Wed.Jul 03, 2024

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Knowing These 3 Things About Medicare Now Could Make Your Retirement Much Smoother

The Motley Fool

Many people find that their expenses go down in retirement. And that makes sense. Mortgages are often paid off, cars are often loan-free, and commuting costs don't come into play. But if there's one expense that tends to rise during retirement, it's healthcare. And that's in spite of the fact that retirees are commonly eligible for coverage under Medicare.

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Vida Raises $3M in Seed Funding

FinSMEs

Vida, an Austin, TX-based provider of carrier-grade AI voice agents for small and medium-sized businesses (SMBs), raised $3M in Seed funding. The round was led by Stillmark. The company intends to use the funds to accelerate the deployment of its innovative AI voice solutions. Led by CEO Lyle Pratt, Vida is a provider of enterprise-grade AI […] The post Vida Raises $3M in Seed Funding appeared first on FinSMEs.

Funds 117
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Chipotle Just Split Its Stock. 3 Things to Know Before You Buy or Sell.

The Motley Fool

Chipotle Mexican Grill (NYSE: CMG) recently joined the growing list of top companies to announce or complete stock splits. The fast-casual chain executed its operation late last month, and shares began trading at their post-split price on June 26. This represented a major move for Chipotle, as it marked the company's first-ever stock split -- and the 50-for-1 operation was one of the biggest in New York Stock Exchange history.

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Sensorita Raises $3.25M in Seed Funding

FinSMEs

Sensorita, an Oslo, Norway-based trash tech company, raised $3.25M in Seed funding. The round was led by Brick & Mortar Ventures and participation from Telenor. The comapny intends to use the funds to further enhance its technological offerings. Led by CEO Ulrikke Lien, Sensorita aims to empower the waste industry. By leveraging AI-driven digital twin […] The post Sensorita Raises $3.25M in Seed Funding appeared first on FinSMEs.

Funds 117
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How This Chip Company Outperformed Nvidia in the First Half

The Motley Fool

The artificial intelligence (AI) revolution is in full swing, and the big winner of that revolution is Nvidia (NASDAQ: NVDA). Well, maybe it's the second-biggest. Nvidia is no doubt the most-in-focus company in the world right now. Its GPUs are in hyper-demand as companies race to deploy AI. Certainly, Nvidia has been the biggest winner of the popular " Magnificent Seven " stocks.

Companies 246
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Tembo Raises $14M in Series A Funding

FinSMEs

Tembo, a Cincinnati, OH-based provider of a Postgres managed service for organizations to handle open-source database for transactional, analytical and AI workloads, raised $14M in Series A funding. The round was led by GreatPoint Ventures with participation from Venrock, Grand Ventures, Wireframe Ventures, Defined Capital, Cintrifuse Capital, and angels.

Funds 113

More Trending

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How collaboration and creativity come together in OTPP’s new offices

Top 1000 Funds

OTPP has re-imagined the office with its new downtown Toronto headquarters. George Konidis explains how the premises will help attract top talent and support a new kind of working and collaboration.

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1 Top Cryptocurrency to Buy Before It Soars 13,000%, According to Michael Saylor of MicroStrategy

The Motley Fool

The meteoric rise of Bitcoin (CRYPTO: BTC) could be far from over, according to Michael Saylor, the executive chairman and co-founder of MicroStrategy (NASDAQ: MSTR). At the Bitcoin Prague event in June, Saylor predicted that Bitcoin could eventually hit a value of $8 million per coin. Given Bitcoin's current price of roughly $60,000, that would imply a more than 13,000% return on investment.

Debt 246
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HitecVision picks up LACERA Capital for second New Energy Fund following sharp pivot from fossil fuels

AltAssets

HitecVision, a veteran oil and gas investor for more than 30 years, is continuing to haul in capital targeting energy transition deals following its sharp pivot away from fossil fuels two years ago. The post HitecVision picks up LACERA Capital for second New Energy Fund following sharp pivot from fossil fuels first appeared on AltAssets Private Equity News.

Capital 95
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What Nvidia Stock Investors Should Know About Recent Artificial Intelligence (AI) Updates

The Motley Fool

In today's video, I discuss recent updates impacting 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 market prices of July 1, 2024. The video was published on July 1, 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 buy now… an

Investors 246
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Pemberton holds first close of NAV strategy at over $1bn

Private Equity Wire

European private credit manager Pemberton Asset Management has held the first close of its new NAV strategic financing strategy at over $1bn of investible capital. The strategy, which provides financing solutions to private equity firms, secured investment from Abu Dhabi Investment Authority as anchor investor, Legal & General and others. According to a press statement, NAV strategic financing “capitalises on the growth of the private equity fund finance market to provide non-dilutive

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Here's the Biggest Social Security Benefit Possible for Retirees at Ages 62, 66, 67, and 70

The Motley Fool

Analytics company Gallup asked retired Americans the following question in an annual survey: "How much do you rely on Social Security today -- is it a major source of income, a minor source of income, or not a source at all?" In 2024, 60% of retirees classified benefits as a major source of income, and 28% classified benefits as a minor source of income.

Taxes 246
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Lone Star closes smallest flagship opportunity fund in over a decade on $5.3bn

AltAssets

Veteran private equity investor Lone Star has raised about $5.3bn for its twelfth opportunity fund - its smallest fundraise in the strategy since 2013. The post Lone Star closes smallest flagship opportunity fund in over a decade on $5.3bn first appeared on AltAssets Private Equity News.

Funds 88
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Microsoft's AI PC Snub Won't Hurt Intel

The Motley Fool

The PC market got a shakeup last month when Microsoft threw its weight behind Qualcomm and its new Arm -based CPUs to sell the idea of the artificial intelligence (AI) PC to consumers. Microsoft's own Surface devices, as well as an array of laptops from the major PC OEMs, are powered by the new chips. At the moment, Qualcomm's Snapdragon X processors are the only PC CPUs available with enough AI horsepower to meet Microsoft's Copilot+ PC requirement.

Returns 246
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The Illinois Police Officers’ Pension Investment Fund names deputy CIO

Private Equity Wire

The Illinois Police Officers’ Pension Investment Fund has appointed Greg Turk as deputy chief investment officer, reporting to CIO Kent Custer. His initial focus at IPOPIF will be to oversee the planning and implementation of private market investments. Turk joined IPOPIF from family office NG4 Capital, where he was chief investment officer and advised on the firm’s private capital investments.

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1 New Required Minimum Distribution (RMD) Rule That Makes Roth 401(k)s More Attractive in 2024

The Motley Fool

Choosing the best mix of accounts to house your retirement funds can be challenging. You have individual retirement accounts, such as Roth and traditional IRAs, and employer-sponsored retirement plans like a 401(k) and 403(b). Also, about 90% of employers now offer Roth savings options within their 401(k) plans, according to a 2022 survey, adding another wrinkle to retirement planning.

Taxes 246
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Paramount in exclusive talks to sell BET Network in $1.6bn PE-backed deal

Private Equity Wire

Paramount Global is in exclusive negotiations to sell its Black Entertainment Television (BET) network to an investor group led by BET CEO Scott Mills and Chinh Chu, head of the New York-based private equity firm CC Capital, according to a report by Bloomberg. The report cites unnamed sources familiar with the matter as revealing that the proposed deal is valued between $1.6bn and $1.7bn.

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Cancel Your Costco Membership This Minute if These 3 Things Apply to You

The Motley Fool

Image source: Getty Images Shopping at Costco could save you a lot of money on things like groceries and household essentials. You might also save money on the items you don't buy every week, whether it's electronics, apparel, or even a vacation you book. So if you're getting great value out of Costco, then it makes sense to keep paying the $60 a year for a basic membership or $120 a year for an Executive one.

Debt 246
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From Spreadsheets to Yoga Mats: How to Slow Down, Find Inner Peace, and Recharge with Shannon Warwick

Steve Sanduski

Guest: Shannon Warwick , Certified Personal Trainer, Yoga Teacher, & Sports Nutritionist. In a Nutshell: There’s a profound connection between our physical health and the stress that we carry around with us every day. Today’s show is a bit different from my usual focus on financial advisor practice management. Shannon and I dive deep into the topic of reducing stress in our lives – something that I believe is crucial for everyone, regardless of their profession or backgrou

Investing 105
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3 Reasons to Cancel Your Costco Membership in July 2024

The Motley Fool

Image source: Getty Images As someone who shops at Costco weekly, I can't imagine giving up my membership. Doing so could easily cost me hundreds of dollars a year in lost savings on groceries and household essentials like cleaning products and paper goods. But you may be in a much different boat. And if these situations apply to you, then it may be time to part ways with Costco this July. 1.

Financing 246
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Animal Spirits: Living Paycheck-to-Paycheck

A Wealth of Common Sense

Today’s Animal Spirits is brought to you by YCharts and CME Group: See here for 20% off (new customers only) and for more info on the tearsheet builder See here for more information on CME Group’s valuable educational materials and trading tools and learn more about what adding futures can do for you. On today’s show, we discuss: American stocks are consuming global markets JPM Guide to the Markets 6%.

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1 Magnificent Dividend Stock Down 33% to Buy and Hold Forever

The Motley Fool

Shares of Global Industrial (NYSE: GIC) have gotten off to a rough start so far in 2024, with the company's share price sliding 33% from its 52-week highs. The New York-based company distributes maintenance, repair, and operations (MRO) products to a diversified base of over 400,000 industrial customers -- many of them small and medium-size businesses (SMBs).

Debt 245
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Germany vetoes sale of sensitive turbine unit to Chinese group

Financial Times M&A

Blocking of MAN Energy’s proposed deal reflects Berlin’s more security-conscious relations with Beijing

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This Is What a Top Cannabis Executive Thinks Is Going to Happen in the Industry in the Next 10 to 15 Years

The Motley Fool

Investors aren't all that thrilled with cannabis stocks, and it's understandable. Despite all the hype around legalization, there simply hasn't been any substantial progress to have investors believe that significant reform (beyond just rescheduling cannabis as a less dangerous illegal drug) is around the corner. And many marijuana producers are struggling because of the federal ban on pot.

Legal 245
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The lucrative business of cleaning up ‘forever chemicals’

Financial Times: Moral Money

Government efforts to reduce harmful compounds could boost profits for water utilities and their investors

Investors 100
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3 Hypergrowth Stocks to Buy in 2024 and Beyond

The Motley Fool

Many hypergrowth stocks soared in 2021 as stimulus checks, social media buzz, and commission-free trading apps brought in legions of new investors. But over the following two years, many of those stocks crumbled as rising rates compressed their valuations, highlighted their losses, and drove investors toward more conservative investments. But today, many of those hypergrowth stocks look reasonably valued relative to their growth.

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Kvantify Raises EUR 10M in Seed Funding

FinSMEs

Kvantify, a Copenhagen, Denmark-based quantum software startup, raised EUR 10M in seed funding. The round was led by Dreamcraft, together with biotech investor Lundbeckfonden BioCapital and the private investment company 2degrees. Other investors included international sector-focused tech investor Redstone VC, Danish lead quantum VC 2xN as well as EIFO.

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The 9 Best Growth Stocks to Buy Now in July (2024)

The Motley Fool

Fool.com contributor Parkev Tatevosian highlights his top growth stocks to buy now in July. *Stock prices used were the afternoon prices of June 30, 2024. The video was published on July 2, 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 buy now… and Nvidia wasn’t one of them.

Returns 243
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Amethyst Radiotherapy Secures €300M in Financing from Ares Management

FinSMEs

Amethyst Radiotherapy Group, an Amsterdam, The Netherlands-based oncology company, secured a €300m financing agreement with Credit funds managed by Ares Management Corporation, a global alternative investment manager. This investment positions Amethyst as a leading player in the European oncology sector, as it continues to accelerate its expansion. By broadening its footprint, the company aims to […] The post Amethyst Radiotherapy Secures €300M in Financing from Ares Management appeared fi

Finance 67
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Where Will Amazon Stock Be in 5 Years?

The Motley Fool

If the last few years have anything to teach us, it's to never bet against America's big tech. With shares up 104% over the previous five years, Amazon (NASDAQ: AMZN) has navigated both the COVID-19 pandemic and the 2022 inflation crisis while keeping shareholder value intact (although it was a bumpy ride). Let's explore what the next half-decade could have in store for the diversified technology conglomerate.

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Cooby Secures US$1.75M in Seed Funding

FinSMEs

Cooby, a Taipei, Taiwan-based provider of a WhatsApp sales platform, raised US$1.75M in Seed funding. The round, which brought the total amount to US$4.75M, was led by Shilling VC, along with existing investors Peak XV’s Surge and Pear VC. The company intends to use the funds to further enhance customer engagement for sales teams. Founded […] The post Cooby Secures US$1.75M in Seed Funding appeared first on FinSMEs.

Funds 67
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3 Reasons to Buy Apple Stock Like There's No Tomorrow

The Motley Fool

Shares of Apple (NASDAQ: AAPL) have trickled up 15% year to date, lower than rivals like Microsoft and Amazon, and roughly matching the rest of the market. The company has hit some roadblocks during the past year, faced with the aftermath of an economic downturn in 2022, declines in product sales, and missing out on the initial boom in artificial intelligence (AI).

Returns 241
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Nycrypto Labs Raises $800K in Pre-Seed Funding

FinSMEs

Nycrypto Labs, a NYC-based blockchain development hub dedicated to simplifying the transition from Web2 to Web3, raised $800K in Pre-Seed funding. The round was led by DNA Fund, with participation from Michael Terpin’s Transform Ventures and a host of angel investors. The company intends to use the funds to accelerate the launch of its flagship […] The post Nycrypto Labs Raises $800K in Pre-Seed Funding appeared first on FinSMEs.

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The Nasdaq is Up 20% Halfway Through 2024. Here's What History Says Could Happen in the Second Half.

The Motley Fool

This year has been impressive for two of the U.S. stock market's top three indexes. The S&P 500 is up over 15%, but the Nasdaq Composite is leading the charge, up over 20%. Following the Nasdaq's first-half run, investors have been both optimistic and skeptical. Some think the index will continue its run, and others believe it's due for a pullback at some point this year.