The Motley Fool

FEBRUARY 3, 2024

Sports betting stock DraftKings (NASDAQ: DKNG) has been red-hot of late. Shares are up to the tune of 140% for the past 12 months after its wagering app was made available in several new U.S. states. Indeed, the rally's been so strong that some interested investors may be wary of stepping into a new DraftKings position now. Don't be. While this stock is apt to remain volatile in the foreseeable future, the bulk of that volatility is likely to remain bullish.

Legal 246

Legal Prospects Returns Companies 246

Mr. Money Mustache

FEBRUARY 3, 2024

– The other day, an MMM reader stopped by and left the following comment on one of my older posts about the principles of FIRE: “While I still find some of MMM’s advice relevant, it seems like every FI blogger out there worked in tech 20 years ago, pulled down a 6 figure salary and bought a house for a bag of potatoes before 2019. I wasn’t smart enough to find FI when I was young so I sometimes feel like a lot of their advice is not going to help me or others who don’t already own a home a

Stock Market 122

Stock Market Stock Market Returns 122

The Motley Fool

FEBRUARY 3, 2024

For a majority of retired Americans, Social Security represents an indispensable source of income. It's responsible for pulling more than 21.7 million people out of poverty each year (close to 15.4 million of whom are seniors aged 65 and above). Furthermore, national pollster Gallup has shown that between 80% and 90% of annually surveyed retirees rely on their monthly benefit as a "major" or "minor" source of income that helps cover their expenses.

Taxes 246

Taxes Accounting Companies 246

KKR

FEBRUARY 3, 2024

Closer Coordination and Alignment Expected to Further Accelerate Growth of Both KKR and Global Atlantic KKR Announces Other Strategic Initiatives to Benefit Shareholders KKR and Global Atlantic to Host a Conference Call at 10:00 a.m. EST NEW YORK & HAMILTON, Bermuda--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) and Global Atlantic Financial Group LLC (“Global Atlantic” or “GA”) today announced.

Shareholders 40

Shareholders 40

The Motley Fool

FEBRUARY 3, 2024

Many retired Americans have struggled with rising prices in recent years. A survey by the Employee Benefit Research Institute found that 58% of retired workers worry they will have to make substantial spending cuts due to inflation. Naturally, rising prices have drawn attention to Social Security benefits, often the largest source of income in retirement.

Funds 246

Funds 246

KKR

FEBRUARY 3, 2024

Platform Will Focus on Technologies to Detect Lung Cancer, the Leading Cause of Cancer Deaths NEW YORK & MARLBOROUGH, Mass.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced a new platform established with investments from KKR and Hologic, Inc. (Nasdaq: HOLX), a global leader in women’s health and medical technology innovator.

Investment Firms 40

Investment Firms Investing 40

KKR

FEBRUARY 3, 2024

Zurich, 7 December 2023 – KKR, a leading global investment firm, today announced the opening of a new office in Zurich, Switzerland, solidifying its presence in one of the world's most important institutional and wealth management centers. The KKR office opens with individuals representing KKR’s Global Client Solutions team and will also serve as a Swiss base for investment professionals covering the DACH region.

Investment Firms 40

Investment Firms Investing 40

The Motley Fool

FEBRUARY 3, 2024

Last year was a more challenging time for the oil patch than many expected. Crude oil prices cooled off from their war-driven spike in 2022. Lower oil prices weren't what most industry watchers expected when the year started. Last year's unexpected oil market shows just how hard it can be to predict what will happen next in the oil patch. However, that isn't going to stop a few Fool.com contributors from trying.

Bidding 246

Bidding Returns Capital Shareholders 246

KKR

FEBRUARY 3, 2024

MENLO PARK, Calif., Dec. 7, 2023 /PRNewswire/ -- Ajax Health announced today the formation and funding of Cortex, a medical technology company developing an integrated mapping and ablation solution suite for the treatment of atrial fibrillation (AFib), the most common heart rhythm disorder, affecting more than 30 million patients worldwide. Cortex has raised $90 million in funding commitments led by KKR and Hellman & Friedman (H&F) with participation by other investors including AI Life

Companies 40

Companies Investing Funds Investors 40

The Motley Fool

FEBRUARY 3, 2024

After the S&P 500 (SNPINDEX: ^GSPC) fell by over 19% in 2022, the stock market's most popular index has been on an impressive run since the beginning of 2023. It finished 2023 up by over 24%, and the momentum in 2024 has it at an all-time high. The S&P 500's performance has been great news, but it can also cause some investors to question if now's the right time to enter the market or add to their holdings.

Accounting 246

Accounting Financial Services Stock Market Stock Market 246

KKR

FEBRUARY 3, 2024

NEW YORK--(BUSINESS WIRE)-- KKR today announced the appointment of Dane E. Holmes as Chief Administrative Officer (CAO), effective December 29, 2023. As CAO, he will join the firm’s leadership team and oversee and work with the existing leaders of a number of key functions, including KKR’s Human Capital, Communications, Marketing, Sustainability, and Citizenship teams.

Capital 40

Capital 40

The Motley Fool

FEBRUARY 3, 2024

Green Thumb Industries (OTC: GTBIF) and Aurora Cannabis (NASDAQ: ACB) are both popular cannabis stocks, but they compete in different markets and face different sets of challenges, so it's very likely that one will be a better investment than the other this year. But don't take that to mean it's a toss-up as to which has a better chance at performing well.

Legal 246

Legal Returns Capital Investors 246

KKR

FEBRUARY 3, 2024

Henry McVey: Investors Should Approach Markets with a ‘Glass Half Full’ Lens NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released its 2024 Global Macro Outlook by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA).

Assets 40

Assets Investment Firms Investors Investing 40

The Motley Fool

FEBRUARY 3, 2024

Image source: Getty Images Many of us have things we spend money on that we know we really shouldn't. Then there are those things that we spend money on without even thinking about it at all. Having more awareness of your personal finances is a big part of keeping them healthy, so it's wise to take stock of both types of purchases. And the ones that are causing trouble?

Financing 246

Financing Finance 246

KKR

FEBRUARY 3, 2024

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that funds and accounts managed by its credit business have led the purchase of a $7.2 billion portfolio of super-prime recreational vehicle (RV) loans from BMO Bank National Association, part of BMO Financial Group (“BMO”). Concurrently with the sale, BMO purchased approximately $6.4 billion of senior notes.

Portfolios 40

Portfolios Banks Investment Firms Accounting 40

The Motley Fool

FEBRUARY 3, 2024

Prior to the pandemic, Costco (NASDAQ: COST) and Carnival (NYSE: CCL) were both considered resilient blue chip stocks for long-term investors. Costco's warehouse stores generated steady sales growth through economic downturns, and it locked in its shoppers with sticky subscription plans. Carnival, one of the world's largest cruise ship operators, also generated stable sales from a diverse range of travelers and easily bounced back from multiple recessions.

Debt 246

Debt Leveraging Returns Investors 246

KKR

FEBRUARY 3, 2024

Paris, 18 December 2023 - Etche, KKR’s logistics real asset platform in France, has sold a portfolio of five assets located in the Lyon region, with a total area of approximately 29,000 square meters.

Assets 40

Assets Portfolios 40

The Motley Fool

FEBRUARY 3, 2024

After the market tanked in 2022, last year brought renewed optimism from investors, and this resulted in strong recoveries for many of the stocks that suffered most during the bear market. One such business is Uber Technologies (NYSE: UBER). The ride-hailing and delivery platform has seen its shares skyrocket 111% in the last 12 months. This return not only far outpaced the broader Nasdaq Composite index , but it also means Uber is now hitting fresh all-time highs.

Prospects 246

Prospects Returns Investors Portfolios 246

KKR

FEBRUARY 3, 2024

NEW YORK--(BUSINESS WIRE)-- KKR today announced a monetization activity update for the period from October 1, 2023 to December 21, 2023. Based on information available to us as of today, with respect to the period through December 21, 2023, KKR has earned total realized performance income, including realized incentive fees, and total realized investment income in excess of $500 million.

Investing 40

Investing 40

The Motley Fool

FEBRUARY 3, 2024

It wasn't all that long ago that Apple seemed invincible. The iPhone maker was the first publicly traded company in the U.S. to surpass a $1 trillion market cap and has continued to check off succeeding benchmarks seemingly with ease: the first to sail past $2 trillion and $3 trillion, respectively. Over the past year or so, however, competition for the crown has stiffened, and Apple has traded places numerous times with Microsoft (NASDAQ: MSFT) , which currently holds the market cap crown, with

Stakes 246

Stakes Shareholders Companies Investors 246

KKR

FEBRUARY 3, 2024

NEW YORK & HAMILTON, Bermuda--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) and The Global Atlantic Financial Group LLC (together with its subsidiaries, “Global Atlantic”) today announced the closing of the previously-announced transaction in which KKR is acquiring the remaining 37% of Global Atlantic, increasing KKR’s ownership to 100%. This press release features multimedia.

40

40

The Motley Fool

FEBRUARY 3, 2024

Image source: Getty Images Given the ever-changing mortgage interest rates, we thought it would be interesting to find out how much the monthly mortgage payment would be on a $200,000 home. The precise amount would depend on the buyer's down payment, how much they pay for homeowners insurance, and the rate of property tax they're responsible for. To make it a bit clearer, we've broken our calculations down into tables.

Taxes 246

Taxes Accounting Debt Funds 246

KKR

FEBRUARY 3, 2024

Platform to help fill the knowledge gap around the alternatives landscape, which has long served as a barrier to private markets investing NEW YORK--(BUSINESS WIRE)-- Today, KKR, a leading global investment firm, unveiled “KKR Alternatives Unlocked,” a digital platform designed to empower financial advisors and their clients to better understand the alternatives investing landscape.

Education 40

Education Investors Investment Firms Investing 40

The Motley Fool

FEBRUARY 3, 2024

Alphabet 's (NASDAQ: GOOG) (NASDAQ: GOOGL) stock price dropped nearly 8% on Jan. 31 after the tech giant posted its fourth-quarter report. Its revenue rose 13% year over year to $86.31 billion, which exceeded analysts' estimates by $1.04 billion. Its adjusted EPS grew 56% to $1.64 and also cleared the consensus forecast by four cents a share. Those headline numbers looked healthy, but a lot of growth had already been priced into Alphabet's shares before the release of its earnings report.

Returns 246

Returns Investors Portfolios Investing 246

KKR

FEBRUARY 3, 2024

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the fourth quarter 2023 on Tuesday, February 6, 2024, before the opening of trading on the New York Stock Exchange. A conference call to discuss KKR’s financial results will be held on Tuesday, February 6, 2024 at 10:00 a.m. ET.

New York Stock Exchange 40

New York Stock Exchange Stock Exchanges 40

The Motley Fool

FEBRUARY 3, 2024

Right now, only two U.S. companies have market caps greater than $2 trillion, Microsoft and Apple. As of Jan. 31, Nvidia (NASDAQ: NVDA) is the fifth-largest U.S. company (sixth-largest globally) with a $1.5 trillion market cap. So, for Nvidia to reach a $2 trillion valuation in 2024, it would need to grow 33% from its current stock price. Is this out of the question?

Companies 246

Companies Prospects Accounting Returns 246

KKR

FEBRUARY 3, 2024

London, 22 January 2024 – KKR, a leading global investment firm, today announces the acquisition of two high-quality, purpose Build-to-Rent (BtR) multi-family buildings from Quintain, the developer and asset manager behind Wembley Park, for an undisclosed sum.

Asset Management 40

Asset Management Assets Investment Firms Investing 40

The Motley Fool

FEBRUARY 3, 2024

A $1,000 investment made in Micron Technology (NASDAQ: MU) stock three years ago is worth just $1,140 right now, as shares of the memory specialist have underperformed the broader semiconductor sector by a big margin. Micron's 14% jump during this period has been eclipsed by the impressive 58% gain clocked by the PHLX Semiconductor Sector index. That isn't surprising, given that the chipmaker has struggled on account of an oversupply in the memory market, which led to a decline in its revenue an

Accounting 246

Accounting Returns Companies Capital 246

KKR

FEBRUARY 3, 2024

NEW YORK--(BUSINESS WIRE)-- KKR today announced that its private credit funds and accounts have provided a non-recourse accounts receivable financing for Weber LLC (“Weber”), the global leader in outdoor cooking products, innovation, and technology, to support the company’s operations and strategic investments in long-term growth. The initial $200 million facility is collateralized by certain.

Accounting 40

Accounting Collateral Financing Finance 40

The Motley Fool

FEBRUARY 3, 2024

When it comes to dividend investing, the power of compounding is very real. If you remain patient and invest in high-quality dividend stocks, you will be rewarded handsomely over time. In today's video, I will look at seven dividend stocks that combine to average $500+ per month in dividend income. One of those dividend stocks is an ETF, the Schwab US Dividend Equity ETF (NYSEMKT: SCHD).

Returns 246

Returns Portfolios Investors Investing 246

KKR

FEBRUARY 3, 2024

Stockholm and London, 23 January, 2024 – Optio Investment Partners (“Optio”), an innovative credit platform, Kennedy Lewis Investment Management (“Kennedy Lewis”), a leading alternative credit manager, and KKR, a leading global investment firm, today announced a multi-year, multi-jurisdiction agreement. Under this agreement, Kennedy Lewis and KKR will provide asset-based funding to support the Optio Auto Evolution strategy, driving next generation auto financing.

Financing 40

Financing Finance Investing Assets 40

The Motley Fool

FEBRUARY 3, 2024

Berkshire Hathaway CEO Warren Buffett has delivered an astounding 3,787,464% return to shareholders through 2022, so it's certainly a wise move to follow the stocks included in Berkshire's $300-plus billion equity portfolio. Berkshire Hathaway's combined stake in Coca-Cola (NYSE: KO) , Kroger (NYSE: KR) , and Amazon (NASDAQ: AMZN) amounted to over $25 billion at the end of 2023's third quarter.

Mergers and Acquisitions 246

Mergers and Acquisitions Stakes Shareholders Portfolios 246

KKR

FEBRUARY 3, 2024

Fund is largest pan-regional infrastructure fund to have been raised for Asia Pacific More than half of the Fund already invested or committed across ~10 investments HONG KONG--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the final close of KKR Asia Pacific Infrastructure Investors II SCSp (the “Fund”), a US$6.4 billion fund focused on infrastructure-related.

Funds 40

Funds Investors Investment Firms Investing 40

The Motley Fool

FEBRUARY 3, 2024

Walgreens Boots Alliance (NASDAQ: WBA) has a new CEO who isn't afraid to make big moves, like cutting the company's dividend, which it had been growing for decades. There are rumors that a recently acquired business unit could be on the chopping block, and there could be fewer pharmacy retail locations as well. What should investors expect from the company over the course of the next decade, and would investing in the stock now be a good idea?

Assets 246

Assets Returns Companies Investors 246