The Motley Fool

AUGUST 31, 2023

Broadcom (NASDAQ: AVGO) Q3 2023 Earnings Call Aug 31, 2023 , 5:00 p.m. s third quarter fiscal year 2023 financial results conference call. Broadcom distributed a press release and financial tables after the market closed, describing our financial performance for the third quarter fiscal year 2023. In the U.S.,

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The Motley Fool

OCTOBER 18, 2023

Tesla (NASDAQ: TSLA) Q3 2023 Earnings Call Oct 18, 2023 , 5:30 p.m. Stock Advisor returns as of October 16, 2023 It's interesting to think about that. million vehicles in 2024, representing 28% growth versus 2023 guidance. Is Tesla planning to accept legal liability for FSD? Image source: The Motley Fool.

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The Motley Fool

JUNE 18, 2024

The global cannabis market is poised for explosive growth between 2024 and 2030, as more countries legalize marijuana for medical and recreational use. According to a report by Grand View Research, the global legal marijuana market is expected to reach $102.2 billion by 2030, representing a compound annual growth rate (CAGR) of 25.7%

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The Motley Fool

NOVEMBER 24, 2024

Legal immigration into the U.S. A majority of the legal immigrants that enter the U.S. trillion Social Security collected in income in 2023. The problem Social Security is contending with isn't one of too many legal immigrants entering the country but rather too few. Legal net migration into the U.S.

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The Motley Fool

NOVEMBER 17, 2024

As various states have legalized this segment of the gambling business within their borders, DraftKings has entered these markets. Among the remainder, more states are heading toward legalization. A few more states legalized online sports wagering. Image source: DraftKings 2023 Investor Day Presentation. Then a few more.

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The Motley Fool

SEPTEMBER 10, 2023

This recommendation signals some progress in the ongoing push for federal legalization of cannabis, although the final decision rests with the Drug Enforcement Agency. This remarkable turnaround was driven, in large part, by two strategic acquisitions: Alcanna in 2022 and The Valens Company in 2023. And make no mistake – it is coming.

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Private Equity Insights

FEBRUARY 28, 2025

In April 2023, Vestar closed a $1.2bn single-asset continuation vehicle for its stake in market research firm Circana, with Blackstone Strategic Partners and HarbourVest Partners leading the investment.

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The Motley Fool

NOVEMBER 7, 2024

life insurance companies reported an estimated pre-tax loss of $18 million, driven by unfavorable mortality and higher new claims, as well as lower benefit from legal settlements. billion at year-end 2023, while at the same time, Enact has delivered significant capital returns to Genworth. On a statutory accounting basis, the U.S.

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The Motley Fool

FEBRUARY 3, 2024

More sports-betting legalization is on the way Certainly much of DraftKings' 75% revenue growth through the first three quarters of last year is organic growth. But much of this growth can also be attributed to the fact that a number of states officially legalized sports betting in 2023.

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The Motley Fool

FEBRUARY 8, 2024

Supreme Court ruled against the ban in May 2018, giving states the power to decide if they want to legalize and regulate sports betting in their respective jurisdictions. have legalized sports betting to some degree. Some states' plans for legalizing sports betting seem well underway, while a few have made little progress.

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The Motley Fool

JANUARY 7, 2024

As of the 2023 Trustees Report, Social Security is facing a $22.4 Social Security is a program that's heavily reliant on people legally migrating into the U.S. in 1998 to 2.748 in 2023, representing a nearly 58% drop in legal net immigration. The 2023 Trustees Report bases its $22.4 Most people who move to the U.S.

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The Motley Fool

DECEMBER 27, 2023

The legal marijuana market has been evolving rapidly since 2012, when Colorado and Washington became the first U.S. states to legalize cannabis for recreational adult use. On the world stage, recreational cannabis is now legal in Canada, Uruguay, and Malta. 22 additional U.S. states, two U.S.

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The Motley Fool

DECEMBER 20, 2023

While the legal complaint only concerns Ripple (CRYPTO: XRP) and its operating structure, the precedents set here should have ripple effects (pun intended) on other cryptocurrencies, too. The scheduling story so far In a court filing dated November 13, 2023, Judge Torres nailed down the schedule for further pretrial filings.

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The Motley Fool

DECEMBER 5, 2023

The Dutch-American microchip maker posted solid earnings last month, but the fuel for NXP's fires actually came from a different source: a long-running legal dispute settled on Nov. The outcome was not in NXP's favor, but investors applauded as the legal cloud dissipated at a modest financial cost. higher on Nov. jump on Nov.

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The Motley Fool

FEBRUARY 1, 2024

More than a few are seeing their stocks approach one-year highs, thanks to optimism about impending legalization and improving fundamentals. Quick and opportunistic, Green Thumb was fast to establish networks of its Rise dispensaries in Minnesota and Ohio, two of the three states that legalized recreational pot in 2023.

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The Motley Fool

AUGUST 25, 2024

One of the key factors in Social Security's long-term financial success is that it requires a steady stream of legal migrants entering the United States. The intermediate (most likely to occur) forecast from the 2024 Trustees Report calls for an average of 1,244,000 legal net migrants entering the U.S. annually from 2034 through 2098.

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Private Equity Insights

FEBRUARY 18, 2025

Several buyout firms have unknowingly backed data centres used by ByteDance, some of which may have provided a legal workaround for acquiring high-end Nvidia chips. Under US restrictions imposed in 2023, Chinese firms are banned from purchasing these chips directly. Read more here.

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The Motley Fool

JANUARY 5, 2024

2022, DraftKings had a much-needed rebound in 2023, surging 210%. In the third quarter of 2023, DraftKings generated $790 million in revenue, up 57% year over year. which is still in the process of legalizing sports betting state by state. As of the end of 2023, 38 states and Washington, D.C., 2021 to Dec.

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The Motley Fool

JANUARY 23, 2024

However, 3M continues to remind investors about the many problems it is dogged with, particularly legal issues that have weighed heavily on the company's growth and prospects in recent years. To be fair, 3M still beat its earnings guidance in 2023 and exited the year with strong cash flows. year over year in Q4 and were down 4.5%

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The Motley Fool

AUGUST 31, 2023

Then, a helpful legal verdict briefly pushed Bitcoin past $28,000 again. For example: Cryptocurrencies started 2023 in fine form, but the rally ran out of steam. The long-awaited breakthroughs in regulations and legal codes are still conspicuously absent. The legal wheels may grind slowly, but they do keep on moving.

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The Motley Fool

SEPTEMBER 22, 2024

Sports betting is one such industry -- and DraftKings (NASDAQ: DKNG) is the best wager to make on the legalization megatrend. Widening budget needs are driving more governments to boost their tax revenue by legalizing sports gambling. Growth stock to buy No. DraftKings operates sportsbooks in 27 states.

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The Motley Fool

APRIL 11, 2024

Since the release of the Surgeon General's report on smoking 60 years ago, usage has declined and tobacco companies like Altria had to pay out hundreds of billions of dollars in legal settlements. Consequently, the total number of cigarettes shipped, which was almost 110 billion in 2018, fell to just over 76 billion in 2023.

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The Motley Fool

OCTOBER 9, 2024

Industry projections suggest it could grow from $57 billion in 2023 to $444 billion by 2030. country to legalize cannabis for recreational use. However, the initial phase of this legalization focuses on personal possession and cultivation, along with non-profit "cannabis clubs" for distribution, rather than commercial sales.

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The Motley Fool

SEPTEMBER 19, 2023

there's been no clear response yet from the Drug Enforcement Agency to the Department of Health and Human Services' recommendation that marijuana be rescheduled to a level that would make legalizing marijuana for medical purposes easier. regulators even if they are only working with legal Canadian cannabis businesses.

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The Motley Fool

MAY 1, 2024

31, 2023), the company reported revenue growth of 24%. states legalized sports betting -- opening a massive opportunity for companies like DraftKings that specialize in online sports gambling. As of this writing, sports wagering is now legal in 38 states and the District of Columbia. Total music industry revenue in 2023 hit $28.6

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The Motley Fool

AUGUST 26, 2023

After Canada legalized adult uses of cannabis in 2018, investors rushed to invest in pot companies, expecting many other countries in the Western hemisphere to follow suit and anticipating excellent returns from the sector. Several surveys have shown that a majority of Americans now support legalization. So even if the laws in the U.S.

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Private Equity Professional

OCTOBER 29, 2024

L2 Point’s investment in SimSpace was made in December 2023. PJT Park Hill served as the placement agent for L2 Point on this fundraise, and Proskauer Rose provided legal services. SimSpace’s clients include Bank of America , U.S. Cyber Command , the FBI , and other government agencies and Fortune 2000 companies.

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The Motley Fool

DECEMBER 10, 2023

Supreme Court ended the federal ban on sports gambling , allowing states to decide for themselves whether to make sports gambling legal for their residents. Over 20 states have legalized online sports betting with tens of billions of dollars spent yearly by gamblers betting on football, basketball, and more through these online portals.

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The Motley Fool

FEBRUARY 15, 2024

Image source: Getty Images Car insurance is pretty common, and for most people, it's legally required to get behind the wheel. Only two states allow drivers to skip insurance Currently, 48 states require their drivers to carry at least some car insurance to operate a vehicle legally. Many other states use this as a starting point.

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The Motley Fool

APRIL 29, 2024

Metric Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Ad Revenue $28.1B $31.5B $33.6B $38.7B $35.6B Meta's slower ad sales to Chinese advertisers, which accounted for 10% of its top line and five percentage points of its revenue growth in 2023, might be a factor in that deceleration. YOY = Year-over-year. and Europe.

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Private Equity Professional

DECEMBER 10, 2024

The companys most recent addition came in August 2023 with the acquisition of Rocky Top Catering , based in North Carolina. In December 2023, Falfurrias closed its first dedicated growth buyout fund, Falfurrias Growth Partners I LP , with $400 million in capital commitments. 2024 Private Equity Professional | December 10, 2024

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The Motley Fool

DECEMBER 14, 2023

Customer acquisition costs are decreasing DraftKings is experiencing significant growth as more states legalize sports betting, resulting in more people using the platform. And as more states legalize online sports betting and gambling, that means more guidance raises to come for DraftKings. It also means more customers.

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The Motley Fool

OCTOBER 10, 2024

federal legalization, burdensome tax regimes, and competition from the black market. Industry analysts project global cannabis sales to grow at a compound annual rate of 34% from 2023 to 2030, potentially reaching $444 billion by the decade's end. legal market demand. Image source: Getty Images.

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The Motley Fool

DECEMBER 12, 2023

That was before the Securities and Exchange Commission (SEC) filed a trade-stopping lawsuit that is still inching its way through the legal system. The legal challenge knocked Ripple out of action in all U.S. Imagine buying $1,000 of Ripple (CRYPTO: XRP) three years ago. Many digital currencies have soared over this period.

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The Motley Fool

OCTOBER 6, 2023

Whether Amazon is monopolistic in the legal sense of the word, it's certainly big enough to look like one. Just for the sake of argument, however, let's say the FTC's suit gets legal traction. Amazon has been under regulatory and legal scrutiny before and survived. Conversely, keep things in perspective.

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The Motley Fool

SEPTEMBER 2, 2023

The company has faced significant legal headwinds in recent years. However, the company's legal issues are starting to get clearer. 3M's improving cash flow and much clearer legal liabilities could give the company the confidence to continue increasing its dividend in the future. It produced $2.4 billion dividend outlay.

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The Motley Fool

AUGUST 29, 2023

Why investors are cheering the news Five-and-a-half billion dollars may seem like a steep price tag to resolve the earplugs litigation, but that was actually significantly less than analysts estimated the company would have to pay, as some Wall Street watchers thought that 3M could pay up to $10 billion over the legal claims. Is 3M a buy now?

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