Mon.Jul 15, 2024

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Tesla's Robotaxi Setback: How This Blunder Could Delay Their Autonomous Future by Years

The Motley Fool

Tesla (NASDAQ: TSLA) has delayed its robotaxi announcement until at least August as the company tries to build prototypes of a new product. But this highlights how far behind Tesla is in demonstrating robotaxi technology in the real world. In this video, Travis Hoium covers the delay and how Tesla is now behind multiple companies in a race to build an autonomous driving fleet.

Returns 246
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Alvys Raises $20.5M in Series A Funding

FinSMEs

Alvys, a Solana Beach, CA-based provider of a logistics operating platform for logistics and supply chain management, raised $20.5M in Series A funding. The round was led by Titanium Ventures (formerly Telstra Ventures), with participation from RTP, Bonfire and Picus Capital. The company intends to use the funds to accelerate its growth, further enhance the […] The post Alvys Raises $20.5M in Series A Funding appeared first on FinSMEs.

Funds 113
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Nvidia and Broadcom Have Completed Their 10-for-1 Stock Splits, but Their Outlooks Differ Dramatically Over the Next 5 Years

The Motley Fool

It's a rare time to be an investor on Wall Street. While it's perfectly normal for a next-big-thing innovation, technology, or trend to be captivating investors' attention, having two trends vying for interest at the same time doesn't happen often. Although artificial intelligence (AI) is the core catalyst that's sent the iconic Dow Jones Industrial Average , broad-based S&P 500 , and growth-focused Nasdaq Composite to record-closing highs in 2024, stock-split euphoria has played a key role,

Banks 246
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Digestiva Closes $18.4M Series A Financing

FinSMEs

Digestiva, a Davis, CA-based food biotech company, closed its Series A equity financing round, raising $18.4m. The round was led by Magdalena, with participation from UC Investments, and existing investors The March Fund and Astanor. The company’s enzyme technology platform, initially discovered by co-founder Dr. Wilson Mak, in the lab of renowned UC Davis faculty member Dr.

Financing 109
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3 Reasons I Absolutely Refuse to Count on Social Security Alone in Retirement, and What I'll Be Doing Instead

The Motley Fool

Social Security is a major source of retirement income for tens of millions of older Americans, and I'm certainly not going to be an exception. I've been paying into Social Security since I was 15 years old and should get a nice monthly benefit once I eventually decide to claim it. Having said that, just because I'm anticipating a Social Security benefit after I retire doesn't mean that I'm counting on it exclusively, or even for the majority of my income in retirement.

Taxes 246
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Jacobi Robotics Raises $5M in Seed Funding

FinSMEs

Jacobi Robotics, a Berkeley, CA-based developer of AI-powered motion planning technology, raised $5M in Seed funding. The round was led by Moxxie Ventures with participation from Foothill Ventures, Humba Ventures, The House Fund and existing investors Swift Ventures, Berkeley SkyDeck Fund, LDV Partners, and Courtyard Ventures. The company intends to use the funds to expand operations and its development efforts.

Funds 108

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Modicus Prime Raises $3.5M in Seed Funding

FinSMEs

Modicus Prime, an Austin, TX-based computer vision software provider that automates biologics image analysis, raised $3.5M in Seed funding. The round was led by Silverton Partners, with participation from Alumni Ventures and others. As part of the financing round, Silverton Partners’ Roger Chen will join the Company’s board of directors.

Funds 108
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Is Aurora Cannabis Stock a Buy?

The Motley Fool

Compared to the ailing business it was in the past, the Aurora Cannabis (NASDAQ: ACB) of today is making strategic moves, and it's also operating a lot more efficiently. With a bit more in the way of growth, it might just become a key player in the global medicinal cannabis scene. But does that make the stock worth buying today, given the industry's ongoing shakeout?

Prospects 246
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Panasonic, IBM partner with Constellation Network to debut its DoD-vetted “Blockchain of Blockchains” in Global Hackathon

FinSMEs

San Francisco, USA/California, 15th July 2024, Chainwire The post Panasonic, IBM partner with Constellation Network to debut its DoD-vetted “Blockchain of Blockchains” in Global Hackathon appeared first on FinSMEs.

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Do You Qualify for Spousal Social Security Benefits? 3 Things to Know Before Applying

The Motley Fool

Millions of Americans rely on Social Security retirement benefits to provide a financial safety net in their golden years, making it one of the country's most important social programs. It's also a well-earned reward after years of paying Social Security taxes from virtually every paycheck. Although Social Security retirement benefits are based on people's work history, not everyone has worked or earned enough to receive a substantial benefit.

Taxes 246
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UP.Partners back with sophomore fundraise, looks to collect up to $230m

AltAssets

Transportation-focused venture capital investor UP.Partners is eyeing up to $230m for its second fundraise, aiming to equal the total raised for its 2021 debut vehicle. The post UP.Partners back with sophomore fundraise, looks to collect up to $230m first appeared on AltAssets Private Equity News.

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Prediction: After Nvidia's Stock Split, These 3 Artificial Intelligence (AI) Companies Could Be Next

The Motley Fool

Stock splits seem to be all the rage. After years of the step seeing less traction, 2024 already served up a slew of high-profile splits. The biggest, no doubt, was Nvidia , the poster child of the current artificial intelligence (AI) boom. Some big names joined the split club, like the rapidly growing Broadcom. Why split a stock? It helps open the door for smaller investors who are locked out of buying shares due to a steep price tag.

Companies 246
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Canadian VC studio TandemLaunch strikes C$27m for first close of fourth fund

AltAssets

Canadian early-stage investor TandemLaunch has raised more than C$27m for the first close of its fourth fund. The post Canadian VC studio TandemLaunch strikes C$27m for first close of fourth fund first appeared on AltAssets Private Equity News.

Funds 92
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Here Is My Top Artificial Intelligence (AI) Stock to Buy Right Now

The Motley Fool

When it comes to top artificial intelligence (AI) stocks to buy now, the primary one that investors seem to gravitate toward is Nvidia. The company wisely leveraged its core competencies in gaming and graphics processing units (GPUs) to the AI field, which benefited its stock greatly as demand for AI chips soared. However, Nvidia stock has also risen to a nosebleed valuation, a factor that could set it up for a significant drop.

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VC-backed cybersecurity start-up Wiz in talks over $23bn Alphabet deal

Private Equity Wire

Google parent alphabet is looking to acquire Cybersecurity startup Wiz, which raised £1bn in funding in May at a $12bn valuation from VC firms including Andreessen Horowitz, Lightspeed Venture Partners, and Thrive Capital, for around $23bn, according to a report by the Wall Street Journal. Greylock, Wellington Management, Cyberstarts, Greenoaks, Howard Schultz, Index Ventures, Salesforce Ventures, and Sequoia Capital, also participated in the funding round, which included a secondary component e

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2 Unstoppable Growth Stocks to Buy and Hold for the Next Decade

The Motley Fool

When it comes to investing in growth stocks, a long-term mindset can be a lucrative advantage. Peering further into the future can enable you to position your portfolio for fortune-building gains. Here are two businesses with excellent long-term expansion prospects that could make you richer in the coming years. Growth stock to buy No. 1: Eli Lilly Millions of people around the world want to look and feel better.

Prospects 246
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Goldman Sachs eye $2bn for inaugural Asia-focused PE fund

Private Equity Wire

Goldman Sachs is looking to raise $2 billion for its inaugural Asia Pacific-focused private equity fund as it looks to deepen its exposure to some of the world’s fastest-growing economies, according to a report by Reuters. The report cites two unnamed individuals familiar with the bank’s fundraising efforts as confirming that Goldman Sachs Asset Management, its investment arm, has been promoting the new fund to sovereign wealth funds, pension funds, and private investors with the aim

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2 Soaring Stocks I'd Buy With No Hesitation

The Motley Fool

The U.S. stock market has been quite volatile in the past decade. Many trends, including e-commerce, cannabis, blockchain, cryptocurrency, cloud computing, and artificial intelligence (AI), have shaped the investment landscape in this time frame. However, AI is no passing trend and is rapidly changing the overall face of corporate America. With broad-reaching utility across industries, functions, and various spheres of daily life, this AI revolution's eventual impact is beyond imagination.

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IK Partners to invest in Kran og Industri Service

Private Equity Wire

IK Partners’ (IK) IK Small Cap III fund (IK SC III) is to make an investment in Kran og Industri Service (KIS), a Norwegian provider of inspection and services for cranes and lifting equipment in partnership with the company’s management and employees. Financial terms of the transaction have not been disclosed. Founded in Norway in 1987, KIS is equipment-agnostic and employs over 420 employees who serve approximately 4,600 clients, primarily in the industrials sector, who consider cr

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Is AMD Stock a Buy Now?

The Motley Fool

When it comes to investing in Advanced Micro Devices (NASDAQ: AMD) for its artificial intelligence (AI) chips, it may seem like a bad call given Nvidia 's market lead. Indeed, with Nvidia holding an estimated 80% or more of the market according to estimates, it may seem counterproductive to buy AMD stock because of its AI. However, AMD has a long history of catching up to competitors.

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Deal Roundup: Bain to buy into Envestnet at $4.5bn valuation, Nordic agrees Sensio deal

AltAssets

Bain Capital has agreed to buy into fintech business Envestnet at a $4.5bn valuation. Strategic partners BlackRock, Fidelity Investments, Franklin Templeton and State Street Global Advisors also committed to invest in the proposed transaction, and will hold minority positions on its completion. Envestnet manages over $6tn in assets and oversees nearly 20 million accounts.

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Here's What Boeing's Latest Big News Means to Investors

The Motley Fool

Boeing (NYSE: BA) investors received some good news recently when the company released its delivery data for the first half of 2024. So what exactly was that news? And what could it all mean to an investment case for the stock? Let's dive in. Boeing's delivery rates matter Sales of commercial airplanes -- particularly its narrow-body 737s -- are the most important driver of Boeing's medium-term financial aspirations.

Investors 245
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Nordea-backed Trill Impact seals debut venture capital fund close, AUM reaches more than €1.3bn

AltAssets

Nordea Asset Management-backed Trill Impact has closed its first Ventures Fund targeting improved health and climate action. The post Nordea-backed Trill Impact seals debut venture capital fund close, AUM reaches more than €1.3bn first appeared on AltAssets Private Equity News.

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2024 Is Halfway Over. Here Are My Top 5 Stock Picks to End the Year

The Motley Fool

With 2024 halfway done, many investors are assessing their portfolios to see how their picks have performed. While a six-month time span isn't enough to define success or failure in investing, it is a good chance for investors to examine their holdings to see if anything needs to be added. So, if you're looking to deploy some cash to increase your exposure in the market, starting with these five is a great idea. 1.

Returns 244
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TA Associates invests in Indian housing lender Vastu 

Private Equity Wire

US private equity firm TA Associates has made a growth investment in Indian housing finance company Vastu Housing Finance. Financial terms of the transaction have not been disclosed. Vastu was founded in 2015 and provides financing to “bankable but under-served self-employed customers”, according to a statement, in semi-urban and rural India. The company oversees around 230 branch locations in 13 states.

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7 Stocks for a Second-Half Surge

The Motley Fool

The S&P 500 had a fantastic first half of the year, but less than 25% of S&P 500 components are outperforming the index, meaning there are plenty of deals to be had. In today's video, I will dive into seven stocks I believe will have a solid second half of the year, with one of those stocks being Amazon (NASDAQ: AMZN). Check out this short video to learn more, consider subscribing to the channel, and check out the special offer in the link below.

Returns 244
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Goldman profits more than double to $3bn as deals rebound

Financial Times - Banking

US investment bank’s results were also helped by stronger performance from its equities and fixed income businesses

Investing 110
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Why Walmart Stock Jumped 29% in the First Half of 2024

The Motley Fool

Shares of retail giant Walmart (NYSE: WMT) were up 28.8% in the first half of 2024, according to data provided by S&P Global Market Intelligence. This compares to a 14.5% return for the S&P 500 during this time. Through mid-May, Walmart was only outperforming the market by a trivial amount. But after it reported financial results for its fiscal first quarter of 2025 on May 16, Walmart stock took a pronounced jump higher.

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Partners Group expands executive team 

Private Equity Wire

Global private markets investment firm Partners Group has appointed Michael Marquardt, Partner and Head of Business Services, to the firm’s executive team with responisbility for overseeing the firm’s business services platform. Marquardt, who is based in Singapore, joined Partners Group in March from global investor services group IQ-EQ, where he served as Regional CEO for Asia.

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The Best Low-Cost Vanguard ETF to Invest $1,000 in Right Now

The Motley Fool

"In order to have a really good investment result, all you need is patience." -- Sir John Templeton Everyone would love to get rich quick. After all, most of us enjoy eating the cookies far more than buying the ingredients for them at the grocery store. Yet, as it is with cookies, it is with investing. You must put in time and effort before you can sit back and enjoy the fruits of your labor.

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Meet our XYPN LIVE 2024 Exhibitors!

XY Planning Network

Today’s financial advisor doesn’t have the time to independently vet each new technology that comes onto the scene. XYPN LIVE is the conference for fee-only financial advisors where finding your people, learning from the experts, and staying ahead of the advice tech solutions game is the agenda. Wednesday, October 16th is XYPN LIVE’s unique full-day Exhibit Hall that pulls back the curtain on what other advisors are adopting, outsourcing, and leveraging in their tech stack.

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You Won't Believe What Nvidia CEO Jensen Huang Just Said

The Motley Fool

Fool.com contributor Parkev Tatevosian evaluates what the CEO's comments could mean for Nvidia (NASDAQ: NVDA) stock investors. *Stock prices used were the afternoon prices of July 11, 2024. The video was published on July 13, 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 238
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Outsourced solutions for private credit fund managers

Private Equity Wire

PARTNER CONTENT Aztec Group caters for the fund administration and structuring needs of many leading private credit fund managers. Kevin Hogan, Head of Fund Services Ireland and Group Head of Private Credit, highlights some of the current challenges facing managers and how Aztec’s expertise and investment in technology can help them meet those challenges… How is the shifting interest rate outlook affecting the private credit market?

Funds 77
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Retirees Are Returning to Work After the Latest Social Security Cost-of-Living Adjustment (COLA)

The Motley Fool

It's hardly a secret that retiring on Social Security is not an ideal situation. Those benefits will only replace about 40% of pre-retirement wages for average earners. And that doesn't account for potential benefit cuts, which may be on the table in about a decade's time as Social Security's trust funds run dry. But it's not just that Social Security benefits only provide a limited amount of replacement income.

Returns 190