The Motley Fool
JULY 31, 2024
Image source: The Motley Fool/Upsplash It's never too early for small business owners to start thinking about taxes. Small business tax season goes all year round -- with quarterly estimated tax payments, payroll taxes, and other tax obligations specific to your state or industry. But unfortunately, small business owners can be uniquely vulnerable to tax scams and misunderstandings.
FinSMEs
JULY 31, 2024
Ema, a San Francisco, CA-based generative AI company creating the universal employee of the future, added $36M to its Series A funding which now totals $50M. The round was led by Accel and Section 32 with participation from Prosus Ventures, Sozo Ventures, Hitachi Ventures, Wipro Ventures, SCB 10X, Colle Capital and Frontier Ventures. The company, which has […] The post Ema Adds $36M to Series A Funding appeared first on FinSMEs.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
The Motley Fool
JULY 31, 2024
Arguably no trend has been hotter on Wall Street over the last year and change than artificial intelligence (AI). Put simply, AI allows software and systems to oversee tasks that would normally be assigned to humans. The game-changing growth potential AI brings to the table has everything to do with software and systems being able to learn without human intervention.
FinSMEs
JULY 31, 2024
Noze, a Montreal, Canada-based leader in breath-based diagnostics, secured a $5m equity investment from the Bill & Melinda Gates Foundation. The funding follows two previous grants from the foundation, bringing its total contribution to $6.8m. The company intends to use the funds for further development of its disease detection platform for deployment in low and middle-income countries.
The Motley Fool
JULY 31, 2024
The Russell 2000 features approximately 2,000 of America's smallest listed companies. At Tuesday's close, the index has surged by a whopping 10.3% since July 1, crushing the widely followed S&P 500 , which is trading flat since then. Investors are predicting the U.S. Federal Reserve will cut interest rates three times before the end of 2024 thanks to favorable inflation and unemployment data.
FinSMEs
JULY 31, 2024
FranShares, a Chicago, IL-based provider of a platform for franchise investing, raised $4.1M in seed funding. The round, which brought brings total capital raised to date to $5.76M, was led by Chicago Ventures. The company intends to use the new capital to expand its business and launch a secondary marketplace later this year. Founded by […] The post FranShares Raises $4.1M in Seed Funding appeared first on FinSMEs.
Private Equity Central brings together the best content for private equity professionals from the widest variety of industry thought leaders.
Private Equity Wire
JULY 31, 2024
Johannesburg-based Westbrooke Alternative Asset Management raised £15m (ZAR350m) in Q2 2024 for its flagship private credit fund, Westbrooke Yield Plus, according to a report by FAnews. The private credit fund also removed initial lock-in periods during Q2. The report quotes Dino Zuccollo, head of investor solutions at Westbrooke: “Westbrooke Yield Plus now boasts a six-year track record of performance and has never had a down month.
The Motley Fool
JULY 31, 2024
Image source: Getty Images As a bespectacled American, I have spent many, many hours of my life in optical centers and ordering glasses and contacts. There's not really anything fun about it. But as it turns out, Costco has its own optical center, which I literally did not realize until I started researching this article. The good news is that these optical centers have a lot of perks that many Costco members have no idea about.
Private Equity Wire
JULY 31, 2024
Hunter Point Capital, an investment firm providing capital to alternative asset managers, has appointed SD Chu and Akira Takahashi as Managing Director, Singapore and Senior Advisor, Japan respectively. Chu and Takahashi will be responsible for building HPC’s presence in Asia and helping the firm’s GP partners build and strengthen relationships in the region.
The Motley Fool
JULY 31, 2024
The rise of artificial intelligence (AI) has led to massive stock gains for some companies. In a few cases, the increase was so significant that it prompted a company to initiate a stock split. Admittedly, the stock split may have happened for a variety of reasons, including an attempt to avoid the appearance of overvaluation. Nonetheless, when accounting for factors such as the business, growth rates, and valuation, one stock-split stock stands out as an excellent buy.
Private Equity Wire
JULY 31, 2024
A consortium of direct lenders, including Ares Management Corp and HPS Investment Partners, is arranging a $3bn credit facility to support Carlyle Group Inc’s potential acquisition of Baxter International Inc’s Vantive kidney-care division, according to a report by Bloomberg. The report cites unnamed sources familiar with the matter as confirming that the the financing package consists of a $2.5bn unitranche loan and a $450m revolver.
The Motley Fool
JULY 31, 2024
Will 2025's Social Security cost-of-living adjustment (COLA) be a generous one? That's looking less and less likely by the day. The good news is that the current 2.63% COLA estimate for 2025 is higher than previous ones from earlier in the year. The bad news is that next year's COLA is shaping up to be considerably smaller than 2024's. Given that this year's COLA was a big step down from 2023's, it doesn't paint the most comforting picture for Social Security recipients.
Private Equity Wire
JULY 31, 2024
Crestline, an alternative asset manager based in Fort Worth, Texas, which had more than $18bn in assets under management at the end of last year and specialises in credit and opportunistic investments, is exploring strategic options, including a possible sale, according to a report by Bloomberg. The report cites sources familiar with the matter as confirming that the firm, which was founded in 1997, is working with an adviser to gauge interest from potential buyers.
The Motley Fool
JULY 31, 2024
Image source: Getty Images I've used Facebook Marketplace, an online marketplace for used goods, to clean out my college dorm and sell things too delicate to ship. The marketplace connects sellers with millions of buyers through Facebook, and you can sell locally for zero fees. It's made me hundreds. My brother used it to make $10,000 in three months by reselling exercise equipment.
Private Equity Wire
JULY 31, 2024
Acuity Knowledge Partners, a research, analytics, staffing and technology provider to the financial services sector including hedge funds and private equity firms, has appointed Jon O’Donnell as Chief Operating Officer. In his new role, O’Donnell will join Acuity’s executive committee and oversee its digital solutions group, global strategy and various enablement teams including information technology, information security and legal.
The Motley Fool
JULY 31, 2024
It can feel overwhelming to figure what stocks to buy (or sell), and for that matter, which ones offer the most upside. But making the right choices is a lot easier when you know where to look for the best information. Most companies, but not all, host quarterly earnings calls with Wall Street analysts to talk about what happened in the recent quarter and what to expect in the year ahead.
AltAssets
JULY 31, 2024
EB-SIM and Union Investment have raised €500m for the second close of their renewable energy fund. The post EB-SIM, Union Investment reach €500m for renewable energy investment fundraise first appeared on AltAssets Private Equity News.
The Motley Fool
JULY 31, 2024
Image source: Upsplash/The Motley Fool Anyone who feels as if car insurance premiums have gotten way too expensive in the past few years is not hallucinating. Between February 2023 and February 2024, car insurance costs went up by 21%. So for example, a car insurance premium that cost $300 per month in February 2023 might cost $363 per month one year later.
FinSMEs
JULY 31, 2024
Graphyte, a Pine Bluff, Arkansas-based leader in the durable carbon removal industry, closed a $30m Series A funding round. The round was co-led by Prelude Ventures and Carbon Direct Capital, with participation from existing investors Breakthrough Energy Ventures (BEV) and Overture. The company intends to use the funds to will accelerate deployment of its technology, […] The post Graphyte Raises $30M in Series A Funding appeared first on FinSMEs.
The Motley Fool
JULY 31, 2024
After years of struggle, SoundHound AI (NASDAQ: SOUN) seems to have found its place in the tech industry. As the company settles on becoming a leader in voice recognition software, it has won contracts from various companies and an investment from AI chip leader Nvidia. Despite those successes, SoundHound faces ongoing losses and significant difficulties on the financial side of the business.
AltAssets
JULY 31, 2024
Conviction Partners, a VC firm "purpose-built to serve AI-Native, 'Software 3.0' companies", is eyeing a fundraise of up to $230m. The post Ex-Greylock general partner Guo eyes $230m for sophomore Conviction Partners fundraise first appeared on AltAssets Private Equity News.
The Motley Fool
JULY 31, 2024
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) has been a long-term winner on the stock market as its dominance of online search and digital advertising has delivered strong growth and steady returns, fueling new businesses as well, like Google Cloud. However, investors were underwhelmed by Alphabet's second-quarter earnings report as the stock fell on the news even though the company beat analyst estimates.
FinSMEs
JULY 31, 2024
Not Diamond, a San Francisco, CA-based product that gives developers the ability to intelligently route AI queries to the best-suited models, raised $2.3M in funding. The round was led by defy.vc with participation from the world’s leading AI scientists, engineers, and executives including Jeff Dean (Google), Julien Chaumond (Hugging Face), Zack Kass (OpenAI), Ion Stoica […] The post Not Diamond Raises $2.3M in Funding appeared first on FinSMEs.
The Motley Fool
JULY 31, 2024
Fool.com contributor Parkev Tatevosian discusses what investors should look for from SoundHound AI (NASDAQ: SOUN) and its quarterly earnings release. *Stock prices used were the afternoon prices of July 28, 2024. The video was published on July 30, 2024. Should you invest $1,000 in SoundHound AI right now? Before you buy stock in SoundHound AI, 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 SoundHou
A Wealth of Common Sense
JULY 31, 2024
Today’s Animal Spirits is brought to you by YCharts and CME Group: See here for the YCharts Advisor Pulse newsletter! See here for more information on CME Group’s valuable educational materials and trading tools and learn more about what adding futures can do for you. On today’s show, we discuss: The Lion in Winter via Michael Cembalest How to Increase the Odds of Owning the Few Stocks that Drive R.
The Motley Fool
JULY 31, 2024
Nvidia (NASDAQ: NVDA) stock posted a big gain in Wednesday's trading session, up by 12.8% at the close, according to data from S&P Global Market Intelligence. The chipmaker got a boost from bullish news in the quarterly reports published by Advanced Micro Devices and Microsoft Tuesday. Both high-profile tech players beat expectations for sales and earnings, and each shared additional details that bode well for Nvidia.
FinSMEs
JULY 31, 2024
Leaf, a NYC-based unified farm data API and farm data processing platform, closed a $11.3m Series A funding. The round was led by with participation from all existing investors. Andrew Parker has joined Leaf’s Board of Directors. The team expects to use these funds to expand their suite of product offerings and partnerships. Led by G. Bailey Stockdale, the […] The post Leaf Agriculture Raises $11.3M in Series A Funding appeared first on FinSMEs.
The Motley Fool
JULY 31, 2024
Over the last 19 months, the bulls have been in charge on Wall Street. Continued growth for the U.S. economy, coupled with the rise of artificial intelligence (AI) and stock-split euphoria, have pushed the Dow Jones Industrial Average , S&P 500 , and Nasdaq Composite to multiple record-closing highs. However, corrections are a normal and inevitable part of the investing cycle.
Private Equity Wire
JULY 31, 2024
Private investment firm Arctos Partners has acquired British Columbia Investment Management Corporation’s majority stake in Europe-focused private credit firm Hayfin Capital Management. Upon completion of the transaction, which is expected to close in Q4 2024 and values the business at €1.3bn, BCI will remain a limited partner in several of Hayfin’s fund strategies.
The Motley Fool
JULY 31, 2024
Image source: Getty Images When my husband and I first got married, we set up a budget that we did our best to follow carefully month after month. And it worked to a large degree. We were able to allocate money toward our savings regularly. And knowing how much we were supposed to spend on each expense category helped us stay on track. But years later, my husband and I got tired of budgeting.
FinSMEs
JULY 31, 2024
Thumbtack, a San Francisco, CA-based technology company enabling people to improve their homes, received $75m in financing. Silicon Valley Bank (SVB), a division of First Citizens Bank, and Hercules Capital, Inc. (NYSE: HTGC) provided the debt facility. Thumbtack is a technology company providing people with tools to complete small fixes, routine maintenance, and major improvements […] The post Thumbtack Receives $75M in Financing appeared first on FinSMEs.
The Motley Fool
JULY 31, 2024
It's been quite the ride for Nvidia (NASDAQ: NVDA) investors over the past few years. If you were lucky enough to buy in 2022 before the stock went on a tear, you could be up nearly 800% -- not a bad return. The semiconductor designer almost singlehandedly supplies the artificial intelligence (AI) industry with its enormously powerful "superchips" and is rewarded handsomely for it.
FinSMEs
JULY 31, 2024
Watermelon Ecosystem, a Dubai, UAE-based tech startup innovating the F&B industry, closed its $4m Series A funding round at a post-money valuation of $29m. The company intends to use the funds to accelerate its local and regional growth, enhance its technological offerings and expand its market presence. Led by Mr. Omar AlShamsi, CEO, Watermelon Watermelon […] The post Watermelon Raises $4M in Series A Funding appeared first on FinSMEs.
The Motley Fool
JULY 31, 2024
T-Mobile US (NASDAQ: TMUS) stock gained 3.1% through 10:35 a.m. ET after the company reported beats on both top and bottom lines Wednesday morning. Wall Street analysts had forecast the cellphone operator would earn $2.28 per share on almost $19.6 billion in sales in Q2 2024. In fact, T-Mobile reported a $2.49-per-share profit and sales of nearly $19.8 billion.
Expert insights. Personalized for you.
246 
Let's personalize your content