Thu.Oct 31, 2024

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Billionaire Philippe Laffont of Coatue Is Dumping Shares of Nvidia and Palantir and Piling Into This Artificial Intelligence (AI) Infrastructure Juggernaut

The Motley Fool

Thanks to the advent of the internet, information is no longer at a premium for everyday investors. Between earnings season -- the six weeks every quarter where a majority of S&P 500 companies report their operating results -- and weekly economic reports, investors can become overwhelmed and allow important data to slip through the cracks. You might not realize it, but what can easily be described as the most important data dump of the third quarter occurred in mid-August.

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MealMe Raises $8M in Series A Funding

FinSMEs

MealMe, a San Francisco, CA-based provider of an API for food ordering, raised $8M in Series A funding. The round was led by Mercury Fund with participation from existing investors Palm Drive Capital and Gaingels. The company intends to use the funds to increase store selection while providing developer support and uptime to customers. Founded […] The post MealMe Raises $8M in Series A Funding appeared first on FinSMEs.

Funds 110
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Why Twilio Stock Jumped 18% Today

The Motley Fool

Shares of Twilio (NYSE: TWLO) rocketed as much as 18% higher on Thursday, powered by an impressive earnings report. The stock cooled down to a still-impressive 16% gain by 3 p.m. ET. Twilio is leaving analyst targets in the dust The Street consensus had called for third-quarter earnings of roughly $0.86 per share on sales near $1.09 billion. Instead, Twilio's revenues rose 10% year over year to $1.13 billion.

Returns 246
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Stax strengthens its London team with Sagar Bansal appointment

AltAssets

Stax LLC has appointed Sagar Bansal as a Director in its London office, enhancing its consulting expertise in private equity. With over ten years in strategy consulting, Bansal has advised on more than 100 deals, focusing on sectors like FinTech and RegTech. His experience spans significant engagements with large and mid-cap private equity and corporate […] The post Stax strengthens its London team with Sagar Bansal appointment appeared first on AltAssets Private Equity News.

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This Vanguard Index Fund Is a Once-in-a-Decade Buying Opportunity for the Artificial Intelligence (AI) Boom

The Motley Fool

The Vanguard Utilities ETF (NYSEMKT: VPU) has returned 30% year to date, outstripping the 23% return in the S&P 500 (SNPINDEX: ^GSPC). The utilities sector rarely outperforms the broader market, but this year has been an exception. Investors have piled into utility stocks on the premise that artificial intelligence will boost energy consumption.

Funds 246
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Berkshire Partners closes Fund XI with $7.8bn in capital commitments

AltAssets

Berkshire Partners, a private equity firm that prioritises the middle market, has officially closed its Berkshire Fund XI with around $7.8bn in total commitments. Berkshire claims this makes the Fund its largest since its formation in 1986. Fund XI was oversubscribed, something the firm claims underscores the investors’ support for its multi-sector middle market investment […] The post Berkshire Partners closes Fund XI with $7.8bn in capital commitments appeared first on AltAssets Private

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Up 193%, Is Nvidia Stock Still a Buy?

The Motley Fool

For decades, big tech has been hunting for the next game-changing technology that could transform people's lives and add trillions to the global economy. Many think generative artificial intelligence (AI) could be the one. And Nvidia (NASDAQ: NVDA) has benefited from a surge in demand for its AI-capable chips to power the new industry. But with its shares up 193% so far in 2024, is it too late for new investors to bet on the company?

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1 Electric Vehicle ETF to Buy With 2025 Around the Corner

The Motley Fool

Electric vehicle (EV) companies like Tesla (NASDAQ: TSLA) have experienced incredible growth over the past decade, but they have suffered from softening demand in major markets like the U.S. and Europe in 2024. Tough economic conditions headlined by high interest rates have pushed consumers to buy cheaper gas-powered cars. Plus, a recent study by Goldman Sachs suggests a lack of rapid charging infrastructure, and falling prices in the used market are becoming a concern as more EVs hit the road.

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TPG close to raising $5bn for its Climate Fund II

AltAssets

Private equity behemoth TPG has raised almost $5bn for its second climate-focused fund, with commitments currently reaching $4.4bn. According to Axios, a SEC filing has detailed that whilst it has raised $4.4bn from its Rise Climate II Fund, it expects commitments to reach $4.96bn. The Fund secured commitments from Saudi and UAE-located funds, bringing in […] The post TPG close to raising $5bn for its Climate Fund II appeared first on AltAssets Private Equity News.

Funds 81
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Is an LLC Worth It for Sole Proprietors?

The Motley Fool

Image source: Getty Images If you're starting a small business, generally the first step is setting up the legal structure of your business. There are several options, even if you're running a solo operation, which can get confusing. Generally, a sole proprietorship (meaning a company owned by just one person who does all or most of the work on the business) will choose between remaining a sole proprietorship, which requires no paperwork at all, and an LLC.

Legal 246
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UK ups tax on PE ‘carried interest’ to 32%

Private Equity Wire

The UK is to raise taxes on performance fees, or “carried interest,” for private equity fund managers from 28% to 32%, effective April 2025 — a smaller increase than many in the industry had anticipated, according to a report by Reuters. In her budget announcement, UK finance minister Rachel Reeves outlined the tax hike as part of broader capital gains tax increases affecting most asset classes.

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Should You Forget Nvidia and Buy These 2 Artificial Intelligence (AI) Stocks Instead?

The Motley Fool

With shares up 2,620% in the past five years and 184% just in 2024 (as of Oct. 25), Nvidia continues to be the talk of the town. The artificial intelligence (AI) hardware maker is benefiting from strong demand for its products and services, driving rapid growth. Nvidia deserves credit for how it dominates the market for AI infrastructure. It's also very hard to overstate just how unbelievable the share price performance has been.

Investors 246
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415 Capital Management unveils second fund with €150m goals

AltAssets

415 Capital Management GmbH has launched its second fund, 415 Capital Fund II, aiming to raise €150m ($165 million) for medical technology investments. The fund aims to support innovative medical technologies targeting cardiovascular and neurovascular diseases, the leading causes of death, disability, and healthcare costs globally. A significant portion of the fund’s commitments has been […] The post 415 Capital Management unveils second fund with €150m goals appeared first on AltAss

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Is Your Retirement Savings Below Average for Your Age? Here's the Latest Data

The Motley Fool

It's tough to know if you're really on track with your retirement savings until you crunch the numbers. You'll need to factor in things like retirement expenses and any income sources you'll have lined up. Of course, sitting down to think about all these things isn't always easy -- especially when you're juggling other financial priorities. But seeing how your retirement savings compare to others might give you the push you need.

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Mutares completes sixth exit of 2024 with Steyr Motors IPO

Private Equity Wire

German private equity firm has completed its sixth exit of the year with the successful stock market debut of portfolio company, Steyr Motors, in the Scale segment of the Frankfurt Stock Exchange under the ticker symbol 4X0. The first quotation was €15.90 per share, giving the business a market capitalisation of €82.7m at the start of trading, after 1,110,000 new and existing Steyr Motors shares were placed with institutional investors in a private placement at a price of €14.00 per share.

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A Little Good News for QuantumScape Investors

The Motley Fool

We throw the word "game-changing" out a little too often, but QuantumScape 's (NYSE: QS) next-generation solid-state battery technology could be just that. Imagine a battery for electric vehicles (EVs) that delivers better performance and range, discharge power, charging speed, and safety. That's what QuantumScape hopes to deliver to automakers, but there's one problem: Nobody has ever done it.

Investors 246
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Former Goldman partners raise $1.6bn for new private credit firm

Private Equity Wire

Private-credit firm 5C Investment Partners, founded by former Goldman Sachs partners, has secured $1.6bn to launch its direct-lending initiative, targeting senior direct-lending deals, according to a report by Bloomberg. The report cites the company’s founders and Co-Managing Partners, Tom Connolly and Michael Koester, as confirming that the funding includes leverage and a co-investment programme, with Liberty Mutual Investments and Michael Dell’s family office, DFO Management, as anchor p

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15 Words From Starbucks CFO That Could Raise Red Flags for Investors

The Motley Fool

Starbucks (NASDAQ: SBUX) is in the middle of a significant turnaround effort. The business has been struggling to grow its sales in recent quarters, and that has created worry among investors. The situation has been concerning enough that the company has brought on a new CEO, Brian Niccol, who is looking to get Starbucks back on the right path. While the stock surged earlier this year on news that Niccol was joining the company and leaving Chipotle Mexican Grill to do so, a change in leadership

Investors 246
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Majority of LPs want greater transparency and customisation in waterfall distributions

Private Equity Wire

An overwhelming majority of limited partners (LPs) are calling for greater transparency in waterfall distributions – the order in which investment returns are allocated – according to a new report by fund admin services provider CSC. CSC published the report – Distribution Waterfalls 2024: Transparency, Technology, Trust – after surveying 200 GPs and 200 LPs across North America, Europe, and Asia Pacific, to understand their views on transparency and customisation in waterfall calculations

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5 Dividend Stocks to Double Up on Right Now -- Plus Some Dividend ETFs

The Motley Fool

If you don't have many dividend-paying stocks in your portfolio, you might want to rethink your asset allocation because dividend payers can be surprisingly powerful long-term performers. For starters, a company generally needs to grow enough to have relatively reliable income, giving management the confidence with which to initiate -- and then maintain -- a dividend payment to shareholders.

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Verdane closes second decarbonisation fund Idun II at €700m hard cap

Private Equity Wire

European growth investment firm Verdane has held the final close of Verdane Idun II, an Article 9 fund under the EU’s Sustainable Finance Directive, which will invest in businesses within the structural growth trend of decarbonisation, at its hard cap of €700m. The new fund will focus specifically on areas of energy transition and resource efficiency, and invest between €20m and €100m in sustainable businesses.

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Social Security: Here's What Happens to Your Benefit if Your Spouse Passes Away

The Motley Fool

Millions of older adults lean on Social Security heavily in retirement, and if you're married, that could provide an extra boost in the form of spousal benefits. You can collect up to 50% of your partner's full benefit amount in spousal benefits, and the average spouse of a retired worker collects just over $900 per month, according to 2024 data from the Social Security Administration.

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Decart Raises $21M in Funding

FinSMEs

Decart, a San Francisco, CA-based AI research lab, raised $21M in funding. The round was led by Sequoia Capital, with participation from Zeev Ventures. The company intends to use the funds to expand operations and its development efforts. Founded by Dean Leitersdorf (CEO) and Moshe Shalev (CPO), Decart provides a platform that enables organizations to […] The post Decart Raises $21M in Funding appeared first on FinSMEs.

Funds 64
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2 Top Stocks That Can Supercharge Your Portfolio in 2025 and Beyond

The Motley Fool

Investing in growing companies with near-term catalysts for growth can put you on track to earn excellent returns. If you have some extra cash after paying off expenses or debt, here are two exciting stocks you can buy today that could soar in 2025 and beyond. 1. Tesla Tesla (NASDAQ: TSLA) overcame the odds to take on the leading car manufacturers over the last decade.

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Why simulation software is such hot property for Siemens

Financial Times M&A

But whichever way you cut it, Altair is an expensive purchase

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3 Stocks That Have Generated 1,000% Returns in Just 2 Years

The Motley Fool

In just the past two years, the S&P 500 has amassed some incredible gains, rising by around 60% during that stretch. It's an incredible performance when you consider its long-run average is a return of approximately 10% per year. During this period, quite a few stocks have generated supersized returns, thanks to solid underlying businesses that created, or intend to create, immense value in the products and services they offer.

Returns 246
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Hassana confirms $500m anchor investment in Brookfield’s Middle East PE fund

Private Equity Wire

Hassana Investment Company, the investment manager of Saudi Arabia’s $320bn General Organization for Social Insurance (GOSI) pension fund, is to allocate up to $500m in Brookfield Asset Management’s new Middle East-focused private equity fund. The companies have signed a memorandum of understanding (MoU) concerning Hassana’s anchor investment in Brookfield Middle East Partners (BMEP), which will look to raise at least $2bn including a $500m commitment from the private equity fi

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Where Will Joby Aviation Stock Be in 3 Years?

The Motley Fool

Joby Aviation (NYSE: JOBY) , a developer of electric vertical take off and landing (eVTOL) aircraft, went public by merging with a special purpose acquisition company (SPAC) on Aug. 10, 2021. The combined company's stock started trading at $10.62, ended its first day at $13.40, but now trades at about $5. Like many other SPAC-backed start-ups, Joby disappointed its early investors by missing its own pre-merger estimates by a mile.

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ContraForce Raises $3.25M in Seed Funding

FinSMEs

ContraForce, a Mckinney, TX-based security service delivery platform company, raised $3.25M in Seed funding. The round was led by Gallos Ventures and DataTribe. As part of the investment round, William Kilmer, Gallos General Partner, has joined ContraForce’s board of directors. The company intends to use the funds to accelerate the release of new product features and […] The post ContraForce Raises $3.25M in Seed Funding appeared first on FinSMEs.

Funds 59
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Meta and Microsoft Earnings: What Just Happened?

The Motley Fool

In this video, I will talk about the two tech giants Meta Platforms (NASDAQ: META) and Microsoft (NASDAQ: MSFT) , their recent earnings reports, and why both stocks are dropping. Watch the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were from the trading day of Oct. 30, 2024. The video was published on Oct. 30, 2024.

Returns 245
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Motormia Raises $8M in Funding

FinSMEs

Motormia, a Scottsdale, AZ-based provider of an automotive enthusiast platform, raised $8M in funding. Backers were Lerer Hippeau, Seedcamp, QP Ventures, Verissimo Ventures, State of Mind Ventures, Deftly.vc and Alumni Ventures. The company intends to use the funds to expand operations and its development efforts. Founded by Isaac Bunick in January 2023, Motormia offers Mia, a consumer AI […] The post Motormia Raises $8M in Funding appeared first on FinSMEs.

Funds 59
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Looking to Beat the S&P 500? This Vanguard ETF Could Do the Trick

The Motley Fool

The U.S. stock market has a handful of key benchmarks, but none are as followed or important as the S&P 500. Tracking the largest 500 American companies on the U.S. stock exchanges, it's essentially the benchmark of the stock market by most accounts. When stocks or exchange-traded funds (ETFs) track their performance and judge their returns, they typically measure it against the S&P 500.

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OpenOrigins Raises $4.5M in Funding

FinSMEs

OpenOrogins, a London, UK-based company founded to protect content authenticity through its provenance focused blockchain, raised $4.5M in funding. The round was led by Galaxy Interactive with participation from Galaxy Ventures and existing investor Unbound. The company intends to use the funds to expand operations and its development efforts. Led by Dr.

Funds 59
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Will Lucid Be Worth More Than Tesla by 2040?

The Motley Fool

When Lucid (NASDAQ: LCID) went public by merging with a special purpose acquisition company (SPAC) three years ago, some bullish investors believed the luxury electric vehicle maker could become the next Tesla (NASDAQ: TSLA). Lucid was led by Tesla's former chief vehicle engineer Peter Rawlinson, and its Air sedans had a longer range than Tesla's Model S.

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Bright Uro Raises $32M in Series A Funding

FinSMEs

Bright Uro, an Irvine, CA-based medical device company empowering care for lower urinary tract symptoms (LUTS) through innovations in urodynamics, raised $32M in Series A funding. The round was led by Laborie Medical Technologies, with participation from University of California (UC Investments), Freepoint Capital Group and Laurelin Investors. The additional funding will be used to support […] The post Bright Uro Raises $32M in Series A Funding appeared first on FinSMEs.

Funds 59
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This Magnificent High-Yield Dividend Stock Continues to Supercharge Its Growth Engine

The Motley Fool

Brookfield Renewable (NYSE: BEP) (NYSE: BEPC) is an exceptional dividend stock. The renewable power company has grown its payout at a 6% compound annual rate for the last 20 years. It currently offers a high-yielding payout (more than 4.5% dividend yield) that should continue rising at a healthy rate in the future. Driving that view is the renewable energy company's robust growth outlook.

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Citrea Raises $14M in Series A Funding

FinSMEs

Citrea, a George Town, Cayman Islands-based company providing a solution to build on Bitcoin, raised $14M in Series A funding. The round was led by Peter Thiel’s Founders Fund, with participation from Erik Voorhees, Balaji Srinivasan, Jameson Lopp, Maven11, and other angel and venture investors. The company intends to use the funds to expand operations and its development efforts. […] The post Citrea Raises $14M in Series A Funding appeared first on FinSMEs.

Funds 59