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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.
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.
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.
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.
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.
The excitement in artificial intelligence (AI) has led to companies spending millions of dollars on new projects and upgrading their existing infrastructure in the hopes that they can cash in on new growth opportunities. Chipmaker Nvidia (NASDAQ: NVDA) has been tripling its sales due to incredible AI-fueled demand for its next-gen chips. Palantir Technologies (NYSE: PLTR) has also experienced an acceleration of its growth rate as the data analytics company is seeing an uptick in demand due to it
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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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.
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.
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.
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
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.
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
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.
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.
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.
Fool.com contributor Parkev Tatevosian highlights one of his top undervalued growth stocks to buy today. *Stock prices used were the afternoon prices of Aug. 16, 2024. The video was published on Aug. 18, 2024. Should you invest $1,000 in Docusign right now? Before you buy stock in Docusign, 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 Docusign wasn’t one of them.
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.
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.
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.
In this video, I will cover the recent updates regarding Nvidia (NASDAQ: NVDA) and why legendary investor Stanley Druckenmiller sold most of his shares. *Stock prices used were from the trading day of Aug. 16, 2024. The video was published on Aug. 18, 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 o
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
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.
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
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.
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.
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.
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.
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.
Audax Private Equity has agreed to buy the clinical services business of Avantor. The unit provides clinical trial and laboratory supply chain services to pharmaceutical and biotechnology companies, contract research organizations and diagnostic laboratories. Audax has completed corporate carveouts in the past including the acquisitions of Aspen Surgical and Lifemark.
Aiming to get your nest egg to $1 million or more by retirement can be an ideal goal to strive for. Whether you hit it or not, it can help focus your efforts on ways to grow your portfolio's balance over the years. Whether that means investing every month or prioritizing investing in top growth stocks, just the mentality alone can help ensure you end up in a stronger financial position by retirement than if you didn't have that goal in mind.
Software-focused private equity investor Five Elms Capital has pulled in more than $836m towards its sixth flagship fund according to regulatory filings submitted by the firm. The post Five Elms passes $830m for Fund VI, could raise up to $1bn at hard cap first appeared on AltAssets Private Equity News. The post Five Elms passes $830m for Fund VI, could raise up to $1bn at hard cap appeared first on AltAssets Private Equity News.
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.
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
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.
Alternative asset management company HarbourView Equity Partners has partnered with Grammy Award-winning record producer and songwriter Noel Zancanella to purchase certain parts of his producer income streams and music publishing assets. Financial terms of the transaction have not been disclosed. Zancanella's music spans rock, pop and hip-hop. As a creative partner of OneRepublic's frontman Ryan Tedder, Zancanella has collaborated with other artists including Maroon 5, Ariana Grande, Demi Lovato
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