This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Cathie Wood is the head of Ark Investment Management, which operates 14 exchange-traded funds (ETFs) focused on technological innovations. They include everything from artificial intelligence (AI) to electric vehicles to cryptocurrency. Ark is extremely bullish on the world's largest cryptocurrency, Bitcoin (CRYPTO: BTC). The firm's official research implies the coin could deliver a gain of 2,000% by 2030, but Wood herself just came out with a new price target that points to a potential upside o
I got a new credit card this week. What can I say? I’m a sucker for a good sign-up bonus and the free bags on American flights will basically pay for the annual fee. A new card always comes with a lot of paperwork. They have all sorts of numbers to run by you, along with plenty of fine print. As a personal finance junkie, I always like to thumb through this stuff.
For a majority of retirees, Social Security provides an indispensable source of income. A recent update from the Center on Budget and Policy Priorities found that the guaranteed monthly payouts provided by America's top retirement program pull 22.7 million people above the federal poverty line each year, 16.5 million of which are aged 65 and over. Furthermore, 22 years of annual surveys by national pollster Gallup have shown that 80% to 90% of retirees consistently rely on their monthly Social S
Mid-market private equity firm Montagu Private Equity (Montagu) has agreed a deal to acquire Johnson Matthey’s (JM) Medical Device Components business (MDC) for a cash consideration of $700m (£550m) on a cash-free, debt-free basis. The MDC business produces components for medical device manufacturers globally with a focus on precious metal alloys and nitinol, serving a global customer base from manufacturing sites in the USA (San Diego), Mexico (Mexicali), and Australia (Tullamarine).
Image source: Getty Images Finding a good deal at the pump is more important than ever to many Americans as they grapple with stubborn inflation. And in California, even Costco members may feel pain at the pump. The average price of Costco gas from three California locations (Los Angeles, San Francisco, and San Diego) is about $4.45 per gallon, compared to $3.46 nationally.
Centene said on Monday it will sell British hospital operator Circle Health Group to United Arab Emirates-based PureHealth for about $1.2 billion including debt, as the U.S. health insurer refocuses on its core business. The acquisition will help PureHealth, which is the UAE’s largest healthcare provider, enter the UK market in a deal that it said has the potential to deliver wide-ranging benefits to the healthcare ecosystems of both countries. “These benefits include the expansion o
Walmart (NYSE: WMT) initially built its success on revolutionizing small-town retailing and its IT-driven supply chain. However, as its initial strategy ran its course, it became better known for paying low wages and squeezing suppliers than for offering a compelling retail experience. In recent years, a pivot into e-commerce and offerings such as digital advertising and subscription services seemed to improve Walmart's prospects and arguably made it a proxy for the S&P 500.
Mubadala supporting UAE’s vision to become a global leader in the life sciences sector. The acquisition of KELIX bio will reinforce the UAE’s biopharma ecosystem and increase Mubadala’s presence regionally and globally. The sold stake represents the full ownership of Development Partners International (DPI), an investment firm focused on Africa; British International Investment (BII), the UK’s development finance institution; and the European Bank for Reconstruction and Development (EBRD) in KEL
Mubadala supporting UAE’s vision to become a global leader in the life sciences sector. The acquisition of KELIX bio will reinforce the UAE’s biopharma ecosystem and increase Mubadala’s presence regionally and globally. The sold stake represents the full ownership of Development Partners International (DPI), an investment firm focused on Africa; British International Investment (BII), the UK’s development finance institution; and the European Bank for Reconstruction and Development (EBRD) in KEL
Image source: Getty Images The wealthiest 1% of Americans have gotten a lot wealthier in the past few decades, while many other Americans struggle with higher prices for groceries and car insurance. Money is power, and the richest Americans have often manipulated the public conversation about wealth in ways that serve their best interests. Let's look at a few big myths about wealth that the top 1% want you to keep believing. 1.
BLACKSTONE plans to assemble a US$25 billion portfolio of Indian private equity assets over the next five years, reflecting the South Asian country’s increasing allure to global investors. The New York-based firm also intends to add 20 investment professionals to its asset management business in India and double its office space in Nariman Point in downtown Mumbai, according to its head of private equity in Asia, Amit Dixit.
The AI bull market is here. Stocks are back at all-time highs, thanks largely to a new boom in artificial intelligence (AI). The launch of ChatGPT has set off a race to be a leader in what top CEOs and major investors think will be the next transformative technology, generative AI. Nvidia , which sells the graphics processing unit (GPU) components that are the backbone of the advanced computing systems required for AI, has been the biggest winner so far.
Amazon is spending billions more to back an artificial intelligence startup as it looks for an edge in the new technology arms race. It would spend another $2.75 billion backing Anthropic, adding to its initial $1.25 billion check. Amazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the artificial intelligence race.
Social Security is not on the verge of going bankrupt. You may have heard rumors to the contrary, but it's important not to buy into them. That said, Social Security isn't in the best place financially, either. In the coming years, the program expects to owe more in benefits than it collects in revenue. Social Security can tap its trust funds to keep up with its financial obligations for a period of time.
Private equity firms Advent International and CVC Capital are teaming up to launch a joint bid to acquire Partner in Pet Food (PPF), a European animal food brand owned by Cinven, which is seeking around €2bn for the business, according to a report by The Financial Times. The report cites people familiar with the matter as confirming the joint approach with talks between the parties said to be ongoing, There is no certainty at this stage that a deal will be reached, according to the FT’s sources.
For nearly 60 years, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett has been dazzling professional and everyday investors with outsize investment returns. Whereas the benchmark S&P 500 has gained more than 34,000%, including dividends paid, since the Oracle of Omaha became CEO, Berkshire Hathaway's Class A shares have appreciated by more than 5,000,000%.
Mayfair Capital Partners (Mayfair), the private investment division of Oxford Financial Group (Oxford) has sold outdoor furniture specialist POLYWOOD to an investor group led by Arsenal Capital Partners (Arsenal), in partnership with BayPine. Financial terms of the transaction have not been disclosed. Headquartered in Syracuse, Indiana, POLYWOOD produces high-density polyethylene (HDPE) outdoor living products including rocking and occasional chairs, benches, swings, dining sets, and deep seatin
Share prices of Micron Technology (NASDAQ: MU) took off big time following the company's fiscal 2024 second-quarter results (for the three months ended Feb. 29), which were released on March 20. The stock rose over 14% in a single session thanks to outstanding growth in revenue and earnings. Micron's metrics crushed Wall Street expectations, and its guidance was strong enough to confirm the company's turnaround has finally arrived.
Home Depot hopes to gain more professional customers who work on larger projects through the acquisition of SRS Distribution, which supplies roofers and other contractors. Home Depot announced Thursday it is buying a roofing distributor in a massive $18 billion deal that signals the home-improvement retailer’s intent to attract more business from contractors and construction companies.
Microsoft 's (NASDAQ: MSFT) stock surged nearly 1,000% over the past decade and turned it into the world's most valuable company, with a market cap of $3.2 trillion. That massive growth spurt was driven by the expansion of its mobile, cloud, and AI ecosystems under Satya Nadella, who became the company's CEO in 2014. Microsoft is still one of the market's top AI stocks , but investors are probably already looking for the next tech stock that could replicate those gains over the next decade.
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.
Nvidia 's (NASDAQ: NVDA) data center business is growing like crazy as the interest in artificial intelligence (AI) increases. But investors seem to be overlooking the biggest opportunity, no matter who wins in AI: energy. In this video, Travis Hoium shows how much AI could change energy demand and who would benefit in the long term. *Stock prices used were end-of-day prices of March 28, 2024.
TPG Inc is to cut the China investment allocation of its eighth Asia buyout fund, which is set to close with around $5bn in total capital commitments, by about 50% compared with previous funds focused on the region, according to a report by Bloomberg. The report cites an unnamed person familiar with the matter as confirming the change which will see the investment firm to put about 10% of its Asia VIII pool in China, down from around 25% of invested capital in previous funds.
The arguments for simply buying and holding a basket of blue chip stocks like those in the Dow Jones Industrial Average (DJINDICES: ^DJI) are solid to be sure. This group of stocks is inherently well diversified, for instance, in addition to being market stalwarts. Standard & Poor's also regularly updates the Dow's 30 stocks. Perhaps best of all, a long-term investment in an instrument like the SPDR Dow Jones Industrial Average ETF Trust (NYSEMKT: DIA) is simple, and it doesn't require any r
People often speak of M&A transaction valuations in multiples of EBITDA because EBITDA is a proxy for cash flow, and cash flow is the fundamental driving force of business valuation — expected future cash flow, that is.
Real estate can be a great spot to score a big-time income stream. Many real estate investment trusts (REITs) offer ultra-high dividend yields. That enables income-focused investors to generate a lot more income from every dollar they invest. Realty Income (NYSE: O) and Vici Properties (NYSE: VICI) currently offer dividend yields approaching 6%, which is several times above the S&P 500 's 1.3% dividend yield.
Stock splits often happen when a stock's price gets high enough that management feels inclined to lower it to make it more accessible to a wider pool of investors. If a stock is trading at hundreds or thousands of dollars, investors who aren't able to buy fractional shares may not be able to own the stock. But with stock splits, companies can reduce their share prices, thus making them a useful tool for that purpose.
Learn how displaying integrity in M&A deals can be more valuable than transaction details, as seen in this successful acquisition contract negotiation.
In today's video, I discuss recent updates affecting Advanced Micro Devices (NASDAQ: AMD) and Intel (NASDAQ: INTC). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of March 27, 2024. The video was published on March 29, 2024. Should you invest $1,000 in Advanced Micro Devices right now?
Float Health, a San Francisco, CA-based marketplace moving care that doesn’t need a hospital to the home, raised $10m in Series A funding. The round was led by Canvas Ventures, whose General Partner Mike Ghaffary has joined Float’s board, with participation from Wave Capital, Y Combinator, Burst Capital, and Also Capital, as well as Max Mullen, Co-founder of Instacart, Andrew Bartynski, […] The post Float Raises $10M in Series A Funding appeared first on FinSMEs.
In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of March 27, 2024. The video was published on March 27, 2024. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to b
With $51.6 billion in trailing-12-month sales and an iconic, globally recognized brand, Nike (NYSE: NKE) is certainly familiar to most investors. Its dominance in the sports apparel and footwear market is unmatched. But the industry is characterized by intense competition. Businesses are trying to satisfy the constantly changing tastes and preferences of consumers across the world.
Cyvl.ai, a Somerville, MA-based company which specializes in enterprise AI solutions for transportation infrastructure, raised $6M in funding. The round was led by Companyon Ventures, with participation from Argon Ventures, AeroX Ventures, and Alumni Ventures, and existing investors MassVentures, Launch Capital, RiverPark Ventures, Launchpad Venture Group, and Hub Angels.
Artificial intelligence (AI) is rapidly permeating all aspects of our daily lives, changing the way we work and live. With AI-driven solutions helping businesses gain a competitive edge by improving productivity and driving cost efficiencies, the technology has also emerged as a major investment theme. Investors do not need boatloads of cash to venture into AI stocks.
Kidsy, a Chicago, IL-based online retailer for baby and kids products, raised over $1M in funding. The round was led by Impellent Ventures. Other investors included Hustle Fund, Everywhere Ventures, Responsibly VC, The Fund Midwest, Jason Robins, Jenny Fleiss, Mike Salguero, Reilly Brennan and Sanuk Tandon. The company intends to use the funds to expand operations […] The post Kidsy Raises Over $1M in Funding appeared first on FinSMEs.
Investors generally want their investments to pay off for them. Dividend investors also want their investments to pay them. That payment usually comes in the form of dividends -- cash payments companies make to shareholders as a way to share profits. Collect enough dividends and you can go some way toward paying your living expenses. So how do you maximize your dividends and get the most bang for your buck?
Skyflow, a Palo Alto, CA-based data privacy vault company, raised $30M in Extended Series B funding. The round was led by Khosla Ventures with participation from Mouro Capital, Foundation Capital and Canvas Ventures. The company intends to use the funds to expand operations and its business reach. Led by CEO Anshu Sharma, Skyflow is a […] The post Skyflow Raises $30M in Extended Series B appeared first on FinSMEs.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content