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

article thumbnail

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
article thumbnail

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.

133
133
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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 127
article thumbnail

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 98
article thumbnail

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!

article thumbnail

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 113

More Trending

article thumbnail

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.

article thumbnail

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
article thumbnail

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 112
article thumbnail

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 108
article thumbnail

Deal Roundup: Blackstone buys Emerson out of JV in $3.5bn deal, Mutares makes seventh deal of the year

AltAssets

Blackstone is buying Emerson‘s 40% stake in their Copeland joint venture in a $3.5bn deal. The deal comes two years after Blackstone announced a $14bn agreement to buy a majority stake in Copeland, then known as the Climate Technologies division of Emerson. The company specialises in compressors and controls used for residential and commercial heating, […] The post Deal Roundup: Blackstone buys Emerson out of JV in $3.5bn deal, Mutares makes seventh deal of the year first appeared on

Stakes 98
article thumbnail

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
article thumbnail

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.

article thumbnail

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.

article thumbnail

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 98
article thumbnail

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.

article thumbnail

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 113
article thumbnail

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.

article thumbnail

European investor Kartesia scores huge fund size increase with €1.8bn second senior debt fund

AltAssets

European financing investor Kartesia has closed its second senior debt fund on €1.8bn, almost double the size of its 2021 debut in the strategy. The post European investor Kartesia scores huge fund size increase with €1.8bn second senior debt fund first appeared on AltAssets Private Equity News.

Debt 97
article thumbnail

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.

article thumbnail

Signapse Closes £2M Seed Funding Round

FinSMEs

Signapse, a Guildford, UK-based Generative AI Sign Language translation software company, closed a new seed funding round of £2M with £1.5M from investors and £500k from Innovate UK. The round was led by Soulmates Ventures and Deeptech Seed Fund, with participation from other investors, including the Royal Association for Deaf people, Empirical Ventures, CEAS Investments, […] The post Signapse Closes £2M Seed Funding Round appeared first on FinSMEs.

Funds 111
article thumbnail

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.

article thumbnail

Deal Roundup: Palladium seals $695m Trachte trade sale, Permira buys into PharmaCord

AltAssets

Palladium Equity Partners has agreed to sell its majority interest in Trachte, a provider of highly engineered protection and control buildings, in a $695m trade sale. Palladium acquired a majority stake in the business in 2020. Trachte’s products and services protect essential controls, equipment, and infrastructure for electric utilities, data centers, and other commercial and […] The post Deal Roundup: Palladium seals $695m Trachte trade sale, Permira buys into PharmaCord first ap

Stakes 96
article thumbnail

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
article thumbnail

SpyCloud Receives $35M in Growth Financing

FinSMEs

SpyCloud, an Austin, TX-based cybersecurity firm whose solutions help organizations investigate and protect against cybercrime, received a $35m growth financing from CIBC Innovation Banking. The company intends to use the funds to expand its offerings following its Series D raise in August 2023, led by Riverwood Capital. Founded in 2016, and led by CEO Ted […] The post SpyCloud Receives $35M in Growth Financing appeared first on FinSMEs.

Financing 108
article thumbnail

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

article thumbnail

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 98
article thumbnail

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
article thumbnail

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
article thumbnail

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.

article thumbnail

LGT raises new $3bn direct secondaries fund, almost double size of predecessor

AltAssets

LGT Capital Partners has hauled in $3bn for the final close of its latest direct secondaries fund, almost double the size of its predecessor in the strategy. The post LGT raises new $3bn direct secondaries fund, almost double size of predecessor first appeared on AltAssets Private Equity News.

Funds 98
article thumbnail

How High Could Nvidia's Stock Go This Year?

The Motley Fool

Buying a high-priced stock can be tricky since there's always the risk you may end up buying it at or near its peak. And even though a business is growing, the inevitable question becomes whether the business is growing fast enough to justify its valuation. Nvidia (NASDAQ: NVDA) is an excellent example of that. At a market cap of $2.8 trillion, it has become one of the most valuable stocks in the world.

Prospects 246
article thumbnail

Fizz Raises $14.4M in Seed Funding

FinSMEs

Fizz, a NYC-based provider of a credit-building debit card for students, raised $14.4M in Seed funding. The round was led by Kleiner Perkins. The company intends to use the funds to scale its team and build out additional product lines, as well as invest in marketing and sales to build awareness at more colleges and […] The post Fizz Raises $14.4M in Seed Funding appeared first on FinSMEs.

Funds 106
article thumbnail

Edison Partners appoints VP 

Private Equity Wire

New Jersey-based private equity firm Edison Partners has promoted Michael Dirla from Senior Associate to Vice President. Dirla will now work more closely with the firm’s portfolio companies, as well as identifying and evaluating potential investments in fintech and enterprise solutions. Dirla joined Edison in 2021 and helped execute the firm’s $25m growth investment in healthcare benefits platform TakeCommand and a recent $110m investment and recapitalisation of messaging and payments platform