Sat.Apr 06, 2024

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Nvidia Just Bought 5 Artificial Intelligence (AI) Stocks, and 1 Is Up 142% Already

The Motley Fool

Nvidia (NASDAQ: NVDA) was a $360 billion company at the beginning of 2023. It has added $1.8 trillion in value since then, and it's now the third-largest company in the world behind only Apple and Microsoft. The heightened interest in artificial intelligence (AI) is the primary driver of that value creation. Nvidia makes the industry's most powerful graphics processing units (GPUs) for data centers, which developers use to build, train, and deploy their AI models.

Stakes 246
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Lumana Raises $24M in Seed Funding

FinSMEs

Lumana, a Los Gatos, CA-based provider of a video security platform, raised $24M in Seed funding. Backers included Norwest and S Capital. The company intends to use the funds to expand operations and its development efforts. Led by CEO Sagi Ben Moshe, Lumana provides organizations with a video security platform that leverages artificial intelligence (AI) […] The post Lumana Raises $24M in Seed Funding appeared first on FinSMEs.

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4 Glorious Growth Stocks You'll Regret Not Buying in the New Nasdaq Bull Market

The Motley Fool

Dealing with ups and downs is part of being an investor on Wall Street. Since this decade began, all three major stock indexes have traded off bear and bull markets in successive years. This volatility has been especially noteworthy for the growth-driven Nasdaq Composite (NASDAQINDEX: ^IXIC) , which shed 33% of its value during the 2022 bear market, but has catapulted higher by 53% since the start of 2023.

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Storiaverse Raises $2.5M in Pre-Seed Funding

FinSMEs

Storiaverse, a Los Angeles, CA-based provider of a mobile entertainment platform that enhances the reading experience for digital native adults, raised $2.5m in pre-seed funding. The round was led by 500 Global. Co-founded by serial tech entrepreneurs David Kierzkowski (CEO) and Agnes Kozera (Chief Content Officer), Storiaverse provides a mobile entertainment platform connecting writers and animators […] The post Storiaverse Raises $2.5M in Pre-Seed Funding appeared first on FinSMEs.

Funds 108
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Here's Why Building an Emergency Fund Could Be Your Ticket to a Secure Retirement

The Motley Fool

My friend Bob (not his real name, sorry) tapped his IRA earlier this year to make some repairs around the house he'd been putting off for a while. And the reason he kept delaying those repairs until he no longer could was that he didn't have the money -- at least not in the bank. Bob's been contributing to an IRA for about a decade. But while he's been pretty diligent in contributing to his retirement plan , he's been neglecting his near-term savings.

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Innoviti Raises Rs. 40 Crores in First Close of Series E Funding

FinSMEs

Innoviti, a Bengaluru, India-based provider of a payments-centric retail SaaS platform, raised Rs. 40 Crores in first close of Series E funding. The round was led by Bessemer Venture Partners, Patni Family Office and others. The company intends to use the funds to drive its mid-market expansion. Innoviti provides payments-centric retail SaaS tools to enterprise […] The post Innoviti Raises Rs. 40 Crores in First Close of Series E Funding appeared first on FinSMEs.

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CrashBay Raises $1.25M in Funding

FinSMEs

CrashBay, a Toronto, Canada-based digital marketplace providing collision repair solutions, raised $1.25M in funding. The round was led by Markd, with participation from other collision and insurance industry investors. The company intends to use the funds to accelerate product development efforts, ramp up customer acquisition strategies, and expand essential services, solidifying its position as the […] The post CrashBay Raises $1.25M in Funding appeared first on FinSMEs.

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Here's What Happens if You Take Out a Personal Loan You Can't Afford

The Motley Fool

Image source: The Motley Fool/Unsplash If you need to borrow money for a big purchase, a personal loan is one option. You can typically get a personal loan to pay for almost anything you want, and they come with an average interest rate of 12.35%. So you're likely to be charged a lower rate to borrow than if you used a credit card. Before you take a personal loan, though, you'll want to be absolutely certain you can easily afford the payments.

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SingleInterface Raises US$30M in First Funding

FinSMEs

SingleInterface, a Gurgaon, India-based provider of hyperlocal marketing-to-commerce software, raised US$30m in first funding. Asia Partners led the round with participation from PayPal Ventures, the global corporate venture arm of PayPal. The company intends to use the funds to further consolidate its leadership position in its category in Asia, to extend its reach worldwide, and […] The post SingleInterface Raises US$30M in First Funding appeared first on FinSMEs.

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The Ultimate Cryptocurrency to Buy With $1,000

The Motley Fool

If you haven't been keeping tabs on the cryptocurrency market, you might be shocked to see many coins trading at or near all-time highs. After a brutal crypto winter, the market is once again preparing for a bull run in typical cyclical fashion. However, not all cryptocurrencies have benefited equally from the market's resurgence. As it stands, Ethereum (CRYPTO: ETH) remains more than 20% off its all-time high, presenting a compelling opportunity for investors.

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Aligned Marketplace Raises $8M in Seed Funding

FinSMEs

Aligned Marketplace, a Park City, UT-based provider of a membership to a national network of value-based advanced primary care for employers, raised $8m in seed funding. The round was led by A* Capital and Maverick Ventures, with participation from Box Group, EPIC Ventures, Liquid2 Ventures, SV Angel, and other angel operators. Founded in 2023 by Patrick Nelli, Crystale Dunn […] The post Aligned Marketplace Raises $8M in Seed Funding appeared first on FinSMEs.

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Just Announced: Amazon to Replace "Just Walk Out" Technology in Amazon Fresh Stores. 3 Things Investors Should Know About the Change

The Motley Fool

In February 2020, tech giant Amazon (NASDAQ: AMZN) tried a bold new idea: It opened up a grocery store without any cashiers. The company's technology allowed shoppers to just walk in and walk out without paying. But sensors and cameras monitored shoppers and billed their Amazon accounts afterwards. Amazon called its innovation "Just Walk Out" and many thought it could completely disrupt retail shopping forever.

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Splash Raises $4.5M in Pre-Seed Funding

FinSMEs

Splash, a San Diego, CA-based startup aiming to transform the pool service industry, closed a $4.5m pre-seed funding round. The round was led by Asymmetric Capital Partners, with participation from Sam Lessin, Kaz Nejatian, Austen Allred, Andrew Wilkinson, Tiny.com, Rahul Vohra, Oren Zaslansky, David Hauser, Dan Bomze, and Sander Daniels, among others.

Funds 62
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Is It Smart to Buy Stocks With the S&P 500 at an All-Time High? History Offers a Clear Answer

The Motley Fool

Investing when the stock market is trading at or near an all-time high can be scary. Investors who have been sitting on the sidelines amid the current bull market may feel regret for not having invested earlier. Meanwhile, those with a lot of money in stocks may feel like the bull run is closer to the end than the beginning. After all, every bear market has to start just after stocks reach a new all-time high.

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The former rugby lawyer shaking up the world of private credit

Financial Times M&A

Paul Weightman cut his teeth persuading players to join a breakaway Australian rugby league in the 1990s

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Spousal Social Security: 3 Rules All Married Couples Need to Know Before Retirement

The Motley Fool

There are many factors that will affect your Social Security benefits, including your age, earnings history, and the length of your career. But your marital status will also have an impact on your payments, potentially boosting your benefits by hundreds of dollars per month. To maximize your monthly checks, though, it's important to know the ins and outs of spousal Social Security.

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KKR to Present at the Bank of America Securities Financial Services Conference 2024

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the Bank of America Securities Financial Services Conference 2024 on Wednesday, February 21, 2024 at 10:30AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For.

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History Says the Nasdaq Will Soar This Year: My Top Artificial Intelligence (AI) Growth Stocks to Buy Before It Does

The Motley Fool

The Nasdaq Composite index has had a great year so far, and we're only a few months into 2024. Technology stocks, which dominate the index, are roaring higher as investors favor growth and innovation such as artificial intelligence (AI) stocks, chip designers, and cloud computing players. This has pushed the index to a record high, confirming that it's reached bull territory.

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KKR’s Henry McVey Says Leading Family Offices Plan to Allocate More to Alternatives in 2024

KKR

New Asset Allocation Report Based on Proprietary Survey Highlights the Growth Ambitions of Family Offices NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released “Loud and Clear,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA). Based on a proprietary survey of more than 75 Chief Investment Officers.

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Is Palantir Technologies Stock a Buy Now?

The Motley Fool

Share prices of Palantir Technologies (NYSE: PLTR) fell more than 6% after the high-flying software platforms provider received an analyst downgrade. Analyst Brian White of brokerage Monness, Crespi, Hardt & Co. downgraded the stock to sell from neutral, predicting that it could get a reality check following its impressive surge in the past year.

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KKR Leads Financing for Clarience Technologies’ Acquisition of Safe Fleet

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that it served as Lead Arranger, Administrative Agent, and investor on a debt financing for Clarience Technologies’ Acquisition of Safe Fleet. KKR invested in the transaction through its credit vehicles and accounts. KKR Capital Markets acted as Left Lead Arranger and Joint Bookrunner on the transaction.

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Intel's Stock Price Just Plunged. Is Now the Time to Invest?

The Motley Fool

Intel (NASDAQ: INTC) had its big coming-out party on Tuesday, but the chip stock didn't get the reception it expected. The company recast its financials to reflect that it sees its foundry as much more central to its business. However, investors were disappointed by the actual numbers, and share prices fell 8% on the news. Intel's restated financials showed that its foundry division had a $7 billion operating loss in 2023, which followed losses of $5.2 billion in 2022 and $5.1 billion in 2021.

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KKR to Acquire Broadcom’s End-User Computing Division

KKR

MENLO PARK, Calif.--(BUSINESS WIRE)-- KKR today announced the signing of a definitive agreement with Broadcom Inc. (NASDAQ: AVGO) to acquire its End-User Computing Division (the “EUC Division”) in a transaction valued at approximately $4 billion. Upon closing of the transaction, the EUC Division will become a standalone company, with greater access to growth capital and a dedicated strategic.

Capital 40
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If You Like Vanguard's Largest Growth Fund, Then You'll Love These Two ETFs

The Motley Fool

Exchange-traded funds (ETFs) can be excellent tools for achieving diversification or gaining exposure to a particular theme or industry. Chock-full of big tech-orientated companies, the Vanguard Growth ETF (NYSEMKT: VUG) is up a staggering 37.4% over the past year and is hovering around an all-time high. The massive fund has over $220 billion in net assets and continues to outperform the S&P 500 and the Nasdaq Composite.

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KKR Appoints Ruchir Swarup as Chief Information Officer

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced the appointment of Ruchir Swarup as a Partner and Chief Information Officer, effective immediately. In this role, Mr. Swarup will be responsible for driving KKR’s technology strategy and vision. Based in New York, Mr. Swarup will lead the firm’s efforts to embrace new technologies and scale existing technology to create efficiencies and reduce.

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Here Is My Top Artificial Intelligence Stock to Buy Right Now

The Motley Fool

Admittedly, ASML (NASDAQ: ASML) may seem too low profile to become a top artificial intelligence (AI) pick. As an equipment supplier, only fab companies deal with it directly. As a result, it is lesser known, even billing itself as the "most important tech company you have never heard of." However, the stock appears to have become more critical amid the rise of AI.

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HarbourView Equity Partners Secures Close to $500 Million in Debt Financing from KKR and Other Investors to Expand Music Investment Opportunities

KKR

NEWARK, N.J.--(BUSINESS WIRE)--HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties.

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Apple Winds Down Spending in 1 Key Area Where Meta Has Been Surprisingly Transparent

The Motley Fool

The release of the hotly anticipated Vision Pro from Apple (NASDAQ: AAPL) -- the headset that does virtual reality (VR) things, but which Apple calls a "spatial computing" device -- is not providing the lift some investors had hoped for. Instead, Apple has found itself embroiled in some of the same regulatory issues as its megatech peers. After hitting it with a $2 billion fine, the European Commission is further investigating the iPhone company for other anticompetitive practices.

Returns 243
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KKR to invest in Encavis AG to accelerate the Company’s long-term growth

KKR

KKR announces the signing of an Investment Agreement with Encavis as part of a takeover offer. The Management Board and the Supervisory Board of Encavis are fully supportive of the strategic partnership and intend to recommend that all shareholders accept the offer.

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Snowflake's New CEO Buys $5 Million in Stock: Should Investors Buy Too?

The Motley Fool

There's a saying about insider stock trading activity: Executives sell for many reasons, but there's only one reason to buy. With that in mind, Snowflake (NYSE: SNOW) 's new CEO, Sridhar Ramaswamy, made headlines after disclosing a $5 million purchase of company stock. There's much to like about the data lake and analytics company, which is also a holding in Berkshire Hathaway 's portfolio.

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KKR to support Ottobock with capital solution

KKR

London and Frankfurt, 15 March, 2024 – KKR, a leading global investment firm, announces today that a consortium of investors, co-led by KKR, has agreed to provide a €1.1 billion financing solution to support the future growth of Ottobock (the “Company”), a global market leader in prosthetics. The financing will also support existing majority shareholder Professor Hans Georg Näder and the Näder Family’s buy back of EQT’s shareholding in the business.

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Could SoundHound AI Become the Next Nvidia?

The Motley Fool

SoundHound AI (NASDAQ: SOUN) has become a popular artificial intelligence (AI) stock for several reasons. It trades for around $5, making it accessible to many. Nvidia (NASDAQ: NVDA) has invested in it. It's a very small company (market cap of $1.6 billion), so it has plenty of room to grow to become a larger one. With those thoughts in mind, many investors wonder if SoundHound could become the next Nvidia.

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KKR Invests in Avantus to Support Renewable Energy Deployment in the United States

KKR

Transaction Marks First U.S. Investment from KKR’s Global Climate Strategy NEW YORK--(BUSINESS WIRE)-- Today, KKR, a leading global investment firm, announced the signing of a definitive agreement pursuant to which investment funds and accounts managed by KKR agreed to acquire a majority stake in Avantus, a premier U.S. developer of large utility-scale solar and solar-plus-storage projects.

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Could The Trade Desk Become the Next Alphabet?

The Motley Fool

Alphabet 's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google is often considered the 800-pound gorilla of the advertising market. The tech giant owns the world's largest search engine, the most popular streaming video platform, and a massive ad network that extends its reach beyond its core websites. A whopping 39% of all digital advertising spending worldwide flows to Google's ecosystem, according to Statista.