Wed.May 08, 2024

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Here's How Much 2025's Estimated Social Security COLA Could Add to the Average Check

The Motley Fool

The government won't announce the official 2025 Social Security cost-of-living adjustment (COLA) until October. But that hasn't stopped people from speculating about it. We saw checks rise a whopping 8.7% in 2023 -- the largest increase in 40 years. But this year's COLA wasn't nearly as high. With growing concerns about Social Security's declining buying power, many are eager to know what 2025 will bring.

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Definely Raises $7M in Series A Funding

FinSMEs

Definely, a London, UK-based legaltech company focused on making legal documents easy to read, edit and understand, raised $7M in Series A funding. The round was led by Octopus Ventures, with participation from Cornerstone VC, Zrosk Investment Ltd., and angerls Claire Hughes Johnson, Comron Sattari, Ajay Patel, and Babatunde Soyoye. Edward Keelan, partner at Octopus […] The post Definely Raises $7M in Series A Funding appeared first on FinSMEs.

Funds 119
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Here's Exactly When Social Security Recipients Can Expect Benefit Cuts, According to the Latest Trustees Report

The Motley Fool

Millions of retired Americans rely on Social Security to make ends meet once they're no longer working and earning a paycheck. Even though the average retiree was only collecting $1,907 a month at the start of 2024, that income is crucial for many older Americans today. But Social Security is facing a major financial shortfall that could put its ability to pay benefits at risk.

Taxes 246
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Animal Spirits: Fighting Inflation

A Wealth of Common Sense

Today’s Animal Spirits is brought to you by Simplify ETFs: See here for more information on Simplify’s suite of active-income solutions! On today’s show, we discuss: At $2M per minute, treasuries mint cash like never before Cost of capital and capital allocation The new math of driving your car till the wheels fall off Consumers fed up with food costs are ditching big brands Long-predicted c.

Capital 118
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Is Ferrari Stock a Buy?

The Motley Fool

The automotive industry is typically not a place you'd look to find winning investment ideas. The industry is capital-intensive, cyclical, and produces low margins. That's not a recipe to make outsized long-term returns. But there's one business in particular that has bucked this trend. I'm talking about Ferrari (NYSE: RACE). In the past five years, shares of this luxury car company have soared 216%, crushing the S&P 500 in spectacular fashion.

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Ciba Health Raises $10M in Series A Funding

FinSMEs

Ciba Health, a NYC-based digital health company, raised $10M in Series A funding. The round was led by DigiTx Partners, with participation from E12 Ventures, 3CC Capital, Plug and Play Ventures and angel investors. The company is using the funds to accelerate product development and scale its operations to meet growing market demand. Led by […] The post Ciba Health Raises $10M in Series A Funding appeared first on FinSMEs.

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RunPod Raises $20M in Seed Funding

FinSMEs

RunPod, a Mount Laurel, NJ-based company that empowers developers to deploy custom full-stack AI applications, raised $20M in Seed funding. The round was led by Intel Capital and Dell Technologies Capital with participation from Julien Chaummond, Nat Friedman, and Adam Lewis. In conjunction with the financing, Mark Rostick, Vice President and Senior Managing Director at […] The post RunPod Raises $20M in Seed Funding appeared first on FinSMEs.

Funds 111
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3 Dividend Stocks That Are Coiled Springs for a Lifetime of Passive Income

The Motley Fool

There are plenty of ways to generate passive income, from risk-free assets to bonds to income from rental properties. But one of the simplest and most effective means of generating income is to invest in dividend stocks , while provide passive income without the need to sell an asset, while also allowing you to participate in the stock market. Finding a company that can grow in value while distributing dividend payments is a dream come true for long-term investors.

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Altera Closes $9M Seed Funding Round

FinSMEs

Altera, a Los Angeles, CA-based artificial intelligence company creating digital human beings, closed a $9m seed funding round. The round, which brought total funding to $11.1m since inception in December 2023, was led by Patron and First Spark Ventures with participation from a16z SPEEDRUN, Mitch Lasky, Stephen Lim, Greg Harper, Bob Meese, Rich Aldrich, Vamos […] The post Altera Closes $9M Seed Funding Round appeared first on FinSMEs.

Funds 111
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1 Reason I Don't Trust the 4% Rule to Stretch My Money in Retirement, and What I'll Be Doing Instead

The Motley Fool

Whether you kick off your senior years with a nest egg worth $300,000 or $2 million, there's unfortunately always the worry that your money might run out. That's why financial experts have long advised savers to follow the 4% rule in managing their retirement funds. But while that rule is a decent starting point, it's not one I plan to follow. I'd rather play things a bit safer Under the 4% rule , you start by withdrawing 4% of your savings balance your first year of retirement.

Assets 246
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Lucid Bots Raises $9.1M in Series A Funding

FinSMEs

Lucid Bots, a Charlotte, NC-based company which specializes in robotics for labor-intensive tasks, raised $9.1M in Series A funding. The round was led by Cubit Capital, with participation from Idea Fund Partners, Danu Venture Group, and existing investors Y Combinator’s Growth Fund and Gratus Capital. The company intends to use the funds to advance its […] The post Lucid Bots Raises $9.1M in Series A Funding appeared first on FinSMEs.

Funds 111
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5 Magnificent Numbers From Microsoft's Q3 Announcement

The Motley Fool

Microsoft (NASDAQ: MSFT) investors can get overly focused on one magnificent number: $3 trillion. That's the software giant's market capitalization right now, which marks a huge increase from the less than $1 trillion market cap the company held just five years ago. Don't forget that this phenomenal success was powered by the solid business wins that Microsoft has achieved in recent years, including establishing itself as an early leader in the artificial intelligence (AI) arms race.

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Atlan Raises $105M in Series C Funding

FinSMEs

Atlan, a San Francisco, CA-based data and AI governance company, raised $105m in Series C funding. The round, which brought total raised to more than $206m, was led by GIC, Singapore’s sovereign wealth fund, along with co-investor Meritech Capital, and existing investors Salesforce Ventures and PeakXV Partners. Led by Prukalpa Sankar, and Varun Banka, Atlan is a platform for data and […] The post Atlan Raises $105M in Series C Funding appeared first on FinSMEs.

Funds 110
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1 Super Semiconductor Stock Down 42% You'll Wish You'd Bought on the Dip

The Motley Fool

Semiconductor stocks have been a focal point for investors over the past year, with the likes of Nvidia and Advanced Micro Devices winning most of the attention because of their fast-growing presence in artificial intelligence (AI). But the AI opportunity is rapidly expanding, and one under-the-radar chip specialist says it's very excited to play a significant role in the industry, one that could drive its growth for several years.

Returns 246
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R&D Tax Credits for Startups: Fuel for Innovation and Growth

FinSMEs

In the dynamic and highly competitive startup landscape, innovation is the lifeblood that drives success. For startups, the ability to continuously develop and introduce groundbreaking products, services, or processes is crucial for gaining a foothold in the market and staying ahead of the curve. This is where research and development (R&D) tax credits come into […] The post R&D Tax Credits for Startups: Fuel for Innovation and Growth appeared first on FinSMEs.

Startups 105
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Why Intel Stock Pulled Back Today

The Motley Fool

Shares of Intel (NASDAQ: INTC) were sliding today after the U.S. revoked the company's license to sell chips to Huawei, the latest escalation in the ongoing tech cold war between the U.S. and China. As of 12:48 p.m. ET on Wednesday, Intel stock was down 2.9% on the news. Image source: Getty Images. The government giveth to Intel and the government taketh away A big part of the bull case on Intel these days is that the company is set to get billions of dollars from the government to build new sem

Returns 246
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BBVA launches €11.5bn hostile bid for Sabadell

Financial Times M&A

Spanish lender makes tender offer for shares of smaller rival after board rejects approach

Bidding 104
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The Most Important Retirement Table You'll Ever See

The Motley Fool

Retirement planning is tough, especially as many Americans are stretched thin financially right now. But it's more important than ever to have a robust nest egg, and the average U.S. adult expects to need around $1.8 million to retire comfortably, according to a 2023 survey from Charles Schwab. Saving for the future is often easier said than done, but the more time you have, the less effort it will take.

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Deal Roundup: Charlesbank seals dental membership plan merger, Apis exits Adumo

AltAssets

Charlesbank Capital Partners has launched Kleer-Membersy through the acquisition and merger of its namesake companies – both providers of technology-driven dental membership plans. The combined company will support an aggregate footprint of 20,000 dentists and millions of patients across all 50 states, covering everything from solo practices to the largest DSOs in the country.

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Spousal Social Security Benefits: 3 Things All Retired Couples Should Know

The Motley Fool

Nearly 1.9 million workers claimed spousal Social Security benefits in March 2024, with an average check of $912 per month. That adds up to just under $11,000 in annual benefits. It's not an insignificant sum, but you might be able to do a lot better. Understanding a few key rules could help you maximize your Social Security spousal benefit, so you can enjoy a more comfortable retirement.

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CVC takes stake in owner of paint group Farrow & Ball

Financial Times M&A

Investment by private equity firm values Danish group Hempel at more than $3.

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Here Are 3 Big Reasons Berkshire Hathaway Is Sitting on Almost $190 Billion in Cash

The Motley Fool

Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) recently released its first-quarter earnings, and we learned that the company's cash stockpile has grown to nearly $189 billion, which is by far the most it's ever had. Many investors, including Berkshire CEO Warren Buffett, would love to find an attractive way to invest that capital, but the conglomerate has had no such luck.

Taxes 245
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The Halifax Group Sells Majority Stake in Southern Exteriors

Private Equity Professional

The Halifax Group has sold a majority interest in Southern Exteriors, an installer of exterior building systems, to Monomoy Capital Partners. Southern Exteriors is a full-service installer of exterior building products including siding, roofing, gutters, and windows. The company primarily focuses on the residential market and services the largest national builders to regional, local and… This content is for members only.

Stakes 100
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CD Rates Above 5% May Not Last Much Longer. Here's Why I'm Still Not Rushing to Buy

The Motley Fool

Image source: Getty Images Many certificates of deposit (CDs) are currently offering rates above 5%. While you can still find tons of options out there if you're looking to earn these competitive yields, you have a smaller selection than you did just a few months ago. In fact, you had a choice of more than 3,900 CDs with rates equal to or above 5% in November of 2023 -- but you were down to only around 3,000 by March of this year.

Banks 245
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Wynnchurch is Now the King of Hydrochloric Acid

Private Equity Professional

Wynnchurch Capital has acquired Reagent Chemical & Research in partnership with members of the company’s senior management team. Family-owned Reagent Chemical & Research is a specialty distributor of hydrochloric acid and sodium hydroxide (also knows as lye or caustic soda). The company was founded in 1959 by Tom Skeuse, Sr., and is headquartered 44 miles… This content is for members only.

Capital 100
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3 No-Brainer Stocks to Buy With $20 Right Now

The Motley Fool

One of Wall Street's few guarantees investors can always count on is volatility. Over the prior four years, the historic Dow Jones Industrial Average , widely followed S&P 500 , and growth stock-energized Nasdaq Composite traded off bear and bull markets in successive years. If anything, this seesaw action drives home just how unpredictable the stock market can be over short timelines.

Debt 245
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Palm Beach Beats Fund VI Target

Private Equity Professional

Palm Beach Capital has held an above target close of its sixth private equity fund, Palm Beach Capital Fund VI LP, with more than $350 million of capital exceeding its target of $275 million. Fund VI’s limited partners include financial institutions, insurance companies, pension funds, foundations, endowments, consultants, funds of funds, and institutional family offices… This content is for members only.

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1 Artificial Intelligence (AI) Stock Down 29% to Buy Right Now Before It Soars 78%

The Motley Fool

Advanced Micro Devices ' (NASDAQ: AMD) artificial intelligence (AI)-fueled rally has come to a screeching halt in 2024. Shares of the chipmaker are down 29% since the beginning of March, when they were trading at a 52-week high, and the company's latest results aren't going to help arrest the slide. AMD released first-quarter 2024 results on April 30, and investors pressed the panic button.

Returns 245
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Trinity Capital Inc. Launches Sponsor Finance Vertical with New Strategic Hires

Private Equity Professional

Publicly traded Trinity Capital has formed a new sponsor finance vertical and added three new professionals to its team to staff the new strategy. Trinity Capital (NASDAQ: TRIN) is a provider of a range of financial services to growth-stage companies that have institutional equity investors. The firm’s objectives, across all its investment strategies, are to… This content is for members only.

Finance 100
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Is Costco.com Cheaper Than Instacart? You Might Be Surprised

The Motley Fool

Image source: Getty Images Sure, we all love spending an hour-plus hiking through the ever-changing aisles of Costco just to restock the pantry every month. But for those folks who aren't such big fans of the endless Costco journey, there are two options: Purchase what you can online through Costco.com, or place an Instacart order and let someone else brave the aisles for you.

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PE firm Cap10 appoints new Partner

Private Equity Wire

Cap10, a specialist pan-European private equity firm based in London, has appointed Luca Bonanomi as Partner. Bonanomi has spent the last decade at Blackstone, most recently as a Managing Director in the firm’s private equity group. In his new role, Bononami will be responsible for targeting unique investment opportunities and further establishing and scaling the Cap10 business in the mid-market space alongside existing Partners, Founding Partner Fabrice Nottin and CFO and COO Mandar Kulka

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Top 5 Tips to Make Your Side Hustle More 'Serious' (and Successful)

The Motley Fool

Image source: The Motley Fool/Upsplash So you've started a side hustle. Whether it's a graphic design consulting business, a small online craft store, a cupcake bakery, or a home-based meal prep service, a side hustle can be a great way to earn extra cash. But if you want to get serious about your side hustle and make the most money possible, you need to run it like a "real" business -- even if you only work at it a few hours a week.

Legal 244
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Ex-Triton exec Tonsgaard brought in by AIP as investor relations head

AltAssets

Former Triton Partners investor services head Amanda Tonsgaard has been hired by AIP Management as its head of investor relations. The post Ex-Triton exec Tonsgaard brought in by AIP as investor relations head first appeared on AltAssets Private Equity News.

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With the S&P 500 and Nasdaq Composite at All-Time Highs, Is Now the Worst Time to Buy Stocks in History?

The Motley Fool

With the major indices knocking on the door of new all-time highs, investors may be wondering if it's a bad time to buy stocks. After all, the Nasdaq Composite has nearly doubled over the last five years, and the S&P 500 is up 73%. It's been a particularly strong hot streak over the last 16 months or so, with the Nasdaq up over 50% since Dec. 31, 2022, and the S&P 500 up 32%.