Tue.Aug 15, 2023

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Elon Musk Thinks Tesla Made a Huge AI Breakthrough. Is the High-Flying Stock a Buy on the Dip?

The Motley Fool

Many investors see Tesla (NASDAQ: TSLA) as an electric vehicle (EV) stock. And it is. However, there's more to the story. Ark Invest CEO Cathie Wood thinks that "Tesla is the biggest AI [artificial intelligence] play out there." Based on a recent statement by Tesla CEO Elon Musk, she might be right. Musk recently claimed that Tesla made a huge AI breakthrough.

Investors 246
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Tritium Partners-backed Inbenta closes acquisition of Horizn

PE Hub

Horizn is a Toronto-based provider of easy-to-embed interactive product demos for financial institutions. The post Tritium Partners-backed Inbenta closes acquisition of Horizn appeared first on PE Hub.

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Nikola Says It Has Enough Cash to Last Into 2024

The Motley Fool

Fool.com contributor Parkev Tatevosian evaluates Nikola 's (NASDAQ: NKLA) claims that it could survive well into 2024 before raising additional capital. *Stock prices used were the afternoon prices of Aug. 11, 2023. The video was published on Aug. 13, 2023. 10 stocks we like better than Nikola When our analyst team has a stock tip, it can pay to listen.

Capital 246
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Comvest Partners backs Apotheco Pharmacy Group

PE Hub

Founded in 2013, Apotheco provides specialized dermatological care solutions to medical providers and patients. The post Comvest Partners backs Apotheco Pharmacy Group appeared first on PE Hub.

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Why Discover Financial Services Stock Got Thrashed on Tuesday

The Motley Fool

What happened Change can be hard for investors, and it can be particularly difficult when it occurs at the very top of the management structure of one of their investments. That was the dynamic behind the more than 9% fall in Discover Financial Services ' (NYSE: DFS) share price on Tuesday, as its CEO stepped down from his position. So what After market hours on Monday, Discover announced that CEO and board of directors member Roger Hochschild is vacating those posts.

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KKR eyes consolidating test and measurement sector with Industrial Physics

PE Hub

'We can acquire companies that may be small, but they are still going to be a market leader in the specific niche application that they serve,' said KKR's Brandon Brahm. The post KKR eyes consolidating test and measurement sector with Industrial Physics appeared first on PE Hub.

Companies 189

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Road safety firm Safety Marking picks up funding from Highview Capital

PE Hub

Mark Kelly, founder and operator of Safety Marking, will retain a significant stake in the business and continue to serve as president. The post Road safety firm Safety Marking picks up funding from Highview Capital appeared first on PE Hub.

Capital 189
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This Wall Street Strategist Predicted Apple's Ascent to $3 Trillion -- Now He Says 2 Artificial Intelligence (AI) Growth Stocks Will Win the Robotaxi Race

The Motley Fool

Wall Street strategist Gene Munster first recommended Apple (NASDAQ: AAPL) stock in June 2004, when it traded at a split-adjusted $0.50 per share. Investors who took that advice have made a lot of money. The stock has since returned 41,710%, meaning an initial investment of $2,500 would be worth $1 million today. But there is a more interesting story here: After first recommending Apple, Munster made a number of prescient predictions.

Companies 246
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Mexican digital bank Klar inks $100m credit facility from VPC

PE Hub

The financing will be used for growth and expansion. The post Mexican digital bank Klar inks $100m credit facility from VPC appeared first on PE Hub.

Banks 209
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Just Started Investing? Here's One Solid Stock to Buy With $2,000

The Motley Fool

For a long time, people have used stock investing to grow their money to prepare for major expenses such as retirement or sending their children to college. While buying a stock online is now as easy as placing an order for lunch on Uber Eats, buying the right stock is much trickier. Still, done correctly, a small investment of say $2000 can grow into a huge sum over a period of time.

Investing 246
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Gallant Capital plans IT services platform via merger; Osceola fuels add-on craze with quartet

PE Hub

Osceola Capital acquires four-add-ons for its sales and marketing platform Forward Solutions. The post Gallant Capital plans IT services platform via merger; Osceola fuels add-on craze with quartet appeared first on PE Hub.

Capital 184
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2 Growth Stocks to Buy in August

The Motley Fool

Earnings season is here, with countless stocks on the move. Companies are reporting their performance over the past three months, with many continuing to feel the effects of last year's economic downturn. However, poor market conditions won't last forever. Inflation has eased every month for the past year, rising just 0.2% from May to June. And the improvement is starting to be reflected in the earnings of e-commerce sales.

Companies 246
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ACP invests in security services firm Global Guardian

PE Hub

Global Guardian was advised on the transaction by Piper Sandler and Skadden, while ACP was advised by Calfee, Halter & Griswold LLP. The post ACP invests in security services firm Global Guardian appeared first on PE Hub.

Investing 183
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Why Rumble Stock Is Sinking Today

The Motley Fool

What happened Rumble (NASDAQ: RUM) stock is falling Tuesday following the release of the company's second-quarter results. The streaming specialist's share price was down 11.9% as of 10:45 a.m. ET, according to data from S&P Global Market Intelligence. Rumble released its Q2 results after the market closed yesterday, posting sales that beat expectations but earnings that failed to meet the market's target.

Companies 246
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DRI to acquire second royalty interest in Orserdu drug sales

PE Hub

DRI entered into a purchase agreement with an affiliate of Radius Health, a Boston-based biopharmaceutical company focused on bone health, for an upfront purchase price of $130 million. The post DRI to acquire second royalty interest in Orserdu drug sales appeared first on PE Hub.

Companies 179
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2 Growth Stocks That Could Turn $100,000 Into $1 Million

The Motley Fool

Every investor wants to own multibagging stocks, but it's not always so easy to find them. You need a stock that has a lot of high revenue growth, is trading at a reasonable valuation, and has a large addressable market to penetrate. And if you want to own $1 million worth of a stock, it helps to start with a significant sum like $100,000. Let's take a look at two stocks that could 10x over the long run and turn $100,000 into $1 million.

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White Wolf-backed CEIS snaps up power plant consultant IEM

PE Hub

CEIS is a provider of services to the critical energy infrastructure sector. The post White Wolf-backed CEIS snaps up power plant consultant IEM appeared first on PE Hub.

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This Company Is Quickly Becoming a Leader in AI -- and Its Not Nvidia, Alphabet, or Microsoft

The Motley Fool

When it comes to artificial intelligence (AI), companies such as Alphabet , Microsoft , and Nvidia seem to have become analogous to the buzzword. While it may appear that big tech has a stronghold on advancements in AI, one under-the-radar company looks to be emerging quickly as a leader in the space. Palantir Technologies (NYSE: PLTR) is a big-data analytics company, perhaps best-known for its work with the U.S.

Companies 246
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Medical staffing agency Hardenbergh Group secures investment from BV

PE Hub

Silvermark Partners LLC served as financial advisor to Hardenbergh Group on the deal. The post Medical staffing agency Hardenbergh Group secures investment from BV appeared first on PE Hub.

Investing 172
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Is Nvidia Stock a Buy Now?

The Motley Fool

Nvidia (NASDAQ: NVDA) stock has rallied hard in 2023 on the back of a turnaround in the company's fortunes. It's up 180% so far, driven mainly by the huge demand for its graphics cards, which are being used for training artificial intelligence (AI) models. At one point this year share prices of Nvidia had more than tripled in value, but they are in pullback mode of late.

Prospects 246
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Bain Capital to scoop up Brazilian restaurant brand Fogo from Rhône Capital

PE Hub

The transaction is expected to close in September. The post Bain Capital to scoop up Brazilian restaurant brand Fogo from Rhône Capital appeared first on PE Hub.

Capital 180
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Why AST SpaceMobile Stock Just Popped 5.5 Percent

The Motley Fool

What happened Shares of cellphone-to-cellphone-via-satellite company AST SpaceMobile (NASDAQ: ASTS) popped 5.5% through 10 a.m. ET on Tuesday morning despite the company reporting disappointing earnings results for its fiscal second quarter 2023. Analysts had forecast the company, which is building a satellite constellation to permit ordinary, store-bought cellphones to call each other around the globe without the need for cell towers, would lose $0.19 per share on zero revenue this past quarter

Prospects 246
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Railroad equipment supplier RELAM grabs loan from Platinum Equity

PE Hub

The financing will be used to refinance existing indebtedness and support future growth of the business. The post Railroad equipment supplier RELAM grabs loan from Platinum Equity appeared first on PE Hub.

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??Want Decades of Passive Income? 3 Stocks to Buy Now

The Motley Fool

Investors looking for reliable income stocks will likely find attractive high-yield candidates in the energy sector. Don't pass these ideas by, thinking carbon fuels are a dead end. The world will need oil and natural gas for decades to come. The question to ask of the energy stocks you look at is: What will they do between today and the cleaner tomorrow?

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Capstreet-backed TradePending buys automotive video marketing platform Snapcell

PE Hub

TradePending is a sales enablement and consumer experience software platform for car dealerships. The post Capstreet-backed TradePending buys automotive video marketing platform Snapcell appeared first on PE Hub.

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2 Unstoppable AI Stocks Down 80% and 91% to Buy Hand Over Fist

The Motley Fool

Artificial intelligence (AI) has helped push Nvidia , Microsoft , and a handful of other tech stocks to new valuation highs this year. But not every company with opportunities in the space is trading near record prices -- and some actually remain in beaten-down territory. If you're looking for deeply discounted companies with significant growth opportunities in the AI space, read on to see why two Motley Fool contributors identified these stocks as top buys.

Capital 246
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Osceola Capital-backed Forward Solutions acquires four services firms

PE Hub

Forward Solutions is a provider of outsourced sales and marketing services. The post Osceola Capital-backed Forward Solutions acquires four services firms appeared first on PE Hub.

Capital 159
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History Says the Dow Jones Is Headed Higher: 2 Blue Chip Stocks to Buy Now and Hold for Years

The Motley Fool

The Dow Jones Industrial Average closed higher for 13 consecutive days in July amid signs of economic resilience. That winning streak hints at more gains in the remaining months of the year. In the past four decades, the blue-chip index has traded higher for at least 10 consecutive days only five other times, and it returned an average of 16.8% during the years in which those win streaks took place.

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Carlyle sells Gabon oil firm to France’s Maurel & Prom for $730m

Private Equity Insights

Private equity fund Carlyle Group has agreed to sell its Gabon-focused oil and gas company Assala Energy to French producer Maurel & Prom for $730m, the companies said on Tuesday. Carlyle International Energy Partners (CIEP), the fund’s non-U.S. energy arm, first invested in Assala in 2017 when it acquired Shell’s ageing operations in Gabon for $628 million.

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Prediction: These Could Be the Best Growth Stocks in 2030

The Motley Fool

It's easy to screen for this year's biggest winners. A lot of stocks have doubled -- and a couple have even tripled -- in 2023. Picking the winners for next year is the real assignment. Why stop at 2024? Let's go out seven years to pick out the names that could be the top growth stocks of 2030. Some of the best growth stocks come 2030 might not even be trading publicly yet.

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Kainos Builds Team

Private Equity Professional

Kainos Capital has announced that Catherine Anne Prideaux has returned to the firm as a vice president. Earlier this year Kainos closed its $1 billion third fund and Ms. Prideaux’s hiring follows several other recent staff additions. Ms. Prideaux first joined Kainos in 2018 and served as an associate and senior associate before leaving the… This content is for members only.

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Block's Stock Is Valued Near Its All-Time Low. Is It Time to Buy?

The Motley Fool

Of all the trends in the stock market, fintech may be the most unloved right now. Two fintech darlings, Block (NYSE: SQ) (formerly known as Square) and PayPal , have had horrendous years, even if their businesses are doing alright. Because the market isn't in touch with how these companies are doing, the fintech space looks like an attractive area to invest in.

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Broadtree Sells CanSource to TricorBraun

Private Equity Professional

Broadtree Partners has sold CanSource, a provider of packaging to the alcoholic and non-alcoholic beverage sector, to TricorBraun, a portfolio company of Ares Management and Ontario Teachers’ Pension Plan Board. Broadtree acquired CanSource in December 2019. CanSource’s products include sleeved, brite, and printed cans for beer, wine, spirits, energy, coffee, kombucha and other non-alcoholic beverages… This content is for members only.

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Here Are All The Ways Your Credit Card Info Can Get Stolen

The Motley Fool

Image source: Getty Images Last year, credit card fraud topped the list of types of reported identity theft, according to the Federal Trade Commission (FTC). There were nearly 442,000 reports from people who said their information was misused with an existing credit card or when they applied for a new one, up 13% from the previous year. And that fraud adds up to a lot of money being spent.