Tue.Aug 13, 2024

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How Rich Are You Compared to Others in Your Age Range?

The Motley Fool

Image source: Getty Images Ideally, you will get richer over the course of your life. This means you will grow your net worth, which is a calculation that shows how much you actually own. You can find out what your net worth is by subtracting the value of your liabilities from the value of your assets. For most people, increasing their net worth takes time -- unless, of course, they happen to be lucky enough to be born with millions in the bank.

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How to Predict a Recession

A Wealth of Common Sense

Do you know how long we’ve been in a recession for since the end of the Great Financial Crisis? Two months. In 15 years, the U.S. economy has been in a recession for just two months! That’s roughly 1% of the time, meaning that since July 2009, the United States has avoided a recession 99% of the time.

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Residents of These 5 States Have the Highest Average Credit Scores

The Motley Fool

Image source: Getty Images Credit scores vary across the United States. However on the whole, most people are doing reasonably well with earning good credit. In fact, the nationwide average score is 714, according to The Motley Fool Ascent's research. This is within the "good" credit classification, so most people with scores around the average should be able to qualify for credit cards and loans at reasonable rates.

Debt 246
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Clearly Raises $4.3M in Seed Funding

FinSMEs

Clearly, a London, UK-based provider of a climate intelligence platform using AI to provide fleet operators with critical trip-level emission and energy insights, raised $4.3M in Seed funding. The round was led by Pace Ventures and Nine Realms, with participation from existing mobility investors Mobilion, Next Gear and M1720 alongside angels Lord Nash and Margaux Primat.

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Meet the Virtually Unknown 11%-Yielding Dividend Stock I Want to Triple My Stake in if the Stock Market Crashes

The Motley Fool

Between the start of 2023 and the midpoint of 2024, the bulls were firmly in control on Wall Street. The rise of artificial intelligence (AI), the return of stock-split euphoria, and better-than-expected corporate earnings/economic data helped propel all three major stock indexes to multiple record-closing highs. But as history has repeatedly shown, the stock market doesn't move up in a straight line.

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Ragie Raises $5.5M in Funding

FinSMEs

Ragie, a San Francisco, CA-based platform that enables developers to build AI applications connected to their own data, raised $5.5M in funding. The round was led by Craft Ventures, Saga VC, Chapter One, and Valor. The company intends to use the funds to expand operations and its development efforts. Founded by Bob Remeika and Mohammed Rafiq, Ragie […] The post Ragie Raises $5.5M in Funding appeared first on FinSMEs.

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PayZen Raises $232M in Series B Funding

FinSMEs

PayZen, a San Francisco, CA-based fintech technology company tackling healthcare affordability via AI-powered solutions, raised $232M in Series B funding. The round was led by NEA, with participation from existing investors including 7wireVentures, SignalFire, Viola Ventures, and others. The company intends to use the funds for growth and market expansion.

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Where Will Cava Stock Be in 5 Years?

The Motley Fool

To say that shares of Cava (NYSE: CAVA) have been satisfying investors' hunger would be an understatement. The Mediterranean-inspired fast-casual concept restaurant has surged 105% this year alone (as of Aug. 8), outpacing the broader S&P 500 by a wide margin. And since its initial public offering in June last year, this rising restaurant stock is a big winner.

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Mars strikes deal to buy Pringles maker Kellanova for more than $29bn

Financial Times M&A

US confectionery giant to pay $83.

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1 Unstoppable Stock Set to Join Nvidia, Apple, Microsoft, Amazon, Alphabet, and Meta in the $1 Trillion Club

The Motley Fool

Warren Buffet was born in 1930, and he bought his first stock at age 11. By 1965, he was running his very own investment company called Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , where he continues to cement his legacy as one of the world's greatest investors. Berkshire has become a conglomerate with several wholly owned companies under its umbrella, in addition to a portfolio of 47 publicly traded stocks and securities.

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Hong Kong investor buys UK wind farms for £350mn

Financial Times M&A

CK Infrastructure, controlled by Li Ka-shing’s family, will acquire 32 generation assets from Aviva Investors

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Prediction: Artificial Intelligence Will Lead to Higher Returns With Biotech Stocks

The Motley Fool

As we've all been told, artificial intelligence (AI) is going to disrupt everything in healthcare, from scheduling a doctor's appointment to developing new medicines. But there's a lot more to AI than large language models (LLMs) like ChatGPT. In fact, there's a good chance that AI's impact on biotech will go far beyond what consumer-facing AI applications might imply.

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AstraZeneca hits £200bn valuation

Financial Times M&A

Drugmaker has benefited from its bet on developing a portfolio of cancer drugs

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Don't Wait Until the Fed Lowers Rates to Take Advantage of the 5,000% Gain in CD Rates Since 2021

The Motley Fool

Image source: The Motley Fool/Unsplash There are mighty rumblings among the masses that the Federal Reserve is about to lower the federal funds rate for the first time since July 2019. Just how much is open to speculation, but what is abundantly clear is that the gains that savers have seen since rates started going up in March 2022 are about to start shrinking again.

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Guidewheel Raises $31M Series B Funding

FinSMEs

Guidewheel, a San Francisco, CA-based provider of an AI-powered platform that enables factories to reach sustainable peak performance, raised $31M in Series B funding. The round was led by Decarbonization Partners, a partnership between BlackRock and Temasek. Ecolab, Rethink Impact, and GSBackers also participated, alongside existing investors Greycroft and Breakthrough Energy Ventures (BEV), among others. […] The post Guidewheel Raises $31M Series B Funding appeared first on FinSMEs.

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Too Late to Buy Nvidia Stock After Its 600% Surge? Wall Street Has a Clear Answer.

The Motley Fool

Many experts see artificial intelligence (AI) as the investment opportunity of a lifetime. While the market is still nascent, chipmaker Nvidia (NASDAQ: NVDA) has already benefited substantially. Since January 2023, its trailing-12-month revenue has nearly tripled and shares have surged more than 600%. After those astonishing gains, some investors may worry it's too late to buy Nvidia stock, but Wall Street remains bullish.

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MD Ally Raises $14M in Series A Funding

FinSMEs

MD Ally, a NYC-based leader in 911 diversion, care, and navigation solutions, closed a $14m Series A funding round. The round, which brought MD Ally’s total funding to $25m, was led by Frist Cressey Ventures, and anchored by General Catalyst, with participation from Techstars, Seae Ventures, Red & Blue Ventures, and Alumni Ventures. The company intends to use […] The post MD Ally Raises $14M in Series A Funding appeared first on FinSMEs.

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This Biden Administration Proposal Just Might Salvage Your Credit Report

The Motley Fool

Image source: Getty Images Medical debt is no joke. Not only does the U.S. have the most expensive healthcare of any country, but medical debt is the No. 1 reason Americans file for bankruptcy, according to the American Medical Association (AMA). Medical debt can also play havoc on a person's budget and personal finances, causing their credit score to plummet and making it harder for them to get credit when it's needed.

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Heatmap Closes $4M Seed Funding

FinSMEs

Heatmap, a NYC-based provider of a data analytics tool for e-commerce websites, raised $4M in Seed funding. The round was led by Vine Ventures, with participation from Hawke Ventures, Pari Passu Venture Partners, el cap, and Mu Ventures. They joined Codie Sanchez (Contrarian Thinking Capital), Power One Capital, Quikr, and innovative marketing experts like Nik […] The post Heatmap Closes $4M Seed Funding appeared first on FinSMEs.

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Want Decades of Passive Income? 3 Stocks to Buy Right Now

The Motley Fool

Some investors enjoy a more active approach to owning stocks, keeping tabs on the market's daily ins and outs, and trading on a relatively regular basis in an effort to buy at lows and lock in profits at highs. Other investors, however, are less interested in activity, and are content to simply buy and hold without frequent check-ins on their portfolio.

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Spline Raises $10M in Series A Funding

FinSMEs

Spline, a NYC-based provider of a collaborative 3D design platform, raised $10M in Series A funding. The round was led by Third Point Ventures, with participation from Gradient Ventures, Y Combinator, Firestreak, Jorn van Dijk (CEO of Framer), and Guillermo Rauch (CEO of Vercel). Third Point Partner Dan Moskowitz joined the company’s board of directors.

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Nvidia Stock Investors Just Got Spectacular News From Taiwan Semiconductor Manufacturing

The Motley Fool

In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA) , Taiwan Semiconductor Manufacturing (NYSE: TSM) , and other semiconductor companies. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of August 9, 2024. The video was published on August 11, 2024.

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UK housebuilder Bellway walks away from Crest Nicholson takeover bid

Financial Times M&A

Crest Nicholson shares plunge in latest blow to struggling developer

Bidding 101
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Nvidia Stock Sell-Off: Is It Time to Buy This Artificial Intelligence (AI) Stalwart?

The Motley Fool

Amidst a market sell-off centered around big tech stocks, Nvidia (NASDAQ: NVDA) has had a rough month. Since it hit $135 per share in early July, the stock has sold off heavily and now sits at just shy of $100 per share. That's a near-30% decline from its high, indicating that Nvidia stock is in its own bear market. While this may cause some investors to panic, it may provide other investors a chance to buy the stock at a discount after missing the initial rise.

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Volkswagen’s Porsche-Piëch family on bargain hunt in deflated market

Financial Times M&A

Family-controlled investment vehicle considers ‘potential further investments’ as valuations fall

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Are You Upper, Middle, or Lower Class? 3 Ways to Find Out

The Motley Fool

Image source: Getty Images The share of middle class Americans has fallen in the last 50 years. And while most (51%) are still middle class, according to the Pew Research Center, it makes sense to question how those classes are broken up. For the curious, there are simple ways to tell based on the state of your finances. But first, it's important to note that your current financial situation doesn't necessarily mean you're stuck in your given class bracket forever.

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Alchemy sells Lebara to Waterland Private Equity

Private Equity Wire

Alchemy has agreed to sell pan-European telecommunications business, Lebara Group, which has over 4m subscribers across the UK, Netherlands, Germany, France and Denmark, to Waterland Private Equity. The sale, which is pending regulatory approval, is expected to deliver a strong return on investment for Alchemy’s investors. Alchemy first invested in Lebara in 2018 when, following a period of underperformance under prior ownership, it acquired the business.

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Tesla, Lucid, and Quantumscape Shares Jumped Today

The Motley Fool

Shares of high-volatility stocks and companies that could benefit from lower interest rates had a great day today as the market anticipates a September rate cut by the Federal Reserve. Not only could interest rates be down, but there are signs the economy won't go into too deep of a recession if there is one at all. Shares of Tesla (NASDAQ: TSLA) jumped as much as 5.6% today, Lucid (NASDAQ: LCID) popped 6.2%, and Quantumscape (NYSE: QS) was up 6.4%.

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Lazard taps Guggenheim banker for PE dealmaking

Private Equity Wire

Lazard has appointed Guggenheim Securities banker Courtney Haydon as a Managing Director in a move to bolster its private equity and alternative asset management dealmaking efforts, according to a report by Reuters. The report cites an unnamed source familiar with the matter as confirming that Haydon is set to join Lazard’s financial sponsors coverage group in the coming months.

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82% of 401(k)s Now Offer This One Benefit That Could Make Your Retirement Easier

The Motley Fool

There's a benefit to saving for retirement in a workplace retirement plan. With an IRA, you have to remember to send money into that account on a regular basis. With a 401(k), your contributions are taken as payroll deductions automatically. All you need to do is sign up, and your employer will make sure that your retirement account is funded on a regular basis.

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Akin adds partner to private capital team in Boston

Private Equity Wire

Akin has appointed Payson Lyman as Partner in the firm’s Boston office. Lyman, whose practice focuses on hybrid capital, preferred equity and other equity capital solutions, joins from Kirkland & Ellis, where he was also Partner. Lyman also advises private equity sponsors in complex domestic and cross-border business transactions, including mergers and acquisitions, leveraged buyouts, divestitures, carve-outs, recapitalisations and general corporate matters.

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Nasdaq Sell-Off: Buy the Dip on This "Magnificent Seven" Stock Before It Takes Off

The Motley Fool

The performance of the "Magnificent Seven" has been a bit of a mix bagged this year, with some performing well and others, not so much. This group of high-profile tech companies includes Alphabet , Apple , Amazon , Microsoft , Meta Platforms (NASDAQ: META) , Nvidia , and Tesla. Facebook parent Meta Platforms has been one of the better performers in this clique -- the stock is up by a solid 42% since the year started.

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US oil, gas investor Silver Hill seals $1.13bn for second institutional fundraise

AltAssets

Dallas-based Silver Hill Energy Partners has raised $1.13bn for its fourth fund - the second institutionally-backed vehicle it has raised to date. The post US oil, gas investor Silver Hill seals $1.13bn for second institutional fundraise first appeared on AltAssets Private Equity News. The post US oil, gas investor Silver Hill seals $1.13bn for second institutional fundraise appeared first on AltAssets Private Equity News.

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Why Nvidia Stock Rallied on Tuesday

The Motley Fool

Shares of Nvidia (NASDAQ: NVDA) surged higher on Tuesday, jumping as much as 6.2%. As of 1:33 p.m. ET, the stock was still up 5.7%. The catalyst that sent the chipmaker and artificial intelligence (AI) specialist higher were reports that delays of the Blackwell AI processor likely won't be as bad as originally feared. Billions at stake Earlier this month, reports suggested that Nvidia's much anticipated Blackwell B200 AI processor, which is scheduled to begin shipping later this year, would ship

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