Wed.Jul 05, 2023

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A Bull Market Is Coming: 2 AI Stocks to Buy Now and Hold Forever

The Motley Fool

No doubt about it, artificial intelligence (AI) is 2023's hottest tech trend. Beyond that, it's also helped power big gains for the stock market. Some analysts and industry watchers have already hailed the beginning of a new bull market. But regardless of what definition of bull market you use, the market's next big bullish phase will almost certainly see big gains for top AI companies.

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Sovereign wealth fund Mubadala invests in KKR-backed CoolIT Systems

PE Hub

Earlier this year, US private equity firm KKR announced an agreement to acquire CoolIT Systems. The post Sovereign wealth fund Mubadala invests in KKR-backed CoolIT Systems appeared first on PE Hub.

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Bitcoin to $200,000? Wall Street's Tom Lee Predicts Major Upside for the World's Largest Cryptocurrency

The Motley Fool

Bitcoin (CRYPTO: BTC) had a miserable 2022, and the token remains down by more than half from its all-time high. Investors are still digesting a wave of negativity, which included the collapse of several cryptocurrency exchanges last year, not to mention some of the industry's most prized stablecoin experiments. But the crypto winter might be thawing, because Bitcoin has gained an impressive 84% in 2023 so far, outpacing traditional asset classes, including the stock market.

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Advent-backed Imperial Dade acquires industrial and janitorial supplies provider Lovan

PE Hub

Imperial Dade is a provider of foodservice packaging supplies and janitorial supplies. The post Advent-backed Imperial Dade acquires industrial and janitorial supplies provider Lovan appeared first on PE Hub.

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A Bull Market Could Be Here: 3 Reasons to Buy Chipotle Stock

The Motley Fool

Amid a possible bull market, the recent IPO of Cava Group has brought attention back to the fast-food industry. Many regard this newcomer as the Mediterranean version of Chipotle Mexican Grill (NYSE: CMG) and hope that it can match Chipotle's long-term returns. Yet, one might argue, why take a risk on Cava when investors have an established success in Chipotle?

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Palladium Heritage forms new platform Collision Auto Partners from three acquisitions

PE Hub

Collision Auto Parts LLC, which will serve markets in the Western U.S. with six distribution facilities across New Mexico and California. The post Palladium Heritage forms new platform Collision Auto Partners from three acquisitions appeared first on PE Hub.

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Brookfield Reinsurance to buy life insurance firm AEL for $4.3bn

PE Hub

As part of the agreement, each AEL shareholder will receive $55 per AEL share. The post Brookfield Reinsurance to buy life insurance firm AEL for $4.3bn appeared first on PE Hub.

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1 Stock-Split Stock to Buy Hand Over Fist in July and 1 to Avoid Like the Plague

The Motley Fool

Stock market corrections and bear markets are a normal part of the long-term investing cycle. Nevertheless, substantial downside in equities tends to catch investors off guard. The 2022 bear market , which saw the three major U.S. stock indexes deliver their worst returns since 2008, provides a perfect example. When equities head lower or uncertainty builds on Wall Street, investors will always try to find the proverbial light at the end of the tunnel.

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ArcLight to buy Duke Energy’s commercial distributed generation biz for $364m

PE Hub

Based in Charlotte, North Carolina, Duke Energy is a energy holding company. The post ArcLight to buy Duke Energy’s commercial distributed generation biz for $364m appeared first on PE Hub.

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4 Ways to Access Retirement Accounts Early Without Paying the Penalty

The Motley Fool

Retirement accounts like the IRA and 401(k) are designed to help you save for retirement. So the IRS imposes penalties on most withdrawals that take place before age 59-1/2. But if you're retiring earlier than that, you'll need to find a way to access all your savings without paying that penalty. If you plan ahead for your early retirement, there are plenty of ways you can get access to retirement savings well before age 59-1/2, and you won't have to pay that pesky penalty at all.

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GTCR-backed Senske Services buys lawn care company National Turf Service

PE Hub

Senske Services is a provider of residential lawn care, pest control, and home services. The post GTCR-backed Senske Services buys lawn care company National Turf Service appeared first on PE Hub.

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How Amazon Members Can Stream Thousands of Extra Movies and Shows for Free

The Motley Fool

Image source: Getty Images Many of us do at least some of our shopping on Amazon. Whether you're a Prime member or not, there's an Amazon perk that you may be missing out on. All shoppers can enjoy thousands of ad-supported streaming content options through Amazon Freeve. This may be a resource to consider if you're looking for additional entertainment options.

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Casella closes acquisition of GFL’s Mid-Atlantic waste operations

PE Hub

With headquarters in Vaughan, Ontario, GFL is an environmental services provider. The post Casella closes acquisition of GFL’s Mid-Atlantic waste operations appeared first on PE Hub.

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What Does Warren Buffett Think About Apple's $3 Trillion Market Cap?

The Motley Fool

Apple (NASDAQ: AAPL) just made history: Prior to June 30, no stock had ever closed with a market cap of $3 trillion or higher. But the tech giant now finds itself the sole member of the club. Arguably, no person on the planet benefits as much from Apple reaching this milestone as Warren Buffett. But what does Buffett think about Apple's $3 trillion market cap ?

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ABP, OMERS Infrastructure agree to buy Kenter from Alliander

PE Hub

Kenter is a Gelderland, Netherlands-based energy infrastructure products business. The post ABP, OMERS Infrastructure agree to buy Kenter from Alliander appeared first on PE Hub.

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Better Buy: AMD vs. Nvidia

The Motley Fool

As the tech market develops, demand for powerful chips is soaring. Countless industries including gaming, artificial intelligence (AI), cloud computing, and virtual/augmented reality (VR/AR) require more-advanced hardware. As a result, chipmakers like Advanced Micro Devices (NASDAQ: AMD) and Nvidia (NASDAQ: NVDA) could see earnings soar over the long term, making their stocks attractive.

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Exit interview: Vista discusses $4.6bn sale of Apptio to IBM

PE Hub

'It is difficult to understate the complexity facing organizations as they navigate the ongoing digital transformation,' said Vista's Nadeem Syed. The post Exit interview: Vista discusses $4.6bn sale of Apptio to IBM appeared first on PE Hub.

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How to Update Your Bathroom for Less Than $400

The Motley Fool

Image source: Getty Images If a bathroom in your home looks like it was last updated during the disco era, you may be anxious to do something about it. However, according to BobVila.com, the average national cost of a bathroom remodel ranges from $6,621 to $16,773. And that's not a high-end remodel. If you don't have that kind of cash lying around right now, there's good news.

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Lindsay Goldberg backs dental support organization Lightwave Dental

PE Hub

Houlihan Lokey served as financial advisor to Lightwave on the deal. The post Lindsay Goldberg backs dental support organization Lightwave Dental appeared first on PE Hub.

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1 Soaring AI Stock You May Regret Buying

The Motley Fool

If investing were as simple as buying stocks with the best growth potential, everyone could be Warren Buffett. But alas, that's just not the case -- the price you pay for an investment matters. Shares of the best company bought at the wrong price can make for a terrible investment, even if that company does well in the long run. Graphics chip company Nvidia (NASDAQ: NVDA) is on the ground floor of the AI revolution.

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Vista details Apptio sale to IBM; Brookfield Reinsurance scoops up AEL

PE Hub

ArcLight is buying Duke Energy's commercial distributed generation business for $364 million. The post Vista details Apptio sale to IBM; Brookfield Reinsurance scoops up AEL appeared first on PE Hub.

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Nio's Business Bounces Back, but There's a Better Way to Play Chinese EV Stocks

The Motley Fool

Earlier this year, Nio (NYSE: NIO) shares dropped to multi-year lows as the Chinese electric vehicle (EV) maker struggled to regain momentum after it worked to recover from various production and delivery headwinds. Yet, in the past month its American depositary shares have soared by about 30%. The company seemed to justify that optimism when it reported monthly June delivery data.

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Ardian to acquire 50 percent stake in Mexican telecom infrastructure firm MXT Holdings

PE Hub

Ardian's investment will be used by MXT Holdings to complete an asset swap for about 200 towers and about 1,800 km of metro fiber from Telefónica. The post Ardian to acquire 50 percent stake in Mexican telecom infrastructure firm MXT Holdings appeared first on PE Hub.

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Why Meta Platforms Was Rising Today

The Motley Fool

What happened Shares of Meta Platforms (NASDAQ: META) were on the rise Wednesday, up as much as 4.2% before settling into a 3.5% gain as of 1:57 p.m. ET. The move was notable, since all of the major indices were in the red at that time. Investors appear to be enthusiastic over the prospect of Meta launching a new microblogging rival to Twitter called Threads, which is set to be unveiled on Thursday.

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Gauge Capital invests in tan brand Loving Tan

PE Hub

As part of the investment, Gauge will appoint Hilary Daly as CEO. The post Gauge Capital invests in tan brand Loving Tan appeared first on PE Hub.

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1 Dividend Stock Down 51% You'll Regret Not Buying on the Dip

The Motley Fool

Fool.com contributor Parkev Tatevosian explains why this dividend stock is an excellent choice for passive income investors. *Stock prices used were the afternoon prices of July 2, 2023. The video was published on July 4, 2023. 10 stocks we like better than International Paper When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor , has tripled the market.* They just revealed what they believe are the ten

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Greenbriar buys parking and hospitality solutions provider Towne Park

PE Hub

The seller was TA Associates. The post Greenbriar buys parking and hospitality solutions provider Towne Park appeared first on PE Hub.

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3 No-Brainer Stocks to Buy With $100 Right Now

The Motley Fool

On Wall Street, getting from point A to B rarely occurs in a straight line. Over the past two years, the Dow Jones Industrial Average , S&P 500 , and Nasdaq Composite have surged to record-closing highs, plunged into a bear market , and bounced decisively off of their 2022 bear market lows. However, with all three indexes nowhere near their all-time highs, bargains can still be found.

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Hg taps Zuber as operating partner and North American lead

PE Hub

Based in the U.S., Zuber was most recently an operating partner, as well as founder and head of the technology group at Thoma Bravo. The post Hg taps Zuber as operating partner and North American lead appeared first on PE Hub.

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3 Reasons Healthcare Might Be a Bigger Burden in Retirement Than Expected

The Motley Fool

If you're in the process of planning for retirement, there are certain expenses you probably know to account for, like housing, transportation, and of course, healthcare. But the latter may end up being costlier than you imagine. Here are some of the main reasons why. 1. Medicare won't cover everything Many people assume that once they're eligible for Medicare, they'll have all of their healthcare needs covered.

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Beach Point raises $397.44m for second CLO

PE Hub

JP Morgan served as a lead arranger on the CLO, Sandstone Peak II Ltd. The post Beach Point raises $397.44m for second CLO appeared first on PE Hub.

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Why Intel Stock Wilted on Wednesday

The Motley Fool

What happened No longer the high-flying tech stock it once was, Intel (NASDAQ: INTC) got its wings clipped on Wednesday. Although the impetus for this was an ostensibly bullish analyst note, there was enough in the document to warrant concern. At the close of the trading day, Intel's share price had sunk by more than 3%, a notably steeper fall than the S&P 500 index's 0.2% decline.

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Industrial automation firm PACIV secures investment from HCAP

PE Hub

HCAP Partners invests in underserved, lower-middle market companies throughout California and the Western US Based in Grand Rapids, Michigan, Blackford Capital targets lower middle-market companies, with a focus on the manufacturing, industrial and distribution industries PACIV was founded in 1997 HCAP Partners has made an investment in San Juan, Puerto Rico-based PACIV, a provider of […] The post Industrial automation firm PACIV secures investment from HCAP appeared first on PE Hub.

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Why Ulta Beauty Stock Jumped 15% in June

The Motley Fool

What happened Shares of cosmetics company Ulta Beauty (NASDAQ: ULTA) gained 15% in June, according to data provided by S&P Global Market Intelligence. Investors seem to have realized that the 24% drop the previous month was an overreaction to a mixed earnings report. So what Ulta is the largest specialty beauty chain in the U.S. It has more than 1,300 physical stores as well as a robust online presence with 25,000 products from 600 brands.

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