Fri.May 24, 2024

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The Best Airlines for International Travel

The Motley Fool

Image source: Getty Images International travel is a must-have life experience for millions of Americans. Whether you're visiting another country for the first time or you're a veteran globetrotter, it feels good to get your passport stamped in a new place. But which airline should you choose for your next international trip? Let's look at a few popular U.S. airlines to see which ones fly to the most countries.

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The S&P 500 vs. the U.S. Economy

A Wealth of Common Sense

Here are some facts and figures about the S&P 500: According to Global Financial Data, the S&P only contained 90 stocks when it was created in 1928. It became the S&P 500 in 1957. At the time, the index was comprised of 425 industrial stocks, 60 utilities and 15 railroads. Financials and transportation stocks weren’t added until 1976.

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Why Vaccine Stocks Rallied This Week

The Motley Fool

Shares of vaccine stocks Moderna (NASDAQ: MRNA) , Novavax (NASDAQ: NVAX) , and BioNTech SE (NASDAQ: BNTX) rallied this week, appreciating 23.4%, 16.4%, and 9.3%, respectively, through Thursday trading, according to data from S&P Global Market Intelligence. While these three stocks gained notoriety back in 2020 during the COVID-19 pandemic, it appears this week's detection of avian bird flu in a second U.S. citizen and the first-ever detection of avian flu in a human in Australia are spurring

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Andrew Coyne Is Dead Wrong on CPP Investments' Active Management

Pension Pulse

Andrew Coyne laments in his latest opinion piece that eighteen years and $46-billion later, the CPP admits it could have earned more just by buying index funds: The Canada Pension Plan Fund had a bad year last year. You’d never know it to read the latest annual report from the fund’s managers, the CPP Investment Board, which spends much of its nearly 80,000 words boasting how, thanks to the herculean efforts of its employees and the sophisticated investment stratagems of its managers, it eked ou

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This Is What Happens When You Leave a Lot of Money in Your Savings Account

The Motley Fool

Image source: Getty Images Savings accounts are paying some of the highest interest rates in years, with some banks paying more than 5%. After sitting on the sidelines for far too long, I'm in the process of opening a high-yield savings account to take advantage of generous annual percentage yields (APYs). I'll put about $5,000 into the new account, which should earn me about $255 over the next year.

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JPMorgan targets private credit firm to boost $3.6tn asset management arm

Private Equity Wire

New York-based banking giant JPMorgan Chase & Co is actively seeking to acquire a private credit firm to strengthen its private capital operations within its $3.6tn asset management division, according to a report by Bloomberg. Earlier this year, JPMorgan engaged in talks to purchase Chicago-based Monroe Capital, but the negotiations did not result in a deal, according to Bloomberg’s sources.

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Private equity giant Hg to acquire risk platform AuditBoard for $3bn

Private Equity Wire

London-based private equity giant Hg has agreed to acquire AuditBoard, a cloud-based platform for audit, risk, compliance and ESG management, in a transaction valued at over $3bn including debt. The acquisition is being led by Hg’s San Francisco-based office, which opened in 2022. AuditBoard was founded in 2014 and serves more than 2,000 enterprises, including nearly 50% of the Fortune 500, according to a press statement.

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At a New All-Time High, Is It Too Late to Buy Nvidia Stock?

The Motley Fool

There's no denying that investing in Nvidia (NASDAQ: NVDA) stock has been a boon to long-term shareholders. The stock has gained nearly 23,000% since 2014, and its growth has recently accelerated. Shares are up 112% so far this year (as of this writing), nearly 10 times the gains of the S&P 500 , adding to its relentless run. Several catalysts have conspired to send the stock higher over the past decade.

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Australia’s HMC Capital acquires real estate fund manager Payton Capital for AUD127.5m

Private Equity Wire

Australian alternative asset manager HMC Capital has entered the private credit sector with an AUD127.5m acquisition of Melbourne-based real estate fund manager Payton Capital, according to a report by the Australian Financial Review. The deal, a combination of cash and stock, will be financed through a AUD100m institutional investor raise and a AUD30m share purchase plan, offering shares at $6.50 each.

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Southwest Flight Prices Are Now Displayed on Google Flights

The Motley Fool

Image source: Upsplash/The Motley Fool Many travelers use digital tools to save money on airfare. Google Flights is a popular tool for comparing airfare prices across multiple carriers. Until recently, Southwest flight data was excluded in pricing search results. But Southwest flight prices will now be displayed on Google Flights. This update could help you save money when booking flights for your next trip.

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US institutional investors embracing multi-asset credit strategies

Private Equity Wire

Institutional investors in the US are increasingly turning to multi-asset credit strategies to capture alpha amid rising market volatility, according to a report by Pensions & Investments. Gregory Calnon, Partner and Co-Head of Public Investing at Goldman Sachs Asset Management, said: “The theme that we’re seeing is an acceptance of blurred lines with respect to investment management agreements.

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1 No-Brainer Retirement Savings Move That You'll Thank Yourself for Later

The Motley Fool

The median retirement savings for American households has increased over the years, reaching $87,000 in 2022. However, that's still nowhere near the $1.46 million that Americans believe they need to retire comfortably, according to a Northwestern Mutual survey. If you want to beef up your retirement savings, there's one move you can make now that your future self will thank you for.

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Cadence Advisory adds PE partner

Private Equity Wire

Debt advisory firm Cadence Advisory has appointed Joe Wood as a partner to “support organic growth and enhance sponsor-backed transactions”. Prior to joining Cadence Advisory in February, Wood was a corporate finance analyst at Aurelius UK, where he helped source capital for new acquisitions and manage portfolio businesses across different sectors, completing £295m of debt transactions for UK-based companies, according to his LinkedIn profile.

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1 No-Brainer Artificial Intelligence (AI) Stock to Buy With $320 and Hold for 10 Years

The Motley Fool

A few months ago, cybersecurity giant Palo Alto Networks (NASDAQ: PANW) said it was observing a tenfold increase in email-based phishing attacks compared to last year. The reason? Generative artificial intelligence (AI) has accelerated the rate at which malicious actors can craft realistic content to trick employees into handing over sensitive information.

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Patient Square said to eye over $6bn for Fund II, just a year after hefty $3.9bn debut fund close

AltAssets

Patient Square Capital, the healthcare-focused private equity house launched by former KKR dealmaker Jim Momtazee, is reportedly backing in the market with a supersized second fund. The post Patient Square said to eye over $6bn for Fund II, just a year after hefty $3.9bn debut fund close first appeared on AltAssets Private Equity News.

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A Higher Social Security Benefit Is in Reach. Here's How to Get It.

The Motley Fool

One of the biggest Social Security myths you'll hear is that the program pays all recipients the exact same monthly benefit. In reality, the monthly payday you're entitled to in retirement will hinge on a variety of factors. And some of those may be things you can control. So if you're eager to score a higher Social Security benefit, do these three things. 1.

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Bigger funds increasingly dominating private markets, fund counts suffer serious drop

AltAssets

Smaller players in the private equity and venture capital markets are increasingly being squeezed out by bigger funds in terms of attracting LP capital, new data from PitchBook shows. The post Bigger funds increasingly dominating private markets, fund counts suffer serious drop first appeared on AltAssets Private Equity News.

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If You'd Invested $1,000 in Visa Stock 5 Years Ago, Here's How Much You'd Have Today

The Motley Fool

Visa 's (NYSE: V) performance is often directly correlated with the economy. That makes a lot of sense, since Visa is the largest credit card network in the world and powers trillions of dollars in global money moving. The common argument is that the economy is in growth mode more frequently than not, and therefore, Visa is growing more often than not.

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KPMG merges UK and Swiss firms to tap into wider market

Financial Times M&A

Tie-up is biggest strategic change at accounting and consulting group since Jon Holt took over as UK chief executive in 2021

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Billionaire Investor Dan Loeb Just Loaded Up on These 2 "Magnificent Seven" Artificial Intelligence (AI) Stocks

The Motley Fool

One of the best ways to get a glimpse into the minds of prominent investors is to look at their 13F filings. These forms are required by the Securities and Exchange Commission (SEC) and break down the buying and selling activity of large institutional money managers. Recently, I parsed through the 13F of Third Point, a hedge fund started by billionaire investor Dan Loeb.

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Vive Crop Protection Secures Series C Extension Funding

FinSMEs

Vive Crop Protection, a Toronto, Canada-based company which specializes in evolving crop inputs through its precision chemistry™ platform, raised an undisclosed amount in Series C extension funding. Backers were not disclosed. The Series C extension will enable the company to further advance its technologies and drive demand into new markets. Led by CEO Darren Anderson, […] The post Vive Crop Protection Secures Series C Extension Funding appeared first on FinSMEs.

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If You'd Invested $300 in Intel Stock 3 Years Ago, Here's How Much You'd Have Today

The Motley Fool

Many semiconductor stocks are soaring right now. Over the past three years, for example, Nvidia 's stock has skyrocketed nearly 600%. But what about other chip stocks, like Intel (NASDAQ: INTC) ? Intel's 3-year performance paints a surprising picture While Nvidia stock has septupled in value the last three years, Intel shareholders have lost roughly 38% of their money.

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ThinkLabs AI Raises $5M in Seed Funding

FinSMEs

ThinkLabs AI, a NYC-based startup focused on developing technology to help enhance grid planning through a combination of intelligent automation and AI, raised $5M in Seed funding. The round was co-led by Powerhouse Ventures and Active Impact Investments, with participation from Blackhorn Ventures, Amplify Capital, Mercuria Energy, and a national US energy company.

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Why Crypto's Altcoins Popped This Week

The Motley Fool

An Ethereum (CRYPTO: ETH) exchange-traded fund (ETF) was approved this week, and that could open a floodgate of ETFs and funding for the crypto industry. At least that's what the market was speculating this week. According to data provided by S&P Global Market Intelligence , Uniswap (CRYPTO: UNI) was up as much as 28% over the past week, while Lido Staked Ether (CRYPTO: STETH) was up 25.3% and Arbitrum (CRYPTO: ARB) was up 17.9%.

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CBiGroup Closes $15M Series A Funding

FinSMEs

CBiGroup, a NYC-based global financial services company for businesses, raised $15M in Series A funding The round was led by Alpol Capital Family Office. The company intends to use the funds to boost research and development, investing in new technologies to enhance products and drive innovation. Founded by Jiangtao Sun, CBiGroup provides comprehensive global financial […] The post CBiGroup Closes $15M Series A Funding appeared first on FinSMEs.

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Generative AI Software Sales Could Soar by 6,260% by 2032: 1 Unstoppable Artificial Intelligence Stock to Buy Before They Do (Hint: It's Not Nvidia)

The Motley Fool

Artificial intelligence (AI) has gone viral since early last year, and it's easy to see why. This next-generation software can create original content, including text, video, and images, from just a few prompts. The technology also promises to revolutionize business by streamlining processes and increasing productivity. As the primary maker of the high-end graphics processing units (GPUs) that provide the computing power that underpins this groundbreaking technology, Nvidia (NASDAQ: NVDA) has be

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Orca Fraud Raises $550K in Pre-Seed Funding

FinSMEs

Orca Fraud, a Cape Town, South Africa-based startup that works with banks and fintechs in emerging markets to fight various types of fraud, raised $550K in Pre-Seed funding. The round was led by Norrsken22 with participation from First Circle Capital, Musha Ventures, Kara Ventures and others. The company intends to use the funds to expand […] The post Orca Fraud Raises $550K in Pre-Seed Funding appeared first on FinSMEs.

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Lucid Group: Buy, Sell, or Hold?

The Motley Fool

Lucid (NASDAQ: LCID) has received much attention with its luxury electric vehicles (EVs), which boast a driving range well above its competitors. The EV maker made its public stock debut three years ago and sought to challenge Tesla with its upscale offerings. It has taken Lucid time to ramp up production of its EVs, and the company had to raise capital to ensure it has enough funding to keep things going.

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Plume Network Raises $10M in Seed Funding

FinSMEs

Plume Network, a San Francisco, CA-based provider of a modular EVM Layer-2 built to bring any real-world asset (RWA) on-chain, raised $10M in Seed funding. The round was led by Haun Ventures with participation from Galaxy Ventures, Superscrypt, A Capital, SV Angel, Portal Ventures, Reciprocal Ventures, and others. Angels included founders and executives such as Anthony […] The post Plume Network Raises $10M in Seed Funding appeared first on FinSMEs.

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Warren Buffett Once Referred to Apple As the Best Business in the World. So Why Did He Just Sell 116 Million Shares?

The Motley Fool

Warren Buffett is one of the most closely monitored investors in the world. Whenever the billionaire buys or sells a stock, it makes headlines around the global financial community. According to Berkshire Hathaway 's most recent 13F filing, Buffet sold 116 million shares of Apple (NASDAQ: AAPL) during the first quarter. Just three years ago, Buffett proclaimed that Apple was "probably the best business I know in the world" during an interview on CNBC.

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Aduro Advisors Receives Investment from Vitruvian Partners

FinSMEs

Aduro Advisors, a Denver, CO-based fund administrator to venture capital and private equity firms, has secured a strategic growth investment from Vitruvian Partners. The amount of the deal was not disclosed. The company intends to use the funds to expand operations and its development efforts. Led by Braughm Ricke, Founder and CEO, Aduro Advisors is […] The post Aduro Advisors Receives Investment from Vitruvian Partners appeared first on FinSMEs.

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Some People Won't Be Able to Enroll in a Medigap Plan, or May Have to Pay More. Here's What You Need to Know.

The Motley Fool

As you approach age 65, there's a big decision you need to be thinking about: which Medicare plan to sign up for in your later years. And there's a key reason why it's so vital to make the best healthcare decisions for yourself. According to Fidelity, a 65-year-old person retiring in 2023 could expect to spend $157,500, on average, on medical and healthcare expenses throughout retirement.

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Why Is Phishing Awareness Important For Your Business?

FinSMEs

One of the most dangerous and common threats for businesses is phishing attacks. They are not as rare as we might imagine, as a matter of fact, usually they involve little mistakes from people within the organization. It is demonstrated that 43% of employees have made mistakes that have compromised cybersecurity at least once. Any […] The post Why Is Phishing Awareness Important For Your Business?

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These 2 Big Moves by Nvidia May Signal Massive Growth Ahead

The Motley Fool

Nvidia (NASDAQ: NVDA) has wowed investors again, reporting record quarterly revenue and earnings that beat analysts' estimates. This week, the company announced triple-digit gains in quarterly revenue and net income as demand for its artificial intelligence (AI) products and services soared. Nvidia dominates the AI chip market, holding 80% share, and these results show the company is maintaining its leadership.

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