Thu.May 23, 2024

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Want to Retire at Age 60 With $1 Million? Here's the Monthly Savings It Might Take

The Motley Fool

Image source: Getty Images Early retirement can mean different things to different people. For one person, it might mean stopping to work at age 55. For someone else, it could mean calling it quits at 48. Age 60 doesn't constitute a super-young retirement, but it's on the younger side. And it's kind of hard to retire before age 60 due to the sheer fact that you generally can't tap your IRA or 401(k) without penalty prior to age 59 1/2 anyway.

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Crio Receives Investment from The Riverside Company

FinSMEs

Crio, a Boston, Ma-based provider of eSource and other eClinical technologies, received an investment from The Riverside Company. The amount of the deal was not disclosed. The company intends to use the funds to accelerate the expansion of its product roadmap to further enhance its value proposition to clinical research sites, biopharmaceutical companies and CROs. […] The post Crio Receives Investment from The Riverside Company appeared first on FinSMEs.

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10 Shocking Points Nvidia Stock Investors Should Know After Earnings

The Motley Fool

In today's video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of May 22, 2024. The video was published on May 22, 2024. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy n

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Grey Wolf Therapeutics Closes $50M Series B Financing Expansion

FinSMEs

Grey Wolf Therapeutics, an Oxford, UK-based clinical-stage biotechnology company leveraging antigen modulation therapies, raised $50M in Series B extension funding. The round, which brought the total amount to $99M, was led by ICG’s Life Sciences team and included participation from existing investors Pfizer Ventures, Andera Partners, Canaan, Earlybird Venture Capital, Oxford Science Enterprises and British […] The post Grey Wolf Therapeutics Closes $50M Series B Financing Expansion

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Oracle Making AI Cloud Strides

The Motley Fool

Like other tech companies, Oracle (NYSE: ORCL) has its eye on the artificial intelligence ( AI ) brass ring. But how can a company with a mere 2% share of the cloud services market hope to compete against giants like Amazon and Microsoft ? The answer can be found in the timing of Oracle's entry into the market and its strategy for providing unique AI cloud solutions.

Debt 130
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Adams Clinical Receives Investment from InTandem Capital Partners

FinSMEs

Adams Clinical, a Watertown, MA-based provider of a clinical trial site network, received an investment from InTandem Capital Partners. The amount of the deal was not disclosed. The company intends to use the funds to expand operations and its development efforts. Led by CEO Nelson Rutrick, Adams Clinical offers a site network for advancing research […] The post Adams Clinical Receives Investment from InTandem Capital Partners appeared first on FinSMEs.

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Radar Therapeutics Raises $13.4M in Seed Funding

FinSMEs

Radar Therapeutics, a Berkeley, CA-based biotech company developing smart programmable medicines, raised $13.4M in Seed funding. The round was led by NfX Bio. Major investors Eli Lilly and Company, Biovision Ventures, and KdT Ventures also joined with participation from PearVC, BEVC and other investors. The company intends to use the funds for the advancement of […] The post Radar Therapeutics Raises $13.4M in Seed Funding appeared first on FinSMEs.

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Why e.l.f. Beauty Stock Made a Big Move Higher Today

The Motley Fool

Shares of cosmetics company e.l.f. Beauty (NYSE: ELF) made a big move higher on Thursday after the company reported financial results for its fiscal fourth quarter of 2024. As of 10 a.m. ET, e.l.f Beauty stock was up a strong 14%. Mastering market-share growth In its fiscal 2024 (ending in March), e.l.f Beauty generated net sales of over $1 billion, which represents remarkable 77% year-over-year growth.

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ZeroPoint Technologies Closes €5M Funding Round

FinSMEs

ZeroPoint Technologies, a Gothenburg, Sweden-based memory compression technology company, raised €5M in Series A funding. The round was led by Matterwave Ventures. Additionally, Industrifonden served as the local lead for this round. Other existing investors participating included Climentum Capital and Chalmers Ventures. The company intends to use the funds to scale sales of existing products, […] The post ZeroPoint Technologies Closes €5M Funding Round appeared first on FinSMEs.

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Why Medtronic Stock Slumped Today

The Motley Fool

Medtronic (NYSE: MDT) stock slipped 2.8% through 10:15 a.m. ET this morning despite beating earnings forecasts in its fiscal Q4 2024 earnings report. Heading into earnings, analysts had the medical devices company pegged for a $1.45 per-share profit, but Medtronic "beat" by a penny, reporting $1.46 instead. Similarly, Medtronic exceeded expectations for $8.4 billion in sales by reporting $8.6 billion.

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Alphaledger Raises Series A Funding

FinSMEs

Alphaledger, a Los Angeles, CA-based provider of blockchain infrastructure for fixed income assets, raised an undisclosed amount in Series A funding. The round was led by EJF Ventures, the investment arm of EJF Capital, with participation from KDX and strategic investors. The company intends to use the funds to accelerate product development, expand footprint and […] The post Alphaledger Raises Series A Funding appeared first on FinSMEs.

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Own a Car? Here's Why It Pays to Get a Costco Membership

The Motley Fool

Image source: The Motley Fool/Unsplash It costs an astounding $1,015 a month, or $12,182 a year, to own a car these days, according to AAA. And even if your car is already paid off, you might still spend a small fortune on expenses like auto insurance , maintenance, and repairs. It pays to do everything you can to make vehicle ownership more manageable, financially speaking.

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Lumos Raises $35M in Series B Funding

FinSMEs

Lumos, a San Francisco, CA-based software company centralizing the management of apps and identities for IT and security teams, raised $35M in Series B financing. The round was led by Scale Venture Partners with participation from Andreessen Horowitz, Harpoon Ventures, Neo and others. The company intends to use the funds to expand its app and identity platform.

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Is Nvidia Stock Still a Buy After It Just Popped Again?

The Motley Fool

Nvidia 's (NASDAQ: NVDA) latest earnings report was arguably the most highly anticipated of this earnings season. And the company didn't disappoint the lofty expectations. Revenue soared 262% compared to the prior-year period, with the data center segment once again leading the way. Sales of $26 billion in the fiscal 2025 first quarter (ended April 28) marked the fourth straight period in which the company beat its own revenue guidance by at least $2 billion.

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Ygion Biomedical Raises €15M in Series A Financing

FinSMEs

Ygion Biomedical, a Vienna, Austria-based company dedicated to developing individualized neoantigen-based cancer vaccines, raised €15M in Series A funding. Backers included an undisclosed Austrian private investor. The company intends to use the funds to further develop its YGNITETM technology platform and advance the lead program YG-01 into preclinical and clinical development.

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Here's Why LiveRamp Stock Jumped Today

The Motley Fool

Shares of advertising technology company LiveRamp Holdings (NYSE: RAMP) jumped higher on Thursday after the company reported financial results for its fiscal fourth quarter of 2024. As of 11 a.m. ET today, LiveRamp stock was up almost 11%. Another good quarter for LiveRamp Without getting into the nitty gritty, LiveRamp's platform provides data for advertisers that's important as digital advertising transitions away from third-party identifiers.

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Fiberwood Raises €7.7M in Growth Funding

FinSMEs

Fiberwood, a Järvenpää, Finland-based materials technology startup, raised €7.7M in Growth funding. Backers included Metsä Spring and Stephen Industries, together with public financiers. The company intends to use the funds to expand operations and its development efforts to prepare to enter a commercial phase with the aim of international growth. With the additional funding now […] The post Fiberwood Raises €7.7M in Growth Funding appeared first on FinSMEs.

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Frontier Airlines Will No Longer Charge Cancel and Change Fees for Most Tickets

The Motley Fool

Image source: Upsplash/The Motley Fool Frontier Airlines has undergone recent changes, and the updates are a win for travelers. The popular low-cost airline has a reputation for its affordable airline tickets. But since it's a low-frills airline, the carrier charges extra fees for seat selection and bags. However, Frontier recently changed how tickets are priced to be more transparent.

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XSQUARE Technologies Raises S$10.5M in Series A Funding

FinSMEs

XSQUARE Technologies, a Singapore-based intelligent warehousing automation company, raised S$10.5M in Series A funding. The round was led by Wavemaker Partners, with participation from SEEDS Capital and Goldbell Corporation. The company intends to use the funds to accelerate its regional growth and product development efforts. Led by CEO Jens Bohnwagner, XSQUARE Technologies offers warehouse automation […] The post XSQUARE Technologies Raises S$10.5M in Series A Funding appeared first on F

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Is UiPath Stock a Buy Now?

The Motley Fool

It's an exciting time to invest in the artificial intelligence industry. The market is forecasted to see huge growth over the next several years, expanding from $136 billion last year to $827 billion by 2030. One promising AI company to consider is UiPath (NYSE: PATH). The firm automates routine business tasks using AI. Its software identifies processes that could be automated, such as checking loan documents for missing info and responding to customer inquiries by email, and then takes on that

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Praktika Raises $32.5M in Series A Funding

FinSMEs

Praktika, a London, UK-based provider of a language learning app that uses personalised AI-powered avatars, raised $32.5M in Series A funding. The round was led by Blossom Capital, after a previously unannounced $2.5M Seed round led by Creator Ventures and Blue Wire Capital. These rounds included participation from Carles Reina (ElevenLabs) and Patrice Evra (five-time […] The post Praktika Raises $32.5M in Series A Funding appeared first on FinSMEs.

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1 Stock Warren Buffett Is Selling Hand Over Fist

The Motley Fool

Apple (NASDAQ: AAPL) is still Warren Buffett's biggest stock holding within Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , but the stake just got a lot smaller. Buffett is selling over 1 million shares per day on average, and Travis Hoium dug into why that might be in the video below. *Stock prices used were end-of-day prices of May 22, 2024. The video was published on May 22, 2024.

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Enifer Raises €36M in Funding

FinSMEs

Enifer, an Espoo, Finland-based mycoprotein company, raised €36M in funding. The round comprised: A spin-off company from VTT Technical Research Centre of Finland founded in 2020 and led by CEO Simo Ellilä, Enifer develops and commercializes the proprietary PEKILO® technology that enables the biotechnological conversion of dilute side streams into a high-protein ingredient, PEKILO® mycoprotein. […] The post Enifer Raises €36M in Funding appeared first on FinSMEs.

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Hurry! Open Your Next CD Before June 11 to Get a Great Rate

The Motley Fool

Image source: Upsplash/The Motley Fool I don't know about you, but I love the idea of getting to earn a risk-free 5% on my money, which is something certificates of deposit (CDs) allow for today. Sure, the stock market has historically paid more. But with stocks, I'm running the risk of losing money. With a CD, my principal deposit is fully protected as long as I stick to an FDIC-insured bank and limit my balance to less than $250,000.

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Cellugy Raises €4.9M in Seed Funding

FinSMEs

Cellugy, a Søborg, Denmark-based industrial biotechnology startup, raised €4.9M in seed funding. The round was led by ICIG Ventures and Unconventional Ventures, with new, U.S.-based investor Joyance Partners joining the round, along with existing investors PSV DeepTech, The Footprint Firm, and EIFO. Led by Isabel Alvarez-Martos, CEO & Co-founder, Cellugy is developing innovative, natural, biofabricated cellulose-based solutions to replace fossil-based materials in various industrial applicat

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This Unpopular Dividend Stock Is a Buy

The Motley Fool

Dividend stocks are an important anchor for well-balanced portfolios. Regular cash distributions can buffer a portfolio against market volatility and provide a steady income across business cycles. Still, picking dividend stocks is no easy task. Companies operating in high-tech areas like healthcare often face unique competitive pressures that can diminish free cash flows, lowering their ability to reward shareholders via ever-larger dividend checks.

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Beacon Raises CAD $5.25M in Seed Funding

FinSMEs

Beacon, a Toronto and Montreal, Canada-based provider of a new solution built to facilitate transitions for immigrants relocating to Canada, completed a CAD $5.25m seed funding. Backers included Jawl Residential Group, Wayne Pommen, Adrian Rocca, Jonathan McCain, as well as US institutional investors including MS Transverse Insurance Group. The company intends to use the funds […] The post Beacon Raises CAD $5.25M in Seed Funding appeared first on FinSMEs.

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Billionaires Are Buying These 3 Artificial Intelligence (AI) Stocks. Should You Buy Too?

The Motley Fool

Keeping tabs on what billionaire hedge fund managers do is a great way to check your investment strategy. While blindly following them isn't advisable, seeing what they're doing and checking that against your own thoughts is a good way of seeing if you're on the same page, especially when there's a hot trend like artificial intelligence (AI). The 13F filings for Q1 were recently released, revealing some common themes across hedge funds.

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Paceline Equity smashes target with $780m Opportunity Fund II close

AltAssets

Dallas-based buyout house Paceline Equity Partners has soared past its $500m target to reach a hefty final close of its second opportunity fund. The post Paceline Equity smashes target with $780m Opportunity Fund II close first appeared on AltAssets Private Equity News.

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This Vanguard ETF Just Hit an All-Time High as It Continues to Outperform the S&P 500 and the Nasdaq Composite Over the Last 5 Years

The Motley Fool

Investors often take on the challenge of picking individual stocks to beat the market or simply invest in a way that suits their risk tolerance and helps accomplish their financial goals. But finding a quality, low-cost, exchange-traded fund (ETF) that achieves diversification and can beat the market is a passive investors' dream come true. If you had Invested in the S&P 500 (SNPINDEX: ^GSPC) five years ago, you would have doubled your money.

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Atropos Health Raises $33M in Series B Funding

FinSMEs

Atropos Health, a Palo Alto, CA-based pioneer in translating real-world clinical data into high-quality personalized real-world evidence for care, raised $33m in Series B funding. The round was led by Valtruis, with participation from new strategic investors including Cencora Ventures, McKesson Ventures, and Merck GHI Fund, along with existing investors Breyer Capital, Emerson Collective, and […] The post Atropos Health Raises $33M in Series B Funding appeared first on FinSMEs.

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Where Billionaire David Tepper Invests $6.75 Billion

The Motley Fool

David Tepper is one of the best-known investors in the world, and his quarterly holdings are now out. In this video, Travis Hoium goes through the biggest buys in the portfolio and what Tepper was selling. Some big themes may be important for investors. *Stock prices used were end-of-day prices of May 22, 2024. The video was published on May 22, 2024.

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Riata Capital clears hard cap in $285m Fund II close, vehicle is already 50% deployed

AltAssets

Riata Capital, the PE firm co-created by Brazos Equity Partners co-founder Jeff Fronterhouse, has beaten its hard cap for its sophomore fundraise. The post Riata Capital clears hard cap in $285m Fund II close, vehicle is already 50% deployed first appeared on AltAssets Private Equity News.

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Regret Starting a Small Business? 3 Options to Consider

The Motley Fool

Image source: Getty Images It's easy to see why the idea of owning a small business holds so much appeal. When you own a business, you get to call the shots -- and you get to benefit financially if your venture does well. When you work for an employer, you can hustle your hardest and produce great results, but you might still wind up with the same monthly paycheck regardless of how hard you try.