Sat.Nov 25, 2023 - Fri.Dec 01, 2023

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Fisker Just Got Crushed, but There's 1 Reason to Be Optimistic About The EV Stock

The Motley Fool

It's taken years for Fisker (NYSE: FSR) to reach a material production level, but the big moment is finally here as the company just reported meaningful revenue for the first time in its history. In its third-quarter earnings report, Fisker reported production of 4,725 vehicles and delivered 1,097 vehicles. The gap between production and deliveries was mainly due to logistics challenges, though management said it had improved its logistics network and delivered more than 1,200 vehicles in Octobe

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General Atlantic and Mubadala-Backed Shein Files for IPO in U.S., Targets $90bn Valuation

Private Equity Insights

Fashion company Shein has confidentially filed to go public in the United States, according to two sources familiar with the matter, in what is likely to be one of the most valuable China-founded companies to list in New York. Goldman Sachs, JPMorgan Chase and Morgan Stanley have been hired as lead underwriters on the initial public offering (IPO), and Singapore-based Shein could launch its new share sale some time in 2024, the sources said.

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Rover Agrees to be Acquired by Blackstone in $2.3 Billion Transaction

Blackstone News

$11.00 Per Share Purchase Price Represents 61% Premium Over 90 trading-day VWAP SEATTLE, November 29, 2023 – Rover Group, Inc. (Nasdaq: ROVR) (“Rover” or the “Company”), the world’s largest online marketplace for pet care, today announced that it has entered into a definitive agreement to be acquired by private equity funds managed by Blackstone (“Blackstone”) in an all-cash transaction valued at approximately $2.3 billion.

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The “Art” of Market Timing

The Big Picture

This weekend Jeff Sommer discussed a DFA research paper on market timing; both are well worth your time to read. The broad strokes are: Market timing is extremely difficult, very few people (if any) do it consistently well. Not only are the odds stacked against you, but very often systems that have successfully timed the market have been simply lucky, and do not succeed in out-of-sample tests.

Stakes 118
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3 Top AI Stocks: November 2023

The Motley Fool

No topic has dominated the financial landscape in 2023 as much as artificial intelligence (AI). Everywhere you turn, it seems there is some new AI story, innovation, or application to discuss. What's more, some of the top-performing stocks of 2023 have deep ties to AI. And with the AI revolution just getting started, it's likely that many of those stocks will be names to watch for years to come.

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Modo Energy Raises $15M in Series A Funding

FinSMEs

Modo Energy, a London, UK-based provider of a software-as-a-service (SaaS) platform specialising in data analytics for renewable energy assets, raised $15M in Series A funding. The round was led by MMC Ventures. Existing investors Triple Point Ventures, Fred Olsen Limited, and Catalyst Capital also participated. The company intends to use the funds to further enhance […] The post Modo Energy Raises $15M in Series A Funding appeared first on FinSMEs.

Funds 115

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Forecasting Recessions

The Big Picture

The chart above shows that 84% of CEOs are forecasting a recession over the next 12 months, 69% of Consumers saying the same thing, with the yield curve predicting a 61% chance of a contraction. The problem is those sets of forecasts is already 2 months old, dated October 3, 2023. It was before the very encouraging CPI, Unemployment, and GDP data releases.

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You Can't Control Utilities, but Here's What You Can Do About Them

The Motley Fool

You may have seen your utility bills rise recently. In Ohio, for instance, customers on the standard service offering plans from their local utilities typically saw their electric rates rise anywhere from 58% to 88% earlier this year. That's painful, especially for those of us who don't have unlimited funds. As rough as it can be to pay utility bills these days, it's important to recognize that you really can't control the utilities.

Funds 264
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Mummolin Raises $6.2M in Seed Funding

FinSMEs

Mummolin, a Cheynne, WY-based bitcoin mining software company, raised $6.2M in Seed funding. The round was led by Jack Dorsey, Accomplice, Barefoot Bitcoin Fund, MoonKite, NewLayer Capital, the Bitcoin Opportunity Fund, and other strategic partners. The company intends to use the funds to support the launch of OCEAN, a decentralization projects for Bitcoin.

Funds 112
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RIP Charlie Munger : Farewell to an Icon of Investing

Dear Mr. Market

Dear Mr. Market: In the world of finance and investing, the passing of a visionary figure leaves an indelible mark on the landscape they helped shape. Today, we bid farewell to an icon, a man whose wisdom and wit transcended the realms of business and life itself. Charlie Munger, the renowned investor, philanthropist, right hand man of Warren Buffett and Vice Chairman of Berkshire Hathaway, passed away today, but his legacy endures through the profound insights he shared with the world.

Investing 105
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MiB: Peter Atwater, Financial Insyghts

The Big Picture

This week, we speak with Peter Atwater, president of Financial Insyghts and an adjunct professor at William & Mary and the University of Delaware. He studies the impact of changing confidence on consumer decision-making and advises investors, businesses and policymakers. He coined the term “K-shaped recovery” to describe the pandemic’s effects on the economy.

Banks 109
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The 5 Best Men's Gifts to Buy at Sam's Club

The Motley Fool

Image source: Getty Images If you're going to pick up a sweet deal from Sam's Club this holiday season, you're going to want to order it online, as many of the items featured in its catalog are not available in all stores. And if you're going to shop for, purchase, and wrap a gift, you want it to be "just right." Here are five gift ideas for the special men in your life that may fit the bill without totally draining your checking account.

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Conduiit Raises $1M in Pre-Seed Funding

FinSMEs

Conduiit, a NJ-based provider of a cloud-based fintech platform designed to offer a one-stop shop for boosting profitability in film and television productions, raised $1M in Pre-Seed funding. The round was led by Fiat Ventures and Aperture Venture Capital, with participation from Collide Capital as well as angel investor and actor, Hiro Mizushima. The company […] The post Conduiit Raises $1M in Pre-Seed Funding appeared first on FinSMEs.

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I Bonds: Should I sell, buy more or hold?

Walkner Condon Financial Advisors

What are I Bonds? I Bonds are a type of government savings bond issued by the United States Department of the Treasury. They are a low-risk investment vehicle designed to help individuals save money over the long term and protect from inflation. They are backed by the U.S. government, making them one of the safest investments available. How is the interest rate on I Bonds calculated?

Education 105
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10 Thursday AM Reads

The Big Picture

My morning train WFH reads: • Owners Keep Zombie Malls Alive Even When Towns Want to Pull the Plug : Aging malls often take a long time to expire, but they can remain valuable assets. ( Wall Street Journal ) • A strange, short journey through Shein’s world : The fast fashion brand has been trying to drop the secrecy around its business model and supply chain.

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3 Things You Need to Know if You Buy Tesla Stock Today

The Motley Fool

Tesla's (NASDAQ: TSLA) stock is a battleground among investors, and the bull vs. bear debate will likely rage on for the foreseeable future. Because Tesla is a growth stock, the focus of the investment proposition should be on where the company will be in the future more than where it is now. In that vein, here are three things you need to consider before buying the stock.

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Databourg Raises $1M in Seed Funding

FinSMEs

Databourg, a Luxembourg-based environmental data analytic startup, raised $1M in Seed funding. The round was led by Asian Development Bank (ADB) Ventures. The company intends to use the funds to expand operations and its business reach. Led by CEO Ahmad Gharanjik and CTO Julian Krebs, Databourg is an environmental data analytics startup. Originating as a […] The post Databourg Raises $1M in Seed Funding appeared first on FinSMEs.

Startups 109
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Blackstone Strategic Partners Closes Eighth Real Estate Secondaries Fund at $2.6 Billion

Blackstone News

New York, New York, November 30, 2023 – Blackstone (NYSE:BX) announced the final close on $2.6 billion for its latest real estate secondaries fund, Strategic Partners Real Estate VIII L.P., and its related committed program vehicles. Verdun Perry, Global Head of Strategic Partners, said: “We are incredibly grateful to our investors for their continued support.

Funds 98
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Stay Active Indoors With These Exercises!

Integrity Financial Planning

Staying active in your retirement years can help you to maintain good health and longevity. Making physical activity a habit can be fun and can have various physical, mental, and emotional benefits if executed in a way that makes sense for you. Here’s a rundown of five exercises that can be ideal for retirees. Walking Walking is an excellent, low-impact exercise that can help improve cardiovascular health, maintain a healthy weight, and improve mood.

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3 Top Tech Stocks Under $20 Per Share

The Motley Fool

Ever wondered if the tech sector of the stock market has hidden gems just waiting to be discovered? In a media universe where high prices often overshadow value, I'm turning the spotlight on an often-overlooked segment: low-priced tech stocks , trading under $20 per share. I'm not talking about the usual tech giants today; instead, I'll uncover a few under-the-radar stocks that combine robust innovation, long-term growth potential, and surprising affordability.

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Location Live Receives Investment from IW Capital

FinSMEs

Location Live, a Richmond, UK-based live media business with an on-line marketplace for brands, received an investment from IW Capital. The investment from IW Capital follows on from its initial investment and so totals £3.3M since 2022. The company intends to use the investment to accelerate its expansion in the UK, Europe, and Australia. Led […] The post Location Live Receives Investment from IW Capital appeared first on FinSMEs.

Capital 109
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10 Monday AM Reads

The Big Picture

My back-to-work morning reads: • How to Tweak Your Investments for a More Normal Market : Convert a traditional IRA to a Roth IRA; Higher interest rates means cash gets a respectable yield; Revisit concentrated positions; consider adding international stocks; buy longer-dated Treasuries. ( Barron’s ) • Economists May Have Been Flying Blind All Along : Declining response rates to official surveys raise the possibility that government and central bank officials have been making decisions bas

Banks 98
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Why nature’s future underpins the future of business

Financial Times: Moral Money

Managing biodiversity can be even more complex than reducing carbon emissions.

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The Best Reason to Take Social Security Long Before Age 70

The Motley Fool

If you're wondering when to start collecting your Social Security benefits and you look to famous sayings for some guidance, you might start early. Consider some of these sage words: "The early bird catches the worm." "Early to bed and early to rise makes a man healthy, wealthy, and wise." "A bird in the hand is worth two in the bush." There are indeed plenty of good reasons to start your Social Security checks flowing early -- but there are also some good reasons to delay as well.

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Valid8 Financial Raises 8.5M in Series A Funding

FinSMEs

Valid8 Financial, a Boulder, CO- and Seattle, WA-based verified financial intelligence company, raised $8.5M in Series A funding. The round was led by Silverton Partners with participation from Touchdown Ventures, First Trust, CPA.com and Capital Midwest. Roger Chen, partner with Silverton Partners, will join Valid8’s board. The company intends to use the funds to further […] The post Valid8 Financial Raises 8.5M in Series A Funding appeared first on FinSMEs.

Funds 109
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Barclays explores plan to drop thousands of investment banking clients

Financial Times - Banking

Project Minerva also examined more radical options including raising capital for an acquisition

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VMware’s $92bn sale showers cash on Michael Dell and Silver Lake

Financial Times M&A

Investors’ decade-old deal pays off in ‘one of the huge private equity successes’

Investors 106
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5 Struggling Stocks to Buy at a Discount

The Motley Fool

Long-term buy-and-hold investors know that time in the market matters. The longer you can hold a stock, the better the chance it will turn into a winning, market-beating investment. Another lesson worth learning is that the price you pay for the stock also matters. Buying a fantastic company when its stock is overvalued can significantly reduce, if not prevent, shareholder gains.

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Faropoint Receives Strategic Investment Form Invesco Real Estate

FinSMEs

Faropoint, a Hoboken, NJ-based infill industrial investment manager, received a strategic investment from Invesco Real Estate. The amount of the deal was not disclosed. Led by CEO and Founder Adir Levitas, Faropoint is a vertically integrated, tech-enabled real estate investment manager that leverages data and market relationships to achieve risk-adjusted returns.

Investing 109
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How Bullish Were You in 2011?

The Big Picture

I have a vivid recollection of the period following the Great Financial Crisis: I spent March to September of 2008 writing Bailout Nation and the post-Lehman collapse revising and updating the manuscript. The first two months of ‘09 were spent editing, and off I went on a well-deserved vacation in late February. When I finally came up for air, markets had been cut in half (peak to trough down 56%) and every sentiment indicator I tracked was the most extreme they’ve been in my professional

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Where Will Intel Stock Be in 1 Year?

The Motley Fool

The past year has been a rewarding one for Intel (NASDAQ: INTC) investors as shares of the chipmaker have jumped 46% on the stock market. Its stock has jumped 34% just since the company released its third-quarter results on Oct. 26. Chipzilla's revenue and earnings crushed Wall Street's expectations, and the guidance was also well ahead of consensus estimates.

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Your House Was Robbed! Will Home Insurance Cover Your Stuff?

The Motley Fool

Image source: Getty Images More than 1.1 million burglaries occurred in 2019, according to the FBI. When a thief enters a home, a property owner could face substantial losses both because the thief could take items and also because the thief could damage the property. If a homeowner has their stuff stolen, the big question is, do they have to pay to replace it out of their checking account ?

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Buying Tesla Taught Me a Costly Lesson

The Motley Fool

Once upon a time, I was convinced that Elon Musk was a genius with a world-changing vision. I bought my first Tesla (NASDAQ: TSLA) shares in the summer of 2014, citing five unique company qualities. I liked the company's radical approach to research and development, the game-changing value of lifetime Supercharger fill-ups for free, and the dealer-less system of factory-direct car sales.

Buyout 246
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Looking for a Side Hustle? Here Are 5 Unexpected Financial Hurdles Every New Rideshare Driver Faces

The Motley Fool

Image source: Getty Images When most of us think of side hustles, ridesharing is probably one of the first to come to mind. It can be a great gig -- flexible hours, no need to market yourself or find an existing client base -- but it also has its challenges. Below, we'll look at five financial challenges new rideshare drivers face and how you can overcome them.

Taxes 246