Fri.Dec 08, 2023

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1 Surprising Artificial Intelligence (AI) Growth Stock to Buy Before It Soars 740%, According to Cathie Wood's Ark Invest

The Motley Fool

When artificial intelligence (AI) is mentioned Microsoft, Nvidia , and Alphabet are often the first stocks that come to mind. And for good reason. They're all excellent companies, and each one, in its own way, is responsible for exciting AI innovations. There is, however, another stock worth mentioning. Indeed, in some respects, this company's future is riding on its ability to develop a specific form of AI.

Investing 246
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H.I.G.-backed Hibu acquires Signpost’s software unit

PE Hub

Hibu is a provider of digital marketing solutions to local businesses in the U.S. The post H.I.G.-backed Hibu acquires Signpost’s software unit appeared first on PE Hub.

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Where Will UPS Stock Be in 1 Year?

The Motley Fool

Investing is more about where a stock is going than where it's come from. Moreover, if you could see a snapshot of what it would look like a year ahead and take a stab at guessing what kind of valuation it might trade on, you could put together an estimate of the type of return you could get from investing in a stock like UPS (NYSE: UPS). In that line of thought, here's a look at what UPS could look like in a year.

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Blackstone and Digital Realty partner in $7bn JV

PE Hub

Digital Realty is a cloud- and carrier-neutral data center, colocation and interconnection provider. The post Blackstone and Digital Realty partner in $7bn JV appeared first on PE Hub.

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Why Cassava Sciences Stock Soared Today

The Motley Fool

Ambitious biotech Cassava Sciences (NASDAQ: SAVA) had a fine Friday on the stock market, with its shares closing more than 17% higher. That stock-price pop trounced the performance of the S&P 500 index, which only bumped 0.4% higher. Investors were cheered by a crucial set of appointments announced by the company after market hours Thursday. Cassava named three new board members Cassava, which concentrates its efforts on treatments for Alzheimer's disease, said that it had appointed three ne

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Blackstone takes 80% of data center JV; BlackRock-backed Influence Media tunes into Enrique Iglesias

PE Hub

BlackRock-backed Influence Media scoops up Enrique Iglesias' music catalog. The post Blackstone takes 80% of data center JV; BlackRock-backed Influence Media tunes into Enrique Iglesias appeared first on PE Hub.

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PE-backed Q taps Morrison as operations SVP and Holden as CFO

PE Hub

Qu is a Bethesda, Maryland-based restaurant tech company. The post PE-backed Q taps Morrison as operations SVP and Holden as CFO appeared first on PE Hub.

Companies 207
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Meta Platforms Was the Best FAANG Stock in 2023. Can It Repeat in 2024?

The Motley Fool

Over the past decade, the FAANG stocks have represented the pinnacle of tech investing. However, after a terrible 2022, where many of them lost significant value, some wondered if their run was over. 2023 was a sharp reversal of that trend, and many FAANG stocks regained their status as great investments. The group is made up of these stocks: Facebook (now known as Meta Platforms (NASDAQ: META) ) Amazon Apple Netflix Google (now known as Alphabet ) None of these five had a better 2023 than Meta,

Companies 246
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Mill Point-backed GlacierPoint picks up Cool River Beverages

PE Hub

GlacierPoint is a distributor of ice cream and other frozen products. The post Mill Point-backed GlacierPoint picks up Cool River Beverages appeared first on PE Hub.

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3 Reasons to Seriously Consider Using a Will to Pass Inheritance to Your Family

The Motley Fool

This article is intended for educational purposes only and is not legal advice. For guidance on your personal situation, please contact a lawyer. It can be tempting to put off planning your final wishes as you move through your working life and beyond, especially if your assets are fairly simple. For instance, if you can cover everything by simply naming beneficiaries for your retirement accounts and ensure your spouse is co-owner on the deed to your home and your other investment and bank accou

Legal 246
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Coastal Amusements snags investment from Surge Private Equity

PE Hub

CoView Capital acted as sole advisor to Coastal. The post Coastal Amusements snags investment from Surge Private Equity appeared first on PE Hub.

Investing 190
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1 Magnificent Growth Stock to Buy for 2024

The Motley Fool

It was a volatile one, but 2023 turned out to be a great year for growth stocks. The tech-heavy Nasdaq Composite Index gained over 35% through early December, or nearly double the 19% rally that the S&P 500 saw in that time. Some of the biggest winners were Nvidia and Meta Platforms , up 211% and 165%, respectively. Amazon (NASDAQ: AMZN) stock had a respectable showing, rising over 70% for the year.

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Capstreet scoops up software provider PlanetBids

PE Hub

PlanetBids was founded in 2000 by Alan and Arpie Zavian. The post Capstreet scoops up software provider PlanetBids appeared first on PE Hub.

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Better Artificial Intelligence (AI) Stock: Nvidia vs. Amazon

The Motley Fool

All eyes have been on artificial intelligence (AI) this year, and for good reason. The market hit a value of $137 billion in 2022 and is projected to expand at a compound annual growth rate of 37% through 2030 (per Grand View Research). The sector is expanding quickly, leading numerous tech companies to restructure their business models with a priority on AI.

Prospects 246
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Fortino Capital closes second PE fund at €377m

Private Equity Insights

Antwerp, Belgium-based Fortino Capital, a European B2B software venture capital and growth equity firm, on Friday, announced the final closing of its 4th investment fund — Fortino Capital PE II at €377m. The fund is dedicated to supporting ambitious B2B software founders throughout Europe. With this fund, Fortino will deploy a minimum €10M initial equity tickets in established companies and scaleups with the following characteristics: B2B SaaS and PaaS applications with a minimum turnover of

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Where Will Intel Stock Be in 3 Years?

The Motley Fool

This has been a rewarding year for Intel (NASDAQ: INTC) investors, with shares of the semiconductor company jumping 60%. This year of growth also marked an end to multiple years of underperformance triggered by market share losses to Advanced Micro Devices , challenges in crucial markets such as personal computers (PCs) and data centers, and its inability to exploit new opportunities like gaming graphics cards.

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Apollo Veteran Josh Harris Eyes $3-4bn for 26North’s Debut Fund

Private Equity Insights

Apollo Global Management Inc. co-founder Josh Harris’s investment firm 26North Partners aims to raise $3bn to $4bn for its first private equity fund, according to people familiar with the matter. The firm plans to make as many as 20 investments through the new vehicle in sectors including industrials, financials, technology, media and telecommunications, said the people, who asked not to be identified discussing a confidential matter.

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Stock-Split Watch: 2 Unstoppable "Magnificent Seven" Stocks That Could Split Their Shares in 2024

The Motley Fool

One of the more striking trends in recent years has been the resurgence of stock splits. The introduction of no-cost and low-cost trading in recent years has eliminated the need to buy stocks in round lots of 100 shares. Yet as the current stock market rally has illustrated, share prices can quickly rise to hundreds or thousands of dollars, discouraging smaller retail investors from buying the stock.

Prospects 246
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Platte River Builds New Fluid Conveyance Distribution Platform

Private Equity Professional

Platte River Equity has formed a new platform to acquire TIPCO Technologies and HydraTech Industrial, two distributors of fluid conveyance and sealing products. TIPCO is a distributor of hydraulic and industrial hoses, fittings and connectors to OEM and MRO customers. The founding of TIPCO dates to 1888 but the company was incorporated as George P… This content is for members only.

Companies 130
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AbbVie's on an Acquisition Binge. Could Your Favorite Biotech Stock Be Next?

The Motley Fool

These days, it seems like biotech buyout offers are falling from the sky. During the week ended Dec. 6, AbbVie (NYSE: ABBV) announced not one but two big acquisitions. The pharma giant's latest big buyout offer is for Cerevel Therapeutics (NASDAQ: CERE) , a clinical-stage company developing treatments for schizophrenia and other neurological conditions.

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JRJ-backed Marex Group files US IPO

Private Equity Insights

Marex Group, a British commodities broker, announced plans on Friday to list its shares in New York, the latest blow to London’s bid to attract companies to its stock exchange. Marex, backed by private equity firm JRJ, said it had confidentially filed a draft registration statement with the U.S. markets regulator with a view to launching an IPO.

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Here's How Being an Adventurous Traveler Saves Me Money

The Motley Fool

Image source: Getty Images Travel is a major "fun" purchase I prioritize when I budget how to spend my money. As a frequent traveler, I know how expensive travel costs can quickly add up if you're not careful. But one hack has helped me reduce my spending: Being an adventurous traveler helps me keep more money in my bank account as I explore more of the world.

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Shorehill Electrified by Latest Exit

Private Equity Professional

Shorehill Capital has sold Power Grid Components to Blackstone. Power Grid is a designer and manufacturer of components used for protection, monitoring, and safety applications in electrical substations which manage and monitor power flows and convert electricity into different voltages. Power Grid was formed by Shorehill in September 2017 in partnership with electric utility products… This content is for members only.

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3 High-Yielding Dividend Stocks That Are Near Their 52-Week Lows

The Motley Fool

Are you looking for some quality dividend stocks to buy right now? When it comes to investing, it's often a good idea to check out those that haven't been doing too well lately and are trading near their lows. If the businesses are in good shape, that can make for great buying opportunities because when stock prices are down, that means yields are up.

Companies 246
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Blackstone and Digital Realty Forge $7bn Partnership to Build Hyperscale Data Centers

Private Equity Insights

Digital Realty, the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, and Blackstone Inc. announced today that Blackstone-affiliated funds led by Infrastructure, Real Estate and Tactical Opportunities have agreed to establish a joint venture with Digital Realty to develop four hyperscale data center campuses across three metro areas on two continents.

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10 Top Stocks to Buy in 2024

The Motley Fool

It's that time of year again. Seasoned investors evaluate how their stocks are doing, and new investors consider finally diving in. It's not so simple this year. (Is it ever?) The S&P 500 is rallying, up 20% as we get close to 2024, and the end of the bear market is in sight. On the one hand, you want to catch great stocks on their way up. On the other hand, you want to stay away from stocks that could already be overvalued as prices rise.

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Start Your Engines: Velocity Capital Buys Parella Motorsports

Private Equity Professional

Velocity Capital Management has acquired Parella Motorsports Holdings (PMH), a provider of live motorsports racing events. PMH owns five major road racing series and hosts racing festivals across the United States under its SpeedTour brand. PMH was founded in 2012 by CEO Tony Parella and is headquartered in Plano, Texas. PMH’s five series include the… This content is for members only.

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Where Will Beyond Meat Stock Be in 5 Years?

The Motley Fool

Beyond Meat (NASDAQ: BYND) was a Wall Street favorite not too long ago, reaching a peak stock price in 2019 shortly after it went public. The shares are now 96% below that high-water mark. The problems here are many and it seems increasingly likely that this food maker won't be around -- at least as it exists today -- for long. Beyond Meat makes fake meat Meat alternatives were popular when Beyond Meat made its public debut in 2019.

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Epiris and Newlat Clash in £400m Bidding War for Princes Foods

Private Equity Insights

Epiris, a British-based buyout firm and Newlat, an Italian food manufacturer are vying for control of Princes Foods, one of Britain’s biggest tinned produce brands. Sky News understands that Epiris and Newlat are the two remaining bidders in the sale of Princes, which has been on the auction block for months. It was unclear on Friday when a deal might be reached or whether either bidder would pay the reported £400m asking price.

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How Do Social Security Spousal Benefits Work?

The Motley Fool

The vast majority of Social Security retirement benefits are paid to retired workers. Their monthly checks are essentially based on how much money they paid into the system during their careers. However, there's an exception to this. Spouses can also receive retirement benefits based on the earnings of their husband or wife. How do Social Security spousal benefits work?

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Alpine Opens the Door with Cobalt Launch, Closes First Buy

Private Equity Professional

Cobalt Service Partners, a platform formed by Alpine Investors in September 2023, has acquired Piedmont Door Solutions. Piedmont Door designs, installs, and maintains commercial doors throughout the Southeast, Southwest, and Mid-Atlantic with locations in North Carolina (3), Texas (2), South Carolina, Maryland, Georgia, Alabama, and Florida. Piedmont is active across numerous segments of the commercial… This content is for members only.

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Why Plug Power Stock Sank This Week

The Motley Fool

After a brutal November, shares of Plug Power (NASDAQ: PLUG) headed even lower this week and were trading down 11.5% lower through 2 p.m. ET Friday, according to data provided by S&P Global Market Intelligence. Several analysts have turned cautious about the hydrogen stock 's prospects in recent weeks, with yet another joining the league two days ago.

Prospects 246
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Taurus Private Markets Closes $211m Oversubscribed Private Equity Fund

Private Equity Insights

Taurus Private Markets, a Pennsylvania based private equity firm, today announced the final close of Taurus Private Markets Fund II, LP. The fund, which initially targeted $150m, closed with over $211m in capital commitments. The fund received commitments from a diverse investor base which includes public pension plans, Taft Hartley plans, insurance companies, and family offices.

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Is Kinder Morgan Stock a Buy?

The Motley Fool

A lot has changed for midstream stocks over the past decade, and even more so for Kinder Morgan (NYSE: KMI). If you are looking at this energy infrastructure stock today thinking that it has a reliable cash-generating business, you need to consider it against other alternatives. If you do take the time to compare and contrast, Kinder Morgan just doesn't stand up very well.