Thu.Nov 07, 2024

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The Stock Market Is Doing Something It Has Only Done 6 Times in 50 Years. It Could Signal a Big Move in 2025.

The Motley Fool

The S&P 500 (SNPINDEX: ^GSPC) has advanced 80% since 2019, and most of that upside came from a relatively small number of stocks. Apple and Nvidia alone contributed a quarter of the gains, and the Magnificent Seven accounted for half. Consequently, the S&P 500 has become increasingly concentrated. In fact, the 10 largest companies now account for 36% of its market value, which has never happened before.

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Presidential Terms, Recessions & Bear Markets

A Wealth of Common Sense

Bill Artzerounian joined me on this show this week to talk about the election’s impact on your taxes, the downsides of early retirement, tax planning for retirement and when to fill up your Roth buckets for retirement savings. Further Reading: Some Things I Don’t Believe About Investing The post Presidential Terms, Recessions & Bear Markets appeared first on A Wealth of Common Sense.

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Palantir Just Crushed Estimates Again. How High Can the Stock Go?

The Motley Fool

Nvidia has been the clear undisputed leader of the artificial intelligence (AI) boom, but Palantir Technologies (NYSE: PLTR) isn't far behind. The data fusion specialist just delivered another smashing earnings report, and if its after-hours gains hold, it will have gained 172% year to date. Along the way, the company has delivered accelerating revenue growth, rapidly built up its commercial business, and gained entry to the S&P 500 , thanks to its soaring market cap and its consistent and g

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Cloverleaf AI Raises $2.8M In Seed Funding

FinSMEs

Cloverleaf AI, a Denver, CO-based provider of solutions for government contractors, raised $2.8M in Seed funding. The round was led by Jackson Square Ventures, with participation from First Mile, TechStars, and legal Tech Fund. The company intends to use the funds to expand operations and its development efforts. Led by CEO Adam Zucker, Cloverleaf AI provides transparency […] The post Cloverleaf AI Raises $2.8M In Seed Funding appeared first on FinSMEs.

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Why MercadoLibre Stock Sank Today

The Motley Fool

Shares of Latin American e-commerce platform, logistics network, and financial technology (fintech) giant MercadoLibre (NASDAQ: MELI) sank on Thursday after reporting financial results for the third quarter of 2024. The company's profits came up quite short of expectations. And that's why MercadoLibre stock was down nearly 16% as of 1 p.m. ET. Investors are worried about profits MercadoLibre still has no problem whatsoever with growth -- its Q3 revenue was $5.3 billion, which was up 35% year ove

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Corgea Raises $2.6M in Seed Funding

FinSMEs

Corgea, a San Francisco, CA-based cybersecurity startup providing an AI-powered security platform, raised $2.6M in Seed funding. The round was led by Shorooq Partners, with participation from investors Y Combinator (YC), Propeller, Decacorn Capital, Unbound Ventures, and various angels such as Jawed Karim (co-founder of Youtube & Y Ventures) and Sam Kassoumeh (Co-founder of SecurityScoreCard). […] The post Corgea Raises $2.6M in Seed Funding appeared first on FinSMEs.

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Blackstone strikes $4bn take-private deal for Retail Opportunity Investments Corp

Private Equity Wire

Blackstone Real Estate is to acquire Retail Opportunity Investments Corp (ROIC), which specialises in grocery-anchored retail properties, in an all-cash take-private deal valued at approximately $4bn, including debt. Under the terms of the agreement, Blackstone will acquire all outstanding common shares of ROIC at $17.50 per share—a 34% premium over ROIC’s closing price on 29 July, 2024, just before reports of a potential sale surfaced.

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Prediction: This Relentless Vanguard ETF Will Beat the S&P 500 Again in 2025

The Motley Fool

The S&P 500 is in the midst of a powerful bull run. The index is up 20.8% this year, which is already more than double its average annual gain dating back to its inception in 1957. However, the Vanguard S&P 500 Growth ETF (NYSEMKT: VOOG) is doing even better with a 27% year-to-date gain. This exchange-traded fund ( ETF ) has also beaten the S&P 500 every year, on average, for the last two decades.

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Bowmark makes Managing Partner promotion

Private Equity Wire

Bowmark Capital, a £2bn UK-based private equity firm focussed on investments in technology, data, and services companies, has promoted Tom Shelford, head of the firm’s Software practice to Managing Partner. Shelford joined Bowmark in 2008, becoming a partner in 2014 and a member of the Investment Committee and Executive Board in 2016. He has played a key role in the firm’s development over the past 16 years, and has been responsible for a number of successful investments.

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Is Altria Group a Buy, Sell, or Hold in 2025?

The Motley Fool

Stodgy tobacco stock Altria Group (NYSE: MO) , most known for selling Marlboro cigarettes in the U.S. and paying hefty dividends to its shareholders, has sprung to life this year. The stock has returned over 34% year to date, good enough to outpace the S&P 500 , even when excluding dividends. It's a pleasant gift to investors, who also enjoy a whopping 7.5% dividend yield from Altria.

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EIF, Fondo Italiano d’Investimento backing helps Primo Capital healthcare fund to $64m first close

AltAssets

Primo Health, a newly-launched private equity fund focused on small and medium-sized healthcare companies in Italy, has hit a $64m first close. The post EIF, Fondo Italiano d’Investimento backing helps Primo Capital healthcare fund to $64m first close appeared first on AltAssets Private Equity News.

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Why Is Everyone Talking About Xiaomi Stock?

The Motley Fool

Three years ago, Chinese smartphone manufacturer Xiaomi (OTC: XIACF) garnered attention from the electric vehicle (EV) industry when it announced its plan to enter the EV market. In March 2024, the company realized its goal when it launched its SU7 Series on the Chinese market. But interest in Xiaomi really accelerated after the company recently received some high praise from Ford (NYSE: F) CEO Jim Farley during his appearance on the "The Fully Charged Podcast.

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EQT makes €1.3bn OEM International take-private offer

Private Equity Wire

EQT, a private investment firm with €246bn in total assets under management, has made a SKR15.3bn (€1.3bn) take-private offer for Stockholm-listed industrial component distributor OEM International, according to a report by PE Hub. Key OEM stakeholders have backed the offer by agreeing to sell about 75% of their shares, which equates to around 72.5% of the company’s total voting rights and approximately 25.7% of its share capital.

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Billionaire Jeff Yass Sold 61% of Susquehanna's Stake in Palantir and Is Piling Into Another Headline-Grabbing Artificial Intelligence (AI) Stock

The Motley Fool

Over the last two years, there's not been a hotter trend on Wall Street than the rise of artificial intelligence (AI). In Sizing the Prize , the analysts at PwC predict AI will lift worldwide gross domestic product by $15.7 trillion come 2030. The overwhelming potential for artificial intelligence to infiltrate almost every sector and industry of the global economy isn't lost on Wall Street analysts or its top money managers.

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Sullivan Street exits grounds maintenance company Tivoli to the Nurture Group

Private Equity Wire

Sullivan Street Partners, a UK-based mid-market buy-out specialist, has exited its investment in Tivoli with a sale to the Nurture Group, a provider of grounds maintenance, interior and exterior plant displays, winter gritting and green solutions for the corporate sector. Headquartered in Cheshire, Tivoli services both public and private sectors across the UK, completing projects in grounds and winter maintenance, arboriculture, as well as interior plants and floristry.

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Here's the Average Social Security Benefit for Retirees in all 50 States

The Motley Fool

Social Security is an important source of income for most retired Americans, but benefits vary greatly across the 50 states. For instance, the median-monthly payout for New Jersey residents exceeds the median-monthly payout for Mississippi residents by more than $420, and the annual discrepancy tops $5,100. However, the Social Security Administration (SSA) does not consider state of residence when calculating retired-worker benefits, at least not directly.

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BlackRock preps $1.3bn private credit continuation fund

Private Equity Wire

BlackRock is preparing to launch a private credit loan fund which is aiming to raise up to $1.3bn to distribute to existing investors, according to a report by Bloomberg, citing sources familiar with the plan. The transaction, which is being arranged by Jefferies Financial Group, will consist of approximately 300 first-lien loan positions and represents one of the largest private credit transfers into a continuation fund, Bloomberg’s sources said.

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Prediction: SoFi Stock Will Double by 2026

The Motley Fool

Investors are getting excited about SoFi Technologies (NASDAQ: SOFI) stock again. The fintech superstar lost market confidence earlier this year as its lending business came under pressure from interest rates, but it has continued to gain traction as a real alternative to the big, traditional banks. Chief Executive Officer Anthony Noto is confident that SoFi will become one of the 10 biggest banks in the country.

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Blackstone’s Blitzer to stop day-to-day management of $37bn Tactical Opportunities arm

AltAssets

David Blitzer, the head of Blackstone's $37bn Tactical Opportunities unit targeting non-traditional PE and debt deals, is stepping back from day-to-day management of the business arm. The post Blackstone’s Blitzer to stop day-to-day management of $37bn Tactical Opportunities arm appeared first on AltAssets Private Equity News.

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Meta Is Making Massive Artificial Intelligence (AI) Moves, but Is the Stock a Buy?

The Motley Fool

Meta Platforms (NASDAQ: META) is probably best known for its social media apps. From Facebook and Messenger to WhatsApp and Instagram, these platforms are leaders worldwide. More than 3.2 billion people use at least one of them daily. This has helped the company grow revenue over time into the billions of dollars and even have enough earnings power to launch a dividend this year.

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Deal Roundup: GHO, Ampersand seal $1.1bn Avid Biosciences deal, Mutares makes 15th acquisition of 2024

AltAssets

GHO Capital Partners and Ampersand Capital Partners have agreed to buy biologics CDMO Avid Biosciences in a $1.1bn deal. The post Deal Roundup: GHO, Ampersand seal $1.1bn Avid Biosciences deal, Mutares makes 15th acquisition of 2024 appeared first on AltAssets Private Equity News.

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This Nearly 8.5%-Yielding Dividend Stock Has Plenty of Fuel to Grow Through at Least 2026

The Motley Fool

MPLX (NYSE: MPLX) has been a very steady grower over the years. It has invested heavily in organic expansion projects and acquisitions to grow its midstream footprint. These investments have paid big dividends for investors over the years. The master limited partnership (MLP) has increased its distribution every year since it came public in 2012. The MLP has plenty of fuel to continue growing its high yield of nearly 8.5% in the coming years.

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Buffett’s Apple sales and cash pile spark intrigue over motives

Financial Times M&A

Berkshire Hathaway has investors asking questions after filling its coffers by unwinding its most profitable trade

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Arista Networks (ANET) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Arista Networks (NYSE: ANET) Q3 2024 Earnings Call Nov 07, 2024 , 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Welcome to the third quarter 2024 Arista Networks financial results earnings conference call. During the call, all participants will be in a listen-only mode.

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Thesys Raises Over $4M in Seed Funding

FinSMEs

Thesys, a San Francisco, CA-based user interface startup focused on AI apps, raised $4m in seed funding. The round was led by Together Fund, with participation from 8vc. The company intends to use the funds to expand operations and its development efforts. Founded by Rabi Shanker Guha and Parikshit Deshmukh, Thesys provides a platform that […] The post Thesys Raises Over $4M in Seed Funding appeared first on FinSMEs.

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The Trade Desk (TTD) Q3 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. The Trade Desk (NASDAQ: TTD) Q3 2024 Earnings Call Nov 07, 2024 , 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings. Welcome to the Trade Desk third quarter 2024 earnings conference call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation.

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BlackRock in talks to take minority stake in Millennium

Financial Times M&A

Two groups explore strategic partnership as world’s largest asset manager seeks to expand in fast-growing alternatives

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Why SoundHound AI Stock Soared on Thursday

The Motley Fool

Shares of SoundHound AI (NASDAQ: SOUN) started Thursday's trading with a modest gain and kept climbing nearly all day long. When the closing bell rang, the stock had jumped 22.1% higher. Meme stock frenzy The company had no news to report today. It's earnings season, but SoundHound AI will publish its third-quarter results next Tuesday. The company didn't file any documents with the Securities and Exchange Commission (SEC) today, nor did it send out any press releases.

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Elon Musk might be Wall Street’s great white whale

Financial Times M&A

The US election and elevation of the Tesla boss could lead to big deal fees.

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3 Semiconductor Stocks (and 1 ETF) That Could Make You a Millionaire

The Motley Fool

It's quite reasonable to be suddenly interested in semiconductor stocks if you've been following business news. After all, semiconductor darling Nvidia (NASDAQ: NVDA) was recently up 226% over the past year and has averaged gains of 75% annually over the past decade. Who wouldn't dream of enjoying such outsized returns? Well, you might still invest in Nvidia, and many see a great future for the company , but its shares have arguably gotten ahead of themselves to some degree and don't appear to b

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IonQ to Acquire Qubitekk

FinSMEs

IonQ (NYSE: IONQ), a College Park, MD-based quantum computing company, acquired Qubitekk, Inc., a Vista, CA-based quantum networking company. The amount of the deal was not disclosed. IonQ anticipates closing the acquisition within the next six months, subject to the satisfaction of certain closing conditions. The acquisition will contribute to near-term bookings and revenue opportunities, […] The post IonQ to Acquire Qubitekk appeared first on FinSMEs.

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What's the Best-Performing Vanguard ETF of 2024 So Far?

The Motley Fool

Vanguard is making many investors happy these days. Forty-two of the 86 exchange-traded funds (ETFs) managed by the company have delivered double-digit total year-to-date returns. Sixteen Vanguard ETFs claim total returns of at least 20%. What's the best-performing Vanguard ETF of 2024 so far? Top contenders You might be surprised by some of the top contenders in Vanguard's family of ETFs.

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Pelican Energy Partners picks up $450m for nuclear services fund, well above $300m target

AltAssets

Energy and manufacturing-focused Pelican Energy Partners has soared past its target for a new fund targeting nuclear services companies, reaching $450m at final close. The post Pelican Energy Partners picks up $450m for nuclear services fund, well above $300m target appeared first on AltAssets Private Equity News.

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Social Security Benefits Are Only Rising 2.5% in 2025, but Here's Why That May Not Hurt Retirees

The Motley Fool

Millions of seniors today rely on Social Security to make ends meet. For some people, those monthly benefits are their primary source of income. Others have only those benefits to turn to for money in retirement, so it stands to reason that Social Security's annual cost-of-living adjustments, or COLAs, are important to beneficiaries. The purpose of Social Security COLAs is to help ensure that beneficiaries don't lose buying power over time.

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