Sat.Jul 22, 2023

article thumbnail

Carvana Is Beaten Down Now, But It Could 10x

The Motley Fool

To say that Carvana (NYSE: CVNA) was a Wall Street darling would be a gigantic understatement. From its initial public offering in April 2017 to its all-time high in August 2021, the stock skyrocketed an eye-watering 3,230%. Investors would struggle to find a return like this elsewhere in the market. The used-car e-commerce platform was growing like wildfire thanks to its disruptive potential in a massive industry.

article thumbnail

Kaso Raises $10.5M in Seed Funding

FinSMEs

Kaso, a Riyadh, Saudi Arabia Kingdom-based provider of a B2B platform digitizing & automating procurement between restaurants and food suppliers in the Middle East, raised $10.5M in Seed funding. Backers included BY VP, Hala Ventures, Seedra Ventures, Pioneer Fund, Spade Ventures, Derayah, Vulpes Ventures, Cyfr, regional family offices, and other investors from KSA, along with […] The post Kaso Raises $10.5M in Seed Funding appeared first on FinSMEs.

Funds 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

How AI Automation Could Impact Up to 300 Million Jobs

The Motley Fool

Image source: Getty Images AI automation is no longer just a buzzword; it is transforming industries and impacting jobs. Artificial intelligence has already changed the way we live and work, from personal digital assistants to self-driving cars. But how exactly will AI automation impact the workforce? According to a report by Goldman Sachs, up to 300 million jobs could be impacted in the next decade.

Legal 246
article thumbnail

6 Ways Small Business Owners Can Get Their Employees to Use AI

Entrepreneur - VC

Smaller-scale enterprises will always struggle to gain a strategic edge against resource-rich conglomerates, but AI offers a new landscape, and there are proven ways to fuel employees' ability to embrace and maximize it.

article thumbnail

The Microsoft-Activision Blizzard Deal Moves Forward

The Motley Fool

In this podcast, Motley Fool senior analyst Bill Mann and host Dylan Lewis discuss: Why the FTC's attempt to block the Microsoft / Activision Blizzard deal failed. The "concessions" Microsoft is making to make the deal happen. How we're seeing a similar response to regulatory interest in Broadcom 's planned acquisition. Is it the end of an era for superheroes?

article thumbnail

6 Common Pitfalls Small Business Owners Must Avoid When Selling Their Business

Entrepreneur - VC

Entrepreneurs looking to sell their business face a myriad of pitfalls. This informal guide helps navigate these challenges and examines the double-edged sword of post-transition employment and non-compete agreements.

79

More Trending

article thumbnail

Investor Alert: Focus on Earnings & the Fed

Entrepreneur - VC

Why is the S&P 500 (SPY) racing ahead? And what clues do we have as to what stocks will do next? Steve Reitmeister shares the answer to these timely questions.

article thumbnail

Should You Really Be Investing in the Stock Market Right Now?

The Motley Fool

The last year and a half has been a rollercoaster of ups and downs for the stock market, and many investors are still feeling hesitant and confused about what the future might hold. On the one hand, stock prices have been surging. The S&P 500 is up by roughly 27% from its lowest point in October 2022, and the Nasdaq has soared by a whopping 35% in that time.

article thumbnail

10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • Planet Boglehead: Vanguard Struggles to Win Over the World : America’s quirky fund giant wants to sell itself to Europe. Is anyone buying? ( Businessweek ) • New Glut City : The city’s mega-office landlords are panicking, pivoting, and shedding what’s worthless.

article thumbnail

This 6.4%-Yielding Dividend Stock Keeps Adding More Fuel to Continue Growing

The Motley Fool

Kinder Morgan (NYSE: KMI) pays one of the 10 highest-yielding dividends in the S&P 500 index at 6.4%. That's several times above that index's 1.5% average. While the company's cheap valuation is a big driver of its higher yield, Kinder Morgan has also increased its payout in each of the last six years. The company's big-time payout should continue rising in the future.

article thumbnail

MiB: Jawad Mian, Stray Reflections

The Big Picture

This week, we speak with Jawad S. Mian, who is the founder and managing editor at Stray Reflections , an independent global macro research and trading advisory firm with a focus on major investment themes. His clients include some of the world’s largest hedge funds, family offices, and institutional investors. Mian studied finance and economics at the University of Western Ontario and is a CFA and CMT charter holder.

article thumbnail

Is This Silly Mistake Keeping You From Retiring Early?

The Motley Fool

How soon do you want to retire? For most people, the answer to the question is "as soon as possible." For too many people, though, "as soon as possible" is further away than they like. There's just not enough money saved up, and Social Security isn't going to cut it if you start your retirement benefits at the earliest possible age of 62. The good news is that nearly anyone can retire a little bit earlier than you might believe possible.

Funds 246
article thumbnail

Avoid Roaming Costs for Life With This eSIM You Can Use in More Than 120 Countries

Entrepreneur - VC

For only $22, you can get a lifetime eSIM and a $50 credit for data plans around the world.

65
article thumbnail

1 Artificial Intelligence (AI) Growth Stock to Buy Hand Over Fist, and 1 That I Wouldn't Touch With a 10-Foot Pole

The Motley Fool

In the wake of the worst stock market downturn in over a decade, things are starting to look up. Each of the major market indexes has recovered at least 20% from their recent bottoms, causing some investors to announce the arrival of the next bull market -- at least by that measure. Helping fuel the recovery are recent advances in the field of artificial intelligence (AI) and the vast promise it provides, though estimates vary wildly.

Capital 246
article thumbnail

Save More Than 82% Off a Lifetime of Cloud Storage

Entrepreneur - VC

Protect your important files with 1TB of cloud storage for $119.97.

71
article thumbnail

Here's How to Decipher Your Credit Report

The Motley Fool

Image source: Getty Images Reading all the official records and data listed in your credit report can feel overwhelming. But knowing what you can expect to see can make the process a little less stressful. To help you understand what's in a credit report, we've listed the main sections with explanations. You can get a free copy of your credit report annually from each of the credit reporting agencies -- Experian, Equifax, and TransUnion -- and the Consumer Financial Protection Bureau recommends

article thumbnail

Lars Windhorst discloses multimillion loss on sale of Berlin football club

Financial Times M&A

Private equity group 777 bought the struggling team for a fraction of the financier’s original €374mn investment

article thumbnail

Why This Costco Member Has Booked 4 Vacations Through Costco Travel -- and Plans to Book More

The Motley Fool

Image source: Getty Images Costco has a lot of fans here at The Ascent, and for good reason. Not only can you buy food in bulk and get a sweet deal on a casket (!), but you can even book travel. We recently collected testimonials from people who have used Costco's travel service , and found a few enthusiastic vacationers who raved about it. My colleague Mary Henderson has in fact taken four Costco Travel vacations, and is keen to take more.

article thumbnail

Make ChatGPT Work For You With This Course Bundle, Now Only $29.99

Entrepreneur - VC

Save $22 on this comprehensive education in ChatGPT.

article thumbnail

3 Life Insurance Insurance Add-Ons That Could Be Worth Paying For

The Motley Fool

Image source: Getty Images Life insurance coverage is one of the most important types of insurance a person can buy. Surviving family members do not need to be left with an empty bank account when coping with the death of someone they loved who provided them with financial support. A death benefit can help those survivors maintain their quality of life, so they don't couple financial devastation with emotional devastation.

Banks 246
article thumbnail

Converge Adds Anshu Agarwal as General Partner

FinSMEs

Converge, a Cambridge, MA and San Jose, CA-based venture capital firm, announced the addition of Anshu Agarwal as a General Partner to launch the firm’s Silicon Valley presence. Led by Nilanjana Bhowmik and Maia Heymann, Converge invests principally in the bi-coastal tech centers of Boston, New York and Silicon Valley, and in select technology markets including Toronto and Israel in early stage B2B technologies, including Artificial Intelligence […] The post Converge Adds Anshu Agarw

article thumbnail

Here's What Happens if Your Loved One Died With Life Insurance

The Motley Fool

Image source: Getty Images When a person purchases life insurance , they put protection in place for their surviving loved ones. A death can result in a loss of the deceased person's income or services, which could mean survivors don't have that cash going into their checking accounts to pay essential bills. Life insurance protects against this fate.

article thumbnail

2 Revolutionary Stocks to Buy and Hold for 10 Years

The Motley Fool

Investing in companies at the forefront of innovation can be exciting, especially in the healthcare sector. Until we can completely eradicate illnesses, there will always be a market for newer and better ways to offer cutting-edge medical care. And corporations that succeed in providing it can also become financially successful, along with their shareholders.

article thumbnail

2 Top Growth Stocks to Buy Before the Next Bull Market

The Motley Fool

There's no denying that growth-centric companies operated under a uniquely challenging environment over the past 18 months or so. For many, that challenging environment was reflected in significant drops in the value of their stocks. That quick (and sometimes steep) drop came after significant stock price run-ups in the year prior. For investors, it wasn't easy (no matter your level of investing experience) to see such big portfolio gains in 2020 seemingly evaporate in such short order in parts

Resale 245
article thumbnail

2 Unstoppable Growth Stocks That Could Make You Richer in The Next Decade

The Motley Fool

Last year's downturn hit growth stocks especially hard, but many growth-oriented corporations performed impressively regardless. Two companies that belong to this group are Novo Nordisk (NYSE: NVO) and MercadoLibre (NASDAQ: MELI). These stocks' performances over the past year haven't been flukes; both companies have excellent prospects and could deliver solid financial results and outsized returns in the next decade.

Prospects 245
article thumbnail

2 Growth Stocks to Invest $1,000 in Right Now

The Motley Fool

The stock market has recovered well in 2023 following last year's doldrums when surging inflation and the Federal Reserve's interest rate hikes led investors to press the panic button and move away from equities. The S&P 500 is up 18% this year, while the tech-laden Nasdaq Composite has delivered bigger gains of 34%. The good part is that this stock market rally seems to have legs thanks to a healthy jobs market, the receding probability of a recession, and a marked slowdown in inflation tha

Investing 245
article thumbnail

3 Red Flags for Warner Bros. Discovery

The Motley Fool

The experiment that is Warner Bros. Discovery (NASDAQ: WBD) isn't going well so far, and some big decisions may need to be made soon. In this video, Travis Hoium highlights three challenges the company faces. *Stock prices used were the end-of-day prices of July 18, 2023. The video was published on July 19, 2023. 10 stocks we like better than Warner Bros.

Returns 244
article thumbnail

If This Is a New Bull Market, You Haven't Missed out on Charles Schwab

The Motley Fool

The stock market has enjoyed a great first half of the year with the S&P 500 up 15.9% year to date (YTD) through June 30 and the Nasdaq Composite up 32%. The first-half return for the Nasdaq is the best since 1983. Is this the start of a new bull market or a bear market rally? Time will tell, as we can only tell when a bull market started in retrospect.

Banks 243
article thumbnail

3 Small-Cap Stocks That Could Be Big-Time Winners

The Motley Fool

Think small. It's one of the best ideas for investors seeking to reap returns that trounce the overall market. Three Motley Fool contributors identified small-cap stocks that they think could especially become big-time winners. Here's why they chose Bluebird Bio (NASDAQ: BLUE) , Travere Therapeutics (NASDAQ: TVTX) , and Viking Therapeutics (NASDAQ: VKTX).

Companies 240
article thumbnail

3 Things That Surprised Me the Most About Running My Own Business

The Motley Fool

Image source: Getty Images Over a decade ago, I started my own freelance writing business. It has been a very rewarding process and I've been able to grow my income substantially. This, in turn, enabled me to increase my brokerage account balance and my net worth. But, while I've loved many aspects of running my own company, I've also been faced with some unexpected surprises.

Taxes 238
article thumbnail

3 Reasons to Buy Amazon Stock, None of Which Are Related to AI

The Motley Fool

The market has risen this year on the back of hot new artificial intelligence ( AI ) tools from the likes of OpenAI, Microsoft , and Google. These companies are betting the farm on AI. For example, Microsoft is investing $10 billion into start-up OpenAI to take on the Google search engine monopoly. Seeing potential dollar signs from what could be the next wave in the computing revolution, investors have started to bid up technology stocks.

Bidding 230
article thumbnail

5 Reasons Expensive Products Should Always Be Bought With a Credit Card

The Motley Fool

Image source: Getty Images When you make an expensive purchase, there's one particular payment method you should always use: a credit card. Of course, you should do this only if you can pay off the balance in full before the billing cycle ends so you don't get stuck paying high interest charges on your costly purchase. But as long as you're able to pay off the card balance out of your bank account before accruing interest, there are five big reasons why a credit card is the best payment method f

Debt 200
article thumbnail

Cathie Wood Sold Off $21 Million of Tesla Stock Hours Before Earnings Dip -- Now She's Scooping Up This Magnificent Growth Stock

The Motley Fool

Cathie Wood ranks among the biggest cheerleaders for Tesla (NASDAQ: TSLA) you'll find. She predicted earlier this year that the electric vehicle (EV) stock could hit $2,000 per share by 2027. That's roughly 6.4 times Tesla's current price. It might be surprising, therefore, that Wood isn't buying more Tesla shares. Instead, her Ark Invest exchange-traded funds ( ETFs ) sold off around $21 million of the stock only hours before Tesla reported its second-quarter earnings and the subsequent dip in

article thumbnail

Is Meta Repeating OpenAI's Mistakes? Mark Zuckerberg Doesn't Think So

The Motley Fool

Meta Platforms (NASDAQ: META) recently announced that it will make its new large language model (LLM) for artificial intelligence (AI) freely available as open-source software. It's a move that contrasts with strategic shifts that generative-AI leader OpenAI has made for its own hugely popular ChatGPT service. While OpenAI previously made its LLM software available on an open-source basis, the company ultimately decided that the approach wasn't a good idea.

Companies 188