The Motley Fool

MARCH 23, 2024

For most Americans, Social Security plays a key role in fortifying their financial foundation during retirement. More than two decades of annual surveys from Gallup have shown that between 80% and 90% of then-current retirees count on their guaranteed monthly benefit to cover at least some portion of their expenses. A separate study from the Center on Budget and Policy Priorities found that, as of 2022, Social Security payouts were responsible for pulling approximately 22.7 million people above

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The Big Picture

MARCH 23, 2024

Billionaires know they are. Low-wage workers are very well aware that they aren’t. But vast swaths of America’s “regular rich” don’t feel that way, and it’s keeping everybody down. [link] via Bloomberg. Electric Boogie Woogie Wagon [link] 17 astounding scientific mysteries that researchers can’t yet solve What is the universe made out of?

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The Motley Fool

MARCH 23, 2024

Mutual fund giant Vanguard has officially crunched the numbers. As of last year, the average balance for people aged 65 and older participating in one of its employer-sponsored 401(k) retirement plans stood at $279,997. Not bad. Most people would likely prefer more, and plenty of people certainly have less. Either way, an average nest egg of this size isn't too shabby given that most of these individuals will also be collecting at least some Social Security retirement benefits.

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KKR

MARCH 23, 2024

Stockholm and London, 23 January, 2024 – Optio Investment Partners (“Optio”), an innovative credit platform, Kennedy Lewis Investment Management (“Kennedy Lewis”), a leading alternative credit manager, and KKR, a leading global investment firm, today announced a multi-year, multi-jurisdiction agreement. Under this agreement, Kennedy Lewis and KKR will provide asset-based funding to support the Optio Auto Evolution strategy, driving next generation auto financing.

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The Motley Fool

MARCH 23, 2024

Image source: The Motley Fool/Unsplash I have four dogs that I've managed to raise to ripe old ages, ranging from about 15 (she's a rescue, so we don't know for sure) to 8 1/2. For my entire life, I've been around dogs -- all kinds of dogs. So many dogs. And there's one thing that I learned a very long time ago that continues to play out: there's a lot of value in expensive pet foods.

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KKR

MARCH 23, 2024

Fund is largest pan-regional infrastructure fund to have been raised for Asia Pacific More than half of the Fund already invested or committed across ~10 investments HONG KONG--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the final close of KKR Asia Pacific Infrastructure Investors II SCSp (the “Fund”), a US$6.4 billion fund focused on infrastructure-related.

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KKR

MARCH 23, 2024

London, 5 February 2024 – ContourGlobal Ltd. (“ContourGlobal”), a developer, owner and operator of power generation assets around the world, today announces the appointment of Antonio Cammisecra as CEO, effective 2 February, 2024.

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The Motley Fool

MARCH 23, 2024

Social Security recipients get annual cost-of-living adjustments (COLAs) to help protect the buying power of benefits from inflation. Fallout from the pandemic led to particularly high inflation in recent years, so much so that retired workers received an 8.7% COLA in 2023, one of the largest raises in program history. But benefits increased just 3.2% in 2024 as consumer price increases moderated, and the 2025 COLA could be even smaller.

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KKR

MARCH 23, 2024

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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The Motley Fool

MARCH 23, 2024

The stock market has been in rare form since early last year. All the major market indexes have entered bull market territory, rising over 20% from their respective lows and reaching new all-time highs. However, not all stocks have participated equally. Take Roku (NASDAQ: ROKU) , for example. The streaming pioneer has gained roughly 59% since the beginning of last year but is still 86% off its peak.

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KKR

MARCH 23, 2024

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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The Motley Fool

MARCH 23, 2024

Price matters. That's true whether we're talking about cars, houses, laptops, or anything else -- including stocks. Three Motley Fool contributors had price in mind when choosing Axsome Therapeutics (NASDAQ: AXSM) , CRISPR Therapeutics (NASDAQ: CRSP) , and Pfizer (NYSE: PFE) as top picks for investors right now. Here's why they think buying these dirt-cheap stocks could be a brilliant move.

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KKR

MARCH 23, 2024

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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The Motley Fool

MARCH 23, 2024

One of the more meaningful decisions you'll make in your life, financially speaking, is when to start collecting your Social Security benefits. Start early and your checks will be smaller (though you'll collect many more of them, of course) -- and if you start later, your checks will be larger (though you'll receive fewer of them). There are good reasons to start early or later.

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KKR

MARCH 23, 2024

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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The Motley Fool

MARCH 23, 2024

Any conversation about artificial intelligence (AI) would, of necessity, include Nvidia (NASDAQ: NVDA). The company pioneered the graphics processing units (GPUs) that underpin many of the world's most advanced AI models and continues to innovate at a breakneck pace. At the company's GPU Technology Conference (GTC), which kicked off on Sunday in San Jose, California, Nvidia unveiled several startling developments on Monday that suggest the AI revolution is only just beginning.

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KKR

MARCH 23, 2024

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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The Motley Fool

MARCH 23, 2024

Warren Buffett is considered one of the best investors in history. Since 1965, he has steered the Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) investment company to a mind-boggling 4,384,748% increase in value. The benchmark S&P 500 index is up just 31,223% over the same period. Buffett's investing strategy is simple. He likes companies with steady growth, strong profitability, and high-performing management teams.

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KKR

MARCH 23, 2024

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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The Motley Fool

MARCH 23, 2024

When it comes to investing in artificial intelligence (AI), it may seem like Nvidia is the main focus of investors. The company has muscled its way into the "Magnificent Seven" as it claims between 80% and 95% of the AI chip market. However, Nvidia has also grown to a price-to-sales (P/S) ratio of 36, leading some to question whether that stock has become overvalued.

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KKR

MARCH 23, 2024

NEWARK, N.J.--(BUSINESS WIRE)--HarbourView Equity Partners (HarbourView), an industry-leading alternative asset management company focused on investment opportunities in the sports, media and entertainment space, has secured approximately $500 million in debt financing through a private securitization backed by its diversified catalog of music royalties.

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The Motley Fool

MARCH 23, 2024

Warren Buffett and David Tepper might not seem to have a lot in common -- aside from the fact that they're both wildly successful investors. Buffett is much more cautious by nature and usually shies away from tech stocks. Tepper is aggressive and invests heavily in the tech sector. But these billionaires share at least a few common denominators. Here are the only " Magnificent Seven " stocks that both Buffett and Tepper own.

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KKR

MARCH 23, 2024

KKR announces the signing of an Investment Agreement with Encavis as part of a takeover offer. The Management Board and the Supervisory Board of Encavis are fully supportive of the strategic partnership and intend to recommend that all shareholders accept the offer.

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The Motley Fool

MARCH 23, 2024

When you think of artificial intelligence (AI), you probably think of the technology companies creating the nuts and bolts that help AI come to life -- such as Nvidia 's chips or Super Micro Computer 's servers. We've already seen growth in these companies' earnings thanks to sales of their products to customers developing AI projects. They and some of their peers continue to make great investments because growth in the AI market looks like it's just getting started.

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KKR

MARCH 23, 2024

London and Frankfurt, 15 March, 2024 – KKR, a leading global investment firm, announces today that a consortium of investors, co-led by KKR, has agreed to provide a €1.1 billion financing solution to support the future growth of Ottobock (the “Company”), a global market leader in prosthetics. The financing will also support existing majority shareholder Professor Hans Georg Näder and the Näder Family’s buy back of EQT’s shareholding in the business.

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The Motley Fool

MARCH 23, 2024

Palantir (NYSE: PLTR) stock has become one of the darlings of the artificial intelligence (AI) industry. The company has long used AI to power its Gotham and Foundry platforms. However, the launch of a new platform has AI investors looking at Palantir in a new light. Still, the stock's gains have paused since early February, when it was at the mid-$20s per share level.

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KKR

MARCH 23, 2024

Transaction Marks First U.S. Investment from KKR’s Global Climate Strategy NEW YORK--(BUSINESS WIRE)-- Today, KKR, a leading global investment firm, announced the signing of a definitive agreement pursuant to which investment funds and accounts managed by KKR agreed to acquire a majority stake in Avantus, a premier U.S. developer of large utility-scale solar and solar-plus-storage projects.

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The Motley Fool

MARCH 23, 2024

ASML (NASDAQ: ASML) often refers to itself as "the most important tech company you've never heard of." Still, that moniker is likely becoming less accurate as more investors become aware of the company's importance in the production of equipment that creates the world's most advanced semiconductors. That realization likely played a role in taking its stock price around $1,000 per share, making it the 20th most expensive stock trading on U.S. exchanges today.

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KKR

MARCH 23, 2024

NEW YORK--(BUSINESS WIRE)-- KKR today announced a monetization activity update for the period from January 1, 2024 to March 21, 2024. Based on information available to us as of today, with respect to the period through March 21, 2024, KKR has earned total realized performance income, including realized incentive fees, and total realized investment income in excess of $350 million.

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The Motley Fool

MARCH 23, 2024

Nio (NYSE: NIO) and QuantumScape (NYSE: QS) might seem like two very different ways to invest in the electric vehicle (EV) market. Nio is a leading producer of electric sedans and SUVs in China, while QuantumScape is developing solid-state batteries, which could significantly boost the stability, charging time, and range of EV batteries. But batteries are also a big part of Nio's business.

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KKR

MARCH 23, 2024

Stockholm and London, 23 January, 2024 – Optio Investment Partners (“Optio”), an innovative credit platform, Kennedy Lewis Investment Management (“Kennedy Lewis”), a leading alternative credit manager, and KKR, a leading global investment firm, today announced a multi-year, multi-jurisdiction agreement. Under this agreement, Kennedy Lewis and KKR will provide asset-based funding to support the Optio Auto Evolution strategy, driving next generation auto financing.

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The Motley Fool

MARCH 23, 2024

Graphics-chip maker Nvidia (NASDAQ: NVDA) seems like it can do no wrong these days. With its shares soaring past $900 recently, it wouldn't be surprising to see them reach $1,000 soon. This is extraordinary considering shares were trading at less than $50 just five years ago. The semiconductor specialist, which has been benefiting from the boom in generative artificial intelligence (AI) as companies race to buy up its advanced AI chips, has become the ultimate Wall Street darling.

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KKR

MARCH 23, 2024

Fund is largest pan-regional infrastructure fund to have been raised for Asia Pacific More than half of the Fund already invested or committed across ~10 investments HONG KONG--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the final close of KKR Asia Pacific Infrastructure Investors II SCSp (the “Fund”), a US$6.4 billion fund focused on infrastructure-related.

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The Motley Fool

MARCH 23, 2024

UiPath (NYSE: PATH) initially impressed investors when it went public in April 2021. The developer of tools for robotic process automation (RPA) listed its IPO at $56, and its stock rallied to a record high of $85.12 the following month. At the time, investors were dazzled by the growth potential of its RPA tools, which could be plugged into a company's applications to automate repetitive tasks like entering data, processing invoices, onboarding customers, and sending mass emails.

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