Wed.May 15, 2024

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The 2025 Social Security Cost-of-Living Adjustment (COLA) Will Likely Be a Double-Edged Sword for Retirees. Here's Why.

The Motley Fool

The Social Security Administration will announce the 2025 cost-of-living adjustment (COLA) on Oct. 10, 2024. That's when we'll get the last key piece of information needed to calculate it. But even though we're missing some important data now, speculation already abounds about what it'll bring for beneficiaries. Estimates have been climbing over the last few months, hinting that seniors might get a larger COLA than many would've guessed at the end of 2023.

Financing 246
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Greenside Capital Advisors Takes Flight in Boston

Private Equity Professional

Greenside Capital Advisors has launched as a new independent investment banking boutique specializing in middle market sell-side and buy-side mergers, acquisition advisory and business valuation services. Greenside Capital was co-founded by Eric Higgins and Bob Snape, former senior bankers at BDO Capital Advisors where they worked together from 2015 to 2024.

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The Ultimate Cryptocurrency to Buy With $1,000

The Motley Fool

The cryptocurrency market is soaring in 2024. Ethereum (CRYPTO: ETH) has gained nearly 30% year to date, easily outpacing a 10% increase in the S&P 500 stock market index. Bitcoin (CRYPTO: BTC) and Solana (CRYPTO: SOL) are up roughly 45% over the same period. But Ripple (CRYPTO: XRP) didn't get that memo. The international payment system's XRP token is down by almost 20% instead: XRP Price data by YCharts.

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Grafine Closes on $600 Million for Inaugural Strategy

Private Equity Professional

Grafine Partners has held an above target closing of its first fund, Grafine Capital I LP, and parallel vehicles with a combined $600 million in capital commitments. Grafine’s inaugural fund provides anchor limited partner capital and institutional-level support to first-time funds – launched by experienced private equity professionals – in exchange for revenue sharing and… This content is for members only.

Capital 100
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Prediction: 2 Artificial Intelligence (AI) Stocks That Could Be Worth More Than Nvidia 5 Years From Now

The Motley Fool

Nvidia (NASDAQ: NVDA) has wowed investors over the past few years with its triple-digit earnings growth and explosive share-price performance. And that's helped the company reach $2.26 trillion in market value. The reason behind all of the excitement? Nvidia's graphics processing units (GPUs) have proven their ability to power the most crucial of artificial intelligence (AI) tasks -- such as the training of large language models (LLMs) -- and the company now holds about 80% of the AI chip market

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Silver Oak Launches New Commercial Landscaping Platform

Private Equity Professional

Silver Oak Services Partners has acquired Beary Landscaping in partnership with the company’s founder and senior management team. Beary is a provider of landscaping and snow removal services to a range of commercial end markets, including utilities, multi-family living communities, office buildings, and municipalities. The company serves more than 1,200 customers across Illinois, Indiana, Pennsylvania,… This content is for members only.

Companies 100

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One Sweet Deal! Shore’s Sweetmore Buys Sweet Eddie’s

Private Equity Professional

Sweetmore Bakeries, a portfolio company of Shore Capital, has acquired Sweet Eddie’s, a wholesale manufacturer of cinnamon rolls and other baked goods. Sweetmore Bakeries was launched by Shore through the September 2019 acquisition of Main Street Gourmet (MSG), an Akron-based wholesale bakery with a 68,000 sq. ft. manufacturing facility and 160 employees located near Akron… This content is for members only.

Capital 100
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4 Reasons to Buy Nvidia Stock Before May 22

The Motley Fool

Shares of Nvidia (NASDAQ: NVDA) have already clocked handsome gains of 81% in 2024 thanks to the stellar quarterly results the company delivered earlier this year, which cemented its position as the pioneer in the market for artificial intelligence (AI) chips. Analysts and investors now eagerly wait for May 22, when the company will release its fiscal 2025 first-quarter results (for the three months ending April 28, 2024).

Returns 246
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enspired Raises € 25.5M in Series B Funding

FinSMEs

enspired, a Vienna, Austria-based AI-based power trading company, secured €25.5m in Series B funding. The round was led by Zouk Capital with participation from PUSH VC, Banpu NEXT, Vopak Ventures, Presidio Ventures, Emerald Technology Ventures, Helen Ventures, 360 Capital, and EnBW New Ventures. The company intends to use the funds to expand operations and its […] The post enspired Raises € 25.5M in Series B Funding appeared first on FinSMEs.

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Nvidia Recently Bought 5 Artificial Intelligence (AI) Stocks, and 1 Is Absolutely Soaring

The Motley Fool

In the space of just 18 months, Nvidia 's (NASDAQ: NVDA) market capitalization has grown from $360 billion to over $2.2 trillion, making it the third largest company in the world behind Apple and Microsoft. Artificial intelligence (AI) is responsible for the majority of that value creation. Nvidia designs the world's most powerful graphics processing units (GPUs) for data centers, which developers use to build, train, and deploy their AI models.

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Firmus Raises Financing Round

FinSMEs

Firmus, a Miami, FL-based company which specialises in preconstruction AI design review and risk analysis, raised an undisclosed amount in funding. The round was led by Navitas Capital with participation from Heartland Ventures, PiLabs, and Unorthodox Ventures. The company intends to use the funds to further enhance its growth in AI-driven bid-ability and constructability review with expanded […] The post Firmus Raises Financing Round appeared first on FinSMEs.

Financing 113
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Better Warren Buffett Oil Stock: Chevron vs. Occidental Petroleum

The Motley Fool

Warren Buffett's company, Berkshire Hathaway , owns lots of stocks. Two of its more notable holdings are oil giants Chevron (NYSE: CVX) and Occidental Petroleum (NYSE: OXY). While oil stocks have fallen out of favor for most investors, they rank as two of Buffett's top holdings (fifth- and sixth-largest, respectively), comprising nearly 10% of its investment portfolio.

Debt 246
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Arch Labs Raises $7M in Seed Funding

FinSMEs

Arch Labs, a Bitcoin-native application platform, raised $7m in seed funding. The round was led by Multicoin Capital with participation from OKX Ventures, Portal Ventures, Big Brain Holdings, CMS Holdings, and Tangent. The company intends to use the funds to hire additional core developers, help launch the Arch Network into mainnet in H2 2024 and […] The post Arch Labs Raises $7M in Seed Funding appeared first on FinSMEs.

Funds 113
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Is Shopify Stock Going to $77? 1 Wall Street Analyst Thinks So.

The Motley Fool

After suffering a 16% price drop over the past month, Shopify (NYSE: SHOP) stock is ice-cold on the market. Does that make the e-commerce facilitator an irresistible buy? One analyst tracking the company certainly thinks so, even though he just took a big pair of scissors to his price target. Here's a look at the current state of Shopify, and whether its recent share price tumble makes it a buy on weakness.

Prospects 246
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Elevate K-12 Receives $25M in Growth Funding

FinSMEs

Elevate K-12, a Chicago, IL-based company that provides synchronous LIVE teaching for K-12 classrooms in the United States, raised $25M in Growth financing. Trinity Capital (NASDAQ: TRIN) provided the financial resources. The company intends to use the funds to increase working capital, scale operations, and fund growth initiatives. Led by CEO and Founder Shaily Baranwal, Elevate K-12 is […] The post Elevate K-12 Receives $25M in Growth Funding appeared first on FinSMEs.

Funds 108
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U.S. Chip Manufacturing Could Triple in Less Than a Decade: 2 Stocks That Could Follow Suit

The Motley Fool

The U.S. government has focused significantly on the country's position in the semiconductor market, and that's not surprising -- chips play a critical role in multiple industries, ranging from automotive to smartphones, computers, and artificial intelligence (AI). A key effort: the CHIPS and Science Act, which was enacted in 2022, has accelerated investments in the U.S. semiconductor industry.

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Astorg overcomes industry fundraising headwinds to raise €4.4bn for biggest fund yet

AltAssets

Pan-European private equity firm Astorg has raised €4.4bn for its biggest-ever flagship fund, four months after bringing in two new senior IR execs as part of a European LP push. The post Astorg overcomes industry fundraising headwinds to raise €4.4bn for biggest fund yet first appeared on AltAssets Private Equity News.

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Massive News for Intel Stock Investors

The Motley Fool

Fool.com contributor Parkev Tatevosian reviews the latest news and what it could mean for Intel (NASDAQ: INTC) stock investors. *Stock prices used were the afternoon prices of May 12, 2024. The video was published on May 14, 2024. Should you invest $1,000 in Intel right now? Before you buy stock in Intel, 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 Intel wasn’t one of them.

Investors 246
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TrueBridge raises $1.6bn across five VC investment vehicles

Private Equity Wire

Venture capital investment firm TrueBridge Capital Partners has raised $1.6bn in capital commitments across five investment vehicles focusing on investments in other venture capital funds and technology companies. According to a press statement, the vehicles – TrueBridge Capital Partners Fund VIII, TrueBridge Seed & Micro-VC II, TrueBridge Direct Fund III, TrueBridge Secondaries I and TrueBridge Blockchain I – attracted support from both existing limited partners and new investors, including

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Shopify Stock Is Dropping Like a Ton of Bricks. Is This an Opportunity to Buy on the Dip?

The Motley Fool

All eyes were on Shopify (NYSE: SHOP) last week as it reported its first-quarter earnings results. With the stock up over 120% in the lead-up to the earnings release, investors had high expectations, so its weak outlook was met with severe consequences. Shopify stock has plunged 24% since then. Is this short-term dip a buying opportunity? Let's see how Shopify is doing and where it's likely headed.

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Holidu Acquires Clubrural

FinSMEs

Holidu, a Munich, Germany-based vacation rental company, acquired Clubrural, a Madrid, Spain-based provider of a portal for rural vacation rentals in Spain and Portugal. The amount of the deal was not disclosed. With the acquisition, Holidu will expand its offerings. Founded in 1997 by Javier De La Cruz, Clubrural specilizes in booking of vacation rentals […] The post Holidu Acquires Clubrural appeared first on FinSMEs.

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Down 73% Since IPO, Is This Restaurant Stock a Buy Now?

The Motley Fool

Portillo's (NASDAQ: PTLO) is a restaurant with a cultlike following and incredible unit economics, but the stock hasn't been a winner for investors. The recent first-quarter 2024 earnings report even showed weakness on a same-store basis. In this video, Travis Hoium goes over the numbers and shows why this is still a great restaurant stock to own today.

Returns 246
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Deal Roundup: KKR agrees IQGeo take-private, Castik to buy PE-backed Andra Tech

AltAssets

KKR has agreed a £316m take-private deal for UK-based geospatial network managing software specialist IQGeo Group. The 480 pence per share deal is 19% above IQGeo’s last closing stock price. KKR said it sees an opportunity to accelerate IQGeo’s transition towards a recurring software centric business model and the development of IQGeo’s future product roadmap […] The post Deal Roundup: KKR agrees IQGeo take-private, Castik to buy PE-backed Andra Tech first appeared on Alt

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2 Top ETFs to Buy Now That Could Set You Up for Life

The Motley Fool

Investing doesn't need to be hard. Just a couple of well-chosen exchange-traded funds ( ETFs ) can make it easy -- and lucrative. Read on to learn about two great ETFs that can help you safely profit from the growth of the global economy and instantly diversify your portfolio with exposure to thousands of stocks. This stalwart ETF can be the foundation of your investment portfolio The Vanguard Total Stock Market ETF (NYSEMKT: VTI) is an excellent and relatively low-risk way to invest in U.S. sto

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Paramount: the takeover battle that could reshape Hollywood

Financial Times M&A

The tussle for the venerable studio has been billed as the money men against the creatives, but the outcome may help decide who survives in the streaming era

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4 Reasons You Should Stop Panicking About Retirement

The Motley Fool

Image source: Getty Images Retirement is one of the biggest adjustments any of us may ever experience. We spend a lifetime building a career until, one day, it's no longer part of our lives. Even if we're not shaken by the loss of identity or the new gaps in our schedules, we must adapt to a new financial reality. If you find yourself looking toward retirement with more anxiety than excitement, this article is for you. 1.

Financing 246
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Astorg holds final closing of Astorg VIII at €4.4bn

Private Equity Wire

Pan-European private equity firm Astorg has held the final close of its latest flagship fund, Astorg VIII – an Article 8 buyout fund – with total capital commitments of €4.4bn, making it the firm’s largest fund raised to date. Astorg VIII will target B2B companies across healthcare, technology, business services and industrials. The fund has made five investments to date, representing total committed or earmarked capital from the fund of nearly €2bn, according to a press release.

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Intel's Comeback Is on Track Despite Massive Foundry Losses

The Motley Fool

There are multiple components to Intel 's (NASDAQ: INTC) turnaround story, but at the center is the company's aggressive and costly push to rival Taiwan Semiconductor Manufacturing in the semiconductor foundry market. Intel gave up its once-untouchable manufacturing edge through chronic delays and missteps, enabling TSMC to pull ahead and TSMC customers like AMD to sell chips that beat Intel on performance and efficiency.

Returns 246
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FalconPoint makes inaugural investment in infrastructure solutions provider JENNMAR

Private Equity Wire

FalconPoint Partners, a private equity firm focused on North American middle market companies in the business services and industrials sectors, has invested in JENNMAR, an infrastructure products and specialised services provider to the civil infrastructure, solar, mining and construction industries. JENNMAR will continue to be led by CEO Tony Calandra and its management team.

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3 Reasons I'm Sitting on the CD Sidelines, Despite 5% Rates

The Motley Fool

Image source: Upsplash/The Motley Fool Right now is a great time to invest in certificates of deposit (CDs). Many CDs pay annual percentage yields (APYs) of 5% or higher, making them a tempting place for many people to store their cash and earn some interest. But even with these impressive CD rates , I'm skeptical that they're a good place for my money right now.

Taxes 246
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Quilvest Capital Partners appoints first Global COO

Private Equity Wire

Quilvest Capital Partners, a global mid- and lower mid-market alternatives investment manager with over $7bn in AUM, has appointed John Eggleston as its first Global COO and Partner. Eggleston will oversee finance, operations and technology functions. Based in Quilvest’s London office, he will also serve on the firm’s executive committee. Eggleston’s experience includes co-founding Callcredit and previously serving as a Partner at both BGF and Pantheon Ventures.

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You Won't Believe What Palantir CEO Alex Karp Just Said

The Motley Fool

Fool.com contributor Parkev Tatevosian discusses the comments from the CEO and what it could mean for Palantir (NYSE: PLTR) stock investors. *Stock prices used were the afternoon prices of May 12, 2024. The video was published on May 14, 2024. Should you invest $1,000 in Palantir Technologies right now? Before you buy stock in Palantir Technologies, 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 Pal

Returns 246
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Carlyle global credit to provide $400m financing to Big Bus Tours

Private Equity Wire

Carlyle’s global credit platform has provided a financing package of over $400m to support the growth of Big Bus Tours, a global provider of hop-on hop-off sightseeing bus tours and portfolio company of private equity firm Exponent. Big Bus Tours operates across Europe, North America, the Middle East and Asia Pacific. Carlyle’s global credit platform manages $186bn in AUM as of 31 March 2024.

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This Is the Average Social Security Benefit for Age 70

The Motley Fool

Few people wait to claim Social Security until age 70. But the wait might be worth it to maximize your benefits. The difference in monthly benefits between someone claiming as soon as possible at age 62 and someone who waits until 70 is massive. Most retirees can increase their benefits check by up to 77%. And while you'll have to forego the supplementary income in your 60s, it usually works out in the long run.