Mon.Aug 12, 2024

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Will Palantir Be Worth More Than Microsoft by 2050?

The Motley Fool

Palantir Technologies (NYSE: PLTR) has taken investors on a wild ride since its public debut in September 2020. The data mining company went public through a direct listing, and its shares opened at $10 before setting a record high of $39 the following January. At the time, Palantir impressed the bulls with its rapid growth rates and ambitious plans of becoming the "default operating system for data across the U.S. government.

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Catastrophizing Debt

The Big Picture

I’m deep in my book writing work discussing federal debt when I see a tweet that simply epitomizes the entire genre. Full disclosure: My priors on federal debt are that I don’t know where the line of too much should be drawn, but I do know that none of the terrible things we were warned about over the past 50 years due to excess debt have come to pass.

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Move Over, Nvidia and Broadcom: Wall Street Has a New Artificial Intelligence (AI) Stock-Split Stock

The Motley Fool

For the last three decades, Wall Street and investors have pretty much always had a next-big-thing technology, innovation, or trend to latch onto. What's uncommon is for there to be two trends vying for attention at the same time, which is what's going on right now. Since 2023 began, the rise of artificial intelligence (AI) has captivated Wall Street.

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Pexco LLC Acquires Precise Aerospace Manufacturing, Inc.

Private Equity Professional

Pexco , an Odyssey Investment Partners portfolio company, has acquired Precise Aerospace Manufacturing. Precise Aerospace Manufacturing (PAM) is a company specializing in injection, compression, and transfer molded plastics, CNC machining, assembly, and contract manufacturing services. The company’s operating capabilities include tight-tolerance custom molding of high-performance engineered thermoplastic materials such as PEEK, Torlon, Ultem, and Ryton.

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Can NIO Succeed Where Rivals Have Failed? So Far, So Good.

The Motley Fool

NIO (NYSE: NIO) , a leading Chinese electric vehicle (EV) manufacturer, is putting a smile on investors' faces as the company is hitting two birds with one stone. The company is succeeding where rivals have failed, and at the same time it's creating a valuable competitive advantage in the world's largest electric vehicle market, China. Let's dive into NIO's recent battery swap milestone, and why it's so important for investors going forward.

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Gaussion Raises $12M in Series A Funding

FinSMEs

Gaussion, a London, UK-based provider of a novel solution that enhances battery performance, raised $12M in Series A funding. The round was led by Autotech Ventures with participation from BGF and UCL Technology Fund. The company intends to use the funds to enable its market entry which includes producing and selling its products and potentially […] The post Gaussion Raises $12M in Series A Funding appeared first on FinSMEs.

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3 Little-Known Perks of Having a High Credit Score

The Motley Fool

Image source: Getty Images Having a high credit score might not buy you happiness. But it sure can make your financial life easier -- in some cases, a lot cheaper, too. Most credit score models range from 300 to 850, with scores 740 or above considered very good. If your credit score is above 740, you meet the score requirements to qualify for most loan products and credit cards.

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A Big Social Security Shake-Up Is Coming in 2025. Are You Prepared?

The Motley Fool

Although Social Security has been around for many decades, the program's rules are subject to change. And that makes sense. Social Security needs to be able to adjust for inflation in several regards. And in 2025, a number of key changes are likely to arrive that could impact retirees and workers alike. Here are some of the most notable shifts to prepare for now.

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Cosine Raises $2.5M in Funding

FinSMEs

Cosine, a London, UK- and San Francisco, CA-based human-like, autonomous AI software developer, raised $2.5M in funding. The round was led by Uphonest and SOMA Capital, with participation from Lakestar, Focal, and others. The company intends to use the funds to expand operations and its development efforts. Founded in 2022, by Alistair Pullen, Sam Stenner and Yang Li, Cosine […] The post Cosine Raises $2.5M in Funding appeared first on FinSMEs.

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Forget Side Hustles. Focus on These Passive Income Streams Instead

The Motley Fool

Image source: Getty Images Millions of Americans rely on side hustles to keep themselves afloat financially. There are all kinds of statistics out there, but data from Zapier shows about 40% of people have some kind of side hustle. On average, they spend over 13 hours a week on their extra jobs. If you have a side hustle because you're worried about your bank or brokerage account balance, good for you.

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Aleph Zero Launches Its EVM-Layer on Mainnet

FinSMEs

Zug, Switzerland, 12th August 2024, Chainwire The post Aleph Zero Launches Its EVM-Layer on Mainnet appeared first on FinSMEs.

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Prediction: This CEO of a Boeing and Lockheed Joint Venture Sees Billions of Dollars in His Future

The Motley Fool

In November 2024, Tory Bruno, CEO of space giant United Launch Alliance (ULA), had reason to be thankful. Several years prior, Bruno had promised investors he would lower the cost of rockets manufactured by ULA, a joint venture between Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) , and price ULA rocket launches competitively with rockets launched by SpaceX.

Investors 246
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Kano Therapeutics Raises $5M in Seed Funding

FinSMEs

Kano Therapeutics, a Cambridge, MA-based biotechnology company advancing single-stranded DNA (ssDNA) as a flexible biomolecule for gene insertions, raised $5M in Seed funding. The round, which brought the total amount to $7.1M, was led by The Engine Ventures and VSquared Ventures with participation from Taihill Venture and Metaplanet. The company intends to use the funds to develop its good laboratory […] The post Kano Therapeutics Raises $5M in Seed Funding appeared first on FinSMEs.

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3 All Too Common Medicare Mistakes Retirees Make

The Motley Fool

Millions of older Americans get their health coverage through Medicare. And whether you're first gearing up to enroll or have been on Medicare for years, it's important to know how to make the most of those benefits. Unfortunately, not everyone is well-versed in how Medicare works. And that could lead to confusion and some poor choices. With that in mind, here are a few big Medicare mistakes you should make every effort to avoid.

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Why Indian billionaire Sunil Bharti Mittal reconnected with BT

Financial Times M&A

UK telco used to own 21 per cent of Bharti’s group. The roles are now reversed.

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Some Americans Are Already Done Paying Social Security Tax for the Year. Here's Why.

The Motley Fool

The Social Security benefits program is funded by a payroll tax. Specifically, the government collects a 12.4% tax on wages to pay for retirement benefits. The government also collects a 2.9% tax to fund Medicare. Self-employed individuals pay these entire amounts themselves, while those who have traditional jobs pay half of that amount, and their employer covers the other half.

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Talk Your Book: Back to the Futures Market

A Wealth of Common Sense

Today’s Talk Your Book is brought to you by : See here to learn more about the KraneShares Mount Lucas Managed Futures Index Strategy ETF On today’s show, we discuss: An intro to managed futures How managed futures work within a portfolio How to explain the use of managed futures to end clients How flows have been dependent on the market environment The inception of the Mount Lucas Management (MLM) Index Li.

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Forget Nvidia: 2 Artificial Intelligence (AI) Stocks to Buy After the Market Sell-Off

The Motley Fool

With the market down after a sell-off, some of the high-flying artificial intelligence (AI) stocks that used to be out of reach for most investors are starting to look more attractive. However, I'm unsure if Nvidia has become cheap enough to warrant an investment. Instead, I'm looking at two other companies that appear to be great buys amid the sell-off: Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Meta Platforms (NASDAQ: META).

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Janus Henderson expands private credit footprint with stake in $6bn boutique

Financial Times M&A

Asset manager’s investment in alternatives firm Victory Park Capital underscores growing investor demand

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4 Reasons to Buy Dutch Bros Stock Like There's No Tomorrow

The Motley Fool

Upstart coffee and hand-crafted beverages chain Dutch Bros (NYSE: BROS) released its earnings report on Aug. 7. The company grew sales and adjusted earnings per share (EPS) by 30% and 46%, respectively, topping analysts' expectations. Despite these impressive results, the market sent Dutch Bros' stock down roughly 21% as the company admitted that its new store openings would be closer to the lower end of its 150- to 165-shop count in 2024.

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Lincoln Private Market Index Rises in Second Quarter

Private Equity Professional

The Lincoln Private Market Index (LPMI), which tracks changes in the enterprise value of privately held companies in the United States, increased by 1.9% during the second quarter of 2024 as the index reached a new high. As has been the case in most quarters since the index’s inception, the index’s growth was primarily driven by positive financial performance rather than multiple expansion.

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Is SoundHound AI Stock an Excellent Investment?

The Motley Fool

Fool.com contributor Parkev Tatevosian answers if SoundHound AI (NASDAQ: SOUN) stock is a buy after it reported a quarterly investor update. *Stock prices used were the afternoon prices of Aug. 8, 2024. The video was published on Aug. 10, 2024. Should you invest $1,000 in SoundHound AI right now? Before you buy stock in SoundHound AI, 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 SoundHound AI wasn

Investing 246
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Wynnchurch Buys ORS Nasco from OEP

Private Equity Professional

Wynnchurch Capital has acquired ORS Nasco , a North American wholesale distributor of industrial maintenance, repair, and operations (MRO) supplies, from One Equity Partners. ORS Nasco serves distributors throughout the United States and has more than 190,000 SKUs of products sourced from more than 250 OEMs. The company’s products span several categories, including safety, hand tools, chemicals, and welding supplies.

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Forget Minimum Car Insurance: Here's How to Get Better Coverage Without Paying a Lot More

The Motley Fool

Image source: Getty Images Drivers can't legally get behind the wheel without some car insurance , with each state setting its own minimum requirements. These limits tend to be quite low -- potentially too low to cover the full cost of severe accidents -- but they can still cost drivers hundreds of dollars per year. This is a challenge for those already struggling with car insurance premiums that have shot up dramatically over the last few years.

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VXI Capital bags $50m for its inaugural fund

AltAssets

VXI Capital, a company founded by the former CTO of the Defence Intelligence Unit, has managed to secure $50m for its inaugural fund. The post VXI Capital bags $50m for its inaugural fund first appeared on AltAssets Private Equity News. The post VXI Capital bags $50m for its inaugural fund appeared first on AltAssets Private Equity News.

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Mortgage Rates Just Plunged. Is It Time to Refinance?

The Motley Fool

Image source: Getty Images The average 30-year mortgage rate plunged to 6.47% last week -- its lowest level since mid-2023. The short explanation is that recent economic data has been weaker than expected, and this increases the possibility that the Federal Reserve will start lowering benchmark interest rates. In any event, this is significantly lower than the average mortgage rate of just a week prior and is sharply below the 7.79% peak we saw last fall.

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SPE Capital acquires OMOA Group from Adenia 

Private Equity Wire

Adenia, a private equity firm focused on growth opportunities in Africa, has sold its stake in payments service provider OMOA Group to SPE Capital, a private equity firm focused on the Middle East and Africa. The transaction marks the eighth and final exit for Adenia’s €96m fund Adenia Capital III, which is now fully liquidated. Founded in 1999, OMOA provides ATM Installation, ATM maintenance and software solutions, as well as processing and card personalisation, serving West and Central Franco

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Plug Power's Problems Persist. Should Investors Throw in the Towel on the Stock?

The Motley Fool

The problems that have plagued Plug Power (NASDAQ: PLUG) persisted in its second quarter as the company once again posted poor results. The stock has lost about 80% of its value in the past year. Let's take a closer look at the issues the company is facing and whether it has an opportunity to stage a turnaround. Plug Power's problems The biggest issues facing Plug Power are negative gross margins and cash outflows.

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SFERS allocates $130m to private equity and private credit

Private Equity Wire

The San Francisco City & County Employees’ Retirement System will invest $130m in new private equity and private credit commitments, according to a report from CEO/CIO Alison Romano included in the materials for its upcoming board meeting on 14 August. The $36.1bn pension fund has allocated $75m to Fortress Credit Opportunity Fund VI, an opportunistic credit fund managed by Fortress Investment Group.

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5 Major Bank Account Scams and How to Avoid Them

The Motley Fool

Image source: Getty Images Scammers have always existed, but they seem to multiply during periods of inflation. While inflation may be cooling, scammers are heating up, looking for new and different ways to separate you from the cash in your savings or checking account. Here, we'll touch on five major scams -- the greatest hits, if you will. More importantly, we'll also share how to avoid being scammed. 1.

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New Catalyst makes key new hires

Private Equity Wire

New Catalyst Strategic Partners, an alternative investment firm focused on acquiring economic interests and minority ownership stakes in private investment firms, has added Ali Gray, Alice Wang and Curtis Yasutake to its team. The firm has also announced the addition of Monica Davis as Operating Partner. Gray, who has joined as Head of Investor Relations, has over 10 years of experience working in the private equity and asset management industries.

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Costco's Newest Store Concept Could Change the Way You Shop There

The Motley Fool

Image source: Getty Images Many of us are used to going to Costco and loading up on items like groceries, cleaning products, and paper towels. You might even pick up some apparel, or perhaps a laptop if you have a need for one. But Costco's inventory isn't limited to household items you can take home with you in your car. The warehouse club giant also sells a wide range of furniture (both indoor and outdoor) as well as major appliances.

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Valor closes oversubscribed Flagship Growth Fund VI at $2.35bn

Private Equity Wire

Valor Equity Partners, an operational growth-focused private equity investment firm with $17.5bn in assets under management, has held the final closing of its flagship fund, Valor Equity Partners VI at $2.35bn, surpassing its original $2bn target. The fund received strong support from existing and new limited partners, including public pension plans, sovereign wealth funds, multinational corporations, family offices, endowments, foundations, and high net worth investors.

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2 Reasons to Be Bullish About Alibaba Stock

The Motley Fool

It's been frustrating for investors in Alibaba (NYSE: BABA) stock. After peaking in 2020 at $306, it has gone nowhere but down, trading at just $77 as of writing. Most investors have avoided the stock as the company undergoes multiple internal and external challenges, including competition, slower growth, and geopolitical tensions. Still, investors with a longer horizon might want to focus not only on the downsides but also the opportunities.

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Lazard taps Guggenheim MD for PE dealmaking

Private Equity Wire

Lazard has recruited Courtney Haydon from Guggenheim Securities as Managing Director to enhance its private equity and alternative asset management dealmaking capabilities, according to a report by Reuters. The report cites an unnamed source familiar with the matter as revealing that Haydon will join Lazard’s financial sponsors coverage group in the coming months.

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Prediction: 2 Stocks That Will Be Worth More Than Microsoft 10 Years From Now

The Motley Fool

Microsoft is the second-largest company in the world with a market cap of just under $3 trillion as of this writing. The tech giant has managed to reach this position thanks to its solid presence across multiple applications such as cloud computing, its popular Windows operating system, and workplace collaboration tools. Lately, artificial intelligence (AI) has turned out to be another solid growth driver for Microsoft, contributing to an acceleration in the company's growth in recent quarters.

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Alameda County Pension to streamline private credit continuation fund rollovers

Private Equity Wire

The Alameda County Employees Retirement Association is proposing a new policy to streamline the process for rolling its private credit investments into continuation funds, according to a report by Buyouts Insider. At an investment committee meeting on 7 August, ACERA proposed granting its private credit investment staff more authority to transition existing assets into continuation funds, following recommendations from the pension scheme’s financial consultant.

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