This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Artificial intelligence (AI) aficionado Nvidia (NASDAQ: NVDA) has generated incredible returns for shareholders of late, so much so that the chipmaker completed a 10-for-1 stock split in June to reset its soaring share price. Even so, the hedge fund managers listed below trimmed their positions in Nvidia during the second quarter while reinvesting profits in Broadcom (NASDAQ: AVGO) , another semiconductor company that recently completed a 10-for-1 stock split.
After the Great Financial Crisis, everyone was trying to figure out how it would impact the coming wave of millennials entering adulthood. Millennials were getting blamed for killing everything — napkins, diamond rings, chain restaurants, motorcycles, bar soap and more. Sure, whatever. The one that never made sense to me was all the pundits predicting millennials would never buy a home or move out of big cities.
Do you want to get richer in 2024? Of course you do. I've got a few stocks here that you might consider for your portfolio -- but I can't promise that they will surge in 2024. That's because it's impossible to know how a given stock, not to mention the entire stock market, will perform over relatively short periods. Market corrections and crashes can happen any time.
You can't go a day without hearing or reading about Nvidia. The company powering the artificial intelligence (AI) revolution now has the third-largest market cap in the world at over $2.8 trillion. Investors are betting big on its continued growth, valuing the stock at a premium price-to-earnings ratio ( P/E ) of 63 at the moment. Optimism is high, but I think it is time to zig while others are zagging.
Re:Build Manufacturing, a Cambridge, MA-based company that manufactures technologically advanced products from concept through production at scale, reportedly raised $120m in funding. General Catalyst was the sole investor in the round. The company intends to use the funds to expand operations and its business reach. Re:Build ManufacturingRe:Build Manufacturing Led by Miles Arnone, Chief Executive Officer, Re:Build […] The post Re:Build Manufacturing Raises $120M in Funding appeared first
Over the last couple of years, the pharmaceutical industry has been taken over by glucagon-like peptide-1 (GLP-1) agonists. Even if you aren't familiar with that terminology, I'd wager that you're well aware of diabetes and obesity medications such as Ozempic, Wegovy, and Mounjaro -- which are all GLP-1 drugs. For now, Denmark-based Novo Nordisk (NYSE: NVO) dominates the GLP-1 market, thanks to its deep roster of treatments including Ozempic, Wegovy, Rybelsus, and Saxenda.
Eschatology Entertainment, a Nicosia, Cyprus-based gaming studio, raised €10.2m in funding. The round was led by KRAFTON, with participation from GEM Capital and The Games Fund. The company intends to use the funds to expand operations and its development efforts to launch upcoming games. Founded in 2022 by Fuad Kuliev, Dmytro Kostiukevych, Boris Nikolaev, and Viktor Antonov, […] The post Eschatology Entertainment Raises €10.2M in Funding appeared first on FinSMEs.
Eschatology Entertainment, a Nicosia, Cyprus-based gaming studio, raised €10.2m in funding. The round was led by KRAFTON, with participation from GEM Capital and The Games Fund. The company intends to use the funds to expand operations and its development efforts to launch upcoming games. Founded in 2022 by Fuad Kuliev, Dmytro Kostiukevych, Boris Nikolaev, and Viktor Antonov, […] The post Eschatology Entertainment Raises €10.2M in Funding appeared first on FinSMEs.
Starbucks made big news last week with its poaching of Chipotle Mexican Grill 's superstar CEO Brian Niccol. Starbucks stock shot up more than 20% after the announcement, and it was a shot of caffeine that the coffee king has been desperately needing. Investors have confidence in Niccol's ability to get Starbucks back to growth, but it's somewhat premature.
WSPN, a Singapore-based provider of stablecoin infrastructure, raised $30M in Seed funding. The round was led by Folius Ventures and Foresight Venture, with participation from investors including Hash Global, Generative Ventures, RedPoint Capital, and a consortium of investment companies, exchanges and foundations. The company intends to use the fund to expand operations and its development […] The post WSPN Raises $30M in Seed Funding appeared first on FinSMEs.
Although artificial intelligence (AI) has been the can't-miss innovation that's powered all three of Wall Street's major stock indexes to record-closing highs, stock-split euphoria has, arguably, been just as important in 2024. A stock split allows publicly traded companies the opportunity to superficially adjust their share price and outstanding share count by the same factor.
Koch Equity Development, the Wichita, KS-based investment and acquisition arm of Koch, Inc., announced an agreement to acquire iconectiv, LLC, a telecommunications solutions company, from Ericsson (NASDAQ: ERIC). The amount of the deal was not disclosed. With the acquisition, iconectiv will become a wholly-owned independent subsidiary of KED and will continue to be managed by iconectiv’s […] The post Koch Equity Development to Acquire iconectiv appeared first on FinSMEs.
Apple (NASDAQ: AAPL) is one of Warren Buffett's favorite stocks; there's no secret about that. He has previously referred to it as "probably the best business I know in the world." And within Berkshire Hathaway 's portfolio, it normally accounts for a considerable percentage of the stock holdings. It's still in the top spot today, but the percentage has dropped significantly after Buffett recently sold a big chunk of Apple stock.
Stockholm, Sweden-based EQT Private Equity acquired AMCS, an Ireland-based supplier of cloud-based and AI-enabled planning, performance, safety and sustainability focused software for waste management, recycling and other resource-intensive industries. The amount of the deal was not disclosed. EQT Private Equity will invest from EQT X, its flagship private equity fund, and EQT Future, its impact-driven, […] The post EQT Private Equity to Acquire Majority Stake in AMCS appeared first on Fin
With well over 50 million recipients, Social Security retirement benefits are some of the most relied-on benefits the U.S. offers. The payments provide a financial safety net for retirees, with some depending on the benefits as their sole source of income. The amount of Social Security retirement benefits a person gets can change from year to year, sometimes in unexpected and unwanted ways.
Eli Lilly and Company (NYSE: LLY), an Indianapolis, IN-based medicine company, acquired Morphic Holding, Inc. (NASDAQ: MORF), a biopharmaceutical company developing oral integrin therapies for treatment of serious chronic diseases. The amount of the deal was not disclosed. With the acquisition, Lilly will improve outcomes and expand options for people living with inflammatory bowel disease.
Rivian Automotive (NASDAQ: RIVN) recently released its second-quarter earnings update, and there were no real surprises. But it's likely we are in the calm before the storm for Rivian, and investors should start paying attention. That's because the electric vehicle (EV) start-up is getting ready to begin production next year on the R2 SUV, its first new model.
Singapore, 19 August 2024 – Vistra, a leading provider of essential business solutions that help organisations to invest and grow efficiently and compliantly across the world, is pleased to announce the appointment of…
Nvidia (NASDAQ: NVDA) stock has pulled back from its peak in June as the stock market seems to be debating the future of the AI boom. Some investors think the rally overheated as the new technology has yet to produce a "killer app" or make any major disruptions in the economy. There was evidence of this when Alphabet and Microsoft stocks both pulled back following their recent earnings reports as investors questioned the level of spending on AI infrastructure and wondered if those tech giants wo
To read this article, you must be a paid subscription member. (Current members login here) [.] The post Advent International buys majority holding in South African software firm first appeared on Africa Capital Digest.
It's been over 100 years since investors began viewing the Dow Jones Industrial Average (DJINDICES: ^DJI) as an overall stock market barometer. However, despite its longevity, the index is deeply flawed. The Dow Jones Industrial Average is a price-weighted index. As a result, a 1% gain for a relatively small member like Goldman Sachs will move the index higher than a 2% gain for Apple.
To read this article, you must be a paid subscription member. (Current members login here) [.] The post Existing investors back convertible note for Lucky ONE first appeared on Africa Capital Digest.
On Tuesday, July 16, 2024, the S&P 500 closed at a new all-time high of 5,667. In my opinion, that was it right there. The top is in; the benchmark index will not close above that level again in 2024. Here's why -- and what you can do about it. Image source: Getty Images. The economy is likely headed for a recession Recessions are inevitable -- and pretty frequent.
To read this article, you must be a paid subscription member. (Current members login here) [.] The post Bracewell opens Africa-focused office in Paris first appeared on Africa Capital Digest.
Long-term Rivian (NASDAQ: RIVN) investors might be experiencing some angst. The stock is down 85% since its late-2021 IPO. But while the electric vehicle (EV) industry trudges along with slower-than-anticipated growth, it's still rapidly evolving with cost cuts, vehicle launches, and improved battery technology, among other developments. The question facing Rivian investors is, how does the company bridge the gap between now and what seems like an eternity before the R2 Rivian SUV launches its n
To read this article, you must be a paid subscription member. (Current members login here) [.] The post Camco lands additional debt for Spark financing platform first appeared on Africa Capital Digest.
Companies that issue stock splits have become quite popular with investors over the last year. But it's important to understand what a stock split achieves and why companies issue them. The most common type of split is a forward stock split , where a company increases its total share count while reducing the share price. The aim is to make each share more affordable for investors, but it's not free money.
Portfolio of 18 High-Quality, Class A Assets Concentrated in Coastal and Sunbelt Markets NEW YORK & CHARLOTTE, N.C.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that KKR has acquired a portfolio of 18 multifamily assets from a closed-ended fund sponsored by Quarterra Multifamily, a premier multifamily real estate development and operating company, for approximately.
One of Warren Buffett's largest and longest held investments is Coca-Cola (NYSE: KO). For some investors, knowing that Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) owns a stock is enough reason to buy it. But there's a major caveat here, because Buffett has owned Coca-Cola for a long time. So the question today is whether the drink giant can make you a millionaire from this point, not how well it has performed for Buffett's Berkshire Hathaway.
TOKYO--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Teachers’ Venture Growth (TVG), the late-stage venture and growth investment arm of Ontario Teachers’ Pension Plan, today announced the signing of definitive agreements under which KKR (on behalf of funds managed by it) and TVG will jointly lead a US$140 million (JPY 21.
The Nasdaq Composite , which tracks the performance of the more than 3,000 stocks listed on its exchange, has been a wild ride so far this year. After climbing as much as 24% by early July, the widely followed index fell into correction territory earlier this month, down 13% from its high before trimming its losses last week. This downturn had some investors wondering whether the market's bull run had come to an end.
Transaction marks KKR’s latest investment in India’s healthcare sector Investment will support the build-out of a leading pan-India network of hospitals MUMBAI, India--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Baby Memorial Hospital (‘BMH’), a leading regional multi-specialty hospital chain in India, today announced the signing of definitive agreements under which funds.
While there has been a lot of excitement surrounding the launch of Nvidia 's (NASDAQ: NVDA) latest chips based on its new Blackwell architecture, both customers and investors apparently will need to wait a bit longer. According to reports, the shipment of the chips will be delayed, although by how long remains to be seen. Given the strong demand that was expected for the chips, let's take a closer look at the issue and the impact it may have on the stock.
BOSTON, July 9, 2024 /PRNewswire/ -- Nasuni, a leading enterprise data platform for modern hybrid cloud environments, today announced a strategic growth investment led by Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses.
Famed growth investor Cathie Wood loves to invest in disruptive tech stocks, and investors love to see what's on her investing plate. Sometimes, it's her tried-and-true picks like Tesla and Teladoc Health , and sometimes it's an under-the-radar initial public offering (IPO) stock like Tempus AI. One stock you don't usually see in Ark Invest's picks is Amazon (NASDAQ: AMZN).
NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the second quarter 2024 on Wednesday, July 31, 2024, before the opening of trading on the New York Stock Exchange. A conference call to discuss KKR’s financial results will be held on Wednesday, July 31, 2024 at 10:00 a.m. ET.
Image source: Getty Images Right now, the average interest rate for a 30-year fixed-rate mortgage in the United States is 6.4%, according to Mortgage News Daily, the lowest level in 15 months. This is down significantly from a recent high of 7.52% in April and has made homeownership more affordable for many Americans. With that in mind, here's a closer look at what mortgage rates mean for home buyers who want to purchase a $400,000 home right now.
Investment in freehold logistics asset with strong development potential and asset management initiatives in Greater Copenhagen STOCKHOLM--(BUSINESS WIRE)-- KKR, a leading global investment firm, and Palm Capital, the pan-European real estate private equity specialist today announced the acquisition of a prime last-mile logistics asset in Greater Copenhagen, Denmark, from Catena, the.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content