Wed.Jun 14, 2023

article thumbnail

Why Nikola Continued to Rocket Higher Today

The Motley Fool

What happened Nikola (NASDAQ: NKLA) shares are continuing their streak higher today. The battery- and hydrogen-electric heavy truck maker's stock has soared more than 70% in just the last week. Today the stock was higher by 14.9% at 10:35 a.m. ET. So what The winning streak began in the days leading up to Nikola's annual shareholder meeting, but additional catalysts have contributed since then.

Capital 279
article thumbnail

Apollo to invest in Intermodal Tank Transport

PE Hub

ITT will continue to be led by President and CEO Jon Hulsey and the existing management team. The post Apollo to invest in Intermodal Tank Transport appeared first on PE Hub.

Investing 218
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Best Stocks to Invest $50,000 in Right Now

The Motley Fool

Building a fantastic investment portfolio requires the right recipe. In the same way a master chef must balance sweet and sour, acid and fat, a portfolio manager must balance growth and value, potential and certainty. So let's imagine a hypothetical scenario: You have $50,000 to invest across only three stocks. While this doesn't strictly adhere to The Motley Fool's philosoph y of investing across 25 or more stocks, it's still a worthwhile thought experiment.

article thumbnail

Auxo acquires manufacturer SOS

PE Hub

Nick Stoner and Dave Rogers, CEO and sales manager for SOS, respectively, will remain in their current roles. The post Auxo acquires manufacturer SOS appeared first on PE Hub.

207
207
article thumbnail

Warren Buffett Invested $6 Billion In These Stocks in 2020. Now, They're Worth Over $17 Billion

The Motley Fool

As Warren Buffett has gotten older, many have questioned whether the 92-year-old has still got it when it comes to investing. While Buffett still runs Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) , the firm that he took over in 1965 and built into one of the largest conglomerates in the world, he now has many other investors that work with him at Berkshire and have their own autonomy including Todd Combs and Ted Weschler.

article thumbnail

Arlington Capital buys steel structures provider Pegasus

PE Hub

Tony Deering, Pegasus’ founder & CEO, will continue to lead the company. The post Arlington Capital buys steel structures provider Pegasus appeared first on PE Hub.

Capital 206

More Trending

article thumbnail

Ardian acquires HVAC firm Tom Barrow

PE Hub

Truist Securities, Inc. served as financial adviser to Tom Barrow while Configure Partners served as financing advisor to Ardian. The post Ardian acquires HVAC firm Tom Barrow appeared first on PE Hub.

Financing 199
article thumbnail

Cannabis Companies Aren't Just Laying Off Workers, They're Exiting Key Markets

The Motley Fool

The cannabis industry is in free fall. Companies are struggling to find ways to grow, losses continue to pile up, and cash burn remains a big problem. For some businesses, that means it will take more than just layoffs to get things under control. Some large multi-state operators (MSOs) have been going to significant lengths this year and are planning to exit key markets.

Companies 264
article thumbnail

Caymus Equity-backed Seneca Resources buys IT consulting firm QED National

PE Hub

Seneca is a national IT, engineering, and business professional talent provider based in Reston, Virginia. The post Caymus Equity-backed Seneca Resources buys IT consulting firm QED National appeared first on PE Hub.

article thumbnail

Invited to a Wedding? Here's Dave Ramsey's Advice to Make Attending More Affordable

The Motley Fool

Image source: Getty Images According to The Knot, the average cost of attending a wedding was about $460 per guest in 2021. And prices only go up if a wedding is out of town. Those who drove out of town for a wedding spent an average of $660, and those who flew somewhere spent an average of $1,270. This is a really huge amount of money to put on your credit cards to celebrate someone else getting married.

Financing 258
article thumbnail

Unveiling the tech services boom: PE’s next big bet

PE Hub

A look at what is driving interest in the sector, as well as the opportunities and challenges. The post Unveiling the tech services boom: PE’s next big bet appeared first on PE Hub.

182
182
article thumbnail

2 Unstoppable Stocks to Buy and Hold for Decades

The Motley Fool

If you're investing for the long haul, you should consider businesses that have attractive growth prospects. The more attractive those prospects are, the easier it will be for the business to grow and increase in value. And a higher valuation means a stronger share price and better returns for your portfolio. A couple of stocks that can be ideal for long-term investors to hold -- not just for years but decades -- are Intuitive Surgical (NASDAQ: ISRG) and Google parent Alphabet (NASDAQ: GOOG) (NA

Prospects 246
article thumbnail

AMED Funds’ portfolio company acquires Canada Flurospar

PE Hub

Canada Fluorspar is the parent company of the Canada Fluorspar mine in St. Lawrence, Newfoundland and Labrador. The post AMED Funds’ portfolio company acquires Canada Flurospar appeared first on PE Hub.

Companies 180
article thumbnail

Where Will Nvidia Be in 10 Years?

The Motley Fool

The past decade has been outstanding for Nvidia (NASDAQ: NVDA) investors. Shares of the chipmaker have delivered handsome annual gains of more than 60% during this period, turning an investment of just $100 into more than $11,500. Nvidia's terrific gains over the past 10 years can be attributed to its metamorphosis from a manufacturer of graphics cards meant for gaming personal computers (PCs) into a company whose chips are now used across a wide range of applications including data centers, car

Investors 246
article thumbnail

Wafra-managed Capital Constellation invests in mid-market PE firm Greenbelt Capital

PE Hub

Greenbelt invests in the production and consumption of energy. The post Wafra-managed Capital Constellation invests in mid-market PE firm Greenbelt Capital appeared first on PE Hub.

Capital 176
article thumbnail

3 Reasons Why Buying Amazon Stock Right Now Could Be a Brilliant Move

The Motley Fool

If you subscribe to the "buy low, sell high" investing strategy, Amazon (NASDAQ: AMZN) might not interest you. Shares of the e-commerce and cloud-hosting giant have skyrocketed over 50% so far this year. However, Amazon looks like a great pick for investors who don't mind buying high and selling (years in the future) at a much higher price. Here are three reasons why buying Amazon stock now could be a brilliant move. 1.

article thumbnail

Health tech firms Apixio and ClaimLogiq complete merger

PE Hub

New Mountain Capital is backing the merger. The post Health tech firms Apixio and ClaimLogiq complete merger appeared first on PE Hub.

Capital 207
article thumbnail

2 No-Brainer Tech Stocks to Buy With $1,000

The Motley Fool

Investing in good companies, and paying reasonable prices to do so, is a winning strategy in the long run. Some companies have enormous competitive advantages and fantastic long-term growth prospects, so paying a premium is often worth it. Microsoft (NASDAQ: MSFT) , dominant in productivity software with massive long-term opportunities in cloud computing and artificial intelligence (AI), is a prime example.

Prospects 246
article thumbnail

Investindustrial-backed Arterex to buy medical device maker NextPhase

PE Hub

Arterex is a medical device company. The post Investindustrial-backed Arterex to buy medical device maker NextPhase appeared first on PE Hub.

Companies 199
article thumbnail

Canopy Growth Stock Suffers Another Blow

The Motley Fool

For years, investors have viewed Canopy Growth (NASDAQ: CGC) as a leader in the cannabis industry. The Canadian-based marijuana producer has been aggressive in acquisitions and its attempts in trying to expand into the U.S. market. Unfortunately, in recent years, the company has struggled to generate growth, and with the U.S. still unlikely to legalize marijuana in the near future, investors have lost hope in Canopy Growth.

Legal 246
article thumbnail

Stonebridge names Di Giorgio and Simunac as co-CEOs

PE Hub

Robert Colliver, the firm's co-founder, will transition to the role of executive chairperson, while continuing to oversee Stonebridge's existing debt funds and separately managed accounts. The post Stonebridge names Di Giorgio and Simunac as co-CEOs appeared first on PE Hub.

Debt 172
article thumbnail

Could Canoo Really Become the Next Tesla?

The Motley Fool

Tesla (NASDAQ: TSLA) defied the odds and upended the auto sector, effectively proving that electric vehicles (EVs) were a viable product. Today, every major car company is working on EVs. But there are also a lot of upstart EV makers that want to follow in Tesla's tire tracks. One of those startups is Canoo (NASDAQ: GOEV). How likely is this EV maker to succeed?

Startups 246
article thumbnail

RC Capital invests in James River Cardiology to form AlignedCardio

PE Hub

Rob Jardeleza will join AlignedCardio as CEO. The post RC Capital invests in James River Cardiology to form AlignedCardio appeared first on PE Hub.

article thumbnail

Social Security Could Face Cuts, but These 3 Tips Will Always Get You the Most Money Possible

The Motley Fool

Social Security has seen better days. Though seniors received the largest cost-of-living adjustment (COLA) in decades this year, the program only has about 10 years left until it becomes insolvent. There's still time for the government to step in before benefit cuts become necessary, but we don't know what the final solution will look like. However, we can be pretty sure the following three tips will still help you squeeze as much as possible out of the program.

Education 246
article thumbnail

GTCR and former Mindful execs launch new software platform Stelao

PE Hub

The executives are Matt DiMaria, Adam Ragauskis, Chris Loeper, Kurt Nelson, and Daniel Bohannon. The post GTCR and former Mindful execs launch new software platform Stelao appeared first on PE Hub.

Funds 156
article thumbnail

CBD Products Are More Common, but That Doesn't Mean Marijuana Legalization Is Inevitable

The Motley Fool

Marijuana isn't legal in the U.S. and may not be for a long time. But there can be lots of confusion for investors because in some ways, it is legal. And cannabidiol (CBD), the non-psychoactive substance in cannabis that is closely associated with its health benefits, is becoming more mainstream. Recently, Major League Baseball's Kansas City Royals announced a partnership with a CBD company, Pure Spectrum, promoting the health effects of the substance on overall wellness.

Legal 246
article thumbnail

Dividend recaps may help reignite exit markets; Arcline expands engineered systems and components portfolio

PE Hub

Arcline acquires International Water-Guard. The post Dividend recaps may help reignite exit markets; Arcline expands engineered systems and components portfolio appeared first on PE Hub.

article thumbnail

4 Steps to Becoming a Millionaire by Age 65

The Motley Fool

Image source: Getty Images On paper, becoming a millionaire by 65 can be extremely simple, particularly if you have time on your side. But that doesn't mean it's easy. It involves consistently investing a portion of your income, even when there are other demands on your bank account. Living within your means and avoiding debt are both powerful millionaire-making habits.

Taxes 246
article thumbnail

Stellus backs Recognize Partners’ 2X investment

PE Hub

2X was founded in 2017. The post Stellus backs Recognize Partners’ 2X investment appeared first on PE Hub.

Investing 192
article thumbnail

Intel Doubled Its Graphics Card Market Share in the 1st Quarter

The Motley Fool

Intel (NASDAQ: INTC) entered the discrete graphics card market in October of 2022. The company is no stranger to graphics – its CPUs have long included integrated graphics capabilities that are good enough for general usage and even some light gaming. But for anyone wanting to play PC games at high settings and resolutions, a discrete graphics card from either NVIDIA or AMD has been the only option for a long time.

Companies 246
article thumbnail

Macquarie scoops up Coastal Waste & Recycling

PE Hub

As part of the transaction, Brendon Pantano will continue as CEO. The post Macquarie scoops up Coastal Waste & Recycling appeared first on PE Hub.

147
147
article thumbnail

Better AI Stock: Alphabet vs. Meta Platforms

The Motley Fool

In the artificial intelligence (AI) space, few names are bigger than Meta Platforms (NASDAQ: META) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG). Both companies are heavily invested in the proliferation of this technology, and each has rewarded shareholders over the long term. Although both stocks have had a strong run in 2023, each is still well below its all-time highs.

article thumbnail

Private Equity Firm, Kasada, targets $500m Fund to Develop Hotels and Experiences in Africa

Private Equity Insights

Kasada Capital Management, a South Africa-based real estate private equity firm, has $500m available for investment in Africa. Olivier Granet, the managing partner and CEO, believes that this capital will significantly contribute to the growth of hotels and hospitality across the continent. Kasada’s principal partners are the Qatari sovereign wealth fund and hotel firm Accor.

article thumbnail

Can Shopify's AI Assistant Drive Higher Sales?

The Motley Fool

Shopify (NYSE: SHOP) stock is on fire this year. After falling off a cliff in 2022, it's now up 77% so far in 2023. Not only is the company demonstrating continued momentum with sales increasing double digits despite the retail slowdown, but it's also making sustained efforts to become more efficient and drive profitability. That's a great formula for investor confidence.

Investors 246