half this April. Ethereum 's (CRYPTO: ETH) price has also jumped nearly 130% as the Ethereum Network's big Dencun upgrade and hopes for fresh ETF approvals brought back the bulls.

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Mermaid Chart Raises $7.5M in Seed Funding

FinSMEs

Mermaid Chart, a San Francisco, CA-based company offering text-based diagramming and workflow management tools, raised $7.5M in Seed funding. The round saw participation from Microsoft’s M12, Sequoia Capital, Open Core Ventures (Sid Sibrandij, CEO, GitLab), Streamlined Ventures, Good Friends Capital (Dave Gilboa, Co-Founder and Co-CEO, Warby Parker), V1 VC (Benny Joseph, Chief Technology, Allbirds), Irregular Expressions, Firebrand VC, Elefund, Anorak Ventures, Gaingels, Mana Ventures, and

Funds 106
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5 Reasons for Seniors to Get a Costco Membership

The Motley Fool

Image source: Getty Images Many people decide to join Costco when their families start to grow and they're feeding perpetually hungry kids. As a senior, you may not be in the same boat. If you have kids, perhaps they left the nest years ago, and you're now living solo or with a partner. But that doesn't mean you can't benefit from a Costco membership.

Companies 246
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From LA to Riyadh: Outer Edge Web3 Innovation Summit debuts in Saudi Arabia in partnership with Animoca Brands and KACST

FinSMEs

Riyadh, KSA, March 20th, 2024, FinanceWire Outer Edge, Animoca Brands and King Abdulaziz City for Science and Technology (KACST) present Summit on 23 April to highlight advances in Web3 and gaming ecosystem development in Saudi Arabia Outer Edge, one of the pioneer events in the world of Web3, tech, culture, and entertainment, today announced a […] The post From LA to Riyadh: Outer Edge Web3 Innovation Summit debuts in Saudi Arabia in partnership with Animoca Brands and KACST appeared firs

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Great News for Tesla Stock Investors!

The Motley Fool

Fool.com contributor Parkev Tatevosian discusses what the latest move from Tesla (NASDAQ: TSLA) could mean for investors. *Stock prices used were the afternoon prices of March 18, 2024. The video was published on March 20, 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 stoc

Investors 246
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Solaris Raises €96M in Funding

FinSMEs

Solaris, a Berlin, Germany-based provider of an embedded finance platform, raised €96M in funding. The round was led by SBI Group and other existing investors. The company intends to use the funds to onboard the ADAC (Allgemeiner Deutscher Automobil-Club) credit card program, strengthen its core capital and invest in its platform. Founded in 2015 and […] The post Solaris Raises €96M in Funding appeared first on FinSMEs.

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2 Incredible Growth Stocks to Buy Right Now

The Motley Fool

Biotech stocks are susceptible to changes in interest rates, primarily due to the high costs associated with product development. In fact, recent studies show that the average cost of developing a new drug stands at a staggering $2.3 billion. To manage these substantial costs, biotech companies often turn to loans as a crucial part of their financing strategy.

Buyout 246
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Comvest Partners closes sixth PE fund 

Private Equity Wire

Middle-market private equity and credit investment firm Comvest Partners has closed its sixth flagship private equity fund, Comvest Investment Partners VI (CIP VI), with total capital commitments of $881m. CIP VI attracted commitments from foundations, insurance companies, pension funds, asset managers, consultants and family offices. According to a press release, CIP VI — as with the firm’s predecessor funds — pursues control investments in middle-market companies in North America, seeking to

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Why Crypto Mining Stocks Surged on Wednesday

The Motley Fool

Buoyed by several pieces of good news individually and optimism about cryptocurrencies generally, crypto mining companies had a fine Wednesday on the stock exchange. Many of them closed the day well higher in price. Cleanspark (NASDAQ: CLSK) surged to a gain of almost 23%, while Marathon Digital Holdings (NASDAQ: MARA) wasn't far behind with a 16% increase.

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Carlyle closing in on deal for $1.5bn Thyssen unit

Private Equity Wire

Global private equity firm Carlyle Group is closing in on a deal to acquire a majority stake in Thyssenkrupp’s Marine Systems business at a value of about €1.5bn ($1.6bn) including debt, according to a report by Bloomberg. The report cites unnamed sources familiar with the matter as confirming that talks are progressing and that advanced discussions on terms of the proposed acquisition could begin as early as this week.

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10 Amazing Costco Buys for Under $20

The Motley Fool

Image source: Upsplash/The Motley Fool Given its $60 annual membership fee, Costco has to have some great deals to make financial sense -- and it does. Some of those deals are limited-time sales and promotions. But many of the most amazing Costco buys aren't sales; they're everyday essentials. Specifically, they're Kirkland Signature essentials. Costco's house brand is more than just name-brand knock-offs.

Banks 246
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Deal Roundup: Sycamore said to eye Gildan buyout, Cato Networks eyes IPO

AltAssets

Private equity firm Sycamore Partners is reportedly exploring an offer for Canadian clothing maker Gildan, which has put itself up for sale. The company had a market capitalisation of C$7.72bn ($5.69bn) ahead of a trading halt yesterday, when the company’s share price jumped more than 10%. Bloomberg reported the Sycamore interest, while Gildan itself has […] The post Deal Roundup: Sycamore said to eye Gildan buyout, Cato Networks eyes IPO first appeared on AltAssets Private Equity Ne

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Should You Buy AT&T While It's Below $20?

The Motley Fool

Telecom giant AT&T (NYSE: T) has seemingly hung around the $20 mark for years. Today, shares are trading hands at $17. The stock has underperformed the S&P 500 due to a bloated balance sheet and lack of earnings growth. However, things could finally be looking up. AT&T is slimming down and focusing on what it does best: telecommunications.

Debt 246
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B Capital closes latest opportunities fund 

Private Equity Wire

Global multi-stage investment firm B Capital has closed its later-stage venture investments vehicle Opportunities Fund II with capital commitments of $750m, nearly doubling the size of its predecessor B Capital Opportunities Fund I. Fund II, which attracted commitments from private and public pensions, family offices, high-net worth individuals and sovereign wealth funds, will make primary and secondary investments in companies across technology, healthcare and climate tech, with a focus on Nor

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Here's What Happens if the Social Security Administration Overpays You

The Motley Fool

Most people would be thrilled to get a larger-than-average Social Security check, but if it's due to a clerical error, it could be the beginning of a financial headache. You might be tempted to keep the extra money for yourself, but the Social Security Administration will almost certainly come looking for what it's owed. What happens next depends on several factors, including your financial situation and whether you already receive Social Security benefits or Supplemental Security Income (SSI).

Banks 246
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Kester Capital closes oversubscribed fund III at £200m hard cap

Private Equity Wire

Kester Capital, a UK lower mid-market private equity firm, has held the final close of its latest fund, Kester Capital III, which was oversubscribed, at its hard cap of £200m, significantly in excess of its original £150m target. In line with Kester Capital II, the strategy for the fund remains focused on investing in primary buyouts in the healthcare and technology sectors.

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Want Decades of Passive Income? 4 Stocks to Buy Now

The Motley Fool

Energy and industrial companies drive the global economy. Many of the simplest products and services you enjoy require massive factories and energy to produce enough supply to meet the demands of the global population, which has grown past 8 billion people today. The ups and downs of the economy can pose a risk to energy and industrial stocks, but some are diversified and well-managed enough to navigate that adversity.

Debt 246
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Credit, real assets investor Silver Creek Capital looks to boost LP relationships with ex-Investcorp hire

AltAssets

Boutique alternative investor Silver Creek Capital Management has brought in former Investcorp capital raiser Michael Callahan to expand its own institutional investor relationships. The post Credit, real assets investor Silver Creek Capital looks to boost LP relationships with ex-Investcorp hire first appeared on AltAssets Private Equity News.

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Where Will AMD Stock Be in 3 Years?

The Motley Fool

The proliferation of artificial intelligence (AI) has given many stocks a big lift in the past year, and the technology is still in its early phases and is expected to grow rapidly in the long run. In 2024, for instance, the spending on generative AI applications is predicted to double, according to market research firm IDC. And generative AI spending is forecast to increase 86% annually through 2027.

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Barings sues Corinthia Global Management and pauses private credit investment

Private Equity Wire

Investment manager Barings has filed a lawsuit against Corinthia Global Management and former employees Ian Fowler and Kelsey Tucker after the Nomura Holdings-backed private credit asset manager recruited over 20 employees from Barings in recent years, according to a report by Bloomberg. The lawsuit alleges Fowler and Tucker misused confidential information for the recruitment of Barings employees to Corinthia, describing the lift as “one of the largest corporate raids at an asset manager in yea

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History Says You'll Regret Buying Nvidia Stock

The Motley Fool

There's a shortage of high-powered chips capable of training and running advanced artificial intelligence (AI) models. Mega-tech companies are battling each other for AI supremacy, scooping up boatloads of Nvidia 's (NASDAQ: NVDA) data center GPUs along the way, and AI start-ups with rocketing valuations are multiplying. There's little question that AI is a revolutionary technology.

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Summit names international IR head to partner amid new promotions

AltAssets

Summit Partners has named its head of international investor relations Yoon Lee to partner, seven years after she joined the firm. The post Summit names international IR head to partner amid new promotions first appeared on AltAssets Private Equity News.

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Beyond Nvidia: Why Lam Research, Oracle, and Micron Technology Are Prime AI Investments in 2024

The Motley Fool

While Nvidia (NASDAQ: NVDA) might be the poster child for the business side of artificial intelligence (AI), the true depth of this technological revolution lies in its vast ecosystem. In this arena, many players contribute to AI's expanding horizon from very different angles. Three seasoned Motley Fool contributors have spotted opportunities that venture beyond Nvidia's glamorous, but perhaps overpriced, AI success.

Investing 245