Fri.Jun 28, 2024

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Here's Why Shares in Whirlpool Zoomed Higher This Week

The Motley Fool

There's no secret to it. The market was awash with speculation over a potential takeover bid from German industrial giant Bosch following a Reuters article on the matter. The German company is reportedly looking at bidding for Whirlpool (NYSE: WHR). The speculation highlights the value case for the stock Investors and industry management can look at companies differently.

Bidding 189
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EvolutionaryScale Raises $142M in Seed Funding

FinSMEs

EvolutionaryScale, a NYC-based artificial intelligence powered biology startup, raised $142m in seed funding. The round was led by Nat Friedman, Daniel Gross and Lux Capital, with participation from Amazon Web Services (AWS) and NVentures, the venture capital arm of NVIDIA, as well as angel investors. The company intends to use the funds to expand operations and […] The post EvolutionaryScale Raises $142M in Seed Funding appeared first on FinSMEs.

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You Can Retire on $41.67 a Month -- if You Do These 2 Things

The Motley Fool

Image source: Getty Images There are different guidelines out there when saving for retirement. But generally speaking, experts say you should aim to save 15% or more of your income annually for your senior years. Social Security will only replace about 40% of a typical wage in retirement, and that's without benefit cuts, which might happen if lawmakers can't fix the program's financial problems.

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Is Europe a Buy Here?

A Wealth of Common Sense

I came across a bunch of charts in the past few weeks about Europe’s economic and market struggles. Let’s take a look. These charts that show how the biggest companies in the U.S. stock market are as big or bigger than some of the biggest economic powers in Europe always get me: The UK has something like 1,900 stocks on the London exchange.

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Prediction: These Could Be the Best-Performing Healthcare Stocks Through 2030

The Motley Fool

Believe it or not, we're nearly halfway through this decade. The healthcare sector could be in store for monumental changes over the next few years. These changes should present great opportunities for investors to make money. But where should they put their money? I predict these could be the best-performing healthcare stocks through 2030 (listed by descending market cap). 1.

Prospects 246
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Synthpop Raises $5.6M in Seed Funding

FinSMEs

Synthpop, a NYC-based provider of an AI-driven platform for healthcare workflows, raised $5.6M in Seed funding. The round was led by Peterson Ventures, with participation from defy.vc, Zelda Ventures, Think+ Ventures, and OVO Fund. The company intends to use the funds to hire additional engineering team members, enhancing their ability to provide agile software development […] The post Synthpop Raises $5.6M in Seed Funding appeared first on FinSMEs.

Funds 108

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Feon Energy Raises $6.1M in Seed Funding

FinSMEs

Feon Energy, a Woburn, MA-based battery electrolyte startup spun out of Stanford University, raised $6.1M in Seed funding. The round was led by Fine Structure Ventures, with participation from Eight Roads, Foothill Ventures, MassVentures, EPS Ventures, and Valkyrie Fund. The company intends to use the funds to expand its R&D team, scale up its high-throughput molecular […] The post Feon Energy Raises $6.1M in Seed Funding appeared first on FinSMEs.

Funds 108
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Elon Musk Just Gave Super Micro Computer and Dell Investors a Reason to Cheer

The Motley Fool

One of the biggest themes in the markets for the last two years has been artificial intelligence (AI). Naturally, famed entrepreneur Elon Musk has found himself at the center of the AI revolution -- and he just gave investors a big reason to seriously consider both Dell Technologies (NYSE: DELL) and Super Micro Computer (NASDAQ: SMCI). Let's explore how Musk is working with these AI leaders, and assess if these stocks are good buys right now.

Investors 246
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MagicSchool AI Raises $15M in Series A Funding

FinSMEs

MagicSchool AI, a Denver, CO-based technology platform for K-12 educators and students, raised $15M in Series A funding. The round was led by Bain Capital Ventures. Additional investors included Adobe Ventures and Common Sense Media, as well as angel investors like Replit founder Amjad Masad, Clever co-founders Tyler Bosmeny and Rafael Garcia, and OutSchool co-founder […] The post MagicSchool AI Raises $15M in Series A Funding appeared first on FinSMEs.

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Everything You Need to Know About an SBA Loan

The Motley Fool

Image source: Getty Images When it comes to small business financing, SBA loans are like the Swiss Army knife in your entrepreneurial toolkit. Flexible, supportive, and designed with small business owners in mind, these loans can be a game-changer for your company's growth. But navigating the world of SBA loans can feel like trying to solve a Rubik's Cube -- confusing at first but incredibly satisfying once you get the hang of it.

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European VC fundraising remains subdued, but should stabilise around 2023 total: PitchBook

AltAssets

European venture capital fundraising is fighting hard to match last year's already subdued numbers, to avoid becoming the worst year for VC capital raising in the region since 2018. The post European VC fundraising remains subdued, but should stabilise around 2023 total: PitchBook first appeared on AltAssets Private Equity News.

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Here's Why You May Never Want to Set Foot in Target Again

The Motley Fool

Image source: Upsplash/The Motley Fool There's an old joke that it's impossible to get through a Target run without spending at least $100. I've certainly managed to spend less. But to be fair, the last time I went, my bill came to just over $100 courtesy of my kids being with me and wanting extra things on top of what my shopping list contained. As a general rule, I don't tend to do a lot of shopping at Target.

Debt 246
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5 Reasons Why Car Rental Is A Good Business Idea

FinSMEs

After 2020, when the coronavirus limited the space of almost every one of us to the limits of our apartment, tourism became especially popular. The queue has grown in front of the Gioconda at the Louvre, and a ticket for a vacation to Dubai in the summer should have been booked on Christmas Eve. More […] The post 5 Reasons Why Car Rental Is A Good Business Idea appeared first on FinSMEs.

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If You'd Invested $1,000 in Apple Stock 27 Years Ago, Here's How Much You'd Have Today

The Motley Fool

Apple (NASDAQ: AAPL) stock has experienced many struggles since its 1980 IPO. After its board fired Steve Jobs in 1985, the company spent years in the wilderness. It suspended its dividend payout in 1996, and was close to bankruptcy when it brought Jobs back in 1997. Shortly after that, Apple stock began a run that made it one of the most successful stocks in history, illustrating how innovation can dramatically improve a company's fortunes.

Investing 246
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Warwick Capital Partners acquires majority stake in UK care home company Danforth

Private Equity Wire

Global private equity and credit firm Warwick Capital Partners has acquired a majority stake in Danforth Care Homes from UK care home developer LNT Care Developments. The deal marks Warwick’s second investment in the UK care sector, the first being Ideal Carehomes in 2019. Danforth operates 18 care homes across the UK and expects to open seven further homes in the coming months.

Stakes 92
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2 Unstoppable Growth Stocks That Are Screaming Buys in June

The Motley Fool

Growth stocks haven't received the same love from investors recently that they did during the early days of the pandemic. As the bull market has roared to life, some stocks have responded in a similar fashion while others are still trailing the market. Ultimately, stock price is not the main factor that should determine whether or not you decide to invest in a business.

Legal 244
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Nautic Partners gets Texas pension backing for $4bn-targeting Fund XI raise

AltAssets

The $45.6bn-managing Texas County and District Retirement System has agreed to back the latest flagship fundraise from Nautic Partners. The post Nautic Partners gets Texas pension backing for $4bn-targeting Fund XI raise first appeared on AltAssets Private Equity News.

Funds 89
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Warren Buffett Added $58 Billion to This Ultrasafe Investment Over the Past Year, and He Expects to Add Tens of Billions More by the End of 2024

The Motley Fool

Warren Buffett is considered one of the greatest investors of all time, and his track record supports that. Since taking control of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) in 1965, he's managed to increase the value of the business by 4,974,948%. That's a practically incomprehensible number, so I'll put it a different way: If you invested in Berkshire Hathaway when Buffett took over, you'd have more than 138 times the wealth you'd have if you'd just bought and held the S&P 500.

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Latour Capital cements status at French PE major with $1.6bn of new capital

AltAssets

French private equity investor Latour Capital has upped the stakes again with its fourth flagship fundraise, bringing in $1.6bn across the main vehicle and co-investment capital. The post Latour Capital cements status at French PE major with $1.6bn of new capital first appeared on AltAssets Private Equity News.

Capital 89
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Palantir's Untapped Potential: Decoding the Artificial Intelligence (AI) Stock's Long-Term Value for Strategic Investors

The Motley Fool

Companies today generate mountains of data. That data can be of great value -- but only if it's correctly harnessed, visualized, and used to improve decision-making. Often, though, that data lives in a variety of different software systems, with various chunks siloed away in platforms that can't communicate with each other, complicating any effort to see the full picture.

Investors 243
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Chicago public school teachers’ pension fund allocates $30m to PE funds

Private Equity Wire

Chicago Public School Teachers’ Pension & Retirement Fund has allocated $30m to private equity funds following its 20 June board meeting, according to a report by Pensions & Investments. The $12.5bn pension fund has allocated $20m to the Mesirow Private Equity Co-Investment Fund IX managed by Mesirow Financial, having previously committed $20m to Mesirow Private Equity Fund VIII-B in 2021.

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1 Cathie Wood and Warren Buffett Artificial Intelligence (AI) Stock to Buy Before It Surges 28%, According to 1 Wall Street Analyst

The Motley Fool

Artificial intelligence (AI) is dominating the technology sector right now, and one company that stands to benefit greatly is e-commerce and cloud computing leader Amazon (NASDAQ: AMZN). Roughly halfway into 2024, shares of Amazon have soared by 23% -- handily topping the 15% year-to-date gain of the S&P 500 and the 19% rise of the Nasdaq Composite.

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KKR eyes $20bn for North American PE fund

Private Equity Wire

Private investment major KKR & Co is gearing up to secure approximately $20bn from investors for its latest flagship North America private equity fund, North America Fund XIV, according to a report by Reuters. According to Reuters’s sources, KKR commenced its investor outreach earlier this month. The firm aims to achieve a net internal rate of return in the high-teens percentage range and plans to deploy capital steadily at a rate of 20% to 25% annually.

Funds 79
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Is Now a Good Time to Buy C3.AI Stock?

The Motley Fool

When it comes to artificial intelligence (AI), smart investors know that there are many lucrative opportunities outside of big tech. One company emerging as a highly coveted name in the AI realm is C3.ai (NYSE: AI). Yet despite the company's progress, its shares are basically flat through the first half of 2024. Could now be a good time to pounce on an underappreciated AI opportunity?

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Therapeutics-focused VC Curie.Bio brings total funds raised to almost $1bn with final close of new vehicle

AltAssets

Biotech investor Curie.Bio has brought its total funds raised to almost $1bn thanks to a $380m final close of its latest Series A-focused investment vehicle. The post Therapeutics-focused VC Curie.Bio brings total funds raised to almost $1bn with final close of new vehicle first appeared on AltAssets Private Equity News.

Funds 78
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2 Superior Growth Stocks to Buy if You Have $1,000 Right Now

The Motley Fool

The stock market has its ups and downs -- and if you stay invested for decades, you will likely experience your fair share of both bull and bear markets. At the same time, by investing in a diverse assortment of stocks across various industries, risk profiles, and business structures, you can watch your portfolio compound its growth through the years.

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Permira adds energy co CEO as senior adviser for climate investments

Private Equity Wire

British private equity firm Permira has added Paddy Padmanathan as a senior adviser to its global climate investing team. In his new role, Padmanathan will help source new investment opportunities, conduct due diligence and support management teams, according to a statement. Permira’s global climate investing team was formed in March and comprises eight investment professionals, co-led by Kush Patel and another partner who will join later this year.

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Is Pfizer Stock a Buy?

The Motley Fool

Shares of pharmaceutical giant Pfizer (NYSE: PFE) have been steadily sliding lower over the past year as revenue and profits from the pandemic's vaccine boom dry up. Today, the stock has seemingly settled in the high $20s, near the lows of the past decade. It's time to get the word out: The pessimism on Pfizer stock has gone too far. At first glance, Pfizer looks like a money pit, but the stock is more of a table-pounding bargain.

Prospects 237
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MiB: Eva Shang, CEO, Legalist

The Big Picture

This week, we speak with Eva Shang , co-founder, general partner, and chief executive officer of Legalist , an institutional alternative asset management firm. She leads the company’s 35-person team of engineers, attorneys, and analysts, and is a member of the firm’s valuation and investment committees. Before co-founding Legalist at 20, Eva studied economics at Harvard College.

Legal 70
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Wishing You'd Bought Nvidia? Surprise! You May Already Own It!

The Motley Fool

If you've been hearing a lot about semiconductor company Nvidia (NASDAQ: NVDA) in recent months and you're not sure why, check out its returns in recent years: Year Return 2023 239% 2022 (50%) 2021 125% 2020 122% 2019 76% 2018 (31%) 2017 81% 2016 224% Source: 1stock1.com. Here's another table showing why tongues are wagging: Period Average annual return Last 3 years 90% Last 5 years 102% Last 10 years 75% Source: Morningstar.com.

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Global Private Capital Association adds five board members from Cambridge Associates, KKR, Advent

Private Equity Wire

The Global Private Capital Association has added five new board directors from Cambridge Associates, KKR & Co, Patria Investments, Helios Investment Partners and Advent International, as well as Runa Alam, CEO and Partner at Development Partners International as board member emeritus. The new board members are: Andrea Auerbach, Head of Global Private Investments and Partner at Cambridge Associates; Gaurav Trehan, Partner, Co-Head of KKR Asia Pacific, Head of Asia Pacific Private Equity, and

Capital 66
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1 Top Artificial Intelligence (AI) Stock to Buy Hand Over Fist Right Now

The Motley Fool

The artificial intelligence (AI) race is in high gear. Much of the attention is focused on the investing-world darling Nvidia , and for good reason: The chipmaker is growing at lightning speed and reporting massive earnings. Palantir Technologies (NYSE: PLTR) was representing AI well before it became more or less compulsory for every company in tech.

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How To Get the Most Out of Your Cash Account

Wealthfront

We built the Wealthfront Cash Account to be the ideal home for your short-term cash. That’s why the Cash Account comes with a high APY and up to of FDIC insurance through our partner banks, with absolutely no account fees. It’s no secret that earning a high APY on your cash is incredibly powerful. But […] The post How To Get the Most Out of Your Cash Account appeared first on Wealthfront Blog.

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Are Uber and Lyft Still Top Stocks to Buy in 2024 Following the Minnesota Wage Issue?

The Motley Fool

Legislative challenges in Minnesota have highlighted the ongoing struggles of ride-hailing leaders Uber Technologies (NYSE: UBER) and Lyft (NASDAQ: LYFT) , prompting investors to question the companies' viability as top stock picks in the near term. As Uber and Lyft navigate new regulations, their current strategies and financial performance give some insight into the potential for long-term growth.