Fri.May 03, 2024

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Amazon's About to Spend a Lot More. Here's Why That Makes the Stock an Even Better Buy.

The Motley Fool

Amazon (NASDAQ: AMZN) has been one of the hottest mega-cap stocks on the market. Its shares have soared nearly 20% year to date and are up more than 70% over the last 12 months. The company revealed in its first-quarter update on Tuesday that it plans to increase capital expenditures in the coming quarters. Does this increased spending diminish Amazon's prospects?

Prospects 246
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Blackstone to buy Preferred Apartment Communities in $5.8bn deal

Private Equity Insights

Preferred Apartment Communities Inc said on Wednesday a Blackstone Inc unit would buy it in a $5.8 billion deal, as the world’s biggest alternate asset manager ramps up investments in the red-hot U.S. housing sector. Blackstone Real Estate Income Trust’s (BREIT) all-cash offer of $25 per share is nearly 40% higher than Preferred Apartment’s stock close on Feb. 9, a day before media reports on the company exploring strategic options including a sale.

Bidding 130
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Best Stock to Buy Right Now: Costco vs. Walmart

The Motley Fool

Costco (NASDAQ: COST) and Walmart (NYSE: WMT) are two of the retail sector's most resilient stocks. Both companies weathered fierce competition from Amazon (NASDAQ: AMZN) and expanded as other brick-and-mortar retailers crumbled. Over the past five years, Costco's stock soared 199% as Walmart's stock advanced 78%. The S&P 500 rose only 73% in comparison.

Returns 246
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Carlyle Group Acquires Four Self-Storage Properties for $110m

Private Equity Insights

Private equity firm The Carlyle Group has expanded its real estate portfolio with the acquisition of four self-storage facilities in the outer boroughs of New York City. The facilities, located in Queens and Brooklyn, were purchased for a total of $110.4 million from Safe N Lock Self Storage, which developed them between 2018 and 2020. The properties are currently managed by Life Storage.

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1 Unstoppable Stock That Could Join Microsoft, Apple, Nvidia, Alphabet, Amazon, and Meta in the $1 Trillion Club

The Motley Fool

Artificial intelligence (AI) has become all the rage since early 2023, so it's easy to forget that these sophisticated algorithms have been around in some form or another for decades, helping early adopters become some of the world's most valuable companies. Microsoft tops the list at $2.9 trillion, having wrested the crown from Apple , which clocks in at No. 2 at $2.6 trillion.

Returns 246
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Advent Explores Deal to Take Over Oman’s OQ Chemicals

Private Equity Insights

Advent International is in talks with Oman about a potential move to inject fresh capital into OQ Chemicals in exchange for a majority stake in the company, people familiar with the matter said. The private equity firm is proposing to provide as much as $250 million of new equity into OQ Chemicals, according to the people, who asked not to be identified discussing confidential information.

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Sycamore vies to take Nordstrom private

Private Equity Insights

Sycamore Partners is one of the buyout equity firms that have expressed interest in taking U.S. department store Nordstrom private, according to people familiar with the matter. Nordstrom said last month that CEO Erik Nordstrom and his brother Pete, the company’s president, were exploring options to take the retailer private, confirming a Reuters report that had been published in March.

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Is Ripple (XRP) a Millionaire Maker?

The Motley Fool

XRP (CRYPTO: XRP) , the native cryptocurrency of the Ripple payment protocol network, reached its all-time high of $3.84 on Jan. 4, 2018. That represented a whopping gain of nearly 40,000% over the previous 12 months. But today, XRP trades at about $0.50. Like many smaller altcoins, XRP lost its luster as rising interest rates chilled the cryptocurrency market.

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SumUp raises €1.5bn from private credit lenders led by Goldman

Private Equity Insights

Sycamore Partners is one of the buyout equity firms that have expressed interest in taking U.S. department store Nordstrom private, according to people familiar with the matter. Nordstrom said last month that CEO Erik Nordstrom and his brother Pete, the company’s president, were exploring options to take the retailer private, confirming a Reuters report that had been published in March.

Buyout 130
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52% of Warren Buffett's $372 Billion Portfolio Is Invested in These 2 Magnificent Stocks

The Motley Fool

If you've ever wondering why more than 40,000 people flock to Berkshire Hathaway 's (NYSE: BRK.A) (NYSE: BRK.B) annual shareholder meeting each year, look no further than the track record of longtime CEO Warren Buffett. Since the affably named "Oracle of Omaha" became CEO in the mid-1960s, he's overseen a greater-than 4,900,000% aggregate return in his company's Class A shares (BRK.A).

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L Catterton buys majority stake in beauty brand KIKO

Private Equity Insights

L Catterton has announced that it has entered into a definitive agreement to acquire a majority stake in Kiko Milano from the Percassi Family for an undisclosed sum. The Italian founders will retain a significant stake in the make-up brand. In 2023, Kiko recorded net revenue of approximately €800 million and nearly 20 percent year-over-year growth. Through this partnership with L Catterton, the brand hopes to accelerate its global expansion.

Stakes 130
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3 Vanguard ETFs to Buy If You're Looking for Reliable Passive Income

The Motley Fool

Vanguard exchange-traded funds (ETFs) are excellent ways to get low-cost exposure to a variety of stocks. And while investors may be familiar with one of the more well-known Vanguard funds like the Vanguard S&P 500 ETF , Vanguard Growth ETF , or the Vanguard Value ETF , there may be even better funds out there for generating reliable passive income With expense ratios of 0.10% or less, here's why the Vanguard High-Dividend Yield ETF (NYSEMKT: VYM) , Vanguard Dividend Appreciation ETF (NYSEMK

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Austria’s Immofinanz sells logistics portfolio to Blackstone

Private Equity Insights

Austrian property group Immofinanz signed a contract to sell its logistics portfolio to U.S. private equity group Blackstone, the company said on Monday as it switches focus to its retail and office business in western Europe. The Austrian firm, whose results have been weighed down by its exposure to Russia, said in August it would concentrate on office and retail properties and sell its 1 million-square-metre logistics portfolio.

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3 Dividend Growth Stocks that Just Raised Their Payouts

The Motley Fool

Dividend stocks that raise their payouts can often make for great long-term investments. As their payouts rise, investors collect more dividend income. Dividend increases can also give you some important insights into how well a company is doing. If it's a strong and healthy increase, that may be a good sign the business is doing well and anticipating much more growth.

Legal 246
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ECP Is in Advanced Talks to Acquire Atlantica Sustainable

Private Equity Insights

Energy Capital Partners is in advanced talks to acquire Atlantica Sustainable Infrastructure Plc, an owner of renewable power assets, according to people with knowledge of the matter. The private equity firm has been negotiating terms of a deal to buy UK-based Atlantica, the people said, asking not to be identified because the information is private.

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SoFi Plunged 10% Following Its Earnings. Here Are 3 Things Investors Need to Know.

The Motley Fool

On Monday, SoFi (NASDAQ: SOFI) reported earnings, beating analysts' estimates and raising its annual earnings guidance. However, that didn't stop the stock from falling over 10% after its announcement. The fintech's quarterly growth was solid, but there were concerns about the slowing growth rate along with a disappointing forecast for the second quarter.

Investors 245
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Morgan Stanley, India Life Sciences Fund inject $120m into India’s Maiva Pharma

Private Equity Insights

Maiva Pharma, a Bengalure-based Contract Development and Manufacturing Organisation (CDMO), has announced a significant milestone in its growth journey. The company has successfully raised approximately Rs 1,000 crore in primary and secondary funding from a fund managed by Morgan Stanley Private Equity Asia and India Life Sciences Fund – IV (ILSF – IV).

Funds 130
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2 Tech Stocks You Can Buy and Hold for the Next Decade

The Motley Fool

The tech industry is typically a popular hunting ground for great stock ideas. The combination of new, innovative ideas, high growth, and exciting prospects makes these stocks appealing to investors. What often comes along with these characteristics is volatility and high valuations, so it's best to approach buying these stocks with a long-term holding period in mind.

Prospects 245
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Volta Raises $4.1M in Seed Funding

FinSMEs

Volta, a Las Vegas, NV-based digital asset company providing Volta Circuit, a multi-signature, non-custodial platform, raised $4.1M in Seed funding. The round wad led by Fika Ventures and Haven Ventures, alongside support from Soma Capital, Dispersion Capital, and Uphonest Capital. The company intends to use the funds to support the launch of its infrastructure technology that expands access and control […] The post Volta Raises $4.1M in Seed Funding appeared first on FinSMEs.

Funds 112
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Here's What Happens When You Tip With a Credit Card

The Motley Fool

Image source: Getty Images While I'm not a big fan of tipping culture in general, I have to acknowledge the reality around me, so I always try to tip fairly when I'm out. But one conversation I've had with a few folks over the years isn't so much about how much to tip as to what method to give that tip. Specifically, is it better to tip with your credit card as part of your bill, or should you use cash to tip?

Taxes 245
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Lamini Raises $25M in Funding

FinSMEs

Lamini, a Palo Alto, CA-based startup that is building a platform to help enterprises deploy generative AI applications, raised $25m in seed and Series A funding. Backers included including Amplify Partners (led Series A), First Round Capital (led Seed), Andrew Ng, Andrej Karpathy, Bernard Arnault, Pierre Lamond, Sarah Guo, Dylan Field, Lip-Bu Tan, Drew Houston, AMD Ventures, and others.

Funds 112
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Social Security's 2025 COLA May Not Disappoint as Much as Expected. Here's Why.

The Motley Fool

At the start of 2024, seniors on Social Security saw their monthly benefits rise 3.2% And while that cost-of-living adjustment, or COLA, paled in comparison to the enormous 8.7% raise recipients got the year before, it was still a fairly generous boost. Next year, however, Social Security beneficiaries may be looking at a smaller raise. And at first, that might seem like a bad thing.

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The New Normal in Housing Prices

A Wealth of Common Sense

The season 3 finale of Lost was one of the most mind-blowing episodes of television I’ve ever watched. It completely broke the mold of the show from flashbacks to flashforwards. We have to go back is a line that’s etched into my memory for good: Subscribe to The Compound so you never miss an episode. Further Reading: Who is Buying a House in This Market?

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The 4 Safest Places for Retirees to Put Their Money

The Motley Fool

Image source: Getty Images For most of your career, you focus on growing your retirement savings. Retirement itself is a big adjustment, because at that point, your new goal is making that money last. This is one of the top concerns for U.S. retirees -- 40% worry that they'll outlive their retirement savings, according to a survey by Clever. And about 1 in 5 (19%) say that their savings have already run out.

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CVC Credit closes Cordatus XXXI at more than €440m

Private Equity Wire

CVC Credit, the €40bn global credit management business of CVC Capital Partners, has closed Cordatus XXXI, its fourth new Collateralised Loan Obligation (CLO) this year, at more than €440m (c$475m). The new vehicle, which was tightly priced despite broader market volatility, brings CVC’s aggregate value of newly priced CLOs in 2024 to c€1.8bn (c$2.0bn).

Capital 87
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3 Dow Stocks That Are No-Brainer Buys in May

The Motley Fool

For nearly 128 years, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) has served as one of the premier barometers of Wall Street's health. Since its official debut on May 26, 1896, it's evolved from a 12-component index that catered heavily to industrial stocks into a 30-stock index packed with diverse, time-tested, multinational businesses.

Capital 244
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Knox Lane acquires All Star Healthcare Solutions

Private Equity Wire

San Francisco-based investment firm Knox Lane has acquired a majority stake in All Star Healthcare Solutions, a US full-service healthcare staffing firm focused on the locum tenens market. Terms of the transaction have not been disclosed. All Star’s founders and management team will reinvest alongside Knox Lane and continue to own a significant minority stake in the company going forward.

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Why Shares of EV Stocks Nio, Li Auto, and XPeng Are Driving Higher This Week

The Motley Fool

Extending the rises they all enjoyed in the last full week of April, shares of electric vehicle (EV) makers Nio (NYSE: NIO) , XPeng (NYSE: XPEV) , and Li Auto (NASDAQ: LI) have all continued motoring significantly higher this week in contrast to the S&P 500 and Dow Jones Industrial Average , which are both inching toward minor gains. As of the market's close on Thursday, shares of Nio had risen 24.5% since the end of trading last Friday, while XPeng and Li Auto are up 19.19% and 15.7%, respe

Prospects 242
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SumUp raises €1.5bn from private credit lenders led by Goldman

Private Equity Wire

London-based card reader maker SumUp has secured a €1.5bn private credit loan package from a group of lenders led by Goldman Sachs. Other participants include BlackRock, Apollo Global Management, Oaktree Capital Management and Vista Credit Partners. According to a press statement, cash from the round – one of the largest European private credit deals of its kind in recent years – will be used to “refinance existing debt and seize global growth opportunities” A report from Reuters cit

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Why Carvana Stock Zoomed 44% Higher This Week

The Motley Fool

Shares of Carvana (NYSE: CVNA) rose more than 44% this week, according to data from S&P Global Market Intelligence. The online used car marketplace reported surprisingly strong earnings for the first quarter of 2024, showing growth and profitability that was lacking in recent years. As of Friday, May 3, Carvana stock is up 129% this year, significantly outpacing the broad S&P 500 index.

Debt 227
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Deal Roundup: Sycamore among PE firms eyeing Nordstrom, Bain Capital said to seek Atos assets

AltAssets

Sycamore Partners is reportedly among private equity bidders for listed US department store Nordstrom. Sycamore, which already owns US department store operator Belk, is up against unnamed PE rivals for the company according to Reuters, which cited people it said were familiar with the matter. Nordstrom currently has a market valuation of about $3.3bn.

Assets 84
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1 Incredible Rule of Thumb for Retirement Spending

The Motley Fool

Many older adults worry about depleting their savings. In fact, a recent Allianz Life retirement study found that more than 60% of Americans worry more about running out of money than death. While stashing away funds in a 401(k) or IRA is a smart move, it doesn't guarantee your money will last as long as you need it to. However, there's one simple rule that can boost your chances of enjoying your retirement without the stress of pinching pennies to make sure your money stretches: The 4% rule.

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Blackstone completes Civica acquisition

Private Equity Wire

Funds managed by affiliates of Blackstone, the world’s largest alternative asset manager, have acquired Civica, a public sector software solutions provider, from private markets firm Partners Group, acting on behalf of clients. The transaction has completed after securing all necessary regulatory approvals, having initially been announced last November.

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Why Cloudflare Investors Are Dealing With Stormy Weather Today

The Motley Fool

Internet security and performance expert Cloudflare (NYSE: NET) beat first-quarter earnings estimates, but investors are worried the company's growth rate is slowing. Shares of Cloudflare traded down 17% as of 12:15 p.m. ET on guidance that was not as robust as some had hoped for. Growth is slowing Cloudflare is in the business of improving the security and performance of websites and cloud connections.

Investors 219