Fri.Nov 08, 2024

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CEO Jensen Huang Just Delivered Fantastic News for Nvidia Investors

The Motley Fool

As the market eagerly awaits earnings from artificial intelligence (AI) powerhouse Nvidia (NASDAQ: NVDA) , investors will be happy to hear that the company's CEO, Jensen Huang, has announced a new partnership with Lenovo that will accelerate sales in a key area: enterprise. A critical piece of the pie The lion's share of Nvidia's revenue is derived from companies like Microsoft , Meta Platforms , and Amazon.

Investors 246
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Aterian Carves Label Maker from Heartwood’s M&Q

Private Equity Professional

Aterian Investment Partners has acquired Outlook Group , a provider of pressure-sensitive labels and packaging, from M&Q Holdings , a portfolio company of Heartwood Partners. Outlook Group offers design, printing, and converting services for pressure-sensitive labels, flexible packaging, and folding cartons. The company serves various sectors, including food and beverages, consumer goods, health and beauty, medical devices, coffee, and pet products.

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Why Palantir Stock Popped 35% This Week

The Motley Fool

Shares of Palantir Technologies (NYSE: PLTR) , an artificial intelligence (AI) data analytics company, jumped this week after the company reported better-than-expected third-quarter results and issued guidance that impressed investors. Palantir's stock was up 35% this week, as of this writing, pushing the company's stock up more than 200% over the past 12 months.

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SK Forms Axillon Aerospace, Carves Unit from Parker Hannifan

Private Equity Professional

SK Capital has completed its carve-out acquisition of the North America composites and fuel containment division of Parker Hannifin (CFC Division) for $560 million. With this transaction finalized, the acquired business now operates as Axillon Aerospace. Axillon Aerospace is now an independent provider of carbon fiber composites and fuel solutions for the aerospace sector, manufacturing advanced materials such as fiber-reinforced polymer composites, specialty polymers, and ceramics.

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Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

The Motley Fool

Cathie Wood's aggressive investing style has started to bounce back into favor. She's not going to stand still. The co-founder, CEO, and ace stock picker for Ark Invest keeps making moves for the exchange-traded funds she helps manage. She was busier than usual on Thursday with her daily transaction summary. The fund manager increased her existing stakes in Amazon (NASDAQ: AMZN) , MercadoLibre (NASDAQ: MELI) , and CRISPR Technologies (NASDAQ: CRSP) on Thursday.

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Carlyle shares surge as Q3 earnings exceed expectations

Private Equity Wire

Shares of private equity giant Carlyle Group surged by 9.7% on Thursday after the firm posted steady third-quarter profits that surpassed Wall Street expectations, with increased fee income balancing out higher compensation expenses, according to a report by Bloomberg. The company’s stock price hit $54.23, giving a valuation of around $19.3bn, after Carlyle reported distributable earnings, or the profit available for shareholders, of $367 million, or 95 cents per share – almost matching la

Assets 97

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Gridiron Buys Medical Education and Information Provider

Private Equity Professional

Gridiron Capital has acquired Health Monitor Network , a provider of point-of-care and out-of-clinic medical education for patients and healthcare professionals, from WestView Capital Partners. Health Monitor offers a range of educational products and services, including digital waiting room screens that display educational videos and condition-specific content, as well as exam room posters and brochures that provide health information and treatment options.

Education 130
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Warren Buffett Just Sent a $325 Billion Warning to Stock Investors

The Motley Fool

Warren Buffett is one of the most well-respected portfolio managers in the world, and there's good reason for that. His track record speaks for itself. After taking control of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) in 1965, he grew the value of shareholders' stakes by an average compound annual rate of 19.8% through 2023. By comparison, the S&P 500 produced a total compound annual return of 10.2% in that period.

Investors 246
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How to Trade Australian dollar

FinSMEs

AUD/USD is one of the most popular currency pairs traded today. It belongs to the Majors group. It is the fifth most traded currency pair in the world. The Australian economy is performing well. There are many factors that influence the AUD/USD pair. However, one of the major influences is the trade relations between Australia and the […] The post How to Trade Australian dollar appeared first on FinSMEs.

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Make Money While You Sleep: The Simple Path to $1,000 in Annual Passive Income

The Motley Fool

Image source: Getty Images Everyone talks about passive income -- how to earn it, how to maximize it, and so on. But the truth is, if you have never generated passive income before, it can seem a bit daunting, bewildering, even overwhelming. This is especially true if you may be looking to generate significant passive capital that you might like to then more actively invest.

Taxes 246
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Verizon-Frontier deal goes to the wire as investors demand higher price

Financial Times M&A

Telecoms group offered rich premium in $20bn deal but some shareholders may hold out for more

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Thinking of Saving for Retirement in a Roth IRA in 2025? Here's How to Know if You're Eligible -- and What to Do if You're Not

The Motley Fool

It's important to save for retirement during your working years so you're not just reliant on Social Security once your career comes to an end. And you have several options for building up your nest egg. One is to fund a traditional IRA, which gives you an immediate tax break on your contributions. You could also fund a Roth IRA, which doesn't come with an up-front tax break but offers perks galore.

Taxes 246
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Astorg teams with founders and management to invest in data management specialist Redslim

Private Equity Wire

Pan-European private equity firm Astorg is to acquire a majority stake in data management specialist Redslim from Founders Eric Bensimon, Alberto Alcaniz, Soren Altmann, and Patric Mezei, who will re-invest significantly in the business. Leveraging a proprietary technology platform, Redslim focuses on servicing clients in the Consumer-Packaged Goods (CPG) and Consumer Healthcare (CHC) segments including Mars, Danone, L’Oréal, and Kenvue.

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Is Meta Platforms a Top Artificial Intelligence (AI) Stock to Buy Now?

The Motley Fool

Meta Platforms (NASDAQ: META) is probably one of the most misunderstood companies out there. It is consistently judged by what it does with 5% of its business rather than how the other 95% is performing. This misunderstanding was on full display after Meta reported fantastic Q3 earnings, only for the stock to drop right after the report. Because Meta Platforms is heavily investing in the artificial intelligence (AI) space, some investors are panicking.

Stakes 246
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Nuveen Private Capital appoints Head of Private Equity Business Development in Europe

Private Equity Wire

Churchill Asset Management and Arcmont Asset Management, the US and European asset management companies of Nuveen Private Capital (NPC), have appointed Katherine Elmore-Jones as a Partner and Head of Private Equity Business Development in Europe. Elmore-Jones will be based in Arcmont’s London office and report to Chris Freeze and David Burnside, Co-Heads of NPC Business Development.

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With Nvidia Kicking Intel Out of the Dow Jones, Will Meta Platforms or Alphabet Eventually Replace Walt Disney Stock?

The Motley Fool

The Dow Jones Industrial Average (DJINDICES: ^DJI) is undergoing its third major shakeup in the last five years. In 2020, Honeywell International , Salesforce , and Amgen replaced RTX (formerly Raytheon Technologies), ExxonMobil , and Pfizer. Earlier this year, Amazon replaced Walgreens Boots Alliance. And on Friday, Nov. 8, Nvidia will replace Intel and Sherwin-Williams will take the slot occupied by chemical giant Dow.

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More than half of LPs now using AI in investment decision making

AltAssets

More than half of LPs committing to alternative assets are using AI technology to predict market trends and investment results, new data from alts-focused software provider Dynamo Software suggests. The post More than half of LPs now using AI in investment decision making appeared first on AltAssets Private Equity News.

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Do You Qualify for Spousal Social Security Benefits? 3 Things to Know Before Applying.

The Motley Fool

Generally, to qualify for Social Security benefits in retirement, you need to work and help fund the program via the payroll taxes that are imposed on your earnings. But it's possible to collect Social Security as a retiree without working a day in your life. If you're eligible for spousal benefits, you can collect Social Security based on your life-partner's record.

Taxes 246
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Ursa Space Systems Receives $10M Venture Loan from Horizon Technology Finance Corporation

FinSMEs

Ursa Space Systems Inc., an Ithaca, NY-based company providing access to multi-modal satellite data and on-demand analytic solutions, received a $10M venture loan from Horizon Technology Corporation. The company will use the loan proceeds for general growth and working capital purposes. Led by CEO Adam Maher, Ursa Space Systems Ursa Space is a satellite intelligence […] The post Ursa Space Systems Receives $10M Venture Loan from Horizon Technology Finance Corporation appeared first on FinS

Financing 105
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2 Biotech Stocks You Can Buy Hand Over Fist This Month

The Motley Fool

Among the qualities a biotech company needs to be successful, being innovative is one of the most important. It's easy to understand why. Although drugs and vaccines benefit from patent protection for some time, this will eventually run out, at which point the invention enters the public domain, inviting the challenge of cheaper generics and biosimilars.

Prospects 245
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Dutch VC 4impact eyes digital, sustainability dealmaking with €68m Fund II

AltAssets

Dutch venture capital investor 4impact Capital has closed its second fund on €68m to target digital and sustainability ventures in north-western Europe. The post Dutch VC 4impact eyes digital, sustainability dealmaking with €68m Fund II appeared first on AltAssets Private Equity News.

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Investing $2,000 in Each of These 3 Growth Stocks 20 Years Ago Would Have Made You $3.8 Million

The Motley Fool

Investing in growth stocks can lead to huge returns in the long run. The problem is that it can be difficult to predict which ones will become the real deal and which ones will fail miserably. That's why rather than investing a large sum into one stock, you may be better off spreading that amount across multiple investments. Even if you get most of your stock picks wrong, hitting a home run with one growth stock can more than make up for those losses.

Investing 245
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Iberian buyout house Artá Capital scores €400m for Fund III final close

AltAssets

Artá Capital, a private equity firm focused on medium-sized Spanish and Portuguese buyouts, has hit a €400m final close for its third fund. The post Iberian buyout house Artá Capital scores €400m for Fund III final close appeared first on AltAssets Private Equity News.

Buyout 90
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Big Tech Capex Spending Is Set to Soar Once Again in 2025: 1 Top Stock to Buy Before That Happens

The Motley Fool

Major technology companies have ramped up their capital spending significantly since 2023. They have been spending big-time on putting artificial intelligence (AI) infrastructure in place in a bid to make the most of this fast-growing technology. According to Bloomberg Intelligence, Amazon , Microsoft , Alphabet , Meta Platforms , Apple , and Oracle spent a total of $110.2 billion in capital expenditures (capex) last year, up from $104.2 billion in 2022.

Banks 245
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Blackstone makes changes in tactical opportunities management team

Private Equity Wire

Blackstone has promoted Chris James, a founding member and Chief Operating Officer of its tactical opportunities platform, to Global Head of Tactical Opportunities as part of a broader leadership reshuffle, according to a report by Alternative Credit Investor. James will replace David Blitzer, who will transition to chairman of the business at the end of the year.

Assets 76
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41 States That Don't Tax Social Security Benefits

The Motley Fool

Living on Social Security benefits alone is not easy. The average monthly benefit check in September was roughly $1,921 for retired workers, or $23,052 annually, and studies show that benefits have lost purchasing power since the turn of the century. Like wages throughout your career, Social Security benefits could be taxed depending on your total income and what state you live in.

Taxes 245
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Northwestern Mutual PE arm beats target with $470m co-invest fundraise

AltAssets

The PE arm of life insurance and financial planning major Northwestern Mutual has raised more than $470m for its latest direct co-investment fund, above its $400m target. The post Northwestern Mutual PE arm beats target with $470m co-invest fundraise appeared first on AltAssets Private Equity News.

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Meet the 3 Supercharged Growth Stocks That Will Be Worth $4 Trillion by 2025, According to a Certain Wall Street Analyst

The Motley Fool

Advancements in technology over the past several years have had a distinct impact on the value of some of the tech's most recognizable companies. As the adoption of artificial intelligence (AI) continues to ramp up, so too do the market caps of the main beneficiaries of the technology. A look at the list of the world's most valuable companies is revealing, as the top five -- and eight of the top 10 -- are inexorably linked to generative AI.

Companies 245
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Edtech, workplace learning VC specialist Emerge triples debut fund size with $73m Fund II final close

AltAssets

Pre-seed edtech and workplace learning investor Emerge has raised $73m for the final close of its oversubscribed second fund. The post Edtech, workplace learning VC specialist Emerge triples debut fund size with $73m Fund II final close appeared first on AltAssets Private Equity News.

Funds 72
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4 Reasons to Open a New Credit Card Before Black Friday

The Motley Fool

Image source: Getty Images We're a few weeks away from the official start to the holiday season, and if you're like a lot of people, you might not even think about buying gifts until then. But preparing in advance of Black Friday can help you find the best deals. Planning how you'll pay for your purchases can also help you reduce your costs. You might already have a top-rated rewards credit card in your wallet.

Debt 244
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Advent and Apollo among potential suitors for Reckitt’s £6bn homecare division

Private Equity Wire

Private equity firms Advent International and Apollo Global are reportedly exploring bids to acquire Reckitt’s homecare division, which includes well-known brands including Air Wick air fresheners and Cillit Bang cleaning products according to a report by Bloomberg News. UK-based Reckitt announced in July that it plans to divest its portfolio by the end of 2025, and, according to unnamed sources, is working with Morgan Stanley to manage the sale, with hopes of achieving a valuation exceedi

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3 Sneaky Tricks Credit Card Issuers Use

The Motley Fool

Image source: Getty Images Credit cards can be a double-edged sword. They offer convenience, consumer protections, and built-in benefits, and some of the best credit cards pay cash back and other fun rewards. But just like with any financial product, you need to be a well-informed consumer before you open a credit card account. Credit card companies make money by getting people to spend money with their cards.

Debt 244
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BigTime Software Acquires WorkRails

FinSMEs

BigTime Software, a Chicago, IL-based provider of time tracking, project management, resource management, invoicing, and payment solutions for professional services businesses, acquired WorkRails, a Huntington, NY-based company providing a configure, price, quote (CPQ) and workflow automation platform built specifically for professional services organizations.

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A New Era Begins Today for the Iconic Dow Jones Industrial Average

The Motley Fool

For well over a century, the Dow Jones Industrial Average (DJINDICES: ^DJI) has served as a barometer that gauges the health of the U.S. stock market. When the Dow Jones was officially incepted on May 26, 1896, it was comprised of a dozen companies, most of which were tied to the industrial sector. Today, it contains an assortment of 30 historically profitable, time-tested, industry-leading businesses.