Thu.Aug 22, 2024

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Prediction: Nvidia's Big Stock Pullback Will Lead to Even Bigger Gains by Year's End

The Motley Fool

Nvidia (NASDAQ: NVDA) is the most-watched tech stock. There's no question. Its upcoming earnings, which come after the majority of the industry and all of the "Magnificent Seven" have already reported, are hotly anticipated. As the centerpiece of the artificial intelligence (AI) revolution, Nvidia saw its revenue skyrocket from the end of 2022 to now.

Returns 246
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The 60/40 Portfolio Win Rate

A Wealth of Common Sense

Callie Cox, our new Chief Market Strategist at Ritholtz Wealth, joined me on the show this week to discuss questions about the potential for a recession, what the Fed should do now, going all in on the Nasdaq 100 in your retirement accounts and how markets move in off hours. Further Reading: What’s the Worst Long-Term Return For U.S. Stocks? 1Taxes and fees are excluded as well, of course.

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Billionaires Are Selling Nvidia Stock and Buying an Index Fund That May Soar Up to 83,000%, According to Wall Street Experts

The Motley Fool

Recently filed Forms 13F show that two high-profile hedge fund managers sold shares of Nvidia during the second quarter while reallocating capital to the iShares Bitcoin Trust (NASDAQ: IBIT) , an exchange-traded fund (ETF) that tracks Bitcoin (CRYPTO: BTC). David Shaw at D.E. Shaw sold 12.1 million shares of Nvidia, trimming his position by 52%. Meanwhile, he bought 2.4 million shares of the iShares Bitcoin Trust, increasing his position by 1,658%.

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Thera Raises $4M in Seed Funding

FinSMEs

Thera, a NYC-based payroll and payments platform, raised a $4m Seed funding round. Backers included Y Combinator, 10x Founders, Amino Capital, Zillionize, and Bayhouse Capital, as well as angels Oliver Jung, Chris Bakke, Andrew Yeung, Akash Magoon, and Bobby Matson. The company will use the funds to accelerate its growth by further developing its platform […] The post Thera Raises $4M in Seed Funding appeared first on FinSMEs.

Funds 115
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Warren Buffett Just Bought Another $345 Million Worth of His Favorite Stock

The Motley Fool

Warren Buffett is the chairman and CEO of the Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) investment company. He has overseen a 19.8% compound annual return in Berkshire stock since 1965, which would have been enough to turn an investment of $1,000 back then into over $42.5 million today. The same investment in the S&P 500 index would be worth just $327,400 today, so it's no surprise that investors closely monitor Buffett's every move.

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Trace Machina Closes $4.7M Seed Funding

FinSMEs

Trace Machina, a San Francisco, CA-based company building simulation infrastructure for safety-critical technologies in physical-world AI, raised $4.7M in Seed funding. The round was led by Wellington Management with participation from Samsung Next, Sequoia Capital Scout Fund, Green Bay Ventures, and Verissimo Ventures. Angel investors included Clem Delangue, CEO of Hugging Face; Mitch Wainer, Co-Founder […] The post Trace Machina Closes $4.7M Seed Funding appeared first on FinSMEs.

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Qualified Digital Receives Investment from Stella Point Capital

FinSMEs

Qualified Digital, a Berkeley, CA-based digital business and experience agency, received an investment from Stella Point Capital. The amount of the deal was not disclosed. The company intends to use the funds to accelerate and elevate its practice of a strategy-first approach to customer experience, data, content and technology. Led by CEO and Founder Jaqi […] The post Qualified Digital Receives Investment from Stella Point Capital appeared first on FinSMEs.

Capital 114
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Prediction: Ethereum Will Hit a $1 Trillion Market Cap in 2025

The Motley Fool

For much of 2024, Ethereum (CRYPTO: ETH) has disappointed crypto investors. Even with all the hype and buzz around the launch of the new spot exchange-traded funds (ETFs), the price of Ethereum is up a measly 15% for the year. By way of comparison, Bitcoin (CRYPTO: BTC) is up nearly 40% for the year. And don't even get me started about all the meme coins that are up 500% or more for the year.

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VividQ Raises $7.5M in Additional Series A Funding

FinSMEs

VividQ, a Cambridge, UK-based deep technology innovator in computational holography, closed an additional $7.5m Series A funding, bringing the company’s total funding to over $30m. The round was led by Foresight Group and included new investors such as GameTech Ventures, and Florida-based Ruttenberg Gordon Investments (RGI), as well as existing investors.

Funds 113
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Billionaire Ken Griffin Sold 79% of Citadel's Stake in Artificial Intelligence (AI) Titan Nvidia and Piled Into These 3 High-Octane Growth Stocks Instead

The Motley Fool

What can easily be described as the most important data release of the third quarter occurred last week -- and a lot of investors probably missed it. Every quarter, institutional investors with at least $100 million in assets under management are required to file Form 13F with the Securities and Exchange Commission. In simple terms, a 13F allows investors to see what Wall Street's most-successful investors purchased and sold in the most recent quarter (in this instance, the June-ended quarter).

Stakes 246
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TD Bank stumbles as it accrues $3bn in charges over alleged compliance failures

Financial Times M&A

The lender is now on the defensive after its sloppiness has caught up with it

Banks 107
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Stock Market Sell-Off: Here Are the 3 Best Vanguard ETFs to Buy on the Dip

The Motley Fool

Investing is all about opportunity. For long-term investors, stock market dips can be a great time to accumulate shares. By purchasing shares at an even slightly lower price, investors can help lower their cost basis, which, over time, can help build wealth. So, let's examine three Vanguard exchange-traded funds (ETFs) that are worth picking up on the next stock market dip.

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Deal Roundup: Warburg Pincus sells Indian jeweller stake, Inflexion buys Cutwel from NorthEdge

AltAssets

Warburg Pincus is selling a more than 2% stake in India’s Kalyan Jewellers for about INR13bn ($155m). The private equity firm bought into Kalyan ten years ago, and held an almost 25% stake following the company’s IPO in 2021. Kalyan sells diamond and gold necklaces and other jewellery online and through a series of more […] The post Deal Roundup: Warburg Pincus sells Indian jeweller stake, Inflexion buys Cutwel from NorthEdge first appeared on AltAssets Private Equity News.

Stakes 98
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Is the Stock Market Going to Crash? I Don't Know. That's Why I Own This Recession-Resistant Stock.

The Motley Fool

The stock market has rebounded nicely from the 2022 bear market lows, and most major indexes are within striking distance of their all-time highs. With expectations of falling interest rates, and the continued strength of megacap technology stocks, things have been going quite well for stock investors. However, it's important for all investors to know that the stock market will crash again -- it's just a question of when.

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Adams Street Partners could collect up to $2bn for new co-invest fund

AltAssets

Diversified alternatives investment major Adams Street Partners is eyeing up to $2bn for its latest private equity co-invest fundraise. The post Adams Street Partners could collect up to $2bn for new co-invest fund first appeared on AltAssets Private Equity News. The post Adams Street Partners could collect up to $2bn for new co-invest fund appeared first on AltAssets Private Equity News.

Funds 98
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Forget ExxonMobil: Buy This High-Yield Dividend Stock Instead

The Motley Fool

ExxonMobil (NYSE: XOM) is a fine and worthy dividend-stock candidate for investors looking for exposure to oil, but it doesn't trade at Devon Energy 's (NYSE: DVN) cash-flow valuation. Moreover, while ExxonMobil's stock is up almost 19% this year, Devon's stock is flat this year and presents an excellent value for investors. Here's why. Devon Energy continues to progress Devon Energy's recent second-quarter results contained several positives that helped confirm the investment case for the stock

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NorthEdge completes sale of Cutwel to Inflexion

Private Equity Wire

UK regional private equity firm NorthEdge has completed the sale of Cutwel, a cutting tool distributor to the SME precision engineering sector in the UK and Ireland, to Inflexion Private Equity Partners. Cutwel, based in Cleckheaton, West Yorkshire, serves over 13,000 customers. The exit, the ninth divestment from the fund, was led by Andy Ball, Partner, and John Hammond, Director, alongside the Cutwel management team, and provides a strong return for NorthEdge Fund II at over a 3x gross.

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Got $1,000 to Invest in Stocks? Put It in This Index Fund.

The Motley Fool

So you've got $1,000 to invest. (Or maybe you have just $200. Or $50,000.) A fine place to park that moola, if you want it to grow significantly over many years, is the stock market. Check out these average annual returns, from Wharton Business School professor Jeremy Siegel. Asset Class Annualized Nominal Return, 1802 to 2021 Stocks 8.4% Bonds 5% Bills 4% Gold 2.1% U.S. dollar 1.4% Data source: Stocks for the Long Run , Jeremy Siegel.

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Bain urges asset managers to invest in private markets

Private Equity Wire

Asset managers must shift their focus to private markets if they want to remain competitive, according to a new report from Bain & Co, with the consultancy firm warning that traditional models centred on public markets are becoming outdated, according to a report by Bloomberg. With public markets margins margins plummeting from 15 basis points in 2007 to just 8 basis points in 2022, fund firms need to overhaul their strategies and invest heavily in the capabilities required to succeed in pri

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Artificial Intelligence (AI) Hype and a Weak Jobs Report: Here Are the Companies That Can Weather the Sell-Off Storm

The Motley Fool

Volatility is back. Investors began August falling off a cliff due to a combination of weak economic data, including higher unemployment and the unwinding of the carry trade when the Bank of Japan raised interest rates on the yen. Concerns that the AI boom could be fading also weighed on tech stocks. The S&P 500 lost 6% in the first three sessions, while the Nasdaq Composite gave up 8%.

Companies 246
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AirAsia secures $443m in private funding for aircraft refurbishment

Private Equity Wire

Budget airline AirAsia has secured $443m in private funding from a group of lenders including Ares Management Corp and Indies Capital Partners, to help refurbish planes that were grounded during the pandemic, according to a report by Bloomberg. The report cites unnamed sources familiar with the deal as revealing that the financing comes in two tranches – a $200m tranche from the private credit firms for refurbishment, and a $243m tranche from aircraft lessors to refinance lease liabilities.

Funds 95
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Do These 4 New Moves Make Tilray Brands Stock a Buy?

The Motley Fool

As a multinational alcohol and cannabis company, it's no surprise that Tilray Brands (NASDAQ: TLRY) has more than one iron in the fire. What might come as a surprise is that it has so many different irons in the fire that it can advance a handful of its plans at once without slowing down. But the question of whether these efforts make the stock worth investing in is a separate issue.

Legal 245
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European PE managers lead in ESG performance

Private Equity Wire

European private equity managers are setting a high bar in environmental, social and governance performance, with half (51%) of the region’s managers now earning an “excellent” rating, according to LGT Capital Partners’s ESG Report 2024. This marks an improvement from last year’s 42%, indicating a growing commitment to sustainable investment practices in Europe, as reported by Environmental Finance.

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Breaking Down 1 of Wall Street's Biggest Bitcoin Buys: A Warning or a Signal to Join the Cryptocurrency Revolution?

The Motley Fool

Imagine telling someone in 2009, when Bitcoin (CRYPTO: BTC) was trading for just a few pennies, that one day, one of the most prolific companies on Wall Street would be buying the cryptocurrency. Well, that day has come as Goldman Sachs Group (NYSE: GS) recently disclosed a multimillion-dollar stash of Bitcoin in its quarterly filing. Bitcoin and cryptocurrencies in general have been primarily regarded as extremely speculative investments, but the arrival of institutions like Goldman Sachs may c

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Quantium names Sales Director for North America  

Private Equity Wire

Quantium, an investment management software provider for the private markets, has appointed Bryan Botha as Sales Director for North America, based in San Francisco. In his new role, Botha will help drive Quantium’s expansion into the North American market. Botha most recently led global sales at ARK Global, a financial services marketing provider.

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All It Takes Is $1,000 Invested in Coca-Cola and Each of These 3 Warren Buffett Dividend Stocks to Generate Over $100 in Passive Income Per Year

The Motley Fool

Warren Buffett's Berkshire Hathaway has captured the spotlight in recent weeks after reporting a substantial cut in its largest public equity holding, Apple. The move followed a 12.9% cut to Berkshire's Apple stake earlier this year. By selling a large portion of its Apple stock and not chasing hot growth stocks, Berkshire Hathaway is sending a warning to investors that Buffett views many stocks as overvalued.

Banks 245
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Falfurrias makes Jumo Health investment

Private Equity Wire

Charlotte-based middle-market private equity firm Falfurrias Management Partners has made an investment in clinical trials solution company Jumo Health. Jumo Health develops educational solutions that aim to improve health literacy to accelerate clinical trial enrollment and increase participant retention. According to a press statement, the Falfurrias investment will “bring new resources and expertise to the Jumo Health team, aimed at expanding the organisation’s core capabilities,

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2 Stock-Split Stocks to Buy Before They Soar 47% and 57%, According to Certain Wall Street Analysts

The Motley Fool

Smart investors pay attention to stock splits because they are often an indirect indicator of quality businesses. To elaborate, forward stock splits are only necessary after substantial and sustained share price appreciation, and that rarely happens to mediocre businesses. Not surprisingly, stocks that split tend to beat the S&P 500 (SNPINDEX: ^GSPC) , at least temporarily, according to Bank of America.

Banks 245
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Private markets assets to double public assets growth rate, could hit $65tn by 2032: Bain & Company

AltAssets

Private markets assets are set for a soaring few years of outgrowing public assets according to Bain & Company, which says AUM could reach up to $65tn by 2032. The post Private markets assets to double public assets growth rate, could hit $65tn by 2032: Bain & Company first appeared on AltAssets Private Equity News. The post Private markets assets to double public assets growth rate, could hit $65tn by 2032: Bain & Company appeared first on AltAssets Private Equity News.

Assets 88
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Big Oil Battle: ExxonMobil and Chevron Are Fighting Over This Oil-Rich Spot

The Motley Fool

ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX) are behemoths in the oil patch. The integrated oil giants have operations that span the globe and the entire oil sector value chain -- upstream, midstream, and downstream. While they're peers, they are also fiercely independent and competitive. They routinely benchmark their results against each other. Their competition isn't always friendly.

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Will M&A in Japan ever be the same?

Financial Times M&A

Plus, hedge funds retreat from the Magnificent Seven and how a giant German discount retailer stumbled into cloud computing

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What's Going on With ASML Stock?

The Motley Fool

Fool.com contributor Parkev Tatevosian evaluates the latest progress at ASML (NASDAQ: ASML). *Stock prices used were the afternoon prices of Aug. 19, 2024. The video was published on Aug. 21, 2024. Should you invest $1,000 in ASML right now? Before you buy stock in ASML, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and ASML wasn’t one of them.

Returns 243
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Lazarus AI Receives Investment from WaveFx

FinSMEs

Lazarus AI, a Cambridge MA-based document understanding company, received an investment from WaveFx, a New Bedford, MA based founding partnership company. The amount of the deal was not disclosed. The company intends to use the funds to expand operations and its development efforts. Lazarus AI builds explainable AI systems to help solve data challenges with […] The post Lazarus AI Receives Investment from WaveFx appeared first on FinSMEs.

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Is 30 Years Old Too Late to Start Saving for Retirement?

The Motley Fool

Image source: Getty Images When you get your first job, saving for retirement is probably the last thing on your mind. And if you're nearing 30 and you haven't started yet, it can be easy to panic. After all, some of the most common financial advice around retirement is that the earlier you can start, the better. And while it is true because of compound interest, that doesn't mean you've completely missed the opportunity to start.

Taxes 243