The Motley Fool

AUGUST 3, 2023

In the rapidly evolving era of artificial intelligence (AI), businesses increasingly integrate AI into their daily activities to stay relevant and competitive. Tesla (NASDAQ: TSLA) , a pioneer in the electric car industry, recognizes the strategic importance of AI in fulfilling its long-term mission. By leveraging AI technologies, Tesla aims to become a smarter, more efficient car manufacturer while venturing into exciting new products like self-driving cars.

Leveraging 246

Leveraging Returns Companies Investors 246

PE Hub

AUGUST 3, 2023

Brandito President Michael Lovern will continue in this role and also maintain a material ownership stake. The post Monroe Street Partners acquires marketing services platform Brandito appeared first on PE Hub.

Stakes 215

Stakes 215

The Motley Fool

AUGUST 3, 2023

Investors who bought Nvidia (NASDAQ: NVDA) stock a decade ago are now laughing all the way to the bank, as the high-flying chipmaker turned an investment of just $100 made 10 years ago into more than $13,500. The semiconductor specialist evolved significantly over the past 10 years. From being a supplier of graphics processors for personal computers (PCs) and smartphones a decade ago, Nvidia expanded its wings into multiple high-growth markets such as automotive, data centers, cloud computing, a

Prospects 246

Prospects Banks Stock Market Stock Market 246

PE Hub

AUGUST 3, 2023

Pittsburgh-based Level Agency is a digital marketing firm. The post Dubin Clark-backed Level Agency scoops up marketing agency Becker Media appeared first on PE Hub.

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The Motley Fool

AUGUST 3, 2023

When should you claim Social Security benefits? The answer to this question can shape your retirement. It will affect how much money you have to live on over your later years, and it could also inform your choice about when to retire. It can be more complicated than you'd think to figure out the right time to begin receiving retirement benefits. To ensure you make the right decision, you'll want to take these four important steps.

Funds 246

Funds 246

PE Hub

AUGUST 3, 2023

Pavion is a provider of integrated solutions for fire, safety, security, and critical communications. The post Wind Point-backed Pavion buys REECE Complete Security Solutions appeared first on PE Hub.

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PE Hub

AUGUST 3, 2023

Ares CEO Arougheti sounds off on more bank consolidations. The post Ares CEO Michael Arougheti predicts more bank deals; Warburg Pincus details recent bank merger appeared first on PE Hub.

Banks 197

Banks 197

The Motley Fool

AUGUST 3, 2023

Tesla (NASDAQ: TSLA) is cutting prices and margins are falling while EV competitors are facing challenges. As the EV market becomes more uncertain, legacy automakers are reporting higher profits, which in this video Travis Hoium says bodes well for their value over the long term. *Stock prices used were end-of-day prices of July 28, 2023. The video was published on July 31, 2023.

Returns 246

Returns Investors Investing 246

PE Hub

AUGUST 3, 2023

Great North Wellhead is an Edmonton-based provider of a full range of customized wellheads, completions solutions and field support services. The post Industrial Growth Partners sells Great North Wellhead to Dril-Quip appeared first on PE Hub.

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The Motley Fool

AUGUST 3, 2023

The Nasdaq 100 is beating the market in 2023. The tech-heavy list of the 100 largest companies on the Nasdaq exchange (minus banks and financial institutions) has gained more than 41% year to date. The broader Nasdaq Composite index stopped at 34%, and both Nasdaq-based lists are crushing the S&P 500 's 18% gain. ^NDX data by YCharts. But the market surge isn't lifting every boat equally.

Financial Institutions 246

Financial Institutions Prospects Shareholders Banks 246

PE Hub

AUGUST 3, 2023

This financing includes a $200 million debt facility from Victory Park Capital and a new term loan facility for up to $20 million from Trinity Capital Inc. The post Credit card company Petal gathers $220m debt financing appeared first on PE Hub.

Debt 190

Debt Financing Finance Companies 190

The Motley Fool

AUGUST 3, 2023

Image source: Getty Images Last November, Amazon introduced its new telehealth endeavor, Amazon Clinic. The service provides convenient, affordable telehealth solutions to users. Earlier this week, the online retailer announced that the service has since expanded and is now available in all 50 U.S. states and Washington D.C. More people can now seek virtual care for common health concerns.

Consultants 246

Consultants Consulting Accounting Financing 246

PE Hub

AUGUST 3, 2023

Warburg Pincus and Centerbridge Partners are investing $400m in the merger of regional banks Banc of California and PacWest. The post Warburg Pincus seeks to fill regional bank vacuum appeared first on PE Hub.

Banks 189

Banks Investing 189

The Motley Fool

AUGUST 3, 2023

While much of the attention was on Advanced Micro Devices ' (NASDAQ: AMD) artificial intelligence (AI) efforts when the chip company reported second-quarter results on Tuesday, gaming remains an important business. AMD competes with market leader Nvidia and new entry Intel in the gaming GPU market and has been losing ground in recent quarters. AMD's graphics card unit market share fell to 12% in the first quarter of this year, cut in half from the prior-year period.

Companies 246

Companies Returns Investors Investing 246

PE Hub

AUGUST 3, 2023

The seller is Staple Street Capital. The post Seaport Capital snaps up IT management services provider CyberlinkASP appeared first on PE Hub.

Capital 210

Capital 210

The Motley Fool

AUGUST 3, 2023

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 long as you bring the data, Oracle wants to make machine learning development as easy as typing in a chatbot. The company seeks to patent a system that uses an intelligent assistant to " enable a user to generate a machine learning system.

Companies 246

Companies Investing 246

PE Hub

AUGUST 3, 2023

His new role begins on September 5. The post OMERS taps Hill as NY EVP and infrastructure global head appeared first on PE Hub.

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The Motley Fool

AUGUST 3, 2023

Don't look now, but pet stocks are no longer rolling over and playing dead. Shares of Rover (NASDAQ: ROVR) surged 15% higher on Wednesday, an otherwise dreary day of trading. A strong financial update fueled the rally. Rover is now trading 74% higher in 2023, but that came after plummeting 62% last year. Freshpet (NASDAQ: FRPT) and Chewy (NYSE: CHWY) also disappointed investors in 2022.

Returns 246

Returns Investors Companies Investing 246

PE Hub

AUGUST 3, 2023

RCG is a global digital transformation services provider. The post Frontenac-backed RCG Global Services buys Woodridge Software appeared first on PE Hub.

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The Motley Fool

AUGUST 3, 2023

What happened It has been a surprisingly shaky earnings season for airlines, which have seen strong summer demand but also have questions about the quarters to come. Investors have tended to see the glass as half-empty. Shares of JetBlue Airways (NASDAQ: JBLU) , Frontier Group (NASDAQ: ULCC) , and Spirit Airlines (NYSE: SAVE) fell as much as 15.7%, 13.6%, and 12.5%, respectively, for the week as of Thursday afternoon, according to data provided by S&P Global Market Intelligence.

Bidding 246

Bidding Prospects Investors Companies 246

Private Equity Professional

AUGUST 3, 2023

Twin Bridge Capital Partners has added Megan Bogner to its team as a senior associate on the firm’s investor relations team. Before joining Twin Bridge, Ms. Bogner was with New York City-headquartered Acalyx Advisors, a provider of advisory, private placement and investor relations services to private equity firms. Prior to Acalyx, she worked at Citigroup… This content is for members only.

Private Equity Firms 130

Private Equity Firms Private Equity Firms Investors Capital 130

The Motley Fool

AUGUST 3, 2023

Image source: Getty Images The median sale price of a home climbed to $436,800 in the first quarter of 2023, and many shoppers are still looking for homes despite the fact that interest rates on mortgage loans have rapidly increased since the heart of the pandemic. With home prices and mortgage rates both pretty high, it's important to be smart about buying a home.

Investing 246

Investing 246

Private Equity Professional

AUGUST 3, 2023

Lower middle-market investor Southfield Capital has promoted Brandon Pinderhughes to partner. Mr. Pinderhughes joined Southfield in July 2014 as a senior associate and was promoted to principal in April 2019. Mr. Pinderhughes is currently on the board of directors of Protos Security, a Virginia-based provider of security guards and administrative services that was acquired in… This content is for members only.

Capital 130

Capital Investors 130

The Motley Fool

AUGUST 3, 2023

Altria (NYSE: MO) owns the Marlboro brand in the United States, which held a massive 42% market share in the first quarter of 2023. The company's overall market share is 47% when you take into account all of its brands. That's a great position to be in, but there's a problem with the business: Fewer people are smoking. That changes the dynamics, and the company's three cigarette price increases in the first seven months of 2023 could be a sign of problems to come.

Shareholders 246

Shareholders Accounting Companies Investors 246

Private Equity Professional

AUGUST 3, 2023

Apollo has completed its acquisition of Univar Solutions, a distributor of commodity and specialty chemicals, at an enterprise value of $8.1 billion. Co-investing on this transaction with Apollo is the Abu Dhabi Investment Authority. Univar’s (NYSE: UNVR) products include epoxy resins and polyurethanes; ingredients for cleaners and detergents; additives for lubricants and metalworking fluids; ingredients… This content is for members only.

Enterprise Values 130

Enterprise Values Investing 130

The Motley Fool

AUGUST 3, 2023

Ken Fisher knows a thing or two about investing. His father, Philip Fisher, wrote the classic book Common Stocks and Uncommon Profits. He has also written several investing bestsellers of his own. His Fisher Investments firm ranks as one of the largest money managers in the country. Fisher's current net worth stands at $7.2 billion, according to Forbes.

Stock Market 246

Stock Market Stock Market Asset Management Prospects 246

Entrepreneur - VC

AUGUST 3, 2023

Passengers on the runway at Hartsfield-Jackson Atlanta International Airport were evacuated on emergency slides after a Delta Airlines plane blew out a tire during a rough landing.

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97

The Motley Fool

AUGUST 3, 2023

Image source: Getty Images I will soon be buying a home , so I've been spending my time lately shopping around for a mortgage loan. I've gotten several quotes from different mortgage lenders , and there are a few key things that I'm looking for as I compare the options that are available to me. Here are the four factors I'm considering to help me get the right loan for my particular situation. 1.

Debt 245

Debt 245

FinSMEs

AUGUST 3, 2023

Jericho Security, a New York-based cybersecurity startup, raised $3m in Pre-Seed funding. The round was led by Jasper Lau’s Era, with participation from Lux Capital, FoundersXFund, MetaLabs, Alcove, Textbook, Alumni Venture Group, Thorntree, Daniel Liem, Henry Elkus and Contrary. Founded in 2023 by veteran AI technologist and former Agolo CEO Sage Wohns, FiscalNote Co-Founder and […] The post Jericho Security Raises $3M in Pre-Seed Funding appeared first on FinSMEs.

Startups 98

Startups Funds Capital 98

The Motley Fool

AUGUST 3, 2023

Albemarle (NYSE: ALB) stock fell 1.8% on Thursday following the giant lithium producer's release on the prior afternoon of its second-quarter 2023 report. The stock's modest decline might lead some investors to believe the report was only so-so or slightly negative. This was not the case -- the report was very good. Indeed, shares had gained more than 5% in Wednesday's after-hours trading session.

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Earnings Before Interest Amortization Depreciation Assets 245

FinSMEs

AUGUST 3, 2023

Odore, a London, UK-based customer engagement platform empowering direct-to-consumer (D2C) brands to streamline their marketing efforts, raised $5m in Seed funding. The round was led by Fuel Ventures with participation from existing investors. Launched in 2020 by co-founders Armaan Mehta and Karan Gupta, both graduates of London School of Economics, Odore provides a preferred customer engagement […] The post Odore Raises $5M in Seed Funding appeared first on FinSMEs.

Funds 98

Funds Investors 98

The Motley Fool

AUGUST 3, 2023

Investors may remember 2023 as the year AI found its footing. While the technology is not new, the potential for large language models (LLMs) like ChatGPT to change life as we know it has reinvigorated many AI stocks. Nonetheless, the gains do not mean that all AI stocks benefited proportionately. Some stocks have probably risen too far as a result, while others have not been appreciated enough.

Conglomerates 245

Conglomerates Investors Companies Returns 245

FinSMEs

AUGUST 3, 2023

Endor Labs, a Palo Alto, CA-based creator of the code and pipeline governance platform, raised $70M in Series A financing. Backers in the round, which included $22M converted to equity from the previous round, included Lightspeed Venture Partners, Coatue, Dell Technologies Capital, Section 32, and over 30 CEOs, CISOs, and CTOs. Arif Janmohamed of Lightspeed, Sri Viswanath of Coatue […] The post Endor Labs Raises $70M in Series A Funding appeared first on FinSMEs.

Funds 98

Funds Financing Finance Capital 98

The Motley Fool

AUGUST 3, 2023

Fool.com contributor Parkev Tatevosian evaluates the latest big news out of Nikola (NASDAQ: NKLA) and what it could mean for investors. *Stock prices used were the afternoon prices of July 31, 2023. The video was published on August 2, 2023. 10 stocks we like better than Nikola When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* They just revealed what they believe are the ten

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Investors Returns Investing 244