Mon.May 06, 2024

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The Federal Reserve Just Indicated Social Security Could Get a Bigger 2025 Cost-of-Living Adjustment (COLA) Than Expected

The Motley Fool

The Federal Reserve may have just given retirees the biggest indication yet that their 2025 cost-of-living adjustment (COLA) may be quite substantial. The Fed is tasked with a dual mandate: to maximize employment while maintaining stable prices. Over the past three years, it's been in a battle with ongoing inflation. Its biggest goal right now is to push inflation below 2%.

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New Report: Businesses Increasingly Choose Private Credit for Financing

American Investment Council

Washington, D.C. – The American Investment Council (AIC) released a report today, authored by PitchBook , highlighting the growing role of private credit in serving small and middle-market businesses. “Private credit is playing a crucial role in supporting businesses and delivering impressive returns for investors, especially in uncertain times,” said Drew Maloney, President & CEO of the American Investment Council. “The industry’s resilience and flexibility are filli

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The Social Security Cost-of-Living Adjustment (COLA) Forecast for 2025 Was Just Updated, and It Comes With Bad News and Worse News for Retirees

The Motley Fool

Social Security payments get an annual cost-of-living adjustment (COLA) to protect the buying power of benefits from inflation. COLAs depend on how the CPI-W (a subset of the Consumer Price Index ) changes in the third quarter, meaning the three-month period running from July through September. For example, the CPI-W rose 3.2% in the third quarter of 2023, which led to a 3.2% COLA for Social Security benefits in 2024.

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Opmed.ai Secures $15M in Series A Funding

FinSMEs

Opmed.ai, a Boston, MA-based provider of an AI optimization platform for healthcare, raised $15M in Series A funding. The round was led by NFX and Grove Ventures, with participation from Secret Chord Ventures, the Impact investor Sir Ronald Cohen, and Unbox Ventures. The company intends to use the funds to expand operations and development efforts. […] The post Opmed.ai Secures $15M in Series A Funding appeared first on FinSMEs.

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Forget Chipotle's Stock Split: Buy This Monster Restaurant Growth Stock Instead

The Motley Fool

Over the last 20 years, Chipotle stock has put up monster returns. Posting a total return level of 7,000% since its initial public offering (IPO), the stock has crushed the S&P 500 's 459% return over that same time frame. Through strong same-store sales and unit volume growth, Chipotle has been able to consistently grow revenue and earnings over the last 20 years, rewarding shareholders in the process.

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Stella Automotive AI Raises $19.7M in Series A Funding

FinSMEs

Stella Automative AI, a Tampa, FL-based provider of automotive artificial intelligence technology, raised $19.7M in Series A funding. The raise included both newly invested capital and outstanding convertible notes that converted into this Series A issuance. Backers included Reynolds and Reynolds, Qvale Auto Group, OREMOR Automotive Group, Mills Automotive Group, Bowers Automotive Group, MileOne Autogroup, […] The post Stella Automotive AI Raises $19.7M in Series A Funding appeared first o

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US Equities: 9% Forever?

The Big Picture

It’s taken me months to organize all of my research for my next book project; it’s a lot of stuff, some dating back to 2000. Much of it reflects the bad ideas and numbers, and worse advice, that float around Wall Street. A lot of it has not aged well. But every now and then, something I saved turned out to be prescient — not because it was lucky, but because it contained a well-considered insight that has stood the test of time.

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3 Ways to Grow $100,000 Into $1 Million for Retirement Savings

The Motley Fool

Retiring comfortably doesn't happen by accident. It often takes years of dedicated work and savings. Fortunately, our friend, compounding , is there to help us out. Most wealthy people invest their money to grow it instead of stuffing every dollar into a savings account. If you surveyed 100 millionaires, you'd probably meet very few who got that way without investing in something that appreciated in value over the years.

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Zanskar Raises $30M in Funding

FinSMEs

Zanskar Geothermal & Minerals, a Salt Lake City, UT-based geothermal exploration company, closed a $30M funding round. The round was led by Obvious Ventures with participation from previous investors such as Munich Re Ventures, Union Square Ventures, Lowercarbon Capital, Safar Partners, and First Star Ventures, as well as newcomer Clearvision Ventures.

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Tellurian Could Be Nearing Multiple Catalysts. Is It Time to Buy the Beaten-Down LNG Stock?

The Motley Fool

Tellurian (NYSEMKT: TELL) has been going through a brutal stretch. Surging interest rates and tumbling natural gas prices have caused its stock price to crater. Shares of the natural gas company are down more than 90% from their peak a couple of years ago. However, a couple of catalysts could be just over the horizon. Here's a look at whether investors should buy shares of the liquefied natural gas (LNG) project developer ahead of these looming catalysts.

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Orange Raises USD 19.5M in Pre-Series A Financing

FinSMEs

Orange, Inc., a Tokyo, Japan-based manga localization technology company, raised JPY 2.92 billion (approximately USD 19.5m ) in pre-series A financing. The round was led by Shogakukan, Globis Capital Partners, ANRI, SBI Investment, JIC Venture Growth Investments, Miyako Capital, Chiba Dojo Fund, Mizuho Capital, Mitsubishi UFJ Capital, and GFR Fund. The funds will be used to develop […] The post Orange Raises USD 19.5M in Pre-Series A Financing appeared first on FinSMEs.

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Social Security: 3 Ways to Get More Spousal Benefits

The Motley Fool

You'll often hear that if you want to collect Social Security benefits in retirement, you'll need to work and pay into the program for many years. And while that is true, there's a way to qualify for Social Security without ever working a day in your life -- collecting spousal benefits. Spousal benefits are something you may be entitled to if you're married to someone who's eligible for Social Security or are divorced from someone in that same boat.

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Anetac Raises $16M in Funding

FinSMEs

Anetac, a Los Altos, CA-based startup protecting companies from blind spots of service accounts in hybrid environments, raised $16M in funding. The round was led by Liberty Global with participation from Shield Capital, GP Ventures, Anetac CEO Tim Eades and Jason Witty. The company intends to use the funds to elevate its service offerings to […] The post Anetac Raises $16M in Funding appeared first on FinSMEs.

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Is Disney Stock Going Back to $140? 1 Wall Street Analyst Thinks So

The Motley Fool

It's been a long three years for Walt Disney (NYSE: DIS) shareholders. As recently as 2021, with COVID-19 raging and much of America stuck working and studying from home, Disney stock hit an all-time high near $190 a share as investors saw demand skyrocket for the company's new Disney+ streaming service. A series of movie flops, culture war kerfuffle, and the stubborn unprofitability of direct-to-consumer streaming, however, soon soured investors on Disney stock.

Debt 246
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Atlas Holdings sells NPX One to PE firm Breck

Private Equity Wire

Connecticut-based private equity firm Atlas Holdings has sold NPX One, a US manufacturer and supplier of polystyrene trays for fresh protein, to Dallas-based private equity firm Breck Partners. Terms of the transaction have not been disclosed. Atlas acquired the assets which comprise NPX One with its purchase of Sealed Air Corporation’s North American foam trays and absorbent pads (TAP) businesses in 2015, which was renamed Novipax.

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1 Chip Stock Secretly Playing A Massive Role In AI Development

The Motley Fool

Lam Research (NASDAQ: LRCX) has been on a tear since the start of 2023, more than doubling in value in that span of time and setting fresh all-time-highs. And all of this comes in the middle of a downturn for Lam's segment of the semiconductor market. What gives? Lam, along with its chip manufacturing equipment peers like ASML Holding and Applied Materials , is benefiting from nations across the globe funneling incentives toward domestic semiconductor production.

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Meet the First Wave of XYPN LIVE 2024 Speakers!

XY Planning Network

Can you believe it? XYPN just celebrated a decade of making independence possible for 1800+ members, and just like that, the 10th annual conference is right around the corner. Since your red cape is at the cleaners—as usual, sigh— get ready to snag a t-shirt hot off the presses at registration because a celebration is waiting for you in Minneapolis, MN on October 15-17.

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Instead of Buying Nvidia Stock, I'm Buying This AI ETF Hand Over Fist

The Motley Fool

Climbing 467% over the past three years, Nvidia (NASDAQ: NVDA) stock has skyrocketed as investors have raced to gain artificial intelligence (AI) exposure. Those looking to add AI exposure to their portfolios may feel they've missed the boat on Nvidia stock. Plus, they may feel overwhelmed by the variety of other choices to consider. But the Roundhill Generative AI & Technology ETF (NYSEMKT: CHAT) has all those bases covered.

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DecisionPoint to go private in $78.5m all-cash deal

Private Equity Wire

DecisionPoint Systems, a retail in-store solutions and services provider focused on point-of-sale systems, will merge with an affiliate of Barcoding Holdings, a portfolio company of Pennsylvania-based private equity firm Graham Partners, in a $78.5m all-cash transaction. Under the terms of the deal, which is expected to close in July, DecisionPoint stockholders will receive $10.22 per share in cash, representing an approximate 27% premium over the closing price of $8.05 on 30 April 2024, and a y

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Government Data Points to a Big Imbalance in Social Security Payouts. Here's How You Can Take Advantage.

The Motley Fool

A lot has changed since the government put the first monthly Social Security check in the mail in 1940. Most Americans no longer receive a pension from work. They fund their own retirement savings through personal accounts like the 401(k) and IRA. And more and more people have come to rely on Social Security to make ends meet in retirement as well. Nearly 60% of retirees say Social Security is a major source of income in retirement, according to an annual Gallup poll, so making the most out it i

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Talk Your Book: Bitcoin Flows

A Wealth of Common Sense

Today’s Talk Your Book is sponsored by Franklin Templeton Digital Assets: On today’s show, we spoke with Christopher Jensen, Director of Digital Assets Research for Franklin’s Digital Asset Investment Strategies Group and co-lead of the Digital Asset Investment Strategy Investment Committee to discuss the digital asset landscape. On today’s show, we discuss: The resiliency of Bitcoin The global.

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Better Social Media Stock: Meta Platforms vs. Snap

The Motley Fool

Meta Platforms (NASDAQ: META) and Snap (NYSE: SNAP) went in opposite directions after their latest earnings reports. Meta's stock tumbled after the company followed up its first-quarter earnings beat with a light revenue forecast for the second quarter and a commitment to higher spending on its new AI initiatives. Snap saw its stock soar after it posted a strong first-quarter report and stable guidance for the second quarter.

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Private credit fundraising falls to lowest level since 2020

Private Equity Wire

With inflation remaining stubbornly high and the Federal Reserve seemingly set to keep interest rates higher for longer, private credit fundraising has fallen to the lowest level seen since 2020, according to a report by Bloomberg. The report cites a survey by data provider Preqin in revealing that managers across the private debt space raised $30.6bn in the first three months of this year — around 14% lower than the the average $35.8bn seen in every first quarter since 2017.

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Where Will Nvidia's Stock Be in 5 Years?

The Motley Fool

Nvidia (NASDAQ: NVDA) has been one of the hottest stocks on the market this year. Even if it has experienced some highs and lows during that period, it's still up an impressive 80% for far in 2024. But that's past performance, and investors want to know where Nvidia is headed to from here. However, predicting where a stock is going in two or three months can be tricky and can be affected by external events like the Federal Reserve's interest rate policy.

Returns 246
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OverT Bio Raises $16M in Seed Funding

FinSMEs

OverT Bio, a NYC-based data-driven company working to enable the curative potential of cell therapies in solid tumors, raised $16M in Seed funding. The round was led by ARTIS Ventures and Wing VC, with participation from Fusion Fund, OMX Ventures, Alexandria Venture Investments, Gaingels, Civilization Ventures, Hawktail, and Cancer Research Institute.

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Is AMD Stock a Buy Now?

The Motley Fool

Investors may understandably struggle with the recent volatility of Advanced Micro Devices ' (NASDAQ: AMD) stock. It has fallen by almost one-third since early March, a drop exacerbated by the recent release of its earnings report for the first quarter of 2024. The sell-off does not negate its potential as an artificial intelligence (AI) chip provider.

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GoMining Raises $3M from Bitscale Capital

FinSMEs

GoMining, a remote infrastructure company providing access to Bitcoin mining through its Liquid Bitcoin Hashrate protocol, raised $3M from Bitscale Capital. The company intends to use the funds to expand its infrastructure to North Africa and the Middle East later this year. Led by CEO Mark Zalan, GoMining is a global bitcoin mining company with […] The post GoMining Raises $3M from Bitscale Capital appeared first on FinSMEs.

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Wall Street Doesn't Know About Coinbase's Secret Weapon: How Base Could Send Its Stock Soaring

The Motley Fool

Back from the dead, Coinbase Global (NASDAQ: COIN) finds itself up more than 500% since the beginning of 2023. Yet as impressive as Coinbase's resurgence has been, there is plenty of reason to believe it has more room to run. With a little bit of digging, it will become clear that the reclamation of its previous all-time high of $343 is well within the realm of possibilities and that the first publicly traded crypto company has what it takes to soar to new levels.

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Mr. Winston Raises €600K in Funding

FinSMEs

Mr. Winston, a Tilburg, the Netherlands-based provider of a hospitality POS system, raised €600K in funding. Backers included angel investors, including Collin Crowdfund CEO Jeroen ter Huurne. The company intends to use the funds to accelerate its growth both domestically and internationally. Mr. Winston offers a hospitality industry platform to manage reservations, payments, self-ordering, and […] The post Mr.

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Super Micro Computer: Time to Buy This Magnificent Artificial Intelligence (AI) Stock as It Could Soar at Least 41% After Its Latest Pullback

The Motley Fool

Shares of Super Micro Computer (NASDAQ: SMCI) were in sell-off mode after the company released fiscal 2024 third-quarter results (for the three months ended March 31) on April 30. That may seem a tad surprising considering the outstanding growth the company delivered during the quarter. More specifically, Super Micro stock was down more than 11% in pre-market trading on May 1.

Returns 243
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Shutterstock to Acquire Envato, for $245M

FinSMEs

Shutterstock (NYSE: SSTK), a NYC-based provider of a platform offering content for brands, digital media and marketing companies, acquired Envato Pty Ltd., an Australia-based company which specializes in digital creative assets and templates, for $245m. With the acquisition, which is expected to close in the third quarter, subject to customary closing conditions, Shutterstock will expand its offerings. […] The post Shutterstock to Acquire Envato, for $245M appeared first on FinSMEs.

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Here's Why Sea Limited Stock Rose by 18% Last Month

The Motley Fool

Shares of Sea Limited (NYSE: SE) rose 17.7% in April, according to data provided by S&P Global Market Intelligence. This was in sharp contrast to the 4% decline for the S&P 500 -- a large monthly decline for an index. The company was able to buck the market's downward trend thanks to improving optimism among the analyst community in the middle of the month.

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How to Approach Planning a Retirement Abroad, Ep #215

Financial Symmetry

Have you thought about retiring abroad? Oftentimes, when we think of retirement we think about sunny beaches with crystalline water shimmering in the sunshine. Could this or some other idyllic vision be your future? The realities of retiring abroad can … Continued The post How to Approach Planning a Retirement Abroad, Ep #215 appeared first on Financial Symmetry, Inc.

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2 Reasons to Buy Roku Stock, and 1 Reason to Sell

The Motley Fool

Investors have thrown in the towel on Roku (NASDAQ: ROKU). The pandemic-era favorite is off close to 90% from all-time highs as Wall Street continues to worry about profitability and its competitive positioning in the streaming TV (CTV) sector. Even though nobody is talking about this stock anymore, the CTV platform is growing market share in the United States and around the world.