Sun.Jul 14, 2024

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Billionaire Elon Musk Gets to Destroy the International Space Station. Here's What Happens Next.

The Motley Fool

For nearly a decade, Russia has been threatening to exit the International Space Station and take its space station modules with it, depriving ISS of its ability to maneuver in orbit and compromising life support. Years of negotiations succeeded in convincing the Russians to stay longer than planned. Even so, in 2030, NASA says the International Space Station's service life will finally expire.

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A Balanced Portfolio Always Comes with Regrets

A Wealth of Common Sense

Here’s a scenario I was presented with recently: Five years ago, a relatively conservative investor was sitting on some cash and seeking a more balanced portfolio. To keep things simple, this investor split the difference between stocks and bonds by allocating 50% to equities and 50% to fixed income. Five years later there is a clear winner in terms of performance within this 50/50 portfolio: You basically doubled.

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7 Ways You Can Lose Some, or All, of Your Social Security Benefit

The Motley Fool

For most retirees, Social Security income is a necessity to make ends meet. Even though the average retired-worker benefit in May was only $1,916.63 (about $23,000 on an annualized basis), no social program pulls more seniors out of poverty each year than Social Security. Moreover, 23 years of annual surveys conducted by national pollster Gallup have found that 80% to 90% of retirees rely on their monthly Social Security check to cover at least some portion of their expenses.

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Google parent in talks to buy cyber security start-up Wiz for $23bn

Financial Times M&A

Acquisition of cloud specialist would be largest in Alphabet’s history

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Prediction: 4 Sub-$100 Billion Hypergrowth Stocks That Can Join Nvidia, Apple, and Microsoft as Trillion-Dollar Companies by 2040

The Motley Fool

Since Wall Street's major stock indexes bottomed out in October 2022, the floodgates have been wide open for optimists. The mature stock-driven Dow Jones Industrial Average , benchmark S&P 500 , and innovation-powered Nasdaq Composite have all rocketed to record-closing highs this year. However, the " Magnificent Seven " deserve most of the credit for lifting Wall Street to new heights.

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Questions you should be asking every client

Million Dollar Round Table (MDRT)

By Liz DeCarlo, MDRT Content Manager Ted Rusinoff, a 17-year MDRT member from Stow, Ohio, USA, can distill client meetings into three critical questions that will yield long-term results for both clients and advisors. He shared these questions in a ConneXion Zone presentation at the 2017 MDRT Annual Meeting: What do you own? Start by asking clients to look at what assets they have today.

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Solus Power Raises £22M Investment from Petra Equity Partners

FinSMEs

Solus Power, a London, UK-based provider of portable electric vehicle charging solutions, raised £22 million (US$28 million) in funding. Dubai, UAE-based Petra Equity Partners made the investment. The company intends to use the funds to accelerate the development of its battery technology. Established in 2020 and led by Chief Executive Officer Stas Leonidou, Solus Power […] The post Solus Power Raises £22M Investment from Petra Equity Partners appeared first on FinSMEs.

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Best Stock to Buy Right Now: Nike vs. Starbucks

The Motley Fool

When you think about iconic American brands, Nike (NYSE: NKE) and Starbucks (NASDAQ: SBUX) are likely to come to the top of your mind. Both companies have a long history of delivering outsized returns for shareholders, but 2024 has been a different story, with each stock down more than 20% year to date. Anytime a blue chip stock is down considerably, it's worth revisiting to determine whether it's a minor blip or a more significant downtrend.

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Bedal International Raises $11M in Funding

FinSMEs

Bedal International, a Diepenbeek, Belgium-based medical device company delivering next generation catheter securement solutions, closed an $11m funding round. The round was led by White Fund, and SFPIM, the sovereign wealth fund of Belgium, with participation from F3Finance and LRM. The management team of Bedal also contributed to this funding round.

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These 3 Blue Chip Dividend Stocks Make Up 24% of the Dow Jones Industrial Average. Here's My Top Pick.

The Motley Fool

Created in 1896, the Dow Jones Industrial Average is one of the best-known U.S. indexes. It is price-weighted, meaning its 30 components are weighted based on their stock prices rather than their market caps. This means that stock splits can have a major impact on the Dow. Microsoft (NASDAQ: MSFT) , UnitedHealth Group (NYSE: UNH) , and Goldman Sachs Group (NYSE: GS) are the three largest Dow components and all trade at over $460 a share.

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EBRD appoints Heike Harmgart as first Managing Director for Sub-Saharan Africa

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post EBRD appoints Heike Harmgart as first Managing Director for Sub-Saharan Africa first appeared on Africa Capital Digest.

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Forget Nvidia: 3 Artificial Intelligence (AI) Stocks to Buy Now

The Motley Fool

Nvidia has been the artificial intelligence (AI) stock to own over the past year and a half. However, the expectations built into the stock are mind-boggling and could spell disaster in the future. Yet AI is here to stay, and if you're looking to invest in this sector, I'd consider these stocks before considering Nvidia. Taiwan Semiconductor Taiwan Semiconductor Manufacturing (NYSE: TSM) makes many of the chips that go inside all the devices that power the incredible AI technology being used tod

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Angel fund Innovate Africa launches with an initial $2.5mln

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Angel fund Innovate Africa launches with an initial $2.5mln first appeared on Africa Capital Digest.

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Forget Nvidia: 1 Other Unstoppable Semiconductor Stock to Buy Instead

The Motley Fool

Artificial intelligence (AI) has captivated investors across the board. From large institutional financial services firms to smaller retail investors, AI is playing a big role in how money is moving nowadays. What's a little surprising, however, is that capital appears to be primarily concentrated in a small basket of mega-cap technology stocks. The " Magnificent Seven " is a term used to collectively describe the world's largest tech companies -- and unsurprisingly, all of them are disrupting A

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Harteveld joins Goodwell as investor relations head

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Harteveld joins Goodwell as investor relations head first appeared on Africa Capital Digest.

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Nvidia CEO Jensen Huang Sold $169 Million in Stock During the First Half of 2024. Time to Worry?

The Motley Fool

The stock leading the markets up this year, and really for the past two years, has been Nvidia (NASDAQ: NVDA) , which briefly became the most valuable company in the world in June before falling back to its close third-place position. As the stock made new highs, Nvidia CEO Jensen Huang, along with other Nvidia insiders, sold a substantial amount of stock in June -- and have continued selling this month.

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Sanari Capital makes follow-on investment in EduLife Group

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Sanari Capital makes follow-on investment in EduLife Group first appeared on Africa Capital Digest.

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Prediction: 3 Stocks That Will Be Worth More Than Apple 3 Years From Now

The Motley Fool

Apple (NASDAQ: AAPL) recently became the world's most valuable company again with a market cap of $3.57 billion. Its stock rallied more than 60% over the past three years, even as iPhone sales cooled off amid tougher macro and competitive headwinds. From fiscal 2023 (ended last September) to fiscal 2026, analysts expect Apple's revenue to grow at a compound annual growth rate (CAGR) of 5% as its earnings per share (EPS) rises at a CAGR of 10%.

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BII provides debt financing to remittances firm TerraPay

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post BII provides debt financing to remittances firm TerraPay first appeared on Africa Capital Digest.

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Is Eli Lilly a Good Dividend Stock to Buy Now?

The Motley Fool

Shares of Eli Lilly (NYSE: LLY) have more than doubled over the past 12 months, but Wall Street analysts who watch the big pharma company think it has more fuel in the tank. For example, J.P. Morgan recently raised its price target on Eli Lilly to $1,000 from $900, citing sales of Mounjaro and Zepbound that keep soaring. Eli Lilly will most likely report second-quarter earnings during the second week of August.

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Nala secures $40 million for its Series A

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Nala secures $40 million for its Series A first appeared on Africa Capital Digest.

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I Absolutely Prefer a Traditional IRA to a Roth IRA for Retirement Savings. Here's Why.

The Motley Fool

Are you saving for retirement? If so, then you already know there are plenty of ways to do so. Some of them are mutually exclusive. Others aren't. No matter which retirement savings choices you make, however, your ultimate goal is most likely the same as everyone else's. That's maximizing the size of your eventual nest egg. The funny thing is, your optimized savings strategy may look considerably different than many other people's.

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Oasis Capital Ghana holds first close for planned $100mln fund

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Oasis Capital Ghana holds first close for planned $100mln fund first appeared on Africa Capital Digest.

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A Bull Market Is Here. 2 Reasons to Buy Apple Stock Like There's No Tomorrow.

The Motley Fool

Apple 's (NASDAQ: AAPL) stock has popped 18% in the last month. Various factors have driven growth, such as a first look at its artificial intelligence (AI) platform Apple Intelligence, reports of increased product sales, and expectations that the Federal Reserve could soon lower interest rates (which would allow for lower borrowing costs). Data by YCharts.

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Agile Capital buys significant minority stake in Berry Astrapak

Africa Capital Digest

To read this article, you must be a paid subscription member. (Current members login here) [.] The post Agile Capital buys significant minority stake in Berry Astrapak first appeared on Africa Capital Digest.

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This Ridiculously Cheap Warren Buffett Stock Could Make You Richer

The Motley Fool

There are a few qualities that Warren Buffett is known to look for in a stock. It's known because he shares his investing wisdom freely, although he rarely explains his rationale for buying specific stocks. One of his holding company's ( Berkshire Hathaway ) less talked-about stocks is supermarket giant Kroger (NYSE: KR). But it's a classic Buffett stock and offers more than investors might realize.

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AusperBio Raises $37M in Series A Financing

FinSMEs

AusperBio Therapeutics, Inc. and Ausper Biopharma Co., Ltd. (collectively AusperBio), a clinical-stage biotechnology company with operations in the USA and China, closed a $37m Series A financing round. The round was led by existing investor, InnoPinnacle Fund, with participation from new investors including Yuanbio Venture Capital, Qiming Venture Partners, Hankang Capital, and Genesis Capital.

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2 Top Growth Stocks That Could Turn $1,000 Into $4,000 in 10 Years

The Motley Fool

Turning $1,000 into $4,000 in a decade by investing in stocks (or anything else) is no small feat. It requires a compound annual growth rate (CAGR) of almost 15%. For reference, the S&P 500 's CAGR in the past decade is 13.1%, and that's very high by historical standards. So, this task demands that an investor beat the market by some margin. Though equities that can pull that off aren't easy to find, they exist.

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KKR to Acquire Majority Ownership in Agiloft

KKR

Existing investor FTV Capital to invest additional capital in the Company NEW YORK & REDWOOD CITY, Calif.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”).

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You Can Grow Your Kid's College Fund This Year With This One Simple Trick

The Motley Fool

Image source: Getty Images You've spent all their lives saving for college, and you finally have a pretty hefty sum -- but now that interest rates are high enough to be worth considering, you wonder if there are more ways you could be growing your kid's college fund. My friend was in this pickle last year after getting a windfall from selling a rental property.

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Emera Completes Transaction to Transfer Equity Interest in Labrador Island Link

KKR

HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Inc. (“Emera”) (TSX:EMA) today announced the previously announced transaction where KKR would acquire Emera’s indirect minority equity interest in the Labrador Island Link (LIL), has closed effective today.

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Visa: Buy, Sell, or Hold?

The Motley Fool

Visa (NYSE: V) has historically been a wonderful investment. Since its initial public offering in 2008, shares have rocketed 1,750% higher. The business has rewarded investors much more than the broader S&P 500 would have. Today, Visa sports a massive $524 billion market cap. With this top financial stock about 10% off its peak price (as of July 10), is it a buy, sell, or hold for your portfolio?

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The Indo-Pacific Partnership for Prosperity, Global Infrastructure Partners and KKR Lead Creation of Coalition to Mobilize Infrastructure Investment in the Indo-Pacific Region

KKR

SINGAPORE – June 6, 2024 – Today the Indo-Pacific Partnership for Prosperity (IP3), Global Infrastructure Partners (GIP), and KKR announced the formation of a new coalition to catalyze infrastructure investment in the emerging market partner economies of the Indo-Pacific Economic Framework (IPEF). GIP and KKR will serve as co-chairs of the new initiative.

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Here's How Much You Should Have Invested for Retirement at Age 30

The Motley Fool

Have you recently begun your 30s? If so, then you already know it's a busy time of life. Career paths are often being established at this point in time. Children may be coming into the picture (if they're not already here). Perhaps a home purchase is in the works. Yet, the reality of an eventual retirement is also starting to loom on the horizon. It's a lot to think about, let alone pay for!

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