Fri.Feb 02, 2024

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When You Look Back in 5 Years, You'll Wish You'd Bought This Trillion-Dollar Artificial Intelligence (AI) Stock

The Motley Fool

The stock market just entered another quarterly earnings season, with the majority of companies set to report their financial results for the period ended Dec. 31, 2023. The technology sector is under the microscope because it's on the front lines of the artificial intelligence (AI) revolution, which is gearing up to be an incredible source of value in the coming years.

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Kinderhook buys Compactor Rentals of America

PE Hub

Lincoln International LLC served as financial advisor to CRA and Bestige. The post Kinderhook buys Compactor Rentals of America appeared first on PE Hub.

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Here's the Average Spousal Social Security Benefit at Ages 62 to 67

The Motley Fool

Social Security is often the largest source of household income in retirement. That means earning a bigger benefit can have a material impact on living standards in later life. Unfortunately, many Americans misunderstand important aspects of the program, and those knowledge gaps can lead to financial mistakes and missed opportunities. For instance, a survey from MassMutual found that 28% of Americans nearing retirement were unaware that a spouse could claim Social Security on the work record of

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Platinum Equity-backed Cook & Boardman acquires manufacturer Discovery Door

PE Hub

Cook & Boardman is a distributor of commercial doors, frames & hardware, electronic access control equipment and specialty products. The post Platinum Equity-backed Cook & Boardman acquires manufacturer Discovery Door appeared first on PE Hub.

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Could Abbott Labs Be the Next Big Winner in the Billion-Dollar Weight Loss Market?

The Motley Fool

Drugmakers Novo Nordisk and Eli Lilly have been making headlines in recent times, thanks to their sought-after weight loss drugs. In fact, the products have become so popular that demand has surpassed supply -- and the companies have been ramping up production to try to keep up. Novo Nordisk's Ozempic and Eli Lilly's Mounjaro are approved for type 2 diabetes, but doctors also have prescribed them for weight loss.

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‘We’re hiring’: 5 PE deals leveraging the talent shortage and other HR complexities

PE Hub

TPG, MidOcean Partners and CDPQ are some of the players investing in the human resources sector. The post ‘We’re hiring’: 5 PE deals leveraging the talent shortage and other HR complexities appeared first on PE Hub.

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Riverside Company-backed EverSmith Brands acquires commercial landscaping franchise U.S. Lawns

PE Hub

The seller was BrightView Holdings Inc. The post Riverside Company-backed EverSmith Brands acquires commercial landscaping franchise U.S. Lawns appeared first on PE Hub.

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This Is the Average 401(k) Balance for Retirees Aged 65 and Older

The Motley Fool

The more money you have in your 401(k), the more comfortable a retirement you can set yourself up for. And the nice thing about 401(k) plans is that many employers offer some sort of matching incentive in these accounts. If you contribute some funds from your paycheck, you may be eligible for free money from your employer. Now, your 401(k) plan balance is likely to grow over time.

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JPMorgan, BofA In Talks to Finance $13 Billion DocuSign Buyout

Private Equity Insights

Wall Street banks including JPMorgan Chase & Co. and Bank of America Corp. are in talks to provide as much as $8 billion in financing for a buyout of DocuSign Inc. that values the company at around $13 billion, according to people with knowledge of the matter. Jefferies Financial Group Inc. and Deutsche Bank AG are also among the lenders considering a role in funding what would be the largest leveraged buyout of the year so far, according to the people, who asked not to be identified discuss

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3 Dates for Disney Stock Investors to Circle in February

The Motley Fool

Shares of Walt Disney (NYSE: DIS) rose by more than 6% last month, quadrupling the market's return. It's a notable achievement for the media stock, as it fell short of the market in each of the three previous years. There isn't a lot going on at Disney in February beyond a critical financial update. Let's take a closer look at the things to watch in the shortest month of the year.

Investors 246
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Schwartz-controlled Trilogy proposes to take Indigo private

PE Hub

Based in Toronto, Indigo is a Canadian book and lifestyle retailer, and the owner of Chapters, a bookstore brand. The post Schwartz-controlled Trilogy proposes to take Indigo private appeared first on PE Hub.

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Spousal Social Security Benefits: 4 Things All Retired Couples Should Know

The Motley Fool

Social Security is a super-important program for seniors but also complex, and learning the rules can be a time-consuming process. However, those rules are important because they could really help in your retirement planning. With that in mind, here are a few things you need to know about Social Security spousal benefits. 1. Benefits max out at 50% of your spouse's monthly Social Security check Generally, your ability to claim Social Security hinges on earning a certain amount of money during yo

Taxes 246
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Charlesbank bets on RIAs; Kinderhook backs trash compactors; Blue Road readies honey maker for sale

PE Hub

Private equity bets on human resources. The post Charlesbank bets on RIAs; Kinderhook backs trash compactors; Blue Road readies honey maker for sale appeared first on PE Hub.

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Prediction: Ethereum Will Reach $10,000 in 2030

The Motley Fool

So far in 2024, Bitcoin (CRYPTO: BTC) has attracted much of the attention of crypto investors, thanks primarily to all the buzz surrounding the launch of the new spot Bitcoin ETFs. But don't sleep on Ethereum (CRYPTO: ETH) , which is finally showing signs of making a bull market breakout above the $2,000 price level. For Ethereum to hit a future price of $10,000 would require it to rise nearly 5 times in value within a relatively short period of time.

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Arjun Infrastructure Partners taps Goyanka as managing director for North America

PE Hub

In his new role, Goyanka will lead investor relations across North America. The post Arjun Infrastructure Partners taps Goyanka as managing director for North America appeared first on PE Hub.

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My Top 24 Stocks to Buy Now in February

The Motley Fool

Fool.com contributor Parkev Tatevosian has ranked his top stocks to buy in 2024. Whether you're a growth stock investor or a passive income investor looking for dividend stocks, there is something for everyone in this excellent list of best stocks to buy. *Stock prices used were the afternoon prices of Jan. 30, 2024. The video was published on Feb. 1, 2024.

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Access Holdings-backed WagWay Group buys pet services firm PUPS Pet Club

PE Hub

WagWay is a wellness-focused pet services company. The post Access Holdings-backed WagWay Group buys pet services firm PUPS Pet Club appeared first on PE Hub.

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My Top 10 Dividend Stocks for Passive Income Investors to Buy in February 2024

The Motley Fool

Fool.com contributor Parkev Tatevosian highlights his 10 best dividend stocks for passive income investors to buy now. *Stock prices used were the afternoon prices of Jan. 31, 2024. The video was published on Feb. 2, 2024. Should you invest $1,000 in Walt Disney right now? Before you buy stock in Walt Disney, 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 Walt Disney wasn't one of them.

Investors 246
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The Stephens Group sells Summit Industrial Construction

PE Hub

The buyer was Comfort Systems. The post The Stephens Group sells Summit Industrial Construction appeared first on PE Hub.

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Is It Worth Paying Extra to Stay at a Walt Disney World Resort Hotel?

The Motley Fool

Image source: Getty Images You can expect to pay significantly more to stay at a Walt Disney World resort hotel than you would at a comparable off-property hotel. But you might be surprised at just how much of a difference we're talking about. Here's a closer look, as well as information about the perks of staying at a Disney hotel. How much more do Disney hotels cost?

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H.I.G. Capital exits Cardinal Logistics

PE Hub

Ryder System Inc acquired Cardinal Logistics. The post H.I.G. Capital exits Cardinal Logistics appeared first on PE Hub.

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What's Going on With Super Micro Computer Stock?

The Motley Fool

Fool.com contributor Parkev Tatevosian reviews the latest developments from Super Micro Computer (NASDAQ: SMCI) and what they could mean for investors. *Stock prices used were the afternoon prices of Jan. 30, 2024. The video was published on Feb. 1, 2024. Should you invest $1,000 in Super Micro Computer right now? Before you buy stock in Super Micro Computer, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy no

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3i Group Reports Strong Quarter with Net Asset Value Jump to £20.34 Per Share, Fueled by £910M Growth in Action Stake

Private Equity Insights

Private equity giant 3i Group boasted of a “good result” for the last quarter of 2023, thanks in large part to its largest holding, Dutch discount retailer Action. The company’s net asset value per share grew from £18.86 to £20.34 over the final three months of the year, with this coming entirely from the value of its stake in Action, growing £910m over the three months.

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Why Nvidia Stock Joined the Tech Party Today

The Motley Fool

Shares of Nvidia (NASDAQ: NVDA) were among the big tech winners today as the AI chip leader was able to ride the coattails from Meta Platforms (NASDAQ: META) and Amazon (NASDAQ: AMZN) , which both jumped today. Not coincidentally, both companies are major Nvidia customers as they are each making their own push into AI. The strong reports seemed to set off a virtuous cycle in the tech sector and lifted Nvidia shares as the chipmaker is the key supplier in AI infrastructure, and euphoria is again

Banks 246
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Blue Road to test appetite for Sweet Harvest Foods

PE Hub

Blue Road acquired Sweet Harvest from Peak Rock in 2021 and made an add-on acquisition of Natural Nate’s in 2022. The post Blue Road to test appetite for Sweet Harvest Foods appeared first on PE Hub.

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Meet Wall Street's Newest Stock-Split Stock, Along With the Company Likeliest to Follow in Its Footsteps

The Motley Fool

Volatility on Wall Street has been inescapable since this decade began. Although the CBOE Volatility Index is currently at a multiyear low, investors have watched as the three major stock indexes have vacillated between bear and bull markets in successive years since the start of 2020. When the going gets tough on Wall Street, investors have historically turned their attention to time-tested businesses with a history of outperformance.

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Charlesbank commits $250m to Rise Growth Partners

Private Equity Insights

According to a press release, the capital from Charlesbank and Rise’s management combined will go towards the acquisition of significant minority stakes in select RIA firms. Rise will focus on high-growth RIAs with AUM between $1bn to more than $5bn. Following investment, Rise intends to provide these firms with growth capital, operational guidance and acquisition expertise to fuel their development into “the next generation of national wealth management platforms”.

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More Than Half of All Parents Regret Making This Financial Mistake With Their Kids

The Motley Fool

Image source: Getty Images U.S. parents recently revealed one of their biggest regrets in a study by Empower. More than half (57%) said they regretted not having more money conversations with their children as they grew up. And 60% said that if they could turn back the clock, they would've made teaching financial literacy a priority. When you have kids, you do your best to set them up for success.

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Carlyle’s Rubenstein acquires Baltimore Orioles for $1.725 Bn

Private Equity Insights

John P. Angelos agreed to sell the Baltimore Orioles to private equity billionaires David Rubenstein and Mike Arougheti, Puck News reported Tuesday. The transaction values the Orioles at $1.725 billion, according to the report. Rubenstein, a Baltimore native, had previously shown interest in buying the Washington Nationals. He and the New York-based Arougheti are both founders of private equity firms, the Carlyle Group and Ares Management Corp., respectively.

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Amazon Stock Pops 7% as Earnings Sprint by Expectations on Strong Holiday Shopping Season

The Motley Fool

Shares of Amazon (NASDAQ: AMZN) jumped 7.1% in Thursday's after-hours trading session, following the e-commerce and cloud computing leader's release of its fourth-quarter 2023 report. The gain is attributable to the quarter's revenue and earnings easily exceeding Wall Street's estimates. Investors seemed to shrug off that revenue guidance for the first quarter of 2024 came in a little lighter than analysts had been expecting.

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Progressio raising EUR225m for fourth fund

Private Equity Insights

Progressio SGR, the Italian private equity firm, is raising a new fund, Progressio Investimenti III, in response to LP demand and a doubling of proprietary deal flow over the past five years. Progressio will raise EUR225 million for a final close at the end of 2017, after a summer first close. As with previous funds, the money will predominantly be spent on proprietary deals and primary buyouts.

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Why Shopify Stock Suddenly Soared Today

The Motley Fool

Shares of Shopify (NYSE: SHOP) jumped as much as 7.7% higher on Friday morning, buffed by a bullish research report from analysts at Wells Fargo. Wells Fargo's bullish Shopify analysis Wells Fargo analyst Andrew Bauch reaffirmed his overweight rating on the e-commerce services stock while lifting the price target from $80 to $90 per share. In a note to clients, Bauch said that a robust holiday shopping season was already baked into Shopify's stock price.

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Blackstone’s Aadhar Housing Finance targets $600m India IPO

Private Equity Insights

Blackstone-owned Indian home loans provider Aadhar Housing Finance is targeting a $600 million-650 million initial public offering (IPO) at a valuation of up to $3 billion, two people with direct knowledge said on Tuesday. Private equity group Blackstone acquired Aadhar for about $300 million in 2019 as it bet on growing demand for affordable housing and financing in India.

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Should You Buy This Mysterious Nvidia Partner Before Everyone Else Does?

The Motley Fool

One of the reasons Nvidia (NASDAQ: NVDA) has been so successful in the age of data centers and artificial intelligence (AI) involves the "picks and shovels" economic theory. This theory points out that, during a gold rush, the most successful participants are less likely to be the gold hunters and more likely to be the ones selling the tools the gold miners need for the hunt.