The Motley Fool

OCTOBER 13, 2023

Artificial intelligence (AI) could have a greater impact on society and the economy than the internet or the smartphone. It's still early days, but the technology has already showcased its ability to answer almost any question posed by users, and it can also generate text, photos, videos, and computer code on demand. Those capabilities could drive a productivity boom for businesses that could be worth a whopping $200 trillion to the global economy by 2030, according to Cathie Wood's Ark Investme

Portfolios 246

Portfolios Exchange-Traded Funds Accounting Funds 246

PE Hub

OCTOBER 13, 2023

According to terms of the deal, shareholders will receive $13 per share. The post ShoreView Industries to take tools manufacturer P&F private appeared first on PE Hub.

Shareholders 223

Shareholders 223

The Motley Fool

OCTOBER 13, 2023

Shares of Pinterest (NYSE: PINS) have fallen 68% from the previous peak, but the image-based social media app is reporting much better growth than a year ago. Accelerating revenue growth and prospects for an improving advertising market have pushed the stock up 17% this year, but Pinterest is not out of the woods yet. Its strategy to launch shoppable ads on its platform puts it in more direct competition with Meta Platforms ' Instagram, but Pinterest has one advantage that could drive more growt

Prospects 246

Prospects Return On Investment Returns Investors 246

PE Hub

OCTOBER 13, 2023

Thanks to the athletes and Gen Z fans, new forms of connectivity are growing the value base of sports – it’s the cusp of a new era. The post Talent: the next gold rush in sports investing appeared first on PE Hub.

Investing 216

Investing 216

The Motley Fool

OCTOBER 13, 2023

Image source: Getty Images Many workers rely on their employers to provide them with a savings plan for retirement. But not every company sponsors a 401(k) plan. So if you don't have access to one, you may be thinking of opening an individual retirement account (IRA) instead. As of 2020, only about 18% of Americans had an IRA, reports the U.S. Census.

Mutual Funds 246

Mutual Funds Taxes Accounting Funds 246

PE Hub

OCTOBER 13, 2023

Citation discusses acquisition of healthy snacks maker Cibo Vita. The post Citation Capital shares details on debut deal for Nature’s Garden owner; EV attracts PE appeared first on PE Hub.

Capital 207

Capital 207

PE Hub

OCTOBER 13, 2023

Citation founder Tiffany Hagge: 'Cibo Vita is a hybrid between an industrial manufacturer and a staple [consumer packaged goods] company.' The post Time for trail mix? Citation’s debut deal features healthy snacks appeared first on PE Hub.

Companies 201

Companies 201

The Motley Fool

OCTOBER 13, 2023

Image source: Getty Images When it comes to retirement planning, there are many different factors people try to plan for, including how much to save, how long retirement will last, and what things you want to do in retirement. But one thing that some people overlook, which can significantly impact their retirement, is their health. Here's why your healthcare -- and all the expenses that come along with it -- should be a factor in your overall retirement planning strategy.

Taxes 246

Taxes Accounting Investing Companies 246

PE Hub

OCTOBER 13, 2023

The transaction is expected to close by the end of October 2023. The post Arlington-backed Stellant to acquire Comtech’s power systems tech product line for $40m appeared first on PE Hub.

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The Motley Fool

OCTOBER 13, 2023

Airbnb (NASDAQ: ABNB) stock has drifted lower in recent weeks on concerns about headwinds on consumer spending and rising interest rates. But the sell-off is starting to look like a great buying opportunity. The travel stock is now down 42% from its peak in 2021 after it shot out of the gate in its initial public offering in late 2020. With the stock now as affordable as it's been in at least four months, let's take a look at three reasons to buy.

Initial Public Offering 245

Initial Public Offering Companies Investors Funds 245

PE Hub

OCTOBER 13, 2023

OneMagnify is a provider of technology and analytics-driven digital performance marketing solutions. The post Crestview-backed OneMagnify taps Bright as chief transformation officer appeared first on PE Hub.

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The Motley Fool

OCTOBER 13, 2023

Ark Invest CEO Cathie Wood is known for making bold stock calls. In 2018, she predicted Tesla would hit $4,000 a share, which seemed far-fetched at the time, but that prediction came true as Tesla reached that price on a split-adjusted basis in 2021. Tesla is the biggest holding in Ark Invest's flagship Ark Innovation ETF (NYSEMKT: ARKK) , but Wood also has high expectations for the next-biggest holding in the fund, Roku (NASDAQ: ROKU).

Earnings Before Interest 245

Earnings Before Interest Amortization Depreciation Taxes 245

PE Hub

OCTOBER 13, 2023

The purchase price was $7.6 million. The post Prudent Growth Partners buys Mississippi shopping mall Indian River appeared first on PE Hub.

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The Motley Fool

OCTOBER 13, 2023

Image source: Getty Images We sure love our pets. Not counting optional expenses, like potty training supplies, microchipping, and behavioral training, the annual cost of raising a dog averages between $700 and $1,000. According to Pettable, cat owners can expect to pay between $500 and $1,000 per year to keep their furry baby in kibble. If you're fortunate enough to have a healthy pet, your out-of-pocket cost will be on the lower end of the scale.

Banks 245

Banks Accounting 245

PE Hub

OCTOBER 13, 2023

Mark Sponseller, who has served as Interim CEO of Daniel, will resume his previous role as chief financial officer. The post Turnspire Capital-backed Daniel Measurement & Control appoints Morris as CEO appeared first on PE Hub.

Capital 176

Capital 176

The Motley Fool

OCTOBER 13, 2023

The world is in the midst of a major transition, with rapid growth in the demand for clean energy sources. ExxonMobil (NYSE: XOM) is firmly entrenched in the older, dirtier world of carbon fuels. Although it has dipped its toes into clean energy, the recent merger agreement with Pioneer Natural Resources (NYSE: PXD) should cement in investors' minds that Exxon is an oil company.

Assets 243

Assets Debt Shareholders Companies 243

PE Hub

OCTOBER 13, 2023

The seller was HealthEdge Investment Partners. The post PE-backed WellSky picks up post-acute care services platform Corridor appeared first on PE Hub.

Investing 190

Investing 190

The Motley Fool

OCTOBER 13, 2023

Nvidia (NASDAQ: NVDA) and Super Micro Computer (NASDAQ: SMCI) have been top performers on the stock market in 2023, delivering outstanding gains of 210% and 253%, respectively, as of this writing. These growth stocks have taken off this year thanks to one common catalyst -- artificial intelligence (AI). While Nvidia has turned out to be a pioneer in AI chips thanks to its graphics processing units (GPUs), which are being deployed in servers to train large language models (LLMs), Super Micro is a

Prospects 243

Prospects Stock Market Stock Market Companies 243

The Big Picture

OCTOBER 13, 2023

My buddy Jonathan Miller does not hesitate to call out the weasels who represent those who work in his industry: NAR Proves That Trade Groups Aren’t Infallible With an appalling culture of secrecy maintained by wildly overpaid executives (I believe their CEO is paid close to $3 million per year), NAR seems to be imploding right now. These three prominent real estate firms are backing away from the management cesspool that has severely damaged the National Association of Realtors (NAR) brand.

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The Motley Fool

OCTOBER 13, 2023

Audio and speech recognition company SoundHound AI (NASDAQ: SOUN) has been clobbered on the stock market ever since it went public in April 2022 after its merger with a special purpose acquisition company (SPAC). SoundHound AI stock has crashed a whopping 87% since going public. The company's impressive growth and its artificial intelligence (AI) credentials haven't been enough to give the stock a boost, which may seem a bit surprising as AI stocks have been in hot demand this year.

Mergers and Acquisitions 189

Mergers and Acquisitions Prospects Stock Market Stock Market 189

FinSMEs

OCTOBER 13, 2023

Data Masters Srl, a Bari, Italy-based startup that develops and markets online training programs and educational materials in the fields of data science, artificial intelligence and machine learning, raised €200k in funding. Primo Ventures SGR Spa is participating through its Primo Digital, Primo Digital Parallel Italia and Primo Digital Parallel Sud Italia funds.

Startups 109

Startups Education Funds Companies 109

The Motley Fool

OCTOBER 13, 2023

What happened Shares of JD.com (NASDAQ: JD) were down 3.8% as of 11:25 a.m. ET on Friday after several analysts updated their outlook for the company. Morgan Stanley analysts downgraded the stock and lowered their price target to $33 from $55. The firm believes weak consumer spending could impact JD.com's growth for longer than investors expect. So what JD.com was a high-growth business through 2021, but in the last few years, COVID-related disruptions have hurt China's economy.

Accounting 130

Accounting Investors Returns Companies 130

FinSMEs

OCTOBER 13, 2023

Bon Vivant, a Lyon, France-based company that uses precision fermentation to produce real dairy products, raised $15.8m in seed funding. The round was co-led by Sofinnova Partners and Sparkfood, with participation from Captech Santé, Alliance for Impact, High Flyers Capital, Kima Ventures, Founders Future, and Picus Capital. The company intends to use the funds to continue to expand operations and […] The post Bon Vivant Raises $15.8M in Seed Funding appeared first on FinSMEs.

Funds 109

Funds Capital Companies 109

The Motley Fool

OCTOBER 13, 2023

Image source: Getty Images There's no universal rule of thumb when it comes to how much you should have in savings accounts. Most financial planners suggest an emergency fund equal to six months' worth of expenses, but there's also non-emergency savings to consider as well. However, the average American doesn't have nearly this much in emergency savings.

Accounting 130

Accounting Banks Financial Institutions Debt 130

A Wealth of Common Sense

OCTOBER 13, 2023

In 1950 long-term U.S. government bonds yielded a little more than 2%. By the end of that decade they would hit 4.5%. Yields jumped to 6.9% by the end of the 1960s and 10.1% by the end of the inflationary 1970s. Then they skyrocketed in the early-1980s, going from just over 10% at the end of 1979 to nearly 15% by the fall of 1981. In a little over 30 years, bond yields went from 2% to 15%.

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The Motley Fool

OCTOBER 13, 2023

What Renewable energy stocks had a nice recovery this week -- particularly those involved in installing or financing solar projects -- after months of downward pressure. According to data provided by S&P Global Market Intelligence , shares of Hannon Armstrong (NYSE: HASI) jumped as much as 18.2% this week, Sunrun (NASDAQ: RUN) was up by as much as 15.3%, and Sunnova Energy (NYSE: NOVA) popped by as much as 16.6%.

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Financing Finance Debt Capital 130

Private Equity Wire

OCTOBER 13, 2023

Incline Equity Partners (Incline), a private equity firm focused on investments across the middle market, has held the final close of Incline Equity Partners VI, with more than $1.9bn aggregate capital commitments, significantly surpassing its initial fundraising target. The fundraising includes participation by the the firm’s GPs and employees of more than $120m, representing a commitment of over 6%.

Private Equity Firms 91

Private Equity Firms Private Equity Firms Funds Business Services 91

The Motley Fool

OCTOBER 13, 2023

What happened Cryptocurrencies have had a bad week in general, as the industry's worst side gets unending media attention. Sam Bankman-Fried's trial is putting both crypto and its most infamous person in the spotlight -- and a lot of investors and lawmakers are saying they don't want any part of it. While most tokens are down, there are four leading the market's losses.

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Assets Stock Market Stock Market Investors 130

Private Equity Wire

OCTOBER 13, 2023

Carey Olsen’s investment funds team in Jersey has advised long-standing client and natural resources focused private equity investment advisor Appian Capital Advisory on the successful closing of its third fund, Appian Natural Resources Fund III, which has reached its hard cap of $2.06bn. Established as a Jersey Expert Fund, the Fund III was oversubscribed securing backing from existing investors, in addition to numerous top-tier global investors.

Capital 91

Capital Funds Financing Finance 91

The Motley Fool

OCTOBER 13, 2023

Image source: Getty Images BJ's Wholesale Club provides discounted prices on bulk items, which means you may get to keep more money in your bank account if you shop there. But there's a lot to know about your warehouse club membership to make the most of your membership fees if you've just joined. Here are a few key things to be aware of, so you can keep your credit card bills down and shop as smartly as possible. 1.

Financing 130

Financing Finance Banks Accounting 130

AltAssets

OCTOBER 13, 2023

LDR Growth Partners has launched and reached an initial close for a diversified fund looking to acquire and scale industrial manufacturing businesses across North America. The post LDR betting on American manufacturing optimism with launch of dedicated PE fund first appeared on AltAssets Private Equity News.

Funds 87

Funds Buyout Investing 87

The Motley Fool

OCTOBER 13, 2023

What happened Shares of UnitedHealth Group (NYSE: UNH) climbed as much as 3.6% early Friday, then settled to trade up around 2.3% as of 2:30 p.m. ET after the the healthcare benefits company announced strong quarterly results. So what UnitedHealth's third-quarter revenue climbed 14.2% year over year to $92.36 billion -- including double-digit percent growth from both its Optum and UnitedHealthcare segments -- translating to a 13.3% increase in adjusted ( non-GAAP ) earnings to $6.56 per share.

Shareholders 130

Shareholders Returns Investors Companies 130

Private Equity Wire

OCTOBER 13, 2023

Antares Capital is considering making a bid to acquire European private credit rival Hayfin Capital Management, a combination that would create a major new operation in the space, according to a report by Bloomberg. The report cites unnamed sources familiar with the matter as confirming that Antares, which is backed by CPP Investments and Northleaf Capital Partners, sees the acquisition of Hayfin as a route to expanding its European footprint.

Bidding 86

Bidding Capital Assets Investing 86

The Motley Fool

OCTOBER 13, 2023

What happened Shares of Comtech Telecommunications (NASDAQ: CMTL) were up by 26% as of 2:40 p.m. ET Friday after the company announced strong quarterly results and divested itself of one of its product lines. So what In its fiscal 2023 fourth quarter, which ended July 31, Comtech's revenue climbed 17.2% year over year to $148.8 million, translating to adjusted ( non-GAAP ) earnings of $0.29 per share.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Leveraging Debt 130