Sat.Jul 01, 2023 - Fri.Jul 07, 2023

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U.S. Money Supply Is Doing Something Not Seen Since the Great Depression, and It May Signal a Big Move to Come for Stocks

The Motley Fool

Who needs a theme park when you have Wall Street. Over the trailing two years, we've watched the ageless Dow Jones Industrial Average (DJINDICES: ^DJI) , widely followed S&P 500 (SNPINDEX: ^GSPC) , and growth-dominated Nasdaq Composite (NASDAQINDEX: ^IXIC) , roar to new all-time highs, plunge into a bear market , and regain their luster, once more.

Banks 317
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Private equity firm L Catterton, which is backed by LVMH, has sold leading Italian bicycle brand Pinarello valued around $273m

Private Equity Insights

Elite Italian bicycle maker Pinarello changes hands Fausto Pinarello, the son of the founder of the bicycle group, would maintain a stake in the company and his role as chairman, L Catterton said in a statement. The company traces its roots back to a cycle shop set up by former professional cyclist Giovanni Pinarello in 1952. It provided bikes for 1990s Tour de France champion Miguel Indurain and current hour record holder Filippo Ganna.

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The Broker Who Saved America

The Reformed Broker

You know Hancock and Washington and Franklin and Jefferson. You might even know Greene and Knox, Henry and Hale. And we know you know Hamilton, pretty tough to escape that one these days! But it is very unlikely that you know the name Haym Solomon. This is unfortunate, because he’s the guy who arranged financing to keep the Continental Army alive during its darkest days, finding the money to keep the revolution goin.

Financing 144
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20 topics for your financial blog

Investment Writing

If you feel frustrated by coming up with topics for your financial blog, the journalist’s five Ws and one H can help. Below I share a list of 20 topics inspired by the five Ws and one H. As you brainstorm topics, think about how you can solve problems for members of your target audience. This will make your posts relevant to them. For help with this, read “ WHAT PROBLEM does this blog post solve for them?

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A Bull Market Is Coming: 2 AI Stocks to Buy Now and Hold Forever

The Motley Fool

No doubt about it, artificial intelligence (AI) is 2023's hottest tech trend. Beyond that, it's also helped power big gains for the stock market. Some analysts and industry watchers have already hailed the beginning of a new bull market. But regardless of what definition of bull market you use, the market's next big bullish phase will almost certainly see big gains for top AI companies.

Stakes 299
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Contrarians Are Usually Wrong

A Wealth of Common Sense

I have a hot take that’s been pre-heating in the over for a while that goes like this: The Big Short by Michael Lewis has lost investors more money than the last 3 bear markets combined. Allow me to explain. We’ve all read (or watched the movie) about the band of misfits who made a contrarian bet against the housing market and made a fortune.

Investors 132

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Securing a Mortgage for Your Small Business: What You Need to Know

FinSMEs

For many small business owners, securing a mortgage is a critical step in achieving their growth and expansion goals. Whether you’re looking to purchase commercial property, expand your existing premises, or invest in real estate, understanding the process of securing a mortgage is essential. In this article, we will discuss the key factors you need […] The post Securing a Mortgage for Your Small Business: What You Need to Know appeared first on FinSMEs.

Investing 113
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7 Best Stocks to Buy in July 2023

The Motley Fool

Today, I share the seven best stocks to buy in July 2023, which I believe have significant upside for long-term investors. I provide a blend of stocks, from hypergrowth stocks to mature growth stocks, that are opportunities for growth investors. *Stock prices used were the afternoon prices of June 30, 2023. The video was published on July 1, 2023. Find out why Tesla is one of the 10 best stocks to buy now Our analyst team has spent more than a decade beating the market.

Investors 298
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Is That It For the Housing Market Correction?

A Wealth of Common Sense

There was a viral post on Twitter last week about an Airbnb revenue collapse: Sounds scary. According to Elon Musk’s money pit of a company, this tweet had millions of views. A lot of people wanted this to be true because it would show how fragile the housing market is these days. A crash at last! Alas, there was a follow-up fact-check tweet that called into question the veracity of the Airbnb collapse: I’ve.

Companies 116
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More Inflation Expectations Silliness

The Big Picture

This morning, the WSJ reported that “Consumers expect to see 4.1% inflation a year from now, the lowest such reading in two years and down sharply from its recent peak of 6.8%.” There are some who believe this is good news, but as we pointed out in May , it’s a meaningless, lagging survey. In fact, it may be even worse than that, because it appears that some at the Federal Reserve actually believe the Fed’s own survey of consumers contains information.

Investing 119
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Redpanda Data Raises $100M in Series C Funding

FinSMEs

Redpanda Data, a San Francisco, CA-based streaming data platform for developers, raised $100M in Series C funding. The round, which brought the total amount to $165M, was led by returning investors Lightspeed Venture Partners, along with GV and Haystack VC. The company intends to use the funds to expand operations and its business reach to power data-intensive applications with […] The post Redpanda Data Raises $100M in Series C Funding appeared first on FinSMEs.

Funds 113
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Nearly Half of Warren Buffett's Dividend Income Comes From Just 3 Stocks

The Motley Fool

For the better part of six decades, Warren Buffett, the billionaire CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , has been dazzling Wall Street with his investing prowess. As of June 30, 2023, Berkshire's Class A shares (BRK.A) have climbed an aggregate of 4,184,390% since the Oracle of Omaha took the reins in the mid-1960s. Buffett's secret to success is truly no secret at all.

Banks 290
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These Are the Highest Paid CEOs — And 9 Make More Than $100 Million a Year, According to a New Report

Entrepreneur - VC

A new report by C-Suite Comp, examined by the Wall Street Journal, found that nine CEOs took home $100 million or more in total compensation in 2022. See the full list of the highest-paid CEOs, here.

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Majority of Hedge Funds Fail to Meet Benchmarks

The Big Picture

Barry Ritholtz, “Masters in Business” Radio and Podcast Host discusses the environment of hedge funds and the war on talent between them. He speaks with Romaine Bostick and Scarlet Fu on Bloomberg Markets: The Close Vast Majority of Hedgefunds Are Failing to Meet Targets: Ritholtz Source: Bloomberg See also : MiB: Ilana Weinstein Discusses the Hedge Fund War for Talent (July 1, 2023) The post Majority of Hedge Funds Fail to Meet Benchmarks appeared first on The Big Picture.

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EGYM Raises $225M in Series F Funding 

FinSMEs

EGYM, a Munich, Germany-based connected fitness company, raised $225m in Series F funding. The round was led by Affinity Partners with participation from Mayfair Equity Partners and Bayern Kapital. The company intends to use the funds to expand operations and its business reach. Led by CEO and co-founder Philipp Roesch-Schlanderer, EGYM is a global fitness […] The post EGYM Raises $225M in Series F Funding appeared first on FinSMEs.

Funds 112
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What's the Average Net Worth for the Lower, Middle, and Upper Class?

The Motley Fool

Image source: Getty Images Lower class, middle class, and upper class are all widely used, but rarely defined terms. For some people, lower class means living in poverty, upper class means a life of luxury, and middle class is everyone else. Thanks to reports by the U.S. Census Bureau, we can get a much more accurate idea of what these terms mean financially.

Financing 290
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The Tale of Two Crypto Super Bowls — How Startups Can Thrive in a Bear Market

Entrepreneur - VC

By focusing on viable products with utility and controlling the narrative, emerging crypto startups can increase their chances of success in an unpredictable crypto market.

Startups 110
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Financial models on climate risk ‘implausible’, say actuaries

Financial Times: Moral Money

Lack of understanding of full economic damage caused by ‘hothouse’ conditions, report finds

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stellarup Raises €500K in Seed Funding

FinSMEs

stellarup, an Amsterdam, The Netherlands-based global HR SaaS solution, raised a seed funding of €500K. The round was led by a US tech investor. The company intends to use the funds to improve and accelerate user interface and experience design (UI/ UX) features and integration, and boost marketing. Led by Estelle Roux-Stevens, stellarup provides a […] The post stellarup Raises €500K in Seed Funding appeared first on FinSMEs.

Funds 109
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1 Super Stock That Could Join Apple, Microsoft, Nvidia, Alphabet, and Amazon in the $1 Trillion Club

The Motley Fool

The U.S. economy has consistently produced the world's most valuable companies, but the industries leading the way tend to change over time. For example, United States Steel became the first $1 billion company on the planet in 1901. But it has only grown to a $5.5 billion valuation in the 122 years since then, with hundreds of other companies leaving it in the dust.

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Nelly Is 'Shaking a Tailfeather' All the Way to the Bank. Rapper Sells Half of His Song Catalog for $50 Million.

Entrepreneur - VC

Rapper Nelly has reportedly sold half of his song catalog for $50 million, including hits like 'Hot in Herre,' 'Dilemma' and more. See details about the deal.

Banks 102
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10 Monday AM Reads

The Big Picture

My back-to-work morning train WFH reads: • 6 Rules to Know Before Hanging an American Flag This July 4 : Did you know that the MLB and NFL routinely violate one of them? ( Wall Street Journal ) • The multibillion-dollar lawsuits that could radically reshape how we buy and sell homes forever : As the money makes its way to all the players in the transaction, you may wonder: Why does it work this way?

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Timetoact Acquires Stagil

FinSMEs

Timetoact Group, a Cologne, Germany-based provider of IT services for medium-sized companies, corporations and public institutions, is acquiring Stagil, one of Germany’s largest Atlassian Platinum and Enterprise Solution Partners. The amount of the deal was not disclosed. The acquisition represents a further expansion of Timetoact Group’s consulting portfolio, managed under the catworkx brand, into a […] The post Timetoact Acquires Stagil appeared first on FinSMEs.

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Why Shares of Canopy Growth Jumped Monday

The Motley Fool

What happened Canadian cannabis company Canopy Growth (NASDAQ: CGC) was up more than 39% Monday morning as of 11:30 a.m. ET. The stock jumped after the company announced several moves to improve its liquidity and pay down its debt. Canopy's shares are still down more than 76% to start the year. So what Two factors goosed the stock upward on Monday. Part of the move was a reaction to Canopy's shares falling more than 11% on Friday and hitting its 52-week low of $0.384.

Legal 278
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Taylor Swift, FTX Had a Massive Fallout Before Its Collapse, According to a New Report

Entrepreneur - VC

A new report claims that Taylor Swift was set to sign a deal estimated to be worth $100 million with the crypto platform FTX, but the singer narrowly escaped what could have been the loss of millions.

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10 Sunday Reads

The Big Picture

Avert your eyes! My Sunday morning look at incompetency, corruption and policy failures: • The Military Recruiting Crisis: Even Veterans Don’t Want Their Children to Join : Pentagon scrambles to retain the main pipeline for new service members as disillusioned families steer young people away. ( Wall Street Journal ) • Middle America’s ‘doom loop’ Work from home is crushing Midwestern downtowns ( Business Insider ) see also St.

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DataGalaxy Raises $10M in Seed Funding

FinSMEs

DataGalaxy, a Lyon, France-based provider of collaborative data governance solutions, raised $10m in seed funding. The round was led by AV8 Ventures with participation from Orange Ventures, as well as existing backers NewFund and Evolem. The company intends to use the funds to expand its operations in the US, enrich its suite of data products, […] The post DataGalaxy Raises $10M in Seed Funding appeared first on FinSMEs.

Funds 109
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Is Disney's Bob Iger Running Out of Time?

The Motley Fool

It's been nearly eight months since Bob Iger returned to Walt Disney (NYSE: DIS) as its CEO, and the clock keeps ticking. He was brought back on a two-year contract, and it's becoming fairly clear that Iger doesn't have enough time to turn things around by the end of 2024. I predicted back in December that Iger would negotiate a contract extension in 2023.

Stakes 264
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Twitter Temporarily Sets Rate Limits for Users, Blames 'Extreme Levels of Data Scraping'

Entrepreneur - VC

Twitter owner Elon Musk told app users that the company was limiting how many posts people could see per day. Read more about Twitter's perplexing new business move, here.

Companies 100
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Anticipated Joy vs. Anticipated Regret

A Wealth of Common Sense

Last year I was pounding the table on The Bear (Hulu/FX) as one of my new favorite shows. I liked it so much I didn’t really know how a second season would go. I finished season 2 this week and it’s not hyperbole to say it was one of my favorite seasons of any TV show I’ve ever watched. It blew me away how good it was. It reminded me I actually wrote a post last year using one of my favorite scenes with.

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Gooten Raises $11M in Series A Funding

FinSMEs

Gooten, a New York-based provider of order management technology for on-demand manufacturing, raised $11M in Series A funding. The round was led by KEC Ventures, with participation from INX International, Tech Pioneers Fund, and other existing investors. As part of the round, Will Geigerof Touchdown Ventures will join Gooten as a board observer on behalf of […] The post Gooten Raises $11M in Series A Funding appeared first on FinSMEs.

Funds 109
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Why Shares of CleanSpark, Riot Platforms, and Hut 8 Mining Are Rising Today

The Motley Fool

What happened Shares of crypto-mining companies continued their monstrous run today amid a more favorable jobs report that did little to quell investor concerns about more interest rate hikes ahead. Shares of CleanSpark (NASDAQ: CLSK) traded nearly 14% higher as of 12:51 p.m. ET today. Meanwhile, shares of Riot Platforms (NASDAQ: RIOT) also traded nearly 14% higher, while shares of Hut 8 Mining (NASDAQ: HUT) were up almost 10%.

Assets 264
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'We Want To Do It Differently': Mark Zuckerberg and Elon Musk Continue Feud as Meta Launches 'Threads'

Entrepreneur - VC

On Wednesday, Meta launched its new platform called Threads which is meant to be the company's rival to Elon Musk's Twitter. Musk and Meta CEO Mark Zuckerberg have been squabbling for weeks. Read more about the feud, here.

Companies 100
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AI, humans and the new age of asset management

Top 1000 Funds

AI cannot yet fully replicate human behaviour in all its dimensions, but if we are able to mitigate the risks that have and will come from multiple sources it can be a game changer for our industry.