Fri.Jul 05, 2024

article thumbnail

A Shocking Robotaxi Stock You Don't Want to Overlook

The Motley Fool

Croatian automaker Rimac announced a robotaxi concept last week, and Mobileye (NASDAQ: MBLY) is the one powering the company's autonomous driving technology. Could this be a path to millions of vehicles becoming fully autonomous? In this video, Travis Hoium covers the company's strategy to be a key technology provider. *Stock prices used were end-of-day prices of June 30, 2024.

Returns 246
article thumbnail

The Automatic Investing Revolution

A Wealth of Common Sense

My personal finance pipedream for America is that we adopt something like Australia’s retirement system where workers are forced to save a certain percentage of their income for retirement. That pipedream will never happen because Americans hate being forced to do anything. You need to make people think that saving for retirement is their idea.

Investing 108
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

2 Artificial Intelligence Stocks That Could Make You a Millionaire

The Motley Fool

Artificial intelligence (AI) is the hot trend on the market today. While there is certainly some hype associated with it, AI looks to have some staying power and is poised to have a real effect on the economy. People and companies are using AI to use and create all kinds of transformative applications. Photo imaging that's never been done before and data analysis at unheard-of speeds are just two examples.

article thumbnail

HIG Capital to acquire CGH Group

Private Equity Wire

An affiliate of HIG Capital, a global alternative investment firm with $64bn of capital under management, is to acquire CGH Group, a manufacturer of large, engineered storage tanks and tank accessories in EMEA. CGH was established in the mid-1990s and is headquartered in Bydgoszcz, Poland. According to a statement, the company applies a fully automated production process of environmentally friendly storage tanks for flammable and hazardous liquids, water, or liquefied petroleum gas, as well as t

Capital 102
article thumbnail

One of Warren Buffett's 8 "Forever" Holdings Just Became Wall Street's Newest Stock-Split Stock

The Motley Fool

For almost 60 years, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett has been wowing Wall Street with his investing prowess. Since becoming CEO in 1965, the affably dubbed "Oracle of Omaha" has overseen a nearly 4,950,000% aggregate return in his company's Class A shares (BRK.A). This explains why roughly 40,000 investors eagerly flock to Berkshire's annual shareholder meeting each year.

article thumbnail

PE firms up acquisitions of UK companies

Private Equity Wire

Private equity firms have significantly increased their buyouts of British companies, with 95 deals worth a cumulative £13.8bn in the first half of 2024, according to a report by the Times citing industry research. Figures compiled by the Centre for Private Equity and Management Buyout Research at Nottingham University Business School show that across Europe, there were a total of 327 deals valued at €49.6bn, including 11 “mega deals” each worth more than €1bn.

More Trending

article thumbnail

IK in talks over sale of Mademoiselle Desserts to the Emmi Group

Private Equity Wire

IK Partners’ IK VIII Fund has entered into exclusive discussion to sell its stake in Mademoiselle Desserts, a European manufacturer of frozen pastries, to the Emmi Group. Financial terms of the proposed transaction have not been disclosed. In partnership with IK since 2018, Mademoiselle Desserts has acquired Pâtisserie Michel Kremer in 2018; Les Délices Des 7 Vallées in 2019; Planète Gourmet in 2021; and Galana in 2023.

Stakes 98
article thumbnail

2 "Magnificent Seven" Stocks to Buy Right Now

The Motley Fool

Bank of America analyst Michael Hartnett took a cue from a classic Western film last year when he expanded on the idea of the FAANG stocks, dubbing his new set of the most important companies on Wall Street the " Magnificent Seven. " These commanding megacaps are: Microsoft (NASDAQ: MSFT) Apple (NASDAQ: AAPL) Nvidia (NASDAQ: NVDA) Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) Amazon (NASDAQ: AMZN) Meta Platforms (NASDAQ: META) Tesla (NASDAQ: TSLA) All of them remain dominant forces in today's market -

Banks 246
article thumbnail

KKR to acquire Varsity Brands from Bain Capital in $4.75bn deal

Private Equity Wire

Private equity firm KKR & Co has agreed a deal to acquire Varsity Brands, a US manufacturer of sports uniforms and school yearbooks, from Bain Capital for approximately $4.75bn, including debt, according to a report by Reuters. The report cites sources familiar with the matter as confirming that the acquisition will see Varsity Brands become part of KKR’s Americas private equity fund.

article thumbnail

Should You Buy Rocket Lab Stock Below $5?

The Motley Fool

There might not be anything harder than building a private spaceflight company. One company has done so with consistent commercial success -- SpaceX -- with other start-ups such as Blue Origin failing to gain much traction even with close to unlimited funding from their owners. The opportunity in front of these companies is enormous. Analysts expect the space economy to be worth more than $1 trillion within a decade, but few are seemingly up to the task.

article thumbnail

Secondaries surge continues as buyers look to snap up small, mid-sized buyout fund stakes

AltAssets

Secondaries volumes could soar by 20% this year to a record of around $137bn, new data from Jasmin Capital suggests, underscoring the accelerating rise of the asset class in recent years. The post Secondaries surge continues as buyers look to snap up small, mid-sized buyout fund stakes first appeared on AltAssets Private Equity News.

Buyout 95
article thumbnail

Buy Everything (With Just 2 Vanguard ETFs)

The Motley Fool

Many people find investing daunting, and for good reason. Selecting individual investments can be a confusing, time-consuming, and stressful task. There's always a fear that you might be "wrong" even though everyone is wrong sometimes. Don't let that put you off. There's a simple way to get started, and all you need are two Vanguard exchange-traded funds (ETFs)!

article thumbnail

Greentech investor Nordic Alpha Partners doubles debut fund size with €266m Fund II close

AltAssets

Greentech growth equity investor Nordic Alpha Partners has raised €266m for its sophomore fund, double the total collected for its debut investment vehicle. The post Greentech investor Nordic Alpha Partners doubles debut fund size with €266m Fund II close first appeared on AltAssets Private Equity News.

Funds 93
article thumbnail

Are You Financially Secure? CNBC Survey Reveals What Americans Think That Means

The Motley Fool

Image source: Getty Images If you spend enough time on social media, you'll find them: the financial security bros. They'll tell you how to become more financially secure with their 14-point plans, but they never really tell you what financial security means. This is probably, in part, because financial security can mean a lot of different things to different people, depending on their income and financial situation.

Debt 246
article thumbnail

Natcap Raises $10M in Series A Funding

FinSMEs

Natural Capital Research Limited (Natcap), a London, UK-based company delivering nature data, raised $10M in Series A funding. Backers included André Hoffmann, Norinchukin Capital, Yeo Ventures, Pelican Ag, David Craig, Oxford Science Enterprises, MW&L Capital Partners, and Alea Iacta Est, all of which participated in the company’s £2.5M seed round in early 2023.

Funds 70
article thumbnail

Struggling With Healthcare Bills? Take These 4 Steps Now

The Motley Fool

Image source: Getty Images Some expenses in life are unavoidable. And medical bills tend to fall into that category. The problem is that even with health insurance, you might find yourself struggling to keep up with those expenses. If that's the boat you're in right now, take these four steps immediately. 1. Make sure the charges are accurate Just because you receive a medical bill for a certain amount of money doesn't mean that's the correct amount to pay.

Debt 246
article thumbnail

KHK & Partners launches Ayala Capital spin-off to focus on MENA capital raising

Private Equity Wire

KHK & Partners has launched spin-off business Ayala Capital, a newly formed entity that will provide capital-raising solutions and services to global asset managers interested in the MENA region. Against a backdrop of falling distribution and rising capital-raising challenges in the US and European markets, the MENA regions remains a net exporter of capital, and is poised to maintain this role due to its sustained economic surplus and strategic financial reserves.

Capital 75
article thumbnail

Why Did Taiwan Semiconductor Stock Rise 15% Last Month?

The Motley Fool

Shares of Taiwan Semiconductor (NYSE: TSM) , also known as TSMC, climbed 15.4% in June, according to data provided by S&P Global Market Intelligence. The stock climbed thanks to impressive monthly sales data and bullish news from other companies in the semiconductor industry. TSMC reported impressive monthly sales figures TSMC is one of the few publicly traded companies that provides monthly financial data.

Returns 246
article thumbnail

Ex-Quad-C execs beat $250m target for debut Iron Path Capital fundraise

AltAssets

Iron Path Capital, an operationally focused private equity firm launched by a pair of former Quad-C investment professionals, has beaten its debut fundraising target through a $273m final close. The post Ex-Quad-C execs beat $250m target for debut Iron Path Capital fundraise first appeared on AltAssets Private Equity News.

article thumbnail

Can Social Security Actually Go Broke? Here's the Real Story All Retirees Should Know.

The Motley Fool

Not long ago, I was helping a friend decide whether they should invest for retirement in a traditional IRA versus the Roth version. As we discussed the tax benefits of each account, my friend made a comment along the lines of, "Well, I'd better up my savings game either way, since I can't count on Social Security to pay me a dime." On the one hand, I was kind of glad he said that.

Taxes 246
article thumbnail

B&B Hotels attracts PE bids of over €3bn

Private Equity Wire

Two major private equity firms, KKR and CVC, have submitted bids exceeding €3bn for B&B Hotels, a French budget hotel chain that was founded in Brest, Brittany in 1990, and has since expanded to 17 European countries, according to a report by the Times. The report cites unnamed sources as revealing that Goldman Sachs, which had hoped to fetch €3.5bn for the hotel chain, has received offers ranging between €3.2bn and €3.3bn, a significant increase on the €1.9bn it paid to acquire the company

Bidding 75
article thumbnail

Better Chip Stock: Arm Holdings vs. Intel

The Motley Fool

Arm Holdings (NASDAQ: ARM) and Intel (NASDAQ: INTC) are two of the most important chipmakers in the world. Arm is the world's leading designer of mobile CPUs, while Intel is the largest producer of PC and server CPUs. Arm only licenses its designs to other chipmakers, but Intel is an integrated device manufacturer (IDM) that designs, manufactures, and markets its own chips.

Returns 246
article thumbnail

Bain and CVC mull £20bn bid for Sanofi’s consumer unit

Private Equity Wire

A number of private equity firms including Bain Capital and Cinven are considering making a bid to acquire Sanofi’s consumer health business unit for around $20bn, according to a report by Bloomberg. The report sits unnamed sources as revealing that Advent International is also discussing a combined bid with other investors, including the Abu Dhabi Investment Authority, while French state investment firm Bpifrance is also Sid to be exploring a possible investment as well.

Bidding 74
article thumbnail

2 Millionaire-Maker Technology Stocks

The Motley Fool

To turn a relatively small investment into $1 million, you need to look for fast-growing companies operating in a large market. Ideally, you should look for companies growing their revenue at high rates. Companies posting consistently high growth rates in revenue indicates growing demand for a product that is filling a massive market opportunity. That said, let's look at two growing companies that could potentially help you become a millionaire investor. 1.

Returns 245
article thumbnail

Astria Raises $12.5M in Funding

FinSMEs

Astria, a blockchain ecosystem company, raised $12.5M in funding. The round was led by dba and Placeholder VC, with participation from RockawayX, Maven11, 1kx, Figment Capital and Batu. Angels included Yuki, DCBuilder, Hasu, Will Price, Robert Miller, Mert, Jason Yanowitz, Mike Ippolito, and Bankless Ventures also participated. The company intends to use the funds to […] The post Astria Raises $12.5M in Funding appeared first on FinSMEs.

Funds 67
article thumbnail

Better Artificial Intelligence (AI) Stock: Intel vs. AMD

The Motley Fool

Increased demand for artificial intelligence (AI) services created steep competition among tech companies, particularly in the chip market. Hardware like graphics processing units (GPUs) are crucial to training AI models, creating a lucrative opportunity for the companies developing these chips. Nvidia took the lead in AI GPUs, which led its stock price and earnings to skyrocket over the last year.

Prospects 244
article thumbnail

Anacura Acquires OHMX.bio

FinSMEs

Anacura, a Ghent, Belgium-based company offering medical and pharmaceutical analytical services, acquired OHMX.bio, a Ghent University spin-off specialized in advanced -omics technology. The amount of the deal was not disclosed. The acquisition expands the existing anacura group activities at AnaBioTec and Labo Nuytinck towards drug discovery and diagnostics research.

article thumbnail

Is This Semiconductor Stock a Better Artificial Intelligence (AI) Buy Than Nvidia Right Now?

The Motley Fool

Nvidia (NASDAQ: NVDA) has played a pioneering role in the proliferation of artificial intelligence (AI) technology with the help of its graphics processing units (GPUs), which are being deployed in data centers to train large language models (LLMs) such as ChatGPT, leading to tremendous growth in the company's revenue and earnings. As a result, shares of Nvidia have set the market on fire in the past year, nearly tripling in value.

Returns 244
article thumbnail

Rapid Growth of Virtual Data Rooms in Providing Financial Services

FinSMEs

As the financial sector grows, companies are using VDRs to transform their processes completely. These secure cloud storage spaces provide a safe and efficient way to manage sensitive financial data. This post aims to discuss how data rooms are becoming increasingly necessary in financial services, understand their advantages and characteristics, and discuss the factors to […] The post Rapid Growth of Virtual Data Rooms in Providing Financial Services appeared first on FinSMEs.

article thumbnail

Massive News for Tesla Stock Investors

The Motley Fool

Fool.com contributor Parkev Tatevosian discusses what the latest developments could mean for Tesla (NASDAQ: TSLA) stock investors. *Stock prices used were the afternoon prices of July 1, 2024. The video was published on July 3, 2024. Should you invest $1,000 in Tesla right now? Before you buy stock in Tesla, 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 Tesla wasn’t one of them.

Investors 243
article thumbnail

Deal Roundup: KKR, Francisco Partners go head to head for Thoma Bravo’s $3.4bn Instructure

AltAssets

KKR and Francisco Partners are reportedly battling each other in a bid to acquire Thoma Bravo-backed US education software specialist Instructure, which currently has a market value of about $3.4bn. The pair are through to the final round of bidding and expected to submit binding offers next week, Reuters reported, citing unnamed sources. Thoma Bravo […] The post Deal Roundup: KKR, Francisco Partners go head to head for Thoma Bravo’s $3.4bn Instructure first appeared on AltAssets Private E

Bidding 75
article thumbnail

New Survey Shows: Most Middle-Class Americans Are Struggling to Save Money. How Do You Compare?

The Motley Fool

Image source: Getty Images Unemployment is low and by most measures the U.S. economy is booming -- but many middle-income Americans are feeling financial hardship. A new survey from the National True Cost of Living Coalition shows that 65% of Americans who are usually identified as "middle class" (defined as earning more than 200% of the federal poverty level, or $62,400 for a family of four in 2024) said that they are struggling financially.

Debt 241
article thumbnail

Europe’s airlines need Lufthansa-Ita to beget more deals

Financial Times M&A

EU decision not to throttle deal is good news for other legacy flag carriers seeking consolidation

87
article thumbnail

The S&P 500 Is Up Over 14% Halfway Through 2024. History Says This Is How It Will Do the Rest of the Year

The Motley Fool

The higher the S&P 500 goes, the more inevitable it is for doubts and questions to arise about how long the bullishness can last. Investors may be wondering whether stocks have become overvalued, if there's a bubble forming, and -- more importantly -- whether it's time to get out of stocks altogether and move your money into something safer. Below, I'll look at how the index has historically done after notching a strong performance at the halfway mark of the year, and whether investors shoul

Prospects 239