Sun.Nov 05, 2023

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Is It Too Late to Buy Palantir Technologies Stock?

The Motley Fool

Palantir Technologies ' (NYSE: PLTR) stock surged 20% on Nov. 2 after the data mining and analytics company posted its third-quarter report. Its revenue rose 17% year over year to $558 million and exceeded analysts' expectations by $2 million. It generated a net profit of $72 million, compared to its net loss of $124 million a year ago, while its adjusted earnings of $0.07 per share cleared the consensus forecast by a penny.

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How to Become a Millionaire

A Wealth of Common Sense

American households have never been wealthier but that wealth is not evenly distributed. The top 10% controls more than 70% of the total wealth in this country as of year-end 2022.1 The good news is, there are those outside of the top 10% who are catching up. Based on the latest estimates from the Federal Reserve there are around 16 million American households with a net worth of $1 million or more.

Financing 102
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A Bull Market Is Coming: 2 Growth Stocks Could Increase Sales 139% and 332% in 5 Years, According to Wall Street Analysts

The Motley Fool

One school of thought says the next bull market begins when the S&P 500 (SNPINDEX: ^GSPC) reaches a new record high. By that standard, the benchmark index is roughly 10 percentage points away from bull market territory. That threshold is particularly meaningful because the S&P 500 returned an average of 285% during the last five bull markets.

Startups 246
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Telecom Italia’s KKR deal sparks threat of legal action by Vivendi

Financial Times M&A

Largest shareholder ‘deeply regrets’ acceptance of private equity’s firm offer of up to €22bn for fixed-line network

Legal 82
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Author Michael Lewis Delves Into What Went Wrong at FTX

The Motley Fool

Michael Lewis knows how to tell a story. He's given color to the characters behind baseball and the finance industry. Now, he paints a portrait of Sam-Bankman Fried, the infamous face of crypto who went from billionaire to bankrupt overnight. Motley Fool CEO and co-founder Tom Gardner caught up with Lewis recently and they discussed: The downfall of crypto exchange FTX.

Banks 246
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Tupu Raises $3.2M in Seed Funding

FinSMEs

Tupu, a Berlin, Germany-based AgTech company, raised $3.2M in Seed funding. The round was led by FoodLabs and Zubi Capital, alongside Clear Current Capital, FoodHack, IT-Farm, CoastCap, and businesses angels such as Roger Hassan and Gil Horsky. The company intends to use the funds to further scale its production capacity and supply large players in […] The post Tupu Raises $3.2M in Seed Funding appeared first on FinSMEs.

Funds 62

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This Week on TRB

The Reformed Broker

And if you haven’t subscribed yet, don’t wait. Check it out below or wherever fine podcasts are played. These are the most read posts on the site this week, in case you missed it: . The post This Week on TRB appeared first on The Reformed Broker.

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Social Security and Retirement: 41% of Older Adults Are Making This Major Mistake

The Motley Fool

If you're expecting to rely on Social Security in retirement, you're not alone. Around 41% of baby boomers say that Social Security will be their primary source of income in retirement, according to a 2023 report from the Transamerica Center for Retirement Studies. While there's nothing necessarily wrong with depending on Social Security to some extent, making it your primary source of income can be risky.

Taxes 246
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2X Global taps Kuramo to manage gender-lens deal warehousing facility

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post 2X Global taps Kuramo to manage gender-lens deal warehousing facility first appeared on Africa Capital Digest.

Capital 52
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At a 52-Week Low, This Underappreciated High-Yield Dividend Stock Can Provide Passive Income for a Lifetime

The Motley Fool

United Parcel Service (NYSE: UPS) stock has been hit hard in 2023 and is now down over 20% year to date following its third-quarter results which fell short of expectations. The sell-off has been particularly brutal within the context of UPS' historic run. On Jan. 7, 2022, UPS reached an all-time intraday high of $219.45. And now less than two years later, UPS stock finds itself down over 40% from that high.

Debt 246
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STANLIB sponsors new energy transition credit fund

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post STANLIB sponsors new energy transition credit fund first appeared on Africa Capital Digest.

Funds 52
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Is Cloudflare Stock a Buy Now?

The Motley Fool

Cloudflare 's (NYSE: NET) stock price dropped 6% during after-hours trading on Nov. 2 following its third-quarter report. The cloud-based content delivery network (CDN) and cybersecurity service provider's revenue rose 32% year over year to $336 million and exceeded analysts' estimates by $5 million. Its adjusted net income surged 189% to $55 million, or $0.16 per share, and beat the consensus forecast by $0.06 per share.

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EXEO Capital adds another dairy processor to portfolio

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post EXEO Capital adds another dairy processor to portfolio first appeared on Africa Capital Digest.

Capital 52
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If You Like Dividends, You Should Love These 3 Stocks

The Motley Fool

Dividends are a great investment tool. These are payments to shareholders companies make to share a piece of their profits with investors. Some people build their entire portfolios around dividend stocks, letting the streams of passive income build up until they cover their living expenses. So if you love dividends, you're in luck. After digging deep, three great companies emerged as potential choices.

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Sanlam PE sells majority stake in Absolutely Pets in full exit

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Sanlam PE sells majority stake in Absolutely Pets in full exit first appeared on Africa Capital Digest.

Stakes 52
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1 Robinhood Stock That Could Crush the Market in the Long Run

The Motley Fool

Would you be willing to let a crowd of complete strangers pick a stock for your portfolio? There was a time when most people's answer would have been a resounding "no." Times and circumstances have changed, however. It's now clear that most investors actually do apply sound judgment when it comes to their serious investment dollars. They're wisely favoring blue chip stocks.

Prospects 246
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Capitalworks buys stake in South African plastics compounder

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Capitalworks buys stake in South African plastics compounder first appeared on Africa Capital Digest.

Stakes 52
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3 Dividend Stocks to Buy on the Dip

The Motley Fool

Buying shares of great businesses that pay dividends to shareholders can lead to substantial dividend income down the road. A lower share price means you get a higher dividend yield. This means more dividend income to enable buying more shares of your favorite stocks. The snowball effect of earning more dividend income and rolling that into buying more shares can add up tremendously over decades.

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Africa Finance Corp exits equity stake in Ghanaian port operator

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Africa Finance Corp exits equity stake in Ghanaian port operator first appeared on Africa Capital Digest.

Stakes 52
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Best Artificial Intelligence (AI) Stock to Buy: Snowflake vs. Datadog

The Motley Fool

Artificial intelligence (AI) has emerged as the next big thing in the business world. Tech giants such as Microsoft , Alphabet , Tesla , and Amazon have been investing heavily in AI technologies in an effort to strengthen their existing business lines or expand into new ones. With AI becoming increasingly embedded in our daily lives, this investment trend is likely to persist for the next several years.

Stakes 246
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US lawyers keep up their attacks on big chemical companies | FT Moral Money

Financial Times: Moral Money

The US is a litigious society, and lawyers that who bring compensation cases against big companies are often derided as 'ambulance chasers' But they are now proving themselves among the best eco warriors in the US

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If You Aren't Sure Amazon Still Has Growth Ahead, Read What CEO Andy Jassy Just Said

The Motley Fool

Some investing decisions are easier than others. A high-growth stock with increasing profits at a low valuation could be a no-brainer buy. But if you take out the low valuation, it could become a real question. Similarly, investors might struggle to determine if a young, high-growth stock with an uncertain future is a better buy than a mature, lower-growth one that's well-established.

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Tizeti secures long-term financing from Chapel Hill Denham’s NIDF

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Tizeti secures long-term financing from Chapel Hill Denham’s NIDF first appeared on Africa Capital Digest.

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3 High-Performing Artificial Intelligence (AI) Stocks to Buy Hand Over Fist in November

The Motley Fool

Artificial intelligence (AI) is changing the game for the world's economy. Experts believe that AI technology could add more than $15 trillion to the global economy by 2030, more than China and India's current economies combined. That potential has translated into Wall Street hype. Many AI stocks blossomed this year, generating strong investment returns.

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4DX Ventures’ new $100mln fund being evaluated for DFI commitment

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post 4DX Ventures’ new $100mln fund being evaluated for DFI commitment first appeared on Africa Capital Digest.

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3 Magnificent Growth Stocks to Buy on the Dip in November

The Motley Fool

On the surface, 2023 has been a great year for stocks. The Nasdaq Composite is up about 25% year to date, and the S&P 500 is up around 10%. But dig deeper, and many industries and former market darlings have suffered brutal sell-offs. Most of 2023's gains have come from the growth of a relatively small number of big tech stocks. Several growth stocks , especially smaller names, are down big so far this year -- but that could spell opportunity.

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Britain’s DFI backs AFEX to support warehouse expansion

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Britain’s DFI backs AFEX to support warehouse expansion first appeared on Africa Capital Digest.

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3 Spectacular High-Yield Dividend Stocks to Buy in November

The Motley Fool

Not all dividend stocks are in the same league. Some offer puny yields. Others, though, provide exceptionally high ones plus solid long-term growth prospects. Three Motley Fool contributors think they've identified stocks that belong squarely in the latter group. Here's why they view drugmakers AbbVie (NYSE: ABBV) , Novartis (NYSE: NVS) , and Pfizer (NYSE: PFE) as spectacular high-yield dividend stocks to buy in November.

Prospects 244
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Norrsken22’s tech growth fund tops goal at final close

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Norrsken22’s tech growth fund tops goal at final close first appeared on Africa Capital Digest.

Funds 40
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You May Be Shocked at What Americans Plan to Spend This Holiday Season

The Motley Fool

Image source: Getty Images It's November, which means the heart of the holiday season will be here before we know it. And if you're the type to not leave things to the last minute, you may already be in the process of doing some holiday shopping. It's hardly a secret that the holidays tend to be an expensive time of the year. An October survey from Deloitte , however, found that U.S. consumers expect to spend an average of $1,652 on the holidays this year.

Debt 244
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Electric Cars

The Big Picture

I don’t know anyone who will buy another Tesla. And I know a lot of people with Teslas, and they LOVE their Teslas! But they don’t like Elon Musk. If you’ve been following the news, it’s getting hard to sell electric cars. The Big 3, not so big anymore, are slowing development and production. Which is the exact wrong thing to do, because that will only put them further behind when the revolution comes, and it’s inevitable, and it will be gradual, then all at once.

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5 Little-Known Tax Deductions You Might Be Able to Claim

The Motley Fool

Image source: Getty Images I have yet to meet a human being who enjoys doing their taxes. I don't think they exist, and if I ever met someone who told me they enjoyed the process, I would assume they were an alien from another planet disguised as a human being who has no understanding of what taxes are. But despite the near-universal contempt for taxes, there are a few things you can do to make the process slightly less terrible.

Taxes 243
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10 Sunday Reads

The Big Picture

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • What I saw when I watched videos of the Hamas attack : Sickening, all of it. And yet the film mainly reinforces what is already known about these atrocities and cannot be denied or minimized, at least not by any decent person. ( Washington Post ) see also A Record of Pure, Predatory Sadism : Officials in Israel screened footage of the Hamas attack for the press: “What we shared with you, you should know i

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Wall Street Thinks Tesla Has a $500 Billion Artificial Intelligence (AI) Opportunity. Here's Why.

The Motley Fool

Tesla (NASDAQ: TSLA) kicked off third-quarter earnings season a few weeks ago. CEO Elon Musk spent most of the earnings call speaking about the company's exploration of artificial intelligence (AI) and supercomputing. However, it seems like Wall Street analysts were more concerned with the company's financial health than his comments. The combination of rising interest rates, inflation, and aggressive price cuts have indeed led to meaningful deterioration in Tesla's margins and overall profitabi