Sat.Nov 04, 2023 - Fri.Nov 10, 2023

article thumbnail

A Short History of the 60/40 Portfolio

A Wealth of Common Sense

A reader asks: Can you please explain why financial media personnel keep saying the 60/40 is dead but they are not saying target date funds are dead? Last year was one of the worst years ever for a 60/40 portfolio of U.S. stocks and bonds. These are the 10 worst calendar year returns for a portfolio comprising the S&P 500 and 10 year Treasuries going back to 1928: By my calculations, 2022 was the third worst year for.

article thumbnail

Why CRISPR Therapeutics Stock Crushed the Market Today

The Motley Fool

Leading gene therapy company CRISPR Therapeutics (NASDAQ: CRSP) had quite the memorable day on the market Tuesday. Following the release of encouraging quarterly results, bulls ran rampant on the stock, and it closed almost 14% higher. Meanwhile, the bellwether S&P 500 index could only muster a 0.3% bump today. A notably narrower net loss in CRISPR's third quarter CRISPR, which is a relatively early-stage company with sporadic revenue, did not record any take on the top line in its third qua

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

HCI Equity Partners recaps automotive accessories provider Tri-State Enterprises

PE Hub

Tri-State was founded in 1977 and acquired by long-time employee Tristan Taylor in 2015. The post HCI Equity Partners recaps automotive accessories provider Tri-State Enterprises appeared first on PE Hub.

239
239
article thumbnail

Interest Payments Are An Increasingly Large Part Of The US Budget Deficit

The Big Picture

Source: Chartr We talked about this 2 weeks ago , but the nation missed a fantastic opportunity to refinance all of the outstanding US debt at much lower levels. Every corporate debt issuer and homeowner in America refinanced at lower rates — except for Uncle Sam. If you were in Congress from 2015-2021, you are the reason why HALF of the projected federal debt will soon be interest payments.

Debt 126
article thumbnail

DeepInfra Raises $8M in Seed Funding

FinSMEs

DeepInfra, a Palo Alto, CA-based provider of a scalable infrastructure for running AI models through an API, raised $8M in Seed funding. The round was led by A.Capital and Felicis Ventures. The company intends to use the funds to further enhance its technology, expand its model offerings, and optimize its infrastructure. Led by CEO and Founder Nikola […] The post DeepInfra Raises $8M in Seed Funding appeared first on FinSMEs.

Funds 113
article thumbnail

Why Plug Power Stock Got Destroyed on Friday

The Motley Fool

Shares of renewable energy company Plug Power (NASDAQ: PLUG) plunged 41.3% through 11:05 a.m. ET Friday morning after the company reported a big earnings miss last night. Heading into Q3, analysts weren't exactly optimistic about Plug, predicting the hydrogen fuel cell manufacturer and hydrogen gas producer would lose $0.30 per share on sales of only $238.9 million -- yet Plug managed to underperform even these predictions.

Companies 246

More Trending

article thumbnail

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: • Adam Neumann Wounded WeWork, an Office Market Bust Finished It Off : Once the country’s most-valuable startup, the flexible-workspace company is expected to file for bankruptcy. ( Wall Street Journal ) • How to Turn Your Electric Car Into a Mobile Power Plant : “Bidirectional charging” promises to transform EVs into backup power sources and help utilities hedge against cli

article thumbnail

PostgresML Raises $4.7M in Seed Funding

FinSMEs

PostgresML, a San Francisco, CA-based company focused on prototyping and deploying AI applications on PostgreSQL, raised $4.7M in Seed funding. The round was led by Amplify Partners with participation from angels including the co-founders of Instacart and founding investors from Vercel and Box Group. The company intends to use the funds to expand on early […] The post PostgresML Raises $4.7M in Seed Funding appeared first on FinSMEs.

Funds 113
article thumbnail

This Incredibly Cheap Artificial Intelligence (AI) Stock Is Soaring Like Nvidia, and It Is a Screaming Buy

The Motley Fool

Nvidia has been one of the hottest artificial intelligence (AI) stocks on the market in 2023, with its shares having more than tripled thanks to the way AI has supercharged the its revenue and earnings growth. However, Nvidia isn't the only stock that has won big from the proliferation of AI. Shares of Super Micro Computer (NASDAQ: SMCI) have matched Nvidia's returns in 2023 with gains of 208%.

Companies 246
article thumbnail

ParkerGale scoops up two market intelligence firms Gap Intelligence and Deep.ad

PE Hub

As part of the transaction, the combined company will be led by Greg Munves as CEO. The post ParkerGale scoops up two market intelligence firms Gap Intelligence and Deep.ad appeared first on PE Hub.

Companies 224
article thumbnail

Under-priced climate risk plagues pension portfolios

Top 1000 Funds

Climate risk remains systematically under-priced and the world isn’t on course for net zero. Investors need to prepare for the risks of climate and environmental change and re-evaluate the risk in their portfolios, University of Oxford researcher Nicola Ranger warned delegates to Sustainability in Practice.

article thumbnail

Due Raises $3.3M in Seed Funding

FinSMEs

Due, a London, UK-based provider of a stablecoin and blockchain technology payment platform, raised $3.3M in Seed funding. The round was led by Semantic and Fabric Ventures, with participation from BlockTower, Speedinvest, Polymorphic Capital and Discovery Ventures, as well as angel investors including ItamarLesuisse (CEO at Argent), Pavel Karagjaur (VP of Growth at Bolt) and Emil Urmanshin (Director of Crypto at Revolut).

article thumbnail

The S&P 500 Just Had Its Best Week of the Year, and Wall Street Says the Stock Market Is Soaring Toward a Record High

The Motley Fool

The S&P 500 (SNPINDEX: ^GSPC) gained nearly 6% during the first week of November, marking its best weekly performance of the year. That upward momentum was broad-based in nature: 159 stocks in the S&P 500 (nearly one-third of the index) also had their best weeks of the year, according to The Wall Street Journal. The primary driver of that momentum was action (or lack thereof) taken last week by the Federal Reserve.

article thumbnail

UK-based CapVest acquires Recochem from HIG Capital

PE Hub

Recochem is a Montreal-based manufacturer, marketer and distributor of aftermarket transportation and household fluids. The post UK-based CapVest acquires Recochem from HIG Capital appeared first on PE Hub.

Capital 222
article thumbnail

CPP shares the playbook for pushing corporates on scope 1, 2 emissions

Top 1000 Funds

A quarter of companies in CPP Investments' public equity allocation still don’t report Scope 1 and 2 emissions - one of the most fundamental indicators of whether a corporate board is engaging on the climate emergency.

Companies 105
article thumbnail

Databricks Closes Series I Funding at $43B post-Money Valuation

FinSMEs

Databricks, a San Francisco, CA-based data and AI company, raised an undisclosed amount in Series I funding. Existing investors Amazon Web Services (AWS), CapitalG, and Microsoft, along with new investors AT&T Ventures, Qatar Investment Authority (QIA), and Sanabil Investments, participated in the funding round, which put the company at a $43B post-money valuation.

Funds 110
article thumbnail

Best Stocks to Buy: QuantumScape Stock vs. ChargePoint Stock

The Motley Fool

Fool.com contributor Parkev Tatevosian compares QuantumScape (NYSE: QS) and ChargePoint (NYSE: CHPT) to answer which is the best stock to buy today. *Stock prices used were the afternoon prices of Nov. 8, 2023. The video was published on Nov. 10, 2023. 10 stocks we like better than ChargePoint When our analyst team has a stock tip, it can pay to listen.

Returns 246
article thumbnail

LLCP-backed Resolution Economics picks up Affirmative Action Plan and acquired practice groups

PE Hub

The pre-employment testing services of Biddle Consulting Group operating under the name TestGenius were not part of the acquisition. The post LLCP-backed Resolution Economics picks up Affirmative Action Plan and acquired practice groups appeared first on PE Hub.

article thumbnail

BlackRock set to invest $550mn in Occidental direct air capture project

Financial Times: Moral Money

Move is a sign of support for the world’s largest venture deploying nascent climate technology

Investing 138
article thumbnail

Eilla AI Raises $1.5M in Seed Funding

FinSMEs

Eilla AI, a London, UK-based generative AI platform designed to assist M&A, venture capital (VC), and private equity (PE) professionals with financial research, analysis, and document creation, raised $1.5M in Seed funding. The round was led by Eleven Ventures and supported by Fuel Ventures, with additional investment from Mark Pearson, Founder & Managing Partner at Fuel […] The post Eilla AI Raises $1.5M in Seed Funding appeared first on FinSMEs.

article thumbnail

Why Medical Properties Trust Plunged Today

The Motley Fool

Shares of Medical Properties Trust (NYSE: MPW) fell hard on Friday, down 8.6% on the day. The hospital-focused real estate investment trust (REIT) has been absolutely hammered this year, as quickly rising interest rates have not only hurt valuation, but also forced the company to grow at a slower pace and attempt to de-lever the business with asset sales.

article thumbnail

CPP Investments to exit 24.5% stake in German offshore wind assets

PE Hub

The wind farms are located about 100 kilometers from the German North Sea coast and began operating in 2019 and 2020 The post CPP Investments to exit 24.5% stake in German offshore wind assets appeared first on PE Hub.

Stakes 217
article thumbnail

Great Range Capital closes oversubscribed Fund III at $250m hard cap

Private Equity Wire

Great Range Capital (GRC), a greater Kansas City based private equity firm focused on making Midwestern investments in the lower middle-market, has the the final close of Great Range Capital Fund III at its hard cap of $250m. The fund, like previous GRC funds, aims to partner with Midwestern companies and executives, which are often owned and operated by families or entrepreneurs who are seeking a path to retirement, navigating generational transition, searching for a partner to help take the co

article thumbnail

Snaptrude Raises $14M in Series A Funding

FinSMEs

Snaptrude, a New York- and Bangalore, India-based startup providing an operating system for architecture, engineering, and construction (AEC) companies, raised $14M in Series A funding. The round, which brought the total raised to $21.8M, was led by Foundamental and Accel with participation from Fortius Ventures. The company intends to use the funds to grow the […] The post Snaptrude Raises $14M in Series A Funding appeared first on FinSMEs.

Funds 109
article thumbnail

Tech Titans: 2 Top Artificial Intelligence (AI) Stocks to Watch Heading Into 2024

The Motley Fool

If you thought 2023 was an exciting year for artificial intelligence (AI), wait until you see what 2024 has to offer. Although the AI revolution was unofficially kicked off in late 2022 when ChatGPT rose to fame, 2023 saw many incredible releases by some of the biggest tech names in the industry. 2024 will surely bring more of the same, as many of these products are starting to be launched to broader, business-focused audiences.

article thumbnail

MidOcean buys workplace safety training provider Smith System from LLCP

PE Hub

Robert W. Baird & Co. and Kirkland & Ellis LLP advised LLCP and Smith System in connection with the transaction. The post MidOcean buys workplace safety training provider Smith System from LLCP appeared first on PE Hub.

215
215
article thumbnail

How to Become a Millionaire

A Wealth of Common Sense

American households have never been wealthier but that wealth is not evenly distributed. The top 10% controls more than 70% of the total wealth in this country as of year-end 2022.1 The good news is, there are those outside of the top 10% who are catching up. Based on the latest estimates from the Federal Reserve there are around 16 million American households with a net worth of $1 million or more.

Financing 102
article thumbnail

Surglasses Raises $6.5M in Pre-A Funding

FinSMEs

Surglasses, a Taichung, Taiwan-based company advancing AR augmented reality surgical navigation systems, raised $6.5M in Pre-A funding. The round was led by Taiwania Capital with participation from Integrated Capital, 500 STARTUPS V, L.P., Wisdom Capital Limited Partnership, and Sustainable Impact Capital. The company intends to use the funds to expand operations and its development efforts. […] The post Surglasses Raises $6.5M in Pre-A Funding appeared first on FinSMEs.

Startups 109
article thumbnail

4 Ways Supermarkets Trick You Into Spending Extra Money

The Motley Fool

Image source: Getty Images Grocery prices have moderated as inflation has cooled. Despite that, food costs were still up 2.4% in September, according to the Consumer Price Index. So if your supermarket credit card tab still seems higher than average, that could be a reason why. But it's probably not the only reason. The reality is that supermarkets have a sneaky way of convincing consumers to spend money they had no intention of parting with.

Financing 246
article thumbnail

Ascend Partners-backed MSPB acquires concierge medicine practice Colton and Kaminetsky

PE Hub

Medical Specialists of the Palm Beaches is a primary care-focused, multi-specialty physician group practice in South Florida. The post Ascend Partners-backed MSPB acquires concierge medicine practice Colton and Kaminetsky appeared first on PE Hub.

215
215
article thumbnail

Four Movies to Add to Your Winter Watchlist

Integrity Financial Planning

As winter approaches, the weather outside is getting colder, and the nights are drawing in. It’s the perfect time to curl up on the sofa with a hot drink and enjoy some great films. Here are four fantastic movies that are perfect for the winter season. Christmas Inheritance First on the list is the heartwarming holiday tale “Christmas Inheritance.” This Netflix original film follows the story of a wealthy heiress, Ellen Langford, who is sent to deliver a Christmas card to her f

article thumbnail

Risk Ledger Raises £6.25M in Series A Funding

FinSMEs

Risk Ledger, a London, UK-based provider of a collaborative platform for supplier due diligence, raised £6.25M in Series A funding. The round, which brought the total amount to £9.8M, was led by UK investor Mercia Ventures, with participation form Seedcamp, Firstminute Capital, Episode 1, Village Global, Lifeline Ventures. The company intends to use the funds […] The post Risk Ledger Raises £6.25M in Series A Funding appeared first on FinSMEs.

article thumbnail

4 Costco Frozen Foods to Always Keep in Your Freezer

The Motley Fool

Image source: Getty Images With grocery prices through the roof, your credit cards have probably been getting a workout. But you can do your bank account a favor by stocking up on some Costco frozen food items. Here are some top picks that deserve a place in your freezer. These items are delicious and can form the basis for quick, affordable meals on nights you don't really feel like cooking.

Banks 246
article thumbnail

Parkview Dental Partners secures investment from Cathay Capital

PE Hub

Currently, Parkview manages 22 dental practices that provide both general dentistry and specialty dental services. The post Parkview Dental Partners secures investment from Cathay Capital appeared first on PE Hub.

Capital 214