Wed.Jun 19, 2024

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If You'd Invested $10,000 in AT&T Stock 20 Years Ago, Here's How Much You'd Have Today

The Motley Fool

Investing in AT&T (NYSE: T) over the past two decades has delivered mixed results for long-term investors. Let's break down what a $10,000 investment in AT&T would look like today, starting in June 2004. 20-year results AT&T's stock price has not shown significant appreciation over the past 20 years. Your hypothetical $10,000 investment would be worth $9,752 today.

Investing 246
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Decagon Raises $35M in Seed and Series A Funding

FinSMEs

Decagon, a San Francisco, CA-based generative AI company empowering enterprise customer support, raised $35M in Seed and Series A funding. The Seed round was led by a16z and Series A was led by Accel with participation from A*, Elad Gil, and angels including Aaron Levie (CEO, Box), Howie Liu (CEO, Airtable), Matt MacInnis (COO, Rippling), Aaref […] The post Decagon Raises $35M in Seed and Series A Funding appeared first on FinSMEs.

Funds 109
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You Won't Believe How Much Credit Card Debt the Average American Has

The Motley Fool

Image source: Getty Images Take care when using credit cards. Only use them for purchases you can afford, and pay off your statement balance every month. Otherwise, you'll be charged interest fees. These can add up fast, resulting in costly credit card debt. Unfortunately, credit card debt is a growing problem for many Americans. Let's explore how much credit card debt the average American has and discuss the best strategies to tackle this type of debt.

Debt 246
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Kinderhook soars to $2.75bn for its new fund, almost 50% larger than its predecessor

AltAssets

Kinderhook Industries has scored a hefty fund size increase for its eighth flagship investment vehicle, which has just closed on $2.75bn. The post Kinderhook soars to $2.75bn for its new fund, almost 50% larger than its predecessor first appeared on AltAssets Private Equity News.

Funds 96
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Is This Amazon's Next $100 Billion Opportunity?

The Motley Fool

Amazon (NASDAQ: AMZN) has gone from a small online bookseller to the leading company in multiple markets, and it could have its eye on another $100 billion opportunity. Amazon's core e-commerce business already generates more than $300 billion in net sales per year. The run rate of its cloud computing platform, Amazon Web Services (AWS), surpassed $100 billion in the first quarter.

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European credit investor Sona almost triples debut Capital Solutions fund total with $800m Fund II close

AltAssets

European credit investor Sona Asset Management has soared past its original target for its sophomore fund to strike an $800m final close. The post European credit investor Sona almost triples debut Capital Solutions fund total with $800m Fund II close first appeared on AltAssets Private Equity News.

Capital 93

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Antares Capital closes $400m CLO

Private Equity Wire

Antares Capital has closed its third broadly syndicated loan collateralised loan obligation, Orion CLO 2024-3, securing $400m. Antares launched its first BSL CLO, CLO 2023-1, with $450m in October, and the second, CLO 2023-2, at the end of last year, also at $450m. Last March, Antares appointed Apex Credit Partners’s Andrew Stern as managing director, portfolio manager and trader for its liquid credit platform, which builds on its private credit CLO platform established in 2017.

Capital 93
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Is Nvidia Stock Going to $200 in the Wake of Its 10-for-1 Stock Split? 1 Wall Street Analyst Thinks So

The Motley Fool

It's impossible to ignore the effect artificial intelligence (AI) has had on the technology landscape over the past year or so, and Nvidia (NASDAQ: NVDA) has been the standard bearer. The company's chips are at the heart of the AI revolution, providing the computational horsepower that makes it all possible. This, in turn, has sent the stock soaring, up 215% over the past year.

Prospects 246
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GTIS Partners bring in veteran Liss to boost institutional fundraising

AltAssets

Global real estate investment firm GTIS Partners has expanded its US capital markets team by bringing in veteran LP relationship specialist Sharon Liss as a managing director. The post GTIS Partners bring in veteran Liss to boost institutional fundraising first appeared on AltAssets Private Equity News.

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2 Growth Stocks That Could Skyrocket in 2024 and Beyond

The Motley Fool

The stock market is roaring higher, and many growth stocks have benefited from this positive momentum. The S&P 500 index confirmed the bull market earlier this year when it reached a record -- and it's reached new records since. Even after the gains, some of this year's winning stocks still make great investments as they could climb further and their long-term prospects are bright.

Debt 246
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Searchlight and Ares commit £500m to RSK Group

Private Equity Wire

UK environmental consulting and engineering service provider RSK Group is set to receive a £500m preferred equity investment from a consortium led by Searchlight Capital Partners and Ares Management. The investment will contribute to the execution of RSK’s 2030 global strategy, which includes both organic growth initiatives and the continuation of its acquisition strategy, according to a company statement.

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Nvidia Investors Just Got Some Bullish News

The Motley Fool

There has been almost nothing but good news from Nvidia (NASDAQ: NVDA) over the past four quarters. Many investors might not recall that Nvidia's revenue actually declined 13% year over year in the first quarter of its fiscal 2024 (which ended April 30, 2023). Fast-forward to fiscal 2025's first quarter, when revenue exploded higher by more than 260% year over year.

Investors 246
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Hamilton Lane seals $5.6bn close for biggest fund in its history amid rising secondaries demand

AltAssets

Hamilton Lane has raised $5.6bn for the biggest fund in its history through the final close of its new flagship secondaries investment vehicle. The post Hamilton Lane seals $5.6bn close for biggest fund in its history amid rising secondaries demand first appeared on AltAssets Private Equity News.

Funds 89
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Is SoFi Technologies a Millionaire-Maker Stock?

The Motley Fool

SoFi Technologies (NASDAQ: SOFI) is an up-and-coming fintech company that aims to change the way Americans manage their finances. It's leading the charge toward a seamless, digital banking experience, and it has attracted millions of customers. But after SoFi stock soared in 2023, it's tanking this year. Is it in bargain territory now? And could adding it now help investors build a millionaire-maker portfolio?

Banks 246
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Deal Roundup: Leonard Green, Berkshire Partners completed $18.25bn SRS sale to Home Depot, Eurazeo buys into Marlin Equity-backed Rydoo

AltAssets

Leonard Green & Partners and Berkshire Partners have completed the $18.25bn sale of roofing products supply business SRS Distribution to trade major The Home Depot. Berkshire Partners invested in SRS in 2013, and sold a majority stake in the business to Leonard Green & Partners in 2018. Berkshire Partners managing director Josh Lutzker said, “Our […] The post Deal Roundup: Leonard Green, Berkshire Partners completed $18.25bn SRS sale to Home Depot, Eurazeo buys into Marlin Eq

Stakes 87
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Could Amazon Stock Help You Become a Millionaire?

The Motley Fool

Amazon (NASDAQ: AMZN) has become a giant in two high-growth markets -- e-commerce and cloud computing -- over the years, growing earnings into the billions of dollars. The company's share price has followed, proving itself as a top long-term investment as it's likely helped make many people millionaires. The stock has advanced more than 1,000% over the past decade, for example, meaning that those who held on over time won big.

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Hargreaves Lansdown backs £5.4bn private equity takeover

Private Equity Wire

The board of Hargreaves Lansdown, the UK’s largest investment platform, has said it is willing to “unanimously recommend” a £5.4bn takeover offer from a consortium of private equity firms led by CVC Capital Partners, according to a report by the Financial Times. In a press statement, Hargreaves Lansdown confirmed it has requested an extension for the private equity firms to formalise their offer beyond the original deadline set for Wednesday, in accordance with UK takeover regulations.

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These 3 Smartphone Apps Could Raise Your Car Insurance Premiums

The Motley Fool

Image source: The Motley Fool/Unsplash Usage-based car insurance has become increasingly common because it enables companies to personalize rates based on a driver's actual history, rather than the demographic factors they usually use. But many consumers remain wary of sharing their driving data with their insurance provider. These usage-based programs typically require a driver to opt in, but as it turns out, insurance companies may be able to get access to similar data from three apps you migh

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Vivriti AM launches $240m private credit fund for Indian SMEs

Private Equity Wire

Vivriti Asset Management will launch a new private credit fund aimed at investing in small and medium-sized enterprises in India, according to a report by Bloomberg. In a joint interview with Bloomberg and The Hindu Business Line, Vineet Sukumar, founder and managing director of Vivriti, said that the Chennai-based private credit firm plans to raise up to INR20bn ($240m) for its Diversified Bond Fund Series II, its third such vehicle.

Funds 85
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3 Social Security Secrets You Must Know Ahead of Retirement

The Motley Fool

There's a good chance Social Security will play an important role in your retirement finances. Of course, in an ideal world, you'll be coming in with savings of your own, too. But because Social Security guarantees you a monthly paycheck, it's important to know how to maximize those benefits. With that in mind, here are three Social Security secrets it pays to know in the course of your retirement planning. 1.

Education 246
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MIT-led VC firm raises $398m for third fund backing “tough tech”

Private Equity Wire

MIT’s early-stage venture capital firm The Engine Ventures has raised $398m for its third fund, the largest to date, bringing the firm’s total AUM to more than $1bn. Fund III will invest in climate, human health and advanced systems technology. It exceeded its 2020 predecessor, which raised $250m, of which 10% was invested by neighbouring Harvard as a limited partner.

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Adobe and Broadcom's Results Look Like Great News for the Rest of the Tech Sector

The Motley Fool

The current technology sector rally has been largely driven by Apple , Microsoft , and the semiconductor industry. Broadly speaking, the software industry has been lagging behind. However, Adobe 's (NASDAQ: ADBE) latest quarterly results show that its artificial intelligence (AI) investments are paying off. Meanwhile, Broadcom (NASDAQ: AVGO) is on track to generate over $50 billion in revenue this fiscal year -- a milestone for the chip company.

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Australian pension giant HESTA teams with Stafford Capital again with $250m PE co-invest mandate

AltAssets

Stafford Capital Partners has unveiled a new $250m private equity co-investment mandate with HESTA, the A$83bn Australian industry superannuation fund. The post Australian pension giant HESTA teams with Stafford Capital again with $250m PE co-invest mandate first appeared on AltAssets Private Equity News.

Capital 79
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Better Artificial Intelligence Stock: Nvidia vs. Amazon

The Motley Fool

Whether you're a casual investor or trade professionally, you're likely aware of the boom in the artificial intelligence (AI) market that has captivated Wall Street over the last year. The launch of OpenAI's ChatGPT toward the end of 2022 reinvigorated the industry and led countless companies to pivot their businesses toward AI. Excitement over the generative technology has led to companies across tech enjoying significant stock growth.

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Neuberger Berman passes $1bn for broader access, evergreen private equity co-invest fund

AltAssets

Neuberger Berman has surpassed $1bn in net asset for its NB Private Markets Access Fund, an evergreen private equity vehicle targeting direct dealmaking. The post Neuberger Berman passes $1bn for broader access, evergreen private equity co-invest fund first appeared on AltAssets Private Equity News.

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These Are My Favorite Accounts for Building a Millionaire Retirement

The Motley Fool

We all have favorites, right? Moonstruck is a favorite of mine, among movies, and Lonesome Dove is among my favorite books. I even have favorite investment accounts, ones that can make me -- and you -- a millionaire. Here's a look at my favorite account for me and perhaps you as well -- and another favorite that's suitable for most folks. Both offer excellent tax advantages.

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Buyout firm Carlyle to build Mediterranean oil and gas group

Financial Times M&A

Ex-BP boss Tony Hayward will run group after buyout firm acquires assets in Italy, Egypt and Croatia from Energean

Buyout 101
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2 Stock-Split Stocks You Can Confidently Buy Right Now, and 1 to Avoid

The Motley Fool

Volatility and uncertainty are something every investor has to contend with. Even though we're in a rip-roaring bull market right now, this decade began with all three major stock indexes trading off bear and bull markets in successive years (through 2023). For the longest time, when the going got tough on Wall Street, investors would seek out the safety of the FAANG stocks.

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DeepJudge Raises $10.7M in Seed Funding

FinSMEs

DeepJudge, a Zurich, Switzerland-based AI-driven legal search startup, raised $10.7M in Seed funding. The round was led by Coatue, with participation from angel investors such as Gokul Rajaram and Michele Catasta and existing investors Thomas Dübendorfer, Daniel Sauter, and Felix Ehrat. The company intends to use the funds to continue its expansion and scale the […] The post DeepJudge Raises $10.7M in Seed Funding appeared first on FinSMEs.

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Better Stock Split Buy: Nvidia Stock vs. Broadcom Stock

The Motley Fool

Fool.com contributor Parkev Tatevosian compares Nvidia (NASDAQ: NVDA) to Broadcom (NASDAQ: AVGO) to determine the better long-term investment. *Stock prices used were the afternoon prices of June 15, 2024. The video was published on June 17, 2024. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, 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 Nvidia wasn’t one of them.

Returns 245
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forward earth Raises EUR 3.2M in Funding

FinSMEs

forward earth, a Berlin, Germany-based AI-powered environmental software company, raised EUR 3.2M in funding. The round was led by Speedinvest, along with Revent, Lucid Capital, Anna Alex and Benedikt Franke. In addition to the EUR2M pre-seed funding from private investors, forward earth has also raised EUR1.2 M in funding from the European Union (EFRE).

Funds 70
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4 Reasons to Buy Celsius Stock Like There's No Tomorrow

The Motley Fool

By disrupting the energy drink duopoly owned by Red Bull and Monster , functional energy drink upstart Celsius (NASDAQ: CELH) has grown to account for 11.5% of its industry's U.S. sales -- becoming the only new brand to reach this mark in the last decade. Now firmly the No. 3 brand in the energy drink space, Celsius is larger than the No. 4 and No. 5 labels combined.

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Jogo Health Closes $5.5M Funding Round

FinSMEs

Jogo Health, a NYC-based medtech company treating chronic pain and neuromuscular disorders, raised $5.5M in funding. The round was led by Hourglass Ventures. Due to high demand, the company is opening the round to public retail investors via a Regulation CF community investment round on Wefunder, inviting retail investors to join alongside firms like Mayo […] The post Jogo Health Closes $5.5M Funding Round appeared first on FinSMEs.

Funds 70
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Prediction: Nvidia, Now the World's Most Valuable Company, Will Hit a Market Cap of $5 Trillion by 2026

The Motley Fool

Nvidia (NASDAQ: NVDA) made history on Tuesday, sailing past Microsoft to become the world's most valuable company, with a market cap of $3.335 trillion. The stock has been on a meteoric rise over the past 18 months, soaring 8,280% since the start of 2023 (as of this writing). Nvidia has been riding the wave of accelerating adoption of artificial intelligence (AI), providing the graphics processing units (GPUs) that are the gold standard for powering the systems responsible for AI training and in

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