Thu.Jun 13, 2024

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2 Vanguard Funds Perfectly Positioned for the AI Revolution

The Motley Fool

The world stands on the precipice of an artificial intelligence (AI) revolution that promises to reshape the global economy and redefine the boundaries of innovation. While AI has recently taken center stage in the investing world, the true potential of this transformative technology has yet to be fully unleashed. In the coming years, AI is poised to catalyze a wave of game-changing advancements across industries, opening up entirely new markets and fundamentally altering the human experience.

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The Two Types of Money People

A Wealth of Common Sense

A reader asks: I consider myself a good conservative money manager for my personal finances but recently I have been looking for a nice house that I can enjoy for years to come. I am 56 and an early retiree. I just sold my condo and now have a total of $3.6 million mostly invested in broad market ETFs except for the $450k in cash set aside for a new house.

Financing 137
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Don't Chase Social Security's Maximum Benefit. Do This to Retire a Millionaire Instead

The Motley Fool

The maximum monthly benefit Social Security recipients can collect in 2024 is $4,873. But don't kid yourself -- most seniors receive a lot less money than that each month. The average retired worker, in fact, was getting just $1,915 a month as of April. You may be eager to do what you can to chase the maximum monthly Social Security benefit. But rather than spin your wheels in that regard, you may be much better off focusing on building a solid retirement nest egg.

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Zeta Labs Raises $2.9M Pre-Seed Funding

FinSMEs

Zeta Labs, a San Francisco, Ca-based AI research and product company, raised $2.9M in Pre-Seed funding. The round was led by Daniel Gross, former head of AI at Y Combinator, and Nat Friedman, former Github CEO, with participation from Earlybird VC and Kaya VC as well as AI Grant, Shawn (swyx) Wang, Bartek Pucek and Mati Staniszewski, founder of […] The post Zeta Labs Raises $2.9M Pre-Seed Funding appeared first on FinSMEs.

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Is Social Security Running Out of Money? 3 Things to Know Right Now.

The Motley Fool

Social Security is a lifeline for millions of older adults, but it's no secret that the program is struggling. Forty-three percent of U.S. adults worry about Social Security "a great deal," according to a 2024 Gallup poll, and a whopping 47% of nonretired workers believe the program won't be able to pay them a benefit once they retire. The good news is that Social Security isn't going away, but the not-so-good news is that benefit cuts could be on the horizon.

Taxes 246
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Private equity gets carried away in the UK

Financial Times M&A

Plus, how David Ellison’s bid for Paramount collapsed and the steep geopolitical battle to buy a US ammunitions maker

Bidding 125

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Debunking QSR Minimum Wage BS: A Follow Up

The Big Picture

@TBPInvictus here A few days ago, Barry and I detailed how unscrupulous bad actors had taken Not Seasonally Adjusted data to falsely claim that California’s new $20/hour minimum wage had cost the state almost 10,000 quick-serve restaurant (QSR) jobs. I wrote: It appears to me that the Journal got that number from BLS. However, BLS only offers the series without seasonal adjustment; this makes a very meaningful difference.

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Prediction: Artificial Intelligence (AI) Leader Nvidia Is Going to Plunge by More Than 50%

The Motley Fool

Three decades ago, the growth arc for the U.S. and global economy was changed forever by the advent of the internet. Though there have been numerous next-big-thing trends and highly touted innovations that have attempted to follow in its footsteps, none have come close to matching what the internet did for businesses -- until now. The rise of artificial intelligence (AI) is viewed by some pundits as the most important step forward in innovation since the internet became mainstream.

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YourSix Raises $10.5M in Series A Funding

FinSMEs

YourSix, a St. Paul, MN-based company which specializes in cloud physical security solutions, raised $10.5M in Series A funding. The round was led by Vocap Partners and joined by Eastside Partners. The company intends to use the funds to support broader market penetration and accelerate its YourSixOS platform. Led by CEO Eric Styles, YourSix is […] The post YourSix Raises $10.5M in Series A Funding appeared first on FinSMEs.

Funds 115
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1 Unstoppable Stock That Could Join Nvidia, Microsoft, Apple, Amazon, Alphabet, and Meta in the $1 Trillion Club by 2030

The Motley Fool

The U.S. economy has a rich history of producing the world's most valuable enterprises. In 1901, United States Steel became the first company in the world to amass a $1 billion valuation. The 123 years since have been filled with more incredible milestones, including Apple becoming the first $1 trillion company in 2018. Apple now stands alongside Microsoft and Nvidia in the $3 trillion club.

Returns 246
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Mission Impossible: how talks to sell Paramount turned into a Titanic flop

Financial Times M&A

Early affinity between billionaire scions Shari Redstone and David Ellison devolved into stony silence as deal collapsed

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Retirees in These 10 States Risk Losing Some of Their Social Security Checks

The Motley Fool

Social Security plays a critical role in most seniors' retirement plans. For some, it's the only source of income they have, and they need to stretch those dollars as far as possible. How easy this is depends in part on where you live. Most states don't tax the Social Security checks of any of their residents, but there are 10 that have some tax laws regarding benefits on their books.

Taxes 246
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Mubadala battles to salvage investment in insurance start-up Wefox

Financial Times M&A

Investors split over options that range from deal with rival Ardonagh or putting together new rescue financing

Investing 101
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3 Places that Don't Take Discover Credit Cards

The Motley Fool

Image source: Getty Images Discover credit cards are accepted nationwide at around 99% of places that accept credit cards, according to Discover's website. But that wasn't always the case. In fact, not too long ago, it wasn't uncommon to encounter retailers, restaurants, and grocery stores that wouldn't take a Discover credit card, mainly because its processing fees were higher than competing issuers, like Mastercard and Visa.

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Admaius Capital Partners acquires The Particle Group

Private Equity Wire

Admaius Capital Partners, a Rwanda-based private equity firm investing across Africa, has acquired The Particle Group, a manufacturer of certified reference materials for the metals and mining industries. Admaius is investing alongside TPG’s senior management, led by chief executive Raksha Naidoo, via a transaction that will see the company leave parent Synerlytic Group Holdings, which is owned by private equity firm Infinite Partners.

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Forget Nvidia: 3 Artificial Intelligence (AI) Stocks to Buy Instead

The Motley Fool

There's no denying that technology titan Nvidia (NASDAQ: NVDA) has been many investors' favorite way of plugging into the artificial intelligence (AI) craze over the past 18 months. And rightfully so. Its processors form the backbone of most AI platforms. As is so often the case though, time and reality are catching up with Nvidia. Competitors are diligently working to close the market-share gap, and (because it's already so big) accelerated Nvidia's growth pace is set to slow.

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Sterling Group, Inflexion among $585m of new alternatives fund commitments from Wisconsin pension

AltAssets

The $148.8bn-managing State of Wisconsin Investment Board has revealed a string of new alternative asset fund commitments. The post Sterling Group, Inflexion among $585m of new alternatives fund commitments from Wisconsin pension first appeared on AltAssets Private Equity News.

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This Is the Average Social Security Benefit for Age 65

The Motley Fool

Since its ongoing monthly payments began in 1940, Social Security has been one of the United States' most essential social programs. For some of its roughly 53.5 million retiree recipients, Social Security is purely supplemental income, but for many, it's a vital source of retirement income that keeps their basic needs met. Regardless of the role that Social Security plays in your retirement finances, it's important to have an idea of how much you'll receive so you can begin planning your retire

Taxes 246
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UK real estate industry set for private equity cash injection

Private Equity Wire

UK real estate businesses believe private equity will be the main source of investment over the next 12 months, according to a recent survey by accounting firm RSM UK, with 42% of ranking PE ahead of high street banks (37%) and foreign investors (32%). In addition, 43% of all businesses surveyed by the audit, tax and consulting firm expect private rented sector and residential to see the most investment growth, followed by student housing at 24%, up from 19% last year.

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Berkshire Hathaway Stock: Buy, Sell, or Hold?

The Motley Fool

Berkshire Hathaway 's (NYSE: BRK.A) (NYSE: BRK.B) long-term performance is the envy of Wall Street. Since Warren Buffett took over as chief executive officer in 1965, the former textile manufacturer has grown into a massive conglomerate with ownership or investment in numerous companies. Over those 59-odd years, the stock has returned an average of 19.8% annually.

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KKR secures AUD500m private credit loan for Perpetual acquisition

Private Equity Wire

KKR & Co has secured a private credit loan of approximately AUD500m ($331m) from Blackstone and Goldman Sachs Asset Management to help finance its purchase of Perpetual’s corporate trust unit, according to a report by Bloomberg. The report cites unnamed sources familiar with the matter as revealing that the financing, which is structured as a covenant-lite unitranche deal, combines senior and junior debt without financial covenants and carries an interest margin in the mid-500 basis points r

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3 Ways to Save Money You Might Actually Find Fun

The Motley Fool

Image source: Getty Images Whenever my husband mentions that we've been spending extra and that it's time to buckle down and focus on adding to our savings account , I get a little grumpy. It's not that I'm bad at saving money. I'm actually pretty good at it. But I like to save money passively -- namely, by automating contributions to different accounts.

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Eurazeo invests in AI-driven customer service specialist Cognigy

Private Equity Wire

French private equity firm Eurazeo has made an investment in Cognigy, a provider of AI-driven customer services solutions, providing €50m in Series C funding to the Germany -based business from the Eurazeo Growth Fund IV. Cognigy has offices in Düsseldorf, Germany and San Francisco, USA. Its global client base includes Frontier Airlines, Bosch, Nestle, Toyota and TechStyle, according to a press statement.

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Where Will Home Depot Stock Be in 5 Years?

The Motley Fool

In the past five years, shares of Home Depot (NYSE: HD) produced a total return of 90%. This is a respectable gain. However, it lagged the 102% total return of the S&P 500. It doesn't help that Home Depot currently trades 20% below its peak price. Investors are probably wondering what the future holds. Where will this top retail stock be in five years?

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Preqin launches risk management solution for private markets

Private Equity Wire

Preqin, a specialist provider of alternative assets data, tools and insights, has launched Transaction Intelligence. It is available to clients through the firm’s flagship platform, Preqin Pro, or as a standalone product. Transaction Intelligence provides aggregated and anonymised transaction data at the deal and asset-level, combining customisable visualisation tools with aggregated and anonymised deal performance data and asset operational metrics.

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The Oracle of Omaha Meets AI: Is Berkshire Hathaway Prepared for Technological Disruption?

The Motley Fool

Warren Buffett, the legendary investor and CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , has built a reputation as a master of traditional value investing. His approach, which involves identifying undervalued companies with strong fundamentals and holding them for the long term, has proven successful for decades. However, as the world stands on the cusp of an artificial intelligence (AI) revolution, it's worth examining whether Berkshire Hathaway's stock portfolio is adequately prepare

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Battle of the Bots: Comparing and Ranking Nine AI Notetaker Solutions

XY Planning Network

Unless you’ve been living under a rock in a deep cave on an uninhabited island, you’ve witnessed AI revolutionizing industries, carving new landscapes everywhere it touches—in what feels like nanoseconds. Financial planning is no exception. In this article we’re going to focus on the opportunities AI offers advisors to streamline operations and reduce costs regarding note and record-keeping.

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1 Magnificent S&P 500 Dividend Stock Down 16% to Buy and Hold Forever

The Motley Fool

Are you on the hunt for a new "forever" dividend stock? If so, you've probably already stumbled across beverage behemoth Coca-Cola (NYSE: KO). The company's not only paid dividends like clockwork for decades now, but has also raised its annual dividend payout every year for the past 62 years. You could certainly do worse than plugging into this blue chip ticker while it's yielding just a tad over 3%.

Stakes 246
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InTandem Capital Partners closes Fund III at $715m

Private Equity Wire

InTandem Capital Partners, a middle-market private equity firm focused on healthcare services, has held the final closing of InTandem Capital Partners Fund III, at $715m, above its original target of $650m. Consistent with its predecessor funds, Fund III will continue the firm’s well-established strategy of making control investments in North American payor, provider, and pharmaceutical services businesses.

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Why Microsoft Is the Big Loser in Apple Intelligence

The Motley Fool

Apple (NASDAQ: AAPL) is finally in the artificial intelligence business, with its own tools launching on-device and a partnership with OpenAI. What's most interesting is who is bearing the cost of Apple's AI integrations, and the name may surprise you. Travis Hoium covers the potential financial impact of Apple Intelligence in this video. *Stock prices used were end-of-day prices of June 11, 2024.

Returns 246
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Dan Davies: ‘finance is a tool of control’

Financial Times: Moral Money

How the market blocks accountability

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3 Dividend ETFs to Buy With $10,000 and Hold Forever

The Motley Fool

There are very few investments in the world that are perfect unto themselves. Most can benefit from being paired with others. That's particularly true in the exchange-traded fund (ETF) universe, where many of these pooled investment products are designed to offer niche exposures. That's even true with dividend ETFs like the SPDR Portfolio S&P 500 High Dividend ETF (NYSEMKT: SPYD) , the Schwab U.S.

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Eurazeo continues Asia expansion, hires SVP’s Hu to lead newly-launched Tokyo office

AltAssets

European investment giant Eurazeo has opened a Tokyo office as part of a drive to expand both its LP relationships and dealmaking in the Asian markets. The post Eurazeo continues Asia expansion, hires SVP’s Hu to lead newly-launched Tokyo office first appeared on AltAssets Private Equity News.

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Where Will Boeing Be in 3 Years?

The Motley Fool

Investors will be forgiven for wondering whether the question should be where Boeing (NYSE: BA) will be in the next three months, let alone three years. It's already been a highly eventful year for the company, raising more questions about its midterm guidance. Here's how to consider investing in Boeing over the next few years. Where will Boeing be in 2026?

Debt 246