Thu.Jul 11, 2024

article thumbnail

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.

article thumbnail

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 141
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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
article thumbnail

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.

article thumbnail

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
article thumbnail

Axel Springer and KKR in talks to break up media empire

Financial Times M&A

Deal would separate group’s media assets from its digital classifieds operation

Assets 111

More Trending

article thumbnail

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 111
article thumbnail

Costco Just Did Something It Hasn't Done in 7 Years. Here's How It Could Boost the Stock.

The Motley Fool

It's been the top question from the analyst community for some time already. But on July 10, warehouse-style retail chain Costco Wholesale (NASDAQ: COST) finally made a highly anticipated announcement: Membership fees are going up, starting on Sept. 1. In May, Costco's new CFO Gary Millerchip pointed out that it's historically raised prices for its memberships every five years.

Returns 246
article thumbnail

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 111
article thumbnail

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
article thumbnail

SoftBank to buy UK chipmaker Graphcore in AI push

Financial Times M&A

Deal will give Bristol-based company a resource boost while advancing the ‘next big bet’ of Masayoshi Son’s group

Companies 110
article thumbnail

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.

article thumbnail

Wall Street groups to buy software maker Envestnet for $4.5bn

Financial Times M&A

Consortium bets on growing demand for independent asset management among younger, more tech-savvy clients

article thumbnail

Costco Announces Fee Hike: Here's What It'll Cost You

The Motley Fool

Image source: Getty Images One of the things that makes Costco so unique as a retailer -- aside from its super low prices -- is that you have to pay for a membership to access the store. And while you can technically shop at Costco.com without a membership, online orders placed by non-members are assessed a surcharge. Plus, certain items on the site are members-only deals -- hence the incentive to pay up for full Costco access.

article thumbnail

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 109
article thumbnail

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
article thumbnail

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
article thumbnail

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
article thumbnail

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
article thumbnail

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
article thumbnail

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 98
article thumbnail

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.

article thumbnail

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 96
article thumbnail

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.

article thumbnail

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 94
article thumbnail

What All Retirees Need to Know About Social Security in 2024

The Motley Fool

Most people understand the basics of Social Security: You pay money into the program throughout your career and then get monthly checks in retirement to help you cover living costs. It's the finer points that often trip people up. Here are three important Social Security principles that all workers and seniors should be aware of, whether they're already retired or decades away from claiming.

Taxes 244
article thumbnail

M&A momentum continues to build

Private Equity Wire

Global mergers and acquisitions activity has maintained the positive momentum achieved at the start of 2024, with deals completed during the second quarter improving upon the same period last year, according to research from WTW’s Quarterly Deal Performance Monitor. Run in partnership with the M&A Research Centre at Bayes Business School, the data reveals 166 deals valued over $100m were completed globally during the second quarter of 2024, exactly matching the number of deals closed in the

article thumbnail

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.

article thumbnail

Exponent invests in Kingsbridge Healthcare Group

Private Equity Wire

European private equity firm Exponent will invest in Kingsbridge Healthcare Group, a private healthcare provider in Northern Ireland and the Republic of Ireland. The investment marks Exponent’s eighth in Ireland and first in Northern Ireland. Upon completion of the transaction, Dr Suresh Tharma and Ashok Songra, KHG’s co-founders, will continue to hold a significant stake in the company.

article thumbnail

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
article thumbnail

AEI closes fund III at $1.28bn

Private Equity Wire

AE Industrial Partners, a private equity firm specialising in national security, aerospace and industrial services, has held the final close of its third flagship private equity fund, AE Industrial Partners Fund III, at $1.28bn. Fund III will make control investments across the aerospace and defence supply chains and support industry suppliers in scaling up production.

article thumbnail

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
article thumbnail

Fiera Capital launches US small to mid-cap strategy in Europe

Private Equity Wire

Fiera Capital, an independent global asset management firm with over $122.1bn in AUM as of 31 March, has launched its “all-seasons” small-to-mid cap growth strategy to European institutional and wholesale investors. According to a press statement, the strategy “seeks to deliver significant capital appreciation across multiple market cycles, providing clients with stability during market downturns” The portfolio typically holds 60 to 90 names and consists of companies between $150m an

Capital 74
article thumbnail

Broadcom Will Execute Its 10-for-1 Stock Split on July 12. History Says the AI Semiconductor Stock Will Do This Next.

The Motley Fool

Broadcom (NASDAQ: AVGO) shares surged 106% during the past year as investors came to appreciate the role its custom silicon could play in powering artificial intelligence workloads. The company will reset its share price with a 10-for-1 stock split on Friday, July 12, meaning shareholders of record will receive nine additional shares for each one they already own.

Education 189