The Motley Fool

NOVEMBER 23, 2023

Nvidia (NASDAQ: NVDA) has been in red-hot form on the stock market in 2023. Shares of the semiconductor giant have more than tripled so far with eye-popping gains of 237%, which has taken its market cap well beyond the $1 trillion mark. Nvidia currently has a market cap of $1.2 trillion, up from just over $350 billion at the beginning of the year. This massive surge is a result of the terrific acceleration in the company's growth recently thanks to its dominant position in the artificial intelli

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PE Hub

NOVEMBER 23, 2023

BMI is a performing rights organization based in New York. The post New Mountain Capital to buy majority stake in Broadcast Music appeared first on PE Hub.

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The Motley Fool

NOVEMBER 23, 2023

If you have a high income, you may feel the new $23,000 limit on 401(k) contributions and $7,000 limit on IRAs in 2024 isn't enough. Well, you may be in luck. A little-known hack could allow you to save up to $46,000 more in a tax-advantaged retirement account in 2024. It's called the mega backdoor Roth. Read on to learn how you can access this colossal retirement option and what it can do to supercharge your savings.

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Private Equity Insights

NOVEMBER 23, 2023

The Nigerian Sovereign Investment Authority (NSIA) has agreed on a partnership with a U.S.-based private equity firm Z Capital Group (ZCG) to establish an investment infrastructure fund for Africa. This is according to reports from Bloomberg, ZCG and NSIA have outlined their intentions to invest in equity, debt, and a mix of financial instruments in various sectors, encompassing healthcare, digital and social infrastructure, renewable energy, and climate-smart agriculture.

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The Motley Fool

NOVEMBER 23, 2023

Many investors have lost interest in Zoom Video Communications (NASDAQ: ZM) since the pandemic faded, and I doubt many consider it a worthwhile artificial intelligence (AI) stock today. But Cathie Wood's Ark Invest remains very bullish. The firm has 4.6% of its invested assets in Zoom, and the stock is the sixth-largest holding across its portfolio of innovation-focused index funds.

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Private Equity Insights

NOVEMBER 23, 2023

Open Gate Capital, a global private equity firm, announced today that it has signed a definitive agreement with Cineplex, Canada’s leading entertainment and media company, to acquire their Player One Amusement Group (“P1AG” or “Player One”) division. OpenGate will acquire all issued and outstanding common shares of P1AG for a total transaction value of $116.5m, subject to certain closing adjustments.

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Private Equity Insights

NOVEMBER 23, 2023

Origin Energy’s largest shareholder AustralianSuper said on Thursday it will vote against a latest revised $10.6bn takeover bid from a Brookfield-led consortium, reiterating its view that the offer is “substantially below” its estimate of the power producer’s long-term value. Under the new terms, the A$9.43 per share bid remains but some investors can stay invested in the energy markets business that would be owned by Brookfield.

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The Motley Fool

NOVEMBER 23, 2023

The cybersecurity industry is quickly growing in both importance and value as businesses face advanced threats in an increasingly online planet. Palo Alto Networks (NASDAQ: PANW) is one of the world's leading providers of protection. In a recent presentation to investors, Palo Alto said financially motivated ransomware attacks are up 37% this year compared to 2022.

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Private Equity Insights

NOVEMBER 23, 2023

The luxury Italian shoemaker Golden Goose is preparing for a potential initial public offering (IPO) on the Milan stock market, with banks proposing valuations ranging from €3bn to €4bn. In a show of support and brand alignment, over twenty investment bankers donned the company’s $600 sneakers during their pitches last week. The move towards an IPO comes after Permira, the private equity firm that acquired Golden Goose in 2020, considered a sale earlier in June 2023 but later decided to pu

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The Motley Fool

NOVEMBER 23, 2023

The stock market has been in turnaround mode in 2023 after the severe beating it took last year, on account of rising inflation and the Federal Reserve's interest rate hikes to control it, and this is evident from the 18% jump in the S&P 500 index. Some market watchers believe that the S&P 500 is in a bull market phase now (others contend a bull market doesn't start until the S&P 500 also hits a new all-time high).

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FinSMEs

NOVEMBER 23, 2023

Entropica Labs, a Singapore-based quantum software company, raised US$ 4.7M in Series A funding. The round was led by Liftt and existing investor Wavemaker Partners. Additional investors included SEEDS Capital, CerraCap Ventures, SUTD Venture Holdings, and previous seed investors, Elev8 VC. The company intends to use the funds to expand the team, continue leveraging existing […] The post Entropica Labs Raises US$ 4.7M in Series A Funding appeared first on FinSMEs.

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The Motley Fool

NOVEMBER 23, 2023

Image source: Getty Images There's a reason so many buyers have struggled to purchase a home -- prices are high at a time when mortgages are expensive to sign. Mortgage lenders slashed their rates in 2020 as the COVID-19 pandemic fueled a broad economic crisis. But mortgage rates have risen sharply since early 2022, putting more of a strain on buyers at a time when home prices are high.

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Taxes 246

FinSMEs

NOVEMBER 23, 2023

Crezco, a London, UK-based fintech company that uses open banking to make B2B invoice payments easy and secure, has secured $12m in Series A funding. The round was led by MMC Ventures and 13Books Capital. The company intends to use the funds to expand operations and its business reach. Led by Ralph Rogge, Founder and […] The post Crezco Receives $12M in Series A Funding appeared first on FinSMEs.

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The Motley Fool

NOVEMBER 23, 2023

Image source: Getty Images If you managed to secure a mortgage loan in the salad days of 3% rates in 2020 and 2021, you might feel very lucky indeed. As of this writing, the average rate on a 30-year fixed loan is sitting at 7.44%, according to Freddie Mac, a figure more than double the rock-bottom rate many people were fortunate enough to scoop up just a few short years ago.

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FinSMEs

NOVEMBER 23, 2023

Aelius Biotech, a Newcastle Upon Tyne, UK-based testing services provider for pharmaceutical and nutrition companies, raised $1.25M in funding. The round was led by North East Venture Fund, supported by the European Regional Development Fund and managed by Mercia Ventures. The company intends to use the funds to meet demand by relocating from the university into laboratories […] The post Aelius Biotech Raises £1.25M in Funding appeared first on FinSMEs.

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The Motley Fool

NOVEMBER 23, 2023

Prescription drugs may treat or cure health problems, but all too often, they lead to financial problems. Many don't come cheap, and you usually have no choice but to pay for them. Insurance may help a little, and you might be able to find online coupons to knock down some of the cost. But that's not always enough. Fortunately for seniors, there's a program that could cap prescription drug costs at $4.50 for each generic drug refill and $11.20 for each name-brand drug refill in 2024.

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FinSMEs

NOVEMBER 23, 2023

Climate Alpha, a Singapore-based provider of an AI-driven analytics platform for the real estate, asset management and insurance industries, raised $5M in Seed funding. The round was led by Jungle Ventures. The company intends to use the funds to expand operations and its business reach. Founded by CEO Dr. Parag Khanna, Climate Alpha uses a […] The post Climate Alpha Closes $5M Seed Funding appeared first on FinSMEs.

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The Motley Fool

NOVEMBER 23, 2023

Roku (NASDAQ: ROKU) is one of Cathie Wood 's favorite stocks. It's the second-biggest holding across her Ark Invest funds. It's weighted heavily in the flagship Ark Innovation ETF (NYSEMKT: ARKK) and the Ark Next Generation Internet ETF (NYSEMKT: ARKW). But Wood and her team have been selling Roku shares lately. Ark funds have dumped over 900,000 Roku shares since the start of November.

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The Big Picture

NOVEMBER 23, 2023

My Turkey Day reads: • The Wild World Inside Your Gut : We tackled everything from heartburn, stress, spicy foods and colon cleanses to antibiotics and more. So grab a kombucha, get comfortable and read on for everything you’ve wanted to know about the wild world inside your gut. ( New York Times ) • These People Are Responsible for Thanksgiving’s Most Polarizing Food : How did a berry synonymous with one day of the year become the crown jewel of a billion-dollar business cooperative?

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Prospects 103

The Motley Fool

NOVEMBER 23, 2023

One smart investment strategy is to look for businesses benefiting from some kind of secular trend. These shifts in the economy often aren't too difficult to identify. And for certain companies, they can provide sustainable tailwinds that lead to strong growth over extended periods. For example, dominant tech businesses Amazon (NASDAQ: AMZN) and Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) are both riding unstoppable trends right now.

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FinSMEs

NOVEMBER 23, 2023

London, United Kingdom, November 23rd, 2023, Chainwire Socrates, a web3 social media and entertainment platform, has launched on multiple blockchains following a successful testing phase. With thousands of signups already, the revolutionary app will offer users globally the ability to earn substantial rewards by actively participating in multiple-choice Q&As, debating openly and sharing knowledge.

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The Motley Fool

NOVEMBER 23, 2023

Is your retirement in sight? If so, congratulations! You've worked hard to grow your nest egg. You deserve to live the next chapter of your life on your terms. Before you completely call it quits, though, there's some planning you'll want to do to make sure you can actually afford to start your golden years. Specifically, you'll want to figure exactly how much money you'll need in retirement.

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Private Equity Wire

NOVEMBER 23, 2023

Private equity funds managed by Blackstone, the world’s largest alternative asset manager, are to acquire Civica, a global specialist in public sector software solutions, from private markets firm Partners Group. Financial terms of the transaction have not been disclosed. Civica was founded in 2001 and has since grown into one of the UK’s largest software companies providing automating and streamlining technology services to clients that range from local to central and federal government, health

Education 98

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The Motley Fool

NOVEMBER 23, 2023

Image source: Getty Images Like many kids, when I was younger, I didn't always want to listen to my parents. When they said to go to bed, I'd often sneak a book under my blanket and read it with a flashlight. When they told me to come home at 10 at night, I'd sometimes push it and come home at 10:30. But one of the things I did make a point to listen to was the financial advice my parents gave me as I got a bit older -- old enough to earn money of my own, at least.

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Private Equity Wire

NOVEMBER 23, 2023

Global investment firm Carlyle is to make a majority investment in GBTEC Software AG and affiliates (GBTEC), a provider of business process management (BPM) and governance, risk and compliance (GRC) software. GBTEC’s founder and CEO Gregor Greinke will remain the largest private shareholder and CEO of GBTEC, while co-founder Marc-Oliver Stromberg and the extended GBTEC management team are reinvesting and investing respectively for significant stakes in the company.

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Investing Stakes Leveraging Shareholders 91

The Motley Fool

NOVEMBER 23, 2023

If you plan to tuck away money in a Roth IRA ( individual retirement account ) next year, you'll be glad to know that the contribution limits are going up. Now is a good time to plan ahead so you don't miss out on this opportunity to boost your retirement savings. Roth IRA contribution limits increase in 2024 Roth IRAs are widely known for their tax benefits during retirement.

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Integrity Financial Planning

NOVEMBER 23, 2023

Winter is a magical season filled with frosty landscapes, cozy fires, and the promise of the holiday season. While the cold weather might encourage some to stay in, there’s a myriad of activities that can keep you entertained throughout the season. Here are five engaging winter activities you can try. Craft a Gingerbread House Gingerbread houses and winter go hand-in-hand.

Education 91

Education Financing Finance 91

The Motley Fool

NOVEMBER 23, 2023

Warren Buffett built a reputation as one of the greatest investors with his disciplined value investing approach. By maintaining a long-term perspective and prioritizing fundamentally sound companies with durable competitive advantages, Buffett has become a magician at finding undervalued stocks to build his multibillion-dollar portfolio. One of those companies is BYD (OTC: BYDDY) , a Chinese electric vehicle (EV) manufacturer.

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Private Equity Wire

NOVEMBER 23, 2023

Nomura Holdings Inc has joined the growing list of investment banks looking to grab a slice of the booming $1.6tn private credit market with the Japanese company said to be working on the development of a new private lending strategy, according to a report by Bloomberg. The reports cites unnamed sources with knowledge of the matter as revealing that Nomura is looking to put down $1bn from its own balance sheet over the next 18 months to participate in private lending deals, rivalling firms such

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The Motley Fool

NOVEMBER 23, 2023

Image source: Getty Images It's pretty fair to say that 2023 has been a difficult year to buy a home. The reason boils down to a few factors -- sluggish inventory, expensive home prices, and high borrowing rates for people needing a mortgage. December is unfortunately shaping up to be no exception. Here's what buyers can expect in the coming month. 1.

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Taxes 246

Private Equity Wire

NOVEMBER 23, 2023

LaLiga clubs have received a total of €1bn to invest in infrastructure projects as part of the league’s ‘Impulso’ investment deal with $155bn private equity firm CVC Capital Partners, according to a report by SportsProMedia. Spanish football’s top-flight agreed a €2bn deal with CVC in 2021 for investments in league-led growth projects.

Private Equity Firms 85

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The Motley Fool

NOVEMBER 23, 2023

I have a lot to be thankful for this year. As an investor, I'm very grateful that 2023 has been a bounce-back year for the stock market. (The S&P 500 has delivered a 20% total return so far this year.) Many of the stocks I own have done even better. Some of my best performances have come from dividend-paying stocks, which make up the bulk of my portfolio.

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Private Equity Wire

NOVEMBER 23, 2023

Global private equity firm OpenGate Capital is to acquire Canadian entertainment and media company Cineplex’s Player One Amusement Group division (P1AG) for a total transaction value of CAD155m, subject to certain closing adjustments, with the deal expected to close in early 2024. P1AG is an amusement services provider based in Toronto, Ontario serving customers across Canada and the US.

Private Equity Firms 85

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The Motley Fool

NOVEMBER 23, 2023

Warren Buffett is known for his careful approach to investing. Part of that strategy is finding undervalued stocks, with the expectation that the market will come to recognize their true worth and reward them accordingly with gains. Yet, Buffett fans tend to pay more attention to some of Berkshire Hathaway 's flashier and more exciting holdings and ignore others.

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