Sat.Jan 27, 2024 - Fri.Feb 02, 2024

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Top 25 Lower Middle Market Investment Banks of 2023

Axial

Axial is excited to release our 2023 Lower Middle Market Investment Banking League Tables. To assemble this list, we reviewed the 2023 deal-making activities of 807 investment banks and advisory firms that met the qualifications to be considered for league tables. In 2023, the sell-side membership brought 9,957 deals to market via the Axial platform.

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Why Super Micro Computer Stock Rocketed to New Highs This Week

The Motley Fool

Week to date, shares of Super Micro Computer (NASDAQ: SMCI) were up 23% through Thursday's market close, according to data provided by S&P Global Market Intelligence. The demand for artificial intelligence (AI)-driven computing is driving accelerating revenue growth and profits for this leading supplier of rack-scale solutions for data centers. Despite the stock's massive run over the last year, the company is seeing market share gains for its products and raised full-year revenue guidance.

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Summit Partners buys auto body repair services provider CollisionRight from CenterOak

PE Hub

Since its formation in 2020, CollisionRight’s network has expanded to more than 85 repair centers across nine states. The post Summit Partners buys auto body repair services provider CollisionRight from CenterOak appeared first on PE Hub.

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How Much is That $70,000 Truck Costing You?

A Wealth of Common Sense

A reader asks: I work in the construction industry and I’m always trying to spread a little financial literacy to my coworkers. Whenever I see a young guy getting ready to drop $70k on a new pickup I try to show them what that money could become if they invested in index funds instead. I like to call it “sequence of spending risk” Of course this rarely works so I thought having the experts comment could.

Funds 126
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Wisedocs Raises $9.5M in Series A Funding

FinSMEs

Wisedocs, a Toronto, Canada-based machine learning software-as-a-service (SaaS) for medical record review, indexing, and summarization, raised $9.5M in Series A funding. The round was led by Information Venture Partners, and by Thomson Reuters Ventures and ManchesterStory. The company intends to use the funds to expand operations and its business reach.

Funds 115
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When You Look Back in 5 Years, You'll Wish You'd Bought This Trillion-Dollar Artificial Intelligence (AI) Stock

The Motley Fool

The stock market just entered another quarterly earnings season, with the majority of companies set to report their financial results for the period ended Dec. 31, 2023. The technology sector is under the microscope because it's on the front lines of the artificial intelligence (AI) revolution, which is gearing up to be an incredible source of value in the coming years.

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17 Thoughts About Money

A Wealth of Common Sense

Some money stuff I’ve been thinking about lately: 1. Freedom is overrated as a financial goal. There are plenty of billionaires who can do whatever they want, whenever they want and spend as much money as they want. Many of these people still seem miserable or don’t take advantage of their perceived freedom. Financial contentment is a better goal than financial freedom. 2. ‘Money can’t buy happines.

Financing 118
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Internet 2.0 Conference’s 2024 Edition Brings Game-Changing Discussions

FinSMEs

Dubai, UAE, January 31st, 2024, FinanceWire The Internet 2.0 Conference will be back in 2024, providing leaders with a legitimate platform in Dubai and Las Vegas to envision the future of technology. The highly anticipated Internet 2.0 Conference is returning with its 2024 Edition, promising to be a cornerstone event for tech enthusiasts and professionals […] The post Internet 2.0 Conference’s 2024 Edition Brings Game-Changing Discussions appeared first on FinSMEs.

Returns 113
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Here's the Average Spousal Social Security Benefit at Ages 62 to 67

The Motley Fool

Social Security is often the largest source of household income in retirement. That means earning a bigger benefit can have a material impact on living standards in later life. Unfortunately, many Americans misunderstand important aspects of the program, and those knowledge gaps can lead to financial mistakes and missed opportunities. For instance, a survey from MassMutual found that 28% of Americans nearing retirement were unaware that a spouse could claim Social Security on the work record of

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Musk’s record $55bn Tesla pay package voided by US judge

Financial Times M&A

Delaware judge rules that billionaire CEO ‘dominated the process’ to determine his remuneration

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Young People Are Doing Better (Financially) Than You Think

A Wealth of Common Sense

One of the defining characteristics of every younger generation is they assume the generations that came before them had it easier. And one of the defining characteristics of every older generation is they think the younger generations are softer. My belief is some generations have been luckier than others but every cohort has been forced to deal with uncomfortable times, especially in their younger years.

Financing 109
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Roofer.com Raises $7.5M in Seed Funding

FinSMEs

Roofer.com, a Dallas, TX-based technology company in the roofing industry, raised $7.5M in Seed funding. The round was led by Mucker Capital with participation from Soma Capital, HF0, Asymmetric Capital Partners, Alumni Ventures, HustleFund, The Council, GoAhead Ventures, Mirada Capital and several angels such as the Founder and CEO of Mercury and the Founder and […] The post Roofer.com Raises $7.5M in Seed Funding appeared first on FinSMEs.

Funds 113
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Should You Sign Up for Pay-Per-Mile Auto Insurance in 2024?

The Motley Fool

Image source: Getty Images When you own a car, auto insurance is an inevitable expense that comes with it. Ascent research finds that U.S. drivers pay $3,017 per year, on average, to maintain auto insurance. But the premium you pay will hinge on a variety of factors, including: Your driving history The make, model, and condition of your car at the time you buy it Your location Another factor that might influence your car insurance costs is the extent to which you use your car.

Companies 264
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Top Goldman Sachs executive Esposito to depart

Financial Times - Banking

Co-head of investment bank and trading business calls time on almost three-decade career at firm

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Where is Housing Still Affordable?

A Wealth of Common Sense

One of the reasons the current housing market is so frustrating for homebuyers is how quickly things have changed. For years, housing prices were reasonable (in most places) while mortgage rates were low. Housing was affordable for most buyers. It’s not anymore. I updated the growth of housing prices and disposable income going back to 1975: The growth in prices was far below the growth in disposable income for muc.

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Wondercraft Raises $3M in Seed Funding

FinSMEs

Wondercraft, a London, UK-based AI audio content company, raised $3M in Seed funding. The round was led by Will Ventures and backed by Y Combinator, ElevenLabs, Steven Bartlett and other Angels. The company intends to use the funds to further build out the capabilities of the platform and expand the features available to its users. Founded by Dimitris Nikolaou and Youssef […] The post Wondercraft Raises $3M in Seed Funding appeared first on FinSMEs.

Funds 113
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Will Disney Stock Finally Get Back to $100 Next Month?

The Motley Fool

It's been more than eight months since Walt Disney (NYSE: DIS) last traded in the triple digits, but momentum is finally on its side. The stock that has lost to the S&P 500 (SNPINDEX: ^GSPC) for three consecutive years has more than doubled the market's return in January with a 6% return heading into this week. This could be the time for the entertainment giant to end its run of trading exclusively in the double digits since early May of last year.

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Investors pull ExxonMobil climate motion after oil supermajor sues

Financial Times: Moral Money

Follow This shareholder group had called on US company to set more ambitious climate targets

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At the Money: Forecasting Recessions

The Big Picture

At the Money: Forecasting Recessions with Claudia Sahm (January 31, 2024 ) Investors don’t like recessions. But how can they tell if one’s coming? There’s an indicator for that. It’s called the “Sahm Rule,” named for economist Claudia Sahm. In this episode, we discuss how to use labor data to forecast recessions.

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Portal Raises $34M in Seed Round

FinSMEs

Portal, a San Francisco, CA-based company advancing financial self-sovereignty with technology for access to Bitcoin and diverse cryptocurrency markets, raised $34M in Seed funding. The round saw participation from Coinbase Ventures, Arrington Capital, OKX Ventures and Gate.io, as well as other fintech and crypto investors. The company intends to use the funds to develop its […] The post Portal Raises $34M in Seed Round appeared first on FinSMEs.

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2 Magnificent Artificial Intelligence (AI) Growth Stocks Set to Join Apple and Microsoft in the $3 Trillion Club by 2030

The Motley Fool

There's been a technological shift in the major market indexes over the past two decades. For example, in 2004, General Electric and ExxonMobil reined supreme in terms of market capitalization, clocking in at $319 billion and $283 billion, respectively. Now, just 20 years later, a review of the chart toppers helps illustrate the changing of the guard.

Stakes 264
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Ireland to compensate medical trial victims but GSK refuses to contribute

Financial Times: Moral Money

Forerunners of pharma company tested drugs at notorious mother and baby homes for decades

Companies 105
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State Coincident Indexes Improve

The Big Picture

A quick follow-up to last month’s note on slipping coincident indicators: December was relatively stable compared to the slide in November. Over the three prior months, “the indexes increased in 25 states, decreased in 22 states, and remained stable in three, for a three-month diffusion index of 6.” That is only one state worse on the decrease, and drop on the index from 8 to 6.

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akirolabs Raises $5M in Seed Funding

FinSMEs

akirolabs, a Berlin, Germany-based ProcureTech startup for strategic procurement processes, raised $5M in Seed funding. The round was led by HTGF, OTB Ventures and D11Z, with participation from Fredrick Spalcke, Heiko Schwarz, Markus Ehrle, and Detlef Schultz. The company intends to use the funds to evolve its SaaS product and enhance its AI capabilities, as […] The post akirolabs Raises $5M in Seed Funding appeared first on FinSMEs.

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Prediction: 3 Artificial Intelligence (AI) Stocks That Will Lead the New Bull Market

The Motley Fool

It's official: A new bull market is here. And part of the reason for that is the rise of artificial intelligence (AI). This roundtable panel of Motley Fool contributors agrees that AI stocks will lead this new bull market. But will the AI stocks that led the market out of the doldrums and toward the recent highs be the same stocks that will carry the bull market forward?

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4 Top S&P 500 Dividend Growth Stocks Down Between 10% and 42% to Buy in 2024 and Hold Forever

The Motley Fool

Not every stock rose last year. Consider these four -- Nike (NYSE: NKE) , MarketAxess (NASDAQ: MKTX) , Paycom Software (NYSE: PAYC) , and The Hershey Company (NYSE: HSY) -- which fell between 10% and 42% in 2023. That stands in stark contrast to the S&P 500 index's 23% rise. Despite these worrying drops, nothing changed dramatically for the worse regarding any of the four dividend growers' operations.

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Could Abbott Labs Be the Next Big Winner in the Billion-Dollar Weight Loss Market?

The Motley Fool

Drugmakers Novo Nordisk and Eli Lilly have been making headlines in recent times, thanks to their sought-after weight loss drugs. In fact, the products have become so popular that demand has surpassed supply -- and the companies have been ramping up production to try to keep up. Novo Nordisk's Ozempic and Eli Lilly's Mounjaro are approved for type 2 diabetes, but doctors also have prescribed them for weight loss.

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History Suggests the Nasdaq Will Soar in 2024: 2 Brilliant Artificial Intelligence (AI) Growth Stocks to Buy Before It Does

The Motley Fool

After a year of spectacular gains, the stock market seems to be taking a breather to kick off the new year. Investors are justifiably cautious after the Nasdaq Composite (NASDAQINDEX: ^IXIC) notched gains of 43% last year. Given those stellar gains, investors are left to wonder if the current rally still has legs -- and history can help provide some guidance.

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Buying Life Insurance in 2024? Be Very Careful With This Type of Policy

The Motley Fool

Image source: Getty Images Whether you have a spouse, children, or siblings you help support, if there are people in your life who depend on you financially, then it's important to put a life insurance policy in place. You could opt for a term life insurance policy, which covers you for a preset number of years. Or, you could look at whole life insurance , which not only covers you permanently (meaning, the rest of your life), but also accumulates a cash value you can borrow against or cash out

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Forget Disney: Buy and Hold This Magnificent Streaming Stock Instead

The Motley Fool

Everyone knows Walt Disney (NYSE: DIS). Its TV networks, streaming services, and theme parks are popular among consumers. The company has been dealing with lots of changes in the past couple years, though, as CEO Bob Iger tries to focus on getting back to growth and improved profitability. The market doesn't like this uncertainty. Consequently, shares of this top media and entertainment business dropped 46% in the past three years (as of Jan. 24), compared to the 27% gain of the S&P 500.

Returns 259
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Is a Living Trust Really the Best Way to Pass an Inheritance to Your Family?

The Motley Fool

I'm sure many people would agree that one of their goals in life is to get to the point where they can pass on an inheritance to their loved ones. Whether it's a child, spouse, or someone else who means a lot to you, being able to provide for them even after you're no longer here can be comforting. Unsurprisingly, I'm sure, the inheritance process isn't always straightforward.

Legal 246
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This Is the Average 401(k) Balance for Retirees Aged 65 and Older

The Motley Fool

The more money you have in your 401(k), the more comfortable a retirement you can set yourself up for. And the nice thing about 401(k) plans is that many employers offer some sort of matching incentive in these accounts. If you contribute some funds from your paycheck, you may be eligible for free money from your employer. Now, your 401(k) plan balance is likely to grow over time.

Financing 246
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3 Dates for Disney Stock Investors to Circle in February

The Motley Fool

Shares of Walt Disney (NYSE: DIS) rose by more than 6% last month, quadrupling the market's return. It's a notable achievement for the media stock, as it fell short of the market in each of the three previous years. There isn't a lot going on at Disney in February beyond a critical financial update. Let's take a closer look at the things to watch in the shortest month of the year.

Investors 246
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Spousal Social Security Benefits: 4 Things All Retired Couples Should Know

The Motley Fool

Social Security is a super-important program for seniors but also complex, and learning the rules can be a time-consuming process. However, those rules are important because they could really help in your retirement planning. With that in mind, here are a few things you need to know about Social Security spousal benefits. 1. Benefits max out at 50% of your spouse's monthly Social Security check Generally, your ability to claim Social Security hinges on earning a certain amount of money during yo

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