Tue.May 28, 2024

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Prediction: This Will Be the Next Semiconductor Company to Join Nvidia in the Trillion-Dollar Club (Hint: It's Not AMD)

The Motley Fool

As it stands today, there are only seven companies in the world with market capitalizations in excess of $1 trillion. This exclusive club includes six of the " Magnificent Seven " -- Microsoft , Apple , Nvidia , Alphabet , Amazon , and Meta Platforms. Nvidia is the only pure-play semiconductor and data center services business with a trillion-dollar valuation right now.

Companies 246
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OpenSocial Protocol Raises $5M in Seed Funding

FinSMEs

OpenSocial Protocol, a Hong Kong-based composable infrastructure layer for building social applications, raised $5M in Seed funding. The round was led by Portal Ventures and SNZ Capital. Other investors included Animoca Brands, Awesome People Ventures, Arche Fund, Decima Fund, Moonrock Capital, OKX Ventures, Orange DAO, Panony, Summer Ventures, and web3 entrepreneurs including Smokey the Bera, Brian […] The post OpenSocial Protocol Raises $5M in Seed Funding appeared first on FinSMEs.

Funds 114
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Social Security's 2025 COLA Forecast Just Improved. Here's the Latest Estimate

The Motley Fool

October is always a big month for seniors on Social Security. The reason? It's the month when the Social Security Administration announces what cost-of-living adjustment, or COLA, recipients will be privy to in the coming year. In 2023, seniors on Social Security received a whopping 8.7% COLA -- the largest to arrive in decades. But this year's COLA was a relative disappointment at just 3.2%.

Banks 246
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Switchboard Raises $7.5M in Series A Funding

FinSMEs

Switchboard, a Miami, FL-based provider of a customizable oracle network that lets users plug into the on-chain economy, raised $7.5M in Series A funding. The round was led by Tribe Capital and RockawayX, with participation from Solana Foundation, Aptos Labs, Mysten Labs (Sui), Subzero Ventures, Starkware, Arche Capital, Breed VC, Ascensive Assets, and others.

Funds 113
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3 Brilliant Reasons to Buy Nvidia Stock Before Its Stock Split

The Motley Fool

Nvidia (NASDAQ: NVDA) last split its stock in 2021, a 4-for-1 split to reduce its $600 share price to around $150. Now, due to the company's success in the past few years, management has decided it needs another one. During its last earnings release, Nvidia announced a 10-for-1 stock split that will occur on June 10, reducing its $1,000 stock price to $100 per share.

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ConocoPhillips in advanced talks to buy Marathon Oil

Financial Times M&A

Deal would value Houston-based company at just over $15bn

Companies 111

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BHP calls for extension of Anglo American takeover talks

Financial Times M&A

World’s biggest miner seeks further negotiations on proposed £39bn deal

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A New Name in Weight Loss Drugs

The Motley Fool

In this podcast, Motley Fool analyst Asit Sharma and host Dylan Lewis discuss: Hims & Hers getting into the business of GLP-1 weight loss injections, and what the compounded market means for Novo Nordisk and Eli Lilly. Wix 's successful pivot to a free-cash-flow orientation, and how the AI wave is pushing the company forward. Gym stocks haven't worked out for most investors.

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Ducky Raises $2.7M in Pre-Seed Funding

FinSMEs

Ducky, a Nashville, TN-based provider of an AI-powered support platform, raised $2.7M in Pre-Seed funding. The round was led by Penny Jar Capital, with participation from Bread & Butter Ventures, NOMO Ventures, Wilson Sonsini, angel investors and others. The company intends to use the funds to expand operations and its development efforts. Founded by Hongbo Tian and James O’Brien, […] The post Ducky Raises $2.7M in Pre-Seed Funding appeared first on FinSMEs.

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Time to Pounce: 2 Ultra-High-Yield Dividend Stocks With 25-Year Payout Increase Streaks That Are Screaming Buys Right Now

The Motley Fool

Over the last century, Wall Street has been a virtually unstoppable wealth creator for patient investors. Although other asset classes have helped build nominal wealth, such as oil, gold, bonds, and housing, none comes close to the annualized average returns over the last 100 years that stocks have brought to the table. With thousands of publicly traded companies and exchange-traded funds to choose from, there's an investment strategy that fits the goals and risk tolerance of just about every in

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Chevron deal clears hurdle as Hess investors back $53bn takeover

Financial Times M&A

Acquisition remains subject to an FTC investigation and an arbitration process launched by Exxon

Investors 108
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2 Beaten-Down Dividend Stocks to Buy and Hold For 10 Years

The Motley Fool

Equities never follow a flawless, unimpeded upward path. Sometimes, even the strongest companies will encounter issues that will sink their stock prices. That's OK. The key to earning great returns over five years or more is sticking with those longtime winners, even when they aren't exactly winning. Doing so will be worth it in the end. Let's look at two stocks that haven't been able to keep up with the rising stock market over the past few years: CVS Health (NYSE: CVS) and Gilead Sciences (NAS

Returns 246
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ABN Amro agrees €672mn deal with China’s Fosun for German private bank

Financial Times M&A

Dutch lender acquires Hauck Aufhäuser Lampe in move to expand its wealth management business

Banks 104
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1 Unstoppable Stock That Could Join Nvidia, Microsoft, Apple, Amazon, Alphabet, and Meta in the $1 Trillion Club

The Motley Fool

The U.S. stock market has demonstrated remarkable resilience and growth over the past decade despite multiple economic challenges and geopolitical pressures. This environment has helped pave the way for high-growth companies such as Nvidia , Apple , Amazon , Alphabet , Meta Platforms , and Microsoft to reach the coveted trillion-dollar market capitalization.

Capital 246
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ExxonMobil’s scorched earth lawfare is tempting fate

Financial Times: Moral Money

Taking Arjuna Capital to court has prompted an even bigger shareholder revolt

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Walgreens Boots Stock Just Hit Its Lowest Level Since 1998. Time to Buy the Dip or Stay Away?

The Motley Fool

It's been an ugly past year for Walgreens Boots Alliance (NASDAQ: WBA) stock, which is down over 45% in that span. It's been a tough decade, in fact, with the stock plunging over 75% over the past 10 years. With the stock now trading where it was in 1998, let's look what has gone wrong for the company and whether investors should consider picking up shares in the stock at these levels.

Debt 246
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Compass Sells Gas Meter Distributor to Tinicum

Private Equity Professional

Tinicum has acquired a controlling interest in KGM from Compass Group Equity Partners. KGM is a distributor of natural gas products including gas meters, instruments, regulators, valves, and related equipment and parts to utilities and commercial and industrial customers. In addition to its product offerings, KGM also provides a range of services including technical support,… This content is for members only.

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Can You Take Social Security While You're Still Working? Yes, But There's a Big Catch.

The Motley Fool

Social Security can go a long way in retirement, but many seniors may struggle financially even with the help of their benefits. According to Vanguard's 2023 How America Saves report, the median 401(k) balance among Vanguard account holders age 65 and older is just $70,620. Furthermore, the average retired worker collects just over $1,900 per month from Social Security, as of April 2024.

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Blue Point Stays Home with Buy of National Safety Apparel

Private Equity Professional

Blue Point Capital Partners has acquired National Safety Apparel, a manufacturer of branded personal protective equipment. National Safety Apparel (NSA) is a provider of flame-resistant clothing (FRC), electrical personal protective equipment (PPE) and thermal and industrial PPE, workwear, and uniforms. The majority of NSA’s branded products including DRIFIRE, Enespro, and Wild Things are made in… This content is for members only.

Capital 100
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These 2 Perks Alone Could Make a Costco Membership Worth It for Seniors

The Motley Fool

Image source: Getty Images Retirees often have to be careful with their money. After all, they don't have a paycheck coming in any more and they often need to make their savings last. If you're out of the workforce and considering spending some of your limited cash on a Costco membership, it's worth it to think about whether the fees to join are justified.

Financing 246
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L Squared Closes Big Exit with Sale of Raptor Scientific

Private Equity Professional

Publicly traded TransDigm Group has agreed to acquire Raptor Scientific from L Squared Capital Partners for approximately $655 million in cash. Raptor Scientific was founded in September 2019 by L Squared to invest in the highly fragmented aerospace-focused testing and measurement systems market. At that time, L Squared backed the effort with a $60 million… This content is for members only.

Capital 100
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Meet Wall Street's Newest Stock-Split Stock -- a Company on the Cutting Edge of the Hottest Innovation

The Motley Fool

Though Wall Street is firmly entrenched in a bull market right now, it's been nothing short of a wild ride for investors since this decade began. The Dow Jones Industrial Average , S&P 500 , and Nasdaq Composite were whipsawed between bear and bull markets in successive years from 2020 through 2023. When uncertainty is a prevailing theme on Wall Street, it's not uncommon for investors of all walks to seek out the safety of industry-leading businesses that have handily outperformed the major

Companies 246
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Eir Closes Oversubscribed Fund II

Private Equity Professional

Eir Partners Capital has held a final oversubscribed closing of Eir Partners Investment Program II LP with $496 million in capital commitments. Limited partners in Fund II, which was raised in just four months, includes financial institutions, insurance companies, family offices, funds-of-funds, endowments and foundations, and industry executives. “We are thrilled to receive support from… This content is for members only.

Funds 100
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What's Going On With Nvidia Stock?

The Motley Fool

Fool.com contributor Parkev Tatevosian conducts a qualitative analysis of Nvidia (NASDAQ: NVDA) stock. *Stock prices used were the afternoon prices of May 24, 2024. The video was published on May 26, 2024. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nvidia wasn’t one of them.

Returns 246
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Ex-Pioneer CEO rejects US regulator’s claim of Opec collusion

Financial Times M&A

Scott Sheffield slams ‘personal attack’ after he was barred from Exxon’s board after merger with his former group

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3 Surprising Things About Costco's Kirkland Products

The Motley Fool

Image source: Upsplash/The Motley Fool If you're new to shopping at Costco , you may find yourself wondering why you keep seeing the Kirkland label on so many products. Kirkland is Costco's signature brand, and buying the Kirkland version of whatever it is you're getting will often mean getting to spend less. If you're a seasoned Costco shopper, you may be familiar with a host of Kirkland products.

Returns 245
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Bregal Unternehmerkapital closes oversubscribed Fund IV at €2.65bn

Private Equity Wire

Munich-based private equity firm Bregal Unternehmerkapital has held the closing of its fourth fund, Bregal Unternehmerkapital IV with total capital commitments of €2.65bn. Fund IV, which was significantly oversubscribed and successfully closed at its hard cap, secured strong investor support from existing clients as well as over 30 new investors, according to a press statement.

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Prediction: Bitcoin Will Reach $80,000 in 2024

The Motley Fool

I know, I know. You probably expected me to set a higher target price for Bitcoin (CRYPTO: BTC). Everybody else is doing it, after all. Fundstrat Global Advisors partner Tom Lee sees $150,000 per coin as a "base case" in 2024. Analysts from British money center bank Standard Chartered recently agreed with Fundstrat's $150,000 prediction , and said they expect another step up to $250,000 next year.

Banks 242
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European VC firm Rialto comes out of stealth with $100m-targeting debut fundraise

AltAssets

Rialto, a European venture capital firm formed by a pair of tech industry veterans, has emerged from stealth to announce a $100m-targeting debut fundraise. The post European VC firm Rialto comes out of stealth with $100m-targeting debut fundraise first appeared on AltAssets Private Equity News.

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1 Favorable Trend Explains the 1,600% Rise in Nvidia's Stock Price

The Motley Fool

Nvidia 's (NASDAQ: NVDA) shares are on fire -- but this isn't a short-term phenomenon. The chip designer's stock has been on the rise for a few years. It took off in 2020, and since that time, it's soared more than 1,600%. Investors have piled into the stock on optimism about the company's position in artificial intelligence (AI), a market forecast to grow in the double digits to more than $1 trillion by the end of the decade.

Returns 242
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ImpactA Global adds two distribution heads

Private Equity Wire

Infrastructure debt specialist ImpactA Global has appointed Clodagh Bourke as Head of Fundraising and Lindsey Bass as Head of Marketing and Strategic Partnerships. Bourke most recently served as Head of Product Management at private markets specialist Aptimus Capital Partners. Her background is in fundraising for private markets vehicles with a focus on emerging markets strategies, according to a press statement, including nearly 10 years at Development Partners International.

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Is It Possible to Retire on Social Security Alone in 2024?

The Motley Fool

If you don't anticipate having a ton of retirement savings, or simply want to know if you really need to save aggressively for your retirement, the question of "Can I live on Social Security alone?" is a perfectly valid one to ask. The average retired worker gets $1,915 per month, and this may or may not sound like enough to you. The short answer is that you'll always be in better financial shape with a significant retirement nest egg, but in some cases it could be possible to make ends meet on

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Morrison appoints Executive Director, Investor Solutions

Private Equity Wire

Specialist global infrastructure investment firm Morrison has added Christina Eriksson as Executive Director, Investor Solutions to its listed infrastructure team. Eriksson will lead the team’s business development activities across Europe. Eriksson is based in London and reports to Mark Flesher in Morrison’s investor solutions team. Eriksson most recently served as VP, Business Development – Europe, Partner at Mondrian Investment Partners, an investment manager focused on European mark

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Is Matterport a Worthy Merger Arbitrage Play?

The Motley Fool

CoStar Group (NASDAQ: CSGP) , the parent company of Apartments.com and Homes.com, announced its intention to acquire Matterport (NASDAQ: MTTR) , a virtual tour software platform, for an enterprise value of $1.6 billion. CoStar management believes the deal will go through before the end of 2024, but it still needs to pass shareholder and regulatory hurdles.