Wed.Aug 07, 2024

article thumbnail

Social Security Benefits Get a Cost-of-Living Adjustment (COLA) in 2025. But There Is a Big Problem for Retirees.

The Motley Fool

Many Americans lack confidence in their ability to live comfortably through retirement. In fact, a 2023 survey from the Employee Benefit Research Institute (EBRI) found that confidence decreased more significantly last year than at any point since the Great Recession in 2008. Craig Copeland, director of Wealth Benefits Research at EBRI, attributed the problem to "the current economic climate, in particular inflation.

Education 246
article thumbnail

Animal Spirits: Flash Crash or Recession?

A Wealth of Common Sense

Today’s Animal Spirits is brought to you by Global X: See here to learn more about Global X’s suite of ETFs On today’s show, we discuss: A few thoughts on the market sell-off The Economic Experience of Non-College Americans Over the Pandemic After Years of Raising Prices, Food Companies Hit Consumers’ Limits Labor Market Constantly Changing Investment company outlook Snow Belt to Sun Belt Migr.

Companies 119
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

3 Soaring Stocks to Hold for the Next 20 Years

The Motley Fool

Things can happen fast on Wall Street. Investors recently switched lanes from inflation concerns to outright recession fears after a stream of weak economic data followed the Federal Open Market Committee's (FOMC) decision to hold interest rates steady until September. While nobody knows what the market or the economy will do in the future, volatility returned to the markets and could make things a bit bumpy over the coming months.

article thumbnail

Napkin Raises $10M in Seed Funding

FinSMEs

Napkin, a Los Altos, CA-based provider of Visual AI for Business Storytelling, raised $10m in seed funding. Backers included Accel and CRV. The company is using the funds to expand operations and its development efforts. Led by CEO Pramod Sharma, Napkin is advanging an AI powered business storytelling platform for professionals, writers, educators, and content […] The post Napkin Raises $10M in Seed Funding appeared first on FinSMEs.

Funds 112
article thumbnail

Where Will Nvidia Stock Be in 5 Years?

The Motley Fool

Over the last 18 months or so the capital markets have kicked into a new gear thanks in large part to the technology sector's interest in artificial intelligence (AI). Among AI's hottest opportunities are the " Magnificent Seven " -- a moniker used to collectively describe mega cap tech businesses Microsoft , Meta , Apple , Tesla , Amazon , Alphabet , and Nvidia (NASDAQ: NVDA).

Returns 246
article thumbnail

UK to introduce bill to regulate ESG rating agencies

Financial Times: Moral Money

Announcement by chancellor Rachel Reeves comes amid global drive to increase transparency of sector

107
107

More Trending

article thumbnail

Pershing Square weighs deal to take property group Howard Hughes private

Financial Times M&A

Bill Ackman’s fund eyes real estate company after his recent attempt to take his US entity public came to abrupt halt

Funds 104
article thumbnail

Here's My Top AI Stock to Buy in August

The Motley Fool

Let's be honest. After the stunning launch of OpenAI's ChatGPT in late 2022, the generative artificial intelligence (AI) industry has been more hype than substance. While hardware makers like Nvidia or Advanced Micro Devices have made tons of money selling the chips needed to run and train these complex algorithms, there have been conspicuously fewer profits on the consumer-facing software side of the opportunity.

article thumbnail

Solving the carbon market ‘integrity crisis’

Financial Times: Moral Money

Companies should consider new approaches to using carbon credits

Companies 101
article thumbnail

Study Shows: White Americans Have up to 6 Times More Money in the Bank Than Minorities

The Motley Fool

Image source: The Motley Fool/Upsplash Have you ever wondered what it's like to be someone else? How your life might be different if you'd been born to different circumstances, or with a different culture entirely? If you're a white American, being born as a minority would have given you a very different life, indeed, including entirely different financial circumstances.

Banks 49
article thumbnail

Veritas Capital to acquire NCR Voyix’s digital banking business for $2.45bn

Private Equity Wire

Veritas Capital, a $40bn private investment firm focused on companies that provide critical products, software, and services to government and commercial customers, is to acquire NCR Voyix’s cloud-based digital banking business for $2.45bn in cash. The terms of the transaction include a future additional contingent consideration of up to $100m. NCR Voyix’s digital banking platform is currently the largest independent platform of its kind in the United States.

Banks 98
article thumbnail

Where Will Nvidia Stock Be in 1 Year?

The Motley Fool

Nvidia (NASDAQ: NVDA) has been one of the top stocks on the market in the past year, delivering outstanding gains of 142% to investors as of this writing, but a closer look at this semiconductor giant's recent stock price action suggests that its stunning rally may have finally come to a halt. Shares of Nvidia hit a 52-week high on June 20. However, the stock has pulled back by 22% since then.

Investors 246
article thumbnail

Private credit firms mull $1bn AirTrunk buyout loan

Private Equity Wire

Private credit funds are currently in discussions to provide at least AUD1.5bn ($978m) in junior debt to support a potential buyout of Australian data centre operator AirTrunk, according to a report by Bloomberg citing unnamed sources sources familiar with the negotiations. These loans from direct lenders would complement an existing AUD7bn financing offer from banks, the sources said.

Buyout 98
article thumbnail

You Won't Believe How Much the Average 64-Year-Old Has in the Bank. How Do You Compare?

The Motley Fool

Image source: Getty Images When you're in your 60s, you may be retired or nearing retirement. You need to have your financial ducks in a row as you reach this age since your paychecks will soon stop if they haven't already. So, how much does the typical 64-year-old have in their savings account ? The numbers aren't pretty. Here's the average balance for a 64-year-old.

Banks 49
article thumbnail

First Reserve promotes Associate to VP 

Private Equity Wire

First Reserve, a global private equity firm investing across energy, utility, and general industrial end-markets, has promoted Rohit Agarwal from Associate to Vice President. Agarwal is a member of the firm’s private equity investment team. He has contributed to investment funds and portfolio companies including Refuel, USA DeBusk and Hoover Circular Solutions.

article thumbnail

How to Find the Best Passive Income Source For You

The Motley Fool

Image source: Getty Images From passive income sources to side hustles, skyrocketing living costs have left many of us looking for ways to boost our checking account balances. In that sense, passive income -- making money without actively working for every cent -- sounds like a dream come true. The reality is a little different. Without going all Shakespeare on you, nothing will come of nothing.

article thumbnail

Stonepeak closes Opportunities Fund at $3.15bn

Private Equity Wire

Stonepeak, an alternative investment firm specialising in infrastructure and real assets, has held the final close of its Stonepeak Opportunities Fund at its revised hard cap of $3.15bn, after strong investor demand exceeded the original $2.5bn target. The fund, which targets core-plus and value-add opportunities in the middle-market infrastructure sector, including control investments as well as structured capital solutions, with a focus on communications, transport and logistics, and energy an

Funds 98
article thumbnail

Better AI Stock: Lumen Technologies vs. Broadcom

The Motley Fool

Lumen Technologies (NYSE: LUMN) and Broadcom (NASDAQ: AVGO) were both driven higher by the buying frenzy in artificial intelligence (AI) stocks. Over the past 12 months, Lumen's stock surged more than 70% as Broadcom's stock rallied over 60%. Lumen, the telecom company formerly known as CenturyLink, impressed the bulls by signing a new AI infrastructure deal with Microsoft and a fiber supply deal with Corning.

article thumbnail

Ares Management leads private credit expansion in Italy

Private Equity Wire

Global private credit firms, led by industry giant Ares Management, are turning their focus on Italy, as more small businesses – the backbone of country’s economy – open up to external investors, providing increased buyout opportunities, according to a report by Reuters. According to Deloitte, Italy has seen 140 direct lending deals over the past 45 quarters, representing just 4.3% of continental Europe’s total transactions.

article thumbnail

MicroStrategy's 10-for-1 Stock Split Is Imminent: 10 Things You Need to Know

The Motley Fool

Though there's little doubt Wall Street is enamored with the rise of artificial intelligence (AI), the return of stock-split euphoria has given investors another reason to cheer. A stock split gives publicly traded companies the ability to alter their share price and outstanding share count by the same factor. Over the last six months, 12 time-tested companies have announced or completed a stock split.

Debt 246
article thumbnail

Both sides of the ‘co-in’ vestment

Private Equity Wire

A conversation with Ben Wallwork, Partner, Co-investments at Adams Street, about the evolution of the firm’s co-investments platform in tandem with market shifts. If co-investments were already on the up over the last decade – quadrupling in commitments to $16bn in 2021, according to Pitchbook – the incumbent interest rate environment and consequent fundraising challenges have only served to fuel demand.

Capital 98
article thumbnail

I Used to Think I'd Claim Social Security at 70. Here's Why I Now Think That's a Mistake.

The Motley Fool

Social Security is a surprisingly flexible program in that you get a choice as to when to sign up. The earliest age you can claim benefits is 62. But you're not eligible for your complete monthly benefit based on your individual wage history until full retirement age arrives. That age is 67 if you were born in 1960 or later. You can also snag a much higher monthly benefit by delaying your Social Security claim until age 70.

246
246
article thumbnail

Emera sells New Mexico Gas Company to Bernhard Capital in $1.25bn deal

Private Equity Wire

Emera, an international energy and services company, is to sell its wholly owned operating company, New Mexico Gas Company, to Bernhard Capital Partners, a services and infrastructure-focused private equity management firm, for an aggregate transaction value of $1.252bn. The deal, which includes the assumption of approximately $500m of debt, is subject to customary closing adjustments.

article thumbnail

Will You Get More Social Security Benefits in 2025? It's Complicated

The Motley Fool

We've still got nearly five months left of 2024, but many seniors' eyes are already turning toward the 2025 Social Security cost-of-living adjustment (COLA). Though inflation is slowing, it's taken quite a toll on retirees' budgets, and many are hoping for some much-needed relief in the new year. We don't know what the 2025 COLA will look like yet. That news is coming in October.

Taxes 246
article thumbnail

NY pension giant commits more than $800m to buyout funds

AltAssets

The $145.5bn-managing New York State Teachers’ Retirement System has agreed to invest more than $800m across a string of private equity fundraises. The post NY pension giant commits more than $800m to buyout funds first appeared on AltAssets Private Equity News.

Buyout 98
article thumbnail

Where Will Nvidia Stock Be in 3 Years?

The Motley Fool

As I expected, Nvidia's (NASDAQ: NVDA) rocket-ship rally is beginning to stall, with shares down by roughly 21% over the last 30 days. And while Nvidia is still a great company, the combination of a high valuation and low diversification leaves room for continued downside. Let's explore how recession fears and artificial intelligence (AI) fatigue could play out over the next three years.

Returns 246
article thumbnail

Perkins Coie appoints private funds partner in New York

Private Equity Wire

International law firm Perkins Coie has added private funds partner Kerry Potter McCormick, who advises private equity funds, hedge funds, real estate funds, credit funds and funds-of-funds, to the firm’s corporate and financial regulation practices in New York. She joins Perkins Coie from Barnes & Thornburg, having also previously served as a private funds and products counsel for Apollo Global Management.

article thumbnail

Nvidia Dropped to $100 in the Market Sell-Off: Buy, Sell, or Hold?

The Motley Fool

Monday was a brutal day for stocks, as a global sell-off drove the S&P 500 and the Dow Jones Industrial Average to their worst performances in almost two years. The reason for the troubles? A weaker-than-expected U.S. jobs report last week and concern about the absence of interest rate cuts have investors worried about what's ahead. And this has weighed on many of the market's best performers this year, including star chip designer Nvidia (NASDAQ: NVDA).

Prospects 245
article thumbnail

Blackstone Energy Transition Partners Announces Majority Investment in Westwood Professional Services, Inc., Leading Engineering & Consulting Firm

Blackstone News

The post Blackstone Energy Transition Partners Announces Majority Investment in Westwood Professional Services, Inc., Leading Engineering & Consulting Firm appeared first on Blackstone.

article thumbnail

Better Chip Stock: Intel vs. Arm Holdings

The Motley Fool

Intel (NASDAQ: INTC) and Arm Holdings (NASDAQ: ARM) , two of the bellwethers of the semiconductor sector, recently plummeted after their latest earnings reports. Intel missed analysts' estimates on the top and bottom lines, suspended its dividend, and announced plans to lay off 15% of its global workforce to cut costs. Those disastrous developments cause its stock to sink 26% to its lowest levels in over a decade on Aug. 2.

article thumbnail

Pollen Street Capital acquires Swiss wealthtech provider Etops Group 

Private Equity Wire

Private capital asset manager Pollen Street Capital has acquired Etops Group in an add-on transaction for its new European wealth and asset management software group, which was announced in Q4 2023. Founded by CEO Pius Stucki and based near Zug, Switzerland, Etops provides provides data consolidation, portfolio management, CRM and reporting services to approximately 100 clients across the wealth and asset management sectors.

Capital 95
article thumbnail

Intel Stock Just Got Crushed. Here Are 3 Reasons It Could Go Even Lower.

The Motley Fool

If there were a trifecta for terrible earnings reports, Intel (NASDAQ: INTC) would have just won it. The blue chip tech stock missed estimates in its second-quarter earnings report, offered guidance below expectations, eliminated its dividend, and announced a round of layoffs and cost cuts. Any of those news items on its own would have been enough to send the stock spiraling, but all four at once show a company in utter disarray, one that can't meet its own forecasts, maintain cash flow to retur

Stakes 245
article thumbnail

Stonepeak seals $3.15bn for Opportunities Fund after raising hard cap

AltAssets

Infrastructure and real assets investor Stonepeak has hit its upsized $3.15bn hard cap for its oversubscribed Opportunities Fund. The post Stonepeak seals $3.15bn for Opportunities Fund after raising hard cap first appeared on AltAssets Private Equity News.

Funds 92
article thumbnail

Chips, Glorious Chips!

The Motley Fool

In this podcast, Motley Fool analyst Asit Sharma and host Mary Long look at earnings reports from companies on either end of the AI spending spree. They also discuss: Whether you should fall in love with companies. AMD 's data center business. Meta 's "special treatment." Then, Motley Fool analyst Karl Thiel and host Ricky Mulvey look at Dexcom , a medical device manufacturer that's fallen out of favor with Wall Street.

Companies 244