July, 2023

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Mubadala-backed Canada Cartage acquires Cam-Scott Transport

PE Hub

Cam-Scott Transport is a Whitby, Ontario-based provider of temperature-sensitive delivery services. The post Mubadala-backed Canada Cartage acquires Cam-Scott Transport appeared first on PE Hub.

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The Broker Who Saved America

The Reformed Broker

You know Hancock and Washington and Franklin and Jefferson. You might even know Greene and Knox, Henry and Hale. And we know you know Hamilton, pretty tough to escape that one these days! But it is very unlikely that you know the name Haym Solomon. This is unfortunate, because he’s the guy who arranged financing to keep the Continental Army alive during its darkest days, finding the money to keep the revolution goin.

Financing 144
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Trending Sources

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Contrarians Are Usually Wrong

A Wealth of Common Sense

I have a hot take that’s been pre-heating in the over for a while that goes like this: The Big Short by Michael Lewis has lost investors more money than the last 3 bear markets combined. Allow me to explain. We’ve all read (or watched the movie) about the band of misfits who made a contrarian bet against the housing market and made a fortune.

Investors 135
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20 topics for your financial blog

Investment Writing

If you feel frustrated by coming up with topics for your financial blog, the journalist’s five Ws and one H can help. Below I share a list of 20 topics inspired by the five Ws and one H. As you brainstorm topics, think about how you can solve problems for members of your target audience. This will make your posts relevant to them. For help with this, read “ WHAT PROBLEM does this blog post solve for them?

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500!

The Big Picture

Today, the 500 th episode of Masters in Business drops. 1 I have described the inspiration for the show as “ an audio version of Market Wizards ” but the actual pitch to Bloomberg was “Mark Maron’s WTF meets Charlie Rose” (that was before we knew about his, um, behavior). It has been a wonderful ride, one that I feel grateful and privileged to be on.

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Is It Too Late to Buy Polestar Automotive Stock?

The Motley Fool

Polestar Automotive (NASDAQ: PSNY) hasn't impressed investors since its public debut last June. The electric vehicle maker went public by merging with a special purpose acquisition company (SPAC), and its stock opened at $12.98 on the first day. But today Polestar's stock trades at about $4. Like many other SPAC-backed EV makers, Polestar drove away the bulls by overpromising and underdelivering.

Investors 130

More Trending

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These Are the Highest Paid CEOs — And 9 Make More Than $100 Million a Year, According to a New Report

Entrepreneur - VC

A new report by C-Suite Comp, examined by the Wall Street Journal, found that nine CEOs took home $100 million or more in total compensation in 2022. See the full list of the highest-paid CEOs, here.

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Is That It For the Housing Market Correction?

A Wealth of Common Sense

There was a viral post on Twitter last week about an Airbnb revenue collapse: Sounds scary. According to Elon Musk’s money pit of a company, this tweet had millions of views. A lot of people wanted this to be true because it would show how fragile the housing market is these days. A crash at last! Alas, there was a follow-up fact-check tweet that called into question the veracity of the Airbnb collapse: I’ve.

Companies 124
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Securing a Mortgage for Your Small Business: What You Need to Know

FinSMEs

For many small business owners, securing a mortgage is a critical step in achieving their growth and expansion goals. Whether you’re looking to purchase commercial property, expand your existing premises, or invest in real estate, understanding the process of securing a mortgage is essential. In this article, we will discuss the key factors you need […] The post Securing a Mortgage for Your Small Business: What You Need to Know appeared first on FinSMEs.

Investing 115
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U.S. Home Price Growth 1983-2023

The Big Picture

Fascinating chart from Visual Capitalist showing the history of housing prices in the United States. I recall the 1990 Home Price recession — I was too broke to afford a condo, but I knew lots of recent grad school friends who took high-paying jobs and bought a place in the 1980s; more than a few were freaked out about falling prices. The issue with rising prices is the ongoing shortage of single-family homes relative to both population and job locations.

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U.S. Money Supply Is Doing Something Not Seen Since the Great Depression, and It May Signal a Big Move to Come for Stocks

The Motley Fool

Who needs a theme park when you have Wall Street. Over the trailing two years, we've watched the ageless Dow Jones Industrial Average (DJINDICES: ^DJI) , widely followed S&P 500 (SNPINDEX: ^GSPC) , and growth-dominated Nasdaq Composite (NASDAQINDEX: ^IXIC) , roar to new all-time highs, plunge into a bear market , and regain their luster, once more.

Banks 126
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Altamont-backed SPG buys packaging firm PPS

PE Hub

SPG is a provider of protective packaging manufacturer in North America. The post Altamont-backed SPG buys packaging firm PPS appeared first on PE Hub.

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The Tale of Two Crypto Super Bowls — How Startups Can Thrive in a Bear Market

Entrepreneur - VC

By focusing on viable products with utility and controlling the narrative, emerging crypto startups can increase their chances of success in an unpredictable crypto market.

Startups 132
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Halfway to the Most Terrible Recession Ever Telegraphed!

Dear Mr. Market

Dear Mr. Market: It is with a sense of awe and intrigue that we find ourselves reflecting upon the first half of 2023. In the world of finance and investment, prognostications and predictions often hold sway, shaping the decisions of market participants. However, it seems that the experts and pundits who were convinced of an impending recession this year may have misjudged the situation.

Investors 111
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Redpanda Data Raises $100M in Series C Funding

FinSMEs

Redpanda Data, a San Francisco, CA-based streaming data platform for developers, raised $100M in Series C funding. The round, which brought the total amount to $165M, was led by returning investors Lightspeed Venture Partners, along with GV and Haystack VC. The company intends to use the funds to expand operations and its business reach to power data-intensive applications with […] The post Redpanda Data Raises $100M in Series C Funding appeared first on FinSMEs.

Funds 115
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More Inflation Expectations Silliness

The Big Picture

This morning, the WSJ reported that “Consumers expect to see 4.1% inflation a year from now, the lowest such reading in two years and down sharply from its recent peak of 6.8%.” There are some who believe this is good news, but as we pointed out in May , it’s a meaningless, lagging survey. In fact, it may be even worse than that, because it appears that some at the Federal Reserve actually believe the Fed’s own survey of consumers contains information.

Investing 122
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Wall Street Expects Nano-X Imaging Stock to Explode by 120%, and Here's Why It Might

The Motley Fool

X-ray machines have been around a long time and might not seem like hot commodities, but one manufacturer has recently become a hot investment. Shares of Nano-X Imaging (NASDAQ: NNOX) have been on a wild bull run, gaining 163% in the past three months, and Wall Street analysts expect the stock to rise by another 120% over the coming year. And given that it's currently launching its alternative X-ray devices worldwide for the first time, it has a solid chance of meeting those lofty estimates.

Investing 122
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Anticipated Joy vs. Anticipated Regret

A Wealth of Common Sense

Last year I was pounding the table on The Bear (Hulu/FX) as one of my new favorite shows. I liked it so much I didn’t really know how a second season would go. I finished season 2 this week and it’s not hyperbole to say it was one of my favorite seasons of any TV show I’ve ever watched. It blew me away how good it was. It reminded me I actually wrote a post last year using one of my favorite scenes with.

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This Common Leadership Habit Will Harm Your Credibility. Are You Guilty of It?

Entrepreneur - VC

Building credibility takes time, and making a mistake can undo it all in an instant. Here's how to recognize one bad leadership trait — and ensure you aren't guilty of it.

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Financial models on climate risk ‘implausible’, say actuaries

Financial Times: Moral Money

Lack of understanding of full economic damage caused by ‘hothouse’ conditions, report finds

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EGYM Raises $225M in Series F Funding 

FinSMEs

EGYM, a Munich, Germany-based connected fitness company, raised $225m in Series F funding. The round was led by Affinity Partners with participation from Mayfair Equity Partners and Bayern Kapital. The company intends to use the funds to expand operations and its business reach. Led by CEO and co-founder Philipp Roesch-Schlanderer, EGYM is a global fitness […] The post EGYM Raises $225M in Series F Funding appeared first on FinSMEs.

Funds 113
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Majority of Hedge Funds Fail to Meet Benchmarks

The Big Picture

Barry Ritholtz, “Masters in Business” Radio and Podcast Host discusses the environment of hedge funds and the war on talent between them. He speaks with Romaine Bostick and Scarlet Fu on Bloomberg Markets: The Close Vast Majority of Hedgefunds Are Failing to Meet Targets: Ritholtz Source: Bloomberg See also : MiB: Ilana Weinstein Discusses the Hedge Fund War for Talent (July 1, 2023) The post Majority of Hedge Funds Fail to Meet Benchmarks appeared first on The Big Picture.

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At What Age Do Retired Workers Claim Their Social Security Benefit? Here's the Complete Breakdown

The Motley Fool

For most Americans, Social Security provides, or will eventually provide, more than just a check or direct deposit each month. It represents a vital source of income that's consistently helped between 80% and 90% of retired workers cover some of their monthly expenses, according to more than two decades of annual surveys from national pollster Gallup.

Taxes 119
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Market Morning Notes For 1st Aug 2023

Fintoo

Markets ended with gains of 0.5% yesterday on back sharp jump USDJPY with IT and Metals turning main contributors on Monday. With base metals prices surging almost 2% in yesterday’s trade, we expect this to impact the financial sector negatively. For Nifty, a move below 19700 should be seen as a reversal. The crucial support […] The post Market Morning Notes For 1st Aug 2023 appeared first on Fintoo Blog.

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Nelly Is 'Shaking a Tailfeather' All the Way to the Bank. Rapper Sells Half of His Song Catalog for $50 Million.

Entrepreneur - VC

Rapper Nelly has reportedly sold half of his song catalog for $50 million, including hits like 'Hot in Herre,' 'Dilemma' and more. See details about the deal.

Banks 119
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Canada’s TTCPP: The new kid on the block

Top 1000 Funds

Canada’s TTC Pension Plan became a stand-alone entity only three years ago. Top1000funds.com discusses the fund’s journey to independence and the evolution of the hedge-fund heavy investment portfolio with CIO Andrew Greene.

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stellarup Raises €500K in Seed Funding

FinSMEs

stellarup, an Amsterdam, The Netherlands-based global HR SaaS solution, raised a seed funding of €500K. The round was led by a US tech investor. The company intends to use the funds to improve and accelerate user interface and experience design (UI/ UX) features and integration, and boost marketing. Led by Estelle Roux-Stevens, stellarup provides a […] The post stellarup Raises €500K in Seed Funding appeared first on FinSMEs.

Funds 110
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10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • The Physics of Kaizen: Why Somebody Should Get Credit for Fixing Problems That Never Happened : Toyota’s culture of Kaizen: continuous improvement. It is an obvious statement: companies should be continually improving. Companies that are able to successfully adopt a culture and practice of Kaizen have the ability to establish a dominant position in their market. ( Taylor P

Assets 105
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Unveiling Palantir's AI Domination: Palantir Stock Analysis and CEO Alex Karp Interview

The Motley Fool

Is Palantir (NYSE: PLTR) one of the best stocks to buy now? In this Palantir stock analysis video, we'll be taking a look at Palantir Stock and how CEO Alex Karp plans to dominate the artificial intelligence (AI) market. If you want to understand Palantir and its new AI tools, this is a must-watch video. I provide the bear and bull cases, valuation, news, price predictions, technical analysis, CEO interview clips, and real-talk commentary on Palantir stock.

Investors 119
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Market Morning Notes For 28th July 2023

Fintoo

Markets reacted to sharp selling from FII in futures segment with FII selling Rs 8,000 crore and Rs 4,000 crore in cash segment forcing Nifty to re-test 19,600 with formation bearish engulfing line on daily candlestick chart. The selling was mainly led by financial stocks and extended towards technology counters. We expect selling pressure to […] The post Market Morning Notes For 28th July 2023 appeared first on Fintoo Blog.

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Taylor Swift, FTX Had a Massive Fallout Before Its Collapse, According to a New Report

Entrepreneur - VC

A new report claims that Taylor Swift was set to sign a deal estimated to be worth $100 million with the crypto platform FTX, but the singer narrowly escaped what could have been the loss of millions.

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AWARD: GrowthCap Top Women Leaders in Growth Investing 2023

Insight Partners

Insight Partners Managing Directors Rebecca Liu-Doyle and Dionne Chingkoe have been named to GrowthCap’s list of the Top Women Leaders in Growth Investing of 2023.* Read the article and complete list of winners on the GrowthCap website here. * The award referenced herein is the opinion of the party conferring the award and not of Insight Partners. GrowthCap, LLC (“GrowthCap”), an independent third party that is not affiliated with Insight, issued the award.

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DataGalaxy Raises $10M in Seed Funding

FinSMEs

DataGalaxy, a Lyon, France-based provider of collaborative data governance solutions, raised $10m in seed funding. The round was led by AV8 Ventures with participation from Orange Ventures, as well as existing backers NewFund and Evolem. The company intends to use the funds to expand its operations in the US, enrich its suite of data products, […] The post DataGalaxy Raises $10M in Seed Funding appeared first on FinSMEs.

Funds 110
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10 Monday AM Reads

The Big Picture

My back-to-work morning train WFH reads: • 6 Rules to Know Before Hanging an American Flag This July 4 : Did you know that the MLB and NFL routinely violate one of them? ( Wall Street Journal ) • The multibillion-dollar lawsuits that could radically reshape how we buy and sell homes forever : As the money makes its way to all the players in the transaction, you may wonder: Why does it work this way?