Thu.May 30, 2024

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3 Reasons Retirees Could Be Surprised by the Most Recent 2025 Social Security Cost-of-Living Adjustment (COLA) Forecast

The Motley Fool

Social Security is a vital source of income for the majority of retirees. About half of households with someone age 65 or older receive at least 50% of their income from Social Security, according to data collected by the Social Security Administration. Six in 10 retirees say the program is a major source of income in the most recent iteration of an annual Gallup poll.

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Valar Labs Raises $22M in Series A Funding

FinSMEs

Valar Labs, a Palo Alto, CA-based developer of computational histology AI (CHAI) tests for predicting response to cancer therapies, raised $22M in Series A funding. The round was led by DCVC and Andreessen Horowitz (a16z) Bio + Health with participation from Pear VC. Vineeta Agarwala, MD, PhD, General Partner at a16z Bio + Health, and […] The post Valar Labs Raises $22M in Series A Funding appeared first on FinSMEs.

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Should Abbott and DexCom Investors Be Worried About Vertex Pharmaceuticals?

The Motley Fool

Successful investors think about the future by focusing on what the new opportunities might be. They also pay attention to threats that could emerge that might impact the stocks they own. Sometimes, those threats come out of the blue, but other times, they're identifiable well in advance. If you own shares of Abbott (NYSE: ABT) or DexCom (NASDAQ: DXCM) , there's a looming threat to know about.

Investors 246
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Kintsugi Raises $6M in Series A Funding

FinSMEs

Kintsugi AI, a Francisco, CA-based provider of a tax automation platform, raised $6M in Series A funding at a $40M valuation. The round was led by Link Ventures, Venture Highway, KyberKnight, Plug and Play, DeVC and angels investors. The company intends to use the funds to further develop its end-to-end sales tax management solution. Co-founded by Pujun Bhatnagar, Barkin Doganay, and Jeff Gibson, Kintsugi AI […] The post Kintsugi Raises $6M in Series A Funding appeared first on FinSMEs.

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U.S. Chip Manufacturing Could Triple in Less Than a Decade: 3 Artificial Intelligence (AI) Stocks Set to Benefit

The Motley Fool

For the first time in a long while, the United States is serious about increasing domestic semiconductor ("chip") manufacturing. For years, the U.S. has been hyper-reliant on Taiwan for chip production; however, the threat that China will seek to reunify with the island, potentially by force, makes this a massive economic risk. Because of this, the U.S. introduced the CHIPS and Science Act, which provides monetary incentives to companies that increase manufacturing capacity domestically.

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Maxa Raises USD21M in Series A Funding

FinSMEs

Maxa, a Montreal, Canada-based Snowflake Native App for business system and ERP insights automation for the Gen AI era, raised USD21M in Series A funding. The round was led by FRAMEWORK and BDC Capital’s Industrial Innovation Venture Fund. Other investors included Snowflake Ventures, Amiral Ventures and NAventures, the venture arm of National Bank of Canada, […] The post Maxa Raises USD21M in Series A Funding appeared first on FinSMEs.

Funds 113

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Portside Receives Strategic Growth Investment Led by Vista Equity Partners

FinSMEs

Portside, a Cary, NC-based provider of modern software solutions for the business aviation industry, received a strategic growth investment of undisclosed amount. The round was led by Vista Equity Partners with participation from existing investor Insight Partners. Ben Benson, Managing Director at Vista, will join Portside’s Board of Directors effective immediately.

Investing 109
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The S&P 500 Just Did Something It Has Only Done 3 Times in the Last Quarter-Century. The Stock Market Usually Soars Next.

The Motley Fool

Year to date, the S&P 500 (SNPINDEX: ^GSPC) had advanced 10.4% as of Thursday, May 23, 2024. That seemingly arbitrary date was actually the 100th trading day of the year. The S&P 500 returned at least 10% during the first 100 trading days only three other times in the last quarter-century, according to JPMorgan Chase. So what? Under those circumstances, the S&P 500 has historically performed very well throughout the remaining months of the year.

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StructureFlow Raises $6M in Series A Funding

FinSMEs

StructureFlow, a London, UK-based legal technology startup, raised $6M in Series A funding. The round, which brought the total amount to $15M, was led by FINTOP Capital, with follow-on investment from Venrex, part of Select Equity Group, a US asset management fund. The company intends to use the funds to further leverage artificial intelligence to […] The post StructureFlow Raises $6M in Series A Funding appeared first on FinSMEs.

Funds 103
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History Says the Nasdaq Will Soar in 2024: Here Are My Top 5 Software Growth Stocks to Buy Right Now

The Motley Fool

Unusually high inflation and a rising-interest-rate environment have played critical roles in impacting the macroeconomy over the last couple of years. Yet despite these economic pressures, the stock market has generally shown some signs of strength. Although the tech-heavy Nasdaq Composite cratered by 33% in 2022, the index demonstrated key resiliency last year -- surging 43%, thanks to the evolving euphoria surrounding artificial intelligence (AI).

Prospects 246
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Brookfield enters deal to purchase stake in French renewables firm Neoen

AltAssets

Canadian asset manager Brookfield has entered into discussions to purchase a majority stake in Neoen, a French renewables power producer. According to Reuters, Brookfield alongside its Renewable Partners arm and Temasek Holdings are seeking to purchase a majority stake in Neoen – valuing it at $6.6bn. Brookfield has highlighted its plan to snap up a […] The post Brookfield enters deal to purchase stake in French renewables firm Neoen first appeared on AltAssets Private Equity News.

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Generative AI Sales Could Surge 2,026%: Here's My Pick for the Best AI Stock to Buy Now (Hint: Not Nvidia)

The Motley Fool

Generative artificial intelligence (AI) took center stage when OpenAI introduced ChatGPT in late 2022. Nvidia CEO Jensen Huang recently called it "the defining technology of our time," and his company has arguably been the biggest winner through the initial phase of the generative AI boom. Nvidia shares have surged 680% since the beginning of 2023. However, the market is expanding rapidly, and countless companies will benefit in the long run.

Assets 246
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Goldman Sachs raises over $20bn for latest direct lending pool

Private Equity Wire

Goldman Sachs Alternatives has held the final close of West Street Loan Partners V, its latest large-cap senior direct lending vehicle, with $13.1bn of total capital, plus more than $7bn in related managed accounts and $550m of co-investment vehicles. The fundraise is the largest Loan Partners fund raised since the inception of the strategy in 2008, according to a press statement.

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This $22.5-Billion Oil Company Acquisition Could Pay Big Dividends for Investors

The Motley Fool

A consolidation wave continues to wash over the oil patch. ExxonMobil kicked off the current boom in mergers and acquisitions last year with its recently closed $60 billion deal for Pioneer Natural Resources. Rival Chevron followed with its acquisition of Hess , which it hopes to close in the coming months. The sector has seen several smaller transactions as oil companies pair up to enhance their positions and reduce costs.

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Oakley invests in life sciences regulatory and compliance specialist ProductLife Group

Private Equity Wire

Pan-European private equity investor Oakley Capital, via its Oakley Capital Fund V, has invested in ProductLife Group, a European provider of outsourced development, regulatory and compliance services to the global life sciences industry. According to a press statement, Oakley will work alongside management and reinvesting shareholder 21 Invest to support the company’s continued international expansion, as well as accelerating investments into AI technology to drive technology enablement o

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Is It Too Late to Buy Nvidia Stock?

The Motley Fool

Nvidia (NASDAQ: NVDA) once again demonstrated why it is a top semiconductor stock. Last week, it delivered the report for its fiscal 2025's first quarter (which ended April 30), revealing triple-digit percentage revenue growth for yet another quarter and insatiable demand for its most powerful chips. The stock price boost inspired by those results has taken its market cap to about $2.6 trillion, a 230% yearly rise.

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Oklahoma Firefighters pension commits $20m to Schroders PE fund 

Private Equity Wire

The Oklahoma Firefighters Pension & Retirement System has committed $20m to Schroders Capital Private Equity Global Direct IV, according to a report by Pensions & Investments. The commitment to the co-investment fund of funds was confirmed by Troy Brown, managing director at Mariner Institutional, who serves as the fund’s investment consultant.

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Taiwan Semiconductor Hails a "New Golden Age" for Chips. Is It Time to Buy the Stock?

The Motley Fool

Executives at Taiwan Semiconductor Manufacturing (NYSE: TSM) , or TSMC for short, recently said at an event that we are in a "new golden age" for chips. These executives also forecast 10% annual growth for the global semiconductor industry, excluding memory chips. For its part, TSMC has been forecasting revenue growth of over 20% in 2024. Let's take a closer look at TSMC and why it could be one of the biggest beneficiaries of the strong market for semiconductors.

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Chinese global fund launches hit record high amid yuan slump

AltAssets

Global fund launches in China have risen to a record high, amid economic decline across the nation. Reuters reports that the decline is driven by a weakening yuan and a fragile economy, which has increased the demand for foreign assets. This trend is the latest indication of low confidence among domestic investors. The yuan has […] The post Chinese global fund launches hit record high amid yuan slump first appeared on AltAssets Private Equity News.

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The Zero Down Mortgage Is Back -- But Is It a Financial Mistake?

The Motley Fool

Image source: The Motley Fool/Upsplash This morning I heard on the news that United Wholesale Mortgage, the largest mortgage lender in America, is offering what is essentially a zero down mortgage. It works like this: The lender writes a 97% mortgage with a 3% second mortgage, but it's the same thing as a zero down mortgage. I couldn't be happier to see this.

Banks 246
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Waterland-backed creative group Further launches from merger 

Private Equity Wire

Dutch firm Waterland Private Equity has launched creative group Further, following the merger of three companies: branding agency DesignStudio; motion design studio Analog; and immersive experience design studio PixelArtworks. All three companies’ founders will remain within the group, with Paul Stafford, founder of DesignStudio, taking on the role of Group CEO.

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Here's Why UiPath Stock Absolutely Crashed Today

The Motley Fool

When a company greatly reduces its full-year financial guidance and its new CEO abruptly leaves the company, investors tend to react negatively. And that's exactly what's happening with enterprise software company UiPath (NYSE: PATH) on Thursday. As of 9:45 a.m. ET, UiPath stock was down a painful 35% as investors processed the disheartening developments from its report for its fiscal first quarter of 2025.

Returns 246
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Goldman Sachs Alternatives closes fifth large-cap senior direct lending fund

AltAssets

Goldman Sachs Alternatives has closed the fifth large-cap senior direct lending fund, hitting a $13.1bn final close. The post Goldman Sachs Alternatives closes fifth large-cap senior direct lending fund first appeared on AltAssets Private Equity News.

Funds 87
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Listen to Nvidia. This Little-Known, Undervalued Company Could Be a Top Artificial Intelligence (AI) Stock Pick Now

The Motley Fool

If there was any doubt about the strength of the AI boom in the stock market and the broader economy, Nvidia (NASDAQ: NVDA) just put those questions to rest. For the first quarter of 2024, the AI chip titan just posted another blockbuster earnings report, including year-over-year revenue growth of 262% overall and 427% in the data center segment, where the AI revolution is taking place.

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How to Start a Newsletter

A Wealth of Common Sense

We also discussed questions about inequality, the number of credit cards one should have, the value of a low-rate mortgage, and how to pay for IVF. Further Reading: 7 Benefits of Writing The post How to Start a Newsletter appeared first on A Wealth of Common Sense.

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Should You Buy Sony Before Its Stock Split?

The Motley Fool

Over the last few years, many large technology companies have chosen to split their stock. Notable examples include Amazon , Alphabet , Tesla , and Nvidia. However, more recently, a number of consumer goods businesses have also engaged in stock splits following sharp rises in share prices. Energy beverage maker Celsius and big-box retailer Walmart both did so within the last year.

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Ardian raises €530m for third-generation growth platform

Private Equity Wire

Private investment house Ardian has raised €530m for Ardian Growth Fund III, exceeding its €500m target size and raising more than double than the firm’s previous fund, which closed in 2018 at €230m. Ardian Growth Fund III secured commitments from investors across 12 countries, including from banks and insurance companies, entrepreneurs, pension funds and government agencies.

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Will Broadcom Be Worth More Than Apple by 2040?

The Motley Fool

Broadcom 's (NASDAQ: AVGO) stock has soared about 1,900% over the past 10 years. The chipmaker, which was known as Avago until it bought the original Broadcom in 2016, impressed investors with its robust growth and bold acquisitions. With a market cap of $650 billion, Broadcom is now one of the most valuable chipmakers in the world. However, it's still much smaller than its top customer, Apple (NASDAQ: AAPL) , which has a market cap of $2.9 trillion.

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Deal Roundup: Spire invests in WatchMeGrow, Denim receives backing, KKR acquisition

AltAssets

Spire Capital Partners has announced a partnership and strategic growth investment in WatchMeGrow. WMG is a leading SaaS technology company providing security, compliance, business intelligence, analytics and secure video software to education, student enrichment, pet care and other enterprise sectors. “We are excited to partner with Spire Capital in our next chapter of growth,” said John Lewison, CEO […] The post Deal Roundup: Spire invests in WatchMeGrow, Denim receives backi

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Marjorie Taylor Greene Just Loaded Up on Stocks: Here Are the 6 She Bought

The Motley Fool

Sometimes politicians seem to have an uncanny ability to beat the market. In recognition of this, many investors outside of the Beltway pay particular attention to the trades of our senators and representatives -- like those of Rep. Marjorie Taylor Greene, R-Ga. Last week, Greene submitted a regulatory filing that revealed six recent stock purchases: Advanced Micro Devices (NASDAQ: AMD) , Apple (NASDAQ: AAPL) , Caterpillar (NYSE: CAT) , Charles Schwab (NYSE: SCHW) , Kinder Morgan (NYSE: KMI) , a

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Renovus adds healthcare Principal

Private Equity Wire

Renovus Capital Partners, a private equity firm specialising in the knowledge and talent industries, has appointed Gary Tang as Principal to focus on expanding the firm’s healthcare services investment vertical. Tang was most recently Vice President at Chicago Pacific Founders, where he oversaw numerous investments. Prior to this, he was a senior associate at Norwest Venture Partners, according to his LinkedIn profile.

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Should You Buy Nvidia Before the June 7 Stock Split?

The Motley Fool

Nvidia (NASDAQ: NVDA) dominates the artificial intelligence (AI) chip market, and this has helped earnings to climb in the triple digits in recent years. AI may be the hottest investment theme right now, and this could continue. After all, analysts say the AI market could be worth more than $1 trillion by the end of the decade. So it's no surprise that Nvidia shares have skyrocketed, advancing 600% over the past three years.

Prospects 246
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Lightrock eyes publicly traded investments with new fund strategy

AltAssets

Lightrock, a PE firm backed by the Liechtenstein Royal Family, has revealed its plans to move into publicly traded investments, according to Bloomberg. The move into publicly traded investments will see the birth of a new strategy by Lightrock into global small-cap stocks. Lightrock plans to put money in traded businesses that have a market […] The post Lightrock eyes publicly traded investments with new fund strategy first appeared on AltAssets Private Equity News.

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Is Archer Aviation Stock About to Take Flight?

The Motley Fool

Archer Aviation (NYSE: ACHR) stands at the forefront of the aviation industry's transformation, pioneering the development of electric vertical takeoff and landing (eVTOL) aircraft. This innovative company is steering a course through a rapidly evolving market with a business model that promises to redefine urban air mobility. With a strategic blend of direct sales and a rideshare platform, Archer is poised to capture significant market share in the burgeoning eVTOL industry.

Prospects 246