Tue.Jul 18, 2023

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Pay Raises Beat Inflation for First Time in 2 Years. Is the End in Sight?

The Motley Fool

Image source: Getty Images What happened Real average hourly earnings -- wages adjusted for inflation -- increased 1.2% year on year in June. The hourly wage in June 2023 was $11.05, up from $10.92 the year before. According to The Wall Street Journal , it's the second month running where inflation hasn't wiped out average wage gains. So what High living costs have put a big dent in people's budgets in the past few years.

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Incline scoops up fall protection equipment provider GME Supply

PE Hub

Caleb Messer serves as CEO of GME and Beau Aero is founder and chairman. The post Incline scoops up fall protection equipment provider GME Supply appeared first on PE Hub.

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7 Remarkable Stocks That Could Join Apple, Microsoft, Nvidia, Amazon, and Alphabet in the $1 Trillion Club

The Motley Fool

Fool.com contributor and 25-year stock market veteran Eric Cuka shares the companies currently in the trillion-dollar club and the seven best stocks to buy that will likely join the ranks next. *Stock prices used were the morning prices of July 18, 2023. The video was published on July 18, 2023. Find out why Tesla is one of the 10 best stocks to buy now Our analyst team has spent more than a decade beating the market.

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Wind Point-backed Pavion acquires low voltage services firm K&J

PE Hub

Pavion is a provider of integrated solutions for fire, safety, security, and critical communications. The post Wind Point-backed Pavion acquires low voltage services firm K&J appeared first on PE Hub.

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The Retirement Mistake That Costs 4 in 10 People Thousands of Dollars

The Motley Fool

Employer-sponsored retirement plans like the 401(k) are the primary tool working people use to save for their golden years. People used to spend all or most of their working years with one company, but workers are much more likely to change jobs today. Unfortunately, roughly 40% of people make a costly mistake when they switch occupations, potentially costing them thousands of dollars over the long run.

Taxes 246
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Angelo Gordon racks up over $1bn for credit fund

PE Hub

The fund's backers include existing Angelo Gordon clients, as well as new institutional investors. The post Angelo Gordon racks up over $1bn for credit fund appeared first on PE Hub.

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Stone Point-backed Allied buys digital benefits platform Medxoom

PE Hub

Allied is a healthcare administrator for employee benefits plans. The post Stone Point-backed Allied buys digital benefits platform Medxoom appeared first on PE Hub.

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2 Top AI Stocks Ready for a Bull Run

The Motley Fool

Artificial intelligence (AI) has turned out to be a big growth driver for technology stocks in 2023, which explains why the tech-laden Nasdaq-100 Technology Sector index has soared 44% so far this year. The good part is that AI technology is currently in its early phases of growth, and it is expected to boom big time in the long run. According to one estimate, the global AI market could generate annual revenue of $1.85 trillion in 2030, which would be a massive jump over last year's market size

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Wolverine Capital Partners buys manufacturer Vital Plastics

PE Hub

Matrix Capital Markets Group Inc provided M&A advisory services to Vital Plastics on the deal. The post Wolverine Capital Partners buys manufacturer Vital Plastics appeared first on PE Hub.

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Why Netflix Stock Zoomed Almost 6% Higher Today

The Motley Fool

What happened Netflix (NASDAQ: NFLX) is on the cusp of releasing its latest set of quarterly earnings, and analysts were upping their price targets in anticipation of a good show. On the back of two such hikes on Tuesday, investors pushed the entertainment stock's value up by 5.5%, crushing the S&P 500 index's 0.7% increase. So what The two raising parties were Jefferies's Andrew Uerkwitz and Matthew Harrigan of Benchmark, both of whom added considerably to their respective levels.

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Carlyle names Soares as chief information officer

PE Hub

In this role, Soares will drive the firm’s global technology strategy and lead the firmwide global technology solutions organization. The post Carlyle names Soares as chief information officer appeared first on PE Hub.

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What These 2 Big Bank Stocks Are Saying About the Bull Market

The Motley Fool

The stock market appeared ready to open on a flat note on Tuesday morning, largely playing a waiting game as market participants wait for the latest financial results for some top companies in areas like technology and communication services. Stock index futures eased very slightly lower in premarket trading before the open. Last week, investors got a large helping of financial reports from bank stocks , and the various numbers from different banking institutions gave several perspectives on how

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Hamilton Lane embraces generative AI with TIFIN joint venture

PE Hub

Generative AI will help PE investors 'spend more time on second-level investment thinking and less on the groundwork,' said Hamilton Lane's Griff Norville. The post Hamilton Lane embraces generative AI with TIFIN joint venture appeared first on PE Hub.

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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

The Motley Fool

Cathie Wood's investing style is back in fashion this year. The founder, CEO, and chief investment officer of Ark Invest is having a good year, bouncing back in a major way after a brutal run in 2021 and 2022. She posts her daily transactions at the end of every trading day, and she was particularly busy to kick off the new week. What was Wood buying on Monday?

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Macquarie Capital recruits Gatto as senior advisor

PE Hub

In this role, Gatto will support Macquarie Capital’s global consumer and retail team advising clients across the food and beverage, household products and personal care, consumer goods and retail sectors. The post Macquarie Capital recruits Gatto as senior advisor appeared first on PE Hub.

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Compounding Your Wealth Through Dividends

The Motley Fool

Albert Einstein called compounding "the eighth wonder of the world," and it's amazing when you look at this idea in terms of dividends. A dividend growth stock like Home Depot (NYSE: HD) is an example of a company that has grown its dividend at an average annual clip of 18% over the past decade. Check out today's video, as I walk through how compounding works and how you can earn money in your sleep.

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BC Partners’ Nikos Stathopoulos: Get ready to hold assets for longer

PE Hub

‘I still believe it's one of the best investing environments that I can think of,’ said the private equity firm’s chairman of Europe. The post BC Partners’ Nikos Stathopoulos: Get ready to hold assets for longer appeared first on PE Hub.

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Disney World's Top Rival Wants to Have a Blast This Summer

The Motley Fool

Summer travel season has gotten off to a slow start in Central Florida, but Universal Studios parent Comcast (NASDAQ: CMCSA) is hoping that a new attraction could heat up the traffic trends. Universal Studios Florida has yet to officially announce an opening date for Illumination's Villain-Con Minion Blast, but the new attraction began taking on its first park guests over the weekend as part of extended rehearsals.

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GI Partners takes a majority stake in two Illinois hyperscale data centers

PE Hub

The transaction was done in partnership with Digital Realty Trust. The post GI Partners takes a majority stake in two Illinois hyperscale data centers appeared first on PE Hub.

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2 Dividend-Paying Tech Stocks to Buy Right Now

The Motley Fool

There is never a wrong time to start investing in dividend-paying stocks. The sooner you do it, the better. The true power of income-generating stocks lies in letting them work their magic for many years or even decades -- collecting cash to share with stockholders and raising those quarterly payouts year by year. Great dividend payers are rare in the tech sector.

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BVP Forge leads recap of MOM software provider Parsec

PE Hub

Parsec is the developer of TrakSYS, an operations management software application and solution platform designed to improve manufacturing processes. The post BVP Forge leads recap of MOM software provider Parsec appeared first on PE Hub.

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Why Shares of Masimo Are Dropping Tuesday

The Motley Fool

What happened Shares of Masimo (NASDAQ: MASI) were down by 18.5% as of 1:30 p.m. on Tuesday. The patient monitoring company announced preliminary numbers for the second quarter after the markets closed on Monday. The stock is now down by about 19% so far this year. So what Masimo is a healthcare company that focuses on patient monitoring technologies, including measurements, sensors, patient monitors, and automation and connectivity solutions.

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Lion Electric Company inks $142m funding deal with investor group

PE Hub

Lion Electric Company is a Saint-Jérôme, Quebec-based manufacturer of all-electric medium and heavy-duty urban vehicles. The post Lion Electric Company inks $142m funding deal with investor group appeared first on PE Hub.

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Is Iger Really Breaking Up Disney?

The Motley Fool

Walt Disney (NYSE: DIS) CEO Bob Iger has indicated that he's willing to sell some of the company's media assets in order to position it for growth. Is that the right move? Travis Hoium digs into the question in this video. *Stock prices used were end-of-day prices of July 16, 2023. The video was published on July 17, 2023. 10 stocks we like better than Walt Disney When our analyst team has a stock tip, it can pay to listen.

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TSCP-backed PestCo buys pest control services provider 5 Star

PE Hub

This is the eleventh investment for PestCo, an acquisition company formed to consolidate the highly fragmented pest control industry. The post TSCP-backed PestCo buys pest control services provider 5 Star appeared first on PE Hub.

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Better AI Biotech Stock: Schrödinger vs. Recursion Pharmaceuticals

The Motley Fool

Schrödinger (NASDAQ: SDGR) and Recursion Pharmaceuticals (NASDAQ: RXRX) are both biotechs that want to use AI to streamline the drug discovery and development process. And that makes them hot stocks in the AI-obsessed market of 2023. But which business is a better pick, given that the field they share is evolving rapidly and that neither is profitable?

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Specialty iron firm Lawton Standard secures investment from NewSpring

PE Hub

Investment proceeds will be used to help facilitate acquisition of AMSCO Wear Products, a distributor of specialty steel products & castings to the scrap metal, recycling, and mining industries. The post Specialty iron firm Lawton Standard secures investment from NewSpring appeared first on PE Hub.

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Dollar Tree Is Cutting Some Prices Back to $1 -- but Don't Get Too Excited Yet

The Motley Fool

Image source: Getty Images Much ado has been made about Dollar Tree's announcement that the chain will cut some prices back to $1. As nice as a return to $1 price tags sounds, the adjustment is not quite what it seems. Here, we lay out what a store executive recently said about prices, and why Dollar Tree policies matter to so many people. Dollar Tree started selling items for $1 in 1986 Dollar Tree first opened in 1986.

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Lee Equity and Twin Point close Tessco Technologies take-private buyout

PE Hub

The deal was for about $160 million. The post Lee Equity and Twin Point close Tessco Technologies take-private buyout appeared first on PE Hub.

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Why Delta Air Lines Stock Is a Strong Buy Post-Earnings

The Motley Fool

After an excellent run over the last three months (up almost 40%), Delta Air Lines (NYSE: DAL) stock sold off a bit after the company released its second-quarter earnings. However, it looks more like a round of sell-off-on-the-news rather than any verdict on the earnings. In fact, the earnings and guidance upgrade was excellent, and Delta's stock has room to run.

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Percheron Capital acquires seven home services companies

PE Hub

Headquartered in Texas, Blue Cardinal is a network of residential HVAC, plumbing, and electrical services businesses. The post Percheron Capital acquires seven home services companies appeared first on PE Hub.

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The Surprising Reason You May Want to Cancel Amazon Prime

The Motley Fool

Image source: Getty Images There are plenty of good reasons to join Amazon Prime. For just $139 a year, you can score access to unlimited free two-day shipping on orders of any amount, plus added perks like free digital content. But while $139 may not seem like a lot to pay for a Prime membership, you may want to consider canceling yours if it tends to lead you to overspend.

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Clearhaven funds software firm Korbyt

PE Hub

The funding will accelerate Korbyt’s growth trajectory. The post Clearhaven funds software firm Korbyt appeared first on PE Hub.

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Why Pinterest Stock Popped on Tuesday

The Motley Fool

What happened Shares of one-time social media upstart Pinterest (NYSE: PINS) -- which at one time sported a stock price more than twice the $29 and change it costs today -- are inching ever so slowly back toward their highs of yesteryear. As of 11:35 a.m. ET Tuesday, the company's stock is up a solid 2%. You can thank the friendly analysts at Evercore ISI for that.