Fri.Jan 19, 2024

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Why ChargePoint Stock Plunged to a 52-Week Low This Week

The Motley Fool

ChargePoint Holdings (NYSE: CHPT) stock made a solid comeback in December , but it's failing miserably to hold up this year so far. Shares of the electric vehicle (EV) charging infrastructure company plunged to a 52-week low this week and were trading 13% lower as of 10:40 a.m. ET Friday this week alone, according to data provided by S&P Global Market Intelligence.

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Arcline to take aerospace company Kaman private for $1.8bn

PE Hub

When the deal closes, Kaman will stop trading on the New York Stock Exchange. The post Arcline to take aerospace company Kaman private for $1.8bn appeared first on PE Hub.

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1 Warren Buffett Dividend Stock Down 42% to Buy in 2024 and Hold

The Motley Fool

Legendary stock market investor Warren Buffett is more widely known for the stocks he buys that go up, but they can't all be zingers. Shares of consumer-focused bank Ally Financial (NYSE: ALLY) have fallen since Buffett added the stock to Berkshire Hathaway 's equity portfolio in early 2022, and it's down about 42% from the peak it reached in 2021. Berkshire Hathaway sold 14 stocks during the third quarter of 2023, seven of which were closed out completely.

Banks 246
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Accounting services firm Harris CPAs inks investment from DFW

PE Hub

Concurrent with DFW’s investment, Michael J. O’Donnell, a DFW operating partner, has become the CEO of Harris CPAs. The post Accounting services firm Harris CPAs inks investment from DFW appeared first on PE Hub.

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Should You Buy a National Parks Pass in 2024?

The Motley Fool

Image source: Getty Images If you're someone who loves to travel , one thing you should know is that you don't need to go overseas to enjoy breathtaking views and scenery. The country's national parks system features hundreds of parks with amazing views and colors (depending on the time of year) that could really take your breath away. The best part?

Debt 246
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Organic mushrooms provider M2 Ingredients grabs investment from Meaningful Partners

PE Hub

M2 is also backed by White Road Investments and InvestEco. The post Organic mushrooms provider M2 Ingredients grabs investment from Meaningful Partners appeared first on PE Hub.

Investing 194

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Wind Point-backed Pavion acquires Integrated Security and Communications

PE Hub

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

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4 Undervalued Passive Income Stocks to Buy in 2024

The Motley Fool

In this video, I will be talking about four dividend-paying companies that you might want to add to your portfolio. All four companies have increased their dividends for at least 25 consecutive years. Dividend stocks can provide stability during rough times like these. I chose a mix of companies in different industries that could provide significant upside for long-term investors.

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Bain Capital Credit raises over $1bn for mid-market credit fund

PE Hub

MMC 22 will focus on backing middle-market businesses. The post Bain Capital Credit raises over $1bn for mid-market credit fund appeared first on PE Hub.

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3 Social Security Changes Retirees Need to Know About in 2024

The Motley Fool

Social Security benefits change every year, and it's important to keep track of anything that will affect your financial plan. High inflation triggered major adjustments in 2023, which might have caught some retirees by surprise. The changes won't be as extreme this year, but there are still some meaningful updates to Social Security that seniors should take into account while setting their 2024 budgets. 1.

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Martis Capital and Din Ventures back dental platform Archway Dental

PE Hub

Archway Dental was launched in partnership with Dental Associates of Connecticut, which was established in 1971. The post Martis Capital and Din Ventures back dental platform Archway Dental appeared first on PE Hub.

Capital 181
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Could Microsoft Stock Help You Retire a Millionaire?

The Motley Fool

Microsoft (NASDAQ: MSFT) stock has turned many shareholders into millionaires over the past few decades. After all, the software giant's climb toward $3 trillion of market capitalization has been fantastic, punctuated recently by its overtaking Apple as the world's most valuable business. It pays well to be along for that kind of ride, even if you were relatively late to the growth party.

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Kian Capital-backed PARC Auto hires Hill as CEO and Simecek as CFO

PE Hub

Hill will succeed founder Bryan Brown, who is retiring. The post Kian Capital-backed PARC Auto hires Hill as CEO and Simecek as CFO appeared first on PE Hub.

Capital 192
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Why Intel Stock Cruised to a 3% Gain Today

The Motley Fool

A new chipmaking rival might be arriving on the scene before long, but that only bolstered sentiment on one of the sector's top incumbents on Friday. Investors flocked to Intel (NASDAQ: INTC) stock on the news, pushing its share price 3% higher. That performance notably exceeded the gain of the S&P 500 index, which despite a generally good day for stocks didn't come close, with its 1.2% rise.

Funds 246
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WCAS acquires fintech firm EquiLend

PE Hub

No financial terms were disclosed for the deal; however, WCAS is investing an additional $200 million to support EquiLend's growth initiatives and acquisitions. The post WCAS acquires fintech firm EquiLend appeared first on PE Hub.

Investing 178
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Why IBM Stock Soared Higher on Friday

The Motley Fool

International Business Machines (NYSE: IBM) has notably lagged behind its more glamorous peers in the tech sector. That wasn't necessarily the case on Friday with its stock, as the shares rushed to close nearly 3% higher. This was more than double the 1.2% rate the S&P 500 index rose on the day. A researcher's upgrade was the key reason for the pronounced upward move.

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Fix that fender: 5 PE deals betting on car parts and services

PE Hub

Brookfield, CenterGate, Monomoy, MPE and O2 all announced January deals in auto parts, repair and maintenance. The post Fix that fender: 5 PE deals betting on car parts and services appeared first on PE Hub.

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Why AMD, Intel, and Qualcomm Stock Were Up on Thursday -- Great News for Semiconductor Investors

The Motley Fool

In today's video, I discuss recent news affecting Advanced Micro Devices (NASDAQ: AMD) and a few other semiconductor companies. Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the after-market prices of Jan. 18, 2024. The video was published on Jan. 18, 2024. Should you invest $1,000 in Advanced Micro Devices right now?

Investors 246
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Arcline in $1.8bn take-private deal; plus 5 PE firms that think it’s time to tune up your car

PE Hub

Good morning dealmakers, thank goodness it’s Friday. It’s Obey Martin Manayiti here with the newsletter this morning. We’ll start with the news that Arcline is buying a manufacturer for $1.8 billion. Up next, we’ve got some healthcare deal news from Ampersand. For our Friday listicle, we’re rounding out the week with a look at five […] The post Arcline in $1.8bn take-private deal; plus 5 PE firms that think it’s time to tune up your car appeared first on PE Hub.

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Financial Statement Series: Lucid Stock Analysis

The Motley Fool

Fool.com contributor Parkev Tatevosian reviews Lucid Motors ' (NASDAQ: LCID) most recent financial statement. *Stock prices used were the afternoon prices of Jan. 16, 2024. The video was published on Jan. 18, 2024. Should you invest $1,000 in Lucid Group right now? Before you buy stock in Lucid Group, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now. and Lucid Group wasn't one of them.

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Wind Point-backed Targeted PetCare buys pet treats provider Pet Brands

PE Hub

Targeted Petcare is a pet consumables platform. The post Wind Point-backed Targeted PetCare buys pet treats provider Pet Brands appeared first on PE Hub.

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History Says the Nasdaq Will Surge in 2024: 2 Top AI Stocks to Buy Before It Does

The Motley Fool

It is impossible to predict the future, especially in the stock market, but historical patterns do suggest certain outcomes are more likely than not. For instance, analysis of trading data going back to 1971 shows the Nasdaq Composite has risen an average of 19% in the year following a market recovery year like the one that occurred in 2023. Investors looking to buy stocks in 2024 stand to benefit significantly if past trends hold.

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iuvo BioScience scoops up ophthalmology-focused clinical CRO Promedica International

PE Hub

Ampersand Capital Partners is backing the combined business. The post iuvo BioScience scoops up ophthalmology-focused clinical CRO Promedica International appeared first on PE Hub.

Capital 164
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Better Artificial Intelligence (AI) Stock: Nvidia vs. AMD

The Motley Fool

Artificial intelligence (AI) stocks were on fire on the market in 2023, especially chipmakers Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD) , which saw their shares jump significantly on the back of the booming demand for AI chips. These two chip stocks could have another solid year in 2024 thanks to AI. Investment bank UBS predicts that sales of AI-focused graphics processing units (GPUs) and chips could rise 60% annually between 2022 and 2027.

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Monument taps Ronan as associate

PE Hub

Prior to Monument, Ronan was an investment banking analyst at Stout. The post Monument taps Ronan as associate appeared first on PE Hub.

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Is Microsoft Stock a Buy Now?

The Motley Fool

Investors have some high expectations around Microsoft 's (NASDAQ: MSFT) upcoming earnings report. In late January, the software company is likely to announce strong growth in its core cloud-services segment while talking up the impact that artificial intelligence (AI) is having across its business. But investors might have already accounted for this good news in a stock that's now worth close to $3 trillion.

Financing 245
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Software acquirer Valsoft lands $170m in growth financing

PE Hub

The investment was led by Coatue and Viking Global Investors. The post Software acquirer Valsoft lands $170m in growth financing appeared first on PE Hub.

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Why Super Micro Computer Stock Is Skyrocketing Today

The Motley Fool

Shares of Super Micro Computer (NASDAQ: SMCI) were up by a remarkable 32% as of 12:15 p.m. ET Friday, according to data from S&P Global Market Intelligence. After the market closed Thursday, the high-performance server and data storage maker published preliminary results for the second quarter of its fiscal 2024 -- which ended Dec. 31. The company dramatically increased its performance targets with the update, and investors are responding by aggressively buying its shares.

Returns 245
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Aquiline Capital Invests in PharmaForce, Boosting Its Healthcare Portfolio

Private Equity Insights

Aquiline Capital Partners (Aquiline), a private investment firm with over $10bn in AUM, has made a majority investment in PharmaForce, a pharmacy solutions provider to hospitals and health clinics. Financial terms of the deal have not been disclosed. The provider has delivered 340B administration software to over 280 clients since its inception in 2017 and recently launched a pharmacy benefits management offering.

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Why Litecoin Popped More than 5% Today

The Motley Fool

It's been a mixed day thus far for crypto investors, with a bifurcation among various top-tier cryptocurrencies and their smaller counterparts appearing to build. One notable large-cap winner in today's market is Litecoin (CRYPTO: LTC) , which has surged 5.3% over the past 24 hours as of 3:15 p.m. ET. Now a top 20 cryptocurrency by market capitalization (currently ranked No. 18), Litecoin remains a top proof-of-work network investors view as a proxy for the crypto payments niche.

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Goldman Sachs Exceeds Alternative Investment Fundraising Goal by $25bn

Private Equity Insights

Aquiline Capital Partners (Aquiline), a private investment firm with over $10bn in AUM, has made a majority investment in PharmaForce, a pharmacy solutions provider to hospitals and health clinics. Financial terms of the deal have not been disclosed. The provider has delivered 340B administration software to over 280 clients since its inception in 2017 and recently launched a pharmacy benefits management offering.

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3 Costco Essentials I Always Keep on Hand

The Motley Fool

Image source: Getty Images Some people shop at Costco on occasion, such as when they need a specific household item in bulk. I, however, shop at Costco every week, and it's definitely become my go-to source for certain staples. Here are three essentials I always buy at Costco -- and try to always make a point to keep around. 1. Tissues Whether it's allergies, a cold, or something else, it seems like someone in my house constantly has sniffling going on.

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KKR-backed BrightSpring Aims for $1.36bn in IPO

Private Equity Insights

BrightSpring Health Services, a community-based healthcare services provider backed by private investment firm Kohlberg Kravis Roberts & Co (KKR), is looking to raise as much as $1.36bn in a public offering and a sale of convertible securities, according to a report by Bloomberg. The report cites a recent regulatory filing as revealing that the company is planning to market 53.3m shares at between $15 and $18 each, which would raise about $960m at the top end of that range.

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Meet the Stock Warren Buffett Has Purchased Shares of Almost Every Month for More Than 5 Years

The Motley Fool

For nearly six decades, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett has been dazzling Wall Street with his investing prowess. Since becoming CEO in the mid-1960s, the Oracle of Omaha, as he's best known, has overseen a greater than 4,450,000% aggregate return in his company's Class A Shares (BRK.A), as of the closing bell on January 12.

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