Tue.Mar 26, 2024

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Visa and Mastercard Just Agreed to a $30 Billion Settlement. Here's How It Could Impact You

The Motley Fool

Image source: The Motley Fool/Getty Images If you've dined at a restaurant lately, you may have noticed that it cost you more to pay by credit card than in cash. That's because credit card companies charge merchants a fee for the convenience of accepting payments by credit card. And some merchants have adopted the practice of passing those fees onto consumers.

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Capstone: Middle Market Participants are Optimistic for a Recovery in 2024

Private Equity Professional

Capstone Partners has released its 2023 Middle Market M&A Valuations Index which shows that while equity markets largely shrugged off the rapid succession of interest rate hikes in 2023, middle market merger and acquisition valuations experienced downward pressure. According to Capstone, elevated transaction costs, uncertainty over projected cash flows, and a reserved private equity buyer… This content is for members only.

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1 Unstoppable Stock That Could Join Microsoft, Apple, Nvidia, Alphabet, Amazon, and Meta in the $1 Trillion Club

The Motley Fool

The advent of artificial intelligence (AI) last year caught many market watchers by surprise, particularly with how quickly it changed the paradigm among some of the world's most valuable companies. Apple ceded the top spot to Microsoft , which now rules the roost with a market cap of over $3 trillion. Nvidia moved quickly up the charts to assume the No. 3 spot behind Apple with a market cap of $2.3 trillion, spurred on by its gold-standard AI chips.

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New Mountain Sells ILC Dover to Ingersoll Rand

Private Equity Professional

Publicly traded Ingersoll Rand has agreed to acquire ILC Dover, a portfolio company of New Mountain Capital, for $2.3 billion in cash plus an earnout based on 2024 operating results. ILC Dover is a designer and manufacturer of flexible fabric and film protective products used in biopharmaceutical, pharmaceutical, medical device, and space applications.

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Why Is Bahrain Buying $2.2 Billion in Main Battle Tanks From General Dynamics?

The Motley Fool

Located in the Persian Gulf, offshore and roughly equidistant from both Saudi Arabia and Qatar, Bahrain (population 1.6 million) is a tiny island, approximately one-quarter the size of Rhode Island. And the most important detail from all of that is: Bahrain is an island. So why is Bahrain wanting to buy 50 main battle tanks from General Dynamics (NYSE: GD) ?

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Persistence Takes Neighbourly Private

Private Equity Professional

Persistence Capital Partners (PCP) has closed its take private of publicly traded Neighbourly Pharmacy, a network of independent pharmacies, for C$415 million plus an earnout of up to another $14 million of consideration. Neighbourly Pharmacy (TSX: NBLY) owns and operates a chain of retail pharmacies in Canada. According to the company, it is Canada’s largest… This content is for members only.

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Trinity Hunt Establishes Coker as New Platform

Private Equity Professional

Trinity Hunt Partners has acquired Coker Group, a provider of healthcare advisory services. Coker provides performance transformation, transaction advisory, and compliance consulting services to hospitals, physician groups, private equity-backed platforms, and other healthcare providers. Trinity Hunt will use Coker as a platform investment in the healthcare advisory services sector and will support the company through… This content is for members only.

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Meet the Widely Owned Cryptocurrency Cathie Wood Believes Can Skyrocket 5,855% by 2030

The Motley Fool

For more than a century, the average annual return for stocks has stood head-and-shoulder above the annualized returns for Treasury bonds, housing, gold, and oil. But over the past decade, cryptocurrencies have left equities in the dust. Roughly 10 years ago, the combined value of all digital currencies in existence was about $8.4 billion, according to data provided by CoinMarketCap.com.

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Are We Living in The Roaring 20s?

A Wealth of Common Sense

In March 2020, at the height of uncertainty at the outset of the pandemic, I wrote about what it took to get to the roaring 1920s. This chart sums it up nicely: Here’s what I wrote at the time: How many people at the time would have predicted during the war/pandemic/recession/depression years that the 1920s would be one of the most innovative, prosperous periods our country had ever seen?

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General Motors Is Already Up 22% In 2024. 1 Wall Street Analyst Thinks It'll Run Even Further

The Motley Fool

Near-term concerns about electric car sales are mounting. While the electric vehicle (EV) market in the U.S. is still growing, the pace of growth has slowed considerably due to higher interest rates, concerns about public charging, and increased consumer interest in gasoline-electric hybrid vehicles. With that backdrop, Mizuho Financial Group cut its ratings on several pure electric vehicle makers late Sunday.

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OneNotary Raises $5M in Series A Funding

FinSMEs

OneNotary, a San Francisco, CA-based online, on-demand notarization provider, closed a $5M Series A funding round. The round was led by Jackson Square Ventures, with participation from DocuSign Founder Tom Gonser, as well as existing investors DocuSign Ventures, GoodPaper Ventures, Digital Future, and The LegalTech Fund. The company intends to use the funds to accelerate […] The post OneNotary Raises $5M in Series A Funding appeared first on FinSMEs.

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5 of the Best Costco Deals for Seniors

The Motley Fool

Image source: Getty Images Is Costco good for retirees? It depends on your budget and your overall personal finances , but for most seniors, Costco can be a good place to shop. Costco offers low prices on everyday items like groceries and surprisingly good deals on higher-end "affordable luxuries." Whether you want to buy furniture, appliances, a new TV, or other big-ticket items, Costco can help people save money at every stage of life.

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Uzum Raises Over $100M in Funding

FinSMEs

Uzum, a Tashkent, Uzbekistan-based digital services ecosystem company, secured more than $100M in funding through a combination of a Series A funding and debt financing. The company secured over $50M in equity through a Series A funding round consisting wholly of primary investments. The round was led by FinSight Ventures, joined by Xanara Investment Management, a multifamily […] The post Uzum Raises Over $100M in Funding appeared first on FinSMEs.

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Where Will AMD Stock Be in 2030?

The Motley Fool

Fool.com contributor Parkev Tatevosian forecasts where AMD (NASDAQ: AMD) stock could be in 2030. *Stock prices used were the afternoon prices of March 23, 2024. The video was published on March 25, 2024. Should you invest $1,000 in Advanced Micro Devices right now? Before you buy stock in Advanced Micro Devices, 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 Advanced Micro Devices wasn’t one of them

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0G Receives an Investment From OKX Ventures

FinSMEs

0G, formerly known as Zero Gravity, a company that offers Data Availability (DA) and storage solutions, received an investment from OKX Ventures. The amount of the deal was not disclosed. The company intends to use the funds to expand operations and development efforts. Led by CEO Michael Heinrich, 0G Labs provides Data Availability (DA) and […] The post 0G Receives an Investment From OKX Ventures appeared first on FinSMEs.

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Forget Nvidia: These 2 "Magnificent Seven" Members Are Considerably Cheaper Artificial Intelligence (AI) Stocks

The Motley Fool

Over the last 30 years, no next-big-thing trend has changed the corporate landscape more than the advent of the internet. However, the arrival of the artificial intelligence (AI) revolution may give history a run for its money. In its simplest form, AI utilizes software and systems to oversee tasks that would normally be delegated to humans. The incorporation of machine learning , which allows software and systems to "learn" over time and become more proficient at their tasks, is what ultimately

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Popularium Raises $2M in Seed Funding

FinSMEs

Popolarium, a Los Angeles, CA-based games studio, raised $2M in Seed funding. The round was led by Palm Drive Capital, The Data Economics Company, Eden Chen investing via the a16z Scout Fund, Reverb Ventures and Dave Nemetz, Pareto, Exit Capital, The Society of Entertainment, Bryan Goldberg, Dan Black , Dhani Jones, and Avi Ben-Menahem. The company intends to use the funds to support the […] The post Popularium Raises $2M in Seed Funding appeared first on FinSMEs.

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Novo Nordisk and Nvidia Just Partnered on AI. Is the Stock a Buy?

The Motley Fool

On March 18, Novo Nordisk (NYSE: NVO) and Nvidia (NASDAQ: NVDA) announced a major new collaboration, an artificial intelligence (AI) project that's already making waves in biopharma. In short, Nvidia is going to be building the pharma company a brand-new piece of hardware that could help it realize its ambitions of highly targeted and efficient drug discovery.

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Activeloop Raises $11M in Series A Funding

FinSMEs

Activeloop, a Mountain View, CA-based provider of a database for AI, raised $11M in Series A funding. Backers included Streamlined Ventures, Y Combinator, Samsung Next, Alumni Ventures, and Dispersion Capital. The round brings Activeloop’s total funding to about $20M. The company intends to use the funds to enable the onboarding of further enterprise customers, empowering […] The post Activeloop Raises $11M in Series A Funding appeared first on FinSMEs.

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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

The Motley Fool

This hasn't been a good year so far for Cathie Wood. The Ark Invest co-founder and CEO has seen many of her favorite stocks slide in an otherwise ascending market. Though 2024 has gotten off to a strong start for most growth investors, Ark Invest's largest exchange-traded fund (ETF) is trading 4% lower year to date. Some of her top holdings are faring even worse.

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Picogrid Raises $12M in Seed Funding

FinSMEs

Picogrid, an El Segundo, CA-based defense technology startup, raised $12M in Seed funding. The round was led by Initialized Capital with participation from Starburst Ventures, Credo Ventures, Giant Step Capital, Domino Ventures, and Alumni Ventures. The company intends to use the funds to expand operations and its business reach. Led by Zane Mountcastle and Martin Slosarikbegan, Picogrid […] The post Picogrid Raises $12M in Seed Funding appeared first on FinSMEs.

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Best Stock to Buy Right Now: Roku vs Netflix

The Motley Fool

If you're investing in the digital future of media and entertainment, both Netflix (NASDAQ: NFLX) and Roku (NASDAQ: ROKU) must have crossed your radar a few times. After dominating the video rental industry with its innovative DVD-mailer service, Netflix kick-started the digital media-streaming replacement. After proving to a skeptical industry that online video services could be a real and profitable business, one could argue that Netflix created the streaming industry largely on its own.

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ZayZoon Raises $15M in Series B Extension

FinSMEs

ZayZoon, a Phoenix, AZ-based earned Wage access (EWA) provider for small and mid-sized businesses, raised $15M in Series B extension funding. The round, which brought the total amount to $49.5M, was led by Viola Fintech with participation from Intuit Ventures and existing investors Framework Venture Partners, and Export Development Canada (EDC). The company intends to use the funds to support its […] The post ZayZoon Raises $15M in Series B Extension appeared first on FinSMEs.

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Why Is Poland Buying $3.5 Billion in Missiles From RTX and Lockheed Martin?

The Motley Fool

Russia's 2022 invasion of Ukraine, which continues to this day, has made a lot of European countries nervous that they might be next -- and none more so than Poland. Since Russian tanks first rolled across the Ukrainian border, Poland has spent tens of billions of dollars shoring up its defenses -- $6 billion to buy 250 main battle tanks from General Dynamics (NYSE: GD) , another $10 billion for HIMARS rocket launchers from Lockheed Martin (NYSE: LMT) , and a further $12 billion to buy 96 Apache

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Viam Raises $45M in Series B Funding

FinSMEs

Viam, a NYC-based software platform for smart machines, raised $45M in Series B funding. Backers included Union Square Ventures and Battery Ventures. The company, which has raised $87m in total funding, intends to use the funds to continue accelerating enterprise partnerships, driving commercial innovation, and making further developments into the software platform.

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Viking Therapeutics: Buy, Sell, or Hold?

The Motley Fool

When it comes to rising stars in biotech, Viking Therapeutics (NASDAQ: VKTX) should probably be one of the first businesses to come to mind today. The company doesn't yet have any sales revenue, but its pipeline of metabolic disease drugs has more than one highly promising project in the works, and investors likely won't need to wait years and years for those projects to (potentially) be commercialized.

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Fieldguide Raises $30M in Series B Funding

FinSMEs

Fieldguide, a San Francisco, CA-based AI platform for advisory and audit services, raised $30m in Series B funding. The round was led by Bessemer Venture Partners, with participation from 8VC, and AI and SaaS company CEOs. The company intends to use the funds for: Led by Jin Chang, CEO, and Chris Szymansky, CTO, Fieldguide provides […] The post Fieldguide Raises $30M in Series B Funding appeared first on FinSMEs.

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Could Micron Technology Become the Next Nvidia?

The Motley Fool

Nvidia (NASDAQ: NVDA) has been one of the market's hottest chip stocks. The chipmaker was originally known for making gaming GPUs, but the rapid expansion of the artificial intelligence (AI) market over the past few years drove more companies to purchase its high-end data center GPUs to process complex AI tasks. Nvidia's rally of more than 2,000% over the past five years boosted its market cap to $2.4 trillion and minted a lot of millionaires.

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OpenPipe Raises $6.7M in Seed Funding

FinSMEs

OpenPipe, a Seattle, WA-based tool that lets developers create their own application-specific Large Language Models (LLMs), closed a $6.7m seed funding round. The round was led by Costanoa Ventures, with participation from Y Combinator and prominent angel investors, including Logan Kilpatrick, former head of developer relations at OpenAI, Alex Graveley, creator of GitHub Copilot, and […] The post OpenPipe Raises $6.7M in Seed Funding appeared first on FinSMEs.

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Why United Parcel Service Stock Is Sputtering Today

The Motley Fool

United Parcel Service (NYSE: UPS) has exciting long-term targets, but the near term isn't looking so bright. Investors are focused on what is right around the corner, sending UPS shares down nearly 8% as of 1:30 p.m. ET. Speed bumps up ahead Investors went into UPS' annual investor day with high hopes and the company delivered some eye-catching forecasts.

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Tensorplex Labs Raises $3M in Seed Funding

FinSMEs

Tensorplex Labs, a Web3 and artificial intelligence (AI) startup, raised $3m in seed funding. The round was led by Canonical Crypto and Collab+Currency with participation from Digital Currency Group, Quantstamp and Amber Group. The company intends to use the funds to expand the infrastructure for decentralized AI networks. Tensorplex Labs is building foundational railways for […] The post Tensorplex Labs Raises $3M in Seed Funding appeared first on FinSMEs.

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3 Social Security Rules You Must Know Before Claiming Benefits

The Motley Fool

If you're gearing up to claim Social Security, you may be excited to finally get some money out of the program you've been paying into all of your life. But it's important to have a good understanding of how Social Security works before signing up to get benefits. With that in mind, here are three basic rules you should commit to memory before putting in your claim. 1.

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tymt™ – A Game Launcher Transforming Gaming Experiences

FinSMEs

Sollefteå, Sweden, December 20th, 2023, Chainwire The Gaming Landscape: An Ongoing Struggle Gaming, an essential part of global culture, connects over a billion people worldwide through entertainment, escape, and social interaction. However, within this vast realm of gaming platforms and titles, a perpetual battle for dominance, revenue, and player engagement persists.

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1 Magnificent S&P 500 Dividend Stock That's Down 63% and Trading at a Once-in-a-Decade Valuation

The Motley Fool

Trading at a lofty average price-to-earnings (P/E) ratio of 50 during the past decade, MarketAxess (NASDAQ: MKTX) and its electronic bond trading platform is a perfect example of a stock I loved but couldn't stomach buying in large quantities. With less than 40% of the U.S. corporate bond market electronically traded, MarketAxess' leadership position in its burgeoning niche made it seem like a no-brainer investment.