Sun.Jul 16, 2023

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The Bad News About Social Security's 2024 Cost-of-Living Adjustment (COLA)

The Motley Fool

The fiercest inflation in four decades tore through the U.S. economy in 2022, and the rising cost of gas, groceries, and monthly utilities put many Americans in a difficult financial position. But retired workers on Social Security were hit especially hard, because the 5.9% cost-of-living adjustment (COLA) applied to benefits last year failed to offset inflation.

Prospects 246
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Leverage Raises $7M in Funding

FinSMEs

Leverage, a New York-based provider of an end-to-end supply chain visibility platform, raised $7M in funding. The round was led by Chicago Ventures, with participation from Las Olas Venture Capital, Remarkable Ventures, Tensility and Florida Funders. The company intends to use the funds to accelerate product development to support its global customer base.

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Netflix Stock: These Analysts Are Extremely Bullish Headed Into Earnings

The Motley Fool

As earnings season ramps up, this week's roster of quarterly updates will importantly feature streaming service specialist Netflix (NASDAQ: NFLX). Investors will be looking for insight into some important catalysts that seem to be picking up steam recently. The market's high hopes for the company as of late are in stark contrast to the sentiment one year ago, when shares were trading at less than half of their current value.

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FononTech Raises €2.3M in Seed Funding

FinSMEs

FononTech, an Eindhoven, Netherlands-based micro-electronics manufacturing company, raised €2.3M in Seed funding. This first round was made possible through convertible loans of the TTT Smart Industries Fund, SHIFT Invest, Brabantse Ontwikkelingsmaatschappij (BOM), the Brabant Startup Fonds (BSF) and renowned investor Sake Bosch. Rabobank has also granted a loan.

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3 Steps to Claiming the $4,555 Max Monthly Social Security Benefit

The Motley Fool

It was never intended to be the entirety of your retirement income. Still, for most people, Social Security benefits are an important source of cash in their golden years. And for a lucky few, it can be a relatively rewarding government-run program, with monthly checks as high as $4,555 this year after the recent adjustment for inflation. But how does one cash in to this degree?

Prospects 246
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Shardeum Closes $5.4M Funding Round

FinSMEs

Shardeum, an EVM-based layer-1 blockchain company deploying dynamic state sharding, raised $5.4M in funding. The round saw participation from Amber Group, Galxe, J17 Capital, TRGC, Jsquare, Bware Labs, Tané Labs, Hyperithm Group, Luganodes, Blockchain Ventures Hub, CryptoViet Ventures, Blue7, and more. The company intends to use the funds to expand operations and its development efforts. […] The post Shardeum Closes $5.4M Funding Round appeared first on FinSMEs.

Funds 97

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Sound Raises $20M in Series A Funding

FinSMEs

Sound, a San Francisco, CA-based Web3 music platform provider, raised $20m in Series A funding. The A round was led by a16z crypto, with participation from Palm Tree Crew, Scalar Capital, A Capital, Collab + Currency, Sound Ventures, Coop Records, Archetype, Crush Ventures, Coinbase, Snoop Dogg, Ryan Tedder, Tay Keith, Paul Rosenberg amongst others.

Funds 96
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Jamie Dimon Says Hedge Funds Are "Dancing in the Streets" as Regulators Prepare to Jack Up Bank Capital Requirements

The Motley Fool

JPMorgan Chase 's (NYSE: JPM) CEO Jamie Dimon has not been shy about how he feels about regulatory capital requirements. Not only does Dimon find the requirements to be nonsensical, but he also doesn't think they are in the best interest of the banking system or consumers. With regulators preparing to finally implement the last remaining capital requirements first inspired by post-Great Recession banking reform, known as Basel III Endgame, banks are bracing for higher capital requirements.

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Primal Raises $1M in Seed Funding

FinSMEs

Primal, a technology company leveraging open-source communication protocols to give users back agency online, raised $1M in seed funding. The round was led by Ten31 with participation from Hivemind, and others. Led by Miljan Braticevic, CEO, Primal announced the launch of its flagship social media application, which, built on the Nostr protocol, is designed for complete freedom of expression without […] The post Primal Raises $1M in Seed Funding appeared first on FinSMEs.

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Does Cathie Wood Have Her Hands on the Next Big Semiconductor Stock?

The Motley Fool

Ark Invest, which is led by CEO Cathie Wood, has been pouring money into semiconductor stocks lately and has made another notable purchase. According to portfolio updates published by the firm yesterday, Wood's company has increased its investment in Quantum-Si (NASDAQ: QSI) -- a small-cap biotech with a specialized, chip-based platform for protein sequencing.

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Bluesky Raises $8M in Seed Funding

FinSMEs

Bluesky, a US public benefit corporation with the mission to develop and drive large-scale adoption of technologies for open and decentralized public conversation raised $8M in seed funding. The round was led by Neo, with participation from Joe Beda, Bob Young, Amjad Masad, Amir Shevat, Heather Meeker, Jeromy Johnson, Automattic, Protocol Labs, Sarah Drasner, Katelyn Donnelly, […] The post Bluesky Raises $8M in Seed Funding appeared first on FinSMEs.

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Should You Start a Threads Account for Your Small Business?

The Motley Fool

Image source: Getty Images It's only a few weeks since Threads launched, and already it's made quite a splash. It passed the 100-million-user mark in its first five days, according to a Threads post from Meta CEO Mark Zuckerberg. But there are only so many hours in the day. And as a small business owner, you may not want to use precious hours to get to grips with every new program, app, or piece of software.

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How to Make Money Fast: 10 Real Ways to Make Money Quickly

Entrepreneur - VC

Want to make extra money ASAP? Check out this breakdown of 10 ways to make money fast to get inspired and start earning quickly.

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Tesla Has Skyrocketed by $532 Billion in Value This Year: Here's What Investors Need to Know Now

The Motley Fool

Tesla (NASDAQ: TSLA) keeps reporting huge delivery growth, and a strong run for the stock has investors feeling very bullish. But it's also building up excess inventory, and cut prices by tens of thousands of dollars per car earlier this year. In this video, Motley Fool contributors Jason Hall and Tyler Crowe take a closer look at what we know, and explain what we don't know yet but will learn about when Tesla reports earnings in a few days.

Investors 246
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Quit selling to reach Top of the Table

Million Dollar Round Table (MDRT)

By Mark J. Hanna, CLU, ChFC I quit selling when I realized that being an insurance agent and financial advisor is a profession of results. It doesn’t matter how many phone calls you make or how many appointments you go on if you’re not seeing results. Succeeding is more about technique and strategies than it is about product. Clients don’t care about the product.

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Surprise! Connected TV Is Dominating Global Advertising. That's Great News for The Trade Desk and Roku.

The Motley Fool

The proliferation of connected TV (CTV) continues and shows no signs of slowing. This broad category counts a growing list of devices television viewers use to connect to streaming services. It includes connected smart TVs, set-top boxes and dongles by Roku (NASDAQ: ROKU) , Amazon 's Fire TV, Chromecast from Alphabet , or Apple TV. Viewers also use connected video game systems and Blu-ray players to access their favorite streaming platforms.

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Make Your Office More Eco-Friendly — and Save Money —With These Steps Toward Sustainability

Entrepreneur - VC

Entrepreneurs and business leaders can play a pivotal role in advancing the green building movement by transforming their offices into sustainable workspaces. Through these actionable steps, businesses can contribute to environmental sustainability while reaping benefits such as cost savings and improved workplace health.

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Up 17% in 2023, Is It Safe to Invest in the S&P 500 Right Now?

The Motley Fool

Last year, the S&P 500 , which is a stock index that tracks the 500 largest publicly traded companies in the U.S., declined 19%. This was the index's worst performance since 2008, a period that was characterized by the Great Recession that followed the subprime mortgage bust. It's been a different story in 2023, though. Investors seem to be much more optimistic.

Investing 246
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Good News-Bad News About the Economy

A Wealth of Common Sense

The hard part about markets and the economy is that there are often conflicting signals about what’s going on. Even when things are good there are ominous signs about impending doom. And even when things are bad there are promising signs of impending improvement. I would describe the current situation as much better than expected considering the circumstances but there are still plenty of risks on the horizon.

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5 Little-Known Perks of Costco Travel

The Motley Fool

Image source: Getty Images Many shoppers invest in a Costco membership to get a discount on everyday household essentials and groceries. But did you know that a Costco membership can also unlock travel discounts? If you enjoy traveling and like getting a good deal, you can save on your next vacation with Costco Travel. I'll outline some little-known perks you can enjoy when using Costco Travel to help you get the most out of your warehouse club membership. 1.

Financing 246
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RealDefense Acquires Support.com

FinSMEs

RealDefense, a Pasadena, CA-based company specializing in consumer security, privacy, and productivity software and support services, acquired Support.com, a Pasadena, CA-based company which specializes in remote technical support, from parent company Greenidge Generation Holdings. The amount of the deal was not disclosed. The acquisition includes Support.com’s customer base, call center operations, and related domain names, […] The post RealDefense Acquires Support.com appeared firs

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6 Things You Definitely Shouldn't Do While Planning for Retirement

The Motley Fool

Retirement planning is no day at the beach. But it doesn't have to be a miserable experience either. It usually just takes a little thought, a little time, and then a lot of automated action (like payroll deductions and dollar-cost averaging). Then, you occasionally check in on your plan to ensure it still makes sense for you, and that you're still on track.

Taxes 246
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Botanica Raises $9M in Series B Funding

FinSMEs

Botanica, a Seattle, WA-based makers of Mr. Moxey’s and Journeyman cannabis-infused edibles, raised $9M in Series B funding. The round was led by KEY Investment Partners and GreenAxs Capital. Other firms participating in the round included Entourage Effect Capital and AFI Capital Partners. In conjunction with the financing, Tiby Erdely of KEY will be joining Botanica’s Board of Directors.

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Got $100? Buy This Dominant Tech Stock and Hold it Until 2030

The Motley Fool

When a company has absolutely dominated a market for decades, you can be sure that it has some significant competitive advantages. That's certainly the case for networking hardware provider Cisco Systems (NASDAQ: CSCO). While the company's market share has eroded a bit over the years, Cisco remains the undisputed leader in its core markets. Cisco controlled 43.3% of the Ethernet switch market by revenue in the first quarter, according to IDC, along with 35.1% of the combined service provider and

Companies 246
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BigScoots Receives Investment From Stone-Goff Partners

FinSMEs

BigScoots, a Chicago, IL-based value-added managed hosting service provider, received an investment from Stone-Goff Partners. The amount of the deal was not disclosed. The company intends to use the funds for the continued development of service offerings, establishing formal channel partnerships, expansion of its team, improvement of efficiencies and automations, and pursuit of complementary M&A. […] The post BigScoots Receives Investment From Stone-Goff Partners appeared first on Fin

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1 Unstoppable Stock That Could Join Apple, Microsoft, Nvidia, Amazon, and Alphabet in the $1 Trillion Club

The Motley Fool

Fool.com contributor Parkev Tatevosian highlights one tremendous stock that could surpass the coveted milestone in the near term. *Stock prices used were the afternoon prices of July 13, 2023. The video was published on July 15, 2023. Find out why Tesla is one of the 10 best stocks to buy now Our analyst team has spent more than a decade beating the market.

Returns 246
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ProcessUnity and CyberGRX Merge

FinSMEs

ProcessUnity, a Boston, MA-based provider of cloud-based applications for third-party risk and cybersecurity risk management, acquired CyberGRX, a Denver, CO-based third-party risk Exchange company. The amount of the deal was not disclosed. Under the terms of the transaction, ProcessUnity and its investors acquired CyberGRX, whose existing shareholders participated in the deal and will retain a minority stake.

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If You Invested $3,000 in Tilray Brands In 2020, This Is How Much You Would Have Today

The Motley Fool

Tilray Brands (NASDAQ: TLRY) has been one of the hottest marijuana stocks of the past few years, and so it's a no-brainer why investors are wondering about its actual performance. If you're like most investors, you're probably tired of hearing the standard disclaimer that past performance is no guarantee of future returns. But with Tilray specifically, there are at least a few lessons to learn from looking back, so let's dive in.

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Phreesia Buys MediFind

FinSMEs

Phreesia, a Wilmington, DE-based company which specializes in patient intake, outreach and activation, acquired Comsort, Inc. d/b/a MediFind, a Baltimore, MD- and Philadelphia, PA-based health technology company. The amount of the deal was not disclosed. With the acquisition, Phreesia will expand its offerings. Led by CEO Patrick Howi, MediFind is a data science and consumer-centric […] The post Phreesia Buys MediFind appeared first on FinSMEs.

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Got $5,000? These 2 Growth Stocks Are Trading Near Their 52-Week Lows

The Motley Fool

If you were to peruse a list of stocks trading near 52-week lows, you'd likely find a bunch of bad businesses. Indeed, I struggled to find any that would be worthy of a $5,000 investment. In short, investors should approach poorly performing stocks with a healthy dose of skepticism. They're probably down for good reason. However, it's sometimes still possible to find promising growth stocks trading near lows.

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Cakewalk Raises €3M in Funding

FinSMEs

Cakewalk, a Berlin, Germany-based SaaS Identity & Access Management for SMBs solution that helps companies to regain control over the software applications they use, raised €3m in funding. The round, announced in June 2023, was led by Fly Ventures with participation from Seedcamp, Possible Ventures and business angels. Founded in 2022 by Johannes Keienburg, Gil Roeder, and […] The post Cakewalk Raises €3M in Funding appeared first on FinSMEs.

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2 Exceptional Dividend Growth Stocks to Buy Near 52-Week Lows

The Motley Fool

It's only July, but 2023 has already been a terrific year for most stocks. The benchmark S&P 500 index is up more than 17% since the end of 2022. While this has been a great year for most of the stocks already in our portfolios, it's getting harder to find shares of reliable businesses to buy at reasonable valuations. The average stock in the Dow Jones Industrial Average is trading at nearly 23 times trailing earnings.

Debt 246
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Mark Hawkins Moines Joins NEA as Venture Partner

FinSMEs

Global venture capital firm New Enterprise Associates added veteran finance organization leader Mark Hawkins as a Venture Partner in its Menlo Park office. Hawkins, who most recently served as President and CFO Emeritus of Salesforce, brings more than 35 years of experience in building and leading finance organizations at some of the world’s largest software and technology companies.

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2 Nasdaq Stocks That Could Soar This Week

The Motley Fool

BridgeBio Pharma (NASDAQ: BBIO) and Roivant Sciences (NASDAQ: ROIV) are two biotech companies that have been generating a lot of buzz lately. Both companies have promising pipelines of experimental drugs that target areas of unmet medical need, and both have upcoming catalysts that could boost their share prices significantly. Here's why you should keep an eye on these two innovation-driven growth stocks this week.

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