Thu.Jul 11, 2024

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5 Small Business Ideas to Start This Summer

The Motley Fool

Image source: Getty Images Starting a business can be the first step toward becoming your own boss, paying off debt, or finding more cash to put in your investment account. But figuring out what type of business to start can be overwhelming. For starters, there are so many different options. Plus, a lot of business ideas sound good but also require a large investment in start-up costs.

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Madison River Acquires JDC Power

Private Equity Professional

Madison River Capital has acquired JDC Power Systems , an electrical systems integrator exclusively serving the data center market. JDC specializes in providing medium and low voltage electrical distribution equipment and custom control systems, primarily to data centers across North America. The company’s power and control products are sourced from major manufacturers including Siemens, Hitachi ABB, and Wonderware.

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What AMD, Nvidia, and TSM Stock Investors Should Know About Recent Semiconductor Updates

The Motley Fool

In today's video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA) and other semiconductor companies. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of July 9, 2024. The video was published on July 9, 2024. Should you invest $1,000 in Nvidia right now?

Investors 246
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O2 Buys Five, Becomes the Pool Boy King of New York and New Jersey

Private Equity Professional

O2 Investment Partners has formed a new pool services platform and has closed on its first five acquisitions. The working name for O2’s new platform is Total Pool Care Network (TPCN). However, it will be branded under a new name within the next few months. TPCN’s five newly acquired companies are New Jersey-based The Aqua Doctor and Gorlin Pools and Spas , and New York-based Chaikin Ultimate Pools , Cool Pool & Spa , and Rainbow Pools.

Debt 130
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2 Artificial Intelligence (AI) Stocks to Buy Hand Over Fist Before They Soar by More Than 100%, According to Consensus Wall Street Estimates

The Motley Fool

Since the launch of OpenAI's famous chatbot ChatGPT, artificial intelligence (AI) seems to have taken the world by storm. AI technologies are being increasingly adopted across a host of industries including automotive, healthcare, finance, and retail to improve operational efficiencies, productivity, decision-making, and overall customer experience.

Capital 246
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Alliance Consumer Growth Closes Fifth Fund

Private Equity Professional

Alliance Consumer Growth (ACG) has closed Alliance Consumer Growth Fund V LP with $160 million in capital commitments. As with its predecessor funds, Fund V will invest in fast-growing, “rising star” brands in the food, beverage, personal care, beauty, pet and apparel categories. Since 2011, ACG has invested in many high-growth consumer and retail companies, eight of which subsequently had notable exit events. “We’re very proud of our current and past partner brands, grat

Funds 100

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Truelink Closes Oversubscribed Inaugural Fund

Private Equity Professional

Truelink Capital Management has held a final close of its inaugural fund, Truelink Capital I LP , with limited partner commitments of $875 million, exceeding its target of $600 million and its original hard cap of $750 million. Limited partners in Fund I include pension plans, foundations, insurance companies, financial institutions, family offices and consultants.

Funds 100
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Forget Nvidia: These 2 Artificial Intelligence (AI) Stocks Are Expected to More Than Double Investor's Money, According to Select Wall Street Analysts

The Motley Fool

When the internet started to become mainstream three decades ago, the growth arc for businesses in America and around the globe completely changed. After decades of patiently waiting, Wall Street and investors have identified what they believe is the next breakthrough innovation that's going to alter the growth trajectory for corporate America: artificial intelligence (AI).

Investors 246
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Buildots Receives $15M Investment From Intel Capital

FinSMEs

Buildots, a Santa Clara, CA-based AI construction software company, raised $15M in funding. The round was led by Intel Capital with participation from OG Tech Partners and previous investors. In conjunction with the financing, Lisa Cohen, Investment Director at Intel Capital, will join as a board observer. The company intends to use the funds to expand […] The post Buildots Receives $15M Investment From Intel Capital appeared first on FinSMEs.

Capital 109
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Brookfield Renewable Just Made a Game-Changing Move. Here's What You Need to Know.

The Motley Fool

Brookfield Renewable (NYSE: BEPC) (NYSE: BEP) is no stranger to making acquisitions. The leading global renewable energy producer has made several over the past couple of years. Those deals have the company on track to generate meaningful earnings growth again in 2024. The company just made another game-changing move. It's buying French renewable energy developer Neoen in a $6.5 billion deal.

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Switchee Raises £5M in Funding

FinSMEs

Switchee, a London, UK-based social housing technology provider, raised £5m in funding. Backers included Octopus Ventures, and existing investor AXA IM Alts. This announcement follows Switchee securing in May 2023 a £6.5 million investment financing led by AXA IM Alts. Led by Tom Robins, Chief Executive Officer, and Adam Fudakowski, Founder and Executive Director, Switchee […] The post Switchee Raises £5M in Funding appeared first on FinSMEs.

Funds 109
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Here's Why I Rejected the FIRE Movement -- and How I'm Approaching Retirement Planning Instead

The Motley Fool

I've never really been the type of person to embrace fads or trends. When my childhood friends were doing everything humanly possible to poof up their hair back in the '80s, I was pulling mine into a ponytail and calling it a day. And when the grunge movement took over in the '90s, I refused to spend my after-school hours listening to depressing music or limit my wardrobe to ripped jeans and oversized flannels.

Companies 245
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Fireworks AI Raises $52M in Series B Funding

FinSMEs

Fireworks AI, a Redwood City-based genAI inference platform provider, raised $52M in Series B Funding, valued at $552M. The round, which brought the total capital raised to $77M, was led by Sequoia Capital, with participation from NVIDIA, AMD, and MongoDB. Previous investors include Benchmark, Databricks Ventures, former Snowflake CEO Frank Slootman, former Meta COO Sheryl […] The post Fireworks AI Raises $52M in Series B Funding appeared first on FinSMEs.

Funds 107
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Microsoft and Apple Are Rock-Solid Dow Dividend Stocks, but So Are These 3 Blue Chip Stocks That Paid a Combined $29 Billion in Dividends Over the Last Year

The Motley Fool

The Dow Jones Industrial Average is home to 30 blue chip companies -- many of which pay dividends. Dow components Microsoft and Apple may not have the highest yields, but they are so massive that they have some of the highest dividend expenses among U.S.-based companies. JPMorgan Chase (NYSE: JPM) , UnitedHealth Group (NYSE: UNH) , and Home Depot (NYSE: HD) are three industry-leading Dow components that paid a combined $29 billion in dividends over the last year.

Banks 245
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How Much Money You Need For Retirement

A Wealth of Common Sense

A reader asks: On this week’s episode, you guys mention that nobody uses the 4% rule. I have been tracking my annual expenses for the last few years and multiplying it by 25 as a ballpark figure of what I need to retire. Is this not a good way to estimate? If not, what do you suggest? Sorry if this is a dumb question, but yes, I have read this in a lot of blogs.

Financing 102
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Why QuantumScape Stock Charged Higher Today

The Motley Fool

QuantumScape (NYSE: QS) and Volkswagen today announced a new deal that has the electric vehicle (EV) battery start-up's stock soaring. The news pushed QuantumScape shares higher by as much as 34% Thursday morning. As of 11:05 a.m. ET, the stock was still trading up by 29.2%. A potential EV battery game changer The two companies aren't strangers. Volkswagen was an early investor in QuantumScape hoping that it can successfully commercialize the solid-state battery technology it is developing.

Returns 245
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Deal Roundup: TA takes Vastu Housing stake, Main Capital commits to DevOps specialist Flexagon

AltAssets

TA Associates has made a strategic growth investment in Vastu Housing Finance, a pan-Indian diversified lending institution. The company, which was founded in 2015, has become one of the biggest affordable housing finance players in India, targeting bankable but under-served self-employed customers across semi-urban and rural areas of the country. Main Capital Partners has further […] The post Deal Roundup: TA takes Vastu Housing stake, Main Capital commits to DevOps specialist Flexagon fi

Stakes 91
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2 Soaring Stocks I'd Buy Now With No Hesitation

The Motley Fool

One of the more difficult tasks in investing can be convincing yourself to buy a stock that has already been on a big run. Buying a stock when it's near an all-time high, or even a 52-week high, requires investors to clear a psychological hurdle. This makes intuitive sense, at least at first. If a stock is already up by a lot, it's easy to imagine that we've missed all the gains.

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Biotech VC major Flagship Pioneering picks up $3.6bn of new fund capital, eyes AI future

AltAssets

Biotech-focused venture capital investor Flagship Pioneering has raised $3.6bn of new fund capital focused on breakthrough companies in human health, sustainability and artificial intelligence. The post Biotech VC major Flagship Pioneering picks up $3.6bn of new fund capital, eyes AI future first appeared on AltAssets Private Equity News.

Capital 88
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2 Vanguard Dividend ETFs to Buy Now

The Motley Fool

Dividend stocks have proven to be enduring powerhouses of wealth creation. Since 1960, an astounding 85% of the S&P 500 's total returns can be attributed to reinvested dividend payments and the magic of compounding. While growth stocks have hogged the spotlight since 1995, savvy investors know that sprinkling in top-tier dividend stocks -- or better yet, dividend-focused exchange-traded funds (ETFs) -- can provide a robust foundation for long-term performance.

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Private debt will be first asset class to be tokenised and routinely traded, says GDF

Private Equity Wire

Major financial institutions believe private debt will be the first asset to be tokenised and routinely traded digitally, according to new global research conducted by industry association Global Digital Finance. A study of finance firms in the US, Asia, Europe (including the UK) and the Middle East responsible for more than $221.75bn assets under management found 70% identified private debt as the first asset to be tokenised and routinely traded ahead of 62% saying Money Market funds.

Debt 72
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Prediction: This Will Be the Top Performing "Magnificent Seven" Stock to End 2024

The Motley Fool

The "Magnificent Seven" is a group of companies that led the market since 2023: Microsoft (NASDAQ: MSFT) Nvidia (NASDAQ: NVDA) Apple (NASDAQ: AAPL) Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) Amazon (NASDAQ: AMZN) Meta Platforms (NASDAQ: META) Tesla (NASDAQ: TSLA) Other than Tesla, which is basically flat year to date, this group is having a fairly strong 2024.

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Soda Raises $14M in Funding

FinSMEs

Soda, a NYC-based AI-enabled data quality company, raised $14M in funding. Backers included Singular and Point Nine. The company intends to use the funds to further build its global team, expanding its headquarters with experienced go-to-market talent to continue its growth in North America. Led by CEO Maarten Masschelein, Soda is the AI-enabled data quality […] The post Soda Raises $14M in Funding appeared first on FinSMEs.

Funds 67
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Why AI Stocks Broadcom, Meta Platforms, and Intel Were Down Today

The Motley Fool

Shares of most big tech names and AI beneficiaries, including Broadcom (NASDAQ: AVGO) , Meta Platforms (NASDAQ: META) , and Intel (NASDAQ: INTC) were down on Thursday, falling 3.1%, 3.8%, and 4.2%, respectively, as of 1 p.m. ET. The across-the-board declines in some AI winners could happen for any number of reasons, such as bad news on the AI investment front, or a marketwide pullback.

Returns 236
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Element Biosciences Raises Over $277M in Series D Funding

FinSMEs

Element Biosciences, a San Diego, CA-based developer of technologies to empower science, raised over $277M in Series D funding. The round, which brought the total amount to over $680M, was led by Wellington Management with participation from new and existing investors, including Samsung Electronics, Fidelity, Foresite Capital, funds and accounts advised by T.

Funds 67
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Warren Buffett Recommends This Magnificent Index Fund. It Could Turn $500 Per Month Into $986,900

The Motley Fool

Warren Buffett is one of the most accomplished businessmen in American history. Under his leadership, Berkshire Hathaway returned 19.8% annually to shareholders between 1965 and 2023, nearly doubling the return of the S&P 500 (SNPINDEX: ^GSPC). Meanwhile, Buffett amassed a fortune worth more than $127 billion. Most of that money is invested in Berkshire Hathaway , but Buffett has never recommended the stock.

Funds 189
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3Daughters Raises $4.7M in Seed Funding

FinSMEs

3Daughters, a Mansfield, MA-based clinical development company fueling evolutionary healthcare for women, raised $4.7M in Seed funding. Backers included Thairm Bio, Argosy Foundation, Wexford Science and Technology, LLC, UMass Amherst, and new undisclosed investors. Previously, the company had announced the close of the first tranche of this financing round, exceeding $2M.

Funds 67
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3 Habits of Frequent Travelers Who Always Fly Business Class

The Motley Fool

Image source: Getty Images It's been said that the biggest downside of flying business class is that you'll never want to go back to economy. That was definitely my experience. After my first international flight in a business-class seat, I wanted to have that every time. Always flying business class probably seems expensive. These seats usually cost several times more than economy.

Taxes 246
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Regard Raises $61M in Series B Funding

FinSMEs

Regard, a Los Angeles, CA-based AI-powered clinical insights platform for clinicians, raised $61M in Series B funding. The round was led by Oak HC/FT, with participation from Cedars-Sinai Health Ventures, as well as existing investors TenOneTen Ventures, Calibrate Ventures, and Techstars. The company intends to use the funds to accelerate product development with their core […] The post Regard Raises $61M in Series B Funding appeared first on FinSMEs.

Funds 67
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2 Popular Artificial Intelligence (AI) Stocks to Sell Before They Plunge 64% and 67%, According to Certain Wall Street Analysts

The Motley Fool

Enthusiasm about artificial intelligence (AI) has pushed the S&P 500 (SNPINDEX: ^GSPC) to dozens of record highs in 2024. Palantir Technologies (NYSE: PLTR) and Arm Holdings (NASDAQ: ARM) have benefited greatly from that momentum, notching year-to-date gains of 61% and 145%, respectively. However, some Wall Street analysts think the stocks have gotten ahead of themselves.

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Sparq Acquires Amplify Consulting Partners

FinSMEs

Sparq, an Atlanta, GA-based provider of outsourced digital engineering for technology driven and Fortune 1000 companies, acquired Amplify Consulting Partners, a Seattle, WA-based data-first consulting firm. The amount of the deal was not disclosed. With the acquisition, Sparq will expand its offerings. Amplify is a data-first consulting firm used by Fortune 500 businesses to deliver […] The post Sparq Acquires Amplify Consulting Partners appeared first on FinSMEs.

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Rivian's R1T Continues to Impress

The Motley Fool

In the electric vehicle (EV) industry, which is currently facing a slowdown in U.S. sales growth, it's more important than ever to understand how consumers are feeling about specific vehicles. In fact, more than 4 out of 10 U.S. owners of EVs who responded to a recent McKinsey & Co. survey said they are planning to buy traditional combustion-engine vehicles for their next automotive purchases.

Returns 183
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Heartbeat Health Receives Growth Investment From Cressey & Company

FinSMEs

Heartbeat Health, a NYC-based cardiovascular care company, received a growth investment by Cressey & Company. Existing investors including.406 Ventures, Echo Ventures, Kindred Ventures and Optum Ventures, invested alongside Cressey. The amount of the deal was not disclosed. The company intends to use the funds to enhance its clinical offering and care team, while expanding […] The post Heartbeat Health Receives Growth Investment From Cressey & Company appeared first on FinSMEs.

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Why Nike Stock Plunged 31% in the First Half of 2024

The Motley Fool

Shares of athletic apparel company Nike (NYSE: NKE) plunged 30.6% in the first half of 2024, according to data provided by S&P Global Market Intelligence. When taking out just two days of trading, the stock would have been roughly flat for the six-month period. But it reported financial results twice. And the stock took a hit both times, dropping it below the 14.5% return for the S&P 500.

Returns 130