Mon.Mar 25, 2024

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Ranked: The 10 Worst States to Play the Lottery

The Motley Fool

Image source: The Motley Fool/Upsplash The odds of winning the lottery are slim no matter where you play. But the odds are better in some states than in others. Nationwide, the lottery pays out $0.67 in prizes per $1 spent, according to lottery statistics gathered by The Motley Fool Ascent. The best state to play is Ohio, where that goes up to $0.76 in prizes per $1 of lottery spending.

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Foundational Raises $8M in Seed Funding

FinSMEs

Foundational, a San Francisco, CA- and Tel Aviv, Israel-based provider of a solution using advanced analysis to identify and prevent data issues in data platforms, raised $8M in Seed funding. The round was led by Viola Ventures and Gradient, with participation from Asymmetric Venture Partners and executives from Datadog, Intuit, Meta, Wiz, and others.

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Is Micron Technology the Next Nvidia Stock?

The Motley Fool

In this video, I will talk about Micron Technology 's (NASDAQ: MU) latest earnings report and explain why this could be the next Nvidia. *Stock prices used were from the trading day of March 22, 2024. The video was published on March 24, 2024. Should you invest $1,000 in Micron Technology right now? Before you buy stock in Micron Technology, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Micron Tech

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The Role of IoT in Disaster Management and Emergency Response

FinSMEs

In the last few years, there has been a rise in natural calamities like hurricanes, floods, fires, and earthquakes resulting in major devastation to life and property. Such disasters need to be well managed and coordinated to avoid their repercussion and save lives. In such circumstances, technology is needed and the Internet of Things (IoT) […] The post The Role of IoT in Disaster Management and Emergency Response appeared first on FinSMEs.

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How Long Can Virgin Galactic Survive Without Revenue?

The Motley Fool

2023 was a milestone year for Virgin Galactic (NYSE: SPCE). Beginning with its first commercial, revenue-generating spaceflight in June , Virgin went on to fly a total of five "Galactic" missions to the edge of space and back, and generated about $6.8 million in total revenue. Granted, this wasn't quite enough to cover the company's $527.1 million in operating costs last year.

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Talk Your Book: Finding a Bottom in China

A Wealth of Common Sense

Today’s Talk Your Book is brought to you by KraneShares: Today we are joined by Jonathan Shelon, Chief Operating Officer of KraneShares to discuss investing strategies surrounding China. On today’s show, we discuss: Clients most popular question about investing in China An economic update in China The buyer of last resort in China KraneShares buffered ETFs on Chinese internet Understanding the intervals of C.

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nsave Raises $4M in Seed Funding

FinSMEs

nsave, a Geneva, Switzerland-based fintech company, raised $4m in seed funding. The round was led by Sequoia Capital and TQ Ventures with participation from Y Combinator, SV Angel, ACE Ventures, and FONGIT. The company intends to use the funds to expand operations and further develop its infrastructure. Led by Abdallah AbuHashem and Amer Baroudi, nsave […] The post nsave Raises $4M in Seed Funding appeared first on FinSMEs.

Funds 111
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This Sneaky Credit Card Change Cost the Average American About $250 Last Year

The Motley Fool

Image source: Getty Images A double whammy of higher interest rates and increasing levels of credit card debt means Americans paid over $100 billion in credit card interest in 2022. What's more, new research from the Consumer Financial Protection Bureau (CFPB) shows that the Fed's rate hikes are only partially to blame. The CFPB says the average American paid over $250 last year in extra credit card interest.

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LIS Technologies Raises $1.3M in Seed Funding

FinSMEs

LIS Technologies Inc., a NYC-based proprietary developer of advanced laser technology and the only USA-origin patented laser uranium enrichment company, closed a $1.3m seed funding round. Led by Christo Liebenberg, Chief Executive Officer, and Jeff Eerkens, Ph.D., Chief Technical Officer, LIS Technologies is a proprietary developer of a patented advanced laser technology, making use of infrared wavelengths […] The post LIS Technologies Raises $1.3M in Seed Funding appeared first on FinSMEs

Funds 111
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Why Canopy Growth Stock Dropped 9.5% Today

The Motley Fool

Friday was a wonderful day to own shares of Canadian cannabis company Canopy Growth (NASDAQ: CGC) , which spiked nearly 69% on news that Germany will begin legalizing marijuana on April 1. There does, however, appear to have been some fluff in that price expansion, and some of the air is coming out of the bubble on Monday. As investors digest the news, Canopy Growth is giving back some gains today.

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Airvine Closes Series A Funding

FinSMEs

Airvine, a Santa Clara, CA-based company developing a multi-Gigabit-speed wireless backhaul system for indoor connectivity, raised $6.2M in funding. The round was led by Crosslink Capital. The company intends to use for ongoing product development and expasion of the sales team. Airvine provides intelligent broadband wireless backhaul solutions for the enterprise.

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Warren Buffett Owns the Largest Natural Gas Pipeline System in the U.S. Want to Invest Like Him? Buy This High-Yield Pipeline Stock.

The Motley Fool

Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) is a conglomerate that directly owns a large number of companies. One, Northern Natural, is a midstream giant with a particular focus on natural gas. If you want to invest like Buffett, you can own a midstream giant focused on natural gas, too, by buying high-yielding Enterprise Products Partners (NYSE: EPD).

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Succinct Raises $55M in Seed and Series A Funding

FinSMEs

Succinct, a San Francisco, CA-based developer of zero-knowledge proof tools, raised $55m in seed and Series A funding. The round was led by Paradigm with participation from Robot Ventures, Bankless Ventures, Geometry, ZK Validator and angels including Sreeram Kannan from Eigenlayer, Sandeep Nailwal and Daniel Lubarov from Polygon and Elad Gil. The company intends to use […] The post Succinct Raises $55M in Seed and Series A Funding appeared first on FinSMEs.

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Forget Super Micro Computer: Billionaires Are Selling It and Buying These 6 Artificial Intelligence (AI) Stocks Instead

The Motley Fool

It's been three decades since there's been a next-big-thing investment trend that's captivated the attention of professional and everyday investors quite like the artificial intelligence (AI) revolution. Just as the advent of the internet changed the course of corporate America 30 years ago, there's a growing belief that AI can lead to that next leap in economic growth and innovation.

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Tomorrow Things Secures €1.5M in Funding

FinSMEs

Tomorrow Things, a Bonn, Germany-based developer of an AI-powered Operating System for machines on the internet, raised €1.5M in funding. The round was led by High-Tech Gründerfonds (HTGF) and neoteq ventures, supported by Notion Capital, Robin Capital, and a number of business angels specializing in fundraising, marketing, and B2B SaaS (Christian Noske, Maximilian Eichler, Thomas […] The post Tomorrow Things Secures €1.5M in Funding appeared first on FinSMEs.

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Why Altcoins Like Toncoin and Bitcoin Cash Were Soaring Today

The Motley Fool

Did we witness the start of a new cryptocurrency rally on Monday? It's very possible. After all, the prices of more than a few coins and tokens across a wide variety of use cases zoomed notably higher, following a general softening in the preceding week. Among the many altcoins making investors richer Monday were Toncoin (CRYPTO: TON) , with an impressive gain of nearly 27% from its level at 4 p.m.

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Adam Neumann makes conditional offer to regain control of WeWork

Financial Times M&A

Co-working group’s co-founder says he has ‘half a dozen’ partners to finance a potential bid of about $600mn

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If You Like Chipotle and Its Stock Split, Then You'll Love These 2 Dividend Stocks

The Motley Fool

Chipotle Mexican Grill (NYSE: CMG) captured the spotlight recently with its announcement that it will issue a 50-for-1 stock split. The makes sense given that the stock recently achieved a new all-time high of over $3,000 a share (before slipping back slightly). Here's why Chipotle and two other leading restaurant, food, and beverage dividend stocks are all worth buying now.

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Goalsetter Raises $9.6M in Series A Extension Funding

FinSMEs

Goalsetter, a NYC-based provider of a spending, saving, wealth building and financial education platform, raised $9.6M in Series A funding. The round was led by an affiliate of Edward Jones and MassMutual through its MM Catalyst Fund. Series A investors Fiserv, Webster Bank, Seae Ventures, Astia Fund, and Partnership Fund for New York City also participated along with new investors Reseda Group and InTouchCU.

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Forget Nvidia: Another Super Semiconductor Stock Just Hit a New Record High, and It's Not Too Late to Buy

The Motley Fool

The semiconductor industry is the beating heart of the artificial intelligence (AI) revolution. It produces the advanced chips for data centers where developers build, train, and deploy their AI models. Nvidia 's (NASDAQ: NVDA) graphics processing units (GPUs) are best-in-class for those applications. Nvidia stock has more than tripled over the last 12 months, carrying the company to a $2.2 trillion valuation.

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UK government ceases to be NatWest’s controlling shareholder

Financial Times M&A

State’s stake in the British high street bank bailed out in the financial crisis has now fallen below 30%

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5 Habits of Financially Successful Women: Lessons From the Leaders

The Motley Fool

Image source: Getty Images Financial success is a journey that combines discipline, knowledge, and the willingness to act upon sage advice. Drawing inspiration from the practices and insights of some of the world's most financially successful women , we can uncover the habits that underpin their achievements. Let's delve into these personal finance habits, now enriched with specific advice from industry titans. 1.

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Is time running out for fast fashion?

Financial Times: Moral Money

Retailer Shein is under attack from French lawmakers as it gears up for a public listing

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Nvidia Has a Secret Weapon to Keep Growing Long Into the Future

The Motley Fool

High-end chip maker Nvidia (NASDAQ: NVDA) has smashed expectations year over year, with annualized revenue growth of 60% since 2021. With yearly releases of improved graphics processing units (GPUs) for both gaming and cloud computing, the company has been able to continuously offer the best GPU hardware on the market. This strategy has led the company's stock on a meteoric rise.

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Blackstone planning £1.5bn sale of The Office Group

Private Equity Wire

An uptick in demand for flexible working space has prompted Blackstone Inc to explore a sale of The Office Group, with the private investment firm having held informal talks with advisers over a potential £1.5bn sale of the business, according to a report by The Telegraph. The report cites unnamed city sources as revealing that Blackstone has set its sights on a Q1 2025 deal with either a stock market listing or sale seen as possible options for the business.

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Real Estate Commissions Could Drop by 25% or More, but These 2 Companies Could Be Big Winners

The Motley Fool

The National Association of Realtors recently settled a lawsuit, and among other things, it agreed to drop the requirement for home sellers to pay the buyer's agent commission. While this could hurt some major real estate companies, here are two -- one big player and one small cap -- that could be big winners. *Stock prices used were the afternoon prices of March 21, 2024.

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Golding raises nearly €280m for latest secondaries fund

Private Equity Wire

Golding Capital Partners has raised nearly €280m for its latest secondaries fund with the vehicle on track to attract more capital commitments than the firm’s inaugural secondaries fund, according to a report by Secondaries Investor. The report cites a statement issued by Golding as confirming that Golding Secondaries 2022 is expected to reach its €500m target, having held a first close at €172m in August last year.

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1 Dividend Stock Near Its 52-Week Low to Buy Today

The Motley Fool

The stock market rally has made it harder for investors to find attractive deals these days. With the S&P 500 setting fresh records, many stocks are trading near -- if not at -- their all-time highs. Yet there are always areas of the market that have fallen out of favor. Currently, investors are moving away from consumer staples giants like PepsiCo (NASDAQ: PEP) due to their relatively weak short-term growth prospects.

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Impact investor Ascension looks to combat social inequalities with first close of new fund

AltAssets

Early stage venture capital investor Ascension has hit a £17m first close for its £50m-targeting fund, which aims to back investments which reduce social inequalities. The post Impact investor Ascension looks to combat social inequalities with first close of new fund first appeared on AltAssets Private Equity News.

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4 Ways to Grow $100,000 Into $1 Million for Retirement Savings

The Motley Fool

If you've saved $100,000 (or more) for retirement, you're ahead of most Americans. Check out the table below, which shows how much workers in America have socked away for retirement, per the 2023 Retirement Confidence Survey. Amount in Savings and Investments* Percentage of Workers Less than $1,000 18% $1,000 to $9,999 8% $10,000 to $24,999 7% $25,000 to $49,999 5% $50,000 to $99,999 8% $100,000 to $250,000 18% Over $250,000 36% Source: 2023 Retirement Confidence Survey.

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Deal Roundup: CVC, Advent bid for pet food business, Actis to sell African fibre operator

AltAssets

CVC and Advent International have made a joint bid for European pet food business PPF from Cinven, according to a report by the Financial Times. Cinven was previously seeking roughly €2bn for the business, although no talks with CVC and Advent are still ongoing. PPF had been bought by Advent in 2011 before being sold […] The post Deal Roundup: CVC, Advent bid for pet food business, Actis to sell African fibre operator first appeared on AltAssets Private Equity News.

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Novo Nordisk and Eli Lilly May Finally Have Some Real Competition

The Motley Fool

One of the biggest themes in the pharmaceutical market right now is weight-loss treatments. Demand is off the charts for medications including Ozempic, Rybelsus, Saxenda, Wegovy, Mounjaro, Jardiance, and Zepbound. That's a long list of treatments, isn't it? What you might not know, however, is that just two companies, Novo Nordisk (NYSE: NVO) and Eli Lilly (NYSE: LLY) , developed all the medications above.

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Asia-Pacific private equity fundraising sinks to lowest level in a decade

AltAssets

Asia-Pacific buyout fundraising has fallen to its lowest level in a decade as LPs tighten their purse strings and de-risk through non-PE asset classes. The post Asia-Pacific private equity fundraising sinks to lowest level in a decade first appeared on AltAssets Private Equity News.

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Carnival Stock Has 29% Upside, According to 1 Wall Street Analyst

The Motley Fool

Conflict and piracy in and around the Red Sea have thrown a monkey wrench into the travel plans of cruise ship companies that operate there. Carnival Corp. (NYSE: CCL) , in particular, suffered a minor setback on Monday, when analysts at Susquehanna International Group said they would tweak their price target lower, to $22 per share. As the analyst explained in a note covered on TheFly.com, "certain itineraries" around the Red Sea have been rerouted, and others canceled outright.

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