Sat.Dec 16, 2023 - Fri.Dec 22, 2023

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A Short History of Nasdaq 100 Returns

A Wealth of Common Sense

The Nasdaq 100 is up more than 50% this year. The tech-heavy index is on pace for its first half-century performance since 2009. The Magnificent 7 stocks are a big reason for this year’s massive gains but it also helps that the Nasdaq crashed last year, falling more than 32%. In fact, if you look at the total returns since the start of 2022, it’s only slightly positive: It’s also true that large gains.

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3 Ways to Achieve Your Financial Goals This New Year

The Motley Fool

Image source: Getty Images For many people, a new year is a time for growth. It's also a popular time to make resolutions. Research from The Ascent shows that 67% of Americans hope to tackle financial resolutions next year. Now is the perfect time to sit down and plan what goals you want to reach. You can do it no matter how big or small your goals are.

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Advent-backed Neoris scoops up cloud consulting firm Forefront

PE Hub

Headquartered in Miami, Neoris is a global digital accelerator. The post Advent-backed Neoris scoops up cloud consulting firm Forefront appeared first on PE Hub.

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Blackstone Signs Definitive Agreement to Acquire Sony Payment Services, Broadening its Japan Private Equity Portfolio

Blackstone News

TOKYO – December 22, 2023 – Blackstone (NYSE: BX) today announced that Private Equity funds managed by Blackstone have entered into a definitive agreement to acquire a majority stake in Sony Payment Services Inc. (SPSV), one of Japan’s leading payment service providers, from Sony Bank, a wholly-owned subsidiary of Sony Group. Sony Bank will roll over a certain portion of its equity and will continue to support the growth of SPSV as a minority investor.

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Staying the Course is Harder Than it Sounds

A Wealth of Common Sense

After suffering drawdowns of 21%, 25% and 35% in the bear market of 2022, the Dow, S&P 500 and Nasdaq 100 all broke even on a total return basis this week: Sure that means these markets went nowhere for nearly two years but just look at the returns since the start of 2020: Considering everything we’ve lived through those returns are not bad at all.

Returns 130
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Should You Get Auto Insurance From Tesla?

The Motley Fool

Image source: Getty Images Teslas are appealing options for environmentally-conscious drivers and those who like to keep up with the latest tech, but they have a big drawback: those insurance premiums. The cars contain a lot of rare components that are costly to replace, and there aren't a lot of repair shops that know how to do the work. Some traditional insurance companies charge Tesla owners an arm and a leg for coverage, so the idea of getting a more affordable policy from Tesla itself seems

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Helmsley meets new managers as it hunts for different strategies

Top 1000 Funds

Helmsley Charitable Trust is meeting new investment managers on the hunt for new exposures and allocations in the new economic regime. On the eve of her departure Rosalind Hewsenian explains how she approaches new manager relationships.

Investing 105
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The Stock Market is Our Mona Lisa

A Wealth of Common Sense

There are Twitter accounts that spend their time lamenting why we don’t build cathedrals, castles and architecture like they did in the past. I get it. I’ve been to Europe before. The castles, the churches, the opera houses, the landmarks, the art, etc. It’s mind-boggling people were able to build these things without the technology we have available today.

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There's a Big Problem With the 2024 Social Security COLA

The Motley Fool

In just a couple of weeks, every retiree who receives Social Security benefits will get a raise. Beginning in 2024, monthly payments will increase by 3.2%. This is an annual rite of passage for Social Security recipients. The Social Security Administration (SSA) calculates the cost-of-living adjustment (COLA) for the next year in October, with the increase going into effect in the following January.

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CurbWaste Raises $10M in Series A Funding

FinSMEs

CurbWaste, a New York-based provider of a waste management payments software platform, raised $10m in Series A funding. The round was led by Flourish Ventures, with participation from TTV Capital, Mucker Capital, and B Capital. The company, which has raised a total of $20m, intends to use the funds to continue to expand operations and its business reach. […] The post CurbWaste Raises $10M in Series A Funding appeared first on FinSMEs.

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Our Top Blogs of 2023 for Independent Financial Advisors

XY Planning Network

Over the past year, we've published articles written with one purpose in mind: to help independent financial advisors be successful. As 2023 comes to a close, we rounded up our top 10 most-viewed blogs published this year. From RIA compliance best practices to using behavioral marketing tactics to get more clients, this list is loaded with one helpful resource after another to send you into 2024.

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Sell-Side Quality of Earnings & The Benefits For Business Owners

Axial

Click here to subscribe to Exit-Ready – the Axial newsletter that distills the best content, tips, and guides designed to educate exit-minded business owners running $5-$100M businesses. It comes as no surprise that nearly all buyers will complete a Quality of Earning (QofE) analysis prior to a purchase to ensure that the financial information provided is trustworthy and reflective of the company’s true financial performance.

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3 Passive Income Powerhouses to Buy Before the End of the Year

The Motley Fool

When the S&P 500 is up big on the year, it's easy to miss the value of reliable dividend stocks. After all, what good is a 3% yield if the market is up nearly 20%? But the value of quality dividend stocks isn't how they perform during a strong market -- it's that they deliver regular quarterly payments no matter what the market is doing. The best dividend-paying companies take it a step further by raising their dividends every year, even during recessions.

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Totus Medicines Closes $66M Series B Funding

FinSMEs

Totus Medicines, an Emeryville, CA-based small molecule drug discovery and development company using covalent libraries and AI tools, closed a $66M Series B financing. The round was led by DCVC Bio with participation from North Pond Ventures, Camford Capital, and the Regents of the University of Minnesota. Proceeds from the Series B financing will be used to advance Totus’ […] The post Totus Medicines Closes $66M Series B Funding appeared first on FinSMEs.

Funds 117
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2023: The Big Picture

The Big Picture

Love this giant chart! You can order one at Investments Illustrated The post 2023: The Big Picture appeared first on The Big Picture.

Investing 108
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Nippon Steel agrees to buy US Steel for $14.9bn

Financial Times M&A

Japanese company targets American market with biggest ever acquisition

Companies 111
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Bill Gates Has $34 Billion Invested in Just 5 Stocks

The Motley Fool

The Bill and Melinda Gates Foundation Trust has a whopping $39 billion invested in the stock market, and a vast majority of those funds are in just a few stocks. Some of that is because of donations, but the fund is also buying some interesting industrial stocks. In this video, Travis Hoium covers the foundation's holdings and how the portfolio came to be what it is.

Investing 246
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PolicyMap Closes $3M Series A Funding

FinSMEs

PolicyMap, a Philadelphia, PA- and Los Angeles, CA-based provider of a geographic data and analytics platform, raised $3M in Series A funding. The round was led by Reinvestment Fund and joined by Ben Franklin Technology Partners, Spring Point Partners, PolicyMap board members, employees, and friends and family. The company intends to use the funds to scale […] The post PolicyMap Closes $3M Series A Funding appeared first on FinSMEs.

Funds 113
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At the Money: Seasonality In Stocks

The Big Picture

 At the Money: Seasonality In Stocks with Jeff Hirsch of the Stock Trader’s Almanac. (Dec 20, 2023) How do historical patterns and seasonality affect equities? Can these patterns successfully inform future investments? In this episode, I speak with Jeff Hirsch of the Stock Trader’s Almanac to discuss seasonal patterns in equities. He’s devoted much of his career to the study of historical patterns and market seasonality in conjunction with fundamental and technical analysis.

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Adobe and Figma end proposed $20bn merger

Financial Times M&A

Mutual decision comes after EU and UK regulators launched competition probes

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65% of Warren Buffett's $374 Billion Portfolio Is Invested in Just 3 Stocks

The Motley Fool

If you've ever wondered why Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett garners so much attention from Wall Street and everyday investors, look no further than his track record. Over the nearly six decades since the Oracle of Omaha became Berkshire's CEO, he's doubled the annualized total return, including dividends paid, of the benchmark S&P 500 (19.8% versus 9.9%, as of Dec. 31, 2022).

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Turngate Raises $5M in Seed Funding

FinSMEs

Turngate, an Elliott City, MD-based provider of a cybersecurity solution offering IT and cybersecurity professionals insights into user activity, raised $5M in Seed funding. The round was led by Paladin Capital Group. The company intends to use the funds to build out and scale its solution for commercial customers. Led by Bruce Potter, Founder and […] The post Turngate Raises $5M in Seed Funding appeared first on FinSMEs.

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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 year that Twitter died. Twitter was so many things. Elon Musk killed Twitter. First, he did it figuratively: firing most employees, destabilizing it as a technology and a business, leaving the platform virtually unusable for those who remained.

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Nippon Steel takeover of US Steel faces opposition in Washington

Financial Times M&A

Republican lawmakers demand probe into deal while Pennsylvania senator vows to block it

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Best EV Stock to Buy in 2024: Tesla Stock vs. Nio Stock

The Motley Fool

Fool.com contributor Parkev Tatevosian compares two of the most popular EV stocks in the markets today, Tesla (NASDAQ: TSLA) and Nio (NYSE: NIO) , to determine which is the better buy. *Stock prices used were the afternoon prices of Dec. 20, 2023. The video was published on Dec. 22, 2023. Should you invest $1,000 in Nio right now? Before you buy stock in Nio, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy no

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PaintJet Raises $10M in Series A Funding

FinSMEs

PaintJet, a Hendersonville, TN-based robotic painting company, raised $20M in Series A funding. The round was led by Outsiders VC with participation from Dynamo, Pathbreaker Ventures, MetaProp and VSC Ventures. This brings PaintJet’s total funding to $14.75M. The company intend sto use the funds to move its headquarters from Nashville to Virginia and scale its robotic […] The post PaintJet Raises $10M in Series A Funding appeared first on FinSMEs.

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BlackRock sued by US state over ESG strategies

Financial Times: Moral Money

Tennessee’s lawsuit is the latest Republican-led salvo against $9.

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Ten Surprises of 2023: Year End Review

Blackstone

In October, we lost Byron Wien, a remarkable figure who actively contributed to Blackstone’s investment strategy until his passing. Byron’s commitment to his craft along with his geniality and grace earned him an influence that extended far and wide, something that was on full display at his memorial at the New York Historical Society. Traditionally at this time of year, we would review the current year’s Ten Surprises while we put the finishing touches on the next edition.

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One Ultra-Cheap High-Yield Dividend Stock to Buy

The Motley Fool

Dividend stocks that trade at cheap valuations can give investors multiple ways to profit from them. In addition to dividend income, you're also potentially setting yourself up for the possibility of profiting from a higher price in the future -- assuming, of course, the business does well. Heading into 2024, there are many good deals for dividend stocks, as many investors were focused on growth stocks this past year.

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UltiHash Raises $2.5M in Pre-Seed Funding

FinSMEs

UltiHash, a Berlin, Germany- and San Francisco, CA-based high-performance and sustainable data storage solution, raised $2.5m in pre-seed funding. The round was led by Inventure, with participation from PreSeedVentures, Tiny VC, Futuristic VC, The Nordic Web, Antti Karjalainen, Founder, and angel scout for Sequoia Capital, and other private investors.

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You'll Never Guess What the Average Social Security Benefit Will Be in 2024

The Motley Fool

Social Security is one of the most important income sources for many retirees because it's guaranteed to last for life and can't run out -- unlike savings. But both current and future retirees need to have a realistic idea of what their retirement benefits will actually do for them. That's why it's so important to know what the average Social Security benefit will be in 2024, as the amount may surprise you.

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3 AI-Backed Stocks That Could Return Magnificent Gains in 2024

The Motley Fool

Artificial intelligence (AI) made a huge splash in 2023 and is likely to continue making waves in 2024. After all, industry forecasts estimate the global AI market will grow from roughly $208 billion in 2023 to nearly $300 billion in 2024 and will continue expanding to reach $1.8 trillion by 2030. When it comes to investing in AI, you want companies where the technology is essential to their businesses.

Returns 246
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2 Artificial Intelligence (AI) Stocks That Could Go Parabolic

The Motley Fool

Artificial intelligence (AI) stocks have been in the limelight over the past year, thanks to the massive impact this technology is likely to have across multiple industries, with McKinsey estimating that AI adoption could add a whopping $13 trillion to the global economy by 2030. There are many ways investors can capitalize on this huge opportunity.

Companies 246
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Disney Can't Catch Netflix but Here's How It Can Make Billions in Streaming

The Motley Fool

Disney (NYSE: DIS) made a big pivot to streaming in 2023 and Bob Iger hopes to make the business both a growth segment and a profitable contributor. The recent acquisition of Hulu and price increases tell part of the story of how the company sees the streaming future. In this video, Travis Hoium lays out Disney's strategy and why 2024 will be a big year for the stock.

Returns 246