August, 2023

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Why Did This Cathie Wood Stock Soar 24% on Tuesday?

The Motley Fool

Ginkgo Bioworks (NYSE: DNA) focuses on synthetic biology. In short, it builds platforms to program cells as easily as programming a computer. On Tuesday, Gingko stock soared 24% after the company partnered up with Alphabet 's Google Cloud to build next-generation artificial intelligence (AI) platforms for biological engineering and biosecurity. *Stock prices used were from the trading day of Aug. 29, 2023.

Returns 264
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KSL Capital acquires in a $1.4bn deal the owner of 25 U.S. luxury hotels

Private Equity Insights

Private equity firm KSL said on Monday it intends to buy Hersha Hospitality Trust , the owner of 25 U.S. lifestyle and luxury hotels, in an all-cash transaction worth about $1.4bn. The move would take private Hersha at an approximately 60% premium to the real-estate investment trust’s closing stock price on Friday. The deal is slated to close by year-end after shareholders okay the move.

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Alias Technologies Raises $3M In Seed Funding

FinSMEs

Alias Technology, a San Francisco, CA-based applied AI company creating social media applications leveraging generative media and multi-modal AI systems, raised $3M in Seed funding. The round was led by Khosla Ventures, and joined by Next Coast Ventures, Maveron, Peter Thiel, Joe Lonsdale, and WS Investments, among others. The company intends to use the funds […] The post Alias Technologies Raises $3M In Seed Funding appeared first on FinSMEs.

Funds 135
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Panda Express Will Pay 'Hundreds of Thousands' of Customers in Class Action Lawsuit Over This Common Sneaky Practice — See If You're Owed, Too

Entrepreneur - VC

Panda express is expected to pay customers $1.4 million to settle a lawsuit over hidden "service fee" charges online. Find out if you qualify for payment, here.

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India’s NIIF: A poster child for development finance

Top 1000 Funds

Sujoy Bose played a central role in setting up India's celebrated sovereign development fund, the National Investment and Infrastructure Fund. He explains how NIFF's governance combines a perfect combination of sovereign comfort for investors seeking Indian exposure alongside the discipline and freedom to hunt returns.

Financing 111
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Personal Consumption Expenditures Price Index: +0.2%

The Big Picture

The Fed’s favored inflation report was a 2.1% annualized (3 months through July) and 3.3% year-over-year. Here is BEA: Personal income increased $45.0 billion (0.2 percent at a monthly rate) in July, according to estimates released today by the Bureau of Economic Analysis (table 3 and table 5). Disposable personal income (DPI), personal income less personal current taxes, increased $7.3 billion (less than 0.1 percent) and personal consumption expenditures (PCE) increased $144.6 billio

Taxes 103

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Centene to sell GP clinics and hospitals in exit from UK market

Financial Times M&A

US health insurer faced anti-privatisation protests and hospital integration proved tricky

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IFS to Buy Falkonry

FinSMEs

IFS, a Linköping, Sweden-based global cloud enterprise software company, is to acquire Falkonry, Inc. a Cupertino, CA-based Industrial AI software company that provides automated, high-speed data analysis to the manufacturing and defense industries. The amount of the deal was not disclosed. IFS expects the acquisition of Falkonry to complete in Q4 2023.

Companies 120
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4 Critical HR Mistakes Companies Make That Hurt Their Growth

Entrepreneur - VC

Business success relies on a strong foundation in human resources. Learn these four common missteps that companies make that can get in the way of reaching their full potential.

Companies 124
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VinFast Auto Stock Is Down 50% This Week. Is the Automaker a Buy?

The Motley Fool

VinFast Auto (NASDAQ: VFS) has been stealing the show these past few weeks. The company was worth close to $190 billion at the start of the week, making it the third-most valuable carmaker in the world. Since Monday, the stock is down 50%, and more pain might be on the horizon. In this video, I explain why this stock has soared, why it is crashing, and why I'm not touching it (yet).

Returns 246
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Why Okta Stock Was Soaring Today

The Motley Fool

What happened Shares of Okta (NASDAQ: OKTA) , the identity-for-the-cloud specialist, were moving higher today after the company posted strong results in its second-quarter earnings report. As of 10:52 a.m. ET, the stock was up 12.6%. So what In a challenging environment for software stocks , Okta posted impressive results as management said the macro environment was stabilizing.

Companies 246
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2 Stock-Split AI Growth Stocks to Buy Before They Soar 53% and 135%, According to Wall Street

The Motley Fool

Investors tend to get excited when a company splits its stock, and not just because the end result is a cheaper share price. Instead, a stock split is an implicit indicator of a good business. Only substantial share price appreciation makes a stock split necessary, and companies rarely wind up in that position by chance. Several high-profile stock splits have occurred in the last few years, including: Apple (NASDAQ: AAPL) : 4-for-1 split in August 2020.

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Here's the Average Social Security Retired Worker's Benefit by State

The Motley Fool

Social Security is a key source of financial well-being for millions of Americans. In fact, 88% of retired workers depend on Social Security benefits to some degree, and 82% of current workers believe benefits will be a meaningful source of income when they retire, according to Gallup. Given those statistics, retired workers and current workers alike must know which factors impact their Social Security payments (and which do not).

Taxes 246
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Cathie Wood Says Software Is the Next Big AI Buying Opportunity -- 2 Super Stocks You'll Regret Not Buying If She's Right

The Motley Fool

Cathie Wood is one of the most vocal technology bulls on Wall Street. She's the head of Ark Investment Management, which manages eight exchange-traded funds (ETFs) focused on different segments of the tech sector. The firm has issued some incredibly optimistic forecasts, specifically regarding the potential of artificial intelligence (AI). Ark believes AI could add a staggering $200 trillion in output to the global workforce by 2030, thanks to its ability to speed up everything from computer pro

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Is IonQ's Revolutionary Technology a Risk Worth Taking for Potentially Incredible Returns?

The Motley Fool

Some people have hailed Quantum computing as the future of computing, with the potential to develop solutions to climate change, improve drug discovery, develop new ways to generate and store energy, and so much more. One of the leading companies in this field is IonQ (NYSE: IONQ) , which has made significant breakthroughs in developing quantum computing technology.

Returns 246
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A Bull Market Is Coming: 2 Warren Buffett Growth Stocks Down 29% and 63% to Buy Right Now

The Motley Fool

Warren Buffett has steered Berkshire Hathaway to mind-blowing returns across his tenure as chief executive officer, but he's better known as a value investor than as a high-flying growth-stock enthusiast. On the other hand, the Oracle of Omaha has added some intriguing, forward-looking technology plays to his company's portfolio in recent years. Given the famously successful investor's focus on backing high-quality companies and penchant for identifying long-term market opportunities, the Berksh

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

The Motley Fool

How much you receive in Social Security benefits depends heavily on you. The decisions you make before you retire have significant repercussions later. It's possible to collect up to $4,555 per month in Social Security benefits. But there are three steps you must take to claim this maximum amount. Image source: Getty Images. 1. Work for at least 35 years Let's start with what's probably the easiest prerequisite to collecting the maximum monthly Social Security benefit.

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Is Snowflake a Top AI Stock to Buy Now?

The Motley Fool

Unlike many investment trends, artificial intelligence (AI) investing spans multiple industries. There are hardware investments, software companies, and end-use opportunities to take advantage of, but one company often discussed is Snowflake (NYSE: SNOW). Snowflake is a software company that gives its users the ability to handle large data sets, a key part of the AI value chain.

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Warren Buffett Turns 93 Today: Here's His Best Investing Advice Ever

The Motley Fool

Warren Buffett turns 93 today. He was born on Aug. 30, 1930, in Omaha, Nebraska, where he still resides. Through the years, Buffett has built Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) into one of the biggest companies in the world, and he has become one of the wealthiest people in the world. He continues to be a great source of wisdom for investors.

Investing 246
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These 7 States Offer Free Breakfast and Lunch to K-12 Students

The Motley Fool

Image source: Getty Images Food insecurity is a serious issue that impacts millions of people worldwide, including right here at home. Nearly 34 million Americans lived in food-insecure households in 2021, according to the U.S. Department of Agriculture (USDA). In addition to adults, millions of children are impacted. Several U.S. states are taking action to ensure children get the food they need.

Education 246
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Kellogg's Good Company/Bad Company Spin-Off Is Tough to Swallow

The Motley Fool

Realty Income (NYSE: O) did it, and so did International Business Machines (NYSE: IBM). So, on the surface, Kellogg (NYSE: K) isn't unique in my portfolio. But the difference with Kellogg is that the iconic food maker's good company/bad company spin-off is likely to lead to a major adjustment in both the business and the dividend policy. I'm thinking about selling the stock so I'm not left with a bad business and a reduced income stream.

Companies 246
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Is Costco Successfully Managing the Trade-Off Between Dividends and Growth?

The Motley Fool

Costco Wholesale Corporation (NASDAQ: COST) , a powerhouse in the retail sector, continues to deliver strong operating results, and positive news on most fronts has many investors wondering if now is the time to get in with shares of the company. Investors may also seek reassurance about the company's equilibrium between dividend distribution and expansion aspirations.

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

The Motley Fool

A retirement plan is vital if you want financial security as a senior. And you don't just need a plan, you need a good plan. And that means there are some mistakes you should avoid as you consider what your future will look like. As you set money goals and figure out how you'll support yourself as a retiree, here are four things you definitely don't want to do during the process.

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3 Dividend Stocks Yielding 6%+ to Buy Hand Over Fist Right Now

The Motley Fool

Some companies built their business models to pay attractive dividends. They generate stable and growing cash flow to support an above-average and steadily rising payout. Clearway Energy (NYSE: CWEN) (NYSE: CWEN.A) , Crown Castle (NYSE: CCI) , and Kinder Morgan (NYSE: KMI) stand out for their dividends. The trio currently offers yields above 6% on payouts they expect to continue growing.

Assets 246
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How Disney Stock Becomes a Multibagger

The Motley Fool

Disney (NYSE: DIS) is going through a number of transitions at once, and the market isn't happy with what it's seeing. But dig a little deeper, and Disney has a solid core and is well positioned for the future of streaming. In this video, Travis Hoium highlights why this could be a multibagger stock. *Stock prices used were end-of-day prices of Aug. 28, 2023.

Returns 246
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Will Microsoft or Apple Win the Race to Be Worth $5 Trillion?

The Motley Fool

Apple (NASDAQ: AAPL) has been the first U.S. company to cross several key valuation thresholds: $1 trillion, $2 trillion, and now $3 trillion. However, Microsoft (NASDAQ: MSFT) has been trailing Apple every step of the way and often crosses these thresholds (except for $3 trillion) not long after Apple does. The road to either company achieving a $5 trillion valuation is likely a way off, but which company has the easier path to accomplishing this goal?

Stakes 246
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1 Cryptocurrency I'd Buy Right Now

The Motley Fool

To say that Bitcoin (CRYPTO: BTC) is in a bull market would be slightly premature, yet at the same time its gain of almost 70% in 2023 makes the depths of the bear market feel like an eternity ago. As Bitcoin tries to shake off a brutal crypto winter, it can be challenging to discern its current position. But with some added historical context, it becomes evident that investors typically have the most to gain when Bitcoin seems to be in limbo.

Returns 246
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1 Unstoppable Artificial Intelligence (AI) Stock to Buy Hand Over Fist Before It Joins the $3 Trillion Club

The Motley Fool

Nvidia (NASDAQ: NVDA) has more than tripled in value in 2023, and investors who bought shares of the chipmaker at the end of last year are now sitting on massive gains of 237%. That huge price jump probably has some investors asking if it is too late to buy into this high-flying semiconductor stock. After all, Nvidia stock is now trading at a whopping 113 times trailing earnings and 36 times sales.

Companies 246
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If You'd Invested $1,000 in SoFi 1 Year Ago, This Is How Much You Would Have Today

The Motley Fool

Traditional banking has been forever disrupted by fintech challengers that offer easy-to-use digital services, often at much lower fees. Established banks have all tried to adopt the new model and stay relevant in this new world of digital financial services, and the consumer has benefited in many ways. SoFi Technologies (NASDAQ: SOFI) is one of the most popular online financial services providers, and while its performance has been largely positive, its stock price has been volatile.

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If I Were Starting My Stock Portfolio From Scratch, This Amazing AI Stock Would Be My First Buy

The Motley Fool

If I had to start my investment portfolio over from square one, my first pick would be a world-class innovator and a pillar of stability. Just in case I never got around to filling out that portfolio with a deeply analyzed set of diverse stock picks, the initial pick should be able to weather dramatic changes in the global economy and its specific target markets.

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Do Retirees Still Need an Emergency Fund Even Though They Aren't Depending on a Paycheck?

The Motley Fool

Image source: Getty Images You probably know that you should have emergency money in a high-yield savings account. The common advice is to save up three to six months of living expenses in case of unexpected surprise costs. One of the big reasons why people need money saved for emergencies is to be prepared for a potential cut in income that could come from a job loss or a reduction in hours.

Funds 246
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3M Stock Pops After Agreeing to Pay Over $5 Billion in Earplugs Settlement. Why Are Investors Liking the News?

The Motley Fool

News of a multibillion-dollar settlement might not seem likely to drive a stock higher, but that's exactly what happened to 3M (NYSE: MMM) on Monday. According to Bloomberg, the company has agreed to pay more than $5.5 billion to put to rest long-standing litigation accusing it of selling faulty earplugs to the U.S. military. The agreement will resolve more than 300,000 lawsuits from individuals impacted by the earplugs. 3M would reportedly pay out the sum over a five-year period, though the dea

Legal 246
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Is Tesla Stock on Its Way Back to $300?

The Motley Fool

Longtime Tesla (NASDAQ: TSLA) shareholders know how volatile its stock can be. After reaching its peak price of about $410 per share, it tumbled last year along with many other technology and growth stocks. But shares have rebounded in 2023, nearly getting back to $300 per share in mid-July. After a month-long decline that took it back down to around $215, the stock is marching higher again.

Debt 246
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3 Reasons to Seriously Consider Using a Living Trust to Pass an Inheritance to Your Family

The Motley Fool

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. If you're at the point in your life where you're seriously looking at your final wishes, you may well find yourself deciding whether to use either a living trust or a will as the main vehicle for distributing your assets when the time comes.

Legal 246