The Motley Fool

MAY 24, 2024

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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A Wealth of Common Sense

MAY 24, 2024

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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Accounting 144

The Motley Fool

MAY 24, 2024

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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Financial Times M&A

MAY 24, 2024

John Textor seeks buyer for his 40% holding in Premier League club

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Stakes 107

The Motley Fool

MAY 24, 2024

It should come as no surprise that Jensen Huang is the largest individual shareholder of Nvidia (NASDAQ: NVDA). He co-founded the company with friends back in 1993 and currently serves as its president and CEO. Huang's total stake in Nvidia currently stands at 86,827,600 shares, worth a cool $82.8 billion as of this writing. But who owns the second most shares?

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Financial Times: Moral Money

MAY 24, 2024

World: doomed

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Funds 105

Financial Times M&A

MAY 24, 2024

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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The Motley Fool

MAY 24, 2024

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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Debt 246

Financial Times M&A

MAY 24, 2024

UK asset manager says it is seeking new leadership

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The Motley Fool

MAY 24, 2024

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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Private Equity Wire

MAY 24, 2024

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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The Motley Fool

MAY 24, 2024

This coming Sunday, May 26, will mark the 128th "birthday" for Wall Street's most iconic stock index, the Dow Jones Industrial Average (DJINDICES: ^DJI). When the Dow was first introduced in 1896, it was comprised of 12 predominantly industrial companies. Today, it's a mix of 30 time-tested, multinational businesses from an assortment of sectors and industries.

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Private Equity Wire

MAY 24, 2024

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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The Motley Fool

MAY 24, 2024

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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Private Equity Wire

MAY 24, 2024

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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The Motley Fool

MAY 24, 2024

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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AltAssets

MAY 24, 2024

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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The Motley Fool

MAY 24, 2024

Social Security took in more than $1.35 trillion in 2023. The bulk of that came from the income taxes workers paid, but seniors made their contribution too. They paid a combined $50.7 billion in Social Security benefit taxes, and all signs point to that figure being even higher in 2024. If you're claiming benefits this year, you don't want to wait until tax time to find out if you owe the government a cut of your checks.

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Private Equity Wire

MAY 24, 2024

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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The Motley Fool

MAY 24, 2024

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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Private Equity Wire

MAY 24, 2024

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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The Motley Fool

MAY 24, 2024

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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AltAssets

MAY 24, 2024

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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The Motley Fool

MAY 24, 2024

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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Investing Shareholders Returns Portfolios 246

Financial Times M&A

MAY 24, 2024

Engineering services group says sweetened approach significantly undervalues the company

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Companies 89

The Motley Fool

MAY 24, 2024

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%.

Securities and Exchange Commission (SEC) 246

Securities and Exchange Commission (SEC) Exchange-Traded Funds Stakes Funds 246

Financial Times: Moral Money

MAY 24, 2024

Also in today’s newsletter, regulation experts fight to revive the voluntary carbon market before it’s too late

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The Motley Fool

MAY 24, 2024

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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Finance Financing Accounting Returns 246

FinSMEs

MAY 24, 2024

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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The Motley Fool

MAY 24, 2024

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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FinSMEs

MAY 24, 2024

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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Funds Financial Services Capital Companies 69

The Motley Fool

MAY 24, 2024

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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FinSMEs

MAY 24, 2024

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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The Motley Fool

MAY 24, 2024

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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