Mon.Aug 19, 2024

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3 Benefits of Using a Living Trust to Pass an Inheritance to Your Family

The Motley Fool

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. Having the ability to pass on an inheritance to your loved ones is a beautiful thing. It's a chance to gift those you care about and add value to their life even after you're no longer here. Unfortunately, one thing you'll find out while making it happen is that it's not always the smoothest process.

Education 246
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US crypto manager seals deal to push into European market

Financial Times M&A

Bitwise’s acquisition of ETC Group follows Robinhood’s $200mn purchase of crypto exchange Bitstamp in June

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Sorry, Social Security Recipients, but Your COLA Increases Just Aren't Cutting It

The Motley Fool

Current and future retirees probably already know that Social Security's retirement benefits are raised every year in step with the nation's official inflation rate. What you may not recognize, however, is that these cost-of-living adjustments (COLA) aren't actually keeping up with seniors' ever-rising living costs. That's the word from the Senior Citizens League, anyway.

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Power to Hydrogen Raises Over $18M in Series A Funding

FinSMEs

Power to Hydrogen Inc., a Columbus, OH-based company which specializes in advanced electrolysis technologies, raised over $18M in Series A funding. The round was led by Rev1 Ventures and Worthington Enterprises, with participation from global investors, including Finindus, JERA, Asahi Kasei, American Electric Power, EDP Ventures, E.ON, ESB, FH Capital, INP Capital, and others.

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Prediction: This Will Be the Next Artificial Intelligence (AI) Chipmaker Stock to Join Nvidia in the Trillion-Dollar Club (Hint: It's Not Broadcom)

The Motley Fool

Nvidia (NASDAQ: NVDA) has seen its share price soar on the back of huge artificial intelligence (AI)-related spending from big tech companies. The company's graphics processing units (GPUs) are essential infrastructure for training large language models , the backbone of generative AI. As more and more companies invest in the frontier of AI development, Nvidia has been a big beneficiary.

Capital 246
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SportAI Raises $1.8M in Seed Funding

FinSMEs

SportAI, an Oslo, Norway-based B2B sports technology company, raised $1.8M in Seed funding. The round was led by Skyfall Ventures. Other participants included Norwegian pension fund MP Pensjon, Dekel Valtzer (ex-pro tennis player and AI startup founder) and Sverre Munck (ex-EVP at Schibsted). The company intends to use the funds to scale its technology development, expand the team and increase […] The post SportAI Raises $1.8M in Seed Funding appeared first on FinSMEs.

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Accenture Completes Purchase of Logic

FinSMEs

Accenture (NYSE: ACN) has completed the acquisition of Logic, a Minneapolis, MN-based retail technology services firm. The amount of the deal, announced on July 16 2024, was not disclosed. Logic will expand Accenture’s retail capabilities with the addition of essential skills in core technologies and platforms, as well as artificial intelligence (AI) and generative AI, to […] The post Accenture Completes Purchase of Logic appeared first on FinSMEs.

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Prediction: It's Going to Be Cheaper to Buy a Home in 2025

The Motley Fool

Image source: The Motley Fool/Upsplash In June, the median existing U.S. home sold for $426,900, according to the National Association of Realtors. That marked the 12th straight month of year-over-year home price gains. But there's a reason home prices have been so high. And it boils down to elevated mortgage rates. That said, there's reason to believe that mortgage rates will soon start to come down.

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AMD signs $4.9bn deal to challenge Nvidia’s AI infrastructure lead

Financial Times M&A

California group hopes acquisition of ZT Systems will accelerate adoption of its data centre chips

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Here Are All 10 Stocks Warren Buffett Is Selling

The Motley Fool

When Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett buys or sells shares of a company, professional and everyday investors pay close attention. That's because the aptly dubbed "Oracle of Omaha" has nearly doubled-up the annualized total return of the benchmark S&P 500 since becoming CEO in 1965. This near-doubling in annualized total return spanning almost six decades works out to an aggregate increase in Berkshire's Class A shares of 5,347,200%, as of the closing bell on

Stakes 246
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SongPush Raises €2.94M in Seed Funding

FinSMEs

SongPush, a Berlin, Germany-based platform connecting musicians and content creators, raised €2.94m in seed funding. Backers were not disclosed. The company intends to use the capital to expand operations and its development efforts. Co-founded by Stefan Kling and Markus Cremer, SongPush is a creator marketing platform that empowers creators, advertisers, and agencies to create effective […] The post SongPush Raises €2.94M in Seed Funding appeared first on FinSMEs.

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2 Magnificent S&P 500 Dividend Stocks Down 20% to Buy and Hold Forever

The Motley Fool

It can be hard to find a good dividend stock when the broader market's yield is a miserly 1.3%. But you can do it if you are willing to look hard enough. One good place to start is with stocks that are underperforming, such as Archer-Daniels Midland (NYSE: ADM) and UPS (NYSE: UPS). Both have historically high yields today. Archer-Daniels Midland is getting back to normal Archer-Daniels Midland, usually just referred to by its ticker ADM, has a dividend yield of 3.4% today.

Investors 246
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Photon Health Raises $9M in Funding

FinSMEs

Photon Health, a New York City-based electronic prescription startup, raised $9m in funding. The round was co-led by Notation Capital and Flare Capital Partners with participation from Floating Point, GG1, Ritual, Headwater, Scrub Capital, Susa Ventures, BoxGroup, Long Journey, and Cendana, as well as angel investors including the founders of PillPack, Commure, Carbon Health, Quartet, Forward, Summer Health, Hone Health, Candid Health, […] The post Photon Health Raises $9M in Funding appe

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3 Things Retirees Need to Know Before Enrolling in Medicare

The Motley Fool

Millions of older Americans today get health coverage through Medicare. And if you're gearing up to enroll, you may be looking forward to the benefits you're entitled to as part of the program. But Medicare has a lot of rules, and some are less well-known than others. With that in mind, here are three things you should be aware of if your time to sign up for Medicare is getting close.

Taxes 246
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US antitrust regulators likely to challenge Couche-Tard’s proposed takeover of 7-Eleven owner

Financial Times M&A

Tie-up between Canadian group and Japan’s Seven & i would create one of America’s largest retail chains

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Here's the Maximum Possible Social Security Benefit at 62, 66, 67, and 70

The Motley Fool

Getting the most you can out of Social Security is key to enjoying a successful retirement. Around half of households with someone age 65 or older receive 50% or more of their income from the government program, according to data reviewed by the Social Security Administration (SSA). Receiving the maximum possible Social Security retirement benefit requires you to work a long, high-paying career and wait until age 70.

Financing 246
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InfraRed sells stake in Swedish onshore wind farm

Private Equity Wire

InfraRed Capital Partners is to sell a minority 25% stake in Twin Peaks onshore wind farm from one of its private European core infrastructure strategies to Infranode, a Nordic infrastructure investment manager. Twin Peaks is a renewable energy asset located in central Sweden, approximately 100km from Östersund. The project comprises two operational wind farms with 39 x 6.2MW Siemens turbines, giving a combined capacity of 242MW.

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Prediction: This Will Be Nvidia's Next Big Move

The Motley Fool

By now you probably know that Nvidia (NASDAQ: NVDA) is the hottest stock in tech. The company's rapid ascent from gaming chipmaker to poster child of the artificial intelligence (AI) revolution and one of the largest public companies in the world has been nothing short of remarkable. After its stock nearly tripled since the beginning of the year, it retreated about 8% from its peak in June.

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Nature-rich nations push for biodata payout

Financial Times: Moral Money

Plans emanating from UN and start-ups would compensate nations for genetic data from their ecosystems

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Massive News for Palantir Stock Investors

The Motley Fool

In today's video, I will be talking about the recent updates regarding Palantir (NYSE: PLTR). *Stock prices used were from the trading day of Aug. 16, 2024. The video was published on Aug. 19, 2024. Should you invest $1,000 in Palantir Technologies right now? Before you buy stock in Palantir Technologies, 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 Palantir Technologies wasn’t one of them.

Investors 246
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PE majors eye Grant Thornton stake

Private Equity Wire

Private equity heavyweights CVC Capital Partners and KKR are reportedly showing interest in acquiring a stake in the UK arm of Grant Thornton, the sixth-largest accounting firm in Britain, according to a report by the Financial Times. The report cites unnamed sources close to the matter as revealing that Grant Thornton, advised by Rothschild & Co, has been proactively approaching potential buyers, with a formal bidding process expected to get underway in the coming month.

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What All Retirees Need to Know About Social Security in 2024

The Motley Fool

You could be reading for a very long time if I attempted to address everything retirees need to know about Social Security. Or, more likely, you'd throw in the towel and go do something else. But I won't try to cover everything under the sun about Social Security. Instead, here are four especially important things about Social Security that all retirees need to know in 2024.

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Talk Your Book: Quality Growth Investing

A Wealth of Common Sense

Today’s Talk Your Book is brought to you by Jensen Investment Management: See here to learn more about Jensens Quality Growth ETF On today’s show, we discuss: What quality means to Jensen Why META is not in the Quality growth strategy Thoughts on AI and tech bubbles How Jensen thinks about valuation Sectors Jensen is excited about for the long-term How higher interest rates affected Jensen’s discounted.

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The S&P 500 Just Had Its Best Week of 2024. History Says the Stock Market Will Do This Next.

The Motley Fool

The S&P 500 (SNPINDEX: ^GSPC) lost momentum last month. The index had its worst July in the past decade, and the losses accelerated in early August, when recession fears resurfaced after a disappointing jobs report. The S&P 500 closed 8% below its record high on Aug. 5, after suffering its worst day in nearly two years. However, the tide turned quickly last week on encouraging economic data.

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EQT Asia to acquire PropertyGuru for $1.1bn

Private Equity Wire

EQT, Europe's largest private equity house with over €200bn in AUM, is to acquire Singapore-based online real estate platform PropertyGuru in an all-cash deal that values the business at $1.1bn, via the BPEA Private Equity Fund VIII Limited. Under the terms of the agreement, PropertyGuru shareholders will receive $6.70 per share, representing a 52% premium over the company’s closing price on 21 May, the last trading day before news of the potential acquisition broke, according to a statement fro

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Pfizer and BioNTech's Combo Shot Missed the Mark. Is It Time to Sell?

The Motley Fool

Pfizer (NYSE: PFE) and BioNTech (NASDAQ: BNTX) recently fell behind in their race with Moderna (NASDAQ: MRNA) to develop new combination shots that could be worth billions in annual sales. Top-line results from an experimental vaccination to protect against influenza and COVID-19 weren't a complete disaster, but there isn't much room for error when it comes to vaccine development.

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Blackstone acquires majority stake in healthcare advisory firm Chartis from Audax

Private Equity Wire

Private investment major Blackstone is to acquire a majority stake in healthcare consulting and advisory group Chartis from Audax Private Equity, with Audax set to maintain a minority equity holding in the business. The investment is part of Blackstone’s core private equity strategy, known for partnering with businesses over extended periods. According to a press statement, the partnership with Blackstone is expected to "enhance Chartis' capabilities in areas such as strategic, digital, and clin

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If You'd Invested $1,000 in Unity Software Stock 3 Years Ago, Here's How Much You'd Have Today

The Motley Fool

There's been a lot of interest in Unity Software (NYSE: U) in recent years. You might understand why when you learn that the company "offers a suite of tools to create, market, and grow games and interactive experiences across multiple platforms from mobile, PC, and console, to spatial computing." Video gaming is big business, after all. Per Grand View Research, the video game market was valued at around $217 billion in 2022 and is projected to grow by an annual average rate of 13.4% by 2030.

Investing 246
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Charlotte-based Falfurrias invests in Snak King

Private Equity Wire

US middle-market private equity firm Falfurrias Management Partners has invested in Snak King, a US manufacturer of private label and co-manufactured products including tortilla chips, potato chips, popcorn and nuts for brands including El Sabroso, The Whole Earth, Granny Goose, and Jensen's Orchard. Snak King was founded in 1978 as a small co-manufacturer of pork rinds, based in Los Angeles.

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Plug Power Stock: Buy, Sell, or Hold?

The Motley Fool

Plug Power (NASDAQ: PLUG) was considered a promising play on the nascent hydrogen fuel cell market when it went public in 1999. But today, it trades nearly 99% below its initial public offering (IPO) price. Many of its investors retreated after the dot-com bubble burst in 2000; its growth cooled off; and it struggled with accounting issues from 2018 to 2020.

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HarbourVest raises record $18.5bn for latest secondaries fundraising

Private Equity Wire

HarbourVest Partners has raised a record $18.5bn in its latest private equity secondaries fundraising – $15.1bn for the oversubscribed main Dover Street XI fund, and an additional $3.4bn for Secondary Overflow Fund V, dedicated to secondary co-investment opportunities. The fundraising cycle was completed without the need for an extension. Since its inception, HarbourVest has invested over $55bn across nearly 650 secondaries transactions, balancing both limited partner (LP)-led and general partne

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Here Are 5 Things Smart Investors Should Know About Super Micro Computer's 10-for-1 Stock Split

The Motley Fool

IT infrastructure company Super Micro Computer (NASDAQ: SMCI) has been a favorite among artificial intelligence (AI) investors over the last year. Earlier this month, Supermicro reported financial results for its fourth quarter and full fiscal 2024 (ended June 30). T he earnings report was a mixed bag , but management surprised investors by announcing a 10-for-1 stock split.

Investors 246
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Thomas H Lee, Summit Partners pick up fund capital in $900m Minnesota pension commitments

AltAssets

The $146bn-managing Minnesota State Board of Investments has picked funds from firms including BlackRock, Thomas H Lee Partners and Summit Partners in its latest clutch of alternatives commitments. The post Thomas H Lee, Summit Partners pick up fund capital in $900m Minnesota pension commitments first appeared on AltAssets Private Equity News. The post Thomas H Lee, Summit Partners pick up fund capital in $900m Minnesota pension commitments appeared first on AltAssets Private Equity News.

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These Were the 5 Biggest Companies in 1994, and Here Are the 5 Biggest Companies Now

The Motley Fool

How much has the market changed in the past 30 years? Quite a bit, actually. Online trading was still in its infancy then, for instance. Now it's the norm. That's not all that has changed. Almost none of the biggest publicly traded companies then (based on annual revenue) are the biggest names now. Here's a look at how they have changed, too. 1994's biggest companies There's more than one way to measure a company's size.

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