Sat.Mar 09, 2024

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Is SoundHound AI Stock a Buy Now?

The Motley Fool

SoundHound AI (NASDAQ: SOUN) stock has been on fire over the past month, with astounding gains of 254%, and Nvidia has played a big role in this stunning surge. Investors rushed to buy SoundHound AI stock hand over fist after Nvidia disclosed a stake in the company. However, SoundHound AI's eye-popping run came to a halt following the release of its fourth-quarter 2023 results, which were released on Feb. 29.

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Baanx Raises $20M in Series A Funding

FinSMEs

Baanx, a London, UK-based provider of payment services such as traditional credit cards and cryptocurrencies, raised $20m in Series A funding. Backers included Ledger, Tezos, Chiron, and British Business Bank. The company, which has raised a total of $30+ million so far, intends to use the funds to expand operations, its business reach and devleopment efforts. […] The post Baanx Raises $20M in Series A Funding appeared first on FinSMEs.

Funds 113
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2 Cannabis Stocks to Buy Hand Over Fist in March

The Motley Fool

Investing in cannabis isn't easy. It requires a lot of patience. While the majority of Americans are in favor of legalizing marijuana, that doesn't mean that regulators have made it a priority to work on legislation or to push marijuana bills through Congress. While the assumption is that nationwide legalization will eventually come, it's anyone's guess when that might actually happen.

Legal 246
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Kering and EssilorLuxottica among suitors for eyewear maker Marcolin

Financial Times M&A

Italian company has been put up for sale by PE owners

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38% of U.S. Workers Performed Freelance Work in 2023. Should You Join Them and Give Freelancing a Try, Too?

The Motley Fool

Image source: Getty Images Many workers seek ways to make a living while maintaining flexible schedules. That isn't always possible when working a traditional job. Freelance work is one solution that has become more popular over the years. A recent study by Upwork, a freelancing platform, found that 64 million Americans performed freelance work last year.

Taxes 246
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TP ICAP separates data unit following investor pressure

Financial Times M&A

Parameta Solutions registered as standalone company in preparation for potential listing or sale

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KKR Completes Acquisition of Remaining 37% of Global Atlantic

KKR

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.

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Here's the Average Social Security Benefit at Age 62

The Motley Fool

For many Americans, Social Security income is a necessity. More than two decades of annual surveys from Gallup have shown that between 80% and 90% of retirees rely on their monthly check to cover at least some portion of their expenses. Furthermore, the Center on Budget and Policy Priorities estimates that poverty rates for adults aged 65 and above have been reduced by nearly 75% (compared to if the program didn't exist) thanks to the guaranteed monthly benefit that Social Security provides elig

Taxes 246
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KKR Launches New Digital Global Education Platform for Financial Advisors and Individual Investors

KKR

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.

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The Artificial Intelligence (AI) Market Could Soar 820% by 2030: 2 AI Growth Stocks to Buy Now and Hold Long-Term

The Motley Fool

Artificial intelligence (AI) spending across hardware, software, and services totaled about $200 billion last year, according to Grand View Research. But that figure is expected to soar 820% to exceed $1.8 trillion by 2030. In other words, the AI market is forecast to compound at 37% annually through the end of the decade. Many companies will benefit from that rising tide, but Cloudflare (NYSE: NET) and ServiceNow (NYSE: NOW) stand out because they have strong footholds in relevant markets.

Financing 246
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KKR & Co. Inc. to Announce Fourth Quarter 2023 Results

KKR

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.

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1 Stock-Split ETF That Could Turn $200,000 Into $1 Million in 10 Years, With Nvidia's Help

The Motley Fool

BlackRock manages $10 trillion worth of assets on behalf of its clients, making it the largest company of its kind in the world. It invests in everything from residential and commercial real estate to America's largest technology companies in order to help its clients meet their financial goals. BlackRock is also the parent company of iShares, which manages more than 1,400 exchange-traded funds (ETFs) designed to place a variety of asset classes at the fingertips of investors of all skill levels

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KKR acquires two Multi-Family blocks at Wembley Park from Quintain

KKR

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.

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Is Zscaler Stock Still a Top Cybersecurity Buy for 2024?

The Motley Fool

After a huge one-year rally, share prices of Zscaler (NASDAQ: ZS) have hit some bumps in the road. That's not to say the cloud-native cybersecurity leader is performing poorly, though. On the contrary, the company is doing quite well, although its growth does continue to moderate. I remain optimistic for Zscaler and its cloud security peers, but is this still a top cybersecurity stock buy for 2024 and beyond?

Returns 246
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KKR & Co. Inc. Reports Fourth Quarter 2023 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its fourth quarter 2023 results, which have been posted to the Investor Center section of KKR’s website at [link] This press release features multimedia. View the full release here: [link] A conference call to discuss KKR’s financial.

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Is Social Security a Gigantic Ponzi Scheme? The Answer May Surprise You.

The Motley Fool

There isn't a social program in this country that improves the financial well-being of Americans quite like Social Security. According to an analysis conducted by the Center on Budget and Policy Priorities using data from the U.S. Census Bureau, nearly 22.7 million people are lifted above the poverty line every year by the guaranteed payments Social Security provides.

Legal 246
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KKR to Present at the Bank of America Securities Financial Services Conference 2024

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Robert H. Lewin, Chief Financial Officer, will present at the Bank of America Securities Financial Services Conference 2024 on Wednesday, February 21, 2024 at 10:30AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For.

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Ready to Invest in Artificial Intelligence (AI)? 2 Nvidia Alternatives

The Motley Fool

The broad surge of interest in artificial intelligence (AI) has been boosting the stock market for more than a year now, stretching back to OpenAI's release of the ChatGPT chatbot in November 2022. Since then, a handful of early leaders in AI technology have soared into the stratosphere. AI accelerator chips drove Nvidia 's stock more than 410% higher in 16 months.

Investing 246
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KKR’s Henry McVey Says Leading Family Offices Plan to Allocate More to Alternatives in 2024

KKR

New Asset Allocation Report Based on Proprietary Survey Highlights the Growth Ambitions of Family Offices NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today released “Loud and Clear,” a new Insights piece by Henry McVey, CIO of KKR’s Balance Sheet and Head of Global Macro and Asset Allocation (GMAA). Based on a proprietary survey of more than 75 Chief Investment Officers.

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Berkshire Hathaway's Latest

The Motley Fool

In this podcast, Motley Fool analyst Jason Moser and host Deidre Woollard discuss: Why Berkshire Hathaway doesn't pay a dividend. If utility businesses are in trouble. What a mountain of cash means for the insurance business. Ken Costa, author of The 100 Trillion Dollar Wealth Transfer , explains how a sea change in wealth could impact the world's financial future.

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KKR Leads Financing for Clarience Technologies’ Acquisition of Safe Fleet

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that it served as Lead Arranger, Administrative Agent, and investor on a debt financing for Clarience Technologies’ Acquisition of Safe Fleet. KKR invested in the transaction through its credit vehicles and accounts. KKR Capital Markets acted as Left Lead Arranger and Joint Bookrunner on the transaction.

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2 Stocks Warren Buffett Says He's Not Selling. Should They Be Your Next Buys?

The Motley Fool

One of the secrets to Warren Buffett's investing success is holding on to stocks for the long term. Though Buffett may have "missed out" on certain stocks that have soared overnight, he's also avoided the major losses of some of the market's former highfliers. The chairman of Berkshire Hathaway has proven his strategy is one shareholders can count on to deliver excellent performance over the long term.

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KKR to Acquire Broadcom’s End-User Computing Division

KKR

MENLO PARK, Calif.--(BUSINESS WIRE)-- KKR today announced the signing of a definitive agreement with Broadcom Inc. (NASDAQ: AVGO) to acquire its End-User Computing Division (the “EUC Division”) in a transaction valued at approximately $4 billion. Upon closing of the transaction, the EUC Division will become a standalone company, with greater access to growth capital and a dedicated strategic.

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A Once-in-a-Decade Investment Opportunity: 1 Artificial Intelligence (AI) Stock to Buy Now and Hold Long-Term

The Motley Fool

A recent survey from Morgan Stanley identified artificial intelligence (AI) as the IT product category likely to see the largest spending increase in 2024. Despite that enthusiasm, businesses have only started to reap the benefits of what could be the most transformative technology in years. Indeed, billionaire hedge fund manager Dan Loeb recently compared AI to the Industrial Revolution, and he wrote the following in a note to clients: We have watched AI evolve and believe the technology has ma

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KKR Appoints Ruchir Swarup as Chief Information Officer

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced the appointment of Ruchir Swarup as a Partner and Chief Information Officer, effective immediately. In this role, Mr. Swarup will be responsible for driving KKR’s technology strategy and vision. Based in New York, Mr. Swarup will lead the firm’s efforts to embrace new technologies and scale existing technology to create efficiencies and reduce.

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2 Stocks That Cut You a Check Each Month

The Motley Fool

As an investor, it doesn't get much better than receiving a dividend check. After all, that's about as passive as income can get. Dividends are typically paid every quarter, but some stocks pay you every month. If you're a retiree or someone else who depends on dividend income to support yourself, getting paid monthly is ideal. Most bills are paid monthly, like rent or a mortgage, utilities, car payments, and insurance premiums.

Taxes 246
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KKR Announces Intra-Quarter Monetization Activity Update for the Fourth Quarter

KKR

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.

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Does Your Small Business Need a New Credit Card This Year?

The Motley Fool

Image source: Getty Images Are business credit cards on your radar? Perhaps they should be. If you're self-employed, own a small business, or even just work a side hustle as a ride-hailing driver, you're allowed to open one. They're pretty popular, especially since they are more accessible than other forms of funding to start a business (such as loans).

Taxes 245
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KKR Completes Acquisition of Remaining 37% of Global Atlantic

KKR

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.

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This Is the Average Social Security Benefit for Age 65

The Motley Fool

When can you retire? It's a question most everyone asks themselves in their working years. And in almost every case, the answer is ultimately a matter of money -- you need a minimum amount of it to live on in retirement. To have it then, of course, you need to earn it now. The chief challenge: It's not easy to predict future income based on your current earnings and your current rate of return on your savings.

Funds 245
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KKR Launches New Digital Global Education Platform for Financial Advisors and Individual Investors

KKR

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.

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History Says the Nasdaq Will Soar in 2024: Here Are My Top 5 "Magnificent Seven" Stocks to Buy Before It Does

The Motley Fool

Since stocks began trading on the Nasdaq roughly 50 years ago, the index has only produced negative annual returns 14 times. Over the last 20 years, the index has dropped by at least 30% on three occasions: 2002, 2008, and 2022. Interestingly, following the precipitous declines of 2002 and 2008, the Nasdaq rallied for consecutive years thereafter. Between 2003 and 2007, the Nasdaq returned an average of 16% per year.

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KKR & Co. Inc. to Announce Fourth Quarter 2023 Results

KKR

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.

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Better AI Stock: AMD vs. Nvidia

The Motley Fool

Whether you're a casual investor or trade professionally, you're likely aware of the boom in artificial intelligence (AI) that kicked off last year. The launch of OpenAI's ChatGPT reignited interest in the technology, leading countless tech companies to pivot their businesses toward the high-growth sector. As a result, the AI market is projected to expand at a compound annual growth rate of 37% through 2030, which will see it hit just under $2 trillion.

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