The Motley Fool

JULY 31, 2024

After years of struggle, SoundHound AI (NASDAQ: SOUN) seems to have found its place in the tech industry. As the company settles on becoming a leader in voice recognition software, it has won contracts from various companies and an investment from AI chip leader Nvidia. Despite those successes, SoundHound faces ongoing losses and significant difficulties on the financial side of the business.

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American Investment Council

JULY 18, 2024

Maloney : “Strong private equity returns ensure that tens of millions of dedicated public servants can depend on a well-funded pension to support their well-deserved retirement.” Washington, D.C. – Today, the American Investment Council released its 2024 public pension study showing that private equity once again delivered the strongest returns for public pension portfolios.

Returns 140

Returns Pension Funds Consulting Consultants 140

A Wealth of Common Sense

JULY 21, 2024

Hendrik Bessimbinder has produced some of my favorite stock market research. Bessimbinder discovered that four out of every seven stocks in the U.S. have underperformed cash (one-month T-bills) since 1926. And just 4% of companies accounted for all the wealth gains for the entire stock market in that time. The stock market runs on power laws over the long run.

Stock Market 140

Stock Market Stock Market Accounting Companies 140

The Big Picture

JULY 7, 2024

@TBPInvictus here If you’re tired of California-minimum-wage-and-its-impact-on-limited-service-restaurant-employment stories, I understand. Leave this page immediately. I’m tired of it, too, but some stories are so factually challenged that they demand a response. So, allow me to address a hot mess of a story that appeared recently in the California Globe.

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FinSMEs

JULY 10, 2024

Hayden AI Technologies, Inc., a San Francisco, CA-based company which specializes in vision AI solutions for smart cities, raised $90M in Series C funding. The round was led by The Rise Fund, with participation from Drawdown Fund and Autotech Ventures, among others. The company intends to use the funds to accelerate its research, development and […] The post Hayden AI Raises $90M in Series C Funding appeared first on FinSMEs.

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Funds Companies 124

Top 1000 Funds

JULY 28, 2024

The Thinking Ahead Institute collaborated with the Future Fund and 25 other asset owners in an in-depth exploration of asset owner practices, the TAI Asset Owner Peer Study. These asset owners were carefully chosen for their robust governance, substantial size, and global perspectives.

Assets 111

Assets Funds 111

Mr. Money Mustache

JULY 23, 2024

– “I used to read Mr. Money Mustache” , some people say these days, “Until he got all rich and fancy so that he no longer understands the common person’s plight. Stash probably doesn’t even practice any of these money-saving things he preaches any more!” When I read things like this, I can’t help but laugh. Because on the one hand, when you put a bunch of personal life details online like this, being misunderstood is just part of the package.

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Depreciation Education Finance Financing 105

A Wealth of Common Sense

JULY 14, 2024

Here’s a scenario I was presented with recently: Five years ago, a relatively conservative investor was sitting on some cash and seeking a more balanced portfolio. To keep things simple, this investor split the difference between stocks and bonds by allocating 50% to equities and 50% to fixed income. Five years later there is a clear winner in terms of performance within this 50/50 portfolio: You basically doubled.

Portfolios 126

Portfolios Investors 126

Walkner Condon Financial Advisors

JULY 30, 2024

Walkner Condon Financial Advisors recently had the honor of being selected for the USA Today/Statista “Best Financial Advisory Firms in the US” as the #18 best firm nationally and #1 in Wisconsin.

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FinSMEs

JULY 31, 2024

Ema, a San Francisco, CA-based generative AI company creating the universal employee of the future, added $36M to its Series A funding which now totals $50M. The round was led by Accel and Section 32 with participation from Prosus Ventures, Sozo Ventures, Hitachi Ventures, Wipro Ventures, SCB 10X, Colle Capital and Frontier Ventures. The company, which has […] The post Ema Adds $36M to Series A Funding appeared first on FinSMEs.

Funds 116

Funds Capital Companies 116

Top 1000 Funds

JULY 1, 2024

As AIMCo prepares to beef up its private credit team in New York, CIO Marlene Puffer explains how she plans to scale the allocation, as well as describing a new total portfolio approach to private markets, and the investor's new approach to risk management

Portfolios 105

Portfolios Investors Assets Investing 105

The Motley Fool

JULY 31, 2024

Arguably no trend has been hotter on Wall Street over the last year and change than artificial intelligence (AI). Put simply, AI allows software and systems to oversee tasks that would normally be assigned to humans. The game-changing growth potential AI brings to the table has everything to do with software and systems being able to learn without human intervention.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Portfolios Initial Public Offering Investing 246

Private Equity Wire

JULY 31, 2024

Johannesburg-based Westbrooke Alternative Asset Management raised £15m (ZAR350m) in Q2 2024 for its flagship private credit fund, Westbrooke Yield Plus, according to a report by FAnews. The private credit fund also removed initial lock-in periods during Q2. The report quotes Dino Zuccollo, head of investor solutions at Westbrooke: “Westbrooke Yield Plus now boasts a six-year track record of performance and has never had a down month.

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Funds Asset Management Assets Capital 97

A Wealth of Common Sense

JULY 7, 2024

I’ve been writing about the housing market for years now. It fascinates me to no end because housing is one of the most important decisions from a personal and financial perspective. In recent years, much of my focus has been on how broken the residential housing market is. Higher prices and mortgage rates have driven housing affordability to levels we’ve never seen before in the United States.

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Financial Times - Banking

JULY 15, 2024

US investment bank’s results were also helped by stronger performance from its equities and fixed income businesses

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Investing 110

FinSMEs

JULY 24, 2024

Promptfoo, a San Francisco, CA-based open-source LLM testing company, raised $5M in Seed funding. The round was led by Andreessen Horowitz with participation from Tobi Lutke (CEO, Shopify), Stanislav Vishnevskiy (CTO, Discord), Frederic Kerrest (Vice-Chairman & Co-Founder, Okta), and many other top executives in the technology, security, and financial industries.

Funds 117

Funds Companies 117

Financial Times M&A

JULY 17, 2024

Group behind CNN and HBO has discussed options including spin-off of its streaming service and movie studio

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The Motley Fool

JULY 31, 2024

The Russell 2000 features approximately 2,000 of America's smallest listed companies. At Tuesday's close, the index has surged by a whopping 10.3% since July 1, crushing the widely followed S&P 500 , which is trading flat since then. Investors are predicting the U.S. Federal Reserve will cut interest rates three times before the end of 2024 thanks to favorable inflation and unemployment data.

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Assets Portfolios Returns Debt 246

Private Equity Wire

JULY 29, 2024

Private equity major Apollo Global Management has made a significant investment of $700m in Sony Music Group, providing its clients with another opportunity to access “high-grade” alternative assets, according to a report by Reuters. Apollo did not disclose the specific terms of the deal with Sony, which represents artists such as Lil Nas X and Celine Dion.

Investing 97

Investing Assets Investment Firms Investors 97

A Wealth of Common Sense

JULY 26, 2024

There’s an old saying that people don’t attend church on Sundays expecting to hear an eleventh commandment. You go to reinforce what you’ve already learned or learn it all over again. And so it is with the basic principles of finance. Jason Zweig once wrote the following: My job is to write the exact same thing between 50 and 100 times a year in such a way that neither my editors nor my readers will ever.

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Finance Financing 116

Financial Times: Moral Money

JULY 15, 2024

The venture capitalist discusses his latest big bets

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Investors 106

FinSMEs

JULY 24, 2024

Vijil, a Menlo Park, CA-based company delivering AI agents to enterprises, raised $6M in Seed funding. The round was led by AIStart seed fund and Gradient Ventures. The company intends to use the funds to expand operations and its business reach. Led by CEO Vin Sharma, Vijil is helping enterprises build and operate AI agents […] The post Vijil Raises $6M in Seed Funding appeared first on FinSMEs.

Funds 117

Funds Companies 117

Financial Times M&A

JULY 18, 2024

Facebook owner considers multibillion investment in European eyewear group to expand smart glasses partnership

Stakes 110

Stakes Investing 110

The Motley Fool

JULY 31, 2024

The S&P 500 and Nasdaq Composite are still up big on the year. But a pullback in mega-cap growth stocks, including the "Magnificent Seven, " has sent the major indexes down. Tesla is in the negative year to date, while Nvidia is down over 10% in the last month. Despite the sell-off in these popular names, there could be even better stocks out there to buy now.

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Prospects Taxes Debt Capital Investments 246

The Big Picture

JULY 11, 2024

@TBPInvictus here: The most recent Employment Situation Summary a/k/a “jobs report” a/k/a NFP showed a healthy gain in jobs, albeit with some meaningful downward revisions to prior months. It also showed an unemployment rate of a still-low 4.1%. That rate is calculated by taking the unemployment level (Numerator) and dividing it by the labor force (Denominator).

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A Wealth of Common Sense

JULY 12, 2024

Charley Ellis wrote a great book about the index fund revolution back in 2016. One of my favorite parts of the book is where Ellis looks at how Wall Street has changed in the past 50 years: MBAs were uncommon. PhDs were never seen. Commissions still averaged 40 cents a share. All trading was paper based. Messengers with huge black boxes on wheels, filled with stock and bond certificates, scurried from broker to broker tr.

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Stock Market Stock Market Funds 115

The Motley Fool

JULY 31, 2024

Image source: Getty Images As a bespectacled American, I have spent many, many hours of my life in optical centers and ordering glasses and contacts. There's not really anything fun about it. But as it turns out, Costco has its own optical center, which I literally did not realize until I started researching this article. The good news is that these optical centers have a lot of perks that many Costco members have no idea about.

Companies 246

Companies Finance Financing 246

The Motley Fool

JULY 31, 2024

The rise of artificial intelligence (AI) has led to massive stock gains for some companies. In a few cases, the increase was so significant that it prompted a company to initiate a stock split. Admittedly, the stock split may have happened for a variety of reasons, including an attempt to avoid the appearance of overvaluation. Nonetheless, when accounting for factors such as the business, growth rates, and valuation, one stock-split stock stands out as an excellent buy.

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Initial Public Offering Shareholders Finance Financing 246

The Motley Fool

JULY 31, 2024

Will 2025's Social Security cost-of-living adjustment (COLA) be a generous one? That's looking less and less likely by the day. The good news is that the current 2.63% COLA estimate for 2025 is higher than previous ones from earlier in the year. The bad news is that next year's COLA is shaping up to be considerably smaller than 2024's. Given that this year's COLA was a big step down from 2023's, it doesn't paint the most comforting picture for Social Security recipients.

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The Motley Fool

JULY 31, 2024

Image source: Getty Images I've used Facebook Marketplace, an online marketplace for used goods, to clean out my college dorm and sell things too delicate to ship. The marketplace connects sellers with millions of buyers through Facebook, and you can sell locally for zero fees. It's made me hundreds. My brother used it to make $10,000 in three months by reselling exercise equipment.

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Accounting Finance Financing 246

The Motley Fool

JULY 31, 2024

It can feel overwhelming to figure what stocks to buy (or sell), and for that matter, which ones offer the most upside. But making the right choices is a lot easier when you know where to look for the best information. Most companies, but not all, host quarterly earnings calls with Wall Street analysts to talk about what happened in the recent quarter and what to expect in the year ahead.

Stock Market 246

Stock Market Stock Market Investors Returns 246

The Motley Fool

JULY 30, 2024

Image source: Getty Images I shop at Costco on a weekly basis. This is necessary for my household, since we're constantly running out of products like milk, produce, and snacks (especially, ahem, the snacks). But I like to time my Costco runs strategically to when my minivan's gas tank is getting low. Buying gas at Costco commonly saves me money compared to the cost of filling up elsewhere.

Accounting 246

Accounting Finance Financing 246

The Motley Fool

JULY 30, 2024

There has been an ongoing rotation in the stock market, and one of the losers has been previously high-flying Nvidia (NASDAQ: NVDA). Shares of the leading artificial intelligence (AI) chip and software maker continued to drop on Tuesday. Today, shares fell more than 8% before paring some of that drop. At the intraday low of about $102.5 per share, the stock was down more than 25% from its recent June intraday high of more than $140.

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Stock Market Stock Market Returns Investors 246

The Motley Fool

JULY 30, 2024

Image source: Getty Images More people are embracing the freelance lifestyle. According to a study by Upwork, 64 million Americans performed some freelance work in 2023. Doing freelance work, whether part-time or as a full-time business venture, could help you increase your income. If you're new to freelancing, you may wonder what to charge for your work.

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Taxes Finance Financing Accounting 246