Sat.Jun 08, 2024 - Fri.Jun 14, 2024

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Move Over Pepsi, There's Officially a New No. 2 Soda Behind Coca-Cola

The Motley Fool

For well over a century, The Coca-Cola Company (NYSE: KO) and Pepsico (NASDAQ: PEP) -- or the Pepsi-Cola Company as it was previously called -- have been locked in a struggle for carbonation supremacy. This struggle is sometimes called the Cola Wars. For 40 years, little has changed. That is, until now. According to The Wall Street Journal , Dr Pepper -- from beverage company Keurig Dr Pepper (NASDAQ: KDP) -- has now pulled even with Pepsi for the second spot on the carbonated beverage charts.

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Seattle Redux: Misunderstanding Seasonal Adjustments

The Big Picture

@TBPInvictus here. About a decade or so ago, the city of Seattle undertook to raise its minimum wage, over time, to $15/hour. (Massive credit to my friend Nick Hanauer for his efforts to make that happen.) What followed in the immediate aftermath of both the announcement and implementation was nothing less than a apocalyptic, collective head explosion on the right about the devastating effects the increase would have, particularly in the food services sector: However, there’s little doubt that t

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Zeta Labs Raises $2.9M Pre-Seed Funding

FinSMEs

Zeta Labs, a San Francisco, Ca-based AI research and product company, raised $2.9M in Pre-Seed funding. The round was led by Daniel Gross, former head of AI at Y Combinator, and Nat Friedman, former Github CEO, with participation from Earlybird VC and Kaya VC as well as AI Grant, Shawn (swyx) Wang, Bartek Pucek and Mati Staniszewski, founder of […] The post Zeta Labs Raises $2.9M Pre-Seed Funding appeared first on FinSMEs.

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Fixed Income Has Income Again

A Wealth of Common Sense

The bad news about the historic bond bear market is that fixed income investors were forced to deal with large losses in certain areas of the bond market. The good news is the rising rates that caused the bear market in bonds mean yields are in a much better place than they’ve been for the past 10-15 years. Fixed income has income again. In fact, investors in search of yield have all sorts of options — T-bill.

Investors 114
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1 Stock That Should Safely Outpace the S&P 500, According to Warren Buffett

The Motley Fool

One of the most common principles of investing is that you need to take on greater risk in order to earn greater rewards. However, occasionally, the market will offer investors a great price on a solid company, providing an opportunity to outpace the S&P 500 's (SNPINDEX: ^GSPC) returns without as much downside potential. Warren Buffett is excellent at spotting these opportunities.

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Debunking QSR Minimum Wage BS: A Follow Up

The Big Picture

@TBPInvictus here A few days ago, Barry and I detailed how unscrupulous bad actors had taken Not Seasonally Adjusted data to falsely claim that California’s new $20/hour minimum wage had cost the state almost 10,000 quick-serve restaurant (QSR) jobs. I wrote: It appears to me that the Journal got that number from BLS. However, BLS only offers the series without seasonal adjustment; this makes a very meaningful difference.

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The Two Types of Money People

A Wealth of Common Sense

A reader asks: I consider myself a good conservative money manager for my personal finances but recently I have been looking for a nice house that I can enjoy for years to come. I am 56 and an early retiree. I just sold my condo and now have a total of $3.6 million mostly invested in broad market ETFs except for the $450k in cash set aside for a new house.

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You Can Do Better Than the S&P 500: Buy This ETF Instead

The Motley Fool

It's not easy to beat the market. Only 8% of active large-cap fund managers have outperformed the S&P 500 over the last 15 years. Those who simply invested in an S&P 500 index fund, therefore, beat 92% of professional money managers. If you want to invest successfully, one of your best options is to stick with the S&P 500. But what if you want even more growth?

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LP sentiment to private markets remains strong, says Coller

Private Equity Wire

The vast majority of limited partners are expecting to either increase or maintain their allocations to private markets investments over the next year, according to Coller Capital’s semi-annual Global Private Capital Barometer. The 40th edition of the barometer, which captured the views of 110 private capital investors from around the world who oversee a combined $2.1tn in assets, revealed that around one in three (31%) expect to increase their target allocation to alternative assets in th

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Continuity Raises €10M in Series A Funding

FinSMEs

Continuity, a Paris, France-based provider of an AI-powered risk detection platform for professional and commercial insurers, raised €10M in Series A funding. The round was led by 115K with participation from Elaia and Bpifrance. The company intends to use the funds to expand operations and its development efforts. Led by Benoît Pastorelli, CEO, Continuity provides […] The post Continuity Raises €10M in Series A Funding appeared first on FinSMEs.

Funds 117
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Not Getting Rich Fast Enough

A Wealth of Common Sense

The plural of anecdote is not data. You can’t extrapolate your individual experience or the experiences of your family, friends and peers to the broader economy, markets, political climate, etc. Just because the dumbest person you know is going all-in on Nvidia does not mean the stock market is going to collapse tomorrow. That’s not how any of this works.

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3 Artificial Intelligence (AI) Stocks That Could Go Parabolic

The Motley Fool

Nvidia has been the talk of the town since generative artificial intelligence (AI) burst onto the scene last year with the advent of OpenAI's ChatGPT. Since then, nearly every tech titan has laid down plans to develop its own version of ChatGPT or other generative AI service. But investing in Nvidia or even one of the tech giants isn't the only way to play the AI trend.

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Battle of the Bots: Comparing and Ranking Nine AI Notetaker Solutions

XY Planning Network

Unless you’ve been living under a rock in a deep cave on an uninhabited island, you’ve witnessed AI revolutionizing industries, carving new landscapes everywhere it touches—in what feels like nanoseconds. Financial planning is no exception. In this article we’re going to focus on the opportunities AI offers advisors to streamline operations and reduce costs regarding note and record-keeping.

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YourSix Raises $10.5M in Series A Funding

FinSMEs

YourSix, a St. Paul, MN-based company which specializes in cloud physical security solutions, raised $10.5M in Series A funding. The round was led by Vocap Partners and joined by Eastside Partners. The company intends to use the funds to support broader market penetration and accelerate its YourSixOS platform. Led by CEO Eric Styles, YourSix is […] The post YourSix Raises $10.5M in Series A Funding appeared first on FinSMEs.

Funds 113
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How to Be Happier at Work

A Wealth of Common Sense

There’s a lot that took place during the early days of the pandemic that still blows my mind. Schools were shut down. No sports. No one really left their house. And tens of millions of people started working from home in the biggest labor market experiment in history. Employers and employees were given no warning. There were no focus groups, training sessions or prep time.

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If You'd Invested $10,000 in General Electric (Now GE Aerospace) Stock 5 Years Ago, Here's How Much You'd Have Today

The Motley Fool

Let's not string things along here. The answer is roughly $46,000. This significant return represents an exceptional performance for investors who parked $10,000 in the former General Electric stock five years ago, coinciding with the early years of CEO Larry Culp's tenure. While the lineal heavyweight champion to GE is now GE Aerospace (NYSE: GE) , investors have also received stock in GE HealthCare Technologies (NASDAQ: GEHC) and GE Vernova (NYSE: GEV) along the way.

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Turning AI loose inside asset-owner organisations

Top 1000 Funds

The power of artificial intelligence to makes sense of huge volumes of data and produce real business gains has obvious appeal for asset owners. Working out how to apply the technology can be overwhelming, but the Fiduciary Investors Symposium heard that the most important thing is to start.

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Daisy Raises $11M in Series A Funding

FinSMEs

Daisy, a Costa Mesa, CA-based home and small business technology installation and services company, raised $11M in Series A funding. The round, which brought the total amount to $13.3M, was led by Goldcrest and Bungalow with participation from Bullish, Burst Capital, and angel investors. The company intends to use the funds to onboard new partners […] The post Daisy Raises $11M in Series A Funding appeared first on FinSMEs.

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Deal Roundup: KKR said to pay $850m for minority Quick Quack Car Wash stake, Permira lowers Golden Goose IPO expectation with €1.86bn market cap

AltAssets

KKR has made a “significant” minority investment in Quick Quack Car Wash, reported by Reuters to be around $850m. Long-time Quick Quack investor Seidler Equity Partners will continue to hold a stake in the business. The company has more than 230 express car wash locations across California, Texas, Arizona, Utah and Colorado. KKR director Sam […] The post Deal Roundup: KKR said to pay $850m for minority Quick Quack Car Wash stake, Permira lowers Golden Goose IPO expectation with

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Should You Buy Synopsys Stock Right Now?

The Motley Fool

Fool.com contributor Parkev Tatevosian answers if investors should by Synopsys (NASDAQ: SNPS) stock at current valuations. *Stock prices used were the afternoon prices of June 11, 2024. The video was published on June 13, 2024. Should you invest $1,000 in Synopsys right now? Before you buy stock in Synopsys, 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 Synopsys wasn’t one of them.

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Admaius Capital Partners acquires The Particle Group

Private Equity Wire

Admaius Capital Partners, a Rwanda-based private equity firm investing across Africa, has acquired The Particle Group, a manufacturer of certified reference materials for the metals and mining industries. Admaius is investing alongside TPG’s senior management, led by chief executive Raksha Naidoo, via a transaction that will see the company leave parent Synerlytic Group Holdings, which is owned by private equity firm Infinite Partners.

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OnSecurity Technology Raises £5.5M in Seed Funding

FinSMEs

OnSecurity Technology, a Bristol, UK-based cybersecurity company that specialises in Penetration Testing, raised £5.5M in Seed funding. Gresham House Ventures made the investment. The company intends to use the funds to support its plans for rapid growth and innovation, as well as R&D. Led by Conor O’Neill, CEO, OnSecurity is a penetration testing vendor dedicated […] The post OnSecurity Technology Raises £5.5M in Seed Funding appeared first on FinSMEs.

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Sterling Group, Inflexion among $585m of new alternatives fund commitments from Wisconsin pension

AltAssets

The $148.8bn-managing State of Wisconsin Investment Board has revealed a string of new alternative asset fund commitments. The post Sterling Group, Inflexion among $585m of new alternatives fund commitments from Wisconsin pension first appeared on AltAssets Private Equity News.

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Is It Safe to Buy Stocks With the S&P 500 at Record Highs? History Gives a Surprising Warning.

The Motley Fool

The S&P 500 (SNPINDEX: ^GSPC) has returned 14% year to date, rocketing through more than two dozen record highs in the process. The index peaked most recently on Wednesday, June 12 following better-than-expected inflation data from May. To elaborate, the Consumer Price Index (CPI) climbed 3.3% during the 12-month period that ended in May, slightly below the 3.4% analysts anticipated.

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Faegre Drinker appoints funds partner in London

Private Equity Wire

Faegre Drinker has appointed Michelle Moran as a partner in the law firm’s investment management group in London. Her practice covers all aspects of fund management, including UCITS, hedge funds, private funds and credit funds. Moran previously led the London asset management and investment funds practice at an international law firm. Moran is an advisor to European and American clients on establishing, authorising, managing and distributing retail and institutional investment funds in the

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Astrocade AI Raises $12M in Seed Funding

FinSMEs

Astrocade AI, a San Francisco, CA-based provider of an AI-powered social gaming platform, raised $12M in Seed funding. Backers included AME Cloud Ventures, NVIDIA Ventures, Venture Reality Fund, Eric Schmidt, Niccolo De Masi, John Riccitiello, David Baszucki, Jerry Yang, Mike Abbott, and more. The company intends to use the funds to expand operations and its […] The post Astrocade AI Raises $12M in Seed Funding appeared first on FinSMEs.

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Former ING arm Parquest raises €414m for above-target close of third independent fund

AltAssets

Mid-market French private equity house Parquest has rasied more than €410m for the final close of its third flagship fund since spinning out of ING Group in 2014. The post Former ING arm Parquest raises €414m for above-target close of third independent fund first appeared on AltAssets Private Equity News.

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1 Magnificent AI Stock Set to Soar 1,366%, According to Cathie Wood's Ark Invest

The Motley Fool

Ark Investment Management operates eight exchange-traded funds (ETFs) that invest in technology stocks at the forefront of innovation, from industries such as electric vehicles (EVs) to robotics to artificial intelligence (AI). Ark is run by Cathie Wood, a seasoned investor known for her incredibly bullish calls on stocks in the tech sector. Recently, she said EV giant Tesla (NASDAQ: TSLA) could be the biggest AI opportunity in the world thanks to its autonomous self-driving software.

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Looking past the hype to the real benefits (and risks) of AI

Top 1000 Funds

AI is on every investor’s lips as a technology that will revolutionise businesses and industries. The Fiduciary Investors Symposium heard that looking past the hype to the tangible, on-the-ground benefits presents some genuine challenges for asset owners and the managers they often employ to do it for them.

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FirmPilot Closes $7M Series A Funding Round

FinSMEs

FirmPilot, a Miami, FL-based AI marketing engine for law firms, raised $7M in Series A funding. The round was led by Blumberg Capital and DoubleVerify, with participation from Valor Ventures, SaaS Ventures, FJ Labs, and Connexa Capital. The company intends to use the funds to expand operations and its development efforts. Led by CEO and […] The post FirmPilot Closes $7M Series A Funding Round appeared first on FinSMEs.

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Ex-Secretary of State Pompeo joins former One Equity Partners pair to launch new private equity firm Niobrara

AltAssets

A pair of former One Equity Partners senior execs have teamed with former US Secretary of State Mike Pompeo to launch a new private equity firm. The post Ex-Secretary of State Pompeo joins former One Equity Partners pair to launch new private equity firm Niobrara first appeared on AltAssets Private Equity News.

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Don't Chase Social Security's Maximum Benefit. Do This to Retire a Millionaire Instead

The Motley Fool

The maximum monthly benefit Social Security recipients can collect in 2024 is $4,873. But don't kid yourself -- most seniors receive a lot less money than that each month. The average retired worker, in fact, was getting just $1,915 a month as of April. You may be eager to do what you can to chase the maximum monthly Social Security benefit. But rather than spin your wheels in that regard, you may be much better off focusing on building a solid retirement nest egg.

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Blackstone completes Tropical Smoothie Cafe acquisition

Private Equity Wire

Blackstone has completed the acquisition of Tropical Smoothie Cafe, a franchisor of fast casual restaurants, from Levine Leichtman Capital Partners. The deal is the first for the most recent vintage of the firm’s flagship private equity vehicle. Blackstone’s investment in Tropical Smoothie Cafe is the most recent example of a number of leading franchisors the firm has partnered with to help propel growth, including Hilton Hotels and SERVPRO.

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Echion Tecnologies Raises £29M in Series B Funding

FinSMEs

Echion Tecnologies, a Sawston, UK-based developer of niobium-based, fast-charging battery materials, raised £29M in Series B funding. The round was led by Volta Energy Technologies with participation from CBMM, BGF and Cambridge Enterprise Ventures. The company intends to use the funds to execute its go-to-market strategy to see its niobium-based XNO® anode material utilized in […] The post Echion Tecnologies Raises £29M in Series B Funding appeared first on FinSMEs.

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