Tue.Jun 25, 2024

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3 High-Yield Dividend Stocks to Buy Now for a Lifetime of Passive Income

The Motley Fool

If you're looking to pump up your passive income stream, there are a handful of high-yield dividend stocks that deserve your attention. AbbVie (NYSE: ABBV) , Ares Capital (NASDAQ: ARCC) , and Realty Income (NYSE: O) have what it takes to deliver heaps of dividend payments to your portfolio in the years ahead. Whether you're interested in a high yield up front, rapid payout growth, or a little of both, these dividend payers have what it takes to deliver heaps of cash over the long run.

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Mill Point Forms Horticultural Products Platform

Private Equity Professional

Mill Point Capital has formed CREO Group to consolidate its investments in Nursery Supplies Inc. and to provide a platform for further investments in the horticultural sector. Nursery Supplies was founded in 1966 and was the country’s first producer of plastic containers specifically for the nursery industry. The business was acquired by Lincolnshire Management in 2005 and was merged in 2013 with Summit Plastic , a custom-printed greenhouse container supplier which Lincolnshire had acquired in 2

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It's Not Too Late to Buy Carnival Stock

The Motley Fool

Shares of Carnival Corp. (NYSE: CCL) opened higher on Tuesday after the company posted better-than-expected financial results. The beat on both ends of the income statement shouldn't really come as a surprise. Revenue rising 18% to $5.78 billion -- ahead of the 16% increase that it initially targeted -- isn't a shock, even if it did fall short of analyst targets last time out.

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Charlesbank Beats Hard Cap on Second Technologies Fund

Private Equity Professional

Charlesbank Capital Partners has closed Charlesbank Technology Opportunities Fund II LP (TOF II) above its hard cap with $1.275 billion of commitments. The new fund had an original target of $1.1 billion and an original hard cap of $1.2 billion. Limited partners in TOF II include public and corporate pensions, endowments, foundations, financial institutions, fund of funds, asset managers and family offices, as well as high-net-worth individuals.

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You'll Never Guess the Average Social Security Benefit at 62, 67, and 70

The Motley Fool

How much income does Social Security provide exactly? The answer to this question is more complicated than you'd expect, because so many factors impact the benefits you receive. These include things like how long you worked, earnings over your career, and when you claimed Social Security. Still, you need to have some idea of what retirement benefits can do for the typical senior -- especially since you may be shocked when you find out the truth about how far the money goes.

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H.I.G. Closes Buy of Health-E Commerce

Private Equity Professional

H.I.G. Capital has acquired Health-E Commerce , an online retailer of products and services that are flexible spending account (FSA) and health savings account (HSA) eligible. Health-E Commerce (HEC) sells more than 2,500 FSA and HSA eligible products through its two online stores – FSA Store and HSA Store – that serve more than 70 million consumers that are enrolled in pre-tax health and wellness accounts.

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Advent Sells CAES Systems to Honeywell for $1.9 Billion

Private Equity Professional

Advent International has agreed to sell CAES Systems to publicly traded Honeywell in an all-cash transaction valued at $1.9 billion. CAES is a provider of advanced electronics components including antenna systems and communication networks used by aerospace and defense companies with specific applications in missile defense radars and electronic warfare systems.

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Don't Be Surprised by These 3 Social Security Changes Coming in 2025

The Motley Fool

Next year, some changes are happening to Social Security. They could affect both current retirees as well as people who are working now and paying into the benefits system. It's helpful to know what these changes are so you'll be prepared for them. Here are three things to expect in 2025. Image source: Getty Images. 1. Retirees will get a raise One big change affecting current seniors is their cost-of-living adjustment (COLA).

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Bright Machines Raises $126M in Series C Funding

FinSMEs

Bright Machines, a San Francisco, CA-based company which specializes in intelligent, software-defined manufacturing, raised $126M in Series C funding. The round, which brought the total amount to over $400M, consisted of $106M BlackRock with participation from NVIDIA, Microsoft, Eclipse, Jabil and Shinhan Securities, and $20M in venture debt from J.P.

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This Is An Important Week For Nvidia and Semiconductor Investors

The Motley Fool

In this video, I will cover the recent updates regarding Micron Technology (NASDAQ: MU) , what to expect from the upcoming earnings report, and why this is important for Nvidia (NASDAQ: NVDA) and other semiconductor stock investors. *Stock prices used were from the trading day of June 24, 2024. The video was published on June 25, 2024. Should you invest $1,000 in Micron Technology right now?

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Compredict Raises $15M in Series B Funding

FinSMEs

Compredict, a Darmstadt, Germany-based company which specializes in AI-powered solutions for software-defined vehicles, raised $15M in Series B funding. The round was led by Woven Capital, Toyota’s growth fund, with participation from existing investor Shift4Good. The company intends to use the funds to expand its global footprint, diversify its product offerings, and enhance large-scale deployment capabilities. […] The post Compredict Raises $15M in Series B Funding appeared first o

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Better Growth Stock: Aurora Cannabis or Tilray Brands?

The Motley Fool

Marijuana has been one of the most disappointing equity investments of all time. Most cannabis stocks have lost the majority of their value over the past five years due to a litany of trials and tribulations, such as the slow pace of legalization in the U.S., burdensome tax regimes, and supply chain mismanagement by several of the major operators. Still, most experts believe cannabis will eventually become legally permissible and broadly accessible for adults in key geographies like the E.U. and

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Upword Completes $3M Pre-Seed Funding

FinSMEs

Upword, a Santa Monica, CA-based emerging knowledge management solutions provider, raised $3M in Pre-Seed funding. Backers included Telefonica (Wayra X), Go Ahead Ventures, and Goodwater Capital. The company intends to use the funds for further development of the new product as well as expansion into additional markets. Led by CEO and Founder Roee Barak, Upword […] The post Upword Completes $3M Pre-Seed Funding appeared first on FinSMEs.

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1 Super Stock Down 93% to Buy Before the Fed Cuts Interest Rates

The Motley Fool

In June 2022, the Consumer Price Index (CPI) measure of inflation hit an annualized rate of 9.1%, which was the highest level in 40 years, and far above the U.S. Federal Reserve's target of 2%. To bring it down, the Fed aggressively hiked the federal funds rate from a historic low of 0.25% all the way to 5.50%. The housing market has been a big casualty of that policy shift.

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Allora Labs Closes Funding Round; Brings Total Funding to $35M

FinSMEs

Allora Labs, a NYC-based provider of a self-improving decentralized AI network, closed a strategic funding round. The round brought the total amount to $35M. Backers to date include Polychain, Framework Ventures, CoinFund, Blockchain Capital, Archetype, Slow Ventures, Mechanism Capital, Delphi Digital, among others. The company intends to use the funds to bring on further strategic […] The post Allora Labs Closes Funding Round; Brings Total Funding to $35M appeared first on FinSMEs.

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1 Supercharged Vanguard Index Fund to Buy Before It Soars 174%, According to a Wall Street Analyst

The Motley Fool

The S&P 500 (SNPINDEX: ^GSPC) tumbled as much as 25% in 2022 as runaway inflation and rising interest rates weighed on the stock market. Against that backdrop, Tom Lee of Fundstrat Global Advisors turned heads when he predicted the index would rally 24% in 2023 despite the growing risk of recession. Lo and behold, his estimate was the most accurate on Wall Street.

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Etched Raises $120M in Funding

FinSMEs

Etched, the Cupertino, CA-based creator of Sohu, a transformer-specialized AI chip, raised $120M in funding. The round was led by Primary Venture Partners and Positive Sum Ventures, with participation from Hummingbird, Fundomo, Fontinalis, Lightscape, Earthshot, Two Sigma, Oceans Venture, Skybox Data Centers, and angels like Peter Thiel and Amjad Masad.

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Billionaires Just Poured About $67 Billion Into These 5 Artificial Intelligence (AI) Stocks

The Motley Fool

Artificial intelligence (AI) has the power to revolutionize our lives -- at least if big tech is to be believed. Plenty of products already hit the market, like ChatGPT, and while they have made a splash, the technology's true impact has yet to be felt. That promise of more to come is driving incredible growth for companies involved in AI. Top fund managers are snapping up shares of these businesses as they try to capture as much value from the technology's explosive growth as possible.

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TwoStep Therapeutics Raises $6.5M in Seed Funding

FinSMEs

TwoStep Therapeutics, a Palo Alto, CA-based biotechnology company developing new targeted therapeutics for solid tumors, raised $6.5m in seed funding. The round was led by NFX, with participation from other investors including 2048 Ventures, Alexandria Venture Investments, Cooley’s affiliated fund GC&H Investments, and the family office of the founder of Arcadia Investment Partners.

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3 No-Brainer Billionaire-Owned Stocks to Buy Right Now

The Motley Fool

When choosing stocks, investors sometimes like to follow the example of billionaires -- often despite not knowing the motivations behind such holdings. But these investment titans may have purchased shares at a lower valuation. In other cases, they might be sitting on years of dividend gains that are less meaningful to an investor today. Ultimately, billionaires have their own reasons for buying and holding specific stocks.

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Bull Market Headlines

A Wealth of Common Sense

Here’s a headline you only see during a bull market: This is from the article: “It’s a new way of making money,” Nova told Fortune. “New possibilities for people: that you don’t have to, in this day and age, work as hard. Work smarter, not harder.” Following the stars has worked out for Nova. She quit her job as a tarot reader and astrology consultant this year to day-trade, fin.

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Is AGNC Investment a Millionaire Maker?

The Motley Fool

Investors have a bad habit of getting fixated on key statistics when examining stocks, often using one simple metric when a multivariate approach would be better. For example, AGNC Investment's (NASDAQ: AGNC) huge 14%-plus dividend yield might make income investors think they found a millionaire-maker stock. But digging in just a little will show that this isn't likely to be the case.

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AltAssets - Untitled Article

AltAssets

The private investment arm of $50bn wealth management and multi-family office platform Cresset Capital has passed $500m of AUM for its flagship private credit portfolio. The post first appeared on AltAssets Private Equity News.

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Here's How Nvidia Can Make You Money With Less Risk

The Motley Fool

Nvidia (NASDAQ: NVDA) has been a huge moneymaker for many investors in recent years. If you bought $10,000 of the graphics processing unit (GPU) maker's shares five years ago and didn't sell, you'd now have more than $333,000. If you invested the same amount 10 years ago, you'd have roughly $2.7 million. However, Nvidia's share price has skyrocketed so much that some are nervous.

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Trive Capital pulls in more than $1.6bn towards fifth flagship fundraise

AltAssets

Trive Capital has passed the $1.6bn mark for its fifth flagship fund, which has its sights on up to $2.5bn at final close. The post Trive Capital pulls in more than $1.6bn towards fifth flagship fundraise first appeared on AltAssets Private Equity News.

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Alphabet, Meta, and Nvidia: 3 Tech Stocks Beloved by Billionaires

The Motley Fool

It's hard to get broad agreement on much these days, as I'm sure we all see heading into election season. But one area of agreement, at least among billionaire hedge fund managers, is that investing in big tech stocks like Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) , Meta Platforms (NASDAQ: META) , and Nvidia (NASDAQ: NVDA) is wise. It's been lucrative lately, with Nvidia leading the way, as shown below.

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Slushy Closes $10.2M Seed Funding

FinSMEs

Slushy, a Miami, FL-based provider of an adult content platform, raised $10.2M in Seed funding. Backers included Mantis VC, Electric Feel Ventures, Jon Oringer, Sean Rad, Edison Chen and Brooklyn Johnny. The company intends to use the funds to expand operations and its development efforts. Founded in 2020 by David Gross and Fred Spivock, Slushy […] The post Slushy Closes $10.2M Seed Funding appeared first on FinSMEs.

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Zyn Shortage: 1 Ultra-High-Yield Dividend Stock That Should Benefit

The Motley Fool

There have been news reports in recent weeks about a Zyn shortage across the United States. Phillip Morris International has been unable to keep up with demand for the popular nicotine pouches as consumers increasingly look for alternatives to smoking cigarettes. The Zyn brand holds a dominant position in the nascent nicotine pouch category, with an estimated 75% volume share in the United States.

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KKR Europe veteran Huth retires as partner after almost 25 years at firm

AltAssets

Johannes Huth, one of the key executives involved in building out KKR's European operations over the past quarter of a century, has announced he is retiring as an active partner at the firm. The post KKR Europe veteran Huth retires as partner after almost 25 years at firm first appeared on AltAssets Private Equity News.

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You Might Not Realize What Happens When You Spend More Than $10,000 on Your Credit Card

The Motley Fool

Image source: The Motley Fool/Upsplash Credit cards are a double-edged sword. They have the potential to improve your finances by allowing you to easily build credit and earn rewards on your spending, but they can also tempt you into debt that is difficult to get rid of, thanks to high APRs. According to the Federal Reserve Bank of St. Louis, the average rate for credit cards that charged interest was 22.63%, as of February 2024 -- ouch!

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Deskpro Raises $25M in Series A Funding

FinSMEs

Deskpro, an Austin, TX-based company developing flexible help desk software, raised $25M in Series A funding. The round was led by Elsewhere Partners. The company intends to use the funds to strengthen its customer experience team, expand its AI-powered help desk solutions and further penetrate key markets, with a focus on expansion in the United States.

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5 Things I Hate About Costco

The Motley Fool

Image source: Getty Images As someone who not only shops at Costco weekly but also writes about the store often, my love affair with Costco is pretty obvious. I've even been known to visit Costco stores while on vacation just to check out the inventory and see what other locations look like. But while I'm definitely a huge fan of Costco, some aspects of shopping there really get under my skin.

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The $40.5bn-managing TMRS pension has committed to new Chorus Capital, SDC Capital fundraises

AltAssets

The Texas Municipal Retirement System has picked out fundraises from Chorus Capital and SDC Capital Partners among its latest $445m of alternative assets commitments. The post The $40.5bn-managing TMRS pension has committed to new Chorus Capital, SDC Capital fundraises first appeared on AltAssets Private Equity News.

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The Stock Market Looks Like It's About to Drop. Here's Why I'm Still Buying.

The Motley Fool

News flash: The stock market is in trouble. That might seem hard to believe, with the stock market making record highs. Yet below the surface, I'm convinced that trouble is brewing. For instance, the S&P 500 is up about 15% this year, but about 40% of its components are down year to date. In other words, big winners like Nvidia and Broadcom are carrying the index higher, even after accounting for many big losers like Intel and Lululemon.