Mon.Oct 02, 2023

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Why Plug Power, Bloom Energy, and Nikola All Dropped Like a Rock Today

The Motley Fool

What happened Hydrogen-related stocks had a rough day on Monday as downgrades and higher interest rates hit many energy-related stocks. As the cost of financing goes higher, it makes it harder to finance projects like utility-scale hydrogen assets or new hydrogen-powered trucks, so it's not surprising these stocks are down. Shares of Plug Power (NASDAQ: PLUG) fell as much as 10.5%, Bloom Energy (NYSE: BE) fell 9.7%, and Nikola (NASDAQ: NKLA) dropped 10.2% in Monday's trading, according to data p

Financing 246
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Tiny closes majority acquisition of film platform Letterboxd

PE Hub

Letterboxd, a global social platform for film discovery and discussion based in Auckland, New Zealand The post Tiny closes majority acquisition of film platform Letterboxd appeared first on PE Hub.

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Why Fisker Stock Popped, but Canoo and VinFast Dropped Today

The Motley Fool

What happened It's Monday, and shares of electric vehicle stocks are on the move again -- in opposite directions. As of 10:20 a.m. ET, shares of luxury EV maker Fisker (NYSE: FSR) are stomping the accelerator and racing 6.5% higher, while rival Canoo (NASDAQ: GOEV) is heading in the other direction -- down 6.5%. Meanwhile, VinFast Auto (NASDAQ: VFS) is winning the race to the bottom and rolling downhill 12.5%.

Debt 246
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Jeff Zucker-led RedBird IMI invests in Front Office Sports

PE Hub

'Audiences are more interested than ever in the business of sports,' said Zucker, former president of CNN Worldwide and CEO of NBCUniversal. The post Jeff Zucker-led RedBird IMI invests in Front Office Sports appeared first on PE Hub.

Investing 205
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1 Reason, Among Many, Investors Prefer Home Depot Over Lowe's

The Motley Fool

Fool.com contributor Parkev Tatevosian highlights one of the reasons investors are willing to pay higher valuations for Home Depot (NYSE: HD) stock compared to its main rival, Lowe's (NYSE: LOW). *Stock prices used were the afternoon prices of Sept. 30, 2023. The video was published on Oct. 2, 2023. 10 stocks we like better than Home Depot When our analyst team has a stock tip, it can pay to listen.

Investors 246
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Advent, Warburg Pincus complete acquisition of Baxter’s BPS biz

PE Hub

BPS business will operate under the name Simtra BioPharma Solutions. The post Advent, Warburg Pincus complete acquisition of Baxter’s BPS biz appeared first on PE Hub.

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AEA-backed SiteLogIQ pursues more add-ons

PE Hub

AEA acquired SiteLogIQ in 2020 from Oaktree and bought it's first add-on, EV charging station installer Ikon EFS, in June. The post AEA-backed SiteLogIQ pursues more add-ons appeared first on PE Hub.

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Your Mortgage Is in Underwriting. Does This Mean You'll Definitely Get Your Loan?

The Motley Fool

Image source: Getty Images Getting a mortgage to buy a house can be a long and complicated process. You first need to shop around for mortgage quotes, then you need to submit an application for pre-approval. Your lender will review your financial info, offer you a rate, and you can move forward with the full application. When you've submitted your full application, including details on the house you are buying, your loan goes to underwriting.

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Bridge Growth’s Alok Singh says strategics are in the driver’s seat as the firm completes sale of Accedian to Cisco

PE Hub

Bridge Growth Partners closes its sale of Accedian to Cisco; Chicago’s Hughes & Company is backing a healthcare data management provider; and Boston’s Bain Capital is marking its first investment in Vietnam. Also, a story about AEA Investors’ pursuit of add-ons for its portfolio company SiteLogIQ. The post Bridge Growth’s Alok Singh says strategics are in the driver’s seat as the firm completes sale of Accedian to Cisco appeared first on PE Hub.

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Aramark Stock Appears to Be Down Big Today: Here's What's Really Going On

The Motley Fool

What happened Aramark (NYSE: ARMK) has spun off its uniform and workplace supply unit into a new company. The deal is done, but some stock-tracking services have been slow to adjust, which is causing Aramark shares to appear to be down nearly 30% on Monday morning. Long-term investors need not worry about the drop. So what Aramark has established itself as a key vendor to universities, sports teams, and large companies, providing uniforms, cleaning services, venue management, and food services t

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TPG buys Forcepoint’s Global Governments and Critical Infra unit

PE Hub

Forcepoint is a cybersecurity company based in Austin. The post TPG buys Forcepoint’s Global Governments and Critical Infra unit appeared first on PE Hub.

Companies 197
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Why 3M Stock Lost 12% in September

The Motley Fool

What happened It had already been a rough year for 3M (NYSE: MMM) heading into September, and the stock continued to swoon as the company warned of sluggish growth heading into 2024. The macroeconomic environment also seemed to worsen after the Federal Reserve promised to keep benchmark interest rates higher for longer following its September meeting.

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Bridge Growth’s sale of Accedian to Cisco closes today in challenging exit environment

PE Hub

'Strategics are in the driver’s seat today,' says Alok Singh, the CEO and co-founder of Bridge Growth Partners. The post Bridge Growth’s sale of Accedian to Cisco closes today in challenging exit environment appeared first on PE Hub.

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Bank of America's CEO Says There Won't Be a Recession. Time To Buy the Stock?

The Motley Fool

Arguably, no stock trading sector is more sensitive to the economic cycle than the banking sector. Banks, after all, are at the center of business activity making loans for capital projects or mortgages, and taking on more deposits as the economy grows. If the economy changes (for good or bad), banks are one of the first stocks to see the effects. Given all the economic volatility of the past few years, it's gotten tougher to tell which way the economy is really going.

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Bain Capital agrees to invest $200m in Masan Group

PE Hub

Masan is Bain Capital's first investment in Vietnam. The post Bain Capital agrees to invest $200m in Masan Group appeared first on PE Hub.

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Airbnb's CEO Wants a Customer Do-Over

The Motley Fool

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. Get ready for Airbnb's extreme makeover: home rental edition. In an interview with Bloomberg , CEO Brian Chesky laid out plans to renovate the company that has been rocked by user dissatisfaction, stiff competition, and tight restrictions in the short-term rental market.

Companies 245
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Advent-backed Imperial Dade buys Janton Company and G&L Supply

PE Hub

Janton is a janitorial product distributor throughout Ohio. The post Advent-backed Imperial Dade buys Janton Company and G&L Supply appeared first on PE Hub.

Companies 155
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5 Signs Your Airline Credit Card Is a Waste of Money

The Motley Fool

Image source: Getty Images I've had a number of airline credit cards over the years. A couple of those credit cards still have a place in my collection, but others…not so much. It's not that there was anything wrong with those cards, but they simply weren't right for me at the time. Like me, you may have a cobranded airline card or two hanging out in your wallet.

Debt 243
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NewHold’s Prime AE picks up Jacobi, Toombs & Lanz

PE Hub

JTL is an integrated engineering, survey and construction services company. The post NewHold’s Prime AE picks up Jacobi, Toombs & Lanz appeared first on PE Hub.

Companies 152
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Is It Time to Buy the Dow Jones' 3 Worst-Performing September Stocks?

The Motley Fool

The Dow Jones Industrial Average (DJINDICES: ^DJI) has missed out on the broad-market rally this year as tech stocks have surged amid excitement around artificial intelligence and a rebound from last year's sharp sell-off. After falling 3.5% in September, the blue chip index is now up just 1% year to date. However, the best times to buy stocks tend to be when they are out of favor.

Companies 243
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Hughes & Company invests in Health Data Innovations

PE Hub

Health Data Innovations is a healthcare data integration software provider. The post Hughes & Company invests in Health Data Innovations appeared first on PE Hub.

Companies 148
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What Nvidia, Broadcom, and Tesla Stock Investors Should Know About Recent Updates

The Motley Fool

In today's video, I discuss recent updates impacting Nvidia (NASDAQ: NVDA) , Broadcom (NASDAQ: AVGO) , Tesla (NASDAQ: TSLA) , and other tech companies. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the market prices of Oct. 2, 2023. The video was published on Oct. 2, 2023. 10 stocks we like better than Nvidia When our analyst team has a stock tip, it can pay to listen.

Investors 242
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Advent-backed Imperial Dade acquires Eugene Allard division

PE Hub

Eugene Allard Produits d’Emballage et d’Entretien is a division of the Eugene Allard family of companies. The post Advent-backed Imperial Dade acquires Eugene Allard division appeared first on PE Hub.

Companies 143
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Why RTX Stock Lost Altitude in September

The Motley Fool

What happened RTX (NYSE: RTX) has quantified the financial hit from a massive recall of one of its most popular aircraft engines, and investors felt the pain along with the company, as its shares fell 16.4% in September, according to data provided by S&P Global Market Intelligence. So what The company, which until recently was known as Raytheon Technologies, is an aerospace conglomerate with businesses including Pratt & Whitney aircraft engines.

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Tecum Capital invests in The Lewis Group

PE Hub

The Lewis Group is an environmental and industrial service provider. The post Tecum Capital invests in The Lewis Group appeared first on PE Hub.

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It's Fall, and Sam's Club Is Throwing an Online Clearance Sale to Celebrate

The Motley Fool

Image source: Getty Images It's October, and before you know it, pumpkin spice will be in the air. Even if you're not a fan of pumpkin spice, chances are, there's something about fall that you enjoy. As we checked out all that Sam's Club has to offer this month, we were struck by the number of deep discounts that can leave more cash in your savings.

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10 Quotes That Shaped My Investment Philosophy

The Big Picture

We all love to use quotations in our arguments. It’s both an appeal to higher authority as well as social proof ( Hey! I’m not the only one who believes this stuff ). I find it useful occasionally to go back to first principles and reconsider the sources that have influenced my thinmking. Along those lines, here are in chronological order, the thinkers who have helped shape how I view the world view, including how I philosophically think about the economy, markets, and investing.

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3 of the Best Things You Can Do With Your First Paycheck

The Motley Fool

Image source: Getty Images So you've graduated college and, after several months of interviews, landed your first job. Congrats! That's a big milestone. And while it's not easy to adjust to a full-time work schedule, the arrival of your first paycheck should make all of that hard work worthwhile. If this is the first time you're looking at a sizable paycheck, you may be tempted to go out and spend that money on a host of items on your wishlist.

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ESG ratings: whose interests do they serve?

Financial Times: Moral Money

Regulators and politicians are focusing on the accuracy, transparency and potential for conflicts of interest with sustainability scores

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Google Confirms It's a Big Broadcom AI Chip Customer -- But for How Long?

The Motley Fool

A recent report from technology news outlet The Information suggests that Alphabet 's (NASDAQ: GOOGL) (NASDAQ: GOOG) lead business unit Google is a big customer of semiconductor giant Broadcom (NASDAQ: AVGO) -- and that Google has discussed parting ways with Broadcom. The same day the rumor mill started cranking, a Google spokesperson said its engagement with Broadcom was unchanged, and that Broadcom "has been an excellent partner.

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Tech Workers Are Paying Up to $900 a Month for Tiny Bed 'Pods' in San Francisco

Entrepreneur - VC

For $900 a month, tech workers and startup founders looking to save money in San Francisco have moved into bunk bed-like "pods." Read more about pod living, here.

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Why Ebet Stock Is Plummeting Today

The Motley Fool

What happened Ebet (NASDAQ: EBET) stock is seeing big sell-offs in Monday's trading. The online-gambling specialist's share price was down 27.4% as of 10:30 a.m. ET, according to data from S&P Global Market Intelligence. Ebet published a press release after the market closed on Friday, announcing that it was moving ahead with a reverse stock split.

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Walgreens' Battle Over High-Tech Cooler Doors Heats Up

Entrepreneur - VC

Walgreens and Cooler Screens are embroiled in a legal dispute over the failure of digital screens, with Cooler Screens suing Walgreens for obstructing a nationwide rollout.

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Apple's Headset Could Incorporate "Real-Time Social Intelligence"

The Motley Fool

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. Apple has promised lots of new features in its upcoming Vision Pro mixed-reality headset. According to a recent patent, the headset may make it easier to have conversations with real-life people.

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