Sat.Jun 01, 2024 - Fri.Jun 07, 2024

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Nvidia Executes Its 10-for-1 Stock Split Tomorrow. History Says the Artificial Intelligence (AI) Stock Will Do This Next (Hint: It May Shock You).

The Motley Fool

Nvidia (NASDAQ: NVDA) will complete a 10-for-1 stock split after market close tomorrow. The split comes on the heels of tremendous price appreciation. Nvidia returned 205% during the past year and 580% during the last three years, with enthusiasm about artificial intelligence being the primary reason for those gains. What does the split mean for investors?

Education 246
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iExec Launches Enhanced DataProtector: Revolutionizing Web3 Monetization & Ownership

FinSMEs

Lyon, France, 4th June 2024, Chainwire The post iExec Launches Enhanced DataProtector: Revolutionizing Web3 Monetization & Ownership appeared first on FinSMEs.

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The Minsky Market

A Wealth of Common Sense

Through the end of May, the S&P 500 has experienced 24 new all-time highs this year alone. Volatility has been relatively low for some time now. We haven’t had a 2% down day on the S&P 500 in well over 300 trading days: That’s fast approaching the longest streak without a nasty down day over the past 10 years. The S&P 500 is up around 11% for the year on a total return basis.

Returns 119
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Next Edge to wind down flagship credit fund after halting redemptions

Private Equity Wire

A surge in redemption requests has prompted private debt manager Next Edge Capital to gate its flagship credit fund, leaving clients unable to access their money and the firm now planning to wind down the portfolio over the next two years, according to a report by the Globe and Mail. The move is the Toronto-based asset manager’s second wind-down of a private debt fund, with the firm having been in the process of closing the Next Edge RCM Private Yield Fund, whose credit adviser is RC Morri

Funds 110
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Earn Up to $60/hour: 10 Top-Paying Side Hustles That Let You Work From Home

The Motley Fool

Image source: Getty Images Even though some companies are requiring employees to go back to the office, many Americans still want to work from home. If you have the right in-demand professional skills and can make good use of a flexible schedule, finding a work-from-home side hustle is a great way to boost your income. According to recent survey data from FlexJobs , some of the best side hustles let you work from home -- and pay $30 to $60 per hour on average.

Legal 264
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Sixfold Raises $15M in Series A Funding

FinSMEs

Sixfold, a NYC-based company empowering underwriters with a generative AI solution for end-to-end risk analysis, raised $15M in Series A funding. The round was led by Salesforce Ventures, with participation from Scale Venture Partners and all previous investors including Bessemer Venture Partners and Crystal Venture Partners. The company intends to use the funds to continue […] The post Sixfold Raises $15M in Series A Funding appeared first on FinSMEs.

Funds 114

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You are Enough: Overcoming Limiting & Failure Beliefs for Success and Satisfaction

XY Planning Network

Limiting beliefs and failure mindsets often act as invisible barriers, hindering both our professional success and personal fulfillment. A limited belief most will experience is imposter syndrome, the persistent inability to believe that one's success is deserved or has been achieved as a result of one's own efforts or skills. In my experience, working with clients and XYPN members, as well as navigating my own journey, I've witnessed how these beliefs can silently sabotage progress.

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Berkshire Hathaway's $189 Billion Cash Stockpile Is Larger Than Ever. Should Investors Be Concerned?

The Motley Fool

Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has never had more cash than it does now. At the end of the first quarter, the conglomerate led by CEO Warren Buffett had over $189 billion in cash and short-term investments on its books. The buildup of that cash stockpile has some concerned that it might be a silent warning to the stock market. After all, if Buffett isn't putting that cash to work, there must not be many good deals in the market.

Investors 246
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Eyebot Raises $6M in Seed Funding

FinSMEs

Eyebot, a Boston, MA-based developer of rapid point-of-sale eye prescription technologies, raised $6M in Seed funding. The round was led by AlleyCorp and Ubiquity Ventures with participation from Humba Ventures, Ravelin, Spacecadet and previous investors Baukunst and Village Global. The company intends to use the funds to expand its product development activities, grow the team, and accelerate its expansion initiatives.

Funds 111
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The Bottom 50%

A Wealth of Common Sense

Americans are earning more income from their investments than ever before. Here’s the data from the Wall Street Journal: Americans in the first quarter earned about $3.7 trillion from interest and dividends at a seasonally adjusted annual rate, according to the Commerce Department, up roughly $770 billion from four years earlier. That’s a whole lot of passive income.

Assets 102
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LGT Capital Partners holds final close of third direct secondaries fund at $3bn

Private Equity Wire

LGT Capital Partners has completed the final close of Crown Secondaries Special Opportunities III at $3bn, exceeding the original target size of $2.5bn. The firm’s fund provides liquidity solutions for private equity-owned companies. CSSO III acquires direct minority stakes in private equity-owned portfolio companies, finances M&A growth and participates in concentrated continuation vehicles.

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Could This Undervalued Stock Make You a Millionaire One Day?

The Motley Fool

For investors working with nothing more than whatever money's left over at the end of every month after all the bills are paid, the idea of becoming a millionaire can feel out of reach. There's good news, though. It's not impossible to build a seven-figure nest egg, even from meager beginnings. The keys to doing so are consistently coming up with whatever money you can to contribute to the effort, using time to your full advantage, and, of course, picking the right stocks!

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Isar Aerospace Receives $20M From ATEL Ventures

FinSMEs

Isar Aerospace, a Munich, Germany-based launch service provider for small and medium-sized satellites, received $20M in growth debt funding. ATEL Ventures provided the financing. The company intends to use the funds to finance the purchase of the equipment used in the production of its launch vehicles. Founded in 2018 as a spin-off of Technical University […] The post Isar Aerospace Receives $20M From ATEL Ventures appeared first on FinSMEs.

Financing 111
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How Would You Invest $14 Million?

A Wealth of Common Sense

We also discussed questions about our personal investment decisions, switching your portfolio from individual stocks to index funds, the potential impact of artificial general intelligence and investment advice for a college senior. Further Reading: If You’re Still Worried You Aren’t Wealthy 1That CFA designation still comes in handy from time to time. 2Assuming you put some thought into that allocation and i.

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Epiris promotes six 

Private Equity Wire

London-based private equity firm Epiris has promoted Kathryn Pothier to Partner, Alex Wilby to Investment Partner and both Thayne Forbes and Zoe Lai to Investment Director. Pablo Espinoza and Scott Forbes have also been promoted to Investment Manager and Investment Associate respectively. Pothier joined Epiris in January 2023 as Investor Relations Partner to lead the firm’s investor relations and fund-raising activities, having previously served as Head of Investor Relations at Dallas-based priv

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10 States With the Highest Gas Tax

The Motley Fool

Image source: Getty Images If you've ever found yourself grumbling at the gas pump, you're definitely not alone. The price you pay per gallon doesn't just cover the cost of the fuel itself; a significant portion of it goes toward taxes. And depending on where you live, that tax can make a big difference in what you pay to fill up your tank. Some states have much higher gas taxes than others, which can impact your personal finances.

Taxes 246
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Cartwheel Raises $5.6M in Seed Funding

FinSMEs

Cartwheel, a NYC-based provider of a generative automation platform, raised $5.6M in Seed funding. The round was led by Accel, with participation from Khosla Ventures, Human Ventures, Heretic VC, MVP Ventures, Correlation Ventures, Pelion VC, and angel investors, including Drew Houston, Akshay Kothari, Amjad Masad, and Kyle Parrish. The company intends to use the funds […] The post Cartwheel Raises $5.6M in Seed Funding appeared first on FinSMEs.

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Ex-Blackstone, Sycamore investment siblings raise $1.25bn for debut Town Lane fund

AltAssets

Former Blackstone veteran Tyler Henritze has raised $1.25bn for the final close of his new firm Town Lane's oversubscribed debut fund. The post Ex-Blackstone, Sycamore investment siblings raise $1.25bn for debut Town Lane fund first appeared on AltAssets Private Equity News.

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Permira makes substantial investment in PharmaCord

Private Equity Wire

A company backed by global private investment firm Permira has made a significant investment in PharmaCord, a provider of patient services for the pharmaceutical industry, which will continue to be led by founder and CEO Nitin Sahney. Both Sahney and the existing management team will also remain as significant investors in the business, although financial terms of the transaction have not been disclosed.

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Where Will Nvidia Stock Be in 10 Years?

The Motley Fool

If you bought $1,000 of Nvidia (NASDAQ: NVDA) stock 10 years ago, you would have roughly $2.3 million today, a potentially life-changing return of 23,000%. While the company has probably become too large to deliver such rapid gains in the future, the next decade could bring many exciting opportunities as artificial intelligence (AI) technology develops.

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Whizz Raises $12M in Series A Funding

FinSMEs

Whizz, a NYC-based provider of a e-bike subscription platform for last-mile delivery drivers, raised $12M in Series A funding. The round, which brought the total amount to $20M, was led by LETA Capital, with participation from Flashpoint, and others. Founded in 2020 by Alex Mironov, Ksenia Proka, Artem Serbovka, and Mike Peregudov, Whizz is an e-bike […] The post Whizz Raises $12M in Series A Funding appeared first on FinSMEs.

Funds 110
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Deal Roundup: New Mountain backs Consor, IK Partners buys into Qconcepts

AltAssets

New Mountain Capital has invested in Consor Holdings, a provider of transportation and water infrastructure engineering and consulting services. Consor provides civil infrastructure planning, engineering design, structural assessment, program management, and consulting services to public and private sector clients across transportation and water markets.

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Aquiline raises over $2.3n for fifth PE fund

Private Equity Wire

Aquiline Capital Partners, a private investment firm focused on financial services and related technologies, has raised $2.3bn for its fifth private equity fund, Aquiline Financial Services Fund V, making it the firm’s largest fund to date. AFS V attracted support from the firm’s existing investor base of financial institutions, sovereign wealth funds, public pension funds, funds of funds and family offices, as well as first-time commitments from investors across the US, Europe, the

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What Today's Stock Split Means for Nvidia (and You)

The Motley Fool

The big moment is here. After today's market close, Nvidia (NASDAQ: NVDA) will complete its 10-for-1 stock split, an operation that will bring down the price of this high-flying stock from roughly $1,200 to more like $120. Nvidia shares have soared -- more than 500% over the past three years -- thanks to the company's leadership in the high-growth artificial intelligence (AI) chip market.

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Saguaro Biosciences Raises $3M in Seed Funding

FinSMEs

Saguaro Biosciences, a Quebec City, Canada-based developer of live cell reagents for AI-enhanced discoveries, raised $3M in Seed funding. The round was led by AQC Capital and Anges Québec, with participation from Martin Leblanc, Co-Founder and Vice-Chairman of CellCarta Biosciences, alongside investments from Investissement Quebec and Ville de Québec.

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Aquiline brings in $3.4bn across new flagship fund, HarbourVest-led continuation vehicle

AltAssets

Financial services and tech-focused private equity firm Aquiline Capital Partners has raised more than $2.3bn for its latest flagship fund and another $1.1bn for a continuation vehicle. The post Aquiline brings in $3.4bn across new flagship fund, HarbourVest-led continuation vehicle first appeared on AltAssets Private Equity News.

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StepStone closes largest-ever VC secondaries fund

Private Equity Wire

StepStone Group, a global private markets investment firm focused on investment solutions, advisory and data services, has raised $3.3bn for StepStone VC Secondaries Fund VI, its sixth vehicle focused on venture capital secondaries opportunities. The oversubscribed fund, which secured support from existing investors as well as new limited partners, is the largest fund exclusively pursuing venture capital secondaries raised to date, according to a press statement.

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Will Nvidia Stock Soar After Its Stock Split? Here's What History Shows.

The Motley Fool

What does the hottest stock in the S&P 500 do after skyrocketing more than any other large-cap stock on the market? Announcing a major stock split could be a good follow-up. That's exactly what Nvidia (NASDAQ: NVDA) is doing. Shares of the graphics processing unit (GPU) maker have nearly tripled over the last 12 months. Nvidia will conduct a 10-for-1 stock split after the market closes today.

Banks 246
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Caju AI Raises $3M in Seed Funding

FinSMEs

Caju AI, a Charlottesville, VA-based provider of generative AI-powered solutions for customer engagement, raised $3M in Seed funding. Backers included Grotech Ventures, Felton Group, the family office of Charlottesville, VA based hedge fund manager Jaffray Woodriff, and angel investors. The company intends to use the funds to accelerate its new phase of growth and innovation and consolidate its […] The post Caju AI Raises $3M in Seed Funding appeared first on FinSMEs.

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Deal Roundup: Nordic sells Sunrise to Platinum Equity, OpenGate backs Fiven

AltAssets

Nordic Capital has agreed to sell Sunrise Medical, a specialist in assistive mobility solutions, to fellow private equity investor Platinum Equity. Sunrise’s revenue has almost doubled to €636m since Nordic’s buyout in 2015, with improved profitability, the firm said. The acquisition is expected to be completed in Q3 2024, subject to customary regulatory approvals.

Buyout 88
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Yellow Wood completes Elida acquisition from Unilever

Private Equity Wire

Yellow Wood Partners, a Boston-based private equity firm focused on consumer brands and companies, has completed the acquisition of Elida Beauty, which includes Q-Tipsm Timothy and Impulse, from Unilever. In conjunction with the closing, consumer packaged goods executive Alfie Vivian has been appointed as CEO of Elida to work with the Yellow Wood team towards the company’s growth.

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Why Constellation Energy Stock Surged Nearly 17% in May

The Motley Fool

Shares of Constellation Energy (NASDAQ: CEG) rallied 16.8% in May, according to data provided by S&P Global Market Intelligence. Powering the utility's strong performance were its first-quarter results and the growing optimism surrounding artificial intelligence (AI)-driven power demand growth. An AI-powered boost ahead? Constellation Energy reported strong first-quarter results in early May.

Prospects 246
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Greptile Raises $4.1M in Seed Funding

FinSMEs

Greptile, a San Francisco, California-based company that allows engineers to use natural language to index and search large codebases, raised $4.1m in seed funding. The round was led by Initialized Capital, with participation from angels including Rich Aberman (WePay) and JJ Fliegelman (WayUp), both former YC visiting partners. The company intends to use the funds […] The post Greptile Raises $4.1M in Seed Funding appeared first on FinSMEs.

Funds 108
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Coller launches private wealth secondaries fund after expanding business unit outside of US

AltAssets

Secondaries-focused private equity major Coller Capital has launched its first fund accessible to eligible private wealth investors outside of the US. The post Coller launches private wealth secondaries fund after expanding business unit outside of US first appeared on AltAssets Private Equity News.

Funds 86