Mon.May 13, 2024

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Nvidia Seems Poised to Enter the Multibillion-Dollar Custom Artificial Intelligence (AI) Chip Market

The Motley Fool

Nvidia (NASDAQ: NVDA) stock is on fire. Shares of the artificial intelligence (AI) chip leader have gained 81.5% so far in 2024, and are up 531% over the last three years through May 10. The S&P 500 index has returned 10% and 31.9%, respectively, over these periods. The stock's gains are mostly being driven by powerful demand for the company's AI-enabling graphics processing units (GPUs) and related offerings for data centers.

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Monitaur Raises $6M in Series A Funding

FinSMEs

Monitaur, a Boston, MA-based model governance software company, raised $6M in Series A funding. The round was led by Cultivation Capital, with participation from Rockmont Partners and others including Defy VC, Techstars, and Studio VC. The company intends to use the funds to accelerate its growth and add talent across functions. Led by CEO Anthony Habayeb, Monitaur is a provider […] The post Monitaur Raises $6M in Series A Funding appeared first on FinSMEs.

Funds 119
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Could Costco's $1.50 Hot Dog Combo Go Away?

The Motley Fool

Image source: Getty Images Costco's $1.50 hot dog combo has achieved legendary status since it first appeared on the menu almost 40 years ago. The price has stayed the same through recessions, a housing crisis, and the recent sky-high inflation. During that time, Costco executives viewed the deal as part of the warehouse store's DNA. So much so that it's said the mere mention of a price hike sparked death threats among senior management.

Banks 246
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Switchboard Health Raises $6.5M in Seed Funding

FinSMEs

Switchboard Health, a Boise, ID-based creator of a high-value specialty care network and software platform, raised $6.5M in seed funding. The round was led by First Trust Capital Partners with participation from founding investor Route 66 Ventures, InnovateHealth Ventures, Capital Eleven, and Ikigai Growth Partners. The company intends to use the funds for the continued development of its […] The post Switchboard Health Raises $6.5M in Seed Funding appeared first on FinSMEs.

Funds 119
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Billionaire Ken Griffin Just Made a Once-in-a-Generation Bet on This Stock. Time to Buy?

The Motley Fool

When Ken Griffin, founder and chief executive officer of Citadel, makes an investment decision, everyone stands up and takes notice. That's because this investing giant has produced show-stopping results over time, with Citadel bringing in about $74 billion in returns since its 1990 launch. That makes it the most successful hedge fund ever. So it's no surprise investors are eager to hear about Griffin's latest moves.

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Artisan AI Closes $7.3M Seed Funding Round

FinSMEs

Artisan AI, a San Francisco, CA-based startup building AI employees and software for enterprise companies, raised $7.3M in Seed funding. The round was led by Oliver Jung. Other investors include Sequoia Scout, Y Combinator, Soma Capital, BOND Capital, Anu Hariharan, Paul Daverda, Fellow’s Fund, and more. The company intends to use the funds to expand […] The post Artisan AI Closes $7.3M Seed Funding Round appeared first on FinSMEs.

Funds 114

More Trending

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Anglo American rejects improved £34bn offer from BHP

Financial Times M&A

Australian giant increased all-share share offer by 15 per cent but was rebuffed by UK rival

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Nvidia Is Leading the Artificial Intelligence (AI) Charge, But These 2 Companies Are Rising Stars

The Motley Fool

AI chip leader Nvidia (NASDAQ: NVDA) will no doubt have very strong growth over the next year-plus. But while the chip designers like Nvidia and its would-be competitors garner a lot of headlines, the less sexy advanced packaging process is actually today's big AI bottleneck. That's why these two under-the-radar advanced packaging tech stocks are primed to take off in 2025.

Companies 246
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Roam Raises $3M in Additional Financing

FinSMEs

Roam, A NYC-based provider of a platform for assumable mortgages, raised $3M in additional funding. Backers included Founders Fund. Keith Rabois, who led Roam’s Pre-Seed financing round as a partner at Founders Fund, also led the latest seed round along with new investors Tony Xu (DoorDash CEO), Dylan Field (Figma CEO), Paul Gu (Upstart co-founder), […] The post Roam Raises $3M in Additional Financing appeared first on FinSMEs.

Finance 110
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Prediction: Ethereum Will Reach $5,000 by the End of 2025

The Motley Fool

It's been a strange year for Ethereum (CRYPTO: ETH). The world's second-largest crypto exploded out of the gate early, soaring from $2,200 in January to $4,000 by mid-March. It looked like Ethereum was easily going to reach the $5,000 mark by the end of the year. But that's not what happened. Ethereum fell in value after hitting its high-water mark of $4,000, and now sits right at the $3,000 level.

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Active Surfaces Raises $5.6M in Pre-Seed Funding

FinSMEs

Active Surfaces, a Woburn, MA-based flexible solar panel startup spun out from MIT, raised $5.6M in pre-seed funding. The round was led by Safar Partners, with participation from QVT, Lendlease, Type One Ventures, Umami Capital, Sabanci Climate Ventures, New Climate Ventures, SeaX Ventures, and others. The company intends to use the funds to expand its R&D efforts, […] The post Active Surfaces Raises $5.6M in Pre-Seed Funding appeared first on FinSMEs.

Startups 109
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How Viking Therapeutics Stock Could 30x

The Motley Fool

Viking Therapeutics (NASDAQ: VKTX) has been one of the few bright spots in the healthcare sector this year. The biotech's shares have stormed higher by almost 300% year to date on the back of its midstage weight-loss candidate, VK2735. The lowdown is that VK2735 could be a top three weight-loss medication in terms of sales, according to some analyst estimates.

Assets 246
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Plenty Raises $5M in Funding

FinSMEs

Plenty, a San Francisco, CA-based provider of a wealth-building platform that helps couples invest and plan for their future, raised $5M in funding. The round was led by Inovia Capital, with participation from from Garage Capital, Otherwise Fund, and Interplay. The seed participants joined pre-seed investors: Kevin Durant and Rich Kleiman’s 35 Ventures, Charge Ventures, Phenomenal Ventures, Xtripe […] The post Plenty Raises $5M in Funding appeared first on FinSMEs.

Funds 106
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Shopify, Roblox, and Other Reports Investors Are Interested In

The Motley Fool

In this podcast, Motley Fool host Dylan Lewis and analysts Ron Gross and Andy Cross discuss: Disney 's path to streaming profitability. Warnings from Shopify and Roblox that growth in the back half of 2024 might be a bit lighter. The Trade Desk 's relative strength in a tough earnings environment. Airbnb bracing for some travel slowdown. How drinkmaker Celsius continues to find the energy for growth.

Investors 246
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MetisX Raises $44M in Series A Funding

FinSMEs

MetisX, a Seoul, South Korea-based company developing intelligent memory solutions using compute express link (CXL) technology, raised $44M in Series A funding. The round included new investors such as SV Investment, STIC Ventures, LB Investment, and the Industrial Bank of Korea, as well as follow-on investors from the seed round including Mirae Asset Venture Investment, […] The post MetisX Raises $44M in Series A Funding appeared first on FinSMEs.

Funds 105
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3 Artificial Intelligence (AI) Stocks to Buy in May

The Motley Fool

May is here, so we are quickly approaching the year's halfway point. Artificial intelligence (AI) continues to be a hot theme, though some stocks have cooled as volatility sets in. A famous Wall Street saying is "Sell in May and go away. " But I'm not having that. In fact, some attractive AI stocks are ripe for the picking -- you just need to know where to look.

Investors 246
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Danish biotech says companies should tap China’s ‘impressive innovation’

Financial Times M&A

Genmab argues ‘anti-Chinese sentiment’ should not deter dealmaking

Companies 102
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Reddit Stock Surged on News of Its Artificial Intelligence Bet, but Does That Make It a Worthwhile AI Buy?

The Motley Fool

The long-awaited introduction of Reddit (NYSE: RDDT) stock has given investors another option for social media investing. Its first quarterly earnings release pointed to considerable growth, indicating the stock could become more popular with investors if such increases continue. However, the stock has attracted attention as it emphasizes using artificial intelligence (AI) to improve productivity.

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Talk Your Book: Defining Risk with Structured Protection ETFs

A Wealth of Common Sense

Today’s Talk Your Book is sponsored by Calamos Investments: On today’s show, we spoke with Matt Kaufman, SVP and Head of ETFs to discuss the basics of Structured Protection ETFs. On today’s show, we discuss: Options within tax-efficient wrappers How to construct defined outcome products The importance of holding periods with structured protection ETFs Why it matters when you purchase structured protect.

Taxes 100
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Does Palantir Stock Deserve an Upgrade?

The Motley Fool

Fool.com contributor Parkev Tatevosian updates his recommendation of Palantir (NYSE: PLTR) stock. *Stock prices used were the afternoon prices of May 10, 2024. The video was published on May 12, 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 Palantir Technologies wasn’t one of them.

Returns 246
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May Health Raises $25M in Series B Funding

FinSMEs

May Health, a Paris, France-based clinical-stage medical device company, raised $25M in Series B funding. The round was led by Bpifrance and Trill Impact with participation from founding investor Sofinnova Partners, as well as Avestria Ventures and Kidron Capital Assets LP. In conjunction with the financing, Nina Rawal, co-head and partner at Trill Impact Ventures […] The post May Health Raises $25M in Series B Funding appeared first on FinSMEs.

Funds 93
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Why Solar Energy Stocks Soared Today

The Motley Fool

Are meme stocks back? Is a short squeeze hitting solar and clean energy? It seems all the possibilities are on the table on Monday as some of the more volatile companies in energy see their shares skyrocket on relatively little news. Solar energy stocks were some of the biggest beneficiaries today. Shares of SunPower (NASDAQ: SPWR) led the way and popped as much as 25.2% early on Monday, while Sunnova (NYSE: NOVA) jumped as much as 13.2%, and Sunrun (NASDAQ: RUN) was up 10.1%.

Finance 246
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4 Laws to Keep Your Hiring Compliant

XY Planning Network

Over the years, we’ve written a thing (or two) about how to hire great talent with some hiring best practices. There is Hiring 101: Everything You Need to Know, Hiring: The Phone Screen, 10 Minutes to Make It or Break It , and Hiring? Your Guide to Creating a Positive Employee Onboarding Experience , just to name a few. But since the hiring landscape is ever-changing let’s take another look at the topic, this time from a more compliance-related perspective.

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A 2025 Social Security COLA Estimate Is Here, But It May Be Useless Without This Number

The Motley Fool

Millions of older Americans today collect a monthly paycheck from Social Security. And it's that money that helps many retirees cover essential bills from food to housing to transportation. In fact, some seniors are so reliant on Social Security that each year, they eagerly await news of a cost-of-living adjustment, or COLA. In 2024, for example, Social Security benefits rose 3.2% , which brought the average monthly retirement benefit up from $1,848 to $1,907 at the start of the year.

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Blue Owl Capital appoints appoints Head of APAC Private Wealth

Private Equity Wire

Alternative asset manager Blue Owl Capital, which has $174bn in AUM across credit, GP strategic capital and real estate, has appointed Johann Santer as a Managing Director and Head of APAC Private Wealth, based in the company’s Hong Kong office. Santer who joins from Fidelity International, where he served as Regional Lead for Wholesale alongside his role as Head of Private Banking, will report to Sean Connor, President & CEO of Global Private Wealth.

Capital 88
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3 Reasons I'll Take Uber Stock Over Lyft Despite the Lousy Response to Q1

The Motley Fool

Given the two stocks' different responses to the release of first-quarter numbers, it would be easy to assume the best for ride-hailing outfit Lyft (NASDAQ: LYFT) while presuming the worst for bigger rival Uber Technologies (NYSE: UBER). Shares of the former soared in response to its Q1 results while Uber stock tanked. The market may be misreading both sets of quarterly reports, though, and aggravating that mistake by buying Lyft and selling Uber.

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BHP can’t pay enough to force Anglo to do the heavy lifting

Financial Times M&A

Anglo could restructure itself and reap potential rewards without the overhang of BHP’s deal

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4 No-Brainer Warren Buffett Stocks to Buy Right Now

The Motley Fool

Through his holding company, Berkshire Hathaway , Warren Buffett has generated multi-decade average annual returns of roughly 20%. It pays to pay attention to what he is buying. There are four Buffett stocks in particular that investors should dive deeper into right now. These 2 Buffett stocks are growth superstars Few stocks have outperformed Visa (NYSE: V) or Mastercard (NYSE: MA) since they went public.

Banks 246
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Apollo closing in on $11bn Intel credit deal

Private Equity Wire

Apollo Global Management is in advanced discussions with Intel over a deal to provide more than $11bn in capital to finance the chip manufacturer’s construction of a new plant in Ireland, according to a report by the Wall Street Journal. The report cites unnamed people familiar with the matter in confirming that an agreement could be reached as early as the next few weeks although nothing has been finalised at this point and the deal could yet fail to progress.

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Is SoundHound AI Stock a Good Investment?

The Motley Fool

Fool.com contributor Parkev Tatevosian evaluates SoundHound AI (NASDAQ: SOUN) stock and answers if it makes an excellent buy for long-term investors. *Stock prices used were the afternoon prices of May 9, 2024. The video was published on May 11, 2024. Should you invest $1,000 in SoundHound AI right now? Before you buy stock in SoundHound AI, 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 SoundHound

Investing 246
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Brightstar Capital agrees $1.1bn PlayAGS take-private deal

Private Equity Wire

PlayAGS will be acquired by affiliates of private equity firm Brightstar Capital Partners, with the deal valued at $1.10bn. The company’s board has approved the acquisition and recommended shareholders also vote in favour of the proposed deal. Brightstar invests in industrial, manufacturing and services businesses. Under the agreement, PlayAGS shareholders will receive $12.50 per share in cash.

Capital 84
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Warren Buffett's $189 Billion Subtle Warning to Wall Street Shouldn't Be Ignored

The Motley Fool

Some 51 years ago, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett held his company's first annual shareholder meeting in the cafeteria of a subsidiary and drew a few dozen people. A little over week ago, Berkshire lured in the neighborhood of 40,000 investors to Omaha, Nebraska, for its latest annual gathering. People flock to this annual meeting to listen to the "Oracle of Omaha" speak about his investing philosophy , the U.S. economy, and select stocks held by Berkshire.

Banks 245
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Hess investors advised to abstain from vote on $53bn Chevron deal

Financial Times M&A

Dispute with ExxonMobil over oil-rich Guyana block cited as source of uncertainty by advisory firm ISS

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Memecoins Made Massive Gains on Monday

The Motley Fool

The market was all-in on memes on Monday, and that helped the value of tokens like Dogecoin (CRYPTO: DOGE) and Pepe (CRYPTO: PEPE) , which hold little value but the meme itself. The biggest catalyst wasn't any news from Wall Street, but rather the return of a popular Reddit personality named Roaring Kitty, who brought on the stock market meme craze in the first place.

Assets 245