This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
On the cusp of a new era in digital finance, Ripple's XRP (CRYPTO: XRP) token presents a unique opportunity for the savvy investor. Stuck in a legal challenge from the U.S. Securities and Exchange Commission (SEC) since December 2020, this token disconnected from broader price trends in the crypto market for a while, but is back to mirroring the price changes of Bitcoin (CRYPTO: BTC) rather closely in the long term.
Coming out of the Great Financial Crisis there was this running narrative that the United States economy was the cleanest dirty shirt in the laundry hamper. Yes, our economic recovery was tepid but the rest of the world was a mess. The European Union was falling apart. Emerging markets were in disarray. China seemed like it wanted to put up a fight for our economic seat on the throne but never made a serious attempt to di.
Wall Street analysts love grouping stocks because it helps investors separate the market's top performers from the rest of the pack. For instance, the FAANG acronym was coined by CNBC financial analyst Jim Cramer in 2017 to describe five of the largest technology companies at the time: Facebook, which now trades as Meta Platforms Apple Amazon Netflix Google, which now trades as Alphabet Then in 2023, Bank of America analyst Michael Hartnett named a new group of technology stocks the "Magnificent
Over the past four years, volatility has ruled the roost on Wall Street. The 127-year-old Dow Jones Industrial Average (DJINDICES: ^DJI) , benchmark S&P 500 (SNPINDEX: ^GSPC) , and growth-powered Nasdaq Composite (NASDAQINDEX: ^IXIC) have traded off bear and bull markets in successive years since this decade began. Even though Wall Street has proved to be a bona fide long-term wealth creator, it doesn't stop investors from trying to gain an edge by knowing which direction the Dow Jones, S&am
Image source: Getty Images Saving for retirement is like time travel for your personal finances. When you save and invest money, you are sending money to your future self. And whenever you rack up credit card debt or take out a loan, you're borrowing money from your future self. One of the biggest challenges of spending, saving, and investing is: Are "present-day you" and "future you" both going to be happy with the deal?
By Bryce Sanders Like every profession, people believe in misconceptions about financial advisors and insurance agents. Here are a few of them and how you can counteract them. How you do business. This likely involves financial planning, presenting a proposal addressing their issues, making investments, and meeting periodically to review performance and progress.
By Bryce Sanders Like every profession, people believe in misconceptions about financial advisors and insurance agents. Here are a few of them and how you can counteract them. How you do business. This likely involves financial planning, presenting a proposal addressing their issues, making investments, and meeting periodically to review performance and progress.
Inflation is measured using the Consumer Price Index (CPI), an ongoing survey that tracks the change in price of a large basket of goods and services by comparing it to a previous point in time. The U.S. Federal Reserve has been tasked with trying to keep the CPI growing by an average of 2% each year. One way it does this is by adjusting the federal funds rate (also called the prime lending rate), which affects overall interest rates.
Will you end up paying too much in ordinary income taxes for company stock in your 401(k) plan? As a seasoned employee with a diverse array of financial commitments, Net Unrealized Appreciation (NUA) within your 401(k) and Employee Stock Ownership Plan (ESOP) offers a pathway to significant tax savings and aligns perfectly with your multifaceted financial goals.
Image source: Getty Images Two-thirds (67%) of Americans want to be financially independent, which most commonly means not needing to rely on family or friends for financial assistance, according to a study by Empower. But what does it take to get there? The average American says they'd need an annual salary upwards of $94,000. That's doable, although it isn't easy.
To read this article, you must be a paid subscription member. (Current members login here) [.] The post OfferZen scoops pre-Series B funding from Invenfin, AI Capital first appeared on Africa Capital Digest.
Taiwan Semiconductor Manufacturing Company (TSM) is the overwhelming leader in the foundry market, particularly when it comes to cutting-edge manufacturing processes. For companies like NVIDIA , TSMC's top-tier manufacturing capabilities have been effectively the only game in town for many years. Intel (NASDAQ: INTC) is looking to disrupt the foundry market by building a foundry business of its own.
To read this article, you must be a paid subscription member. (Current members login here) [.] The post AI startup DXwand wraps up Shorooq Partners-led Series A first appeared on Africa Capital Digest.
The stock market had a great year in 2023, largely bringing it back from the inflation-flavored plunge of 2022. The market barometer S&P 500 rose by 24.2% while the tech-heavy Nasdaq Composite index jumped 43.4%. The Federal Reserve's anti-inflation measures brought price growth back down, and the tech sector celebrated the arrival of powerful new artificial intelligence (AI) systems like OpenAI's ChatGPT.
To read this article, you must be a paid subscription member. (Current members login here) [.] The post AgDevCo and IDH make debt investment in poultry business first appeared on Africa Capital Digest.
The last four years have been a wild ride for Walt Disney (NYSE: DIS). Investments to support its digital-first transition have been costly. Disney's quarterly net income of $264 million is well off course from the $5.4 billion reported before the pandemic. That's why the stock is 52% off its high. DIS data by YCharts The reason the stock could be undervalued right now is that the company isn't experiencing a demand problem.
To read this article, you must be a paid subscription member. (Current members login here) [.] The post Mirova raises over half the total targeted for Gigaton Fund first appeared on Africa Capital Digest.
In the past 20 years, Amazon 's (NASDAQ: AMZN) shares have skyrocketed an incredible 6,200%, turning $1,000 into more than $63,000 during that time. This magnificent tech giant has been so successful that it's now one of the most valuable enterprises on the face of the planet, valued at over $1.6 trillion today. Past performance is never indicative of future returns.
To read this article, you must be a paid subscription member. (Current members login here) [.] The post Carlyle fund exits security equipment business in trade sale first appeared on Africa Capital Digest.
The stock market is at an all-time high, but there are some excellent opportunities if you're looking for stocks to buy and hold for the long term. In this video, Fool.com contributors Tyler Crowe and Matt Frankel discuss two stocks they think could be great ways to build wealth over the decades to come. *Stock prices used were the afternoon prices of Feb. 1, 2024.
To read this article, you must be a paid subscription member. (Current members login here) [.] The post Omega buys stake in leading Ivorian soccer club first appeared on Africa Capital Digest.
Social Security is an essential part of retirement budgeting for many American seniors. Nearly 9 out of every 10 retirees said they rely on Social Security at least in part to make ends meet, according to an annual poll from Gallup. As such, it's important to make the most of your retirement benefits. Many people know they can earn a higher monthly benefit check by waiting as long as possible to apply for Social Security.
To read this article, you must be a paid subscription member. (Current members login here) [.] The post Bosta secure investments from Avanz, Axian, and Beltone Holding first appeared on Africa Capital Digest.
Nvidia (NASDAQ: NVDA) represents one of the most straightforward ways to invest in the booming artificial intelligence (AI) market. Most of the world's top AI companies -- including Microsoft , ChatGPT's creator OpenAI, and Amazon -- currently use its high-end GPUs to process complex AI tasks. That market is growing rapidly as more organizations harness the power of generative AI tools to predictively generate fresh content instead of simply crunching large amounts of data.
To read this article, you must be a paid subscription member. (Current members login here) [.] The post Silicon Badia leads investment in AI-powered logistics startup first appeared on Africa Capital Digest.
It wasn't long ago that investors were wondering if a publicly traded U.S.-based company would ever reach the $1 trillion threshold. But in early August 2018, Apple hit that coveted mark. Not long after that, the market saw a correction. The market sold off heavily in late 2018 over tensions with the U.S.-China trade war and uncertain Federal Reserve policy.
Closer Coordination and Alignment Expected to Further Accelerate Growth of Both KKR and Global Atlantic KKR Announces Other Strategic Initiatives to Benefit Shareholders KKR and Global Atlantic to Host a Conference Call at 10:00 a.m. EST NEW YORK & HAMILTON, Bermuda--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) and Global Atlantic Financial Group LLC (“Global Atlantic” or “GA”) today announced.
Walmart 's (NYSE: WMT) stock is splitting. The world's largest retailer surprised investors on Tuesday by announcing a 3-for-1 stock split. In recent years, stock splits have become associated with high-flying tech stocks like those in the "Magnificent Seven." Walmart's announcement is a reminder that stock splits can take place at any company at any time, even if the share price isn't exceptionally high.
Platform Will Focus on Technologies to Detect Lung Cancer, the Leading Cause of Cancer Deaths NEW YORK & MARLBOROUGH, Mass.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced a new platform established with investments from KKR and Hologic, Inc. (Nasdaq: HOLX), a global leader in women’s health and medical technology innovator.
Jim Rohn said, "Become a millionaire not for the million dollars, but for what it will make of you to achieve it." Mr. Rohn is onto something -- because for most of us, becoming a millionaire will require that we learn to be diligent and patient -- or be more diligent and patient. And those qualities can serve us well in other parts of our lives, too.
Zurich, 7 December 2023 – KKR, a leading global investment firm, today announced the opening of a new office in Zurich, Switzerland, solidifying its presence in one of the world's most important institutional and wealth management centers. The KKR office opens with individuals representing KKR’s Global Client Solutions team and will also serve as a Swiss base for investment professionals covering the DACH region.
A bull market is underway as the S&P 500 index hit several new highs to start 2024. Some companies are in a great position to see improving revenue and profits over the next few years that could send their share prices soaring. Here's why entertainment juggernaut Walt Disney (NYSE: DIS) and fast-growing restaurant chain Dutch Bros (NYSE: BROS) are great buys.
MENLO PARK, Calif., Dec. 7, 2023 /PRNewswire/ -- Ajax Health announced today the formation and funding of Cortex, a medical technology company developing an integrated mapping and ablation solution suite for the treatment of atrial fibrillation (AFib), the most common heart rhythm disorder, affecting more than 30 million patients worldwide. Cortex has raised $90 million in funding commitments led by KKR and Hellman & Friedman (H&F) with participation by other investors including AI Life
Going without health insurance at any age can be a dangerous thing. This especially holds true in retirement. That's because health problems have a tendency to arise with age. And without health coverage, you risk wiping out your nest egg to pay your expenses. Thankfully, older Americans don't have to go without coverage, because starting at age 65, most seniors are eligible to sign up for Medicare.
NEW YORK--(BUSINESS WIRE)-- KKR today announced the appointment of Dane E. Holmes as Chief Administrative Officer (CAO), effective December 29, 2023. As CAO, he will join the firm’s leadership team and oversee and work with the existing leaders of a number of key functions, including KKR’s Human Capital, Communications, Marketing, Sustainability, and Citizenship teams.
Image source: Getty Images With its short videos, TikTok has become a popular place for bite-sized financial advice. That includes investing advice. It's often published under the hashtag StockTok, and videos with this hashtag have currently racked up 3.5 billion views. The StockTok craze is understandable. Some investing advice can be long and dull; StockTok is the opposite.
Henry McVey: Investors Should Approach Markets with a ‘Glass Half Full’ Lens NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released its 2024 Global Macro Outlook by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content