Tue.Jun 13, 2023

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Cathie Wood Says Robotaxi Revenue is Headed Toward $4 Trillion -- 2 Growth Stocks to Buy Now

The Motley Fool

Cathie Wood is the CEO and founder of Ark Invest, an asset management company focused on disruptive technologies like DNA sequencing, blockchain, and robotics. But few technologies have as much disruptive potential as robotaxis. Ark believes autonomous ride-hailing platforms could generate $4 trillion in revenue by 2027 and $9 trillion in revenue by 2030.

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Duke Energy to sell commercial renewables business to Brookfield Renewable for $2.8bn

PE Hub

The sale is expected to close by the end of 2023. The post Duke Energy to sell commercial renewables business to Brookfield Renewable for $2.8bn appeared first on PE Hub.

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Where Will Alibaba Stock Be in 5 Years?

The Motley Fool

Alibaba (NYSE: BABA) was once considered a promising play on China's long-term growth. It owned the country's two largest e-commerce marketplaces, Taobao and Tmall; its largest public cloud infrastructure platform, Alibaba Cloud; and a broad range of other retail, digital media, and gaming businesses. But over the past five years, Alibaba's stock declined nearly 60% and broadly underperformed many other Chinese tech stocks.

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Renovus Capital funds wealth tech firm F2 Strategy

PE Hub

In addition to this transaction, F2 has acquired consulting and services provider Winston-Salem, North Carolina-based Oakbrook Solutions. The post Renovus Capital funds wealth tech firm F2 Strategy appeared first on PE Hub.

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3 Hot Stocks That Can Double Again in 2023

The Motley Fool

We're not even halfway through with 2023, and the market has seen some pretty surprising stocks more than double this year. Which ones have a shot at an encore performance, doubling again from this point before the end of the year? I have a few ideas. It's going to be a controversial pick, but Tesla (NASDAQ: TSLA) has the potential to double again from current levels.

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Arcline Investment Management buys International Water-Guard

PE Hub

International Water-Guard is a Surrey, British Columbia-based provider and servicer of potable water systems and components for use in business and commercial jet applications. The post Arcline Investment Management buys International Water-Guard appeared first on PE Hub.

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Inside the exit: Signet makes approximately 3x in RK Pharma exit

PE Hub

The generic drugs that RK Pharma focuses on cover a spectrum of areas, among them anemia, ophthalmology, oncology, inflammatory diseases and more. The post Inside the exit: Signet makes approximately 3x in RK Pharma exit appeared first on PE Hub.

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Unveiled: AMD's AI Strategy -- Will AMD Snatch the Crown From Nvidia?

The Motley Fool

Advanced Micro Devices (NASDAQ: AMD) had its "Data Center & AI Technology Premiere" today, but investors seemed unimpressed, as the stock dipped 3.61%. AMD stock has rallied hard in 2023, up over 94% year to date. Is today's dip an opportunity to add shares? And which is the best stock to buy now, Nvidia (NASDAQ: NVDA) or AMD? Watch the video below for an AMD AI update and analysis on both stocks.

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Trinity Hunt eyes consolidation with Centricity Research investment

PE Hub

The firm also plans on acquiring add-ons in partnership with Centricity Research. The post Trinity Hunt eyes consolidation with Centricity Research investment appeared first on PE Hub.

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Boeing CEO Hints at New Plane With Technology That Could Be Game-Changing

The Motley Fool

Boeing (NYSE: BA) CEO Dave Calhoun recently told the investment community that composites will play a significant role in the company's development of airplanes. That's excellent news for composite manufacturers like Hexcel (NYSE: HXL) and highlights the investment case for the composite specialist. That said, is it enough to make the stock a buy considering that Boeing and Airbus (OTC: EADSY) aren't planning to develop a new plane anytime soon?

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TV advertising software platform Madhive inks $300m from Goldman Sachs

PE Hub

The investment will enable Madhive to further accelerate the growth and adoption of its CTV platform. The post TV advertising software platform Madhive inks $300m from Goldman Sachs appeared first on PE Hub.

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5 Things to Never Buy at Sam's Club

The Motley Fool

Image source: Getty Images It's easy to go wild while shopping at Sam's Club. After all, there are new things to see and buy every time you walk into the warehouse store. And while many purchases are spot-on, some only make sense if you go in with a plan. Here are five things it rarely makes sense to buy at Sam's Club. 1. Huge containers of anything If you're excited by the idea of purchasing a one-gallon container of mayonnaise, you're my kind of person.

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Plant-based oils and fats producer Bunge to merge with agriculture network Viterra

PE Hub

With the deal's closing, Viterra owners Glencore, Canada Pension Plan Investment Board and British Columbia Investment Management Corp will become shareholders of Bunge. The post Plant-based oils and fats producer Bunge to merge with agriculture network Viterra appeared first on PE Hub.

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Why Archer Aviation Stock Is Up Today

The Motley Fool

What happened Electric plane start-up Archer Aviation (NYSE: ACHR) has hired a former Federal Aviation Administration (FAA) administrator as its chief safety officer. Investors are excited about the credibility the hiring will add, sending shares of Archer up about 20% in Tuesday trading. So what Archer is one of several companies racing to develop electric aircraft capable of vertical takeoffs and landings, or eVTOLs.

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Brookfield scoops up Duke Energy; Goldman acquires TV ad software platform; Signet Health exits RK Pharma

PE Hub

Goldman Sachs invests in TV software platform Madhive. The post Brookfield scoops up Duke Energy; Goldman acquires TV ad software platform; Signet Health exits RK Pharma appeared first on PE Hub.

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5 Dollar Tree Deals to Decorate Your Home

The Motley Fool

Image source: Getty Images Decorating a house can do a number on your bank account. But, the good news is, you can make your space really pretty without going into credit card debt -- especially if you know where to shop. The Dollar Tree is actually a surprisingly great place to buy items for the home, as you can get many attractive decor items for the low bargain price of just $1.25.

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Leeds Equity-backed CeriFi appoints Barry as CEO

PE Hub

Based in Alpharetta, Georgia, CeriFi is an education, training and certification provider serving financial services professionals. The post Leeds Equity-backed CeriFi appoints Barry as CEO appeared first on PE Hub.

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Why Lumen Stock Is Skyrocketing Today

The Motley Fool

What happened Shares of Lumen Technologies (NYSE: LUMN) are soaring in Tuesday's daily trading session. The telecommunications company's stock was up 17.5% as of 3:15 p.m. ET, according to data from S&P Global Market Intelligence. Lumen published a press release yesterday announcing that it had entered into a new partnership with Microsoft and Alphabet 's Google division on a new network interconnection system called ExaSwitch.

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Transom Capital buys infant products maker Aden & Anais Inc

PE Hub

Baird served as financial advisor to Aden & Anais, Inc. The post Transom Capital buys infant products maker Aden & Anais Inc appeared first on PE Hub.

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Why Manchester United Stock Is Up Today

The Motley Fool

What happened A Qatari billionaire has reportedly won the auction for English Premier League club Manchester United (NYSE: MANU). The club's common shares are soaring as a result, up 10% on Tuesday morning. So what Manchester United is perhaps one of the best-known sports brands globally, and it has an unusual ownership structure that allows supporters to control a small sliver.

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New State Capital-backed Global Holdings appoints Petrevski as CEO

PE Hub

He succeeds Kurt Grossheim, who left the company to pursue a new opportunity. The post New State Capital-backed Global Holdings appoints Petrevski as CEO appeared first on PE Hub.

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Why Ballard Power Stock Keeps Going Up

The Motley Fool

What happened For the second day in a row, shares of fuel cell company Ballard Power Systems (NASDAQ: BLDP) are blowing up -- in a good way. After forging ahead 14.6% on Monday on news that it is introducing a "disruptive technology" to "materially reduce the costs and scale production capacity of next-generation, proprietary graphite bipolar plates," Ballard stock is tacking on another 12.1% gain through 10:45 a.m.

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Hurh joins Waud Capital’s human capital team as a principal

PE Hub

Before joining WCP, Hurh served as a partner at Heidrick & Struggles in its healthcare services practice. The post Hurh joins Waud Capital’s human capital team as a principal appeared first on PE Hub.

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The Fed May be Winning its War on Inflation

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. As the Federal Reserve knows, you have to crack a few eggs to make an omelet. And now those eggs cost less. The consumer-price index increased just 4% in May from a year earlier, the Labor Department said Tuesday, well below the 9% peak seen last June and even lower than the 4.9% increase in April -- placing at long last t

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Oak Hill-backed Petauri Health buys medical affairs agency TKG

PE Hub

Petauri Health is a pharmaceutical services platform. The post Oak Hill-backed Petauri Health buys medical affairs agency TKG appeared first on PE Hub.

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More American Airlines AAdvantage Elite Members Will Be Eligible for Complimentary Upgrades on Award Flights

The Motley Fool

Image source: Getty Images If you're a frequent flier who is brand loyal, achieving elite status with your favorite airline can be beneficial because it allows you to take advantage of extra perks that improve your flying experience. American Airlines has a new benefit available to all AAdvantage loyalty program elite members. If you're already an elite member or are on your way toward becoming one, you'll want to know about this perk.

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Abacus backs WestView’s recap of Triple Crown Consulting

PE Hub

Also, Abacus Finance Group made an equity co-investment in Triple Crown Consulting. The post Abacus backs WestView’s recap of Triple Crown Consulting appeared first on PE Hub.

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Better Growth Stock: Amylyx Pharmaceuticals or Viking Therapeutics?

The Motley Fool

Biotech growth stocks are inherently risky due to the plethora of competitive, financial, clinical, and regulatory hurdles unique to the industry. Despite these various risk factors, however, most of the best-performing stocks of the last decade-plus have come from the land of developmental-stage biotechs. Amylyx Pharmaceuticals (NASDAQ: AMLX) and Viking Therapeutics (NASDAQ: VKTX) are perfect examples of this fundamental trade-off between risk and reward in biotech.

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PE-backed Northpoint buys Cardinal Roofing

PE Hub

Based in Georgia, Northpoint is a provider of roof protection services. The post PE-backed Northpoint buys Cardinal Roofing appeared first on PE Hub.

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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

The Motley Fool

Growth stocks are rallying lately, and that's welcome news to Cathie Wood. The CEO, co-founder, and top stock picker at Ark Invest is at her best when the market's hungry for disruptive speedsters. She publishes her transactions at the end of every trading day, giving us a good look at what she's buying and selling. She kicked off this week in a mood to go shopping.

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VSS Capital invests in Olympus Cosmetic Group

PE Hub

Lodestone Advisors served as financial advisor to the founders of Olympus. The post VSS Capital invests in Olympus Cosmetic Group appeared first on PE Hub.

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Why C3.ai Stock Popped Today

The Motley Fool

What happened Shares of C3.ai (NYSE: AI) were moving higher on Tuesday even though there was no company-specific news on the AI-for-the-enterprise platform. Instead, the stock seemed to gain after IT heavyweight Oracle (NYSE: ORCL) touted a spike in demand for its cloud services due to expanding artificial intelligence needs. As a result, AI stocks jumped on the news, with C3.ai finishing the day up 14.7%.

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Kian Capital-backed SPATCO scoops up petroleum services firm MSCS

PE Hub

SPATCO is an infrastructure services provider. The post Kian Capital-backed SPATCO scoops up petroleum services firm MSCS appeared first on PE Hub.

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Best Stock to Buy: Carnival Cruise Line vs. Booking Holdings

The Motley Fool

Fool.com contributor and finance professor Parkev Tatevosian compares Carnival Cruise (NYSE: CCL) and Booking Holdings (NASDAQ: BKNG) to determine which is the better travel stock to buy for long-term investors. *Stock prices used were the afternoon prices of June 9, 2023. The video was published on June 11, 2023. 10 stocks we like better than Carnival Corp.

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