The Motley Fool
AUGUST 31, 2023
What happened Shares of Okta (NASDAQ: OKTA) , the identity-for-the-cloud specialist, were moving higher today after the company posted strong results in its second-quarter earnings report. As of 10:52 a.m. ET, the stock was up 12.6%. So what In a challenging environment for software stocks , Okta posted impressive results as management said the macro environment was stabilizing.
Private Equity Insights
AUGUST 31, 2023
Private equity firm KSL said on Monday it intends to buy Hersha Hospitality Trust , the owner of 25 U.S. lifestyle and luxury hotels, in an all-cash transaction worth about $1.4bn. The move would take private Hersha at an approximately 60% premium to the real-estate investment trust’s closing stock price on Friday. The deal is slated to close by year-end after shareholders okay the move.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
FinSMEs
AUGUST 31, 2023
Alias Technology, a San Francisco, CA-based applied AI company creating social media applications leveraging generative media and multi-modal AI systems, raised $3M in Seed funding. The round was led by Khosla Ventures, and joined by Next Coast Ventures, Maveron, Peter Thiel, Joe Lonsdale, and WS Investments, among others. The company intends to use the funds […] The post Alias Technologies Raises $3M In Seed Funding appeared first on FinSMEs.
Entrepreneur - VC
SEPTEMBER 1, 2023
Grimes, who once banked $5.8 million in 20 minutes by selling crypto art, says she's made more from NFTs than from her entire music career. Read more about Grimes, here.
The Motley Fool
AUGUST 30, 2023
Ginkgo Bioworks (NYSE: DNA) focuses on synthetic biology. In short, it builds platforms to program cells as easily as programming a computer. On Tuesday, Gingko stock soared 24% after the company partnered up with Alphabet 's Google Cloud to build next-generation artificial intelligence (AI) platforms for biological engineering and biosecurity. *Stock prices used were from the trading day of Aug. 29, 2023.
The Big Picture
SEPTEMBER 1, 2023
The Fed is done. It’s unimaginable that they will do anything at the September FOMC meeting, and barring any radical change in the data, it’s unlikely they will be doing anything in November. I have been saying since June 2022 that inflation had peaked; the data has been leaning that way since May 2022. If you were watching the video instead of the still pic , it was apparent that the biggest risk to the economy then was less rising prices than a tardy FOMC over-tightening.
Private Equity Central brings together the best content for private equity professionals from the widest variety of industry thought leaders.
Entrepreneur - VC
AUGUST 31, 2023
Panda express is expected to pay customers $1.4 million to settle a lawsuit over hidden "service fee" charges online. Find out if you qualify for payment, here.
The Motley Fool
AUGUST 30, 2023
Scraping together enough cash to invest in the stock market isn't easy. Between monthly bills and other living expenses, paying down high-interest credit card debt, and topping up your emergency savings, many things take precedence. But if you do have some money to invest -- say, $1,000 or so -- you should consider buying shares in an elite business that can help you protect and grow your wealth.
Top 1000 Funds
AUGUST 28, 2023
Sujoy Bose played a central role in setting up India's celebrated sovereign development fund, the National Investment and Infrastructure Fund. He explains how NIFF's governance combines a perfect combination of sovereign comfort for investors seeking Indian exposure alongside the discipline and freedom to hunt returns.
FinSMEs
SEPTEMBER 1, 2023
ReOrbit, a Helsinki, Finland-based provider of software-enabled satellites, raised $7.4M in Seed funding. The round was led by Inventure VC, with participation from 10xFounders and existing investor Icebreaker.vc, Expansion, and YesVC. The company intends to use the funds to accelerate its development strategy focusing on international expansion and products.
Entrepreneur - VC
SEPTEMBER 1, 2023
OpenAI released a teacher's guide for ChatGPT ahead of back-to-school season. However, the company had bad news for teachers hoping to better catch students cheating by using the AI chat bot.
The Motley Fool
SEPTEMBER 1, 2023
There's no question that Nvidia 's (NASDAQ: NVDA) H100 data center GPU is the fastest AI accelerator on the market. In a series of industry-standard benchmarks that cover a wide variety of workloads including image classification, natural language processing, and large language models, the H100 easily bested the competition. There's a reason why Nvidia's GPUs are in such high demand.
A Wealth of Common Sense
AUGUST 31, 2023
Jonathan Novy, one of our advisors and insurance experts at Ritholtz Wealth, joined me this week to discuss questions about emergency funds, investing when you don’t have a 401k, annuity yields and long-term care insurance. Further Reading: Why I’m More Worried About the Bond Market Than the Stock Market 1The same is true of CDs. I looked at 5 year CD yields at Marcus today.
FinSMEs
AUGUST 31, 2023
Ellie.ai, a Helsinki, Finland-based provider of product design and collaboration software for data teams, raised €2.5m in seed funding. The round was co-led by Newion and Crowberry Capital. The company intends to use the funds to expand operations and its development efforts in order to advance new workflows for customers. Led by Johannes Hovi, CEO, […] The post Ellie.ai Raises €2.5M in Seed Funding appeared first on FinSMEs.
Entrepreneur - VC
AUGUST 31, 2023
Business success relies on a strong foundation in human resources. Learn these four common missteps that companies make that can get in the way of reaching their full potential.
The Motley Fool
SEPTEMBER 1, 2023
Do you like bargain stocks? You're in good company if you do. Legendary stock-picker Warren Buffett likes them too. In fact, the market-beating performance of Buffett-led Berkshire Hathaway is ultimately rooted in the Oracle of Omaha's value-seeking strategy. That's why you'd be wise to poach some of his picks for yourself. With that as the backdrop, here's a closer look at one of his favorite holdings you can step into right now at a great price: The Coca-Cola Company (NYSE: KO).
The Big Picture
AUGUST 31, 2023
The Fed’s favored inflation report was a 2.1% annualized (3 months through July) and 3.3% year-over-year. Here is BEA: Personal income increased $45.0 billion (0.2 percent at a monthly rate) in July, according to estimates released today by the Bureau of Economic Analysis (table 3 and table 5). Disposable personal income (DPI), personal income less personal current taxes, increased $7.3 billion (less than 0.1 percent) and personal consumption expenditures (PCE) increased $144.6 billio
FinSMEs
AUGUST 31, 2023
Occuspace, a Los Angeles, CA-based developer of occupancy management technology, raised $3.6M in Seed funding. The round was led by Okapi Venture Capital and joined by Cove Fund, Shadow Ventures, and Hamilton Ventures. The company intends to use the funds to enhance its business development efforts, and further expand its business reach, continue expanding into […] The post Occuspace Raises $3.6M in Seed Funding appeared first on FinSMEs.
Entrepreneur - VC
AUGUST 30, 2023
Hurricane Idalia made landfall Wednesday morning as a Category 3, leaving residents to witness everything from gas stations being swept away to paddleboarding through the streets.
The Motley Fool
SEPTEMBER 1, 2023
What happened Shares of semiconductor company Intel (NASDAQ: INTC) tacked on another 3.2% through 12:45 p.m. ET on Friday, the stock's third straight day of gains. Part of the reason for Intel's mini price rally is its new guidance on earnings, which CEO Pat Gelsinger announced at the 2023 DB Tech Conference yesterday. With the third quarter underway, Intel believes it is already above the midpoint of its guidance for third-quarter earnings, and therefore on track to beat analyst forecasts for a
A Wealth of Common Sense
SEPTEMBER 1, 2023
Rob Isbitts at ETF.com says Jerome Powell’s speech at Jackson Hole is bad news for 60/40 investors: For nearly two decades, investment advisors and self-directed investors came to understand and appreciate “asset allocation” as a complementary combination of stocks and bonds. When rates were falling, bond prices were rising and the stock market was driving higher in those easier credit conditions, that c.
FinSMEs
AUGUST 31, 2023
Saab acquired BlueBear, an Oakley, UK-based provider of AI-enabled autonomous swarm systems for complex defence and security applications. The amount of the deal was not disclosed. The acquisition of all shares in BlueBear is part of Saab’s continued international growth journey across key markets, which include the United Kingdom, Australia, the United States and Germany. […] The post Saab Acquires BlueBear appeared first on FinSMEs.
Entrepreneur - VC
SEPTEMBER 1, 2023
Discover the extraordinary potential within you to ignite a global movement of positive change. You can become a renowned catalyst for transformation through the power of positive psychology.
The Motley Fool
SEPTEMBER 1, 2023
On Aug. 23, CVS Health (NYSE: CVS) announced that it's launching a new subsidiary focused on biosimilar drugs. That business, Cordavis, will start by seeking to commercialize a biosimilar to AbbVie 's blockbuster Humira. That could mean trouble on the horizon for Viatris (NASDAQ: VTRS). As a generic medicine manufacturer, the last thing it needs is another powerful competitor looking to grab a share of the most lucrative markets.
The Big Picture
AUGUST 31, 2023
My end of August, morning train WFH reads: • Money Is Pouring Into AI. Skeptics Say It’s a ‘Grift Shift.’ The move from crypto to artificial intelligence has fueled the markets this year, but some are questioning how much of it is real. ( Institutional Investor ) • What to Do With a 45-Story Skyscraper and No Tenants : HSBC’s plan to leave its Canary Wharf tower for a smaller site shows the global challenges ahead in repurposing unwanted office space for a post-pandemic world. ( Citylab ) see al
FinSMEs
SEPTEMBER 1, 2023
Measurlabs, a Helsinki, Finland-based startup offering laboratory analysis and testing services that help researchers, quality assurance, and R&D professionals get the tests they need, raised €2.5m in seed funding. The round was led by VentureFriends and joined by existing investors Lifeline Ventures, Tesi, and Curus. The company intends to use the funds to scale its […] The post Measurlabs Raises €2.5M in Seed Funding appeared first on FinSMEs.
Entrepreneur - VC
AUGUST 31, 2023
The U.S. economy experienced slower growth in the second quarter of 2023, with the gross domestic product (GDP) rising at a rate of 2.1%, falling short of the Federal Reserve's initial prediction of 2.4%.
The Motley Fool
SEPTEMBER 1, 2023
Image source: Getty Images When my family adopted our dog, Champ, in 2020, we went through a rescue that has a great reputation. But even when you adopt through a rescue, you may not get the full story about your pet's health history. Many rescues take in strays or animals whose past is unknown. And while they'll commonly do their best to get a health assessment before adopting out an animal, sometimes, there are gaps.
Private Equity Wire
AUGUST 31, 2023
Archimed to acquire UK software co Instem for £203m Submitted 31/08/2023 - 12:21pm French private equity firm Archimed SAS has agreed to buy UK software company Instem, a provider of IT services for drug development in the global life sciences market, in a take-private deal that values the Staffordshire-based business at £203m. Archimed has agreed to pay 833 pence per share in cash, which represents a 41 per cent premium on Instem’s closing share price on Tuesday.
FinSMEs
SEPTEMBER 1, 2023
Trading NFTs Using Bots Non-fungible tokens (NFTs) have brought a vast market of alternatives for cryptocurrency investors. They do this while maintaining the same security as crypto coins because they operate within the blockchain. However, like any other investment, they have an element of risk. Hence, the introduction of NFT bots, which help in simplifying […] The post Thing to Look for When Trading NFTs Using Bots appeared first on FinSMEs.
Entrepreneur - VC
AUGUST 30, 2023
Preparing to sell your rental investment is a chore. It's even more complicated if you have current tenants. Explore five things to help you prepare for what's ahead when you're thinking about selling your rental property.
The Motley Fool
SEPTEMBER 1, 2023
Image source: Getty Images It's September, so it's officially time for all things pumpkin. You may have noticed that some retailers are already selling pumpkin-flavored goodies. Costco is no exception. Shoppers are in for a treat because the warehouse club's iconic pumpkin pie is starting to return to clubs in time for the upcoming season. It's delicious and sold at an affordable price -- making it the perfect item to bring to your next gathering without draining your bank account balance.
Financial Times M&A
SEPTEMBER 1, 2023
Regulators are concerned deal would consolidate US travel site’s market position and hurt rivals
FinSMEs
SEPTEMBER 1, 2023
ConverSight, an Indianapolis, IN-based decision unified intelligence solution provider, raised $9M in Series A funding. The round was led by Surface Ventures with participation from Techstars, Augment Ventures, Elevate Ventures and existing investors. The company intends to use the funds to accelerate its go-to-market teams in addition to continuous product innovation and feature expansion.
Expert insights. Personalized for you.
246 
Let's personalize your content