Mon.Jun 10, 2024

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3 Staples of Boomer Money Advice You Can Safely Ignore

The Motley Fool

Image source: The Motley Fool/Upsplash I have a great deal of love and respect for the baby boomers in my life -- which includes my parents. Over the years, they've imparted a lot of solid wisdom and advice, and I'm grateful for it. I have never regretted arriving early for a job interview, for example. (Thanks, Mom!) But times have changed, and the world they grew up in is long gone.

Education 246
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Continuity Raises €10M in Series A Funding

FinSMEs

Continuity, a Paris, France-based provider of an AI-powered risk detection platform for professional and commercial insurers, raised €10M in Series A funding. The round was led by 115K with participation from Elaia and Bpifrance. The company intends to use the funds to expand operations and its development efforts. Led by Benoît Pastorelli, CEO, Continuity provides […] The post Continuity Raises €10M in Series A Funding appeared first on FinSMEs.

Funds 117
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Why Is Everyone Talking About Nvidia's Stock Split?

The Motley Fool

Nvidia 's (NASDAQ: NVDA) stock split may be one of the most talked-about subjects on the planet right now. At least when it comes to financial news. The artificial intelligence (AI) chip giant announced the operation during its earnings report last month and completed it on June 7. And today Nvidia shares start trading at their split-adjusted price.

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FirmPilot Closes $7M Series A Funding Round

FinSMEs

FirmPilot, a Miami, FL-based AI marketing engine for law firms, raised $7M in Series A funding. The round was led by Blumberg Capital and DoubleVerify, with participation from Valor Ventures, SaaS Ventures, FJ Labs, and Connexa Capital. The company intends to use the funds to expand operations and its development efforts. Led by CEO and […] The post FirmPilot Closes $7M Series A Funding Round appeared first on FinSMEs.

Law Firms 113
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Nvidia: The Best Is Yet to Come

The Motley Fool

Over the past 10 years, Nvidia (NASDAQ: NVDA) , the superchip manufacturer, has delivered remarkable returns, significantly outperforming the S&P 500 index. A mere $1,000 invested in Nvidia during this period has ballooned into a mountain of cash exceeding $255,000. In contrast, an equivalent investment in a broad-market exchange-traded fund (ETF), such as the Vanguard S&P 500 ETF , would be worth a far more modest sum of around $3,300 today.

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OnSecurity Technology Raises £5.5M in Seed Funding

FinSMEs

OnSecurity Technology, a Bristol, UK-based cybersecurity company that specialises in Penetration Testing, raised £5.5M in Seed funding. Gresham House Ventures made the investment. The company intends to use the funds to support its plans for rapid growth and innovation, as well as R&D. Led by Conor O’Neill, CEO, OnSecurity is a penetration testing vendor dedicated […] The post OnSecurity Technology Raises £5.5M in Seed Funding appeared first on FinSMEs.

Funds 113

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Nexus Closes $25M Series A Funding Round

FinSMEs

Nexus, a San Francisco, CA-based zero-knowledge cryptography company, raised $25M in Series A funding. The round, which brought the total amount to $27.2M, was co-led by Lightspeed Venture Partners and Pantera Capital, with participation from Dragonfly Capital, Faction Ventures, and Blockchain Builders Fund. The company intends to use the funds to accelerate its go-to-market efforts […] The post Nexus Closes $25M Series A Funding Round appeared first on FinSMEs.

Funds 108
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25 Reasons to Buy Nvidia Stock Now

The Motley Fool

Nvidia (NASDAQ: NVDA) stock has been a superb performer over the short and long terms. The artificial intelligence (AI) chip leader held its initial public offering (IPO) in January 1999, six years after the company was founded. In honor of Nvidia stock turning 25 years old earlier this year, below are 25 reasons -- in no particular order -- to buy it.

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Relay Closes $35M Series B Funding

FinSMEs

Relay, a Raleigh, NC-based provider of a cloud-based communications platform for frontline teams, raised $35M in Series B funding. The round was led by G2 Venture Partners, with participation from existing investors including Wind River Ventures and Sovereign’s Capital. The company intends to use the funds to accelerate its expansion into new markets and accelerate […] The post Relay Closes $35M Series B Funding appeared first on FinSMEs.

Funds 108
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Is Shiba Inu a Millionaire Maker?

The Motley Fool

Shiba Inu (CRYPTO: SHIB) minted some millionaires after its launch on Aug. 1, 2020. The meme coin , which was created as a light-hearted parody of Dogecoin , started trading at just $0.000000000056 per token. Its price soared to an all-time high of $0.000086 on Oct. 27, 2021, but it now trades at about $0.000024. Therefore, a $100 investment on the first day would have blossomed to $153.9 million before shrinking back to about $42.9 million today.

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Bain to acquire edtech PowerSchool in $5.6bn deal

Private Equity Wire

Private multi-asset alternative investment firm Bain Capital is to acquire PowerSchool Holdings, a provider of cloud-based software for K-12 education, in a transaction valuing the business at $5.6bn. Under the terms of the agreement, PowerSchool stockholders will receive $22.80 per share in cash upon completion of the proposed deal. The per share purchase price represents a premium of 37% over PowerSchool’s unaffected share price of $16.64 as of 7 May 2024, the last trading day prior to media r

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3 Artificial Intelligence (AI) Stocks Warren Buffett "Secretly" Owns

The Motley Fool

For the last six decades, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett has been dazzling Wall Street with his investing prowess. Whereas the benchmark S&P 500 has delivered a respectable gain, including dividends, of a little over 35,000% since Buffett took over as CEO, the affably named "Oracle of Omaha" has overseen an aggregate return in his company's Class A shares (BRK.A) of almost 5,000,000%!

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Inovia Capital said to strike $300m for latest growth fundraise, eyes $450m autumn close

AltAssets

Tech-focused early-stage investor Inovia Capital has reportedly reached $300m for the first close of its latest growth equity fund. The post Inovia Capital said to strike $300m for latest growth fundraise, eyes $450m autumn close first appeared on AltAssets Private Equity News.

Capital 96
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1 Ridiculously Cheap Growth Stock Down 73% You'll Regret Not Buying on the Dip

The Motley Fool

Fool.com contributor Parkev Tatevosian reveals one relatively cheap growth stock to consider adding to your portfolio. *Stock prices used were the afternoon prices of June 7, 2024. The video was published on June 9, 2024. Should you invest $1,000 in JD.com right now? Before you buy stock in JD.com, 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 JD.com wasn’t one of them.

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Harlan Capital Partners raises $130m for fifth fund

Private Equity Wire

Harlan Capital Partners, a specialist in opportunistic private credit investments, has held the final close of Private Credit Harlan Special Opportunities Fund V and its associated vehicles, with approximately $130m in capital commitments. According to a press statement, the new fund surpasses its predecessor, HSOF IV, which raised approximately $115m.

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2 Artificial Intelligence (AI) Semiconductor Stocks That Could Join Nvidia in the $1 Trillion Club

The Motley Fool

Nvidia (NASDAQ: NVDA) has emerged as the dominant force in the AI data center chip industry. As big tech ramps up spending on new artificial intelligence (AI) models, Nvidia's cutting-edge graphics processing units (GPUs) have been critical to their needs for rapid computational power. Nvidia commands an estimated 80% of the AI chip market. As a result, its stock price has rocketed higher -- joining the $1 trillion club last summer when it touched $3 trillion in market value on June 5.

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HIG Growth Partners sells CarltonOne to GSAM

Private Equity Wire

HIG Growth Partners, the dedicated growth capital investment affiliate of HIG Capital, has sold portfolio company CarltonOne Engagement, a SaaS engagement and e-commerce platform, to Goldman Sachs Asset Management. Headquartered in Markham, Ontario, CarltonOne creates B2B employee recognition, customer loyalty, rewards and sales/channel incentive programmes.

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Who Owns the Most JPMorgan Chase Stock Besides Jamie Dimon?

The Motley Fool

JPMorgan Chase (NYSE: JPM) has been one of the best-performing bank stocks in recent memory. Over the past decade, shares have risen in value by 250%. Citigroup stock, by comparison, rose by just 27% over that time period. Many investors have gotten rich with JPMorgan stock and it's a popular holding. CEO Jamie Dimon owns 7,700,806 shares, according to the company's 2024 proxy statement, and they are currently worth a cool $1.5 billion.

Banks 245
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Turnspire acquires Swanson Industries and Tiefenbach North America

Private Equity Wire

An affiliate of Turnspire Capital Partners has acquired Swanson Industries, a US provider of manufacturing, remanufacturing, repair and distribution services of mining equipment, hydraulic cylinders and related equipment. The transaction includes Swanson’s controlling stake in Tiefenbach North America, which focuses on hydraulic controls and hose assemblies for mining, energy and industrial applications.

Stakes 92
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What All Retirees Need to Know About Social Security in 2024

The Motley Fool

Whether you are a brand-new retiree in 2024 or have been out of the workforce for a while, there are a few key things that you should know about Social Security this year. Here are four crucial facts to know about your benefits so you don't end up with less money than you expected -- or less than you need. Image source: Getty Images. 1. The average Social Security benefit is just $1,907 The first thing to be aware of is that the average Social Security benefit as of January 2024 was just $1,907

Financing 244
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Faegre Drinker appoints funds partner in London

Private Equity Wire

Faegre Drinker has appointed Michelle Moran as a partner in the law firm’s investment management group in London. Her practice covers all aspects of fund management, including UCITS, hedge funds, private funds and credit funds. Moran previously led the London asset management and investment funds practice at an international law firm. Moran is an advisor to European and American clients on establishing, authorising, managing and distributing retail and institutional investment funds in the

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Prediction: Taiwan Semiconductor Will Be a Trillion-Dollar Company by 2025

The Motley Fool

Few companies are as important to today's world as Taiwan Semiconductor Manufacturing (NYSE: TSM). It produces the chips that go into devices that power artificial intelligence (AI) models, iPhones, and nearly any other application with a microchip. Taiwan Semiconductor is a leading business in this field, but it's not done growing. Currently, Taiwan Semiconductor is valued at $845 billion, making it the ninth-largest company in the world.

Companies 244
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7 Steps to Streamline Your Employee Experience and Help Your Advisory Firms Grow

XY Planning Network

In the dynamic world of advisory firms, the relentless pursuit of operational efficiency and superior client service continues unabated. Recent surveys conducted by our team at Hubly reveal that many firms prioritize "team accountability" above significant concerns such as workflows for money movements, financial planning, or client onboarding. This raises questions about whether these findings reflect broader management trends in advisory firms or point to deeper systemic issues.

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Forget the Stock Split -- These Are the 3 Reasons to Buy Nvidia's Stock Now

The Motley Fool

Nvidia (NASDAQ: NVDA) executed a 10-for-1 stock split after the market close on June 7. The event reduced its trading price from about $1,200 to $120 a share, but that doesn't change any of its underlying fundamentals. The chipmaker still has a market cap of about $3 trillion, but investors can now buy smaller slices of the original shares. Therefore, Nvidia's trading price has declined, but its valuations are exactly the same.

Prospects 243
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How to think about the economics of AI

Top 1000 Funds

The pace of development in artificial intelligence and machine learning is head-spinning. The Fiduciary Investors Symposium heard there are examples from the industrial past that serve as good indicators of how the new technology will be adopted, its likely impact, and both short- and long-term strategies for effective adoption.

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Here's Why Stocks Such as CrowdStrike and KKR Jumped Today, Whereas Stocks Such as Illumina Dropped

The Motley Fool

Shares of cybersecurity specialist CrowdStrike (NASDAQ: CRWD) are hitting all-time highs today after news broke that the company will be added to the S&P 500 on June 24. And CrowdStrike won't be the only company to enjoy the recognition: Investment firm KKR (NYSE: KKR) and website company GoDaddy will also be added to the S&P 500 that day. The S&P 500 is an index of roughly 500 of the biggest, most profitable U.S. companies.

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Private equity groups poised to own one in three top US accounting firms

Financial Times M&A

A wave of talks with financial bidders comes as regulators voice concern about audit quality and ‘tone’

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Why Huntington Bank Stock Dropped 5% on Monday

The Motley Fool

Huntington Bancshares (NASDAQ: HBAN) stock fell 5.3% through 10 a.m. ET on Monday after the company's CFO let slip some disappointing news at a financial conference. Speaking at the 2024 Morgan Stanley US Financials, Payments and CRE Conference this morning, Huntington CFO Zach Wasserman told investors that Huntington's net interest income (NII) this year will probably fall 1% to 4% from a year ago.

Banks 241
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Harlan Capital clears Fund IV total to raise $130m fifth credit investment fund

AltAssets

Private credit investor Harlan Capital Partners has hit a $130m final close for its fifth special opportunities fund, surpassing its predecessor vehicle. The post Harlan Capital clears Fund IV total to raise $130m fifth credit investment fund first appeared on AltAssets Private Equity News.

Capital 70
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Is Now a Golden Opportunity to Buy ASML Stock, With Revenue Set to Jump?

The Motley Fool

Semiconductor equipment manufacturing is a notoriously lumpy business. The companies in this line of business, such as ASML (NASDAQ: ASML) , make the intricate (and expensive) machinery that creates various semiconductor chips, such as Nvidia's graphic processing units (GPUs). The demand for their services varies from year to year, making investing a bit of a cyclical guessing game.

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Talk Your Book: Utilizing Dividends for Income

A Wealth of Common Sense

Today’s Talk Your Book is sponsored by Franklin Templeton On today’s show, we spoke with Chris Floyd, VP and Portfolio Manager for Franklin Templeton Investment Solutions to discuss the Franklin US Low Volatility High Dividend Index ETF On today’s show, we discuss: How rates affect dividend payers Fund-specific rules and objectives Looking at REITs as an income driver Why blue-chip companies continue t.

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Nvidia Just Completed a 10-for-1 Stock Split. Here's What to Look for Next.

The Motley Fool

Nvidia (NASDAQ: NVDA) shares soon will trade at about a 10 th of last week's price -- and for good reason. The company just completed a 10-for-1 stock split, and that's why as of the opening of today's trading session, you can get in on Nvidia stock with a little more than $100 instead of more than $1,000. Stock splits, by offering more shares to current holders, lower the price of each individual share, making it easier for a broader range of investors to buy a particular stock.

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Italian Founders Fund eyes ‘new chapter’ for country’s VC industry after €50m debut fund close

AltAssets

Venture capital investor Italian Founders Fund has raised €50m to close its debut investment vehicle, which will target home-grown and international pre-seed and seed deals. The post Italian Founders Fund eyes ‘new chapter’ for country’s VC industry after €50m debut fund close first appeared on AltAssets Private Equity News.

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Why Artificial Intelligence (AI) Stocks Taiwan Semiconductor and Broadcom Popped, While Advanced Micro Devices Dropped on Monday

The Motley Fool

Much of the broad market rally that began early last year has its origins in the growing potential of artificial intelligence (AI). Indeed, the world is just beginning to grasp the vast opportunity afforded by AI as investors scramble to profit from these next-generation algorithms. Wall Street is doing its level best to stay ahead of the curve, regularly releasing a flurry of new pronouncements.

Prospects 235