Wed.Oct 30, 2024

article thumbnail

2 Cryptocurrencies You Should Probably Avoid, According to Billionaire Mark Cuban

The Motley Fool

Meme coins are designed to skyrocket in price within a very short period. That is the key to their ongoing appeal: If you pick the right meme coin, you theoretically have a chance of adding a few zeros to your bankroll. Add in the fact that most meme coins are based on a funny internet meme, and you can understand why they are so popular with crypto investors.

Financing 246
article thumbnail

Tabs Raises $25M in Series A Funding

FinSMEs

Tabs, a NYC-based leader in revenue automation for B2B businesses, raised $25m in Series A funding. The round was led by General Catalyst, with participation from Primary Ventures and Lightspeed. The company intends to use the funds to accelerate product development, with a focus on deepening integrations, enhancing analytics, and expanding its go-to-market activities.

Funds 110
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

Activision Blizzard: What Microsoft Got for $69 Billion

The Motley Fool

Jason Schreier is the author of Play Nice: The Rise, Fall, and Future of Blizzard Entertainment and a reporter at Bloomberg. In this podcast, Schreier joined Motley Fool host Ricky Mulvey for a conversation about: The magic that made Blizzard Entertainment. The state of the video game industry. Why Grand Theft Auto VI is taking so long to develop. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.

Taxes 246
article thumbnail

Verdane secures €700m in landmark decarbonisation fund

AltAssets

Verdane, a European private equity firm, has raised €700m for its second fund dedicated to companies driving economic decarbonisation. As per Reuters, the fund, known as Verdane Idun II, more than doubled the hard cap of its predecessor, underlining the growing demand from a range of institutional investors from pension schemes to endowments and insurers, […] The post Verdane secures €700m in landmark decarbonisation fund appeared first on AltAssets Private Equity News.

article thumbnail

Billionaire Warren Buffett Sold 26% of Berkshire's Stake in Bank of America and Is Piling Into a Financial Juggernaut That's Soared 33,000% Since Its IPO

The Motley Fool

There's arguably not a money manager on Wall Street who commands the attention of investors quite like Berkshire Hathaway 's (NYSE: BRK.A) (NYSE: BRK.B) billionaire CEO, Warren Buffett. Although other billionaire money managers might outpace Buffett's annual return from time to time, the greater than 5,500,000% cumulative return the Oracle of Omaha has overseen in his company's Class A shares (BRK.A) since taking over as CEO in the mid-1960s speaks for itself.

article thumbnail

Regal Raises $40M in Funding

FinSMEs

Regal, a NYC-based customer-centric contact center software, closed a $40m funding round. Emergence Capital was the lead investor while Founder Collective and Homebrew both contributed. The company intends to use the funds to accelerate the rollout of its AI Phone Agents for contact centers tailored for healthcare, education, insurance, and local/home services – including specific […] The post Regal Raises $40M in Funding appeared first on FinSMEs.

Funds 104
article thumbnail

Why Chipotle Mexican Grill Stock Fell Today

The Motley Fool

Shares of popular restaurant chain Chipotle Mexican Grill (NYSE: CMG) fell on Wednesday after the company reported financial results for the third quarter of 2024. While financial results were strong, analysts seemed skeptical about the business looking forward. As of 11:30 a.m. ET, Chipotle stock was down almost 7%. A good quarter but investors are worried In Q3, Chipotle's business was booming.

Investors 246

More Trending

article thumbnail

3 Millionaire-Maker Technology Stocks

The Motley Fool

If you're looking to turn a $10,000 investment into $1 million during the next 10 years, your chances are quite low. In fact, only two U.S. stocks in the Russell 1000 would have helped you achieve that trick: chipmaker Nvidia and energy drink maker Celsius Holdings. That said, it doesn't hurt to try to find the next big winners. Let's look at three technology stocks that have the potential for huge returns over the next decade.

Financing 246
article thumbnail

Siemens to buy simulation software group Altair for $10.6bn

Financial Times M&A

Deal likely to mark a conclusion to the consolidation in engineering software industry

81
article thumbnail

Amid Super Micro Computer's Accounting Challenges, Investors Should Never Forget This Investing Lesson

The Motley Fool

The resignation of Ernst & Young (EY) as Super Micro Computer 's (NASDAQ: SMCI) accounting firm sent its stock reeling. Not only did its stock plunge but now investors must also contend with one of the more promising tech growth stories getting derailed by alleged accounting irregularities. Considering this challenge, Supermicro has instead become a painful investing lesson.

article thumbnail

Permira wraps up investment in outdoor clothing brand K-Way

Private Equity Wire

Permira Growth Opportunities II, a fund advised by global investment firm Permira, has agreed to acquire a significant minority stake in French premium outdoor clothing brand, K-Way, from the Boglione family-led BasicNet. Together, Permira and K-Way will focus on: reinforcing K-Way’s brand leadership in France and Italy; opening new stores; expanding its product range; and, international growth, with a particular emphasis on direct-to-consumer avenues.

Legal 77
article thumbnail

3 Signs You Should Not Set Foot in Your Local Walmart

The Motley Fool

Image source: Getty Images Some people love nothing more than roaming the aisles at Walmart. And it's easy to see why. Walmart is known for its ultra-low prices and wide selection, so shopping there might result in a huge amount of savings. And there's something about the convenience of being able to buy grapes, laundry detergent, toys, and underwear all under the same roof.

Debt 246
article thumbnail

FS Investments announces swathe of key hires to drive global growth

AltAssets

FS Investments, an $82bn alternative asset manager, has made three key hires to boost its institutional business development and drive global growth. The firm is making the move to capitalise on the growing institutional demand for private equity and private credit exposure by expanding its team to attract new institutional clients in the U.S. and […] The post FS Investments announces swathe of key hires to drive global growth appeared first on AltAssets Private Equity News.

article thumbnail

This Artificial Intelligence (AI) Player That Led Market Gains in the First Half Ran Into Trouble in Recent Weeks. But Wall Street Says to Buy the Stock and Expects It to Soar 60%.

The Motley Fool

Artificial intelligence (AI) just might be the biggest investing theme of the year. Technology companies operating in this area drove gains in the S&P 500 in the first half, and many of these players continue to advance. Why are investors so interested in AI? Because of the technology's potential to revolutionize everything from your daily routine to how a company operates.

Prospects 246
article thumbnail

CAIA launches new PE educational programme for wealth managers

Private Equity Wire

CAIA Association has launched the Private Equity Microcredential programme, designed to equip the private wealth management industry with the knowledge needed to understand the complexities of private equity. With collaboration from Cliffwater, FS Investments, and Meketa Capital, this programme introduces the entire spectrum of the private equity industry including venture capital, growth equity, and buyouts with an emphasis on portfolio implementation.

article thumbnail

Only 10 Companies Have Reached a Trillion-Dollar Market Cap -- This Is the 1 That's a Screaming Buy Right Now

The Motley Fool

Recently, the bull market celebrated its two-year anniversary. Since 2024 began, the ageless Dow Jones Industrial Average , broad-based S&P 500 , and growth-dependent Nasdaq Composite have reached multiple record-closing highs. While artificial intelligence (AI) and stock-split euphoria have played a role in sending the market to new highs, it's Wall Street's trillion-dollar companies that have been the foundation of this rally.

Companies 246
article thumbnail

Investec Fund Solutions partners with Ares Management to expand lending proposition

Private Equity Wire

Investec Bank’s (Investec) has teamed with Ares Management Alternative Credit funds (Ares) to provide its fund solutions team with additional capital to significantly expand its lending capacity across key markets, primarily in the UK, Continental Europe, and the US. The new funding structure is believed to be the first of its kind in the fund solutions market.

Funds 75
article thumbnail

Social Security 2025: Here's the Biggest Possible Benefit for Retirees at Ages 62, 66, and 70

The Motley Fool

In October, the Social Security Administration announced a 2.5% cost-of-living adjustment (COLA) for retired workers and other beneficiaries in 2025. That change, coupled with annual modifications to the primary insurance amount formula, mean the maximum Social Security benefit for retired workers will increase next year. However, a recent survey from Nationwide Retirement Institute suggests very few Americans know how to maximize Social Security.

article thumbnail

Quantum Capital rakes in $10bn capital commitments from a selection of funds

AltAssets

Quantum Capital has raised more than $10bn in capital commitments from a plethora of funds across private equity, private credit and structured capital platforms. All of the capital platforms are focused on the energy sector. Up to $5.25bn was raised in its private equity flagship Quantum Energy Partners VIII, $2.8bn was raised for its structured […] The post Quantum Capital rakes in $10bn capital commitments from a selection of funds appeared first on AltAssets Private Equity News.

Capital 78
article thumbnail

1 Top Cryptocurrency to Buy Before It Soars 1,400%, According to Tech Billionaire Jack Dorsey

The Motley Fool

For more than a decade, tech billionaire Jack Dorsey has been an enthusiastic supporter of Bitcoin (CRYPTO: BTC). In 2012, Dorsey famously endorsed Bitcoin as "amazing" when it was trading for just $11. That was long before Bitcoin ever made it onto the radar of top Wall Street investors. Since then, Bitcoin has skyrocketed in value and now trades for $70,000.

Banks 245
article thumbnail

At the Money: Shareholder Yield

The Big Picture

At the Money: Getting More Out of Dividends with Shareholder Yield. Meb Faber, Cambria Investments (October 30, 2024) Dividend investing has a long and storied history, but it turns out dividends are only part of the picture driving stock returns. One alternative is shareholder yield, which includes not only dividends, but also share buybacks and debt paydowns as indicators of future gains.

article thumbnail

A Once-in-a-Decade Investment Opportunity: 1 Pharmaceutical Stock to Buy Now Hand Over Fist and Hold for Years

The Motley Fool

For the past couple of years, two of the biggest themes fueling the stock market to new highs are breakthroughs in the weight loss market and euphoria around artificial intelligence (AI). What if I told you that there's a company that operates across both of these opportunities, and that despite a 61% gain in its share price during the past year, the stock is still a compelling buy?

Investing 245
article thumbnail

AIMCo and Ridgeback Acquire Mitre Yard to Expand UK BTR Portfolio

Pension Pulse

Amy Johnson of BTR News reports Mitre Yard BTR acquired by AIMCo and Ridgeback JV: Alberta Investment Management Corporation (AIMCo) and investor, developer and operator Ridgeback Group have acquired the Mitre Yard Build to Rent development in North Kensington from City & Docklands. The Northwest London development comprises 241 apartments alongside over 5,000 sq ft of commercial space and extensive resident amenity.

article thumbnail

1 Unstoppable Artificial Intelligence (AI) Stock to Buy Hand Over Fist in November

The Motley Fool

Cybersecurity giant CrowdStrike (NASDAQ: CRWD) is due to release the results for its fiscal 2025 third quarter (ending Oct. 31) in late November. The report will give investors a fresh look at how the company is navigating its disastrous July 19 outage, which knocked 8.5 million computers offline worldwide and cost some of its top clients a combined $5 billion.

Returns 245
article thumbnail

Boston Financial concludes $170m multi-investor fund ITC 60

AltAssets

Boston Financial, a syndicator of US low-income housing tax credits, has closed a multi-investor fund on $170m. Boston Financial – which has a portfolio of over $16bn in AUM – has closed its Institutional Tax Credits 60 Limited Partnership, which was able to secure commitments from six institutional investors, including a range of regional […] The post Boston Financial concludes $170m multi-investor fund ITC 60 appeared first on AltAssets Private Equity News.

article thumbnail

Does Bill Ackman Know Something Wall Street Doesn't? The Billionaire Sells 2.2 Million Shares of a Popular Artificial Intelligence (AI) Stock

The Motley Fool

Bill Ackman is the founder and CEO of Pershing Square Capital Management, a hedge fund that returned 22% annually over the last five years. By comparison, the S&P 500 (SNPINDEX: ^GSPC) returned 16% annually during the same period. That outperformance makes Ackman a good case study for aspiring investors. In the second quarter, Ackman sold 2.2 million shares of Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) , reducing his stake by 16%.

article thumbnail

Deal Roundup: BlackRock emerges as bidder to acquire HPS, KKR announces $50bn strategic deal

AltAssets

Asset management giant BlackRock has emerged as the sole bidder in talks to acquire private credit firm HPS Investment Partners, Bloomberg News reported on Tuesday, citing people with knowledge of the discussions, according to Reuters. BlackRock, which manages more than $10 trillion, is seeking to capitalize on a boom in investor demand for alternative assets, […] The post Deal Roundup: BlackRock emerges as bidder to acquire HPS, KKR announces $50bn strategic deal appeared first on AltAsse

article thumbnail

3 Dividend Growth Stocks to Buy and Never Sell

The Motley Fool

The power of dividend growth investing lies in one simple truth: Companies that consistently raise their dividends have historically outperformed the broader market since 1900. These elite businesses combine robust revenue growth, strong fundamentals, and shareholder-friendly management teams. The greatest dividend growth stories share common traits: durable competitive advantages, reasonable payout ratios, and proven records of execution.

article thumbnail

Greenridge officially closes oversubscribed Fund II on $255m

AltAssets

Greenridge Growth Partners has closed its second fund, Fund II, on a substantial oversubscribed level of $255m. The Fund was closed within one year of launch and received commitments from a wide investor base, including endowments, asset managers, family offices, foundations, founders, industry executives and fund-of-funds. Greenridge makes control investments in founder-owned B2B software businesses […] The post Greenridge officially closes oversubscribed Fund II on $255m appeared first o

Funds 85
article thumbnail

Where Will Palantir Stock Be in 5 Years?

The Motley Fool

Palantir Technologies (NYSE: PLTR) seems to be in the right place at the right time. Investor optimism about artificial intelligence (AI) is rising, while global tensions could boost demand for the company's military targeting and analytics software. But with Palantir's shares already up by 161% in 2024, how much longer can the bull run last? Let's dig deeper into what the next five years could have in store.

article thumbnail

Avina Raises $3.2M in Seed Funding

FinSMEs

Avina, a NYC-based proprietary AI companion that guides sellers from their first meeting to their last email, raised $3.2M in Seed funding. The round was led by nvp capital and RRE Ventures, with participation from Y Combinator. The company intends to use the funds to expand operations and its business reach. Led by CEO Ron […] The post Avina Raises $3.2M in Seed Funding appeared first on FinSMEs.

Funds 64
article thumbnail

3 Reasons Not to Buy Coca-Cola Stock Right Now

The Motley Fool

Coca-Cola (NYSE: KO) has served as a popular holding in investors' portfolios for over 100 years. The beverage company has achieved Dividend King status and remains a key holding in Warren Buffett's Berkshire Hathaway portfolio. Nonetheless, the current state of its business appears to have made stock price growth more difficult. So problematic are these challenges now that investors should not buy this stock for three critical reasons. 1.

article thumbnail

Leal Therapeutics Raises $45M Financing

FinSMEs

Leal Therapeutics, a Worcester, MA-based biotechnology company developing novel therapeutics for patients with disorders of the central nervous system (CNS), raised $45M in funding. The round was led by Newpath Partners, with additional new investors Chugai Venture Fund and Alexandria Venture Investments, in addition to existing investors OrbiMed, Euclidean Capital and PhiFund.

article thumbnail

Why Super Micro Computer Stock Is Crashing Today

The Motley Fool

Super Micro Computer (NASDAQ: SMCI) stock is getting crushed in Wednesday's trading following news that the company's auditing firm has resigned. The server specialist's share price was down 31.6% as of 12:30 p.m. ET. Supermicro published a regulatory filing with the Securities and Exchange Commission (SEC) today that revealed that Ernst & Young (EY) had resigned as its financial auditor.

article thumbnail

Stay Raises $3M in Seed Funding

FinSMEs

Stay, a São Paulo, Brazil-based corporate pension startup, raised $3M in seed funding. The round was led by Better Tomorrow Ventures and MAYA Capital with participaiton from 17Sigma, Grão, and Ralicap, alongside angel investors Aaron Schumm, founder of Vestwell, and Roger Lee, founder of Human Interest. The company intends to use the funds to expand […] The post Stay Raises $3M in Seed Funding appeared first on FinSMEs.

article thumbnail

Is QuantumScape a Millionaire Maker?

The Motley Fool

The most reliable way to build wealth in the stock market is to buy and hold great stocks that slowly compound over many years. And occasionally, an innovative company can hit it big, rewarding bold investors who took a chance when the odds were against them. Today, investors hope to find themselves in that situation with QuantumScape (NYSE: QS) , a business with no earnings or sales but a whopper of a story that promises tremendous investment returns -- if things go as hoped.

Capital 189
article thumbnail

ECI Partners invests in Independent Governance Group

Private Equity Wire

ECI Partners, a growth-focused mid-market private equity firm, has made an investment in Independent Governance Group (IGG), a UK provider of professional pensions trusteeship and governance services, with existing investor LDC re-investing alongside ECI. IGG was founded in February 2023 following the merger of two long-established firms, Ross Trustees and Independent Trustee Services (ITS), creating a singular destination for best-in-class professional pensions trusteeship, scheme secretarial,