Sat.Jul 27, 2024 - Fri.Aug 02, 2024

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When Raises $4.6M in Seed Funding

FinSMEs

When, a Chicago, IL-based AI-powered offboarding solution designed to help employees navigate post-employment transitions and maintain access to healthcare by offering more affordable alternatives to COBRA, closed its latest Seed funding round of $4.6m. The round was led by B Capital and joined by TTV Capital, Joyance Partners, Alumni Ventures, Network Ventures, and Enfield Capital […] The post When Raises $4.6M in Seed Funding appeared first on FinSMEs.

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Nvidia Has Plunged 26% in 6 Weeks -- but History Suggests an 80% Drop May Be in Order

The Motley Fool

For nearly two years, Wall Street has been entrenched in a sensational bull market. In recent weeks, the ageless Dow Jones Industrial Average , broad-based S&P 500 , and innovation-fueled Nasdaq Composite all ascended to fresh record-closing highs. While there are a number of catalysts responsible for pushing the broader market to new heights, including a resilient U.S. economy and better-than-expected operating results for Wall Street's most-influential businesses, the rise of artificial in

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Some Things I Don’t Want When I Grow Up

A Wealth of Common Sense

When you’re young, you spend a lot of time daydreaming about the type of person you’d like to become. I want to become a CEO, a politician, a business owner, an astronaut, an actor, an uber-rich person, etc. One reason the dreaded mid-life crisis exists is that expectations are often too high when you’re young. Reality punches you in the face in middle age.1 My antidote to a mid-life crisis involves some.

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Apple Just Sent a Major Warning to Nvidia Investors

The Motley Fool

Practically everyone building an artificial intelligence (AI) large language model relies on Nvidia (NASDAQ: NVDA) for its high-end graphics processing units (GPUs). Big tech companies like Alphabet , Microsoft , Amazon , Meta Platforms , and others have been committing billions of dollars to Nvidia just to get their hands on the next batch of chips.

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Why Bank Stocks Like Wells Fargo and JPMorgan Chase Are Tumbling Today

The Motley Fool

Bank stocks are ending the trading week on low note, down across the board much more than the broad market's setback of around 2.2%. As of 3:07 p.m. ET shares of JPMorgan Chase (NYSE: JPM) and Wells Fargo (NYSE: WFC) are lower to the tune of 5.1% and 6.9%, respectively, leading the charge lower in addition to setting an industrywide bearish tone. The prompt behind the selling?

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Wall Street Collapses but Verizon, T-Mobile, and AT&T Rise. Here's Why

The Motley Fool

The stock market had a terrible end to the week, and very few companies were spared from the carnage. Three that were up are in the telecom industry and probably aren't on your list of top stocks right now. But maybe they should be. Despite the S&P 500 trading down 2.2% at 3 p.m. EDT, shares of Verizon (NYSE: VZ) have been up as much as 2.7%; AT&T (NYSE: T) was up 2.6%; and T- Mobile (NASDAQ: TMUS) was up 3.6% at its peak.

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I Own a Plug-in Hybrid: Here's What They Don't Tell You

The Motley Fool

Image source: Getty Images Last year, my husband and I had to replace our 17-year-old Prius with a newer vehicle. We knew we weren't ready to take the leap into a full-fledged EV, but we wanted a car that would offer comparable gas mileage to our Prius, only with more room. We landed on the Toyota RAV-4 Prime, a plug-in hybrid SUV. It seemed like a good middle ground solution, given that a full-fledged EV wasn't what we wanted.

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Is Microsoft Stock a Buy?

The Motley Fool

For much of the past year, Microsoft (NASDAQ: MSFT) enjoyed the esteemed title of the world's most valuable public company. An artificial intelligence (AI)-fueled boost -- and underperformance from Apple -- helped propel Microsoft into the top spot, but a recent sell-off erased more than $300 billion in market cap over the past month (as of July 29).

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Make Your Money Work for You With These 3 Passive Income Streams

The Motley Fool

Image source: Upsplash/The Motley Fool There's a lot of weird information on the internet about a lot of stuff. But boy, does it love get-rich-quick schemes that promise you'll make a bunch of money while doing almost nothing. The truth, of course, is a lot different. What you end up with is a system that doesn't work, an extra job that wastes your precious time, or a con job that just sucks in your money like a reverse firehose.

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Why Spirit Airlines Stock Flew South in July

The Motley Fool

The airline sector is beginning to feel a squeeze, and no one is under more pressure than Spirit Airlines (NYSE: SAVE). Shares of the discount airline lost 17.8% in July, according to data provided by S&P Global Market Intelligence , after a mid-quarter update prompted discussions about a potential bankruptcy filing. A bad situation could get worse Spirit has been flying through a lot of headwinds.

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This Cryptocurrency Is Set to Soar in 2024: 3 Reasons to Buy It Now and Hold Forever

The Motley Fool

In a crypto bull market like the one we find ourselves in, it can be difficult to discern which asset is best for your portfolio. Perhaps the old saying "If it ain't broke, don't fix it" could apply here. While dozens of new cryptocurrencies have launched since Bitcoin (CRYPTO: BTC) became the world's first crypto, there is a compelling case to be made that it remains the best, thanks to tailwinds forming in 2024 and beyond.

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My Top 4 Stocks to Buy in August

The Motley Fool

With August arriving, investors should assess whether their portfolios are missing any stocks. Despite the market's strong year, there are still plenty of stocks that are worth buying at today's prices. If you want to grow your portfolio in August, I've got four names that investors should consider. 1. Taiwan Semiconductor Taiwan Semiconductor (NYSE: TSM) is probably one of the top five most vital companies in the world.

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Costco Can Revoke Your Membership for These 4 Reasons

The Motley Fool

Image source: Getty Images A Costco membership can be a great way to keep more money in your bank account. Kirkland brand products tend to be affordable and awesome, and Costco generally also offers great deals on a huge variety of name-brand products. If you've become a Costco member, hopefully, you're making the most of your Costco membership. And, the last thing you want to do is end up with it being canceled.

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You Can Earn Over $1,000 a Month With These 7 Remote Side Jobs

The Motley Fool

Image source: Getty Images Over the past few years, the number of people working from home has skyrocketed. Perhaps you want to make money online as a freelancer, start a business, or just work a flexible schedule for an employer. There are many ways to turn your home office (and home internet connection) into extra money in your household budget. What if you want a 100% remote job, but without a full-time schedule?

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Why Your Social Security Payments May No Longer Be Safe

The Motley Fool

Social Security serves as a lifeline for millions of older Americans today. And many recipients would not be able to make ends meet without those monthly benefits. But it's not a given that the monthly Social Security payment you're supposed to collect will land in your bank account in full, without a hitch. Under certain circumstances, you could be at risk of losing some of that money.

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The S&P 500 Just Had Its Worst July in 10 Years. History Says the Stock Market Will Do This Next.

The Motley Fool

The S&P 500 (SNPINDEX: ^GSPC) rocketed through roughly three dozen record highs and advanced 14.5% during the first six months of 2024. But a burgeoning rotation from large-cap stocks to small-cap stocks blunted that momentum in July. As of 11:00 AM ET on July 31, the S&P 500 has advanced 1% in the month. The broad-based index was actually down 0.4% headed into the final trading session, but encouraging financial reports from AMD and Microsoft renewed investor confidence in the artificia

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Social Security's 2025 COLA Predictions Are Out, and Let's Just Say Retirees May Not Be Jumping for Joy

The Motley Fool

It seems like not too long ago, you could go to the grocery store with $100 and come home with a trunk's worth of items. Nowadays, if you spend $100 at the grocery store, it seems like you're back in a few days going through the whole process again. If you're looking to point the finger at someone, inflation is your guy. To offset inflation and help retirees keep their purchasing power (theoretically), Social Security uses the cost-of-living adjustment ( COLA ) to adjust monthly Social Security

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1 Phenomenal Stock-Split Stock to Buy Hand Over Fist in August, and 2 to Absolutely Avoid

The Motley Fool

Although anything having to do with artificial intelligence (AI) has been garnering Wall Street's attention for more than a year, a strong case can be made that the trend investors can't get enough of right now is companies enacting stock splits. A stock split is a mechanism that allows a publicly traded company to cosmetically alter its share price and outstanding share count by the same factor.

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Xponential Fitness (XPOF) Q2 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Xponential Fitness (NYSE: XPOF) Q2 2024 Earnings Call Aug 01, 2024 , 4:30 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Greetings and welcome to the Xponential Fitness, Inc. second quarter 2024 earnings conference call. At this time, all participants are in a listen-only mode.

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Pfizer Just Confirmed It's a Dividend Investor's Dream Stock

The Motley Fool

Pfizer (NYSE: PFE) has been a nightmare for many investors in recent years. At one point earlier this year, the big pharma stock was nearly 60% below its peak set in late 2021. However, the narrative for Pfizer appears to be changing. Its shares are up a respectable 9% year to date. The company reported better-than-expected second-quarter results on Tuesday.

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QuantumScape Stock Is Down on Recession Fears -- but Are They Justified?

The Motley Fool

Shares of electric vehicle (EV) battery start-up QuantumScape (NYSE: QS) were trading lower on Thursday, after new economic data stoked fears of a looming recession in the U.S. As of 3 p.m. ET, QuantumScape's shares were down about 6.6% from Wednesday's closing price. New data hints that a recession could be coming Two new data points on Thursday increased Wall Street's worries about a potential recession.

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2 Top ETFs to Buy Now to Build Lasting Wealth

The Motley Fool

Despite the occasional dips, the stock market is overall the best way to build wealth. Investing just a few hundred dollars a month can make anyone a millionaire over their working career. And these two ETFs are all you need to do it. Keep it simple and beat the pros The S&P 500 index has advanced from 45 to 5,460 since 1957. The Vanguard S&P 500 ETF (NYSEMKT: VOO) is all you need to jump on this wealth-creating engine.

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Billionaires Are Selling Nvidia Stock and Buying 2 Turbocharged Artificial Intelligence (AI) Stocks Instead

The Motley Fool

Nvidia has been one of hottest stocks on Wall Street for the better part of two years. But professional money managers have become increasingly cautious about holding large positions in the chipmaker as shares have skyrocketed. Compared to its weight in the S&P 500 (SNPINDEX: ^GSPC) , Nvidia was the second-most under-owned big tech stock across institutional portfolios in the first quarter, according to Morgan Stanley.

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Here Is What Top Semiconductor Stocks Said About Artificial Intelligence (AI) Demand -- Is It Really an AI Bubble?

The Motley Fool

In today's video, I discuss Taiwan Semiconductor Manufacturing (NYSE: TSM) and other semiconductor companies. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the market prices of July 30, 2024. The video was published on July 30, 2024. Should you invest $1,000 in Taiwan Semiconductor Manufacturing right now?

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Is Nvidia's Momentum Over? Here's What History Says.

The Motley Fool

Nvidia (NASDAQ: NVDA) soared to record highs earlier this year, crossed the $1,000 mark -- and finally launched a stock split in June to lower its per-share price. The reason for the fantastic performance is simple. Nvidia dominates the artificial intelligence (AI) chip market, and this has helped it generate triple-digit gains in earnings in recent times.

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Tech Market Sell-Off: 2 Stocks to Buy in 2024 Before It's Too late

The Motley Fool

A sell-off has taken hold of the stock market in July, mainly aimed at the tech industry. The Nasdaq-100 Technology Sector index is down by 9% since July 10, when the bulk of the declines began. The downturn started amid increasing tensions between the U.S. and China. Earlier this month, a Bloomberg article revealed that the U.S. was considering further tightening restrictions on China's access to advanced technology.

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97% Is a Troubling Number for NextEra Energy Partners

The Motley Fool

If you're in search of ultra-high yield stocks, then NextEra Energy Partners (NYSE: NEP) has probably popped up on your radar screen. The clean-energy-focused master limited partnership (MLP) has a huge 13.5% distribution yield. However, yields don't usually get that high without a good reason. Here's why you might want to tread with caution if you're considering buying NextEra Energy Partners.

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Chipotle Stock Just Lost More Than One-Fourth of Its Value. 3 Reasons Now Is the Time to Start Buying.

The Motley Fool

Chipotle Mexican Grill (NYSE: CMG) recently released its earnings report for the second quarter of 2024, the first after its historic 50-for-1 stock split. While the news was positive, it failed to stem the downtrend that began just before the split took effect. Consequently, the stock price has fallen by more than 25% in just over a month. However, despite the severity of this pullback, it is doubtful any disappointments have undermined the case for investing in Chipotle stock.

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5 Ways to Make Money Online -- Without Social Media

The Motley Fool

Image source: Getty Images If you want to start a side hustle or just make a few extra dollars, the idea of marketing yourself on social media might feel overwhelming. Social media is cluttered, competitive, and can be expensive for even well-established small businesses to buy ads and build an audience. What if you just want to make money online without all the extra hassle?

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Warren Buffett Expects This Investment Holding to Balloon to $200 Billion of Berkshire's Portfolio. Hint: It's Not Apple.

The Motley Fool

Warren Buffett manages a massive portfolio for Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). As of this writing, Berkshire's equity holdings total around $400 billion. By far the largest equity holding in the portfolio is Apple (NASDAQ: AAPL). The Oracle of Omaha poured tens of billions of dollars into Apple stock between 2016 and 2018, amassing a huge stake in the iPhone maker.

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Macerich (MAC) Q2 2024 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. Macerich (NYSE: MAC) Q2 2024 Earnings Call Jul 31, 2024 , 1:00 p.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Ladies and gentlemen, thank you for standing by. Welcome to the second quarter 2024 Macerich earnings conference call. At this time, all participants are in a listen-only mode.

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These Were the 5 Biggest Tax Scams That Snagged Small Business Owners

The Motley Fool

Image source: The Motley Fool/Upsplash It's never too early for small business owners to start thinking about taxes. Small business tax season goes all year round -- with quarterly estimated tax payments, payroll taxes, and other tax obligations specific to your state or industry. But unfortunately, small business owners can be uniquely vulnerable to tax scams and misunderstandings.

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99.9% of Nvidia's $380 Million Investment Portfolio Has Been Put to Work in These 4 Artificial Intelligence (AI)-Inspired Stocks

The Motley Fool

Arguably no trend has been hotter on Wall Street over the last year and change than artificial intelligence (AI). Put simply, AI allows software and systems to oversee tasks that would normally be assigned to humans. The game-changing growth potential AI brings to the table has everything to do with software and systems being able to learn without human intervention.

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A Russell 2000 Bull Market Is Coming: 1 Unstoppable Vanguard ETF to Buy Hand Over Fist

The Motley Fool

The Russell 2000 features approximately 2,000 of America's smallest listed companies. At Tuesday's close, the index has surged by a whopping 10.3% since July 1, crushing the widely followed S&P 500 , which is trading flat since then. Investors are predicting the U.S. Federal Reserve will cut interest rates three times before the end of 2024 thanks to favorable inflation and unemployment data.

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