Fri.Dec 29, 2023

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3 Savings Challenges to Try Out in 2024

The Motley Fool

Image source: Getty Images Very few people find saving money fun. While it's great to see your savings account balance grow, it's less fun to make the sacrifices necessary for that to happen. The good news is, you can make the process of socking away more cash into something enjoyable. You can do that by making a game out of it. Alert: highest cash back card we’ve seen now has 0% intro APR for 15 months.

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Investing in Middle Age

A Wealth of Common Sense

A podcast listener asks: Michael and Ben are so optimistic it makes me nervous. This past month+ has been so good it can’t be real. The market goes up and gas goes down every day, the VIX is at 12, etc. Life and investing is not this easy! Help us explore the potential downsides. Do you see consumer credit risk after holiday bills come due? My wife and I are 43 and entering our peak earning years.

Investing 105
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2024 Could Be a Breakout Year for VinFast. Is the Stock a Buy Now?

The Motley Fool

Finding a young electric vehicle (EV) automaker that's poised to soar as EVs transition from early adopters to mainstream is a compelling investment opportunity. A new brand, a full portfolio of EVs, state-of-the-art manufacturing, and a deep-pocketed backer is what VinFast Auto (NASDAQ: VFS) has to offer potential investors. Indeed, 2024 could be a breakout year for the intriguing Vietnamese automaker, but is it time for investors to buy the stock?

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Air Methods exits bankruptcy

Private Equity Wire

Air Methods, a private equity-owned medical helicopter company, said on Thursday it has emerged from bankruptcy nearly two months after it filed for Chapter 11 bankruptcy protection, according to a report by Reuters. Air Methods was acquired by private equity firm American Securities in 2017. Lenders and noteholders of the company now own Air Methods, according to the terms of the reorganization.

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Where Will Virgin Galactic Be in 3 Years?

The Motley Fool

Virgin Galactic (NYSE: SPCE) has big plans for the next three years that could, quite literally, make or break the company. The key date is January 2026, less than three years away, but that's much further away than it may seem. In fact, the company is so worried about reaching its goal that it recently pulled back on its current space flight schedule.

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GED Capital sells European ice company

Private Equity Wire

GED Capital, a private equity group operating in the mid-market segment in Spain, and Grupo Hervaz, holding company of the Vázquez Gavira family, have reached an agreement today for the sale of their stake in Procubitos Europe to Magnum Capital, one of the leading private equity firms in Spain and Portugal. GED’s investment in the ice manufacturer dates back to 2017, when the company acquired Cubers Premium with the aim of leading the consolidation of a highly fragmented market in Spain an

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Swander Pace Capital acquires majority stake in baked goods company

Private Equity Wire

Swander Pace Capital , a private equity firm specialising in consumer products companies, announced today it has partnered with CDPQ and Roynat Equity Partners to acquire a majority stake in St-Méthode Bakery, a supplier of healthy, value-add fresh bread produc ts. Founded in 1947 by Joseph Faucher and his wife Mariette Robert, St-Méthode Bakery is a Québec-based producer in the healthy, value-add bread category.

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The 401(k) Contribution Limits for 2024 Are Bigger Than Ever

The Motley Fool

If you want to beef up your retirement savings in 2024, the new 401(k) contribution limits can help. Last month, the IRS announced the new inflation-adjusted limits for retirement accounts, and they're better than ever. If you haven't paid attention to your 401(k) in the past, now is the time to plan ahead so you can crush your contribution goals. Image source: Getty Images.

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Man Group makes private credit push

Private Equity Wire

Man Group is planning on more acquisitions and hiring new team members, as part of a push towards private credit, according to a report by Bloomberg. The report notes that the hedge fund plans on diversifying and expanding into different credit categories in the coming years to meet client demand for more exposure to private assets, and to account for the shift in corporate borrowing habits.

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3 Brilliant ETFs to Buy Right Now

The Motley Fool

Exchange-traded funds, or ETFs, are a popular investment option that offer numerous benefits to investors. ETFs are collections of securities that trade on stock exchanges like individual stocks but track the performance of an underlying index, basket of securities, or commodity. They have lower fees, higher liquidity, and greater tax efficiency than most other types of funds.

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Shield AI Raises Additional $100M in Series F; $200M in Debt

FinSMEs

Shield AI, a San Diego, CA-based defense technology company, raised additional $100M in Series F funding, and $200M in debt from Hercules Capital. The company intends to use the funds to accelerate deployment of AI pilots to different classes of aircraft. Founded in 2015 and led by CEO Ryan Tseng, Shield AI is a defense technology company […] The post Shield AI Raises Additional $100M in Series F; $200M in Debt appeared first on FinSMEs.

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1 Artificial Intelligence (AI) Stock Down 58% to Buy Hand Over Fist in 2024

The Motley Fool

Fool.com contributor Parkev Tatevosian highlights how this company implements AI to improve its customer value proposition. *Stock prices used were the afternoon prices of Dec. 26, 2023. The video was published on Dec. 28, 2023. Should you invest $1,000 in Pinterest right now? Before you buy stock in Pinterest, 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 Pinterest wasn't one of them.

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Carlyle’s AlpInvest leads $2.2bn continuation fund for four Leonard Green portfolio companies

AltAssets

Carlyle's secondary arm AlpInvest Partners has become the lead investor in a $2.2bn continuation fund for four Leonard Green & Partners portfolio companies. The post Carlyle’s AlpInvest leads $2.2bn continuation fund for four Leonard Green portfolio companies first appeared on AltAssets Private Equity News.

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3 Things You Need to Know Before Stashing Money in an HSA in 2024

The Motley Fool

Whether you have medical expenses coming up or you're just looking for a tax-advantaged place to put your retirement savings, a health savings account (HSA) can be a great tool. But like any tool, you need to understand how it works if you want to put it to best use. Here are three things you need to know before contributing to an HSA in 2024. 1. Not everyone is eligible to contribute to an HSA HSAs are only available to those with a qualifying health insurance plan.

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KKR Announces Completion of Acquisition of Simon & Schuster from Paramount

KKR

NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the successful completion of the previously announced acquisition of Simon & Schuster from Paramount Global (NASDAQ: PARA, PARAA) in a $1.62 billion all-cash transaction. With the closing of the deal, Simon & Schuster is now a standalone private company, and the only independent major trade publisher in the U.S.

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Where Will Nvidia's Soaring Stock Be in 3 Years?

The Motley Fool

With shares up a whopping 244% year to date, Nvidia (NASDAQ: NVDA) stock has been a slam dunk for its near-term investors as the artificial intelligence (AI) boom sends demand for its data center chips through the roof. But what will the future bring -- especially as more companies join this red-hot industry? Let's dig deeper to find out how this technology giant may perform over the coming three years.

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KKR & Co. Inc. Reports Third Quarter 2023 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) today reported its third quarter 2023 results, which have been posted to the Investor Center section of KKR’s website at [link] This press release features multimedia. View the full release here: [link] A conference call to discuss KKR’s financial results.

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3 Things You Need to Know if You Buy ChargePoint Holdings Today

The Motley Fool

ChargePoint Holdings (NYSE: CHPT) was once a hot company pushing the electric vehicle revolution forward. Its charging stations sprouted up like weeds, fueled by a shift toward the production of EVs as it looked to stake its claim in the $100 billion market opportunity. However, the EV company faces significant headwinds as losses keep piling up, and the stock is down 86% since the start of 2022.

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KKR announces final result of the voluntary public takeover offer for all outstanding shares of OHB SE

KKR

8 November 2023 - Orchid Lux HoldCo S.à r.l. (“Bidder”), a holding company controlled by investment funds, vehicles and/or accounts advised and managed by various subsidiaries of Kohlberg Kravis Roberts & Co. L.P. (“KKR”), today announced the final result of the voluntary public takeover offer to shareholders of OHB SE (ISIN: DE0005936124, “OHB”).

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Beat the Dow Jones With This Cash-Gushing Dividend Stock

The Motley Fool

Dividend stocks can be an excellent source of passive income. Those that are best have robust cash flows that support and grow their dividend payout. One stock yielding investors nearly 4% that has raised its dividend for 36 consecutive years is Chevron (NYSE: CVX). The integrated oil and gas company has benefited from strong tailwinds to its business in recent years.

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KKR supports InVivo in the global expansion of Malteries Soufflet

KKR

KKR continues to scale its strategic partnership with InVivo and Malteries Soufflet by more than doubling its investment as Malteries Soufflet acquires United Malt, creating the world’s largest maltster

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Is ExxonMobil Stock a Buy?

The Motley Fool

ExxonMobil (NYSE: XOM) runs with a pretty distinguished group of peers, all of which are giant international energy producers with diversified businesses. Despite immense pressure to shift hard toward clean energy, Exxon is sticking close to its core oil and natural gas businesses. But investors need to think long-term before they make a final judgment call.

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KKR Releases “A New Foundation for Global Wealth: Rebuilding Portfolios for the New Regime”

KKR

New KKR Report Focuses on Role of Private Markets in Individual Investor Portfolios NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced the release of “A New Foundation for Global Wealth: Rebuilding Portfolios for the New Regime” by Paula Campbell Roberts, Chief Investment Strategist for Private Wealth. This is the first release in Investing for Wealth, a planned.

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2 Stocks Poised to Soar When the Fed Cuts Rates in 2024

The Motley Fool

Nobody really knows when the Federal Reserve will begin the next cycle of lowering interest rates. But everyone knows it is coming. The Fed will have to begin dropping rates as inflation gets closer to a more normalized level. For investors, that means looking ahead at what sectors and stocks will benefit the most. And it would be smart to own those names before shares are bid higher as rate cuts become a reality.

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KKR to Present at the Goldman Sachs 2023 US Financial Services Conference

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that Scott C. Nuttall, Co-Chief Executive Officer, will present at the Goldman Sachs 2023 US Financial Services Conference on Wednesday, December 6, 2023 at 8:40AM ET. A live webcast of the presentation will be available on the Investor Center section of KKR’s website at [link] For those.

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Moderna Stock Is Climbing Thanks to Merck, But Is It Still a Buy?

The Motley Fool

On Dec. 14, Moderna (NASDAQ: MRNA) and Merck (NYSE: MRK) jointly reported some great news for patients as well as investors: A powerful new cancer therapy is in the works, and the freshly published mid-stage clinical trial data look favorable. Now, the biotech's shares are up by 21% over the last 30 days, and they likely have much further to run over the long term.

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KKR Acquires Potter Global Technologies

KKR

All Employees to Become Owners in the Company ST LOUIS, Mo. & NEW YORK--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced that investment funds managed by KKR have acquired Potter Global Technologies (“Potter” or the “Company”), a leading manufacturer of fire and life safety equipment, from Gryphon Investors. KKR plans to support the Company in its continued growth.

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Is It Too Late to Buy Marathon Digital Stock?

The Motley Fool

Marathon Digital 's (NASDAQ: MARA) stock has soared about 640% over the past 12 months. The bulls rushed back to the Bitcoin (CRYPTO: BTC) miner as the cryptocurrency's price stabilized and recovered from its steep decline in 2022. But is it too late to buy Marathon's stock after that massive rally? How did Marathon become a pure-play Bitcoin miner?

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KKR to Acquire Remaining 37% of Global Atlantic for $2.7 Billion in All-Cash Transaction

KKR

Closer Coordination and Alignment Expected to Further Accelerate Growth of Both KKR and Global Atlantic KKR Announces Other Strategic Initiatives to Benefit Shareholders KKR and Global Atlantic to Host a Conference Call at 10:00 a.m. EST NEW YORK & HAMILTON, Bermuda--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) and Global Atlantic Financial Group LLC (“Global Atlantic” or “GA”) today announced.

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Did Nvidia Just Make a Power Move to Secure Artificial Intelligence (AI) Dominance in 2024?

The Motley Fool

In today's video, I discuss recent updates affecting 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 market prices of Dec. 28, 2023. The video was published on Dec. 28, 2023. 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 investors to buy now.

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KKR, Hologic and Ajax Health Create New Platform to Accelerate Medical Device Innovation

KKR

Platform Will Focus on Technologies to Detect Lung Cancer, the Leading Cause of Cancer Deaths NEW YORK & MARLBOROUGH, Mass.--(BUSINESS WIRE)-- KKR, a leading global investment firm, today announced a new platform established with investments from KKR and Hologic, Inc. (Nasdaq: HOLX), a global leader in women’s health and medical technology innovator.

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1 Cathie Wood Artificial Intelligence (AI) Stock I Can't Stop Buying

The Motley Fool

Most investors understand that artificial intelligence (AI) stocks will play a vital role in the market over the next few years. However, many aren't in tune with which ones are slated to provide strong returns. By tracking funds focusing on this technology, investors can gain insight into a few possible winners. Cathie Wood's Ark Invest is one of the most popular funds to track.

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KKR Expands DACH Presence With New Office In Zurich

KKR

Zurich, 7 December 2023 – KKR, a leading global investment firm, today announced the opening of a new office in Zurich, Switzerland, solidifying its presence in one of the world's most important institutional and wealth management centers. The KKR office opens with individuals representing KKR’s Global Client Solutions team and will also serve as a Swiss base for investment professionals covering the DACH region.

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50% of Warren Buffett's Portfolio Is Invested in This Artificial Intelligence (AI) Dividend Stock

The Motley Fool

Warren Buffett is one of the most closely followed investors of all time. Known as the Oracle of Omaha, Buffett's investment strategy has become a template for people looking to create and preserve wealth. Buffett spent decades studying well-capitalized businesses that generate strong cash flow and use excess profits to reward shareholders. These are qualities that are not typically associated with high-growth technology businesses that burn money.