The Motley Fool

AUGUST 1, 2024

Image source: Getty Images A Costco membership can be a great way to keep more money in your bank account. Kirkland brand products tend to be affordable and awesome, and Costco generally also offers great deals on a huge variety of name-brand products. If you've become a Costco member, hopefully, you're making the most of your Costco membership. And, the last thing you want to do is end up with it being canceled.

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A Wealth of Common Sense

AUGUST 1, 2024

Our resident insurance expert and financial advisor, Jonathan Novy, joined me on the show this week to discuss questions about life insurance vs. investing, HELOCs, taking out a loan to remodel your house and how the step-up basis works when one spouse passes away. Further Reading: The Fed Matters Less Than You Think 1There were a lot of theories about the reasoning for this at the time.

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Investing 136

The Motley Fool

AUGUST 1, 2024

Image source: Getty Images Over the past few years, the number of people working from home has skyrocketed. Perhaps you want to make money online as a freelancer, start a business, or just work a flexible schedule for an employer. There are many ways to turn your home office (and home internet connection) into extra money in your household budget. What if you want a 100% remote job, but without a full-time schedule?

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Private Equity Professional

AUGUST 1, 2024

NativeSeed Group , a portfolio company of Heartwood Partners , has acquired Arrow Seed , a producer and supplier of conservation and farm seeds. Arrow Seed specializes in native grass, wildflower, forages, turf grasses, small grains, and various seed mixes for farm and conservation applications, primarily serving the Midwest. Arrow’s customers include seed distributors, retailers, farmers, state and local conservation districts, municipalities, and private landowners.

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The Motley Fool

AUGUST 1, 2024

Social Security serves as a lifeline for millions of older Americans today. And many recipients would not be able to make ends meet without those monthly benefits. But it's not a given that the monthly Social Security payment you're supposed to collect will land in your bank account in full, without a hitch. Under certain circumstances, you could be at risk of losing some of that money.

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Private Equity Professional

AUGUST 1, 2024

Winky Lux , a New York-based cosmetics and skincare company, has been acquired by CORE Industrial Partners. Winky Lux is best known for its high-quality, clean, and cruelty-free products including lip balms, mascaras and eyebrow pencils, under-eye concealers, facial and skin cleansers and moisturizers. Source: Winky Lux The company’s products are sold online and through major retailers including Target, ULTA, and Shoppers Drug Mart.

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The Motley Fool

AUGUST 1, 2024

The S&P 500 (SNPINDEX: ^GSPC) rocketed through roughly three dozen record highs and advanced 14.5% during the first six months of 2024. But a burgeoning rotation from large-cap stocks to small-cap stocks blunted that momentum in July. As of 11:00 AM ET on July 31, the S&P 500 has advanced 1% in the month. The broad-based index was actually down 0.4% headed into the final trading session, but encouraging financial reports from AMD and Microsoft renewed investor confidence in the artificia

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The Motley Fool

AUGUST 1, 2024

It seems like not too long ago, you could go to the grocery store with $100 and come home with a trunk's worth of items. Nowadays, if you spend $100 at the grocery store, it seems like you're back in a few days going through the whole process again. If you're looking to point the finger at someone, inflation is your guy. To offset inflation and help retirees keep their purchasing power (theoretically), Social Security uses the cost-of-living adjustment ( COLA ) to adjust monthly Social Security

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FinSMEs

AUGUST 1, 2024

When, a Chicago, IL-based AI-powered offboarding solution designed to help employees navigate post-employment transitions and maintain access to healthcare by offering more affordable alternatives to COBRA, closed its latest Seed funding round of $4.6m. The round was led by B Capital and joined by TTV Capital, Joyance Partners, Alumni Ventures, Network Ventures, and Enfield Capital […] The post When Raises $4.6M in Seed Funding appeared first on FinSMEs.

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The Motley Fool

AUGUST 1, 2024

Although anything having to do with artificial intelligence (AI) has been garnering Wall Street's attention for more than a year, a strong case can be made that the trend investors can't get enough of right now is companies enacting stock splits. A stock split is a mechanism that allows a publicly traded company to cosmetically alter its share price and outstanding share count by the same factor.

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FinSMEs

AUGUST 1, 2024

Outpace Bio, a Seattle, WA-based cell therapy company using AI-powered protein design to program immune cells for improved function inside patients battling solid tumors, raised $144m in Series B financing. The Series B financing, which brought the total capital raised to approximately $200m, was led by RA Capital Management, with participation from new investors Qatar Investment Authority […] The post Outpace Bio Raises $144M in Series B Financing appeared first on FinSMEs.

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The Motley Fool

AUGUST 1, 2024

Image source: Getty Images If you want to start a side hustle or just make a few extra dollars, the idea of marketing yourself on social media might feel overwhelming. Social media is cluttered, competitive, and can be expensive for even well-established small businesses to buy ads and build an audience. What if you just want to make money online without all the extra hassle?

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FinSMEs

AUGUST 1, 2024

Tezi, a Menlo Park, CA-based autonomous AI recruiter, raised $9M in seed funding. The round was led by 8VC and Audacious Ventures, with participation from Liquid 2, Afore, Prime Set, and South Park Commons, as well as angel investors including the founding CEOs of Instacart and Thumbtack. The company intends to use the funds to […] The post Tezi Raises $9M in Seed Funding appeared first on FinSMEs.

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The Motley Fool

AUGUST 1, 2024

Pfizer (NYSE: PFE) has been a nightmare for many investors in recent years. At one point earlier this year, the big pharma stock was nearly 60% below its peak set in late 2021. However, the narrative for Pfizer appears to be changing. Its shares are up a respectable 9% year to date. The company reported better-than-expected second-quarter results on Tuesday.

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FinSMEs

AUGUST 1, 2024

Protect AI, a Seattle, WA-based artificial intelligence (AI) and machine learning (ML) security company, raised $60M in Series B funding. The round was led by Evolution Equity Partners with participation from 01 Advisors, StepStone Group, Samsung, and existing investors Acrew Capital, boldstart ventures, Knollwood Capital, Pelion Ventures, and Salesforce Ventures.

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The Motley Fool

AUGUST 1, 2024

Shares of electric vehicle (EV) battery start-up QuantumScape (NYSE: QS) were trading lower on Thursday, after new economic data stoked fears of a looming recession in the U.S. As of 3 p.m. ET, QuantumScape's shares were down about 6.6% from Wednesday's closing price. New data hints that a recession could be coming Two new data points on Thursday increased Wall Street's worries about a potential recession.

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FinSMEs

AUGUST 1, 2024

Protembis, an Aachen, Germany-based medical-technology company, received €20m in venture-debt financing. The European Investment Bank (EIB) provided the financing. The company intends to use the proceeds to: Led by Co-Chief Executive Officers Karl von Mangoldt and Conrad Rasmus, Protembis is advancing a next-generation device for protecting the brains of patients who undergo certain heart treatments. […] The post Protembis Receives €20M in Venture Financing From EIB appeared first on FinSM

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The Motley Fool

AUGUST 1, 2024

Despite the occasional dips, the stock market is overall the best way to build wealth. Investing just a few hundred dollars a month can make anyone a millionaire over their working career. And these two ETFs are all you need to do it. Keep it simple and beat the pros The S&P 500 index has advanced from 45 to 5,460 since 1957. The Vanguard S&P 500 ETF (NYSEMKT: VOO) is all you need to jump on this wealth-creating engine.

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Private Equity Wire

AUGUST 1, 2024

Global alternative asset manager Ares Management Corporation, has closed its latest private credit fund at $34bn, making its the largest private credit fund ever raised, and reflecting a of high level investor demand for the asset class. The new fund, Ares Private Credit Fund VI (APCF VI), which surpassed its initial fundraising target, will focus on providing flexible and innovative financing solutions to middle-market companies across North America and Europe, emphasising senior secured loans,

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The Motley Fool

AUGUST 1, 2024

Volatility continued for Nvidia (NASDAQ: NVDA) stock in Thursday's trading. The artificial intelligence (AI) leader's share ended the daily session down 6.7%, according to data from S&P Global Market Intelligence. After posting big gains Wednesday, Nvidia stock initially looked poised to see another day of gains thanks to strong demand indicators following the publication of Meta Platforms ' Q2 results and guidance.

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Private Equity Professional

AUGUST 1, 2024

Hidden Harbor has held a final closing of Hidden Harbor Capital Partners III LP with $800 million of limited partner commitments. Limited partners in Fund III include both existing and new investors with total demand well in excess of the fund’s self-imposed hard cap. Fund III follows Hidden Harbor’s two prior funds, Hidden Harbor Capital Partners I LP which closed in January 2019 with an above-target $265 million of capital; and Hidden Harbor Capital Partners II LP , which closed on $450 millio

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The Motley Fool

AUGUST 1, 2024

Nvidia has been one of hottest stocks on Wall Street for the better part of two years. But professional money managers have become increasingly cautious about holding large positions in the chipmaker as shares have skyrocketed. Compared to its weight in the S&P 500 (SNPINDEX: ^GSPC) , Nvidia was the second-most under-owned big tech stock across institutional portfolios in the first quarter, according to Morgan Stanley.

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Private Equity Wire

AUGUST 1, 2024

DWS has added Max Elliott-Taylor as CLO Portfolio Manager to its EMEA alternative credit team, effective immediately. Based in London, Elliot-Taylor reports to Dan Robinson, EMEA Head of Alternative Credit. Elliot-Taylor’s appointment follows those of Vlado Spasov as Head of Capital Solutions in April; Roscoe Roman as Senior Investment Manager for EMEA Alternative Credit in March; and Dan Robinson as EMEA Head of Alternative Credit last November.

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The Motley Fool

AUGUST 1, 2024

In today's video, I discuss Taiwan Semiconductor Manufacturing (NYSE: TSM) 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 market prices of July 30, 2024. The video was published on July 30, 2024. Should you invest $1,000 in Taiwan Semiconductor Manufacturing right now?

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Private Equity Wire

AUGUST 1, 2024

NorthWall Capital, a credit investment firm providing private capital solutions to counterparties in Western Europe, has appointed Scott Carpenter as its new Chief Operating Officer. Carpenter replaces Founding Partner and Chief Operating Officer Ian Lokkerbol, who is retiring to pursue a career in nature conservation. Carpenter most recently spent 11 years at Alpha Wave Global, a $19bn AUM global investment company focused on private equity, private credit and public markets, his last role bein

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The Motley Fool

AUGUST 1, 2024

Nvidia (NASDAQ: NVDA) soared to record highs earlier this year, crossed the $1,000 mark -- and finally launched a stock split in June to lower its per-share price. The reason for the fantastic performance is simple. Nvidia dominates the artificial intelligence (AI) chip market, and this has helped it generate triple-digit gains in earnings in recent times.

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Stock Market Stock Market Returns Investors 246

Private Equity Wire

AUGUST 1, 2024

LDC, Lloyds Banking Group’s private equity division, has exited its investment in Hill Biscuits to Cerealto UK, a portfolio company of Davidson Kempner Capital Management and Afendis Capital Management. Financial terms of the transaction are not disclosed. Hill Biscuits was founded in 1855 by Sarah and John Hill as a small family-run shop. In 1893, it moved into Tudno Mill in Ashton-under-Lyne, Manchester.

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The Motley Fool

AUGUST 1, 2024

A sell-off has taken hold of the stock market in July, mainly aimed at the tech industry. The Nasdaq-100 Technology Sector index is down by 9% since July 10, when the bulk of the declines began. The downturn started amid increasing tensions between the U.S. and China. Earlier this month, a Bloomberg article revealed that the U.S. was considering further tightening restrictions on China's access to advanced technology.

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Private Equity Wire

AUGUST 1, 2024

Over 70% of investors access impact investing via private equity, followed by venture capital (44%), private credit (36%) and infrastructure (31%), according to specialist global impact investment firm Blue Earth Capital’s Impact 360 Survey. The inaugural survey, which drew on 130 fund managers (39%), advisors (32%), LPs/asset owners (16%) and impact companies (13%), follows the publication of the firm’s 2023 impact report.

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The Motley Fool

AUGUST 1, 2024

If you're in search of ultra-high yield stocks, then NextEra Energy Partners (NYSE: NEP) has probably popped up on your radar screen. The clean-energy-focused master limited partnership (MLP) has a huge 13.5% distribution yield. However, yields don't usually get that high without a good reason. Here's why you might want to tread with caution if you're considering buying NextEra Energy Partners.

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Private Equity Wire

AUGUST 1, 2024

SEI and Canoe Intelligence have launched a new integration aimed at family offices, automating the transmission of private equity and hedge fund valuations as well as private equity call and distribution data, via the SEI Archway Platform. The integration introduces a new data channel that makes it easier for SEI Archway Platform users to collect, aggregate and analyse their alternative asset data.

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The Motley Fool

AUGUST 1, 2024

Chipotle Mexican Grill (NYSE: CMG) recently released its earnings report for the second quarter of 2024, the first after its historic 50-for-1 stock split. While the news was positive, it failed to stem the downtrend that began just before the split took effect. Consequently, the stock price has fallen by more than 25% in just over a month. However, despite the severity of this pullback, it is doubtful any disappointments have undermined the case for investing in Chipotle stock.

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Stakes Investors Returns Companies 246

Private Equity Wire

AUGUST 1, 2024

Polish private equity firm Innova Capital Group, via its fund, Innova/6, has agreed to sell Optical Investment Group, a Romanian retailer of optical eyecare and eyewear products, to Italian-French multinational EssilorLuxottica. The transaction is expected to close in Q4 2024. Optical Investment Group was established in 2019 through a merger of Romanian optical retail chains OPTIblu and Optiplaza.

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The Motley Fool

AUGUST 1, 2024

Defense titans returned to growth mode in the second quarter, and Northrop Grumman (NYSE: NOC) was among the companies leading the charge. Shares of Northrop gained 11.1% in July, according to data provided by S&P Global Market Intelligence , after the company reported better-than-expected second-quarter results. Strong top- and bottom-line growth Northrop Grumman is one of the world's premier defense companies , with a portfolio of aviation, space, and missiles that are sold to the U.S. gov

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AltAssets

AUGUST 1, 2024

Lower mid-market private equity house Hidden Harbor Capital Partners has continued its powerful increase in fund size with the $800m final close of Fund III. The firm previously collected just over $265m for its debut fundin 2019, and followed that with more than $450m for its sophomore vehicle in 2022. Never miss a story! Click to […] The post Hidden Harbor scores another big fund size jump with $800m Fund III final close first appeared on AltAssets Private Equity News.

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The Motley Fool

AUGUST 1, 2024

Image source: The Motley Fool. Amazon.com (NASDAQ: AMZN) Q2 2024 Earnings Call Aug 01, 2024 , 5:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Thank you for standing by. Good day, everyone, and welcome to the Amazon.com second quarter 2024 financial results teleconference. At this time, all participants are in a listen-only mode.

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Leveraging Companies Returns Capital 246

FinSMEs

AUGUST 1, 2024

Sybill, a Mountain View, CA-based provider of an AI assistant designed for sales teams, raised $11m in Series A funding. The round was led by Greycroft, with participation from Neotribe Ventures, Powerhouse Ventures, and Uncorrelated Ventures, along with angels like Ashish Gupta, Kathleen Estreich, Bryce Winkelman, Tanuj Thapliyal, and many others. The company, which has raised a […] The post Sybill Raises $11M in Series A Funding appeared first on FinSMEs.

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