Sat.Jun 22, 2024

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5 Reasons to Seriously Consider Using a Living Trust to Pass an Inheritance to Your Family

The Motley Fool

The phrase "trust fund" might conjure images of a spoiled teenager, but trusts are powerful legal documents that many people should consider when estate planning. Some families' financial circumstances mean that wills or the probate process are insufficient for their needs. Consider these five features that could make a living trust an important part of your financial plan. 1.

Legal 246
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Queen’s Catalog: $1 Billion Dollars…

The Big Picture

“ THEY ARE THE CHAMPIONS : Word has it that Sony Music has prevailed in the contest for Queen’s [link] recording and publishing rights and their attendant revenue—including that from the Disney deal—for which House Stringer and Platt has reportedly tendered the winning offer of a cool 1 billion pounds sterling. Disney, which owns the recording rights in North America thanks to the 1990 deal that cost the Mouse $10m, has hitherto paid a handsome royalty to Queen; that will go to Sony under

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Social Security's 2025 Cost-of-Living Adjustment (COLA) Is on Track to Do Something That Hasn't Happened in 28 Years

The Motley Fool

In May, 51 million retired-worker beneficiaries t ook home an average Social Security check totaling $1,916.63 , which works out to $23,000 on an annualized basis. While this might not sound like a game-changing amount of money, the average retiree would struggle mightily without their guaranteed monthly benefit. Over the last 23 years, national pollster Gallup has surveyed retirees to gauge their reliance on Social Security income.

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Toyoda Gosei Invests in Synspective

FinSMEs

Synspective Inc., a Tokyo, Japan-based startup that develops and operates small SAR satellites and provides solutions based on satellite data analysis, received an investment from Tojoda Gosei. The amount of the deal was not disclosed. The company intends to use the funds to expand operations and its development efforts. Led by CEO Motoyuki Arai, Synspective was […] The post Toyoda Gosei Invests in Synspective appeared first on FinSMEs.

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You Won't Believe How Much the Pentagon Is Paying This Billionaire's Space Company

The Motley Fool

Elon Musk's Starshield business is taking off like a rocket. Not to be confused with Starlink (SpaceX's satellite internet system for civilian applications), Starshield is a militarized offshoot of the famous satellite network. It's designed to provide the military and government with "high-assurance cryptographic capability" and Earth observation services (spy satellites) as well as carry unspecified "hosted payloads.

Companies 246
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BillionToOne Raises $130M in Series D Funding

FinSMEs

BillionToOne, a Menlo Park, CA-based precision diagnostics company, raised $130M in Series D funding at an over $1B+ valuation. The round was led by Premji Invest, with participation by another incoming investor, Neuberger Berman, as well as by existing investors, including Adam Street Partners, Baillie Gifford, Hummingbird Ventures, Civilization Ventures, Libertus Capital, and Fifty Years. […] The post BillionToOne Raises $130M in Series D Funding appeared first on FinSMEs.

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Verituity Raises $18.8M in Funding

FinSMEs

Verituity, a Mclean, VA-based provider of verified payouts solutions, raised $18.8M in funding. The round was led by Sandbox Industries and Forgepoint Capital with participation from Ardent Venture Partners and MTech Capital. Chris Zock, Managing Partner and Co-CEO of Sandbox Industries, will join Verituity’s board of directors. The company intends to use the funds to […] The post Verituity Raises $18.8M in Funding appeared first on FinSMEs.

Funds 59
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3 Reasons to Buy Nvidia Stock Before June 26

The Motley Fool

Artificial intelligence (AI) is a truly revolutionary technology that has captured the imagination of investors like few things before. This is a double-edged sword, even if the tech really is here to stay. If we learned anything from 2000, it's that too much hype around new technology without the economics to back up sky-high valuations is dangerous territory to be in.

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QpiAI Raises $6.5M in Pre-Series A Funding

FinSMEs

QpiAI, a Bangalore, India-based company which specializes in quantum computing and generative AI, raised $6.5M in Pre-Series A funding. The round was led by Yournest and SVCL. WFC, Ramesh Radhakrishnan, Ramaswamy Prabhakar, Kailash Katkar, Sanjay Katkar, Lakshmeenarayanan, Bhupinder Singh, Pratap Reddy, and Sahasra capital also participated. Debraj Banerjee from SIDBI ventures will be joining the board […] The post QpiAI Raises $6.5M in Pre-Series A Funding appeared first on FinSMEs.

Funds 59
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Got $1,000? This High-Yield Dividend Stock Is Such a Screaming Buy Right Now

The Motley Fool

Brookfield Infrastructure (NYSE: BIPC) (NYSE: BIP) has been an incredible wealth creator over the years. The global-infrastructure giant has delivered a nearly 14% annualized total return since its formation in 2008. The company has grown its funds from operations (FFO) per share at a 15% compound annual rate during the period while increasing its high-yielding dividend at a 9% compound annual rate.

Stakes 246
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GIST Impact Receives Investment From UBS Next

FinSMEs

GIST Impact, a Zurich, Switzerland-based provider of impact data and analytics, received an investment from UBS Next, the universal Swiss bank’s venture and innovation unit. The amount of the deal was not disclosed. The company intends to use the funds to support the further expansion of its product integrations with partners and development of proprietary […] The post GIST Impact Receives Investment From UBS Next appeared first on FinSMEs.

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Have $100,000? Here Are 3 Ways to Grow That Money Into $1 Million for Retirement Savings

The Motley Fool

Financial goals can vary widely from person to person. Some people simply want financial security, while others have more lofty goals like a beachside mansion. Neither is inherently better or worse than the other. What matters is that you set financial goals that are in line with your needs and values. That said, the $1 million mark has long been considered a huge milestone on the way to financial freedom in retirement.

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Revolutionising the Market: PXBT’s Launching Next-Gen Forex and CFD Trading Platform

FinSMEs

PXBT is completely flipping the script on what customers expect from a broker. With its highly anticipated platform launch on the horizon and integration of cutting-edge MetaTrader 5 (MT5), it is positioning itself to be the go-to for all traders, whether novice or advanced. It’s an ambitious undertaking. As lofty as that goal is, the […] The post Revolutionising the Market: PXBT’s Launching Next-Gen Forex and CFD Trading Platform appeared first on FinSMEs.

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3 Dividend Stocks That Could Help Set You Up for Life

The Motley Fool

Holding a portfolio of quality dividend stocks that deposit cash in your account makes the occasional market dip much easier to tolerate. Three Motley Fool contributors recently selected three solid companies with long records of paying regular dividends to shareholders. Here's why Philip Morris International (NYSE: PM) , Williams-Sonoma (NYSE: WSM) , and Realty Income (NYSE: O) could set up you for years with passive income.

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How Much Web Traffic Does Bot Activity Account for?

FinSMEs

Web activity is becoming increasingly impossible to ignore – how much of it is bot activity? These are automated software applications that engage in the same repeated actions across a network, and there are good and bad bots. Keep reading for more information. Overall Magnitude Recent research shows that bots account for a significant portion […] The post How Much Web Traffic Does Bot Activity Account for?

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Think Nvidia Stock Is a Bubble? Buy These 2 AI Stocks Instead

The Motley Fool

Artificial intelligence (AI) phenomenon Nvidia (NASDAQ: NVDA) recently overtook Microsoft to become the most-valuable company in the world. Valued at more than $3 trillion, Nvidia has delivered incredible gains for investors as sales of its AI chips exploded. Despite Nvidia's success, there's a distinct possibility that the stock has reached full-blown bubble territory.

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Vitesse Secures $93M in Series C Funding Led by KKR, Appoints Curt Hess as US Executive President

KKR

- 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.

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Is It Too Late to Buy Berkshire Hathaway Stock?

The Motley Fool

Shares of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) have risen over 990% since the turn of the century. That trounces the total return, which assumes dividend reinvestment, of the S&P 500 index, which was 480% over the same span. After such a long and impressive streak of outperformance does it make any sense at all to buy Berkshire Hathaway stock?

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KKR Invests in Leading Filipino Higher Education Group PHINMA Education

KKR

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.

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Here's What the Average Worker's Social Security Benefit Could Be in 2035

The Motley Fool

2035 is an important year for Social Security. Right now, that's when the Social Security Administration believes the program's trust funds will be depleted. Without government intervention, that could lead to 17% benefit cuts -- a devastating blow to the millions of Americans who depend on it. Because of this, it's natural that people wonder how far their Social Security benefits will go in 2035.

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KKR prices ¥91,400,000,000 of senior notes

KKR

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.

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Billionaire David Tepper Goes Bargain Hunting: 6 Stocks He Just Bought

The Motley Fool

One of the best ways to understand what the "smart money" on Wall Street is thinking is by combing through quarterly 13F filings. Large hedge funds must file a 13F every quarter, disclosing which stocks they are buying, holding, and selling. One of the best money managers of the past 30 years has been David Tepper of Appaloosa Management. Between 1993 and 2013, Tepper averaged a stunning 40% annualized return, and has had a roughly 23%-25% net historical return from 1993 until today.

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KKR to Present at the Morgan Stanley US Financials, Payments & CRE 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 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.

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These 3 EV Stocks Are Set to Soar in 2024 and Beyond

The Motley Fool

Many electric vehicle (EV) stocks skyrocketed amid the buying frenzy in meme and growth stocks in 2021. However, many of those stocks subsequently crumbled as rising interest rates highlighted their staggering losses and popped their bubbly valuations. The broader slowdown of the EV market exacerbated that pressure. But after that steep sell-off, some of those former highfliers look like contrarian plays.

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Labrador Island Link Welcomes New Investor

KKR

KKR to acquire Emera’s equity interest in critical clean energy transmission project.

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2 Artificial Intelligence (AI) Stocks I'd Buy Over Nvidia Right Now

The Motley Fool

Nvidia (NASDAQ: NVDA) is a great artificial intelligence (AI) stock. However, it has gotten a bit expensive from a valuation standpoint, which has some investors looking elsewhere for AI investments. I'm in that camp, but fortunately, plenty of AI companies are worth buying right now. Two that come to mind are Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Adobe (NASDAQ: ADBE).

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KKR to Acquire Majority Ownership in Agiloft

KKR

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”).

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3 Ways Social Security Could Change for the Better in 2025

The Motley Fool

There are certain aspects of life where change can be a negative thing. If your employer decides to do away with remote work and make everyone return to the office on a full-time basis, that's a change you may not rush to embrace. Similarly, if your doctor tells you to cut out fried foods and reduce your salt intake, you may very grudgingly accept that change to your diet.

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Emera Completes Transaction to Transfer Equity Interest in Labrador Island Link

KKR

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.

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The Smartest Dividend Stocks to Buy With $500 Right Now

The Motley Fool

As interest rates started to rise two years ago, investors soured on the real estate investment trust (REIT) sector. That isn't shocking, since REITs make use of debt to buy property. But the short-term pain of higher interest costs won't derail the long-term opportunity in the REIT sector, since property markets have historically adjusted to interest rate changes.

Bidding 246
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The Indo-Pacific Partnership for Prosperity, Global Infrastructure Partners and KKR Lead Creation of Coalition to Mobilize Infrastructure Investment in the Indo-Pacific Region

KKR

SINGAPORE – June 6, 2024 – Today the Indo-Pacific Partnership for Prosperity (IP3), Global Infrastructure Partners (GIP), and KKR announced the formation of a new coalition to catalyze infrastructure investment in the emerging market partner economies of the Indo-Pacific Economic Framework (IPEF). GIP and KKR will serve as co-chairs of the new initiative.

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Is Apple Stock Going to $240? 1 Wall Street Analyst Thinks So.

The Motley Fool

Apple (NASDAQ: AAPL) stock has finally joined the artificial intelligence (AI) race. Announcing a tie-up with OpenAI earlier this month, the iEverything giant said it will integrate ChatGPT artificial intelligence into future high-end models of its iPhones, iPads, and Mac computers. The stock is up roughly 9% already in response to the news, and according to wealth management firm Bernstein, Apple could be worth even more.

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Quick Quack Announces Strategic Investment by KKR

KKR

NEW YORK & ROSEVILLE, Calif.--(BUSINESS WIRE)-- KKR, a leading global investment firm and Quick Quack Car Wash (“Quick Quack” or the “Company”) today announced that investment funds managed by KKR have made a significant minority investment in the Company. This press release features multimedia. View the full release here: [link] Quick Quack’s.

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The Ultimate Growth Stock to Buy With $3,000 Right Now

The Motley Fool

MercadoLibre (NASDAQ: MELI) may not be a household name where you live. But that's probably only because you don't live where it operates. If you were a resident of South America, you most definitely would have heard of it. There's even a good chance you'd be a customer. After all, it's often referred to as the Amazon (NASDAQ: AMZN) of Latin America specifically because it's got such a ubiquitous, Amazon-like presence there.

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