Sat.Mar 09, 2024

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Is SoundHound AI Stock a Buy Now?

The Motley Fool

SoundHound AI (NASDAQ: SOUN) stock has been on fire over the past month, with astounding gains of 254%, and Nvidia has played a big role in this stunning surge. Investors rushed to buy SoundHound AI stock hand over fist after Nvidia disclosed a stake in the company. However, SoundHound AI's eye-popping run came to a halt following the release of its fourth-quarter 2023 results, which were released on Feb. 29.

Stakes 248
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10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of coffee, grab a seat by the fire, and get ready for our longer-form weekend reads: • The economy is roaring. Immigration is a key reason. Momentum in the job market picked up aggressively over the past year — all while Washington is deadlocked on a border deal ( Washington Post ) • The Errors Tour: How the Pros Bungled the End of Zero Interest Rates : A look at the ways forecasters, traders and executives missed the mark over the past two years.

Banks 122
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Forget Buying a Rental Property: Investing $50,000 Into These Passive Income Producers Could Make You Nearly $2,250 in Annual Income

The Motley Fool

Buying a rental property is one of the more common ways to generate passive income. A good rental property will produce enough income each month to cover its expenses with room to spare. However, rental properties have their pitfalls. The income isn't truly passive because you often need to actively manage the property, including finding the right one, securing a tenant, and then dealing with maintenance and other issues.

Investing 246
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Utila Raises $11.5M in Seed Funding

FinSMEs

Utila, a Tel Aviv, Israel-based startup provider of a platform that enables institutions to handle their crypto assets, raised an $11.5m in seed funding. Bakers included NFX, Wing VC, Framework Ventures, Fasanara Digital Ventures, North Island Ventures, Republic Capital, Liquid2, Inspired Capital, Lyrik Ventures, DCG Expeditions, Launchpad Capital, Shima Capita, K5 Global, Big Brain Holdings and […] The post Utila Raises $11.5M in Seed Funding appeared first on FinSMEs.

Funds 115
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Forget Tesla: This Stock Should Replace It in the "Magnificent Seven"

The Motley Fool

It may be one of the so-called "Magnificent Seven" stocks, but Tesla (NASDAQ: TSLA) hasn't been so magnificent of late. Share prices of the electric vehicle (EV) maker are down nearly 40% since July and have been more than halved since their late-2021 peak. That weakness coincides with the rise of more serious competition and subsequent price cuts on Tesla-made EVs.

Returns 246
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Baanx Raises $20M in Series A Funding

FinSMEs

Baanx, a London, UK-based provider of payment services such as traditional credit cards and cryptocurrencies, raised $20m in Series A funding. Backers included Ledger, Tezos, Chiron, and British Business Bank. The company, which has raised a total of $30+ million so far, intends to use the funds to expand operations, its business reach and devleopment efforts. […] The post Baanx Raises $20M in Series A Funding appeared first on FinSMEs.

Funds 115

More Trending

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Kering and EssilorLuxottica among suitors for eyewear maker Marcolin

Financial Times M&A

Italian company has been put up for sale by PE owners

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This Is Hands-Down the Best Age to Take Social Security, According to Data

The Motley Fool

When it comes to planning for retirement, choosing the right age to begin taking Social Security is critical. Your age will have a major effect on the amount you receive each month in benefits, and filing at a less-than-ideal time will affect your monthly income for the rest of your life. Age 62 is the earliest age you can begin claiming, or you can wait and file at any point after that.

Financing 246
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TP ICAP separates data unit following investor pressure

Financial Times M&A

Parameta Solutions registered as standalone company in preparation for potential listing or sale

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Realty Income Keeps Expanding in This Key Growth Market

The Motley Fool

Realty Income (NYSE: O) isn't an exciting company, but it has historically proven to be an attractive and reliable dividend stock. If you are looking to build a passive income stream to support yourself in retirement, it should probably be on your radar. And with the dividend yield near 10-year highs at 5.8%, now is a good time to take a closer look.

Assets 246
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KKR Announces Intra-Quarter Monetization Activity Update for the Fourth Quarter

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced a monetization activity update for the period from October 1, 2023 to December 21, 2023. Based on information available to us as of today, with respect to the period through December 21, 2023, KKR has earned total realized performance income, including realized incentive fees, and total realized investment income in excess of $500 million.

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38% of U.S. Workers Performed Freelance Work in 2023. Should You Join Them and Give Freelancing a Try, Too?

The Motley Fool

Image source: Getty Images Many workers seek ways to make a living while maintaining flexible schedules. That isn't always possible when working a traditional job. Freelance work is one solution that has become more popular over the years. A recent study by Upwork, a freelancing platform, found that 64 million Americans performed freelance work last year.

Taxes 246
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KKR Completes Acquisition of Remaining 37% of Global Atlantic

KKR

NEW YORK & HAMILTON, Bermuda--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) and The Global Atlantic Financial Group LLC (together with its subsidiaries, “Global Atlantic”) today announced the closing of the previously-announced transaction in which KKR is acquiring the remaining 37% of Global Atlantic, increasing KKR’s ownership to 100%. This press release features multimedia.

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2 Reasons to Buy Apple Stock Like There's No Tomorrow

The Motley Fool

Apple (NASDAQ: AAPL) has had a challenging start to 2024, with its shares down 9% year to date. Macroeconomic headwinds caught up with the company last year, which led to four consecutive quarters of revenue declines. Its first quarter of 2024 finally broke the streak, with the tech giant posting revenue growth of 2% year over year to $120 billion as it beat Wall Street forecasts by more than $1 billion.

Returns 246
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KKR Launches New Digital Global Education Platform for Financial Advisors and Individual Investors

KKR

Platform to help fill the knowledge gap around the alternatives landscape, which has long served as a barrier to private markets investing NEW YORK--(BUSINESS WIRE)-- Today, KKR, a leading global investment firm, unveiled “KKR Alternatives Unlocked,” a digital platform designed to empower financial advisors and their clients to better understand the alternatives investing landscape.

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Here Are the Magnificent Seven Retirement Saving Rules to Know

The Motley Fool

It's important to learn how to build a comfortable and financially secure future for yourself, but the more you read about it, the more you may end up overwhelmed by lots of recommendations. The more of them you act on, the better your retirement may be, but do try to focus on the most important ones. Here are the magnificent seven retirement rules to know about -- and, ideally, to act on.

Taxes 246
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KKR & Co. Inc. to Announce Fourth Quarter 2023 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the fourth quarter 2023 on Tuesday, February 6, 2024, before the opening of trading on the New York Stock Exchange. A conference call to discuss KKR’s financial results will be held on Tuesday, February 6, 2024 at 10:00 a.m. ET.

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Here's the Average Social Security Benefit at Age 62

The Motley Fool

For many Americans, Social Security income is a necessity. More than two decades of annual surveys from Gallup have shown that between 80% and 90% of retirees rely on their monthly check to cover at least some portion of their expenses. Furthermore, the Center on Budget and Policy Priorities estimates that poverty rates for adults aged 65 and above have been reduced by nearly 75% (compared to if the program didn't exist) thanks to the guaranteed monthly benefit that Social Security provides elig

Taxes 246
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KKR acquires two Multi-Family blocks at Wembley Park from Quintain

KKR

London, 22 January 2024 – KKR, a leading global investment firm, today announces the acquisition of two high-quality, purpose Build-to-Rent (BtR) multi-family buildings from Quintain, the developer and asset manager behind Wembley Park, for an undisclosed sum.

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The Artificial Intelligence (AI) Market Could Soar 820% by 2030: 2 AI Growth Stocks to Buy Now and Hold Long-Term

The Motley Fool

Artificial intelligence (AI) spending across hardware, software, and services totaled about $200 billion last year, according to Grand View Research. But that figure is expected to soar 820% to exceed $1.8 trillion by 2030. In other words, the AI market is forecast to compound at 37% annually through the end of the decade. Many companies will benefit from that rising tide, but Cloudflare (NYSE: NET) and ServiceNow (NYSE: NOW) stand out because they have strong footholds in relevant markets.

Financing 246
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KKR Provides Global Accounts Receivable Facility to Weber LLC

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced that its private credit funds and accounts have provided a non-recourse accounts receivable financing for Weber LLC (“Weber”), the global leader in outdoor cooking products, innovation, and technology, to support the company’s operations and strategic investments in long-term growth. The initial $200 million facility is collateralized by certain.

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Hungry for More Income? 3 Tasty Dividend Stocks to Buy Right Now.

The Motley Fool

Two of my favorite pastimes are enjoying good food and finding new ways to generate passive income. For me, the two go hand in hand. The more passive income I can produce, the more my wife and I can spend time on enjoying different food experiences together. I've found that investing in dividend-paying food stocks can be a great way to satisfy both cravings.

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Optio Investment Partners, Kennedy Lewis Investment Management and KKR announce multi-year financing agreement

KKR

Stockholm and London, 23 January, 2024 – Optio Investment Partners (“Optio”), an innovative credit platform, Kennedy Lewis Investment Management (“Kennedy Lewis”), a leading alternative credit manager, and KKR, a leading global investment firm, today announced a multi-year, multi-jurisdiction agreement. Under this agreement, Kennedy Lewis and KKR will provide asset-based funding to support the Optio Auto Evolution strategy, driving next generation auto financing.

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1 Stock-Split ETF That Could Turn $200,000 Into $1 Million in 10 Years, With Nvidia's Help

The Motley Fool

BlackRock manages $10 trillion worth of assets on behalf of its clients, making it the largest company of its kind in the world. It invests in everything from residential and commercial real estate to America's largest technology companies in order to help its clients meet their financial goals. BlackRock is also the parent company of iShares, which manages more than 1,400 exchange-traded funds (ETFs) designed to place a variety of asset classes at the fingertips of investors of all skill levels

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KKR Closes US$6.4 Billion Asia Pacific Infrastructure Investors II Fund

KKR

Fund is largest pan-regional infrastructure fund to have been raised for Asia Pacific More than half of the Fund already invested or committed across ~10 investments HONG KONG--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the final close of KKR Asia Pacific Infrastructure Investors II SCSp (the “Fund”), a US$6.4 billion fund focused on infrastructure-related.

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Is Zscaler Stock Still a Top Cybersecurity Buy for 2024?

The Motley Fool

After a huge one-year rally, share prices of Zscaler (NASDAQ: ZS) have hit some bumps in the road. That's not to say the cloud-native cybersecurity leader is performing poorly, though. On the contrary, the company is doing quite well, although its growth does continue to moderate. I remain optimistic for Zscaler and its cloud security peers, but is this still a top cybersecurity stock buy for 2024 and beyond?

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ContourGlobal appoints Antonio Cammisecra as Chief Executive Officer

KKR

London, 5 February 2024 – ContourGlobal Ltd. (“ContourGlobal”), a developer, owner and operator of power generation assets around the world, today announces the appointment of Antonio Cammisecra as CEO, effective 2 February, 2024.

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Is Social Security a Gigantic Ponzi Scheme? The Answer May Surprise You.

The Motley Fool

There isn't a social program in this country that improves the financial well-being of Americans quite like Social Security. According to an analysis conducted by the Center on Budget and Policy Priorities using data from the U.S. Census Bureau, nearly 22.7 million people are lifted above the poverty line every year by the guaranteed payments Social Security provides.

Legal 246
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KKR & Co. Inc. Reports Fourth Quarter 2023 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its fourth quarter 2023 results, which have been posted to the Investor Center section of KKR’s website at [link] This press release features multimedia. View the full release here: [link] A conference call to discuss KKR’s financial.

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Ready to Invest in Artificial Intelligence (AI)? 2 Nvidia Alternatives

The Motley Fool

The broad surge of interest in artificial intelligence (AI) has been boosting the stock market for more than a year now, stretching back to OpenAI's release of the ChatGPT chatbot in November 2022. Since then, a handful of early leaders in AI technology have soared into the stratosphere. AI accelerator chips drove Nvidia 's stock more than 410% higher in 16 months.

Investing 246
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KKR to Present at the Bank of America Securities Financial Services Conference 2024

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the Bank of America Securities Financial Services Conference 2024 on Wednesday, February 21, 2024 at 10:30AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For.

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Berkshire Hathaway's Latest

The Motley Fool

In this podcast, Motley Fool analyst Jason Moser and host Deidre Woollard discuss: Why Berkshire Hathaway doesn't pay a dividend. If utility businesses are in trouble. What a mountain of cash means for the insurance business. Ken Costa, author of The 100 Trillion Dollar Wealth Transfer , explains how a sea change in wealth could impact the world's financial future.

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KKR’s Henry McVey Says Leading Family Offices Plan to Allocate More to Alternatives in 2024

KKR

New Asset Allocation Report Based on Proprietary Survey Highlights the Growth Ambitions of Family Offices NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released “Loud and Clear,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA). Based on a proprietary survey of more than 75 Chief Investment Officers.

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2 Stocks Warren Buffett Says He's Not Selling. Should They Be Your Next Buys?

The Motley Fool

One of the secrets to Warren Buffett's investing success is holding on to stocks for the long term. Though Buffett may have "missed out" on certain stocks that have soared overnight, he's also avoided the major losses of some of the market's former highfliers. The chairman of Berkshire Hathaway has proven his strategy is one shareholders can count on to deliver excellent performance over the long term.