Wed.Jun 26, 2024

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Spectacular News for Nvidia's Upcoming Artificial Intelligence (AI) Chip

The Motley Fool

In today's video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA) and other semiconductor companies. 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 June 24, 2024. The video was published on June 24, 2024. Should you invest $1,000 in Nvidia right now?

Returns 246
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Ario Raises $16M in Seed Funding

FinSMEs

Ario, a Palo Alto, CA-based AI-powered assistant for parents, raised $16M in Seed funding. Backers included Wing Venture Capital, Floodgate, Bain Capital Ventures, Moxxie, and angels. The company intends to use the funds to expand operations and development efforts. Led by CEO Sumit Agarwal, Ario is an AI life assistant that takes care of mundane […] The post Ario Raises $16M in Seed Funding appeared first on FinSMEs.

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Warren Buffett Just Bought $435 Million of This Stock and Plans to Hold It Forever

The Motley Fool

Lately, there aren't a lot of stocks Warren Buffett has found interesting enough to add to Berkshire Hathaway 's (NYSE: BRK.A) (NYSE: BRK.B) $385 billion portfolio. Buffett, through Berkshire, has made only a handful of purchases during the current bull market. Truth be told, Buffett has sold more stocks than he's bought in each of the last six quarters.

Stakes 246
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Onehouse Raises $35M in Series B Funding

FinSMEs

OneHouse, a Sunnyvale, CA-based universal data lakehouse company, raised $35M in Series B funding. The round, which brought the total amount to $68M, was led by Craft Ventures. Existing investors Addition and Greylock Partners also participated. Led by CEO and Founder Vinoth Chandar, Onehouse delivers the data lakehouse in minutes as a fully managed, cloud-based […] The post Onehouse Raises $35M in Series B Funding appeared first on FinSMEs.

Funds 103
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This Is the Average Social Security Benefit for Age 62

The Motley Fool

As you plan for your retirement -- and we all should be planning for our retirements, even if we're still relatively young -- it's good to incorporate expected Social Security benefits , even if they're just a rough estimate. We can all start collecting our retirement benefits as early as age 62, and many of us would like that income as soon as possible.

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Deal Roundup: FlexPoint Ford seals $165m Create Music deal, Acon and Triton Healthcare score good return from BioMatrix

AltAssets

FlexPoint Ford has made a $165m investment in music distribution, publishing and marketing specialise Create Music Group. The company, which was founded in 2015, aims to offer independent artists and labels access to “major-label services” at every stage of their growth. FlexPoint managing director Mike Morris said, “By acting as a media company that offers […] The post Deal Roundup: FlexPoint Ford seals $165m Create Music deal, Acon and Triton Healthcare score good retur

Returns 92

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Arcus Infrastructure Partners exits cold storage provider to EQT

Private Equity Wire

European private equity major EQT, through its EQT Infrastructure VI fund, has agreed to acquire storage services provider Constellation Cold Logistics from Arcus Infrastructure Partners. EQT’s investment is expected to help Constellation expand within existing and new markets, both organically and through European M&A. The transaction is expected to close this October, after which EQT Infrastructure VI is expected to be 40-45% invested.

Funds 89
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Why the Vanguard Information Technology ETF Is One of the Best Ways to Invest in Artificial Intelligence (AI)

The Motley Fool

If you are looking to invest in technology stocks, and in particular some of the tech companies most set to benefit from artificial intelligence (AI) , the Vanguard Information Technology ETF (NYSEMKT: VGT) is a strong option to consider. The exchange-traded fund (ETF) tracks the MSCI U.S. Investable Market Information Technology 25/50 Index, which includes companies involved in cloud computing, semiconductors, data centers, and communication equipment such as smartphones and computers, among ot

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Marc Andreessen and Ben Horowitz’s VC firm set to launch PE fund

Private Equity Wire

US venture capital firm Andreessen Horowitz will enter private equity with the launch of its inaugural fund, a16z Perennial Private Equity Fund, according to a report by Fortune citing US SEC filings. Details on the fund’s strategy and launch timeline remain undisclosed. The disclosure was made through Andreessen Horowitz’s wealth management division, Perennial, which oversees the financial affairs and philanthropic endeavours of entrepreneurs and investors associated with the fi

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Prediction: After Nvidia and Broadcom Stock Splits, This Artificial Intelligence Stock Will Be Next

The Motley Fool

Stock splits have taken the market by storm, with a broad range of companies announcing these operations to lower high-flying share prices. This is good news in general, showing these players and the market have been doing well. And the operations themselves are positive because they make it easier for a wider range of investors to buy the particular stock.

Returns 246
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ACME Credit Partners, launched by ex-Cerberus execs last year, brings in Veilleux as head of IR

AltAssets

Recently-launched investor ACME Credit Partners has brought in experienced alternative investment exec Liz Veilleux as head of capital formation and investor relations. The post ACME Credit Partners, launched by ex-Cerberus execs last year, brings in Veilleux as head of IR first appeared on AltAssets Private Equity News.

Capital 84
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Where Will Nvidia Stock Be in 10 Years?

The Motley Fool

If you put $10,000 in Nvidia (NASDAQ: NVDA) stock 10 years ago, you would have $2.74 million today -- a life-changing return of over 27,400%. Over that time frame, the company has experienced several boom-and-bust cycles based on demand for its graphics processing units (GPUs). Let's dig deeper into what the next decade could have in store. A history of boom and bust cycles Historically, Nvidia has experienced several boom-and-bust cycles based on macroeconomic factors and industry dynamics outs

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TPG and CDPQ to acquire European property SaaS provider Aaeron

Private Equity Wire

Texas-based alternative asset manager TPG and global investment group CDPQ have agreed to acquire Aareon, a European SaaS provider for the property industry valued at €3.9bn, from international property specialist Aareal Bank and US private equity firm Advent International. Aareal Bank’s equity stake in Aareon is valued at approximately € 2.1bn. The transaction is expected to close in H2 2024, subject to customary closing conditions and approvals.

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Prediction: These Could Be the Best-Performing Value Stocks Through 2030

The Motley Fool

While the market continues to march higher, with the S&P 500 repeatedly hitting new all-time highs, there is at least one subsector of the market that is greatly undervalued compared to where its stocks have traded historically. That would be the energy midstream sector. Even better, the midstream industry as a whole is in much better shape today compared to a decade ago when the stocks in it traded at much higher valuations.

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Elsewhere Partners shifts from growth capital to PE with $285m Fund III final close

AltAssets

Elsewhere Partners, the growth stage firm launched by a pair of former Austin Ventures general partners, has evolved into an early-stage private equity firm with the $285m final close of its third fund. The post Elsewhere Partners shifts from growth capital to PE with $285m Fund III final close first appeared on AltAssets Private Equity News.

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Investing $1,000 Into Each of These Top ETFs Would Incur a Mere $12 Annual Fee, and They Have All Beaten the S&P 500 and Nasdaq Composite So Far in 2024

The Motley Fool

Exchange-traded funds (ETFs) vary in size and structure. Some are simple and passive -- mirroring the performance of a broader index like the S&P 500 or Nasdaq Composite. Others are complex and active -- targeting a specific theme or industry. Investing $3,000 evenly across the Vanguard Russell 1000 Growth ETF (NASDAQ: VONG) , the Roundhill Generative AI and Technology ETF (NYSEMKT: CHAT) , and the VanEck Semiconductor ETF (NASDAQ: SMH) would incur just $12 in annual fees.

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Ex-Deutsche Telekom VC execs raise $450m across new DTCP growth, early-stage funds

AltAssets

DTCP, the infra and growth investment house launched by senior venture capital execs at Deutsche Telekom, has raised $450m across a pair of new fund closes. The post Ex-Deutsche Telekom VC execs raise $450m across new DTCP growth, early-stage funds first appeared on AltAssets Private Equity News.

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Is It Too Late to Buy Zscaler Stock?

The Motley Fool

Cybersecurity stock Zscaler (NASDAQ: ZS) enjoyed quite the run-up over the past year. Shares were at a 52-week low of $131.59 last August before nearly doubling to a high of $259.61 in February. Since then, the stock has pulled back, although it remains well above its 52-week low. As a matter of fact, Zscaler shares were heading downward in the days leading to the company's earnings report for its fiscal third quarter, ended April 30.

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Carlyle and Goldman Sachs extend $1.1bn PIK loan to Apex Group

Private Equity Wire

The Carlyle Group and Goldman Sachs Private Credit have extended a $1.1bn payment-in-kind loan to global fund administrator Apex Group, according to a report by Bloomberg. According to a statement, the newly secured funds are expected to support Apex Group’s growth initiatives. PIK debt is typically secured against assets held by a company’s holding entity rather than its revenue-generating operating unit.

Debt 76
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Social Security's Latest Trustees Report Has Some Good News and Bad News

The Motley Fool

Every year, the Social Security board of trustees releases a report with important details about the financial situation of this retirement benefits program. This year, Social Security's report card contained some good news for seniors -- but also some bad news. The report should make seniors breathe a small sigh of relief, but they aren't out of the woods yet when it comes to their Social Security checks.

Taxes 246
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Global management consulting firm Kearney adds four to PE practice

Private Equity Wire

Global management consulting firm Kearney has added Grace Chieng and Marius Boersema as principals, Michael Schutte as senior manager and Sara Tan as associate to its private equity team. Chieng most recently worked in the strategy and transactions team at EY-Parthenon, Ernst & Young’s global strategy consulting arm, where she focused on pre- and post-acquisition projects.

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MercadoLibre's Growth Story in 4 Simple Charts

The Motley Fool

MercadoLibre 's (NASDAQ: MELI) stock has rallied 154% over the past five years as the S&P 500 rose 85%. The Latin American e-commerce and fintech leader has impressed investors with its rapid growth, widening moat, and rising margins. But can MercadoLibre continue growing as its biggest markets grapple with inflation? Let's review its growth story in four simple charts to see if it's still worth buying.

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Animal Spirits: Who Owns the Stock Market?

A Wealth of Common Sense

Today’s Animal Spirits is brought to you by Global X and CME Group: See here to learn more about Global X’s suite of ETFs See here for more information on CME Group’s valuable educational materials and trading tools and learn more about what adding futures can do for you. On today’s show, we discuss: US Stocks Beat Predictions Over the Past Decade.

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Why Whirlpool Stock Is Up Big Today

The Motley Fool

Whirlpool (NYSE: WHR) is reportedly a potential acquisition target for a German industrial conglomerate. Shares of the U.S. appliance maker traded up as much as 19% on Wednesday, and were up 15% as of 11 a.m. based on speculation that a potential offer with a premium could appear. Is Bosch weighing a move? Whirlpool is one of the largest manufacturers of home appliances based in the United States, with a business increasingly under pressure from foreign rivals.

Bidding 245
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RISR Raises $1.5M in Funding

FinSMEs

RISR, a Philadelphia, PA-based provider of a comprehensive business owner engagement platform for financial advisors, raised $1.5M in funding. Backers included Kane Brenan, Angelo Grecco, Kevin Lucey, Scott Hildenbrand, Frank Coates and David Henkin. The company intends to use the funds to accelerate its strategic hires, service enhancements and platform development.

Funds 67
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Target Gets a Shopify Boost

The Motley Fool

Target (NYSE: TGT) is integrating Shopify (NYSE: SHOP) into its online store and app to bring more selection to consumers. This follows other e-commerce giants making similar moves with their marketplace products. In this video, Travis Hoium discusses whether or not this is the right move. *Stock prices used were end-of-day prices of June 24, 2024. The video was published on June 25, 2024.

Returns 245
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Europe’s Jolt Capital expands IR capability again by hiring Talma as US managing director

AltAssets

European deeptech investor Jolt Capital has expanded its investor relations team again this year with the hire of Valéry Talma as US managing director. The post Europe’s Jolt Capital expands IR capability again by hiring Talma as US managing director first appeared on AltAssets Private Equity News.

Capital 72
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Robinhood's Growth Momentum Continues

The Motley Fool

Brokerage company Robinhood (NASDAQ: HOOD) continues to attract more affluent users to the platform, and that's making the business more stable long term. In this video, Travis Hoium shows why recent trends bode well for upcoming earnings. *Stock prices used were end-of-day prices of June 24, 2024. The video was published on June 25, 2024. Should you invest $1,000 in Robinhood Markets right now?

Returns 245
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KKR sets sights on $20bn with newly-launched North America megafund – report

AltAssets

KKR is reportedly targeting $20bn for its new flagship North American buyout fund, just above its similarly hefty $19bn predecessor vehicle closed in 2022. The post KKR sets sights on $20bn with newly-launched North America megafund – report first appeared on AltAssets Private Equity News.

Buyout 69
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2 Undervalued Growth Stocks to Buy Before They Soar 71% and 1,000%, According to Certain Wall Street Analysts

The Motley Fool

The S&P 500 has advanced 14% in 2024. The index's strong start to the year means it has become increasingly difficult to find reasonably priced stocks. But certain Wall Street analysts see Uber Technologies (NYSE: UBER) and Roku (NASDAQ: ROKU) as undervalued. Brian Nowak at Morgan Stanley has outlined a bull-case price target that puts Uber at $120 per share by May 2025.

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Foodsmart Raises USD200M in Funding

FinSMEs

Foodsmart, a San Franciso, CA-based telenutrition company and a provider of a food benefits management platform, raised USD200M in funding. The round was led by The Rise Fund. The company intends to use the funds to expand operations and its business reach. Founded in 2010 by CEO Jason Langheier, Foodsmart supports those facing chronic disease […] The post Foodsmart Raises USD200M in Funding appeared first on FinSMEs.

Funds 62
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Better Artificial Intelligence (AI) Stock Split Buy: Nvidia vs Broadcom

The Motley Fool

Nvidia (NASDAQ: NVDA) and Broadcom (NASDAQ: AVGO) both announced 10-for-1 stock splits in recent times. That's because shares of these technology giants have surged, surpassing $1,000, as demand from artificial intelligence (AI) customers boosted revenue quarter after quarter. Nvidia completed its stock split earlier this month, and Broadcom's operation is set for next month.

Stakes 244
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Rainforest Raises $20M in Funding

FinSMEs

Rainforest, an Atlanta, GA-based payment provider for software platforms, raised $20M in funding. The round was led by Matrix Partners. Additional participating investors included Accel, Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, and Ardent Venture Partners. The company intends to use the funds to advance its core technology and product offerings, expand its platform success team, and accelerate its […] The post Rainforest Raises $20M in Funding appeared first on

Funds 62
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Nvidia Just Executed a 10-for-1 Stock Split. 3 Artificial Intelligence (AI) Stocks That Could be Next.

The Motley Fool

Nvidia stock soared to record highs following its 10-for-1 split. Following that increase, it became the stock with the world's largest market cap. Another chip giant, Broadcom , is far from such an achievement but has shot higher since announcing its own split. Given those reactions, such a move could be next for other AI stocks that announce stock splits.

Bidding 242