Sat.Aug 24, 2024 - Fri.Aug 30, 2024

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Slingshot AI Raises Approx. $30M in Seed Funding

FinSMEs

Slingshot AI, a New York- and London, UK-based AI mental health startup, reportedly raised approximately $30m in seed funding. The round was led by Andreessen Horowitz (a16z). Other backers in the company included Felicis Ventures, BoxGroup, Gokul Rajaram, Jerry Murdock, Bryan Baum, Sumeet Gajri, Arjun Sethi, Mike Stoppelman, Liu Jiang, Cory Levy, and David Cahn. […] The post Slingshot AI Raises Approx. $30M in Seed Funding appeared first on FinSMEs.

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Is Palantir Stock a Buy Before Sept. 20?

The Motley Fool

Each quarter, the S&P 500 index rebalances. This means new companies are added to the index, replacing existing members that are no longer eligible. One company that has been eligible for S&P 500 inclusion for quite some time but is yet to be added to the index is Palantir Technologies (NYSE: PLTR). With the next rebalance scheduled for Sept. 20, is now the time to load up on Palantir stock?

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Temasek’s SeaTown raises $1.7 billion private credit fund

Private Equity Insights

A unit of Singapore’s state-owned investor Temasek Holdings Pte. has raised $1.7 billion (US$1.3 billion) for its second private credit fund, in a sign that Asia’s fledgling direct lending industry remains attractive to investors hungry for yield and asset diversification. SeaTown Holdings International completed the fundraising for its SeaTown Private Credit Fund II, backed by a group of limited partners including insurers, endowments, and family offices, the alternative investment firm said in

Funds 147
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Financial Voices I Ignore

A Wealth of Common Sense

The firehose of information we’re afforded these days is a double-edged sword. There is an abundance of news, analysis, charts and opinions but it can all be overwhelming if you don’t have an effective filter in place. When it comes to finance I have some filters to help understand which types of sources and people to safely ignore. These are the types of financial voices and data I immediately ignore: Pricing.

Finance 144
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Where Will AST SpaceMobile Be in 1 Year?

The Motley Fool

AST SpaceMobile (NASDAQ: ASTS) has satellites sitting at Kennedy Space Center in Florida ready for the launch pad. It is about to take a giant leap, hopefully sometime in September, that will change it from a company trying to prove it can operate a business to one that has the capability of actually doing so. The next year will be a vital turning point in many ways, but investors need to understand that not much will change for AST in the short term regarding financial performance.

Returns 246
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Here's My Top AI Growth Stock to Buy Right Now

The Motley Fool

It's been around two years since the launch of OpenAI's ChatGPT started the generative artificial intelligence (AI) hype cycle. Since then, industry leaders like Nvidia and Super Micro Computer have added billions to their market caps by providing enabling hardware. However, consumer-facing AI software seems yet to reach its full potential. Let's explore why SoundHound AI (NASDAQ: SOUN) could be an excellent way for investors to bet on this side of the opportunity.

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Is Taiwan Semiconductor Manufacturing a Millionaire-Maker Stock?

The Motley Fool

Buying and holding solid companies for a long, long time is a tried-and-tested method of making money in the stock market, as this strategy allows investors to not only capitalize on secular growth trends but also benefit from the power of compounding. For instance, an investment of $10,000 made in shares of Nvidia 10 years ago is now worth more than $2.7 million.

Capital 246
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2 Artificial Intelligence (AI) Stocks to Buy Hand Over Fist in August

The Motley Fool

Despite a surge of growth since the beginning of last year, the artificial intelligence (AI) market remains a compelling investment opportunity. The industry was worth $200 billion in 2023 and is racing past that figure, expanding at a compound annual growth rate of 37% and projected to achieve just under $2 trillion in spending by 2030. As a result, companies and investors will likely continue to profit from providing AI tools, services, and hardware for years.

Returns 246
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This Stock Market Indicator Has Been 70% Accurate Since 2014. It Signals a Big Move in September.

The Motley Fool

The stock market is having a good year despite headwinds from sticky inflation and high interest rates. The benchmark S&P 500 (SNPINDEX: ^GSPC) has climbed 18%, notching more than three dozen record highs in the process. One reason for that momentum is excitement about artificial intelligence (AI). Chipmaker Nvidia accounts for nearly one-fifth of the gains in the S&P 500, and the Magnificent Seven are collectively responsible for nearly 60% of the gains.

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1 Top Cryptocurrency to Buy Before It Soars 16,000%, According to Robert Kiyosaki

The Motley Fool

Even though Bitcoin (CRYPTO: BTC) is struggling to stay above the $60,000 mark, there are plenty of investors who think that the price of Bitcoin could hit $100,000 by the end of the year. That's when the price of Bitcoin could really explode in value, eventually soaring as high as $10 million per coin. Personal finance guru Robert Kiyosaki, who is best known for his book Rich Dad Poor Dad , is one of those investors who thinks that the price of Bitcoin could skyrocket by 16,000%.

Debt 246
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If I Could Only Buy 1 Artificial Intelligence (AI) Semiconductor Stock Over the Next Decade, This Would Be It (Hint: It's Not Nvidia)

The Motley Fool

Believe it or not, semiconductor chips are used for applications well beyond powering smart devices and electronics. For this reason, it's not entirely surprising that semiconductor stocks have been particularly big winners as the artificial intelligence (AI) revolution pushes forward. Among leading chip companies, Nvidia (NASDAQ: NVDA) stands out as the 800-pound gorilla right now.

Returns 246
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Warren Buffett Is Selling Stocks and Loading Up on Cash. Is That a Red Flag for Investors?

The Motley Fool

Warren Buffett's company, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , is known for its ability to find value in the markets. That's why when it makes a move to buy a stock, many investors often follow suit, feeling confident that Buffett or Berkshire's other managers saw some considerable value there. On the flip side, investors may grow concerned when they don't see a lot of buying activity, and Berkshire's cash balance has been growing instead.

Investors 246
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I'm 40 and Just Opened an IRA. Is My Retirement Doomed?

The Motley Fool

Image source: Getty Images I spent the last few years of my life (and my late 30s) whipping my personal finances into shape. I paid off a solid chunk of debt, saved an even bigger chunk of money, and became a homeowner a few months ago. Now I've officially opened my first-ever retirement account. I spent more than a decade in a low-paying nonprofit career, and most of my jobs in that field didn't offer access to an employer-sponsored retirement account -- let alone matched contributions.

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Nvidia Stock Is Sliding. Is It a Buying Opportunity or a Warning Sign?

The Motley Fool

Shares of Nvidia (NASDAQ: NVDA) were heading lower Thursday after the AI chip leader posted better-than-expected results in its fiscal 2025 second-quarter report after the close Wednesday, but the company's beat was not as wide as investors had become used to and management's guidance was on the lighter side. Nvidia also reported a sequential decline in gross margin, indicating that it may have reached the limits of its margin expansion.

Returns 246
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IBM's Next Mainframe Will Pack an AI Punch

The Motley Fool

While International Business Machines (NYSE: IBM) now derives most of its revenue from software and consulting, the decades-old mainframe business is still an important part of the century-old tech giant. Industries like banking and insurance still depend on the hulking systems, known for their extreme reliability. IBM tends to launch a new generation of mainframe system every two or three years, and the next launch should be right around the corner.

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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

The Motley Fool

Cathie Wood is having a rough year as the co-founder, CEO and investment manager of Ark Invest. Her largest exchange-traded fund is trading 15% lower this year, a rough contrast to a winning year for many growth investors. She's not giving up hope. She's been buying stocks all summer. Wood added to three existing positions on Thursday, buying more shares in Tempus AI (NASDAQ: TEM) , Blade Air Mobility (NASDAQ: BLDE) , and Absci (NASDAQ: ABSI) on Thursday.

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Knowing That the Median Retirement Account Is $87,000 Won't Help Me Plan for Retirement. Here's How I'm Tracking Success Instead.

The Motley Fool

Looking at how much other people have saved for retirement can be interesting. It's exciting to see how your own savings compares, especially if you're doing better than the average American. If you're not quite on track, then checking out where others stand may also help you get motivated to save more. However, while it may be fun to get this glimpse into the financial lives of others, it's not actually useful to your planning at all -- and if you spend too much time seeing how you stack up wit

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Invesco QQQ Trust vs. Fidelity Nasdaq Composite Index ETF: Which Is the Best Nasdaq ETF For You?

The Motley Fool

The Nasdaq has been the biggest driver of stock market returns for over a decade. The tech-heavy Nasdaq Composite index has produced annualized returns of more than 16% over the past 10 years, significantly outpacing the benchmark S&P 500. There are two main indices that track the performance of the Nasdaq: the Nasdaq 100 and the Nasdaq Composite.

Assets 246
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Nuclear Power in the Modern Age

The Motley Fool

In this podcast, Motley Fool host Ricky Mulvey caught up with Oklo CEO Jake DeWitte for a conversation about: Why the buildout of nuclear energy stagnated and why that could change. How Oklo is using old technology to develop new reactors. A recycled energy source that could fuel the entire United States. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.

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The Fed Just Flagged Its First Interest Rate Cut Since March 2020. It Might be Bad News for Stocks.

The Motley Fool

"The time has come for policy to adjust." Those were the words of Federal Reserve Chairman Jerome Powell on Friday at the annual Jackson Hole Economic Symposium. The Fed has been locked in an intense battle to tame inflation, which hit a 40-year high in 2022 when the Consumer Price Index (CPI) soared to 8%. That was far above the Fed's annual target of 2%, and the central bank responded with the most rapid string of interest rate hikes in its history.

Banks 246
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Why Is Nvidia Stock Down After Reporting Parabolic Growth?

The Motley Fool

Expectations were high heading into Nvidia 's (NASDAQ: NVDA) fiscal 2025 second-quarter financial report. The company has become the de facto standard bearer for the artificial intelligence (AI) revolution. Its graphics processing units (GPUS) provide the computational horsepower necessary to create the large language models (LLMs) that make generative AI possible.

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Nvidia (NVDA) Q2 2025 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Nvidia (NASDAQ: NVDA) Q2 2025 Earnings Call Aug 28, 2024 , 5:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Good afternoon. My name is Abby, and I will be your conference operator today. At this time, I would like to welcome everyone to NVIDIA's second-quarter earnings call.

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Nvidia Has Delivered Another Blowout Quarter and Looks Poised for More Big Wins

The Motley Fool

After the market closed today, Nvidia (NASDAQ: NVDA) published results for the second quarter of its current fiscal year -- which ended July 28. The red-hot artificial intelligence (AI) company has once again delivered big sales and earnings beats. Nvidia's revenue surged 122% year over year, and its non-GAAP (adjusted) earnings per share rocketed 152% higher to hit $0.68.

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Nvidia's Big Day Is Here: What to Expect When the AI Giant Reports After the Bell

The Motley Fool

Nvidia (NASDAQ: NVDA) is at the epicenter of the artificial intelligence (AI) revolution. It designs the most powerful data center chips for AI development, and demand continues to outstrip supply which is driving a surge in the company's revenue and earnings. After the closing bell today -- at around 5:00pm Eastern Time and 2:00pm Pacific -- Nvidia will release its financial results for its fiscal 2025's second quarter (ended July 31).

Investors 246
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Here's How the Average American Can Add Over $1,000 to Their Social Security Benefit

The Motley Fool

If you hope Social Security will help you achieve financial security as a retiree, you'll need to make smart choices about when you file for your benefits to begin. Your decision on this issue can profoundly impact the monthly income that your benefit checks provide. In fact, with one simple move, the typical retiree could add over $1,000 to the monthly payment the Social Security Administration provides.

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Prediction: Artificial Intelligence (AI) Will Make These 2 the Next Trillion-Dollar Companies

The Motley Fool

Although it's been a little more than six years since Apple became the first publicly traded company to breach the trillion-dollar capitalization ceiling, such companies remain few and far between. As of the latest look, only six outfits now boast 13-figure market caps (though Apple is still the largest, at nearly $3.5 trillion). Then again, it's been a while since the world's been in a position to push a bunch more names up into the next-size tier.

Companies 246
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3 Dividend Kings to Buy Now for a Lifetime of Passive Income

The Motley Fool

Generating income from an investment for the rest of your life is a tall order, regardless of your age or risk tolerance. To have that level of confidence in a company, the business has to be operationally sound and endure economic cycles. It should have financial credibility, a strong balance sheet, and a pathway toward growing earnings and dividend payouts.

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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

The Motley Fool

Cathie Wood is busy trying to get back on track. Most of the exchange-traded funds held by Ark Invest -- where she is the co-founder, CEO, and investment manager -- are underwater in the otherwise buoyant 2024. It's not stopping her from taking big bets on disruptive companies. If she's right, being out of favor now is a temporary condition. Wood publishes all of Ark's daily transactions, so we know what she is buying and selling.

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Here's The Average Credit Card Debt in America. How Do You Compare?

The Motley Fool

Image source: Getty Images Sometimes, necessary expenses just aren't in the budget. And when that happens, it's often easiest to turn to credit cards to fill the gap. Over time, high APRs and increasing needs can build, leading to significant credit card debt. If you find yourself in that situation, know that you aren't alone: Just under half (47%) of Americans carry a balance from month to month.

Debt 246
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Why Costco Stock Topped the Market on Tuesday

The Motley Fool

Tuesday was a slow and largely unmemorable news day for Costco Wholesale (NASDAQ: COST). Still, the big retailer's stock landed comfortably in positive territory, rising by nearly 2% on the day against the S&P 500 index's marginal gain of 0.2%. A glowing analyst note about the company's current performance and looming future was a tailwind for that increase.

Returns 246
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Redfin Is Up 50% So Far in August -- but Here Are 4 Reasons It Could Still Be a Great Stock to Buy Now

The Motley Fool

Real estate technology company Redfin (NASDAQ: RDFN) has taken investors on quite a roller-coaster ride. After losing more than 95% of its peak value after the real estate market slowed to a crawl in 2022, the stock has more than tripled from the lows and is up by more than 50% in the past couple of weeks. However, with Redfin still trading at a rather small market cap ($1.3 billion) and several big catalysts that could help the business over the next few years, it could still be a great stock t

Returns 246
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Prediction: A 0.75% Federal Funds Rate Cut Will Reignite the Housing Market

The Motley Fool

Image source: The Motley Fool/Upsplash Well, it's unofficially official -- there's a federal funds rate cut coming in September, almost definitely, maybe certainly. This is what we've all been waiting for, a lower interest rate to temper the chronically high housing prices that have been a big part of the post-COVID-19 economy. But chatter and the CME FedWatch Tool says that we're likely to only see a 0.25% interest rate drop in September.

Funds 246
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Eli Lilly's Stock Keeps Looking Better and Better. Here's the Latest Reason Why.

The Motley Fool

These are heady days for Eli Lilly (NYSE: LLY). New medicines are launching, investments in manufacturing are paying off, and additional clinical trials point to the possibility of more revenue in the future. It seems like there's a fresh reason to be even more bullish about the stock every single week. This past week was no exception to the trend. Here's why.

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Peloton Stock Soared 44% Last Week, but Here's Why the Rally Might Fade

The Motley Fool

Peloton Interactive (NASDAQ: PTON) makes at-home exercise equipment fitted with digital screens, which can be used to stream everything from virtual classes to music. Its stock soared to an all-time high of $163 near the end of 2020 on the back of surging sales as consumers sought ways to remain active during lockdowns. But demand has plunged since then, and the company's losses grew so large that it has been in a fight for survival over the past year.