GOBankingRates

Identifying the next game-changing investment opportunity is the holy grail for investors. Alex Adekola, CEO of ReadyAdjuster.com, and Samuel Davis, CEO of London Gardeners, lived that dream when they...

I Made a Fortune Off Amazon: Here Are 4 Companies You Should Invest In Now

Attendees will gain invaluable insights from industry leaders who have a proven track record of successful investments and guiding companies to new heights. This session promises to be a game-changer for startups at any stage, offering practical advice on how to secure that crucial Series A funding, even if your journey has faced some bumps along the way. Learn how sector-specific factors, founder profiles, and market momentum can influence your fundraising success in today’s dynamic market.

Elevate your 2025 fundraising strategy at Disrupt 2024

But established, brand-name firms are still able to raise large funds. On Friday, Kleiner Perkins announced that it closed on more than $2 billion in fresh capital across two funds, a slight increase from the 52-year-old firm’s $1.8 billion previous fundraise in early 2022. Other prominent firms that successfully...

Kleiner Perkins announces $2 billion in fresh capital, showing that established firms can still raise large sums

Fortune

Good morning. Amazon’s market cap exceeded $2 trillion for the first time on Wednesday, as its CFO is betting big on AI use—both for potential clients and internally. Amazon shares this year are up nearly 30%—and over the previous 12 months up almost 50%. Earlier in 2024, Alphabet’s market cap hit $2 trillion, but both firms still trail Microsoft, Apple, and Nvidia, all of which are worth more than $3 trillion. (Bank of America just raised its price target for Amazon shares to $220 from $210.)

Amazon’s market cap hits $2 trillion as its CFO keeps an eye on AI—and cutting costs

In the past month, branches from major American banks such as Wells Fargo, Chase, and Bank of America have shut down across various states. This wave of closures comes as many customers manage their finances online, reducing the need for physical bank locations. In just six weeks, 79 branches of...

Bank of America and Wells Fargo Among 79 Banks Closing Branches as Customers Shift to Online Banking

The Ripple lawsuit might be finally approaching its long-awaited resolution. According to Ripple CEO Brad Garlinghouse, his company is approaching the very end of its long-lasting legal battle with the SEC. "Why did the SEC go after XRP kind of first…? You know, in some ways, you look at that...

Ripple CEO Names Most Important Date for XRP Holders

Evidence for this was apparent during Mobile World Congress in Barcelona earlier this year, as time and time again your TechCrunch reporter bumped into Northern European VCs scouting startups on the “Iberian peninsula” (Spain and Portugal). These young companies bring a killer combination that VCs love: significantly lower operating costs and far less punchy valuations.

As Spain gets its latest VC fund, Southern Europe appears to be on a roll

Several billionaire hedge fund managers sold shares of Nvidia in the first quarter, and they redeployed capital over other artificial intelligence stocks. Alphabet is using its new artificial intelligence model, Gemini, to create monetization opportunities across its advertising and cloud computing businesses. Snowflake recently launched Cortex, a cloud service that...

Billionaires Were Selling Nvidia Stock (Before the Stock Split) and Buying 2 Artificial Intelligence (AI) Stocks Instead

Salesforce's growth is slowing, but it's still expanding at an impressive rate. The company has transformed into a profitable cash-flow generator. After its recent tumble, the stock is cheap relative to the company's cash flow. This tech stock trades at a discounted valuation as it enters a new era. Salesforce...

3 Reasons to Buy Salesforce Stock Like There's No Tomorrow

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NewSantaAna

The FBI has seen a rise in scams targeting timeshare owners. In this kind of scam, criminals con these part-time property owners into shelling out hefty sums of cash, all under false pretenses related to their timeshare properties.

FBI warns that Mexican cartels are targeting Americans with timeshare scams

The Motley Fool

These stocks have jumped impressively following their latest earnings reports, and they could soar higher thanks to AI.

2 Artificial Intelligence (AI) Stocks That Could Go Parabolic

Entrepreneur

Nvidia had to work to keep these long-term, multi-millionaire employees motivated.

Employees Who Worked at This Company for the Past 5 Years Are Now Multi-Millionaires in 'Semi-Retirement'

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

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Total Apex Sports & Entertainment

Some zodiac signs love the mystery that darkness brings while others fear it. Yet, it is part of life. Occult is often associated with the dark. Certain individuals become more vibrant at dusk. Still, some ruling planets influence people to possess some mysterious traits.

4 Zodiac Signs Who Are Attracted to Darkness

Artificial intelligence is the investing theme of the year, and the so-called "smart money" is snapping up shares. Following where the smart money goes is useful, but don't get too hung up. Fund managers can make bad bets. Each company has something unique to capture value from the AI revolution.

Billionaires Just Poured About $67 Billion Into These 5 Artificial Intelligence (AI) Stocks

Jio’s revised pricing structure, effective July 3, sees its entry-level Rs 155 ($1.87) plan, offering 2GB of data and unlimited calls, increase to Rs 189. Similarly, a plan providing 1GB of daily data usage will rise from Rs 209 to Rs 249. Jio is raising prices of its two-month, three-month, annual, postpaid and data add-on plans as well.

Reliance Jio kicks off Indian telecom price hike

Am I the only one whose head is spinning from all of the transpo news this week? Reminder, it’s only Thursday morning. Let’s jump in!. Oh wait, before I do that, one housekeeping item: We will not have a newsletter next week due to the July 4 holiday. See ya July 11!

VW taps Rivian in $5B EV deal and the fight over Fisker’s assets

Investing.com - The report that the US government transferred approximately 3,940 BTC worth around $241 million to Coinbase (NASDAQ:COIN) has added a new pressure element to the crypto market. After gaining the authority to take action regarding the Bitcoin it had seized, the US government continues to transfer cryptocurrencies to...

Bitcoin transfer by the U.S. government to Coinbase sparks market speculation

Los Angeles, CA

L.A. TACO

The streets of MacArthur Park were alive with the energy of L.A.'s Mexican community on Sunday. In a grand display of civic duty, Mexican citizens living in Los Angeles flocked to the Mexican Consulate, eager to cast their historic vote.

Thousands Line Up at L.A.’s Mexican Consulate To Cast Their Historic Vote for Mexico’s First Woman President

Demand for AI applications has lifted Palantir's revenue growth. An ample potential market opportunity could drive growth for years. A high starting valuation and a small revenue base make a trillion-dollar valuation challenging. The stock's 300% run since 2023 has investors thinking big about the future. Software company Palantir Technologies...

Will Palantir Technologies Be a Trillion-Dollar Stock by 2030?

A filing with the SEC shows that the AI Fund’s second fund, AI Venture Fund II, has so far amassed $69.75 million from 13 partners — leaving around $50 million to be invested. The AI Fund’s PR declined to comment. Ng, the founder of the Google Brain...

Andrew Ng plans to raise $120M for next AI Fund

NewsBreak

Plaid, once aimed at mostly fintechs, is growing its enterprise business and now has over 1,000 customers signed on

Plaid got its start as a company that connects consumer bank accounts to financial applications but has since been gradually expanding its offerings to also include...

Plaid, once aimed at mostly fintechs, is growing its enterprise business and now has over 1,000 customers signed on

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