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Goodshuffle, a Washington, DC-based software company for the event rental and production industry, raised $5M in Series A funding. FINTOP Capital made the investment. The company intends to use the funds to hire talent and further build out its event business management software, Goodshuffle Pro, and to launch new solutions. Led by Andrew Garcia, CEO, […] The post Goodshuffle Raises $5M in Series A Funding appeared first on FinSMEs.
Image source: Upsplash/The Motley Fool If you've ever wandered the aisles of Costco before, you've probably noticed the Kirkland name on a host of products. Kirkland is Costco's signature brand. You'll find it on baked goods, milk, apparel, cleaning products, and paper products, to name just a few examples. As a Costco shopper, you may have previously shied away from Kirkland products due to a lack of familiarity with the brand.
Monroe has allocated approximately $250 million of additional capital to Second Avenue through a mix of debt and equity capital. The post Monroe Capital invests in single-family rental platform Second Avenue appeared first on PE Hub.
Image source: The Motley Fool/Unsplash If you're a regular Costco shopper, you know that the warehouse club giant offers fantastic prices on the items it sells. But the only thing better than already-low prices are prices that are discounted even further. With that in mind, here are some great Costco deals for the month of March you may want to check out. 1. $250 off the Dell Inspiron 15.6" Touchscreen Laptop I've been pledging to get a new laptop since late last year.
Image source: The Motley Fool/Upsplash Inflation has been wreaking havoc on consumers' personal finances since 2021. To combat it, the Federal Reserve spent much of 2022 and 2023 implementing interest rate hikes. By making it more expensive to borrow money, the Fed's goal was to drive consumers to curb their spending, thereby narrowing the gap between supply and demand that caused inflation to surge.
SoundHound AI (NASDAQ: SOUN) stock has been on fire over the past month, with astounding gains of 254%, and Nvidia has played a big role in this stunning surge. Investors rushed to buy SoundHound AI stock hand over fist after Nvidia disclosed a stake in the company. However, SoundHound AI's eye-popping run came to a halt following the release of its fourth-quarter 2023 results, which were released on Feb. 29.
Palantir (NYSE: PLTR) is one of the most popular artificial intelligence (AI) software investments. Its prowess in the space is noticeable, and it comes from a superior product and years of experience deploying AI. However, not every successful company is a good investment. Sometimes, the expectations are just too high and the stock can't rise. But does Palantir fall into this category, or is the stock set to gain even more?
Shares of Zillow Group (NASDAQ: Z) (NASDAQ: ZG) fell 13.5% on Friday after the National Association of Realtors (NAR) agreed to settle a series of lawsuits brought by home sellers alleging the industry has conspired to boost agent commissions. The move appears likely to pave the way for reduced broker commissions on real estate sales -- a development that could potentially curb one of Zillow's bread-and-butter revenue streams.
Shares of Zillow Group (NASDAQ: Z) (NASDAQ: ZG) fell 13.5% on Friday after the National Association of Realtors (NAR) agreed to settle a series of lawsuits brought by home sellers alleging the industry has conspired to boost agent commissions. The move appears likely to pave the way for reduced broker commissions on real estate sales -- a development that could potentially curb one of Zillow's bread-and-butter revenue streams.
Virgin Galactic (NYSE: SPCE) has big dreams -- the kind that could, if it makes those dreams into reality, turn investors into millionaires. The problem is that big aspirations don't always work out as well as hoped. If you are looking at Virgin Galactic today thinking that it will get you to a seven-figure net worth, step back and consider the risks.
Artificial intelligence (AI) minted its first $1 trillion company last year when Nvidia stock rose 239% on the back of incredible demand for its AI data center chips. Nvidia is now worth more than $2.2 trillion, making it the third-largest company in the world behind Microsoft and Apple. Amazon , Meta Platforms , and Alphabet (Google's parent company) are also members of the $1 trillion club, and each company is working on AI in its own unique way.
With Bitcoin (CRYPTO: BTC) now trading above $70,000, the sky's apparently the limit for just how much higher the world's most popular cryptocurrency can go. The recent launch of the new spot Bitcoin ETFs has led to an outpouring of investor support for Bitcoin, and every day seems to bring the potential for a new all-time-high. So it's perhaps no surprise that Cathie Wood of Ark Invest has doubled down on her $1 million price prediction for Bitcoin.
Dividend stocks can be an excellent source of income, but did you know they can also be less risky and deliver steady returns over time? According to a study by Hartford Funds and Ned Davis Research, since 1973, companies that raised their dividends have delivered a 10.2% annual return, outperforming the equal-weighted S&P 500 index, with lower volatility over the same period.
Ginkgo Bioworks (NYSE: DNA) has a lot going for it. It's a favorite of Cathie Wood's Ark Innovation ETF , it's a popular collaborator in the biopharma sector, and its positioning at the intersection of biotechnology, artificial intelligence (AI), and laboratory robotics means that it's exposed to a lot of exciting and value-enhancing developments. But does that make it a buy, or just another stock getting hyped by the tech-hungry investors of the current bull market?
AI stocks may be propelling the new bull market to record levels, but these high-flying tech stocks aren't right for everyone. If you're a retiree who counts on dividend income, for example, you're likely to steer clear of a sector that some believe is already in a bubble. Instead, you're betting off searching for new targets among blue chip stocks.
The "Magnificent Seven" stocks are a group of megacap technology companies that have thrived over the past few years and led this new bull market, but it's not been a smooth ride for every member of that group. Two key members, iPhone maker Apple (NASDAQ: AAPL) and artificial intelligence (AI) chip company Nvidia (NASDAQ: NVDA) , are moving in opposite directions so far in 2024.
Image source: Getty Images People are taking more photos than ever before. According to Rise Above Research, an estimated 1.6 trillion photos were taken in 2023, an increase of 7.5% over 2022. But along with the daily fun of sharing food photography or taking selfies with friends, all of these photos are becoming a problem. Many families need help with organizing their photo collections.
The average Social Security retirement benefit in 2024 is $1,906 per month, which works out to $22,872 per year. Ideally, that money serves as a supplement to other sources of retirement income, like 401(k) withdrawals and dividends. But is it possible to survive on Social Security alone in 2024? Social Security is only intended to replace about 40% of income for the average worker.
There have never been more millionaires than today. In fact, according to Statista, there are more than 22 million millionaires in the U.S. alone. That's up from fewer than 8 million in 2000. Undoubtedly, one of the biggest reasons for the rising number of millionaires is the stock market. So, what are some artificial intelligence (AI) stocks that might help push that figure even higher?
Image source: Upsplash/The Motley Fool Winter is coming to an end. Are you ready for some spring cleaning, warm weather outdoor activities, or just a bigger TV? If so, check out your local Costco for some exciting springtime deals. Here are a few of the best Costco deals we've found for March 2024. (Note: All prices were listed online as of Feb. 28, 2024 based on the ZIP code of my local Costco warehouse in West Des Moines, Iowa.
Fool.com contributor Parkev Tatevosian reviews the latest developments at ASML (NASDAQ: ASML) and what it could mean for investors. *Stock prices used were the afternoon prices of March 11, 2024. The video was published on March 13, 2024. Should you invest $1,000 in ASML right now? Before you buy stock in ASML, 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 ASML wasn’t one of them.
Image source: The Motley Fool/Upsplash Perhaps no deposit account has had such a massive resurgence over the last year as certificates of deposit (CDs). It's not hard to understand why. The best CD rates are still hovering around 5.5%, with a variety of promotional terms to choose from. Even no-penalty CDs, which typically don't have favorable rates, are ranking high on the best-of charts, with several products on the financial platform Raisin paying out above 5%.
While Nvidia (NASDAQ: NVDA) may be one of the top artificial intelligence (AI) stocks out there, it's also making some investments. Because Nvidia had $100 million or more in investments, it was required to file a 13F, which revealed Nvidia's investments to the public. Among its holdings was SoundHound AI (NASDAQ: SOUN) , another AI company. With Nvidia at the forefront of nearly all things AI, taking its advice on what companies it's investing in is a smart move.
This week's inflation data came in a little bit hot, but it doesn't mean that rates on traditional fixed income investments will stay high for much longer. When the climate starts to get kinder -- and money market funds and freshly issued bonds start offering lower rates -- yield-seeking investors will turn to dividend-paying stocks where the distributions should grow over time.
Image source: Getty Images One of the best ways to become an entrepreneur is to start a side hustle. Earning extra money while keeping your day job is good for your bank account , and starting as a side hustle can give you time to test the concept for a new small business, without taking on too much financial risk. One entrepreneur who used this method to build a successful business is Gianluca Ferruggia.
SoundHound AI (NASDAQ: SOUN) stock saw a big pullback in Thursday's trading. The audio technology company's share price closed out the daily session down 3.2%, according to data from S&P Global Market Intelligence. SoundHound stock actually opened today's trading session with strong bullish momentum, and it had been up as much as 18.5% earlier in the day's trading.
Meta Platforms (NASDAQ: META) stock suffered a peak-to-trough decline of 76% between September 2021 and October 2022, bottoming at around $90. Meta is the parent of social media platforms Facebook, Instagram, and WhatsApp, but CEO Mark Zuckerberg pivoted the company toward the metaverse in 2021. The shift eroded Meta's profitability because of the metaverse's high capital costs and negligible revenue.
Image source: The Motley Fool/Upsplash Cutting expenses isn't always easy -- especially if you're already pretty careful about where your money goes. But despite the fact that I've been living within my means for a long time, I was still able to reduce my spending already this year so I can put more money into my savings account for short- and long-term goals.
Lucid (NASDAQ: LCID) stock has disappointed a lot of investors since its public debut in July 2021. The maker of luxury electric sedans went public by merging with a special purpose acquisition company (SPAC), and its stock started trading at $25.24 before more than doubling to its all-time high of $55.52 four months later. Before it went public, Lucid claimed it could produce 20,000 vehicles in 2022 and 49,000 vehicles in 2023.
There are many different areas that artificial intelligence (AI) has the potential to disrupt. One application that is grabbing attention at the moment is voice recognition software. While there are a host of major players developing AI-powered voice assistants, SoundHound AI (NASDAQ: SOUN) is fetching the majority of media coverage thanks to its relationship with Nvidia.
Costco Wholesale (NASDAQ: COST) isn't exactly a high-yield stock, but what it lacks in yield, it makes up for in dividend growth. It has increased its payment for 19 years and counting, with the average annual dividend boost over the past decade sitting at a heady 12%. Those two stats are built on what is now a customer foundation worth $4.5-billion-plus annually.
Bitcoin has set record highs this year and shows no signs of slowing down. And everyone's favorite meme token, Shiba Inu (CRYPTO: SHIB) , has not just come along for the ride but has been leading the charge. Up a mammoth 240%, Shiba hasn't been rising this quickly since 2021, when meme stocks were taking off in value. While it would still have an incredibly long way to go, is there a chance the coin could hit $0.01 this year, given all the excitement?
We may have lost an hour to daylight savings time over the weekend, but Cathie Wood isn't wasting any time. The Ark Invest co-founder, CEO, and ace stock picker added to 10 of her existing growth stocks on Tuesday. Investors know this because Wood publishes Ark's buys and sells for her exchange-traded funds (ETFs) after the end of every trading day.
Patient investors can generate excellent returns in the stock market whether they're making large initial investments or tiny ones. If you have the budget, though, you'll get higher absolute returns with bigger stock purchases from both dividends and capital appreciation. Putting $50,000 into a few top stocks, for example, could help a large, diversified portfolio grow more quickly.
It's been a good run for folks that have been binge investing in Netflix (NASDAQ: NFLX). The stock has more than doubled since the start of last year. Even in 2024 -- with many of last year's winners proving mortal -- shares of the leading premium video service provider are beating the market, up 26% year to date. Netflix stock hit a 52-week high in January after posting blowout fourth-quarter results, and that's not all.
If you are planning on Social Security playing an important role in supporting you in retirement, you need to know the truth about what these benefit checks can do for you. While Social Security can help support you, there's a very good chance you will end up getting less money from this program than you might expect. Here are three reasons why that's the case.
Shopify (NYSE: SHOP) has struggled with profitability over the years, even as it has been growing at an explosive pace. But the future looks brighter for the business. Shopify has cut expenses, it has become leaner, and staying out of the red is no longer a stretch. The company has also been expanding operations to serve a wider and more diverse group of customers.
Image source: The Motley Fool/Upsplash Many people who file taxes wind up getting money back from the IRS. But a tax refund isn't a given. And you may end up owing money on your taxes instead of being due money back. Having to pay the IRS can be a bummer. But if you have the money, it may be a matter of writing the agency a check and calling it a day.
Cathie Wood is the CEO and chief investment officer at Ark Invest, an asset management firm focused on disruptive innovation. Wood and her team manage several thematic index funds that offer exposure to technologies like artificial intelligence (AI). Ark sold down its position in Nvidia throughout February, and the selling has continued in March. That may strike readers as strange given that Nvidia chips are the gold standard in AI infrastructure.
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