Sat.Aug 19, 2023 - Fri.Aug 25, 2023

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1 Artificial Intelligence (AI) Stock to Buy Hand Over Fist Before It Soars Like Nvidia

The Motley Fool

Nvidia 's valuation has gone through the roof in 2023 thanks to a huge rally in the company's stock price. Shares of the chipmaker have shot up roughly 230% so far this year, driven primarily by the artificial intelligence (AI) arms race that has led to booming demand for its data center graphics cards that are being deployed for training AI models.

Investors 246
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Private Equity Firm Francisco Partners Buys IBM Weather Business at a Value of Around $1BN

Private Equity Insights

International Business Machines has agreed to sell its weather business to private equity firm Francisco Partners for an undisclosed sum, the technology services giant said on Tuesday. The sale includes The Weather Company’s consumer-focused assets such as Weather.com and Storm Radar, as well as enterprise offerings for industries including media and aviation.

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Trending Sources

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Video: Couple Frantically Tries To Wave Down Cruise Ship Before Being Stranded At Dock

Entrepreneur - VC

A couple set to board the MSC Splendida out of Bari, Italy, is going viral after footage of the pair trying to stop the boat from leaving the port made its way around social media.

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Qase Raises $6.7M in Series A Funding

FinSMEs

Qase, an Austin, TX-based platform that enables dev and QA teams to conduct manual and automated software testing in one workspace, raised $6.7m in Series A funding. The round was led by Chrome Capital with participation from Finsight Ventures and S16VC. The company intends to use the funds to scale its team, and to launch […] The post Qase Raises $6.7M in Series A Funding appeared first on FinSMEs.

Funds 98
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What Is VinFast Auto and Why Is the Stock Up Over 240% in 5 Days?

The Motley Fool

How often do you see a stock zoom more than 270% within days of its initial public offering (IPO) ? Speculation and momentum often drive such large, erratic moves in stock prices. While a blowout stock market debut may not always be the best buying opportunity, it often does create the perfect time to learn more about a company and see why its stock is rising.

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Lessons for Investors from Mini-Panics

The Big Picture

The first post-pandemic presentation I pulled together for my pal Joe Fitzgerald (we worked together in the late 2000s) was a new deck titled: Biggest Mistakes Made by UHNW Investors. In the intervening year, I updated and refined the deck, adding more examples and specific advice. below is my discussion of what the presentation will be like at the MoneyShow in Orlando on October 30.

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Metroc Raises €2M in Seed Funding

FinSMEs

Metroc, a Helsinki, Finland-based construction tech company, raised €2m in seed funding. Backers included Lifeline Ventures, and some angel investors. The company intends to use the funds to expand its reach to other Nordic countries and beyond, and grow its team, especially in tech, sales, and marketing. Led by Jussi Virnala, Founder & CEO, Metroc provides an […] The post Metroc Raises €2M in Seed Funding appeared first on FinSMEs.

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Warren Buffett Will Collect $4.31 Billion in Annual-Dividend Income From These 5 Stocks

The Motley Fool

For the past 58 years, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett has been running circles around Wall Street. He's overseen a greater-than 4,300,000% aggregate gain in his company's class A shares (BRK.A), as of the closing bell on Aug. 18, 2023, and has doubled-up the broad-based S&P 500 (as of Dec. 31, 2022), based on annualized total return, since becoming CEO.

Banks 246
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Forget the iPhone: BlackBerry is still the one to beat

The Big Picture

How little do we know about the future? A great way to figure that out is to look to our past, to see what we previously thought about what the future will hold. To wit: 26 years ago, the image above came from the cover story of Fortune magazine: “There’s a lot of buzz in the smartphone business lately, with Apple’s (AAPL) iPhone turning the mobile world upside down and Nokia’s (NOK) upcoming phone announcement providing a new challenge.

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'Egg Crack Challenge' on TikTok Puts Children at Risk of Emotional Harm, Experts Warn

Entrepreneur - VC

Parents on TikTok are participating in the "eggcrack challenge," cracking eggs on their children's heads, sparking concerns from experts regarding the potential emotional harm.

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Bonfire Analytics Closes USD1M Pre-Seed Funding

FinSMEs

Bonfire Analytics, a New York-based healthtech startup, raised USD1M in Pre-Seed funding. The backers were not disclosed. The company intends to use the funds to perfect the product experience and acquire high value data sets that will make their predictions more accurate. Founded by Vinay Nagaraj and Jaya Pokuri in 2022, Bonfire Analytics enables digital […] The post Bonfire Analytics Closes USD1M Pre-Seed Funding appeared first on FinSMEs.

Funds 98
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Why Nikola Stock Popped Today

The Motley Fool

What happened Shares of electric and fuel-cell-powered truck company Nikola (NASDAQ: NKLA) soared 11% through 12:15 p.m. ET this afternoon after Barron's reported that the California State Teachers' Retirement System (CalSTRS, the second-largest pension fund in the U.S.) has increased its investment in the EV company. So what In the second quarter of 2023, CalSTRS added 221,367 Nikola shares to its holdings, a 52% increase that brings its total investment in the EV maker to 641,827 shares.

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What drives success at CPP Investments’ giant PE portfolio

Top 1000 Funds

Size and scale are not always advantages. Against the backdrop of tougher market conditions, CPP Investments' global head of private equity Suyi Kim says successfully managing what could be the world’s largest private equity allocation a program will depend on successfully managing the large team.

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'This Is So Beautiful': Internet Raises Over $420,000 For Burger King Worker Who Hasn't Missed a Day in 27 Years

Entrepreneur - VC

Kevin Ford, who has worked at the Burger King in the Harry Reid International Airport in Las Vegas for 27 years, went viral after viewers saw that management only rewarded his efforts with a bag of candy.

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EverService Acquires iLawyer Marketing

FinSMEs

EverService Holdings, a Phoenix, AZ-based provider of tech-enabled business solutions, acquired iLawyer Marketing, a San Diego, CA-based legal-focused digital marketing solutions company. The amount of the deal was not disclosed. The acquisition further enhances EverService’s commitment to innovating the legal industry through advanced technology and integrated services.

Legal 98
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Why VinFast Auto Jumped Today and Nearly Quadrupled This Week

The Motley Fool

What happened Shares of VinFast Auto (NASDAQ: VFS) are jumping yet again today. After a spike of nearly 30% Friday morning, the Vietnamese electric vehicle (EV) maker's stock was still higher by 17.5% as of 10:55 a.m. ET. After going public through a combination with a special purpose acquisition company (SPAC) last week, today's move has helped the newly public stock nearly quadruple just this week.

Companies 246
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Finnish fund Elo’s CIO reveals portfolio plans

Top 1000 Funds

Hanna Hiidenpalo, Elo’s CIO discusses progress around internal management, the impact of Finnish equities on the portfolio, and the fund’s sustainability program which includes a target of carbon-neutral energy use in direct real estate by 2027.

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'Can't Thank Him Enough For My Childhood': Gamers Mourn a Major Change for Super Mario Bros. Nintendo Character

Entrepreneur - VC

It's the end of an era as Nintendo announced that Charles Martinet, who has voiced the titular character of Mario in the Super Mario Bros. franchise for over 25 years, would be stepping away from his role.

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Aily Labs Raises €19M in Series A Funding

FinSMEs

Aily Labs, a Munich, Germany-based provider of an AI-powered decision intelligence app for global enterprises, raised €19M in Series A funding. The round was led by Insight Partners. The company intends to use the funds to scale operations and expand its presence in the United States while accelerating innovation in digital solutions and applied GenAI.

Funds 98
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Great News for Plug Power Stock Investors

The Motley Fool

Fool.com contributor Parkev Tatevosian discusses the market opportunity for Plug Power 's (NASDAQ: PLUG) products in this short video. *Stock prices used were the afternoon prices of Aug. 22, 2023. The video was published on Aug. 24, 2023. 10 stocks we like better than Plug Power When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* They just revealed what they believe are the t

Investors 246
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Apple hits big oversold levels, now what?

The Reformed Broker

The Relative Strength Index or RSI is typically expressed as a 14-day reading to determine the degree to which a stock or an index is overbought or oversold, if at all. It was created in 1978 by J. Welles Wilder Jr. (here’s the book) who was a mechanical engineer by trade before turning his mathematical mind to stock and commodity trading, subsequently developing some of the most widely traded tools in technical ana.

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Modelo Continues to Dominate Bud Light, Hits Another Major Milestone for the First Time Ever

Entrepreneur - VC

Although external factors like Bud Light's PR woes played a role, Modelo's rise to the top wasn't merely coincidental. The company had aimed to become the No. 1 beer in America by 2025.

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Creatively Focused Raises $3M in Seed Funding

FinSMEs

Creatively Focused, a Mendota Heights, MN-based educator-driven technology company, raised $3M in Seed funding. The round was led by York IE, with participation from Mairs & Power Venture Capital, Groove Capital, and Gopher Angels. The company intends to use the funds to expand its reach to all 50 states. Led by Founder and CEO Elizabeth Orme, Creatively Focused is […] The post Creatively Focused Raises $3M in Seed Funding appeared first on FinSMEs.

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Stock Market Sell-Off: 3 Tech Stocks Investors Should Avoid Right Now

The Motley Fool

The stock market seems uncertain right now. Some stocks experienced continued declines even after a massive sell-off in the 2022 bear market. Others recovered significantly in the first half of the year but reversed course in July and August as their financials failed to meet investor expectations. Such times leave investors questioning the growth potential of many stocks.

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Aeroflex Industries Ltd IPO (Subscribe)

Fintoo

Highlights Issue Size – 32,500,000 shares Issue Open/Close – Aug 22 / Aug 24, 2023 Price Band (Rs.) 102-108 Issue Size- Rs 3,510 mn Face Value (Rs) 2 Lot Size (shares) 130 Aeroflex Industries Ltd (AIL), a subsidiary of SAT Industries manufactures and supplies environment-friendly metallic flexible flow solution products like multiple varieties of hoses, […] The post Aeroflex Industries Ltd IPO (Subscribe) appeared first on Fintoo Blog.

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Barbara Corcoran Said This Early Career Purchase Was the 'Best Investment' She 'Ever Made'

Entrepreneur - VC

The "Shark Tank" star shared with viewers on social media how she spent her first-ever commission check — on a coat -- and how it made all the difference in her confidence.

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Weekday Raises $2.2M in Funding

FinSMEs

Weekday, a San Francisco, CA-based recruitment startup operating via a crowdsourced reference network, raised $2.2M in funding. The round was led by Venture Highway with participation from angel investors. The company intends to use the funds to expand operations and its business reach. Founded in 2021 by Amit Singh, Anubav Malik and Chetan Dalal, Weekday […] The post Weekday Raises $2.2M in Funding appeared first on FinSMEs.

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What's Your Social Security Break-Even Age? It Matters a Lot.

The Motley Fool

Since Social Security is likely to provide a big chunk of your retirement income -- it provides around 30% of the income of the retirees, on average -- it's worth learning how to make the most of it. One key thing to know is your break-even age, which can help you decide when to claim your benefits. Here's a look at the break-even age and how to calculate yours.

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MiB: Cass Sunstein on Decision Making

The Big Picture

This week, we speak with legal scholar Cass Sunstein , who founded and leads Harvard Law School’s Program on Behavioral Economics and Public Policy. He has authored numerous books, including the NYT bestseller The World According to Star Wars as well as “ Nudge: Improving Decisions About Health, Wealth and Happiness ” (written with Richard H. Thaler); and “ Noise: A Flaw in Human Judgment ” (written with Danny Kahneman).

Legal 98
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Elon Musk Expresses Concern Over X's Future, Says It 'May Fail' Amid Turbulent Year

Entrepreneur - VC

Elon Musk said that X, the platform formally known as Twitter, "may fail." Musk's takeover of Twitter has been marked by a series of setbacks, including a decline in advertising revenue.

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Borderless Raises £2.5M in Seed Funding

FinSMEs

Borderless, a London, UK-based workforce migration platform provider, raised £2.5m in seed funding. The round was led by Backed VC with participation from Tiny VC and angels including Charlie Songhurst and Chris Mairs. The company intends to use the funds to expand operations and its business reach. Co-founded by Matthew Bond and Jonathan Raphael, Borderless […] The post Borderless Raises £2.5M in Seed Funding appeared first on FinSMEs.

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Want $200 in Super Safe Annual-Dividend Income? Invest $1,750 Into the Following 3 Ultra-High-Yield Stocks

The Motley Fool

There is a myriad of investing strategies that can pay off on Wall Street. Buying dividend stocks tends to be one of the more successful ways to build wealth. Companies that regularly dole out a dividend to their shareholders tend to be profitable on a recurring basis, are time-tested, and can provide investors with transparent long-term growth outlooks.

Debt 246
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Vishnu Prakash R Punglia Limited IPO

Fintoo

Highlights Issue Size – 3,12,00,000 shares Issue Open/Close – Aug 24/Aug 28, 2023 Price Band (Rs.) 94 – 99 Issue Size- Rs 2,932 mn – Rs 3,088 mn Face Value (Rs) 10 Lot Size (shares) 150 Vishnu Prakash R Punglia Limited (VPRPL) is an integrated engineering, procurement, and construction (EPC) company. It also has ISO […] The post Vishnu Prakash R Punglia Limited IPO appeared first on Fintoo Blog.

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The Side Hustle He Saw on YouTube Earned Him a Multi-Year Deal With Sony and Income Streams Generating Tens of Thousands

Entrepreneur - VC

Ethan "Haze" Hayes is only 22, but he already has a lucrative music career that began as a side hustle. See more about his college side hustle and what's ahead.

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