Mon.Feb 05, 2024

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Is SoFi Stock a Buy?

The Motley Fool

SoFi Technologies (NASDAQ: SOFI) just reported its 2023 fourth-quarter financial results. The market was very impressed, as shares shot up 20% immediately following the news, although they have come back down since the announcement on Jan. 29 (as of Feb. 1). The business beat Wall Street expectations for revenue and earnings, which is certainly a positive development.

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Onex acquires majority interest in Morson Group

PE Hub

Morson Group is an engineering and technical staffing and workforce services provider. The post Onex acquires majority interest in Morson Group appeared first on PE Hub.

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Trending Sources

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Many Social Security Recipients Are Now Getting Hit by an Unwanted Side Effect From Last Year's Big Benefit Increase

The Motley Fool

Every October, millions of Americans anxiously wait to find out how much their Social Security benefits will be in the next year. They usually (although not always) receive a raise that helps offset the higher costs they incur. In 2023, Social Security recipients received an especially hefty cost-of-living adjustment (COLA) of 8.7%. This adjustment translated to hundreds of dollars in additional benefits paid last year.

Taxes 246
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Thoma Bravo to take enterprise software firm Everbridge private

PE Hub

The transaction puts Everbridge at a valuation of approximately $1.5 billion. The post Thoma Bravo to take enterprise software firm Everbridge private appeared first on PE Hub.

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Where Will Amazon Stock Be in 5 Years?

The Motley Fool

Generally speaking, investors should exercise caution when making any predictions about a particular company. Factors that impact an organization's top and bottom lines are forever changing, and nobody owns a crystal ball. It's a tricky endeavor to say the least. On the flip side, making educated guesses about a company's future is -- ultimately -- what investors do.

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Thoma Bravo announces debut deal of the year; Matt Leeds featured in new Dealmakers to Watch series

PE Hub

Thoma Bravo has agreed to take Everbridge private in $1.5 billion deal. The post Thoma Bravo announces debut deal of the year; Matt Leeds featured in new Dealmakers to Watch series appeared first on PE Hub.

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More Trending

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McNally Capital taps Rassey as co-CEO and managing partner

PE Hub

Rassey's career includes over 12 years with McKinsey & Company, where he was a partner. The post McNally Capital taps Rassey as co-CEO and managing partner appeared first on PE Hub.

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Why Super Micro Computer Stock Popped 14% Today

The Motley Fool

Shares of Super Micro Computer (NASDAQ: SMCI) jumped today, continuing a rally sparked by last Monday's strong earnings report, even though there was no company-specific news out on the company stock today. Instead, what seemed to drive the stock higher was a bullish note from Goldman Sachs on Nvidia (NASDAQ: NVDA) and the broader AI hardware industry.

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Freeman Spogli-backed Batteries Plus promotes Malmuth to chief development officer

PE Hub

Headquartered in Hartland, Wisconsin, Batteries Plus is a battery retail franchise. The post Freeman Spogli-backed Batteries Plus promotes Malmuth to chief development officer appeared first on PE Hub.

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7 Little-Known Income Sources the IRS Expects a Piece Of

The Motley Fool

Image source: Getty Images The IRS is officially accepting 2023 tax returns, and in the next couple of months, we'll all have to explain to the government what we did with our money last year. You probably expect to pay taxes on the income from your job or retirement account withdrawals if you've already left the workforce. But these aren't the only income sources the IRS wants a chunk of.

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TPG Rise Climate appoints Lebovitz as partner and infrastructure head

PE Hub

He will join TPG in the second half of 2024 and be based in New York. The post TPG Rise Climate appoints Lebovitz as partner and infrastructure head appeared first on PE Hub.

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Could Walmart Hit a New All-Time High Before Its 3-For-1 Stock Split?

The Motley Fool

Walmart (NYSE: WMT) won't report earnings until just before the market opens on Feb. 20. But the retail giant just made a splash with two press releases. The first release, announced on Jan. 30, declares a 3-for-1 stock split, the company's first since 1999. The second announcement, which came on Jan. 31, details the addition of more stores and the remodeling of existing ones.

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Advent-backed Imperial Dade to buy Superior Sany Solutions

PE Hub

The seller is GDI Integrated Facility Services, a Lasalle, Quebec-based commercial facility services provider. The post Advent-backed Imperial Dade to buy Superior Sany Solutions appeared first on PE Hub.

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Where Will Rivian Be in 3 Years?

The Motley Fool

Few other companies (let alone automakers) made as big of a public debut as Rivian (NASDAQ: RIVN). Raising more than $12 billion in 2021, Rivian's IPO was the largest of any American company since Meta Platforms in 2014. But since its historic start, Rivian has faced a daunting road in its journey to cement itself as a leader in the EV industry. While EV adoption is expected to grow at an exponential rate over the next decade, there is no promise it will be able to ride that momentum.

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Arlington Capital to sell facility services provider J&J to CBRE Group

PE Hub

The purchase price will be up to $1.05 billion. The post Arlington Capital to sell facility services provider J&J to CBRE Group appeared first on PE Hub.

Capital 197
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Why Is SpaceX Partnering With John Deere?

The Motley Fool

SpaceX Starlink is a success. Going from a concept in 2015 to beta service in 2021, SpaceX's plan to build a network of fast internet communications satellites has grown from 0 to 10,000 to 2.2 million active users (according to a December 2023 SpaceX filing with the FCC). Across several business lines, the company now offers globe-spanning satellite internet service to homeowners (Starlink Residential), businesses (Starlink Business), airline customers (Starlink Aviation), cruise customers (Sta

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Investcorp backs Banner Ridge Partners

PE Hub

The capital infusion will be used to support Banner Ridge's growth. The post Investcorp backs Banner Ridge Partners appeared first on PE Hub.

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2 Stocks to Buy Near Their 52-Week Highs

The Motley Fool

When is it time to buy a stock? One of the best-known pieces of investing advice tells us to buy low and sell high. But what constitutes "low" is relative. A stock near its 52-week high can still be considered at a "low" point, provided there's plenty of upside left. That's why investors shouldn't ignore such stocks. With that as a backdrop, let's look at two companies trading near their 52-week highs and are still worth buying: Abbott Laboratories (NYSE: ABT) and Netflix (NASDAQ: NFLX). 1.

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H&F and Valeas to invest in advisory CPA firm Baker Tilly

PE Hub

The transaction is estimated to close in early June 2024. The post H&F and Valeas to invest in advisory CPA firm Baker Tilly appeared first on PE Hub.

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Age 70 May Not Be Your Best Bet for Claiming Social Security. Here's Why.

The Motley Fool

When it comes to signing up for Social Security, you have choices. You're allowed to file for benefits as early as age 62. But you're not entitled to your complete monthly benefit based on your personal wage history until full retirement age (FRA) arrives. That age is 66, 67, or somewhere in between, depending on when you were born. If you claim Social Security ahead of FRA, you'll face a permanently reduced monthly benefit that could leave you to struggle financially as a retiree.

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Health Prime snags investment from Aquiline Capital

PE Hub

Guggenheim served as Aquiline’s lead financial advisor, alongside Lincoln and Rothschild while TripleTree served as financial advisor to Health Prime. The post Health Prime snags investment from Aquiline Capital appeared first on PE Hub.

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Here's the Maximum Possible Social Security Benefit at 62, 66, 67, and 70

The Motley Fool

Maximizing your Social Security benefits is one of the best ways to set yourself up for a prosperous retirement. About half of all retirees age 65 and older rely on Social Security for the majority of their income, according to data reviewed by the Social Security Administration. The two biggest factors affecting how much you'll receive in Social Security are how much you earn during your career and when you claim your benefits.

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Trilantic North America-backed OLS buys stone supplier The Rock Place

PE Hub

OLS is a distribution platform for outdoor living products. The post Trilantic North America-backed OLS buys stone supplier The Rock Place appeared first on PE Hub.

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Here's What Happens to Your Credit Score When You're Denied a Loan

The Motley Fool

Image source: Getty Images There may come a point when you decide to take out a personal loan. Maybe you have a home you desperately need to furnish. Or maybe you're looking to renovate an outdated kitchen to make it more functional. The higher your credit score is at the time of your loan application, the more likely you are to get approved. But rest assured that if you aren't approved for a loan, your credit score shouldn't take an extra hit.

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Matt Leeds seeks proven brands with potential to grow for new firm

PE Hub

The former L Catterton dealmaker announced in January that Forward Consumer Partners raised its inaugural fund at $425m. The post Matt Leeds seeks proven brands with potential to grow for new firm appeared first on PE Hub.

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Why Alibaba Stock Popped on Monday

The Motley Fool

Shares of Chinese e-commerce giant Alibaba Group (NYSE: BABA) jumped in Monday trading to close the day up 3.9%. This was kind of a strange reaction to news that, this morning, analysts at Loop Capital lowered their price target on the stock from $115 to $111 per share. But here's a bit of information that might help to explain the stock's price move for you: Loop still thinks Alibaba stock is a buy.

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LightBay, Freeman Spogli-backed IHS bags D’Angelo and Sons

PE Hub

D'Angelo and Sons Roofing & Exteriors, a roofing and exterior finishing company serving Hamilton, Burlington and other communities in Ontario. The post LightBay, Freeman Spogli-backed IHS bags D’Angelo and Sons appeared first on PE Hub.

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AMD and Nvidia Are My 2 Biggest Positions, but Which Artificial Intelligence (AI) Stock Would I Buy Now?

The Motley Fool

In today's video, I discuss Advanced Micro Devices (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA). 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 Feb. 2, 2024. The video was published on Feb. 4, 2024. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for in

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Dexa Raises $6M in Seed Funding

FinSMEs

Dexa, a NYC-based AI-powered search engine specifically built with multi-modal content in mind, raised $6M in seed funding. The round was co-led by Abstract Ventures and The General Partnership, with participation from Maple VC,Vercel founder Guillermo Rauch, Terrence Rohan and Casey Caruso. The company, which also announced an exclusive partnership with Huberman Pod, a health podcast, intends to use the funds to further […] The post Dexa Raises $6M in Seed Funding appeared first on FinSME

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The Most Important Retirement Table You'll Ever See

The Motley Fool

If you're a pre-retiree already mapping out a post-retirement budget, then you may know that the average Social Security retirement benefit payment for 2024 is $1,907 a month. The funny thing about averages is that they don't necessarily tell you everything you need to know. At least some retirees are cashing monthly Social Security checks as big as $4,873.

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30 Sales Tips for Independent Financial Advisors

XY Planning Network

Hey there, RIA owners! Ready to kick your sales strategy up a notch? Whether you're a seasoned pro or considering diving into entrepreneurship, we have 30 actionable tips to help you convert your prospects into clients! We understand the importance of removing the "sell" from Sales and utilizing those conversations instead as an opportunity to build stronger client relationships even before engagement.

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Disney Has a Lot to Prove This Week

The Motley Fool

Disney (NYSE: DIS) reports earnings this week and the company has to prove it isn't losing too many TV subscribers, is growing streaming subscribers, and continues to make money in parks. In this video, Travis Hoium covers the metrics you need to watch. *Stock prices used were end-of-day prices of Feb. 2, 2024. The video was published on Feb. 5, 2024.

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Brookfield eyes record breaking energy transition fundraise after hitting $10bn first close

AltAssets

Brookfield Asset Management has hit a $10bn first close for its latest mammoth infrastructure fund focused on the global transition to a net-zero economy. The post Brookfield eyes record breaking energy transition fundraise after hitting $10bn first close first appeared on AltAssets Private Equity News.

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New to Medicare? 3 Things to Know About Medigap Plans.

The Motley Fool

If you're new to Medicare, learning the ins and outs of the program can be confusing -- and downright exhausting even. But there's another program you may want to familiarize yourself with if you're new to Medicare -- Medigap. Medigap plans are plans sold by private insurers that serve as supplemental insurance for those enrolled in Medicare. During your initial Medigap enrollment window, which is six-months starting the first month you have Medicare Part B and you're 65 or older, you cannot be

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