Tue.Jan 23, 2024

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The S&P 500 Just Hit a Record High. The Stock Market Usually Does This Next.

The Motley Fool

The S&P 500 (SNPINDEX: ^GSPC) is commonly seen as a benchmark for the broader U.S. stock market. The index dipped into bear market territory on Jan. 3, 2022, dragged down by recession fears arising from fierce inflation and the expectation of aggressive interest rate hikes. It declined by as much as 25% before reaching the bottom of its cyclical trough on Oct. 12, 2022.

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BridgeBio Pharma inks $1.25bn

PE Hub

The financing was provided by Blue Owl Capital and Canada Pension Plan Investment Board, through its subsidiary CPPIB Credit Investments. The post BridgeBio Pharma inks $1.25bn appeared first on PE Hub.

Financing 209
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Retirees in These 10 States Risk Losing Some of Their Social Security Checks in 2024

The Motley Fool

Social Security is a lifeline for many older Americans. The program is responsible for helping lift more than 15 million Americans over the age of 65 out of poverty each year, according to the Center on Budget and Policy Priorities. Even for those living above the poverty line, Social Security can play a crucial role in their budget and retirement planning.

Taxes 246
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Gryphon-backed TTDS snaps up Proheat

PE Hub

TTDS is a platform for the distribution of industrial temperature management and related products. The post Gryphon-backed TTDS snaps up Proheat appeared first on PE Hub.

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Your Favorite Girl Scout Cookies Now Cost More: Here's Where the Money Goes

The Motley Fool

Image source: Getty Images Believe it or not, Girl Scout cookie season is already upon us -- or nearly here if your local chapters begin selling cookies in a few weeks. You'll want to order your cookies soon if you prefer to remain stocked up on your favorite flavors. You should know that inflation has come for your beloved cookies, so expect to pay more this year.

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PE-backed Genesys to acquire social and digital data analytics firm Radarr Technologies

PE Hub

Genesys is a provider of both cloud-based and hybrid cloud software. The post PE-backed Genesys to acquire social and digital data analytics firm Radarr Technologies appeared first on PE Hub.

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Find untapped deal flow in aged portfolio company holding periods

Private Equity Info

Access untapped M&A deal flow by searching for aged private equity-backed portfolio companies that may be seeking an exit.

Deal Flow 247
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Should You Buy Ripple (XRP) Hand Over Fist With $1,000 in 2024?

The Motley Fool

Ripple (CRYPTO: XRP) had a fantastic 2023, as its price soared 81% last year, but things have cooled off since then. This digital asset is down 14% this year, and it is 86% below its peak price from about six years ago. Should investors with $1,000 buy this cryptocurrency ( the sixth most valuable in the world, with a market cap of $28 billion) hand over fist in 2024?

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Core Industrial’s John May: Post-pandemic air travel spurs aviation aftermarket

PE Hub

Arcline Investment Management, Stellex Capital and Arlington Capital Partners are some of the PE firms scooping up opportunities in this sector. The post Core Industrial’s John May: Post-pandemic air travel spurs aviation aftermarket appeared first on PE Hub.

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Planning to Retire in 5 Years? Here Are 5 Things You Absolutely Need to Do

The Motley Fool

If you're at the point where retirement is a mere five years away, you may be getting increasingly excited about making your workforce exit. But before you start picturing your newfound freedom, make sure to tackle these very important moves. 1. Get an estimate of your future Social Security benefit Social Security may end up being an essential income source of yours in retirement.

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Watermill Group promotes Oudheusden to partner

PE Hub

In his new role, Oudheusden is responsible for the evaluation, due diligence and execution of potential transactions, as well as providing assistance to portfolio companies. The post Watermill Group promotes Oudheusden to partner appeared first on PE Hub.

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3 of the Fastest-Growing Stocks on the Planet in 2024

The Motley Fool

Although it's been an adventurous couple of years for investors, 2023 turned out to be a phenomenal year for the bulls. The Dow Jones Industrial Average climbed to a fresh all-time high, while the S&P 500 and Nasdaq Composite respectively surged 24% and 43%. The driving force behind 2023's outperformance was growth stocks. Investors flocked to innovative businesses of all sizes that offered outsized future-growth potential.

Capital 246
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TPG and Health Velocity Capital back Compass Surgical Partners

PE Hub

Latham & Watkins served as legal counsel to TPG while Crowe LLP advised on accounting, tax, and IT. The post TPG and Health Velocity Capital back Compass Surgical Partners appeared first on PE Hub.

Capital 192
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Why Nio Stock Has More Room to Run Even After Today's Jump

The Motley Fool

Shares of Nio (NYSE: NIO) shot more than 15% higher to start the trading day today. There wasn't any specific announcement from the Chinese electric vehicle (EV) company, but there was good reason for the excitement nonetheless. Nio's American depositary shares didn't hold all of that gain, but were still higher by 5.9% at noon ET on Tuesday. A brighter market environment Nio stock has had a rough start to 2023.

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Monomoy Capital buys road services provider EnviroTech

PE Hub

EnviroTech Services was founded by Roger Knoph in 1989. The post Monomoy Capital buys road services provider EnviroTech appeared first on PE Hub.

Capital 215
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Could Super Micro Computer Stock Help You Become a Millionaire?

The Motley Fool

Super Micro Computer (NASDAQ: SMCI) , more commonly known as Supermicro, has likely made enormous profits for investors over the years. The producer of high-performance servers went public at $8 on March 29, 2007, and it now trades at about $423. A $20,000 investment in Supermicro stock at the time of its IPO would be worth $1.06 million today. The lion's share of those gains, however, occurred within the past couple of years.

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WILsquare Capital-backed TEK Holdings scoops up quilting and crafting platform Arrow Sewing

PE Hub

Arrow Sewing is the second acquisition made by TEK Holdings under WILsquare's ownership, following the addition of June Tailor in July 2023. The post WILsquare Capital-backed TEK Holdings scoops up quilting and crafting platform Arrow Sewing appeared first on PE Hub.

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Verizon Stock Is Surging Today -- Is It a Buy for 2024?

The Motley Fool

Verizon (NYSE: VZ) stock is making big gains Tuesday following the publication of its fourth-quarter earnings report. The company's share price was up 5.8% as of 2:15 p.m. ET, according to data from S&P Global Market Intelligence. Verizon posted non-GAAP (adjusted) earnings per share of $1.08 on revenue of $35.1 billion. Earnings for the period were in line with Wall Street's expectations, but the 0.6% sales decline that the business posted was less than expected.

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Angeles Equity Partners scoops up industrial robotics manufacturer Acieta

PE Hub

The seller is Mitsui. The post Angeles Equity Partners scoops up industrial robotics manufacturer Acieta appeared first on PE Hub.

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Working and Claiming Social Security? There's Good News for 2024

The Motley Fool

Many seniors don't realize it, but the Social Security Administration can withhold money from your checks if you're still working while you claim benefits. Not all seniors run into this issue as there are rules that determine which seniors could face this benefit withholding, and they just got a little more flexible as of January 1st. Below we'll look at what you need to know so you're not caught off guard if you encounter benefit withholding this year.

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Farmers Edge agrees to be take private by Fairfax Financial

PE Hub

The purchase price is C$0.35 per common share, payable in cash. The post Farmers Edge agrees to be take private by Fairfax Financial appeared first on PE Hub.

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The Next Nvidia? 2024 Will Be a Make-or-Break Year for AMD.

The Motley Fool

In 2023, artificial intelligence (AI) quickly rocketed to the forefront of investors' minds and pocketbooks. And shares in the industry leader, Nvidia (NASDAQ: NVDA) , ballooned 237% over the last 12 months as its revenue and profits soared. This stemmed from rising demand for the company's graphics processing units (GPUs) for running and training the most advanced AI applications.

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Namakor acquires CMI Mulching, Fonds de solidarité FTQ invests

PE Hub

CMI Mulching is a Saint-Cyrille-de-Wendover, Quebec-based specialist in the manufacturing of tracked mulching tractors and stump grinders. The post Namakor acquires CMI Mulching, Fonds de solidarité FTQ invests appeared first on PE Hub.

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Is Real Estate Inventory Improving? Here's What the Data Says

The Motley Fool

Image source: Getty Images Buying a home has been a struggle for many people in recent months. A big reason boils down to the combination of expensive rates for mortgage loans , elevated home prices, and low inventory. Of course, these factors all go hand in hand. With mortgage lenders imposing higher rates on borrowers, current homeowners don't want to move.

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Koch Equity Development invests $400m in process equipment supplier CPM

PE Hub

American Securities will continue to own a majority of CPM alongside KED and the company’s management team. The post Koch Equity Development invests $400m in process equipment supplier CPM appeared first on PE Hub.

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Why Savvy Shoppers Are Flocking to Aldi

The Motley Fool

Image source: Getty Images Even if you go to the grocery store with a list and a plan, your grocery bill could be more expensive than anticipated due to higher grocery prices. For many households, money is tight due to increasing living costs, so every extra dollar spent adds up. Find out why some shoppers are getting more of their groceries at Aldi.

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Fort Point invests in retail ice and water platform Ice House America

PE Hub

The seller is Ulysses Management. The post Fort Point invests in retail ice and water platform Ice House America appeared first on PE Hub.

Investing 190
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Should Investors Buy C3.ai Stock Instead of AMD Stock?

The Motley Fool

Fool.com contributor Parkev Tatevosian compares C3.ai (NYSE: AI) to Advanced Micro Devices (NASDAQ: AMD) to determine which is the better AI stock to buy today. *Stock prices used were the afternoon prices of Jan. 21, 2024. The video was published on Jan. 23, 2024. Should you invest $1,000 in Advanced Micro Devices right now? Before you buy stock in Advanced Micro Devices, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for inves

Investors 246
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MPearlRock looks for three deals a year in ripe retail sector; TPG adds to busy HR segment

PE Hub

MPearlRock goes bullish over retail. The post MPearlRock looks for three deals a year in ripe retail sector; TPG adds to busy HR segment appeared first on PE Hub.

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Will the Vanguard Growth ETF Beat the S&P 500 Again in 2024?

The Motley Fool

2023 was a great year for stocks, with the S&P 500 (SNPINDEX: ^GSPC) jumping 24% and the Nasdaq Composite soaring 43%. However, one exchange-traded fund, or ETF, outperformed them both. That was the Vanguard Growth ETF (NYSEMKT: VUG) , which finished the year up 46%. Growth stocks were big winners last year, driven by low valuations at the start of 2023 after 2022's bear market and excitement about new artificial intelligence (AI) technologies following the launch of OpenAI's ChatGPT in late

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MidOcean and Kroger are on the hunt for CPG companies with big potential

PE Hub

The PE firm and the grocery retailer recently formed MPearlRock and made its debut acquisition of Nutpods. The post MidOcean and Kroger are on the hunt for CPG companies with big potential appeared first on PE Hub.

Companies 159
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Here's How SNAP Benefits Will Change in 2024

The Motley Fool

Image source: Getty Images If you rely on SNAP food benefits to keep food on the table for your household, the most pressing question on your mind is probably how much you will receive this year. You might also be concerned about how the government's budget negotiations could impact you. The good news is that SNAP funding is mandatory -- lawmakers in Congress can't just take it away.

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TPG to invest in HR and tech services platform G&A Partners

PE Hub

Piper Sandler served as financial advisor to G&A, and Dentons served as legal counsel to the company. The post TPG to invest in HR and tech services platform G&A Partners appeared first on PE Hub.

Legal 156
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Investing in Artificial Intelligence (AI) Stocks Can Be Risky, but Here's a Spectacular Way to Do It

The Motley Fool

Artificial intelligence (AI) was the dominant stock market theme in 2023. Nvidia experienced a surge in demand for its data center chips designed to process AI workloads, and its stock soared 239% for the year. It was the best performer in the entire S&P 500 index, and it has continued to march higher in 2024. Shares of other popular AI companies also delivered market-beating returns, including Microsoft , Amazon , and Alphabet.