Thu.Apr 04, 2024

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What's Next for Energy Transfer Stock and Its 8% Dividend Yield?

The Motley Fool

Since the start of 2022, Energy Transfer (NYSE: ET) has increased its distribution every quarter. However, everything has not always been smooth for the company. In fact, back in 2020, the midstream company slashed its distribution in half. So, what's in store for Energy Transfer's stock and its distribution? First, let's first look at what the company does and how it grows its distribution.

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Völur Closes $2.85M Funding; Appoints Anna Turvoll as CEO

FinSMEs

Völur, an Oslo, Norway-based global software company that develops AI technology to optimize the meat industry and make it more sustainable, raised $2.85M in funding. Backers included Serra Ventures, York IE, Saria, and existing investors Idékapital, Fusion Fund, and Fortress Fund. The company intends to use the funds to expand operations and its business reach.

Funds 113
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Home Depot Is Joining Warren Buffett in Betting on a Housing Surge. Here's Why It's a Brilliant Move.

The Motley Fool

It's been a rough year for Home Depot (NYSE: HD). The world's largest home improvement chain is managing through a depressed housing market that's impacting almost any business related to real estate. But it's sewing the seeds of recovery. Last week, it announced that it's acquiring a company targeting the pro community. Here's why it's a brilliant move.

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Aerospike Closes $109M in Growth Funding

FinSMEs

Aerospike, a Mountain View, CA-based provider of real-time vector and graph databases, raised $109M in growth funding. Backers included Sumeru Equity Partners with additional investment from existing investor Alsop Louie Partners. George Kadifa, Sumeru Co-Founder and Managing Director, will also join Aerospike’s board as part of the transaction.

Funds 109
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Why eBay Stock Went Up 12% Last Month

The Motley Fool

Shares of online marketplace eBay (NASDAQ: EBAY) were up 11.6% in March, according to data provided by S&P Global Market Intelligence. While there wasn't a specific catalyst in March, the company reported full-year financial results for 2023 in late February. And some analysts weighed in positively about eBay stock in March in light of its 2023 report.

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Ellipsis Labs Raises $20M in Series A Funding

FinSMEs

Ellipsis Labs, a NYC-based company that develops the on-chain Phoenix exchange, raised $20m in Series A funding. The round was led by Paradigm with participation from Electric Capital. The company intends to use the funds to accelerate its efforts to build its DeFi products. Co-founded by Eugene Chen and Jarry Xiao, Ellipsis Labs aims to create […] The post Ellipsis Labs Raises $20M in Series A Funding appeared first on FinSMEs.

Funds 109

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Manifold Raises $15M in Series A Funding

FinSMEs

Manifold, a Newton, MA-based provider of an AI-powered clinical research platform, raised $15M in Series A funding. The round was led by TQ Ventures, with participation from new investors Calibrate Ventures and SK Ventures, Dr. Sachin H. Jain, and existing investors including TTCER Partners. Additional investors and advisors included Dr. Gaurav Singal, former Chief Data Officer, Foundation […] The post Manifold Raises $15M in Series A Funding appeared first on FinSMEs.

Funds 109
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Meta Platforms Stock Has 15% Upside, According to 1 Wall Street Analyst

The Motley Fool

Facebook and Instagram owner Meta Platforms (NASDAQ: META) is no stranger to strong advertising growth and that is helping fuel its outstanding returns, especially lately. But even after explosive gains over the last year, analysts at Wells Fargo like the company's prospects enough to maintain an overweight (buy) rating on the shares. The firm slightly trimmed its price target from $609 to $600, but the new 12-month target still shows an upside of 15% over the current share price of $520.

Prospects 189
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Biolinq Raises $58M in Funding

FinSMEs

Biolinq, a San Diego, CA-based healthcare technology company, raised $58M in funding. The round was led by Alpha Wave Ventures, with participation from Niterra’s corporate venture capital fund jointly operated with Pegasus Tech Ventures and existing investors RiverVest Venture Partners, AXA IM Alts, Global Health Investment Corporation, Aphelion Capital, Senvest Management, Features Capital and Taisho […] The post Biolinq Raises $58M in Funding appeared first on FinSMEs.

Funds 108
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3 Smart Ways to Find More Money to Save for Retirement

The Motley Fool

The majority of Americans aren't on track for a comfortable retirement. According to Vanguard data, the average 401(k) has about $112,500 in it, which is just a small fraction of the amount needed to generate a sustainable income throughout a long retirement. If your retirement accounts aren't quite where they should be, it could be a smart move to increase your contribution rates as soon as you can.

Taxes 189
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Scrut Automation Raises $10M in Funding

FinSMEs

Scrut Automation, a Bengaluru, India-based provider of a GRC platform, raised $10M in funding. Backers included Lightspeed, MassMutual Ventures and Endiya Partners. The company intends to use the funds to enhance its platform capabilities, incorporate generative AI use cases to reduce the manual effort for risk and compliance teams, and expand to North American and […] The post Scrut Automation Raises $10M in Funding appeared first on FinSMEs.

Funds 94
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Think Amazon Stock Has Peaked? Here's 1 Chart That Every Investor Needs to See.

The Motley Fool

It's only been three months since the start of 2024 but shares of Amazon (NASDAQ: AMZN) are already up almost 20% year to date. And with this upward move, the stock now sits within a few bucks of its all-time high. This might be surprising for some. But for those who follow Amazon, this was totally predictable. Since it went public nearly three decades ago, there's one financial metric that's predicted Amazon's stock price better than any other.

Investors 188
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Blue Owl Capital to acquire Kuvare AM for $750m

Private Equity Wire

Alternative asset manager Blue Owl Capital is to acquire Kuvare Insurance Services (KAM), a boutique investment management firm focused on providing asset management services to the insurance industry, in addition to Kuvare UK Holdings (Kuvare) for $750m. Blue Owl will fund the KAM acquisition through a combination of $325m in cash and $425m in Blue Owl Class A common stock.

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Why Lamb Weston Holdings Stock Plunged Today

The Motley Fool

Shares of Lamb Weston Holdings (NYSE: LW) fell 19.4% on Thursday after the food processing company announced weaker-than-expected quarterly results. The source of Lamb Weston's disappointing quarter For its fiscal third quarter ended Feb. 25, 2024, Lamb Weston's net sales grew 16% year over year to $1.458 billion, including $357 million of sales from its previous acquisition of its LW EMEA joint venture in Europe.

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Lifesaving Innovation – Brought to You by Private Equity

American Investment Council

Delivering Treatments for Leukemia, Alzheimer’s, Parkinson’s, Heart Disease, HIV, Cancer, Arthritis, Diabetes, and Other Conditions This week, we’re spotlighting how private equity fuels pharmaceutical manufacturers that deliver life saving treatments for patients across our country. Investing $123 Billion to Bring Lifesaving Treatments to Market Over the past ten years, private equity has invested more than $123 billion in pharmaceutical manufacturers.

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Got $1,000? These Hot Growth Stocks Are Screaming Buys Right Now.

The Motley Fool

The one great thing about stock investing is that different types of stocks suit different types of investors. One type is particularly popular nowadays: growth stocks. These are companies that are expected to grow earnings faster than the market average. It's easy to see why growth stocks are popular, too. They give investors the chance to produce market-beating returns and capitalize on a company's future success.

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Brera Partners acquires 70% of GBSAPRI Group shares

Private Equity Wire

Brera Partners, a private equity firm specialising in investments in the asset light financial services sector, has acquired 70% of the shares in Italian insurance broker GBSAPRI Group. Financial details of the transaction have not been disclosed. Headquartered in Rome with nine offices across Italy, GBSAPRI Group was established in 1951 to service SMEs, corporates and the public sector.

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Why Shift4 Payments Stock Dropped Another 20% Last Month

The Motley Fool

Shares of financial-technology (fintech) company Shift4 Payments (NYSE: FOUR) dropped 19.6% in March, according to data provided by S&P Global Market Intelligence. The company has been a rumored acquisition target. And for a brief moment, it looked like a deal would get done. But things fell apart in March, leading to the drop in stock price. On Feb. 28, Shift4 stock soared after a Reuters report said that Amadeus and Fiserv were in a bidding war.

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Glouston Capital Partners nears $450m secondaries fund target

AltAssets

Glouston Capital Partners over halfway to $450m secondaries fund target The post Glouston Capital Partners nears $450m secondaries fund target first appeared on AltAssets Private Equity News.

Capital 83
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One Reason You May Want a Costco Membership -- Even if There's No Store Nearby

The Motley Fool

Image source: Getty Images As of mid-March 2024, Costco maintained 604 warehouse club locations in the U.S. and Puerto Rico. Despite that, you might still happen to live someplace where there's no Costco location anywhere nearby. If you don't live near a Costco store, you might assume that joining is a poor financial decision. But actually, there's one service Costco offers that you may be able to use even if you're not able to make it to the store on a regular basis.

Financing 130
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Neurava Raises $2.26M in Seed Funding

FinSMEs

Neurava, an Indianapolis, IN-based company developing novel and innovative wearable devices, raised $2.26M in Seed funding. The round was led by Life Science Angels and included a second strategic investment from UCB, in addition to support from Purdue Innovates, Elevate Ventures, Rivermount Ventures, and First Leaf Capital. Commenting on the news, CTO Vivek Ganesh said: […] The post Neurava Raises $2.26M in Seed Funding appeared first on FinSMEs.

Funds 83
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Worried Mortgage Rates Will Stay High Forever? Here's How to Buy a Home in Spite of Them

The Motley Fool

Image source: Getty Images It's hardly a secret that mortgages have been expensive to sign since the start of the year. And while rates have fluctuated a bit, they've remained elevated since January. As of this writing, the average rate on a 30-year mortgage is 6.87%, says Freddie Mac. Now in time, mortgage rates are likely to come down. But that may not happen for a while.

Education 130
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Carlyle appoints Independent Director

Private Equity Wire

Global private investment firm Carlyle has appointed Afsaneh M Beschloss, Founder and CEO of global investment firm RockCreek, as an Independent Director on its board of directors. The appointment, which is effective from 1 May 2024, increases Carlyle’s board to 14 members. Dr Thomas S Robertson has indicated to Carlyle that he intends to retire from the board after 12 years and will not stand for reelection at the 2024 annual meeting of shareholders, at which time the board will decrease to 13

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Why PVH Stock Was Tumbling This Week

The Motley Fool

Since stocks overwhelmingly trade more on potential than trailing performance, shares of PVH (NYSE: PVH) were tumbling over the past few days. The company notched beats with its fourth-quarter figures but whiffed on bottom-line guidance. This was followed by a wave of analyst price-target cuts. As a result, the stock's price was down by nearly 24% week to date, as of Thursday night, according to data compiled by S&P Global Market Intelligence.

Banks 130
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McDermott adds PE partner to London transactions practice

Private Equity Wire

International law firm McDermott Will & Emery has appointed Fatema Orjela as a partner in the firm’s transactions practice group in London. Ordeal’s practice focuses on private equity transactions and related advisory matters. Orjela provides strategic counsel to European and US private equity sponsors. She has pan-European cross sector experience in a variety of corporate transactions, including leveraged buyouts, strategic mergers and acquisitions, divestitures, joint ventures,

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Why Dell Technologies Stock Jumped Over 20% Last Month

The Motley Fool

Shares of Dell Technologies (NYSE: DELL) jumped 20.5% in March, according to data provided by S&P Global Market Intelligence. The entirety of this big gain happened on the first day of the month, right after the company released financial results for its fiscal fourth quarter of 2024. To be clear, it's not as if Dell's financial results were necessarily impressive in isolation.

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Apex Group leverage blockchain to open up access to global private market funds

Private Equity Wire

Apex Group has become the first transfer agent and fund service provider to administer regulated securities, using blockchain as the book of record, enabling private market funds to access a more diverse and significantly larger pool of qualified investors. In partnership with Hamilton Lane and Sygnum Bank, Apex Group created a new digital share class of the Hamilton Lane GPA fund, and a DLT registry, to automate and integrate traditionally separate fund administration functions.

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How Much Life Insurance Should You Have as an 80-Year-Old?

The Motley Fool

Image source: The Motley Fool/Upsplash If you're shopping for life insurance at age 80, you won't have as many options as younger adults. Insurers typically don't offer term life insurance , which lasts for a fixed length of time, to people at that age. But you can still find whole life insurance , a permanent policy that pays out upon the policyholder's death.

Debt 130
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Clarion Capital names new PE head as it closes on nearly $670m

AltAssets

Clarion Capital Partners has wrapped up its fourth flagship fund at $667m alongside the promotion of David Ragins to private equity head. The post Clarion Capital names new PE head as it closes on nearly $670m first appeared on AltAssets Private Equity News.

Capital 74
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You Don't Have to Be a Bride to Listen In to This Hodgepodge of Something Old, Something New, Something Borrowed, Something Blue

The Motley Fool

Motley Fool co-founder David Gardner has a lot to share in this episode of Rule Breaker Investing. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video. Where to invest $1,000 right now When o ur analyst team has a stock tip, it can pay to listen.

Investing 130
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The Difference Between Market Timing & Risk Management

A Wealth of Common Sense

Nick Maggiulli joined me again on the show this week to discuss questions relating to giving financial advice to family members, the rent vs. buy decision, how hard it is to become a millionaire and how to diversify your portfolio as you age. Further Reading: The Siren Song of Market Timing The post The Difference Between Market Timing & Risk Management appeared first on A Wealth of Common Sense.

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Is ASML Stock Going to $1,150? 1 Wall Street Analyst Thinks So.

The Motley Fool

Rising 41% over the last year, ultraviolet lithography manufacturer ASML 's (NASDAQ: ASML) stock has continued an incredible run, with its stock price up more than tenfold since 2014. Using ultraviolet light to etch nanoscopic patterns onto silicon wafers for use in semiconductor chips, ASML has mastered the intricate lithography process. This mastery enables the company to hold a two-thirds market share of the more mature deep ultraviolet (DUV) lithography niche and a monopoly on the bleeding-e

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SK Capital Partners rakes in almost $3bn for its largest fund yet

AltAssets

SK Capital Partners wrapped up its sixth flagship fund on $2.95bn, beating a $2.75bn target. The post SK Capital Partners rakes in almost $3bn for its largest fund yet first appeared on AltAssets Private Equity News.

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Has Apple Vision Pro Already Flopped?

The Motley Fool

Apple's (NASDAQ: AAPL) Vision Pro has been out for a couple of months, and the hype around the product seems to have died out completely. People are talking about returning devices, and new content is less than inspiring. In this video, Travis Hoium discusses some of the struggles and why Apple may not have been well positioned to build the VR headset in the first place.

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