Tue.Jun 11, 2024

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5 Clear Signs Your Sam's Club Membership Is a Waste of Money

The Motley Fool

Image source: Getty Images Breaking up is hard to do, even with a retailer. This is especially true if you're a long-time customer -- or, in this case, a long-time member. Still, the day may come when you decide you're wasting money on an annual Sam's Club membership. If any of the following signs feel familiar to you, that day may be today. 1. You rarely make a Sam's Club run anymore Whether your nearest Sam's Club is a fair distance from your house or you rarely feel inspired to shop there, yo

Finance 246
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Not Getting Rich Fast Enough

A Wealth of Common Sense

The plural of anecdote is not data. You can’t extrapolate your individual experience or the experiences of your family, friends and peers to the broader economy, markets, political climate, etc. Just because the dumbest person you know is going all-in on Nvidia does not mean the stock market is going to collapse tomorrow. That’s not how any of this works.

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Where Will UPS Be in 3 Years?

The Motley Fool

UPS (NYSE: UPS) management set out its targets for 2026 during its investor day event in March, and they will serve as a guidepost for investors. The question is not whether UPS will be a good value at current prices if it hits those goals, but whether it will achieve its aims. Here's what you need to know about the company's plans for the next three years.

Returns 246
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Ship Angel Raises $5M in Funding

FinSMEs

Ship Angel, a NYC-based provider of an AI-native platform for international shippers, raised $5M in funding. The round was led by Glasswing Ventures and newark venture partners (nvp), with participation from Bienville Capital, Socii Capital, and Plug and Play. The company intends to use the funds to support the expansion of its ocean and air […] The post Ship Angel Raises $5M in Funding appeared first on FinSMEs.

Funds 122
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3 Big Social Security Changes Coming in 2025 May Surprise Many Americans

The Motley Fool

More than 50 million retired workers received a Social Security benefit in April 2024. Those monthly disbursements are often their largest source of income. Indeed, a recent survey from Gallup found that 88% of retirees depend on Social Security to some degree, and 60% said benefits were a "major source" of income. The Social Security program undergoes certain changes annually to keep benefits aligned with inflation and general wage level.

Taxes 246
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Astrocade AI Raises $12M in Seed Funding

FinSMEs

Astrocade AI, a San Francisco, CA-based provider of an AI-powered social gaming platform, raised $12M in Seed funding. Backers included AME Cloud Ventures, NVIDIA Ventures, Venture Reality Fund, Eric Schmidt, Niccolo De Masi, John Riccitiello, David Baszucki, Jerry Yang, Mike Abbott, and more. The company intends to use the funds to expand operations and its […] The post Astrocade AI Raises $12M in Seed Funding appeared first on FinSMEs.

Funds 115

More Trending

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Photo-sharing app BeReal acquired by Voodoo for €500mn

Financial Times M&A

Paris-based platform popular with young people is bought by French video game developer

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Nvidia Just Split Its Stock: 3 Things to Know Before You Buy or Sell.

The Motley Fool

Nvidia (NASDAQ: NVDA) just made a move that many investors were eagerly waiting for: The tech giant completed a stock split, significantly bringing down its stock price. Nvidia shares had soared in recent times, climbing nearly 600% in just three years. That's as the company once known mainly for serving gaming customers with its chips surged to the forefront in the world of artificial intelligence (AI).

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SubQuery Network Launches First Decentralized RPCs for Polkadot and Kusama

FinSMEs

Singapore City, Singapore, 11th June 2024, Chainwire The post SubQuery Network Launches First Decentralized RPCs for Polkadot and Kusama appeared first on FinSMEs.

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5 Red Flags for VinFast Auto's Future

The Motley Fool

VinFast Auto (NASDAQ: VFS) disappointed many investors after its public debut last August. The Vietnamese automaker set some ambitious delivery targets before it went public by merging with a special purpose acquisition company (SPAC), but its stock plummeted after it broadly missed its own estimates. Rising interest rates also highlighted its persistent losses and compressed its valuations.

Law Firms 246
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Cyberhaven Raises $88M in Series C Funding

FinSMEs

Cyberhaven, a San Jose, CA-based company which specializes in data detection and response (DDR), raised $88M in Series C funding. The round was led by Adams Street Partners, and Khosla Ventures, with participation from Redpoint Ventures, Costanoa Ventures, Vertex Ventures, Crane Venture Partners, Wing Venture Capital, Amol Kulkarni, Gerhard Eschelbeck, Ash Devata, and others.

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2 Artificial Intelligence (AI) Stocks to Buy and Hold for Great Long-Term Potential

The Motley Fool

All eyes have been on the artificial intelligence (AI) market over the last year. The launch of OpenAI's ChatGPT at the end of 2022 reinvigorated interest in the technology and forced many to rethink what they thought was currently possible with AI. Advances in the generative software could boost countless industries, from self-driving cars to e-commerce, consumer products, cloud computing, and more.

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LP sentiment to private markets remains strong, says Coller

Private Equity Wire

The vast majority of limited partners are expecting to either increase or maintain their allocations to private markets investments over the next year, according to Coller Capital’s semi-annual Global Private Capital Barometer. The 40th edition of the barometer, which captured the views of 110 private capital investors from around the world who oversee a combined $2.1tn in assets, revealed that around one in three (31%) expect to increase their target allocation to alternative assets in th

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ChargePoint Stock: Buy, Sell, or Hold?

The Motley Fool

ChargePoint 's (NYSE: CHPT) stock hit a record high of $46.10 on Dec. 24, 2020. At the time, investors were dazzled by the electric vehicle (EV) charging network builder's explosive growth rates. But today, its shares trade at less than $2. ChargePoint's stock plummeted as the EV market cooled off, it faced more challengers, it racked up more losses, and rising interest rates compressed its valuation.

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Roaring Kitty’s favourite stock tends its cash hoard as sales dwindle

Financial Times M&A

GameStop has used social media popularity to stockpile money with no obvious use while its operations decline

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3 Cybersecurity Stocks You Can Buy and Hold for the Next Decade

The Motley Fool

Growth stocks can help increase the value of your investment portfolio to achieve a comfortable retirement. However, you should be discerning in picking the right stocks to own for the long term. Some companies may falter and fall by the wayside while others may see their growth fizzle out after a while. Because of these risks, it makes sense to look for stocks that are riding sustainable trends that can provide growth tailwinds for years or even decades.

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US regulators have vertical integration in their sights

Financial Times M&A

For years, enforcers focused mainly on horizontal deals, but now that is changing

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3 Reasons You Can't Rely on Social Security Alone, and What to Do Instead

The Motley Fool

There are millions of older Americans today who collect a monthly benefit from Social Security. And falling back on those benefits may be your plan in the context of retirement. Unfortunately, that plan isn't a great one if it doesn't involve outside savings on top of Social Security. Here's why retiring on Social Security alone could end up being a disaster.

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Redstone ends talks with Skydance over deal to control Paramount

Financial Times M&A

Decision to halt chaotic sale process has left future of storied Hollywood group hanging in the balance

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Grubhub Is Free With Amazon Prime. Should You Sign Up?

The Motley Fool

Image source: Getty Images Amazon rolled out a new perk to Prime subscribers. You get a free Grubhub+ membership, which lowers the cost of food delivery fees. Fun fact: I spend a large part of my budget on DoorDash and Amazon delivery. To say this news excites me is, um, an understatement. Fact is, I really want cheap food delivery. Immediately, I signed up for Grubhub through Amazon Prime.

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Mercer agrees to buy £50bn pension company Cardano

Financial Times M&A

Acquisition will boost Marsh McLennan subsidiary’s presence in growing UK workplace pension market

Companies 102
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Intel's Graphics Card Business Is Struggling, But That Could Change Soon

The Motley Fool

Intel (NASDAQ: INTC) entered the discrete graphics card market in late 2022 with a lineup of low-end and mid-range Arc graphics cards. While the hardware was capable, software issues plagued the launch and persisted for months. The company took shortcuts with its software drivers, which act as the bridge between the hardware and the operating system, leading to bugs and poor performance in some games.

Returns 246
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Blackstone completes Tropical Smoothie Cafe acquisition

Private Equity Wire

Blackstone has completed the acquisition of Tropical Smoothie Cafe, a franchisor of fast casual restaurants, from Levine Leichtman Capital Partners. The deal is the first for the most recent vintage of the firm’s flagship private equity vehicle. Blackstone’s investment in Tropical Smoothie Cafe is the most recent example of a number of leading franchisors the firm has partnered with to help propel growth, including Hilton Hotels and SERVPRO.

Capital 98
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Forget Nvidia: Billionaires Are Selling It and Buying This Top Artificial Intelligence (AI) Rival Hand Over Fist Instead

The Motley Fool

Over the last 30 years, Wall Street and investors have seen no shortage of next-big-thing investment trends come and go. But no promised high-growth trend has come anywhere close to matching what the advent of the internet did for corporate America -- that is, until now. According to the analysts at PwC, artificial intelligence (AI) is forecast to add $15.7 trillion to the global economy by 2030 through a combination of consumption-side effects and production improvements.

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FCP invests in EDGE Industrial Technologies

Private Equity Wire

Middle-market private equity firm Falfurrias Capital Partners has invested in EDGE Industrial Technologies, a producer of industrial machine knives, blades, punches and related equipment. EDGE’s brands include TGW International, Pearl Technologies and Leverwood Knife Works, encompassing packaging, food processing, converting, plastics and printing. EDGE was formed in 2018 by Blue Wolf Capital Partners through a merger of TGW International, TGW Global and Pearl Technologies.

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1 Stock-Split Stock to Buy Hand Over Fist in June and 1 to Avoid

The Motley Fool

Stock splits often create excitement and buzz among investors, but not all splits are alike. Some stock splits point to fantastic long-term growth stories and great investment opportunities, while others may be overvalued speculation stories that ultimately lead to disappointments. On that note, the June 2024 stock split calendar includes two household names, and I recommend buying one but not the other right now.

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TDR Capital takes control of Asda as Zuber Issa sells 22.5% stake

Private Equity Wire

Private equity firm TDR Capital is set to become the majority stakeholder in UK supermarket chain Asda, through the acquisition of a 22.5% stake in the business from Zuber Issa, co-founder of EG Group, which ups its holding to 67.5%. Mohsin Issa retains a 22.5% stake in Asda, while US retail giant and Walmart holds 10%. The move has drawn criticism from the GMB trade union which has expressed concerns over TDR Capital’s past actions, including cutting millions of working hours and increasi

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If You'd Invested $10,000 in Netflix Stock 12 Years Ago, Here's How Much You'd Have Today

The Motley Fool

Picture, if you will, the summer of 2012. Netflix (NASDAQ: NFLX) separated its digital streaming service from the DVD-by-mail business nine months earlier, and nobody liked the new Qwikster brand. The company was quick to kill Qwikster, but the business model was forever split into stand-alone DVD and streaming experiences. Many investors had written off the company as a total loss, calling Reed Hastings one of the worst CEOs of 2011.

Investing 245
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Caymus Equity exits HVACR specialist TriplePoint

Private Equity Wire

Atlanta-based private equity firm Caymus Equity Partners has sold portfolio company TriplePoint MEP, a provider of HVACR installations, maintenance, repair, design and consulting services, to New York-based private equity firm Stellex Capital Management. TriplePoint serves commercial clients across the midwest and southeast regions of the US. According to a press statement, under Caymus’s ownership, the company has grown to become one of the country’s top ten mechanical contractors.

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Billionaires Are Buying These 2 Ultra-High-Yield Dividend Stocks Hand Over Fist. Are They Smart Buys for Your Portfolio?

The Motley Fool

Billionaire investors generally don't necessarily need dividend income to make ends meet. They buy dividend-paying stocks because they know that companies committed to returning a portion of earnings to shareholders tend to outperform ones that don't. In the first three months of the year, billionaire hedge fund managers bought millions of shares of Pfizer (NYSE: PFE) and AT&T (NYSE: T).

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Coller Capital to launch new SICAV fund for private wealth investors with $400m seed capital

Private Equity Wire

Coller Capital, an independent investor dedicated exclusively to private market secondaries, has received regulatory approval to launch its first Luxembourg domiciled ‘SICAV’ fund, accessible to eligible private wealth investors outside of the US. The fund will be seeded with over $400m of capital from investors globally. The approval follows the recent news that Coller has opened a new office in Zurich led by Boris Maeder, Head of International Private Wealth Distribution, in expanding its priv

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Bull Market and Beyond: 3 Stocks Just Waiting to Soar

The Motley Fool

The S&P 500 rose to a record high earlier this year, confirming its presence in a bull market, and has continued to soar, reaching new highs in recent weeks. Technology stocks, especially those involved in the area of artificial intelligence (AI), have led the gains, but companies in other fields also have benefited from this market optimism -- especially those that have reported solid earnings in recent times.

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InTandem raises more than all its previous funds combined in $715m flagship raise

AltAssets

Healthcare-focused private equity house InTandem Partners has scored a huge jump in fund capital through that $715m final close of its new flagship fundraise - more than all of its three previous fundraises combined. The post InTandem raises more than all its previous funds combined in $715m flagship raise first appeared on AltAssets Private Equity News.

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1 Magnificent Dividend Stock Down 20% to Buy and Hold Forever

The Motley Fool

Agree Realty (NYSE: ADC) is a large net lease real estate investment trust (REIT) with a 4.9% dividend yield. For reference, that's well above the 1.3% you would get from the S&P 500 index and the 4.1% of the average REIT, using the Vanguard Real Estate Index ETF (NYSEMKT: VNQ) as an industry proxy. There is a good reason for Agree's high yield, but there's also a long-term growth story here with plenty of room to run.

Debt 244