Thu.Aug 24, 2023

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Nvidia Stock Pops After Another Blowout Earnings. Just How High Can This All-Star Stock Fly?

The Motley Fool

Three months ago, Nvidia (NASDAQ: NVDA) delivered what one analyst called "guidance for the ages." The graphics processing unit (GPU) maker projected that its second-quarter revenue would be in the ballpark of $11 billion. Nvidia faced lofty expectations as the company reported its Q2 results after the market closed on Wednesday. And it didn't disappoint.

Prospects 246
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IVEST snaps up licensing rights to franchise Care Bears for $100m

PE Hub

Included in this transaction are the rights to the Care Bears and other characters and games, including Holly Hobbie and Mad Balls. The post IVEST snaps up licensing rights to franchise Care Bears for $100m appeared first on PE Hub.

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Intel Doubles Down on Advanced Chip Packaging

The Motley Fool

Chip-giant Intel (NASDAQ: INTC) is dead set on reclaiming its manufacturing edge over foundry leader TSMC. The company's manufacturing roadmap includes launching five nodes in a four-year span. Intel's Meteor Lake PC chips, set to launch this year, will use the Intel 4 process, the second process node in the plan. The final node, called Intel 18A, should be ready by the end of 2024.

Companies 246
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Roark Capital to buy fast-food restaurant chain Subway

PE Hub

J.P. Morgan is serving as financial advisor to Subway while Sullivan & Cromwell LLP is serving as legal counsel. The post Roark Capital to buy fast-food restaurant chain Subway appeared first on PE Hub.

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3 Simple Steps to Building a Million-Dollar Investment Portfolio

The Motley Fool

The stock market is one of the simplest and most effective tools for building wealth that lasts a lifetime, but there are many misconceptions when it comes to investing. Many people believe, for example, that you need to be wealthy to make a lot of money in the stock market or you must be a finance guru to build a solid portfolio. While those factors certainly don't hurt, they're not necessary to generate long-term wealth.

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IVEST’s acquisition of Care Bears rights is a ‘rare opportunity’ for private equity

PE Hub

In the summer of Barbie, IVEST has landed the rights to the Care Bears franchise by buying Cloudco for $100m. The post IVEST’s acquisition of Care Bears rights is a ‘rare opportunity’ for private equity appeared first on PE Hub.

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IVEST buys rights to Care Bears; PSG Equity on AppHub add-ons; SEC rules a Dodd-Frank moment

PE Hub

IVEST scoops up licensing rights to children's franchise Care Bears. The post IVEST buys rights to Care Bears; PSG Equity on AppHub add-ons; SEC rules a Dodd-Frank moment appeared first on PE Hub.

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How Much Money Would You Need Invested to Produce a $50,000 Retirement Income?

The Motley Fool

Image source: Getty Images Retirement can be an expensive time of life, especially if you want to enjoy traveling around the world or if you have costly healthcare expenses to pay as a senior and don't want to end up in credit card debt. It's important to make sure you have enough money to do all the things that you want to do during your later years.

Investing 246
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Riverside Partners-backed UnisLink appoints Strand as CEO

PE Hub

Phoenix-based UnisLink is a provider of revenue cycle and population health management services for independent physician practices. The post Riverside Partners-backed UnisLink appoints Strand as CEO appeared first on PE Hub.

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Why VinFast Auto Stock Surged Another 53% Today

The Motley Fool

What happened There's no stopping VinFast Auto (NASDAQ: VFS) stock. After more than doubling in just the first three days of this week, the electric vehicle (EV) stock , which debuted in the U.S. last week, was up another 53% at 10 a.m. ET this morning. Today's jaw-dropping rally means VinFast stock is already up more than 200% so far this week. So what As per the latest media reports, South Korea's Star Group Industrial is reportedly planning a factory in Vietnam.

Investors 246
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PSG-backed AppHub aims to boost e-commerce connections with AI

PE Hub

PSG Equity recently invested in AppHub, an e-commerce software developer, and made an add-on acquisition of Boost. The post PSG-backed AppHub aims to boost e-commerce connections with AI appeared first on PE Hub.

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Warren Buffett Dumps 45% of This Auto Stock: Time to Panic?

The Motley Fool

Warren Buffett once quipped that it would be wise for investors to be fearful when others are greedy, and greedy when others are fearful. As the automotive industry is on the cusp of major evolution with autonomous driving vehicles, vehicles as a service, and the transition to electric vehicles, what does Buffett dumping 45% of Berkshire Hathaway 's holdings of General Motors (NYSE: GM) mean?

Funds 246
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Wind Point-backed Pavion buys security systems firm RFI Enterprises

PE Hub

Pavion is a provider of integrated solutions for fire, safety, security, and critical communications. The post Wind Point-backed Pavion buys security systems firm RFI Enterprises appeared first on PE Hub.

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Palantir's latest patent watches over your shoulder at work

The Motley Fool

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day. Palantir wants to give its clients a panopticon for their workforce. The company filed a patent application for a system for optimized calculation of " member activity metrics " -- members meaning employees, in this case.

Companies 246
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PE-backed O2C Brands snaps up natural baby products provider Green Sprouts

PE Hub

O2C Brands, LLC is a collection of family-focused brands. The post PE-backed O2C Brands snaps up natural baby products provider Green Sprouts appeared first on PE Hub.

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Why Advanced Micro Devices Fell Today

The Motley Fool

What happened Shares of chipmaker Advanced Micro Devices (NASDAQ: AMD) were plunging in Thursday trading, down as much as 7.8% before bouncing to a 7.4% decline as of 2 p.m. ET. It appears as though today was a "sell the news" event following the stock's run-up ahead of the Nvidia earnings release yesterday, and ahead of Federal Reserve Chair Jay Powell's speech tomorrow in Jackson Hole.

Investors 246
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Kian-backed The Purple Guys scoops up two IT managed service firms Advantex and Herrod Technology

PE Hub

The Purple Guys is a provider of managed IT services to small- and mid-sized businesses. The post Kian-backed The Purple Guys scoops up two IT managed service firms Advantex and Herrod Technology appeared first on PE Hub.

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3 Massive New Markets Could Await Ozempic, And They Might Make Novo Nordisk Investors Richer

The Motley Fool

Novo Nordisk 's (NYSE: NVO) molecule semaglutide is the active ingredient in its smash-hit therapies for weight loss and diabetes, which you've probably heard of under the trade names Wegovy and Ozempic. With its share prices up by 79% in the last 12 months alone thanks to sales of those semaglutide drugs, the company is being forced to actively limit its own marketing efforts in an attempt to buy time to scale up its manufacturing capabilities to meet the incredible demand.

Investors 246
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EnCap, Apollo and others to sell Broad Reach’s battery storage biz to Engie

PE Hub

The sellers are EnCap Energy Transition, Yorktown Partners, Mercuria Energy and Apollo. The post EnCap, Apollo and others to sell Broad Reach’s battery storage biz to Engie appeared first on PE Hub.

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Cathie Wood Just Sold Shopify -- and Bought These 7 Potentially Explosive Growth Stocks

The Motley Fool

CEO Cathie Wood's Ark Invest firm continues to trim its holdings in Shopify (NYSE: SHOP). The company regularly publishes updates on holdings in its exchange-traded funds (ETFs), and its latest update showed that it sold 48,313 shares of the e-commerce services stock for its ARK Next Generation Internet ETF (NYSEMKT: ARKW) and 120,022 shares of the stock from its Ark Fintech Innovation ETF (NYSEMKT: ARKF) on Aug. 21.

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Round Hill Music buys music company Linus Entertainment

PE Hub

Linus Entertainment is a Waterdown, Ontario-based music company operating as an independent record label, distributor and publisher. The post Round Hill Music buys music company Linus Entertainment appeared first on PE Hub.

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A Bull Market Is Coming: 2 Red-Hot AI Growth Stocks to Buy Hand Over Fist Before They Soar 40% to 85%

The Motley Fool

The stock market has been in recovery mode so far in 2023 after being hammered badly last year over concerns about surging inflation and the resulting rise interest rates. The S&P 500 index is up 24% since hitting its most recent low on Oct. 12, 2022, and some on Wall Street are suggesting that a new bull market is underway. The stock market's jump this year has been mostly driven by technology stocks , which benefited from the growing craze around artificial intelligence (AI).

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Apollo-backed Yahoo acquires retail investors’ social platform Commonstock

PE Hub

Launched in August 2020, Commonstock has more than $10 billion in connected assets. The post Apollo-backed Yahoo acquires retail investors’ social platform Commonstock appeared first on PE Hub.

Investors 181
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CVS Health's Earnings Crashed 37% in Q2: Should Investors Be Worried?

The Motley Fool

Shares of CVS Health (NYSE: CVS) have nosedived 28% so far in 2023. The company's business performance has disappointed this year with the bottom line falling by a whopping 37% in the most recent quarter. There was also the recent news that Blue Shield of California would be using other pharmacy benefits managers, limiting its exposure to CVS. In light of these developments, is the healthcare company in trouble?

Investors 246
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Artemis taps O’Halloran as talent operating partner

PE Hub

Also, the firm has hired Cheryl Xiang as a member of the investment team. The post Artemis taps O’Halloran as talent operating partner appeared first on PE Hub.

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3 Artificial Intelligence (AI) Stocks With More Potential Than Any Cryptocurrency

The Motley Fool

According to data from Grand View Research, the world's most popular cryptocurrency, Bitcoin , is projected to have a compound annual growth rate (CAGR) of 27% through 2030. Meanwhile, the artificial intelligence (AI) market is expected to have a CAGR of 36% in the same period. While other crypto options might offer more growth, it's hard to justify passing up the reliability of the tech market for the potential volatility that has become commonplace among cryptocurrencies.

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Soundcore-backed ACI acquires asphalt services provider Asphalt Solutions

PE Hub

ACI is a commercial paving platform. The post Soundcore-backed ACI acquires asphalt services provider Asphalt Solutions appeared first on PE Hub.

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3 Great Camping Items You Can Find at the Dollar Tree

The Motley Fool

Image source: Getty Images Camping should be an inexpensive way to see the world, but by the time you buy all the gear you need, you may feel as if you've emptied your checking account. The good news is, you can score some great bargains for your camping needs -- whether you use a tent or an RV -- if you shop at Dollar Tree. Here are three awesome items to check out that you'll want to pick up at a bargain price before you hit the road for your next adventure. 1.

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PAI Partners to buy pet food company Alphia

PE Hub

The seller is J.H. Whitney Capital Partners. The post PAI Partners to buy pet food company Alphia appeared first on PE Hub.

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Married or Divorced? You Could Collect $891 per Month From Social Security.

The Motley Fool

Social Security benefits can go a long way in retirement, especially if your savings are falling short. The median retirement account balance among U.S. adults is only around $27,000, according to Vanguard's "How America Saves 2023" report. Without a robust nest egg, many retirees will find themselves relying heavily on their benefits just to make ends meet.

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Clearhaven-backed Engageware picks up AI tech firm Aivo

PE Hub

Headquartered in Tewksbury, Massachusetts, Engageware is a customer engagement SaaS platform. The post Clearhaven-backed Engageware picks up AI tech firm Aivo appeared first on PE Hub.

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2 Dividend-Paying Tech Stocks to Buy and Hold for 10 Years

The Motley Fool

Which sector is the best to find excellent dividend stocks? That's a tricky question, but the technology sector is usually not the first that comes to investors' minds when considering dividends. However, that doesn't mean it's impossible to find corporations that will appeal to income-seekers among the dozens of technology companies on the market. Here are two that deserve serious consideration for long-term investors: Apple (NASDAQ: AAPL) and eBay (NASDAQ: EBAY). 1.

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Capstreet Promotes Chas Richard to Principal

Private Equity Professional

The Capstreet Group has promoted Chas Richard from vice president to principal. Mr. Richard joined Capstreet as an associate in May 2018 and was promoted to vice president in March 2020. Earlier, beginning in 2016, he was with the investment banking group of Barclays in New York City. Mr. Richard currently serves on the boards… This content is for members only.

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Lyft's Turnaround Has Begun

The Motley Fool

Lyft (NASDAQ: LYFT) has begun turning around its financials as the market commands profitability. In this video, Travis Hoium covers the progress and why there are still challenges for the company. *Stock prices used were end-of-day prices of Aug. 16, 2023. The video was published on Aug. 22, 2023. 10 stocks we like better than Lyft When our analyst team has a stock tip, it can pay to listen.

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