Wed.Jun 28, 2023

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AMD's Latest Chip Is a Testament to the Success of Its Xilinx Acquisition

The Motley Fool

Advanced Micro Devices (NASDAQ: AMD) recently announced the next iteration of its AMD Versal Premium chip, a unique chip that solves a big problem. Check out the short video to learn what semiconductor investors Jose Najarro and Billy Duberstein had to say. Also, consider subscribing and click the special offer link below. *Stock prices used were the market prices of June 27, 2023.

Returns 277
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CVC secures €25bn for industry’s biggest-ever buyout fund

Private Equity Insights

CVC Capital Partners, the third-biggest Europe-based private equity firm according to the PEI 300, is on track to raise what would be the largest-ever private equity fund, defying the market’s choppy waters. The Luxembourg-headquartered firm has secured at least €25 billion in commitments for CVC Capital Partners IX, according to three sources familiar with the fundraising.

Buyout 246
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Why Rivian, Fisker, and Lucid Stocks Powered Higher Today

The Motley Fool

What happened Wednesday is turning into another great day to own electric vehicle (EV) stocks , as EV start-ups jostle for pole position and a couple news items shake up the rankings. In early afternoon trading, as of 12:15 p.m. ET, Rivian Automotive (NASDAQ: RIVN) stock has tacked on a respectable 4.1% gain, while Fisker (NYSE: FSR) shares are up 4.5%, and Lucid Group (NASDAQ: LCID) is leading the pack higher with a 4.8% gain.

Prospects 264
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Arcline makes bid to acquire industrial valve maker CIRCOR for $57 per share

PE Hub

Arcline's bid surpasses KKR's offer to acquire CIRCOR for $51 per share. The post Arcline makes bid to acquire industrial valve maker CIRCOR for $57 per share appeared first on PE Hub.

Bidding 241
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Tesla Just Announced Its Next Multi-Hundred-Billion-Dollar Business

The Motley Fool

Elon Musk talked about how Dojo could be a multi-hundred-billion-dollar opportunity for Tesla (NASDAQ: TSLA) during the first-quarter earnings call. In this video, I will talk about how Tesla's dominance in AI computing will help the company achieve full autonomy, recent controversies with regard to FSD Beta, and more. *Stock prices used were from the trading day of June 27, 2023.

Returns 246
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Rosemont invests in multi-family office Landmark

PE Hub

Berkshire Global Advisors served as financial advisor to Landmark Management, LLC. The post Rosemont invests in multi-family office Landmark appeared first on PE Hub.

Investing 232

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Toronto Star owner Nordstar in merger talks with Postmedia

PE Hub

The merged entity, which is yet to be named, would be jointly owned and controlled by Nordstar and existing Postmedia shareholders. The post Toronto Star owner Nordstar in merger talks with Postmedia appeared first on PE Hub.

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What Sparked This Insane Price Surge? Unity Stock Rockets 50%

The Motley Fool

Unity (NYSE: U) pushed higher today, and the stock has been on fire. Unity stock is up over 53% in the past month and 63% year to date. Is it headed higher, or is it time for a breather? The video below provides details on the AI news and an update on the stock, including technical analysis. Don't forget to subscribe to the channel for future updates.

Returns 246
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BDT & MSD Partners invest in software firm Qualtrics alongside Silver Lake

PE Hub

The investment is concurrent with the close of Silver Lake and CPP Investments' $12.5 billion acquisition of Qualtrics. The post BDT & MSD Partners invest in software firm Qualtrics alongside Silver Lake appeared first on PE Hub.

Investing 213
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Why Joby Aviation Led eVTOL Stocks Higher Wednesday

The Motley Fool

Innovation has always been a big driver of investment. Recently, many investors have paid close attention to the trends favoring artificial intelligence (AI), since it promises to boost productivity and lead to transformative improvements in efficiency. However, AI stocks aren't the only ones that can get a big boost from favorable news. In the electric vertical takeoff and landing (eVTOL) aircraft industry, huge investments are ongoing to come up with alternatives to ground-based transportation

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Wastewater treatment provider OnSyte snags investment from Ember

PE Hub

In conjunction with the funding, Ember Principal Caleb Powers will join OnSyte's board of directors. The post Wastewater treatment provider OnSyte snags investment from Ember appeared first on PE Hub.

Investing 209
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Why AST SpaceMobile Stock Is Plunging Today

The Motley Fool

What happened There has been talk for a while that AST SpaceMobile (NASDAQ: ASTS) would eventually need to raise more capital. That day has come, and as a result, shares of the space-based telecom company were trading down by nearly 30% early in the session Wednesday. So what AST SpaceMobile is working to commercialize technology that it hopes will one day turn any cellphone into a satellite phone, which would, in theory, benefit those who travel frequently or who live in areas with poor terrest

Capital 246
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Trinity Hunt-backed Dataprise acquires tech services provider RevelSec

PE Hub

Dataprise is a provider of managed IT, cybersecurity and cloud solutions. The post Trinity Hunt-backed Dataprise acquires tech services provider RevelSec appeared first on PE Hub.

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2 Cheap AI Stocks to Buy Right Now

The Motley Fool

The popularity of artificial intelligence (AI) stocks this year has sent many companies to absurd valuations. Investors who don't want to pay extravagant premiums for these types of investments may be discouraged at prices in the markets right now. But there are a couple of stocks that are involved with AI and are trading at relatively low earnings multiples.

Investors 246
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Schroders Capital leads Volpi Capital continuation fund deal

PE Hub

The deal included a group of new investors, as well as Cyclomedia's management team and Volpi Capital's new Fund III. The post Schroders Capital leads Volpi Capital continuation fund deal appeared first on PE Hub.

Capital 204
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3 E-Commerce Stocks You Can Buy and Hold for the Next Decade

The Motley Fool

E-commerce stocks were big winners during the pandemic, but in the post-pandemic recovery, the sector has struggled. Consumer spending has shifted back to brick-and-mortar stores and services like travel, entertainment, and restaurants that were generally off-limits during the pandemic. However, just because e-commerce growth has slowed, that doesn't mean that there aren't opportunities in the sector you can take advantage of.

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Flexpoint Ford’s ArtesRx invests in pharmacy services provider Parkview

PE Hub

Parkview will continue to be led by CEO Paul O'Leary and the current management team. The post Flexpoint Ford’s ArtesRx invests in pharmacy services provider Parkview appeared first on PE Hub.

Investing 200
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Wellcome Trust, Gates Foundation Fund First New TB Vaccine in 100 Years

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. The last time the TB vaccine had an update Warren Harding was president. For the first time in over a century, a new tuberculosis vaccine is entering large-scale critical trials, courtesy of a more than half-billion dollar contribution from two of the world's leading medical charities: The Bill & Melinda Gates Foundati

Funds 246
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General Atlantic backs new mental health care platform Author Health

PE Hub

Flare Capital Partners also participated in the funding. The post General Atlantic backs new mental health care platform Author Health appeared first on PE Hub.

Capital 208
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Better Artificial Intelligence Stock: GSK or Eli Lilly?

The Motley Fool

Late last year, Open AI's ChatGPT introduced the wider world to the immense power of artificial intelligence (AI). However, pharmaceutical companies have been experimenting with various forms of next-generation AI since the middle of the last decade. These AI systems can help accelerate drug discovery, optimize clinical trials, and improve patient outcomes.

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Ironbridge Equity Partners acquires Gesco Industries in recap

PE Hub

Gesco Industries is a Brampton, Ontario-based floorcovering distribution company. The post Ironbridge Equity Partners acquires Gesco Industries in recap appeared first on PE Hub.

Companies 188
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How C3.ai's AI Technology Is Disrupting Traditional Industries

The Motley Fool

C3.ai (NYSE: AI) is an expert in artificial intelligence (AI) tools and services. But the company is not trying to replace OpenAI's ChatGPT at all. Instead, the company provides a range of tailor-made and turnkey AI solutions to support lots and lots of different business operations. And C3.ai's tools can unlock game-changing benefits in some cases.

Taxes 244
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Copley invests in college food service firm Upper Crust

PE Hub

Late last year, Upper Crust announced a merger with College Chefs, another food service provider serving the Greek community. The post Copley invests in college food service firm Upper Crust appeared first on PE Hub.

Investing 176
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Why Summer Is a Great Time to Find an Accountant

The Motley Fool

Image source: Getty Images Whether you need an accountant for your small business or your own personal needs, it's important to find the right person for the job. The accountant you hire should be someone who's trustworthy, who takes the time to explain things, and who's knowledgeable enough to help you make savvy financial and tax-related decisions.

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Wind Point-backed Smart Care acquires Richard Meek Air Conditioning

PE Hub

Chicago-based Smart Care is a provider of commercial mechanical services. The post Wind Point-backed Smart Care acquires Richard Meek Air Conditioning appeared first on PE Hub.

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A Word on the 'Unfailable' Submersible

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. It doesn't appear the deep-ocean submarine ever reached the Titanic. A state-of-the-art submersible made from a carbon fiber tube, designed in conjunction with the U.S. National Aeronautics and Space Administration, the University of Washington and Boeing, was "intended to be failsafe.

Investing 242
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Arcline tops KKR’s bid for CIRCOR; a PE-backed IPO on the horizon

PE Hub

Arcline tops KKR's offer to buy CIRCOR. The post Arcline tops KKR’s bid for CIRCOR; a PE-backed IPO on the horizon appeared first on PE Hub.

Bidding 190
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3 Things About Zscaler That Smart Investors Know

The Motley Fool

Zscaler (NASDAQ: ZS) went public at $16 per share on March 15, 2018. It now trades at around $150, so a $1,000 investment in its initial public offering would have grown to nearly $9,400 in just over five years. The cybersecurity company dazzled the bulls with its impressive growth rates. Between fiscal 2017 and fiscal 2022 (which ended last July), Zscaler's revenue rose at a compound annual growth rate (CAGR) of 54%.

Investors 242
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New World Development set for windfall as unit gets $4.5 billion buyout offer

Private Equity Insights

New World Development (NWD) (0017.HK) is set to bag as much as HK$21.78 billion ($2.78 billion) from the sale of a construction subsidiary to its major shareholder, in a buyout deal that would help it cut debt and pay a special dividend. BChow Tai Fook Enterprises (CTFE), which holds about 45.2% of NWD shares, has offered to buy roughly 97% of NWS Holdings (0659.HK) stock for up to HK$35.47 billion ($4.53 billion), the parties said in a joint statement.

Buyout 130
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3 Good Reasons to Buy and Hold Nvidia Stock

The Motley Fool

Nvidia (NASDAQ: NVDA) excels at identifying technological trends -- and then building the chips that power them. From video games to cloud computing, cryptocurrency to the metaverse, robotics to autonomous vehicles, the semiconductor leader has played a leading role in fueling the expansion of multiple industries while delivering staggering returns to its shareholders along the way.

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PE shop Rosemont stakes $4.5bn New York multi-family office

Private Equity Insights

Landmark Management has sold a 40% stake to Rosemont to help the firm’s founder execute an internal succession plan. Private equity firm Rosemont Investment Group has acquired a 40% stake in Landmark Management, a New York-based multi-family office that oversees about $4.5bn in non-discretionary client assets. Specific financial terms of the transaction, including the valuation given to Landmark, were not revealed.

Stakes 130
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Why Shares of Lilium Are Flying Higher Today

The Motley Fool

What happened The S&P 500 and Dow Jones Industrial Average both dipped lower in today's trading session. Shares of Lilium (NASDAQ: LILM) , however, headed in the opposite direction, thanks to an optimistic forecast for the Chinese economy. For the fourth day in a row, shares of Lilium, a developer of electric vertical take-off and landing (eVTOL) jets, climbed higher.

Prospects 130
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David Lloyd could be put up for sale as owners eye £2bn price tag

Private Equity Insights

A sale will only be considered by if it draws a “sufficiently attractive valuation” for TDR, which is aiming for a £2bn price tag, sources familiar with the situation told Sky News, TDR Capital is reportedly mulling a sale of its health and fitness business David Lloyd Leisure. The private equity firm is understood to have drafted in Morgan Stanley to advise on potential suitors for the business, Sky News reported.

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Why Veeva Systems Stock Slumped by Nearly 3% Today

The Motley Fool

What happened A recommendation downgrade was the catalyst behind Veeva Systems 's (NYSE: VEEV) sub-par performance on the stock market Wednesday. Following the chop, Veeva's stock ended the day almost 3% lower, which was notably worse than the essentially flat trajectory of the S&P 500 index. So what The downgrade was from white-shoe investment bank Morgan Stanley in the person of prognosticator Craig Hettenbach.

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