The Motley Fool
JUNE 23, 2024
There is no hotter stock in the world than Nvidia (NASDAQ: NVDA) right now. The company's H100, A100, and new Blackwell semiconductor chips are widely regarded as superior to the competition. Considering Nvidia's impressive roster of graphics processing units (GPU), the company is undoubtedly enjoying the moment as generative AI applications take off.
A Wealth of Common Sense
JUNE 23, 2024
I posted the following on Twitter this week: It’s turning into another banner year for the U.S. stock market (so far). Here’s a good follow-up question on these numbers: This is a legitimate concern. Since 2020 the S&P 500 has compounded at more than 14% per year. That’s not just a pandemic phenomenon either. Since the start of 2009, the S&P 500 has seen returns of 14.5% per year.
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The Motley Fool
JUNE 23, 2024
For more than eight decades, Social Security has laid down a financial foundation for aging workers who could no longer provide for themselves. Based on an analysis from the Center on Budget and Policy Priorities, the program lifted 22.7 million people above the federal poverty line in 2022, including 16.5 million adults aged 65 and over. Yet, the interesting thing about America's top retirement program is that the average monthly payout tends to be fairly modest.
FinSMEs
JUNE 23, 2024
Honeywell (Nasdaq: HON), a Charlotte, NC-based integrated operating company, acquired CAES Systems Holdings, an Arlington, VA-based provider of radio frequency technologies, from private equity firm Advent International, for approximately $1.9 Billion in an all-cash transaction. This acquisition will enhance Honeywell’s defense technology solutions across land, sea, air and space, including new electromagnetic defense solutions for end-to-end radio frequency (RF) […] The post Honeywe
The Motley Fool
JUNE 23, 2024
The Nasdaq Composite , which tracks the stock performance of the more than 3,000 stocks listed on the exchange, hit a new all-time high (again) this week. This marks the 19th time this year the benchmark has ascended to new heights (as of this writing) and its longest winning streak since late 2021. There's likely much more to come, according to numerous sources on Wall Street.
Million Dollar Round Table (MDRT)
JUNE 23, 2024
By Elke Rubach, LL.M., CLU Sometimes during your career as a financial advisor, you may feel like you’re struggling, and working harder isn’t getting you anywhere but more frustrated and tired. When this happens, my advice is to take a day off, sit down and don’t think about anything. This is your time to disconnect and hit the reset button. This gives you space to think about what’s at the root of your challenges as well as to think back to why you wanted to be a financial advisor.
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FinSMEs
JUNE 23, 2024
Daydream, a USA-based AI-poered search and discovery shopping platform, raised $50M in Seed funding. The round was led by Forerunner Ventures and Index Ventures with participation from GV (Google Ventures) and True Ventures. The company intends to use the funds to further enhance its personalized shopping experience empowered by a search engine that offers a […] The post Daydream Raises $50M in Seed Funding appeared first on FinSMEs.
The Motley Fool
JUNE 23, 2024
Social Security benefits are generally the largest source of income for people aged 65 and older, according to the Social Security Administration. Therefore, the extent to which seniors understand the Social Security program can have a big impact on their living standards in retirement. Nationwide Retirement Institute recently reported that 44% of surveyed adults were unaware that, upon the death of a spouse, the bigger benefit would be inherited by the surviving spouse.
FinSMEs
JUNE 23, 2024
Boston Scientific Corporation (NYSE: BSX), a Marlborough, MA-based medical technology company, acquired Silk Road Medical, Inc. (Nasdaq: SILK), a medical device company. The amount of the deal was not disclosed. Boston Scientific expects to complete the transaction in the second half of 2024, subject to customary closing conditions. Silk Road Medical is a medical device company that […] The post Boston Scientific Acquires Silk Road Medical appeared first on FinSMEs.
The Motley Fool
JUNE 23, 2024
Artificial intelligence (AI) is creating a substantial amount of value for investors right now. It helped catapult Nvidia from a market cap of around $360 billion to more than $3.3 trillion over the past 18 months alone, and it continues to propel shares of Microsoft and Amazon higher, as well as many others. But jumping onto the AI bandwagon isn't a silver bullet for organizations facing deeper challenges.
Africa Capital Digest
JUNE 23, 2024
To read this article, you must be a paid subscription member. (Current members login here) [.] The post Equator VC leads investors backing Downforce Technologies first appeared on Africa Capital Digest.
The Motley Fool
JUNE 23, 2024
Social Security is a lifeline for millions of older adults, often making the difference between a comfortable retirement and struggling to make ends meet. In fact, a whopping 88% of baby boomers expect to rely on Social Security in retirement, according to a 2023 report from the Transamerica Center for Retirement Studies, with over 40% of boomers saying their benefits will be their primary source of income.
Africa Capital Digest
JUNE 23, 2024
To read this article, you must be a paid subscription member. (Current members login here) [.] The post Phatisa and Finnfund sell stakes in palm oil producer first appeared on Africa Capital Digest.
The Motley Fool
JUNE 23, 2024
For many individual investors, the best way to build wealth over the long run is with one or more simple, low-fee index funds , which can be all we need to build secure financial futures. Index funds require little brain power from us and little attention. Keep adding money to the funds over many years, and they should grow well for you, delivering roughly the same returns as the indexes they track.
Africa Capital Digest
JUNE 23, 2024
To read this article, you must be a paid subscription member. (Current members login here) [.] The post Breega launches first dedicated Africa venture fund first appeared on Africa Capital Digest.
The Motley Fool
JUNE 23, 2024
In the non-investing world, PayPal Holdings (NASDAQ: PYPL) is still the king of its castle. It has an incredibly strong brand and processed over $400 billion in total payment volume in just the latest quarter alone. It's an option for payment nearly everywhere online you're shopping, and you can now do many more things beyond peer-to-peer payments on its personal finance app.
Africa Capital Digest
JUNE 23, 2024
To read this article, you must be a paid subscription member. (Current members login here) [.] The post IFC, Proparco, and RMB provide WIOCC Group with financing package first appeared on Africa Capital Digest.
The Motley Fool
JUNE 23, 2024
Super Micro Computer (NASDAQ: SMCI) and Nvidia (NASDAQ: NVDA) are two of the market's hottest artificial intelligence (AI) stocks. Super Micro Computer, more commonly known as Supermicro, is a leading producer of dedicated AI servers. Nvidia is the world's largest producer of data center GPUs for processing AI tasks. In 2023, Supermicro's stock rallied 246% as Nvidia's stock rose 239%.
Africa Capital Digest
JUNE 23, 2024
To read this article, you must be a paid subscription member. (Current members login here) [.] The post Congolese Logistics Startup Noki Noki Secures Seed Funding first appeared on Africa Capital Digest.
The Motley Fool
JUNE 23, 2024
Although Microsoft (NASDAQ: MSFT) held the title for a few months, Apple (NASDAQ: AAPL) briefly regained its crown as the world's largest company by market cap this month. But then this week, Nvidia (NASDAQ: NVDA) passed it for the first time. As of Thursday, the Windows maker was back in first place again, but with all three companies holding market caps of around $3.2 trillion, in the near term, their rankings within the top three could shift often.
Financial Times M&A
JUNE 23, 2024
State-backed green energy group to ‘pump more capital’ into region after buying Greece’s biggest renewables company
The Motley Fool
JUNE 23, 2024
When it comes to dividend stocks, Coca-Cola is a model of consistency, having raised its dividend for 62 consecutive years. Coke's track record for dividend raises, 3.1% yield, and recession-resistant business model make it one of the safest passive income plays out there. But there may be an even better Dividend King to buy now. Target (NYSE: TGT) has staged quite a comeback since collapsing to a three-year low in early October 2023.
KKR
JUNE 23, 2024
- New funding supports product development and enhances connectivity across the insurance value chain, accelerating Vitesse’s mission to revolutionize global payments and treasury management - Appointment of Curt Hess as US Executive President solidifies Vitesse’s commitment to the US market LONDON--(BUSINESS WIRE)-- Vitesse, a leading treasury and payment solutions provider for the insurance.
The Motley Fool
JUNE 23, 2024
Burrito chain Chipotle Mexican Grill (NYSE: CMG) and Mediterranean concept Cava Group (NYSE: CAVA) are undeniably stock market darlings in the restaurant industry. Over the past year, Chipotle's shares are up 70%, and Cava's are up by a whopping 150%. Investors are simply enthused with what they see. There's good reason for that enthusiasm. Their businesses are both doing remarkably well, and investors can measure the success from multiple angles.
KKR
JUNE 23, 2024
Transaction marks KKR’s first Global Impact investment in the Philippines MAKATI, Philippines--(BUSINESS WIRE)-- KKR, a leading global investment firm, and PHINMA Education Holdings, Inc. (‘PHINMA Education’ or the ‘Company’), a leading private higher education group and the education arm of Filipino conglomerate PHINMA Corporation, today announced the signing of definitive agreements under.
The Motley Fool
JUNE 23, 2024
Retirees don't have much longer to wait to find out how much larger their Social Security checks will be next year. The Social Security Administration will announce the 2025 cost-of-living adjustment (COLA) in mid-October. However, monthly inflation data can give a sneak peek at what's likely on the way. Based on the latest numbers, I think retirees should brace themselves for bad news.
KKR
JUNE 23, 2024
NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (“KKR”) (NYSE: KKR) today announced that it has priced an offering of ¥44,600,000,000 aggregate principal amount of its 1.559% Senior Notes due 2029 (the “2029 notes”), ¥1,000,000,000 aggregate principal amount of its 1.762% Senior Notes due 2031 (the “2031 notes”), ¥26,200,000,000 aggregate principal amount of its 2.083% Senior Notes due 2034 (the.
The Motley Fool
JUNE 23, 2024
The S&P 500 has reached records this year, but it's somewhat misleading. It's a market-value-weighted index, and much of its gains come from a few stocks with high market caps like Nvidia , which is up about 150% this year, and Meta Platforms , which is up about 40%. Many other stocks are feeling pressure from inflation and high interest rates. Bill Holdings (NYSE: BILL) stock is down about 42% year to date, but Wall Street sees it heading 73% higher.
KKR
JUNE 23, 2024
NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the Morgan Stanley US Financials, Payments & CRE Conference 2024 on Monday, June 10, 2024 at 9:30 AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For those.
The Motley Fool
JUNE 23, 2024
Parents spend many years reviewing their children's report cards. A recent study essentially turned the tables on that, with young adults reviewing their parents' performances, particularly in regard to financial matters. The findings weren't good: Gen Z (people between ages 12 and 27) is the least financially confident generation, and a third of them say their parents didn't set a good example for them.
KKR
JUNE 23, 2024
Existing investor FTV Capital to invest additional capital in the Company NEW YORK & REDWOOD CITY, Calif.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”).
The Motley Fool
JUNE 23, 2024
Image source: Getty Images Starting a business can seem like an overwhelming and costly endeavor, but it doesn't have to be. With a bit of creativity and minimal investment, you can launch a small business venture that brings in significant profits. Here are five low-cost, high-profit business ideas you can start today. 1. Online tutoring With the rise of remote learning, online tutoring has become an incredibly lucrative business opportunity.
KKR
JUNE 23, 2024
HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Inc. (“Emera”) (TSX:EMA) today announced the previously announced transaction where KKR would acquire Emera’s indirect minority equity interest in the Labrador Island Link (LIL), has closed effective today.
The Motley Fool
JUNE 23, 2024
First, let's address the elephant in the room: It's highly unlikely that investors, least of all me, are going to forget Nvidia. The company has forged a path years in the making and has become the gold standard for graphics processing units (GPUs) used to underpin artificial intelligence (AI). In fact, I am as bullish on the company and its future as I have ever been, and I continue to believe the company has a bright future.
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