Sun.Jul 07, 2024

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How $300 Per Month Can Create $42,000 in Annual Dividend Income

The Motley Fool

For many investors, building a portfolio that will pay out enough in dividends to cover all of their major expenses in retirement is the ultimate goal. And since many companies that pay dividends seek to increase those payouts over time, you might even get modest pay bumps every year. The best part of having a portfolio of this type is that you might not have to sell shares to generate cash for your own living expenses, so you could wind up with a huge asset you can pass on to your heirs.

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Why Hasn’t the California Globe Retracted Its Story?

The Big Picture

@TBPInvictus here If you’re tired of California-minimum-wage-and-its-impact-on-limited-service-restaurant-employment stories, I understand. Leave this page immediately. I’m tired of it, too, but some stories are so factually challenged that they demand a response. So, allow me to address a hot mess of a story that appeared recently in the California Globe.

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45% of Warren Buffett's $398 Billion Portfolio Is Invested in 3 Artificial Intelligence (AI) Stocks

The Motley Fool

Warren Buffett led the Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) holding company since 1965. He likes to invest in companies with steady growth, reliable profitability, strong management teams, and shareholder-friendly initiatives like dividend payments and stock buyback programs. That strategy is working: Berkshire delivered a 4,384,748% return between 1965 and 2023.

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Why Don’t We Build More Housing?

A Wealth of Common Sense

I’ve been writing about the housing market for years now. It fascinates me to no end because housing is one of the most important decisions from a personal and financial perspective. In recent years, much of my focus has been on how broken the residential housing market is. Higher prices and mortgage rates have driven housing affordability to levels we’ve never seen before in the United States.

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4 ETFs That Are Screaming Buys in July

The Motley Fool

Owning individual stocks can certainly be exciting. If you've been an investor for any time at all, however, you also know that picking companies and then keeping tabs on them can be a lot of complicated work. There may be other things you'd rather devote your time and energy to instead. If so, there's an easy solution: buying and holding theme-based baskets of stocks.

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Phaidra Raises $12M in Funding

FinSMEs

Phaidra, a Seattle, WA-based provider of an AI-based control system for data centers to improve energy efficiency and increase compute infrastructure, raised $12M in funding. The round, which brought the total amount to $60.5M, was led by Index Ventures. The company intends to use the funds for continued investment in research and development, implementation, and […] The post Phaidra Raises $12M in Funding appeared first on FinSMEs.

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7 steps to end procrastination and sharpen your focus

Million Dollar Round Table (MDRT)

By Sukhi Wahiwala Have you ever experienced an infinite loop of wasting time? It’s likely you often do. At Harvard University, they say people get distracted every three minutes. It then takes 15 minutes to regain the same level of focus. The dreaded infinite loop of time-wasting is the process of starting something and hitting a delay every three minutes, which then significantly stretches out the time it takes for you to complete a task.

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Rivian Just Made a Game-Changing Move. Here's What You Need to Know

The Motley Fool

Rivian Automotive (NASDAQ: RIVN) has been a tough stock to own since its initial public offering (IPO). The electric vehicle (EV) maker went public at $78 per share on Nov. 10, 2021, and set a record high of $172.01 less than a week later, but currently trades at about $15. Rivian initially impressed investors because it was already producing thousands of vehicles and was backed by Amazon and Ford Motor Company.

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Robinhood Acquires Pluto

FinSMEs

Robinhood Markets, Inc.(NASDAQ: HOOD) acquired Pluto Capital Inc., a Los Angeles, CA-based provider of an AI-powered investment research platform. The amount of the deal was not disclosed. Led by Founder and CEO Jacob Sansbury, Pluto is an investing copilot designed to empower smart retail investors. By leveraging artificial intelligence, it provides real-time data, including news […] The post Robinhood Acquires Pluto appeared first on FinSMEs.

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1 Top Cryptocurrency to Buy Before It Soars 150% in the Second Half of the Year, According to a Pair of Wall Street Analysts

The Motley Fool

The cryptocurrency market is notably volatile. That can lead to some staggering drops in value, but it can also produce some amazing returns in a short amount of time. Bitcoin (CRYPTO: BTC) soared to a new all-time high earlier this year amid fervor of new spot Bitcoin ETFs coming to the market. The biggest cryptocurrency in the market saw its value increase 177% from its October lows to its $73,750 high in March.

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River Raises Series B Funding from Mitsui & Co., Ltd. and Marubeni Ventures

FinSMEs

River, a Bengaluru, India-based electric vehicle manufacturer, received a Series B funding from Mitsui & co., Ltd. and Marubeni Ventures. The amount o the deal was not disclosed. The company intends to use the funds to consolidate its position and expand its footprint in the electric vehicle industry. Founded in March 2021 by Aravind Mani and Vipin George, River […] The post River Raises Series B Funding from Mitsui & Co., Ltd. and Marubeni Ventures appeared first on FinSMEs.

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Why Six Flags Stock Jumped 30% Last Month

The Motley Fool

Shares of amusement park company Six Flags Entertainment (NYSE: SIX) jumped 30.2% in June, according to data from S&P Global Market Intelligence. However, as of July 1, Six Flags completed its merger with Cedar Fair Entertainment (NYSE: FUN) and now trades under Cedar Fair's ticker symbol. Shares of Cedar Fair stock were up 25% during the month. Shares of both companies zipped higher last month as it became increasingly clear that the merger deal would go through.

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Dealmaking revival set to boost results for Wall Street banks

Financial Times M&A

Investment revenue is expected to rise 30% over past year as lenders report earnings this week

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Nvidia and Broadcom Announced 10-for-1 Stock Splits. This Nasdaq-100 Stock Is Most Likely to Split Next.

The Motley Fool

Nvidia shares have surged 760% since the beginning of 2023, and Broadcom shares have surged 205% during the same period. Nvidia has already reset its share price by completing a 10-for-1 stock split on June 7, and Broadcom has a 10-for-1 stock split planned for July 12. Importantly, Nvidia was the fourth-most expensive stock in the Nasdaq-100 prior to its split, and Broadcom is currently the third-most expensive stock in the index.

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Paramount’s board set to agree sale to Skydance

Financial Times M&A

Hollywood studio moves closer to a deal after months of negotiation

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1 Phenomenal Stock That Could Join Microsoft, Apple, Nvidia, Alphabet, Amazon, and Meta in the $1 Trillion Club

The Motley Fool

The pace of artificial intelligence (AI) adoption has only accelerated over the past year and has shuffled the ranks of some of the world's largest companies, with several household names vying for bragging rights. Microsoft currently leads the pack, having unseated Apple , each with a market cap of roughly $3.4 trillion. Nvidia 's rise through the ranks has been breathtaking to behold, having nearly tripled over the past year to take the third spot at $3 trillion.

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How liability aware investment took off at Seattle SCERS

Top 1000 Funds

Seattle City's CIO Jason Malinowski explains why he has embraced liability aware investment, why hedge funds and commodities are out, and why cash - not a risk-free asset for a long-term investor – is kept to a minimum.

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AMD's Key Advantage Over Intel Is Set to Vanish

The Motley Fool

Advanced Micro Devices (NASDAQ: AMD) gave up on manufacturing its own chips back in 2009. It was the right call -- AMD couldn't afford the mammoth outlays required to keep its fabs competitive with Intel (NASDAQ: INTC). While this move allowed AMD to focus on chip design while tapping manufacturing services from third-party foundries, Intel's manufacturing tech was the best in the industry until recently.

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Brookfield creating UK insurer to join corporate pensions deal bonanza

Financial Times M&A

Private capital firms have been hunting ways into market as companies look to offload schemes

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4 Reasons to Buy PepsiCo Stock Like There's No Tomorrow

The Motley Fool

Few companies are as proven and durable as food and beverage giant PepsiCo (NASDAQ: PEP). The company has performed for decades, showering investors with dividends and building wealth over generations. The stock has steadily faded in recent weeks and is approaching 52-week lows. Years of inflation have consumers grappling with higher grocery prices, and sentiment is dropping.

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Carlsberg to buy Robinsons maker Britvic in £3.3bn deal

Financial Times M&A

Danish brewer’s two earlier bids have been rejected by UK soft-drink maker

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Where Will Tesla Stock Be in 5 Years?

The Motley Fool

Share prices of Tesla (NASDAQ: TSLA) are up roughly 21% in five days since it was reported that second-quarter vehicle deliveries beat Wall Street's expectations. However, the electric vehicle (EV) manufacturer's longer-term downward trend remains in effect as it grapples with high interest rates, competition, and other macroeconomic factors. Could the second-quarter deliveries indicate a sustainable recovery, or will Tesla continue fading out ?

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How BBVA could outfox the Spanish government

Financial Times M&A

The extended transaction timetable may actually be the bidder’s greatest ally

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Will Berkshire Hathaway Be a Trillion-Dollar Stock in 2030?

The Motley Fool

By 1965, Warren Buffett had invested enough into the struggling textile company Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) to take control of it. Back then, it usually traded in what is now considered nano-cap stock or micro-cap stock territory -- it was sometimes worth less than $50 million. Under Buffett's direction, Berkshire Hathaway transformed its business, and its value has steadily increased for nearly 60 years.

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KKR to Present at the Morgan Stanley US Financials, Payments & CRE Conference 2024

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the Morgan Stanley US Financials, Payments & CRE Conference 2024 on Monday, June 10, 2024 at 9:30 AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For those.

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This Retirement Savings Mistake Could Cost You More Than $500,000

The Motley Fool

In the course of saving for retirement, a number of things could, unfortunately, go wrong. Investing too conservatively, for example, could leave you short on funds for your senior years. That is why it's generally a good idea to load your retirement plan with stocks -- either individual companies, if you're comfortable choosing them, or S&P 500 index funds.

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KKR to Acquire Majority Ownership in Agiloft

KKR

Existing investor FTV Capital to invest additional capital in the Company NEW YORK & REDWOOD CITY, Calif.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”).

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Could Nvidia Stock Help You Become a Millionaire?

The Motley Fool

Nvidia (NASDAQ: NVDA) has reached record highs over the last year as it has become the poster child for a boom in the artificial intelligence (AI) market. Since the start of 2023, the chipmaker's stock has skyrocketed 174%, while quarterly revenue and operating income have climbed 93% and 149%. Wall Street has rallied behind Nvidia as it has achieved a majority market share in AI graphics processing units (GPUs) just as demand for the chips has soared.

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Emera Completes Transaction to Transfer Equity Interest in Labrador Island Link

KKR

HALIFAX, Nova Scotia--(BUSINESS WIRE)--Emera Inc. (“Emera”) (TSX:EMA) today announced the previously announced transaction where KKR would acquire Emera’s indirect minority equity interest in the Labrador Island Link (LIL), has closed effective today.

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Forget Amazon: 2 Artificial Intelligence (AI) Stocks to Buy Now

The Motley Fool

Shares of Amazon (NASDAQ: AMZN) hit an all-time high this week after rising 53% over the last 12 months. The company has rallied Wall Street with multiple quarters of stellar financial growth and an expanding role in artificial intelligence (AI). Amazon Web Services' (AWS) dominance in the cloud industry grants the company a promising position in AI, as more and more businesses turn to such platforms for their AI needs.

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The Indo-Pacific Partnership for Prosperity, Global Infrastructure Partners and KKR Lead Creation of Coalition to Mobilize Infrastructure Investment in the Indo-Pacific Region

KKR

SINGAPORE – June 6, 2024 – Today the Indo-Pacific Partnership for Prosperity (IP3), Global Infrastructure Partners (GIP), and KKR announced the formation of a new coalition to catalyze infrastructure investment in the emerging market partner economies of the Indo-Pacific Economic Framework (IPEF). GIP and KKR will serve as co-chairs of the new initiative.

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The S&P 500 Jumped Nearly 15% in the First Half of 2024. Here's What History Says It Could Do in the Second Half of the Year.

The Motley Fool

Investors are off to a good start in 2024 -- at least based on how the S&P 500 is performing. The widely followed index jumped nearly 15% in the first half of the year. The momentum in 2023 for several megacap stocks has continued into 2024, pushing the S&P 500 to new all-time highs. Five of the so-called " Magnificent Seven" stocks are up by double-digit percentages.

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Quick Quack Announces Strategic Investment by KKR

KKR

NEW YORK & ROSEVILLE, Calif.--(BUSINESS WIRE)-- KKR, a leading global investment firm and Quick Quack Car Wash (“Quick Quack” or the “Company”) today announced that investment funds managed by KKR have made a significant minority investment in the Company. This press release features multimedia. View the full release here: [link] Quick Quack’s.

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3 Reasons Not to Open a High-Yield Savings Account, Even With Rates at 5.36%

The Motley Fool

Image source: The Motley Fool/Unsplash High-yield savings accounts combine flexibility with high interest rates to help you grow your savings. Today's high-rate environment has lifted savings account rates to two-decade highs, with the best accounts currently paying 5.36%. While I'm a big fan of savings accounts, I also know they have limitations. They can protect funds you've saved for immediate purposes -- like moving across the country -- but they won't grow your money substantially, at least