Sat.Sep 21, 2024 - Fri.Sep 27, 2024

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Synthetic biology can save us – if it gets the capital it needs

Top 1000 Funds

In years gone by, governments underwrote the development of new technologies before opening the doors to the private sector to exploit the applications. Today, the private sector is the primary source of R&D funding, and foundational research in technologies such as biotech are struggling to attract capital.

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Buy Gas at Costco? Watch Out for This Scam

The Motley Fool

Image source: Getty Images Fueling up for less is one of the ways people save money at Costco (even if it occasionally means waiting in a line of cars to do so). On average, Costco gas is less expensive than area competitors. What keeps this perk so exclusive, however, is that you're required to scan your membership card at the pump. This can be your physical card or a digital card through the Costco app.

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The Middle Class: Feelings vs. Finances

A Wealth of Common Sense

Gallup has a poll that asks Americans what income strata they belong in. The results are relatively stable over the past 20+ years: Most people say middle class while very few people think they are upper class. The Pew Research Center has a new tool that allows you to enter your income and see where it is you fit both nationally and locally. Their numbers show the Gallup poll is right on the money as far as middle-class.

Finance 140
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Nobody Knows Anything, The Beatles edition

The Big Picture

In celebration of Abbey Road being released 55 years ago today (September 26, 1969), here is a short, Beatles-related excerpt from my upcoming book: “ How Not To Invest: The ideas, numbers, and behaviors that destroy wealth – and how to avoid them.” The book is being published ~March 18, 2025, and is available for pre-ording today.

Returns 133
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The Big China Long?

Pension Pulse

By Liz Lee and Ellen Zhang of Reuters report China launches late stimulus push to meet 2024 growth target: China's central bank on Friday lowered interest rates and injected liquidity into the banking system as Beijing assembled a last-ditch stimulus assault to pull economic growth back towards this year's roughly 5% target. More fiscal measures are expected to be announced before China's week-long holidays starting on Oct. 1, after a meeting of the Communist Party's top leaders showed an increa

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Better Artificial Intelligence (AI) Stock: Nvidia vs. AMD

The Motley Fool

The semiconductor industry has received a big lift from the growing adoption of artificial intelligence (AI) technology in multiple industries ranging from data centers to smartphones to personal computers, which explains why the PHLX Semiconductor Sector index has clocked healthy gains of 20% so far in 2024. Nvidia (NASDAQ: NVDA) has been one of the biggest beneficiaries of the fast-growing demand for AI chips.

Returns 246

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MiB: Kyla Scanlon on Vibecessions & Gen Z

The Big Picture

This week, we speak with Kyla Scanlon , creator, host of YouTube’s,“Let’s Appreciate” podcast , writer of daily short-form videos about economy + markets. She has been published at Bloomberg, New York Magazine, FT, and the NYT. Her new book “ In This Economy?: How Money & Markets Really Work ” just came out this Summer. We discuss how she came up with the idea of a “ Vibecession ” and how it became a popular New York Times guest essay.

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Kainos promotes two to Partner

Private Equity Wire

Kainos Capital (Kainos), a food and consumer-focused private equity firm, has promoted David Gassko and Jeff Moredock to Partner. Gassko and Moredock were both previously Principals, and each have over a decade of experience in the food and consumer sectors. Gassko joined Kainos in 2013 as an Associate, having begun his career as an investment banker with Wells Fargo.

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CrowdStrike Caused 1 of the Biggest IT Outages Ever. You'll Never Believe What Its CEO Said Is Happening With the Business Now.

The Motley Fool

On July 19, a defect in a software update from cybersecurity specialist CrowdStrike (NASDAQ: CRWD) caused one of the largest IT outages in history. Around the world, flights were canceled, financial institutions were unable to process transactions, and investors started panicking. At the time of the outage, shares of CrowdStrike were trading near all-time highs.

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Rate Cuts & Historical Market Analogues

A Wealth of Common Sense

Studying market history has made me a better investor. Calculating historical performance data is one of my go-to moves for this blog. It helps provide some insight into the potential risks and range of outcomes in the markets. Market history also helps keep you grounded. It’s important to understand the booms and busts — the South Sea Bubble, the panic of 1907, the roaring 20s, the Great Depression, the Nifty.

Investors 117
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The trait that will define ‘the California model’, according to CalPERS

Top 1000 Funds

Allocation to climate solutions and the ability to generate alpha from that across asset classes are what will define the future “California model”, according to CalPERS managing director of sustainable investment, Peter Cashion.

Assets 98
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Luxembourg private debt market surpasses €500bn

Private Equity Wire

Despite global market challenges, assets under management in Luxembourg’s private debt market increased by 21% to €510bn from June 2023 to December 202, compounding on last year’s AuM growth of 51%, according to a survey by Association of the Luxembourg Fund Industry (ALFI). As well highlighting the ongoing appetite for private debt funds domiciled in Luxembourg, the annual KPMG Private Debt Fund Survey 2024 reveals that while North America continues to be an area of strong investment focu

Debt 93
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Cathie Wood Says Software Is the Next Big AI Opportunity -- 1 Spectacular Stock You'll Regret Not Buying if She's Right

The Motley Fool

Cathie Wood is the head of Ark Investment Management, which operates a family of exchange-traded funds (ETFs) focused on innovative technology stocks. Last year, Wood said software companies could be the next big opportunity in the artificial intelligence (AI) industry. She predicts they will eventually generate $8 in revenue for every $1 they spend on AI data center chips from suppliers like Nvidia.

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Planning For Early Retirement

A Wealth of Common Sense

The Roth Man himself, Bill Sweet, joined me on the show this week to discuss questions about taxes in marriage, retirement withdrawal strategies, the tax implications of selling farmland and how to manage tax rates in early retirement.

Taxes 110
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Unified view boosting appeal of total portfolio approach

Top 1000 Funds

The changing nature of volatility in financial markets and a more client-centric approach that allows allocations to be tailored is helping more institutions adopt a total portfolio approach (TPA) to investment management, the Fiduciary Investors Symposium at Stanford University has heard.

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L Catterton acquires majority stake in pilates chain Solidcore

Private Equity Wire

Buyout firm L Catterton, backed by luxury conglomerate LVMH, is to acquire a majority stake in the pilates studio operator Solidcore from VMG Partners, Peterson Partners, and Kohlberg & Company in a deal that values the fitness chain at $700m, according to a report by Reuters. The report cites unnamed sources familiar with the matter as confirming that L Catterton will hold its stake in Solidcore, which is known for its intense 50-minute workout sessions on its proprietary “Sweatlana” reform

Stakes 92
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2 Vanguard ETFs That Dividend Investors Can Buy and Hold Forever

The Motley Fool

Regardless of whether you're a new investor, experienced, or are near retirement, investing in an exchange-traded fund (ETF) can make a lot of sense. ETFs can be an easy option if you're looking to simplify your strategy and aren't sure of where to put your money. And having the same go-to ETF to put money into on a recurring basis can make for an excellent way to build up your portfolio's balance over the years.

Investors 246
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Ajeej Capital, Nuwa Capital launch $100m MENA-focused tech debt investment fund

AltAssets

Amplify Growth Partnership, a collaboration between Ajeej Capital and Nuwa Capital, has revealed a $100m fund targeting debt deals for MENA-based tech companies. The post Ajeej Capital, Nuwa Capital launch $100m MENA-focused tech debt investment fund appeared first on AltAssets Private Equity News.

Debt 94
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Smartsheet to be Acquired by Blackstone and Vista Equity Partners for $8.4 Billion

Blackstone News

The post Smartsheet to be Acquired by Blackstone and Vista Equity Partners for $8.4 Billion appeared first on Blackstone.

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Aztec Group appoints US Head of Private Credit

Private Equity Wire

Fund and corporate services administrator Aztec Group has appointed Todd Werner as US Head of Private Credit, with responsibility for developing and implementing strategy and expanding Aztec Group’s presence in the US market. According to a press statement, Werner will also play a key role in developing Aztec’s Private Credit business in the United States by “supporting the evolution of best practice, financial governance and strategic considerations related to the processing a

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Billionaires Are Selling Nvidia Stock and Buying Up This Cryptocurrency Instead

The Motley Fool

It's always good to know what the smartest minds on Wall Street have been up to recently. That's why it's worth checking out recent 13F filings with the Securities and Exchange Commission (SEC) , which are required of all companies and individuals with more than $100 million in assets under management (AUM). Often, you can get some very good clues about where billionaires see the market moving next by checking out what they have been buying and selling.

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Green campaigners lambast UN climate summit hosts for clinging to fossil fuels

Financial Times: Moral Money

Also in today’s newsletter, an interview with the chief executive of ESG darling Schneider Electric

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One way or another, Intel is for sale

Financial Times M&A

Tech group wants to remain both a cutting-edge designer and manufacturer of chips

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Citi and Apollo agree $25bn private credit tie-up

Private Equity Wire

Citigroup Inc and Apollo Global Management Inc have announced a strategic partnership to target $25 billion in private credit transactions over the next five years, marking a significant expansion into the rapidly growing sector, according to a report by Bloomberg. The partnership, which also includes Mubadala Investment Co and Apollo’s insurance unit, Athene, will initially focus on non-investment grade lending in North America.

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Want $100 a Year in Costco Savings? Here's How to Get It

The Motley Fool

Image source: Getty Images If you're joining Costco , you get to choose between two membership tiers. Costco's basic Gold Star membership costs $65 per year, while the Executive membership costs double at $130. At first, you might think that getting the more expensive membership doesn't make sense. But you should know that the Executive membership comes with one giant perk -- 2% cash back on your purchases.

Finance 246
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Is Stock-Split Stock Super Micro Computer Headed to $729 per Share?

The Motley Fool

Companies that decide to split their stock -- increasing share count and decreasing per-share price -- are usually doing quite well. Most companies don't announce stock splits unless their shares have climbed significantly over time. However, there are occasions when a stock split occurs during a rocky period for the company's shares. This is the case for Super Micro Computer (NASDAQ: SMCI) , whose stock is down 35% since its split announcement in early August.

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A Little Good News for Nio Investors

The Motley Fool

The future of the automotive industry is almost certainly electric vehicles (EVs), even if growth has been slower than once anticipated. An even more intriguing investment opportunity is found overseas with Chinese EV makers as they are heavily subsidized by the government, boast leading technology, and produce vehicles that are well-received. In July, for the first time, sales of electric vehicles took a 51% market share of China's overall new passenger vehicle market.

Investors 246
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1 Unstoppable Semiconductor ETF That Could Turn $200,000 Into $1 Million

The Motley Fool

The artificial intelligence (AI) revolution wouldn't be possible without semiconductors. They fill the data centers that developers use to build AI models, and they power the computers and devices we use to access the technology. Picking the winners and losers in the semiconductor space won't be easy because the pace of innovation is staggering. Nvidia had a market capitalization of $360 billion at the start of 2023, and less than two years later, it now stands at a whopping $3 trillion!

Returns 246
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Why Intel Stock Wasn't Lighting a Fire Under Investors on Friday

The Motley Fool

Some investors probably saw a missed opportunity with the latest news about Intel (NASDAQ: INTC) on Friday. A media report claimed that the company rebuffed a buyout offer of one of its less popular business units. As a result, an ambivalent market traded the chip maker's stock sideways. It ended up closing flat on the day, marking an only slightly better trading session than the marginally declining S&P 500 index.

Investors 246
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Here's Why You Shouldn't Sign a Mortgage Right Now -- Even Though Rates Are Falling

The Motley Fool

Image source: Getty Images In November 2023, the average 30-year mortgage rate soared to 7.76%. And that was extremely discouraging to buyers, especially given that home prices have been elevated since they started climbing in 2021. But recently, mortgage rates have begun to fall. Since June, they've been below 7%. And on Sept. 19, following a half-point rate cut from the Federal Reserve, the average 30-year mortgage rate dropped to 6.09%.

Taxes 246
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1 Popular Artificial Intelligence (AI) Stock That Wall Street Says to Sell Now

The Motley Fool

Using Wall Street analysts' price targets to determine whether a stock is a buy or a sell isn't the best strategy. While it should help inform investors of how others think of the stock, it shouldn't be the be-all and end-all. One popular artificial intelligence (AI) stock that these analysts (on average) say to sell now is Palantir (NYSE: PLTR). According to an average of 15 analysts, the average price target for Palantir stock is $27.08, which indicates a nearly 30% downside.

Returns 246
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Can Carnival Stock Cruise Higher Next Week?

The Motley Fool

This may be the lull before earnings season starts up in earnest in a few weeks, but that doesn't mean that there's a moratorium on financial updates. Carnival (NYSE: CCL) (NYSE: CUK) reports its fiscal third-quarter results before the market opens on Monday. The final trading day of the month -- and quarter -- won't be sleepy. Carnival's report covers the months of June, July, and August.

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Best ETF to Buy: VanEck Semiconductor ETF vs. iShares Semiconductor ETF

The Motley Fool

Semiconductor stocks have been soaring, led by Nvidia. But that's been far from the only winner -- other popular names like Taiwan Semiconductor , Advanced Micro Devices , and Broadcom have all surged since the start of 2023, shortly after ChatGPT was launched. If you want exposure to a group of stocks, a smart way to do so is through an exchange-traded fund (ETF).

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Novo Nordisk Just Committed More Than $1.1 Billion to Make the Next Ozempic, but Is the Stock a Buy?

The Motley Fool

By now, pretty much everyone has heard of Novo Nordisk 's (NYSE: NVO) widely popular drug for type 2 diabetes, Ozempic. And, as many investors appreciate, when a pharma company mints a winning product, it's only logical for it to leverage the expertise required to develop the product into making new medicines that are even better. On that note, Novo is already moving very aggressively to invent sequels to Ozempic by flexing its financial might and cutting collaboration agreements with biotechs t

Bidding 246