July 24, 2024
Investment

Elon Musk eyes $5 billion Tesla investment for AI startup xAI

Elon Musk at the Milken Institute’s Global Conference at the Beverly Hilton Hotel on May 6, 2024 in Beverly Hills, California.Photo: Apu Gomes (Getty Images) After announcing that supercluster training has started at his “gigafactory of compute,” Elon Musk is asking if his artificial intelligence startup should get an investment from one of this other

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Investment

Alternative Investment House Buys Stake In $2.6 Billion RIA; M&A Growth Remains Strong

A deal announced yesterday is another example of the vigorous M&A activity that has been a feature of the North American wealth management sector. Private credit specialist Crestline Investors has made a strategic investment in Indiana-headquartered Credent Wealth Management, a $2.6 billion RIA. The move continues a trend of investment houses buying stakes in

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Investment

Russia offers discounts in effort to encourage bidding on investment quotas

The Russian Federal Fisheries Agency (Rosrybolovstvo) is trying again to sell investment crab quotas in an auction after its first auction failed to attract any interest.  Russia began to announce the results of a new round of crab quota auctions in October 2023, granting rights to fish several crab species in multiple subzones in Russia.

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Investment

A Deep Dive Into BetMGM’s Latest Investment and Future Goals

BetMGM, a joint venture between MGM Resorts and Entain, has been making waves in the online betting industry. According to this BetMGM sportsbook review, it’s one of the best operators on the market. This reputation is further bolstered by substantial new funding from Entain, which aims to solidify BetMGM’s market position further and drive its

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Investment

Singapore’s GIC posts weakest investment gains in four years | The Mighty 790 KFGO

By Yantoultra Ngui and Xinghui Kok SINGAPORE (Reuters) – Singapore sovereign wealth fund GIC’s main gauge of investment return posted its weakest growth in four years, and said high interest rates, China economic difficulties and geopolitical tension would keep the investment environment challenging. GIC on Wednesday posted a 3.9% rise in 20-year annualised real return,

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Investment

Alphabet commits to $5B multi-year investment into Waymo

Listen to this article A Waymo robotaxi driving on a highway in Phoenix. | Credit: Waymo Alphabet CFO Ruth Porat said the company is committing to a multi-year investment of up to $5 billion to Waymo during its Q224 earnings call Tuesday. Despite facing struggles last year, GM also invested $850 million more into its

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Investment

AGNC Investment Q2 Earnings Meet, Asset Yield Improves

AGNC Investment Corp.’s (NASDAQ:AGNC) second-quarter 2024 net spread and dollar roll income per common share (excluding estimated “catch-up” premium amortization benefit) of 53 cents matched the Zacks Consensus Estimate. However, the bottom line declined from the 67 cents reported in the previous quarter. Adjusted net interest and dollar roll income of $482 million moved down

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Investment

MPE Partners Announces Investment in LA-CO Industries

CLEVELAND and BOSTON, July 23, 2024 /PRNewswire/ — MPE Partners (“MPE” or “Morgenthaler Private Equity”) announced today an investment in LA-CO Industries (“LA-CO” or the “Company”), a manufacturer of industrial hand-held markers, temperature indicating tools, sterilization inks, plumbing chemicals, and livestock identification products. MPE’s investment positions LA-CO for accelerated growth while ensuring the Company remains an

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Investment

4 Places You Should Never Invest Your Money and Where To Invest Instead

As co-host of The Ramsey Show, money expert George Kamel believes in myth-busting investment advice. In a recent YouTube video, he shares four commonly recommended investments he thinks people should avoid. Some are riskier than their advocates make them seem. Others are relatively safe but less lucrative than other options. Check out Kamel’s reasoning and find

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Investment

How We Rate Investment Platforms

Paid non-client promotion: Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate investing products to write unbiased product reviews. Personal Finance Insider reviews several types of investment platforms

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