Fri.Jul 21, 2023

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4 Better Ways to Spend $2 Than Buying a Powerball Ticket

The Motley Fool

Image source: Getty Images The temptation to buy a Powerball ticket is understandable, especially when there's over $1 billion up for grabs. That kind of money would be transformative for most Americans. Which makes the idea of spending $2 -- less than the cost of a take-out coffee -- for a chance of hitting the jackpot beyond attractive. The trouble is that we're not just talking about $2.

Debt 246
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KKR to take specialty chemicals firm Chase Corp private for $1.3bn

PE Hub

According to terms of the deal, KKR will acquire all outstanding shares of Chase common stock for $127.50 per share in cash. The post KKR to take specialty chemicals firm Chase Corp private for $1.3bn appeared first on PE Hub.

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Insiders

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Trending Sources

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1 AI Stock to Buy Before It Soars. Cathie Wood's Ark Invest Sees Upside of Up to 680%

The Motley Fool

When it comes to smart TV operating systems in the U.S., Roku (NASDAQ: ROKU) is undoubtedly a leader with a 43% market share -- higher than that of the next three operating systems combined. After a difficult 2022, this video streaming specialist's stock seems to be finally on the road to recovery, with shares gaining by 90% so far this year. However, Cathie Wood 's Ark Invest, is projecting a much higher growth potential for this stock.

Investing 246
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Bluewater and ex-Dresser-Rand CEO Volpe launch new platform FIT

PE Hub

FIT’s first major act is the acquisition of Houston-based Revak Keene Turbomachinery. The post Bluewater and ex-Dresser-Rand CEO Volpe launch new platform FIT appeared first on PE Hub.

Funds 200
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Tesla and Elon Musk Just Made Me a Bigger Nvidia Bull

The Motley Fool

In this video, I will discuss recent updates impacting Nvidia (NASDAQ: NVDA) and how Tesla 's (NASDAQ: TSLA) earnings made me more bullish on this AI semiconductor giant. 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 July 20, 2023. The video was published on July 20, 2023. 10 stocks we like better than Nvidia When our analyst team has a stock tip, it can pay to listen.

Returns 246
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KKR to take Chase Corp private for $1.3bn; TT Capital Partners fights loneliness

PE Hub

KKR to acquire specialty chemicals firm Chase Corp for $1.3 billion. The post KKR to take Chase Corp private for $1.3bn; TT Capital Partners fights loneliness appeared first on PE Hub.

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More Trending

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CVC Credit prices seventh new CLO for this year at $504m

PE Hub

Societe Generale was the lead arranger for Apidos XLVI. The post CVC Credit prices seventh new CLO for this year at $504m appeared first on PE Hub.

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3 Reasons to Buy Costco Stock Now

The Motley Fool

Costco Wholesale (NASDAQ: COST) has been posting comparable sales declines for the first time in years, yet its stock continues to climb (up 23% this year). There's good reason for investor confidence despite the harsh environment and suffering performance. In fact, there are at least three. 1. Management is tightening membership sharing It's membership-tightening season.

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Denham Capital to sell certain Rio Energy assets to Equinor

PE Hub

Also included in the deal are the Rio Energy trade name and the management team platform. The post Denham Capital to sell certain Rio Energy assets to Equinor appeared first on PE Hub.

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Buying Tesla Stock Today Could Be Like Buying Apple Stock in 2009, According to This Wall Street Strategist

The Motley Fool

Tesla (NASDAQ: TSLA) reported solid financial results for the second quarter, beating expectations across the board. Deliveries soared 83% year over year as the company leaned into discounts, revenue rose 47% to $24.9 billion, and net income climbed 20% to $0.78 per diluted share. But Wall Street took issue with the price cuts, which pushed Tesla's operating margin to a two-year low, and the stock price slipped 10% following the report.

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Southfield Capital-backed Alba Wheels Up buys customs broker V.T. Mancusi

PE Hub

Valley Stream, New York-based Alba Wheels Up is a provider of customs brokerage, freight forwarding, trade compliance and other logistics services. The post Southfield Capital-backed Alba Wheels Up buys customs broker V.T. Mancusi appeared first on PE Hub.

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3 Artificial Intelligence Stocks With More Potential Than Any Cryptocurrency

The Motley Fool

At different times in recent years, the crypto market has been one of the most profitable and volatile places to invest. For instance, since 2018, the value of the best-known cryptocurrency, Bitcoin , has experienced highs of $64,000 and lows of $5,100 and currently sits at about $30,000. And despite over 20,000 different cryptocurrencies on the market, none have delivered the long-term growth stability found in the tech industry.

Prospects 246
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CAI collects more than C$45 for seventh PE fund

PE Hub

CAI’s sixth fund closed in 2020 with C$125 million in commitments. The post CAI collects more than C$45 for seventh PE fund appeared first on PE Hub.

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AMD's Best Bet on AI Might Not Be What You Think

The Motley Fool

The artificial intelligence (AI) hype is real. Stock price increases aside, it has become clear that tech giants are in a race to deploy lots of AI semiconductor computing systems to their data centers to unleash the power of new breakthroughs -- embodied by the generative AI chatbot ChatGPT. It looks like tens of billions of dollars in chip sales are up for grabs in the coming quarters and years.

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Aluminum scoops up skill assessment platform TrueAbility

PE Hub

TrueAbility was founded in 2012. The post Aluminum scoops up skill assessment platform TrueAbility appeared first on PE Hub.

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Is Now a Good Time to Buy CRISPR Therapeutics?

The Motley Fool

CRISPR Therapeutics (NASDAQ: CRSP) may be a few months away from a transformation. The company itself isn't changing, but its financial picture may be about to do so. That's because by year-end, regulators will make a decision about what could become CRISPR's first commercialized product. CRISPR and big biotech partner Vertex Pharmaceuticals submitted exa-cel, a gene editing candidate for blood disorders, to regulators in the U.S., Europe, and the U.K.

Companies 246
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KKR to buy chemical maker Chase in $1.3bn deal

Private Equity Insights

KKR & Co said on Friday it would buy chemical maker Chase in an all-cash deal valued at about $1.3 billion including debt, to help the private equity firm bolster its holdings in the chemical specialty sector. Under the deal terms, KKR will buy all outstanding shares of Chase common stock for $127.50 apiece. Chase manufactures chemicals such as adhesives and coating materials to be used in industries ranging from automotive and electronics to energy markets.

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8 Ways You Probably Waste Money Without Noticing

The Motley Fool

Image source: Getty Images It seems as if every day, life just gets more and more expensive. Thankfully, the punishing inflation we've dealt with since 2021 has fallen to a more manageable level (it's down to just 3%, per the last Consumer Price Index Summary Report), but I'm willing to bet you still see too much money leaving your checking account every month.

Banks 246
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Bain Capital raises SoftwareOne takeover offer to $3.7bn, Bloomberg reports

Private Equity Insights

Bain Capital has increased its offer for SoftwareOne Holding AG to about 3.2bn Swiss francs ($3.72bn), Bloomberg News reported, citing people with knowledge of the matter. The private equity firm has tabled a new proposal of around 20 francs per share for the Swiss software management company, the report said. SoftwareOne and Bain Capital declined to comment on the report.

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Better Cybersecurity Stock: Palo Alto Networks vs. Rapid7

The Motley Fool

Palo Alto Networks (NASDAQ: PANW) and Rapid7 (NASDAQ: RPD) represent two very different ways to invest in the growing cybersecurity market. Palo Alto, one of the world's largest cybersecurity companies, provides its services through three ecosystems -- Strata for its on-site network security appliances, Prisma for its cloud-based services, and Cortex for its artificial intelligence-powered threat detection tools.

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K-Fashion Platform Company Secures $130m in Series C Funding Led by KKR

Private Equity Insights

The Seoul-based online fashion platform Musinsa has raised $130 million in a series C funding round headed by the global investment firm KKR. The capital infusion also includes support from Wellington Management. Executives there did not respond to a media request Wednesday. Musinsa emerged on the digital scene in 2001 as a sneakerhead-centric destination.

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American Express (AXP) Q2 2023 Earnings Call Transcript

The Motley Fool

Image source: The Motley Fool. American Express (NYSE: AXP) Q2 2023 Earnings Call Jul 21, 2023 , 8:30 a.m. ET Contents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Ladies and gentlemen, thank you for standing by. Welcome to the American Express Q2 2023 earnings call. At this time, all participants are on a listen-only mode.

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Looking for a Freelancer? Here's How to Know If You've Found the Right One

Entrepreneur - VC

Hiring a freelancer requires almost the same amount of consideration as finding in-house talent. Doing so provides business owners and team managers to fully assess whether an independent worker is the right fit for their team.

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2 Soaring Stocks With More Upside Potential

The Motley Fool

Investors looking for stocks with explosive growth potential would do well to take a gander at the biotech industry. Clinical and regulatory wins can fuel excellent stock market performances for companies in the sector in a relatively short period, say a year. But short-term gains alone aren't enough to make a company in any industry a buy, at least for investors focused on the long term.

Financing 246
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America’s Enormous Math Mistake’s Mistake

The Big Picture

@TBPInvictus here; Let’s cut to the chase : A popular video on YouTube claims the poor are much less poor than the official statistics suggest because those statistics ignore government welfare programs like Food Stamps and Aid to Dependant Children and lots of other safety net programs. If this were true, it would mean we have been measuring income inequality incorrectly (perhaps wealth inequality as well).

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Why Lemonade Stock Soared 25% This Week

The Motley Fool

What happened Shares of Lemonade (NYSE: LMND) jumped more than 25% this week, according to data provided by S&P Global Market Intelligence , as the mobile-centric insurance technology company enjoyed an apparent short squeeze. So what The bulk of Lemonade's pop this week came on Wednesday, when trading volume on the stock tripled despite no company-specific news to drive the move -- though a positive quarterly report from online used car dealer Carvana (NYSE: CVNA) (which skyrocketed more than 4

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We Have Lost All Sense of Decorum

The Reformed Broker

Welcome to the latest episode of The Compound & Friends. This week, Michael Batnick, Sam Ro, Jack Raines, and Downtown Josh Brown discuss AI and the market, the meme economy, Nvidia’s rollercoaster year, the earnings recession, financial charlatans, Berkshire’s massive bet on Apple, and much more! You can listen to the whole thing below, or find it wherever you like to listen to your favorite pods!

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3 Things About Altria Stock That Smart Investors Know

The Motley Fool

Altria (NYSE: MO) stock is, in some ways, one of the more resilient stocks trading on the market. Despite the surgeon general turning against its primary product in 1964, the stock has continued to rise even as smoking declined in the U.S. Today, the stock is an integral part of numerous stock portfolios and remains on the watchlists of other investors.

Investors 245
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Collectly Raises $29M in Series A Funding

FinSMEs

Collectly, a Santa Monica, CA-based provider of patient financial engagement software for medical groups, raised $29M in Series A funding. The round, which brought the total amount to $34.1M, was led by Sapphire Ventures, with participation from YC, Wayfinder Ventures, Burst Capital, Cabra VC, and Davidovs VC. The company intends to use the funds to […] The post Collectly Raises $29M in Series A Funding appeared first on FinSMEs.

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Is Verizon's 8% Dividend Yield Safe for Passive Income Investors?

The Motley Fool

Fool.com contributor Parkev Tatevosian evaluates Verizon 's (NYSE: VZ) financial position to determine if it can sustain this dividend yield in the long run. *Stock prices used were the afternoon prices of July 18, 2023. The video was published on July 20, 2023. 10 stocks we like better than Verizon Communications When our analyst team has a stock tip, it can pay to listen.

Investors 245
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Hello Neighbour Closes £2.5M Series A Funding

FinSMEs

Hello Neighbour, a London, UK property lettings and management company, closed a £2.5m Series A funding. The round, which brought total funding to £4.8m, was led by Surebind Ltd. The company intends to use the funds to expand operations and its business reach, as well as to invest in its technology platform. Founded in 2018 by […] The post Hello Neighbour Closes £2.5M Series A Funding appeared first on FinSMEs.

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Looking for Tech Stocks? These 3 Are Great Buys

The Motley Fool

The tech industry is booming in 2023, a stark contrast to last year's economic-driven sell-off. Wall Street is increasingly bullish about high-growth markets like artificial intelligence (AI) and cloud computing, with some of the sectors' leaders enjoying monster rallies since Jan. 1. As tech companies recover from 2022's macroeconomic headwinds, now is an excellent time to consider investing before their shares rise higher.

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Threads Struggles to Sustain Engagement Following the Explosive Surge in Users Upon Launch

Entrepreneur - VC

The app's lack of features and monetization options for creators may be contributing factors, but Meta remains patient in improving the app's performance and features for long-term growth.

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After a New Q2 Revenue Record, Is It Time to Buy Carnival Stock?

The Motley Fool

Riding the wake of a demand spike that started late last year, Carnival Corporation (NYSE: CCL) (NYSE: CUK) just posted another record quarter. In fact, CEO Josh Weinstein reported that Carnival's "phenomenal wave season" is still "going strong midway through the year." Let's examine Carnival's second-quarter earnings and determine whether this cruise line stock is a buy.