Wed.Apr 10, 2024

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Could Walmart Stock Be Worth $1 Trillion by 2030?

The Motley Fool

Big-box retailer Walmart (NYSE: WMT) is worth close to a $500 billion valuation right now. It's one of the most valuable companies in the world, and it's still eyeing a lot more growth in the future. While it may seem like the already-large retailer may be running out of room to grow, that couldn't be further from the truth. The big question, however, is whether it can make for a top-growth stock and potentially double in value by 2030.

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Sortium Raises $4M+ Funding Round

FinSMEs

Sortium, a Miami, FL-based company combining generative AI with gaming, raised $4M+ in funding. The round was led by Signum Growth, with participation form Cathie Wood’s ARK Investment Management LLC, IDG Blockchain, IVC Fund, Polygon, and 1881 S Group AG. The company intends to use the funds to expand operations and development efforts. Sortium is […] The post Sortium Raises $4M+ Funding Round appeared first on FinSMEs.

Funds 113
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Here's What Happens When You Let Someone Else Use Your Costco Membership Card

The Motley Fool

Image source: Getty Images When you like something, it's natural to want to share it with others. However, if that "something" is your Costco membership card, you should definitely think twice before sharing. Costco membership is non-transferrable. This means only you can use your membership card. Each membership comes with two cards, so you can add one member of your household.

Legal 246
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Elucent Medical Secures $42.5m Series C Funding

FinSMEs

Elucent Medical, an Eden Prairie, MN-based medical technology company working in the field of surgical navigation through in-site spatial intelligence (iSI), raised $42.5M in Series C funding. The round was led by Vensana Capital and RC Capital with participation from existing investors. In conjunction with the funding, Greg Banker and Kirk Nielsen of Vensana Capital […] The post Elucent Medical Secures $42.5m Series C Funding appeared first on FinSMEs.

Funds 109
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1 Growth Stock Down 42% to Buy Right Now

The Motley Fool

Time in the market beats timing the market. That's no secret. Legendary investors didn't make their fortune by day-trading the hottest stock tips, but by holding stocks of game-changing market leaders for many years or even decades. That said, even Warren Buffett prefers buying incredible businesses at a great price. That long-term holding period gets so much sweeter when you take off from a deeply undervalued starting point.

Prospects 246
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Superintelligent Raises $2M in Pre-Seed Funding

FinSMEs

Superintelligent, a NYC-based company providing a platform that teaches to use artificial intelligence for work and fun, raised $2M in Pre-Seed funding. The round was led by Learn Capital. The company intends to use the funds to expand operations and its business reach. Led by CEO and Founder Nathaniel Whittemore, Superintelligent is a platform that […] The post Superintelligent Raises $2M in Pre-Seed Funding appeared first on FinSMEs.

Funds 109

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Sapien Raises $5M in Seed Funding

FinSMEs

Sapien, a San Francisco, CA-based data labeling company, raised $5M in Seed funding. Backers included Primitive Ventures, Animoca, Artichoke Capital, and Yield Guild Games. The company intends to use the funds to further develop and open source its gamified labeling infrastructure while continuing to set a new standard for how humans and AI work together. […] The post Sapien Raises $5M in Seed Funding appeared first on FinSMEs.

Funds 108
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Intel Guns for Nvidia With Gaudi 3 AI Chip

The Motley Fool

While the artificial intelligence (AI) accelerator market is dominated by Nvidia (NASDAQ: NVDA) , Intel (NASDAQ: INTC) has been trying to gain ground. The company's Gaudi line of AI chips historically couldn't match Nvidia on performance, but Intel pitched them as a cost-effective alternative to Nvidia's pricey graphics processing units (GPUs). Gaudi 3, Intel's third-generation Gaudi AI chip, was officially unveiled on Tuesday.

Returns 246
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Verdane acquires majority stake in Corlytics 

Private Equity Wire

Specialist growth investment firm Verdane has acquired a majority equity stake in Corlytics, a provider of regulatory intelligence and policy compliance technology. The investment will support the Corlytics’s continued growth. Verdane invested in Corlytics via its newly raised €1.1bn Edda III Fund. The firm currently has €6.9bn in committed capital for scaling tech-enabled growth businesses, according to a press release.

Stakes 90
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What Nvidia Stock Investors Should Know About Recent Artificial Intelligence (AI) Updates

The Motley Fool

In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA) 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 8, 2024. The video was published on April 8, 2024. Should you invest $1,000 in Nvidia right now?

Investors 246
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Quilvest appoints Non-Executive Chairman 

Private Equity Wire

Quilvest Capital Partners a $7bn global mid- and lower mid-market alternatives investment manager, has appointed Christophe Evain as Non-Executive Chairman as part of its board. In his new role, Evain will guide Quilvest’s strategic trajectory. Evain previously served as CEO of $86bn alternatives assets manager Intermediate Capital Group, where he led the firm’s expansion into global markets and diverse asset classes.

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Why Kratos Defense & Security Stock Is Down Today

The Motley Fool

A Wall Street analyst is tapping the brakes on Kratos Defense & Security Solutions (NASDAQ: KTOS) , and investors are taking notice. Shares of the defense tech company fell by 4.6% at the open Wednesday. Don't expect fireworks Kratos manufactures drones and defense electronics products. It's best known today for its aerial target drones, but it also has a line of more advanced "loyal wingman" products that it hopes will one day fly into battle in support of crewed aircraft.

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Deal Roundup: EQT exits Rimes to Five Arrows, Bain Capital sells Axis Bank stake

AltAssets

EQT has exited its four-year investment in financial services data and regtech business Rimes to Rothschild & Co private equity arm Five Arrows. Rimes provides enterprise data management-as-a-service and investment platform solutions to the global investment community. Five Arrows targets category-leading B2B data and software sectors across a focused set of end–markets including financial technology. […] The post Deal Roundup: EQT exits Rimes to Five Arrows, Bain Capital sells Axis Ba

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Spirit Airlines Stock Has 18% Downside, According to 1 Wall Street Analyst

The Motley Fool

While analysts at Susquehanna are optimistic about some of the larger airlines, they're not jazzed about struggling budget airline Spirit Airlines (NYSE: SAVE). Susquehanna maintained its negative rating on the stock on Tuesday while dropping its price target from $5 to $4. The new price target represents a potential downside of nearly 18% over the next 12 months from the current price.

Prospects 246
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Gen II launches no-code fund data management service 

Private Equity Wire

Gen II Fund Services, an independent private capital fund administrator, has launched Sensr DataBridge as part of its Sensr product suite, which provides PE sponsors with access to investor and investment cash flows, portfolio data and accounting details, and streamlines connections across diverse applications, tools, and platforms. According to a press release, Sensr DataBridge’s no-code solution eliminates the need for specialised data structuring or development skills and allows its users to

Funds 83
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Broadcom Stock Has 29% Upside, According to 1 Wall Street Analyst

The Motley Fool

Broadcom (NASDAQ: AVGO) provides chips and software solutions for servers, smartphones, among other enterprise and consumer markets, but growing investment in data centers for artificial intelligence (AI) infrastructure is emerging as an important long-term growth catalyst. The stock rocketed nearly 113% over the last year, but JPMorgan analysts see more gains based on Broadcom's opportunity to supply chips for Alphabet 's Google and Meta Platforms over the next few years.

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Animal Spirits: Enjoy the Bull Market While it Lasts

A Wealth of Common Sense

Today’s Animal Spirits is brought to you by Pacer ETFs and Fabric by Gerber Life See here for more information on Pacer ETFs Go to meetfabric.com/spirits for more information on life insurance from Fabric by Gerber Life See here for tickets to The Compound and Friends LIVE in Los Angeles On today’s show, we discuss: S&P 500 trackers hit a record 27% of 2023 equity ETF flows What’s wrong with the.

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Why Realty Income Stock Fell Today

The Motley Fool

Realty Income (NYSE: O) tends to be a low-volatility stock. After all, the company is a Real Estate Investment Trust (REIT) that specializes in triple-net leases to recession-proof tenants in mostly stand-alone locations. However, that didn't stop Realty Income from falling on the hotter-than-expected inflation report Wednesday morning. As a result, the stock closed down 4.1% on the news.

Debt 246
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Igneo’s EDIF III nears €5bn hard cap as investors seek infra investment

AltAssets

Igneo Infrastructure Partners, the infrastructure investment arm of First Sentier Investors Group is said to have reached €4.1bn in pursuit of a €5bn hard cap for EDIF III. The post Igneo’s EDIF III nears €5bn hard cap as investors seek infra investment first appeared on AltAssets Private Equity News.

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2 Red-Hot AI Growth Stocks to Buy in 2024 and Beyond

The Motley Fool

When it comes to investing in growth stocks, sometimes it is best to let your winners run. This looks to be the case with two red-hot growth companies whose stocks have performed strongly over the past year. 1. AppLovin It's not a well-known company, but AppLovin (NASDAQ: APP) stock is certainly getting some attention and its price is up about 375% over the past year.

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GIP Australia Fund II holds AUD4bn final closing

Private Equity Wire

Infrastructure private investment firm Global Infrastructure Partners (GIP), has held the final closing of the GIP Australia Fund II (GIPA II) with aggregate committed capital of AUD4bn (£2.1bn), at the upper end of its AUD3bn to AUD4bn target range. GIPA II has commitments from institutional investors across Australia, Asia, Europe and North America.

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2 Dividend Stocks to Double Up on Right Now

The Motley Fool

It's comforting for investors to receive regular dividends. Payouts can provide a source of income that appeals to a variety of investors. But it's important to look beyond a stock's dividend yield. That's because a high yield may have been caused by a stock price drop due to a company running into difficulties, and the board of directors may cut the payout.

Prospects 245
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Traumasoft Partners with Serent Capital to Expand its Integrated EMS Solution

Serent Capital

The post Traumasoft Partners with Serent Capital to Expand its Integrated EMS Solution appeared first on Serent Capital.

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Nvidia Stock Has 17% Upside, According to 1 Wall Street Analyst.

The Motley Fool

Nvidia (NASDAQ: NVDA) has become the standard bearer for the advent of artificial intelligence (AI) and the potential for significant productivity increases resulting from the widespread adoption of the technology. The company's state-of-the-art processors have essentially cornered the market for AI applications. However, Nvidia is seeing increasing competition, which is weighing on the stock in recent weeks.

Capital 245
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Private Equity Wire to host exclusive ‘urban retreat’ for private credit leaders in New York

Private Equity Wire

New York City, NY – Private Equity Wire is back with its Private Credit US Summit, to be held in New York on 23 October 2024. The closed-door event, exclusive to leadership at the biggest private credit funds in the US and worldwide, caters to the entire investment lifecycle – from fundraising to capital deployment, portfolio management and overall firm operations.

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3 Ways a Roth IRA Could Make Your Life a Lot Easier in Retirement

The Motley Fool

Finding cash to save for retirement can be a challenge, but it's only half the battle. You also have to decide where to put that money so it can work best for you. There are plenty of great options out there, but one of the most popular is a Roth IRA. These accounts offer unique tax advantages you won't find with most other retirement accounts. Here are three ways it could make your senior years a lot easier.

Taxes 244
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Seaport Therapeutics Raises $100M in Series A Financing

FinSMEs

Seaport Therapeutics, a Boston, MA-based clinical-stage biopharmaceutical company, raised $100M in Series A funding. The round was co-led by Arch Venture Partners and Sofinnova Investments along with Third Rock Ventures and Seaport founder PureTech Health. The company intends to use the funds for the rapid advancement of its clinical-stage pipeline of medicines as well as […] The post Seaport Therapeutics Raises $100M in Series A Financing appeared first on FinSMEs.

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Billionaire Investor Bill Ackman Just Said That Alphabet Has "an Unmatched Business Model." Is He Right?

The Motley Fool

One of the best ways to see where "smart money" is moving is to look through the regulatory filings of money managers. Bill Ackman , a hedge fund manager and CEO of Pershing Square Capital Management, is a closely followed investor on Wall Street. Ackman is known to keep a limited number of stocks in his portfolio -- only taking positions in high-conviction opportunities.

Investors 244
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Oden Technologies Raises $28.5M in Series B Funding

FinSMEs

Oden Technologies, a NYC-based data and AI software company servicing the manufacturing industry, raised $28.5M in Series B funding. The round was led by Nordstjernan Growth, with participation from Klarna founder Sebastian Siemiatkowski’s investment company, Flat Capital, and Recurring Capital Partners, and existing investors, including Atomico and EQT Ventures.

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Hoping Real Estate Inventory Will Increase Soon? Here's Some Bad News

The Motley Fool

Image source: Getty Images There's a reason the past couple of years have been tough ones for prospective home buyers. Not only have mortgages been expensive to sign due to elevated borrowing rates, but there's been a massive shortage of homes on the national market. If you're a buyer who struggled with limited housing inventory in 2023, you may be hoping for better news in 2024.

Prospects 244
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Eden Capital eyes $400m sophomore fund two years after debut raise

AltAssets

New York-based Eden Capital is looking to raise at least $400m for its second fundraise. The post Eden Capital eyes $400m sophomore fund two years after debut raise first appeared on AltAssets Private Equity News.

Capital 66
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What Is Going On With SoundHound AI Stock?

The Motley Fool

In this video, I will cover the recent updates regarding SoundHound AI (NASDAQ: SOUN) and explain why the stock has been down in recent weeks. *Stock prices used were from the trading day of April 9, 2024. The video was published on April 9, 2024. Should you invest $1,000 in SoundHound AI right now? Before you buy stock in SoundHound AI, 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 SoundHound AI w

Returns 244
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Small-cap PE firms generating best returns, says HEC Paris

Private Equity Wire

Smaller players in the small-cap private equity world are generating the best returns, with Renovus Capital Partners claiming the top spot with a performance score of 3.89, according to a recent ranking by HEC Paris Business School in partnership with Dow Jones. The 2023 small-cap firms performance ranking, developed by Oliver Gottschalg, a Professor at HEC Paris, reveals that New York-based Clarion Capital Partners ranks second with a score of 2.15, while UK-based GMT Communications Partners r

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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

The Motley Fool

Iconic growth investor Cathie Wood is hoping to bounce back this year. The largest of her funds at Ark Invest -- where she's a co-founder and CEO -- is down 7% this year, a contrast to the markets trading slightly higher in 2024. She's not standing still but rather continuing to make opportunistic buys and sells across her portfolios. Wood bought shares of Palantir Technologies (NYSE: PLTR) , Teladoc (NYSE: TDOC) , and Roku (NASDAQ: ROKU) on Tuesday, building up some of her largest positions.