Wed.Jul 12, 2023

article thumbnail

Nvidia Just Invested in This Pharmaceutical Company, Causing Its Stock Price to Skyrocket

The Motley Fool

In this video, I will discuss the recent updates impacting Nvidia (NASDAQ: NVDA) and Recursion Pharmaceuticals (NASDAQ: RXRX). 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 12, 2023. The video was published on July 12, 2023. 10 stocks we like better than Nvidia When our analyst team has a stock tip, it can pay to listen.

Companies 246
article thumbnail

Gemspring scoops up beauty products provider Bradford

PE Hub

Guggenheim Securities, LLC served as financial advisor to Gemspring while McDermott Will & Emery, LLP served as legal advisor. The post Gemspring scoops up beauty products provider Bradford appeared first on PE Hub.

Legal 209
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

2 Unstoppable Stocks That Could Join Apple, Microsoft, Nvidia, Amazon, and Alphabet in the $1 Trillion Club

The Motley Fool

The American economy has produced the world's largest companies for more than a century. But the biggest value creators have come from different industries as society's needs evolved: In 1901, United States Steel became the world's first $1 billion company. By 1955, motor vehicles were revolutionizing the economy, and General Motors became the first $10 billion organization on Earth.

article thumbnail

Pharos Capital-backed Vantage Surgical Solutions acquires Ophthalmic Surgical Solutions

PE Hub

Vantage is a provider of mobilized surgical solutions. The post Pharos Capital-backed Vantage Surgical Solutions acquires Ophthalmic Surgical Solutions appeared first on PE Hub.

Capital 203
article thumbnail

5 Things Costco Business Centers Offer That Regular Stores Don't

The Motley Fool

Image source: Getty Images We talk a lot about how Costco (and other warehouse stores) can be good for your personal finances. What we don't discuss as much is how these stores can also be a boon to your small business's finances. More specifically, did you know that Costco has an entire line of stores dedicated to small business owners? The Costco Business Centers are more than just small Costcos.

Financing 246
article thumbnail

CPP Investments to acquire majority stake in Europe’s Power2X

PE Hub

Power2X develops large-scale new energy assets and infrastructure focusing on decarbonizing industrial value chains and heavy transport. The post CPP Investments to acquire majority stake in Europe’s Power2X appeared first on PE Hub.

Stakes 200

More Trending

article thumbnail

ArcLight’s Marco Gatti: Commercial solar will continue to grow

PE Hub

ArcLight recently agreed to acquire part of Duke Energy’s commercial distributed energy business for $364m. The post ArcLight’s Marco Gatti: Commercial solar will continue to grow appeared first on PE Hub.

188
188
article thumbnail

This 7.5%-Yielding Dividend Stock Reaches a Magnificent Milestone

The Motley Fool

Enterprise Products Partners (NYSE: EPD) reached rarified air this month. The master limited partnership (MLP) increased its quarterly distribution, marking the 25th consecutive year of growth. It's one of only a handful of energy companies to reach the quarter-century milestone. That steady upward trend should continue. Here's why the company hasn't run out of fuel to grow its high-yielding payout.

article thumbnail

Enlightenment Capital invests in software tech and consulting firm Red Alpha

PE Hub

Daniel Ra serves as CEO and chairman of Red Alpha. The post Enlightenment Capital invests in software tech and consulting firm Red Alpha appeared first on PE Hub.

article thumbnail

The Metaverse: Meta Platforms' Next Frontier

The Motley Fool

CEO Mark Zuckerberg's massive bet on the metaverse initially seemed like a terrible idea. Only a year after he announced the company's plan to change its name from Facebook to Meta Platforms (NASDAQ: META) at Connect 2021, the stock plummeted 72% to $88.09. In addition to threats from TikTok to its social media dominance and a terrible economy, investors were heavily concerned about the enormous potential financial losses associated with the metaverse concept.

Stakes 246
article thumbnail

Bonderman family office Wildcat pushes for Consolidated Communications to reject offer; Apollo spearheads $1bn-plus Apogem secondary

PE Hub

Edison Partners exits digital customer education business Northpass. The post Bonderman family office Wildcat pushes for Consolidated Communications to reject offer; Apollo spearheads $1bn-plus Apogem secondary appeared first on PE Hub.

Education 184
article thumbnail

The Nasdaq Just Had Its Best First Half in 40 Years: 2 Remarkable Growth Stocks to Buy Now

The Motley Fool

Investor sentiment has rebounded substantially from its bear-market lows in late 2022, driving all three major U.S. financial indexes higher in the first half of 2023. But the Nasdaq Composite recorded a particularly astonishing return of 31.7%, notching its best first half since 1983. Yet the technology-heavy index remains 15% below its high, and buying opportunities still exist for patient investors.

article thumbnail

Cooper buys two Western Canadian equipment rental companies

PE Hub

Based in Toronto, Cooper is a full-service construction equipment rental provider with 68 locations in six provinces. The post Cooper buys two Western Canadian equipment rental companies appeared first on PE Hub.

Companies 168
article thumbnail

Bank of America to Pay $250 Million in Fines for 'Double Dipping on Fees.' Here's How to Get Your Money Back

The Motley Fool

Image source: Getty Images Bank of America customers may qualify for quick money. The Consumer Financial Protection Bureau (CFPB) has charged the bank with defrauding customers. As of today, Bank of America owes $250 million in total. Of that, $100 million must be distributed to harmed consumers. Are you a Bank of America customer? Find out why your bank is being fined and how you can get compensated for shady banking practices -- a.k.a., get your money back.

Banks 246
article thumbnail

Silversmith appoints Frenette operating partner, talent

PE Hub

In this newly created role, Frenette will work closely with entrepreneurs and leaders across the Silversmith portfolio to identify and recruit senior executives and board members. The post Silversmith appoints Frenette operating partner, talent appeared first on PE Hub.

article thumbnail

A Bull Market Is Coming: 2 Unbelievable Growth Stocks to Buy Right Now

The Motley Fool

Even as many stocks across industries have plunged in and out of bear territory over the past year, the market has proven throughout its history that it can outlast these periods and grow investor returns with time. While no investor can predict with precision when the next full-fledged bull market will take place, great businesses that have continued to deliver promising growth stories can be well-positioned to capitalize on the market's upward trajectory when it happens.

article thumbnail

Prudent Growth Partners buys St. Louis shopping mall Tori Pines Plaza

PE Hub

The purchase price was for $3.9 million. The post Prudent Growth Partners buys St. Louis shopping mall Tori Pines Plaza appeared first on PE Hub.

180
180
article thumbnail

Costco Is Selling a New Snack and Fans Are Loving It

The Motley Fool

Image source: Getty Images If you're a self-proclaimed big-time snacker, then a Costco membership can be both a blessing and a curse. On the positive side, buying snacks at Costco could mean racking up a lower credit card tab in the process compared to doing your snack shopping at a big-box store or a regular supermarket. On the less positive side, if you tend to have trouble with portion control, buying a bag containing 27 servings of potato chips probably isn't the best way to go.

Financing 246
article thumbnail

Wellness brand Hyperice grabs $100m facility from Atlas Credit Partners

PE Hub

The financing will support Hyperice's growth. The post Wellness brand Hyperice grabs $100m facility from Atlas Credit Partners appeared first on PE Hub.

Financing 167
article thumbnail

Is Apple Really Building a Car?

The Motley Fool

Apple (NASDAQ: AAPL) seems to be continuing its car efforts, recently moving them to Arizona. But the data on Apple's autonomous vehicle efforts aren't promising, which Travis Hoium highlights in this video. *Stock prices used were end-of-day prices of July 9, 2023. The video was published on July 10, 2023. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen.

Returns 246
article thumbnail

Cinven eyes True Potential stake sale as soon as next year

Private Equity Insights

Buyout group Cinven is considering selling a stake in wealth manager True Potential as early as next year, two people familiar with the matter said, in what could be one of the largest recent deals in Britain’s investment advisory sector. The plans, which are still in their infancy, could result in another investor such as a pension or sovereign wealth fund taking a minority holding in the company alongside Cinven, said the people, who spoke on condition of anonymity.

Stakes 130
article thumbnail

Here's Why I Don't Trust Home Appraisals -- But Have to Get One Anyway

The Motley Fool

Image source: Getty Images Home appraisals are supposed to tell you the fair market value of your home. A professional appraiser comes to your property to take a look at its features and condition. The appraiser then looks at comparable properties that sold recently, makes adjustments to the cost based on how your home differs from theirs, and then gives you a valuation.

article thumbnail

Kim Kardashian in talks to buy back stake in SKKN by Kim she sold to Coty for $200M in 2020

Private Equity Insights

Kim Kardashian is reportedly in talks with to buy back a minority stake in her beauty products firm SKKN By Kim, 3 years after selling the stake for $200m. Kardashian, 42, is seeking to regain ownership of the 20% stake from fragrance and cosmetics firm Coty, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. A price for the deal hadn’t been determined, and talks could still fall apart, the report said, adding that Kardashian wanted to buy the minority st

Stakes 130
article thumbnail

The Consumer Financial Protection Bureau Wants to Cap Credit Card Late Fees at $8. Here's How Much They Cost Now

The Motley Fool

Image source: Getty Images When using credit cards, it pays to be aware of potential fees. If you miss a payment or pay your credit card bill late , your credit card issuer will charge a late fee to your account. Fees like this add up fast and impact your personal finances. The Consumer Financial Protection Bureau hopes to cap credit card late fees, which could be a win for consumers.

article thumbnail

May River Hits Hard Cap

Private Equity Professional

May River Capital has held a hard cap close of its third fund, May River Capital Fund III LP, with $500 million in limited partner commitments. Chicago-based May River invests from $20 million to $90 million of equity in companies with EBITDA of $3 million to $15 million and enterprise values of $20 million to… This content is for members only.

article thumbnail

2 Super Stocks to Buy That Could Skyrocket in a Bull Market

The Motley Fool

Whether the next full-fledged bull market is far away or on the horizon, it's always a good time to add to your nest egg and build your investment portfolio. The composition of your portfolio will be based on your investing objectives, stock preferences, risk tolerance, and preferred balance of sectors. There's no shortage of great companies begging to be bought -- even in a volatile market.

Banks 246
article thumbnail

Long Ridge Quickly Raises Fund IV

Private Equity Professional

After three months of fundraising, Long Ridge Equity Partners has held a first and final closing of Long Ridge Equity Partners IV LP (Fund IV) with $730 million of capital commitments. Fund IV was significantly oversubscribed and closed at its limited partner hard cap of $650 million with an additional $80 million of commitments from… This content is for members only.

Funds 130
article thumbnail

Where Will Nvidia Be in 5 Years?

The Motley Fool

Nvidia (NASDAQ: NVDA) stock has been an outstanding performer on the market over the past five years, surging 582% and beating the S&P 500 's returns of 58% by a handsome margin. This means Nvidia has turned a $100 investment into nearly $700 as of this writing. But can this high-flying semiconductor stock sustain its impressive momentum over the next five years and deliver more gains to investors?

article thumbnail

Pfingsten Builds Specialty LED Lighting Platform

Private Equity Professional

Advanced Lighting Concepts (DBA Environmental Lights), a portfolio company of Pfingsten Partners, has acquired City Theatrical. Environmental Lights is a designer and provider of commercial accent LED lighting used in retail, entertainment, trade show, hospitality, gaming and architectural applications. The company’s scope of services includes design, planning, specification and installation of LED lighting systems.

article thumbnail

Why Zscaler Stock Is Sinking Today

The Motley Fool

What happened Shares of Zscaler (NASDAQ: ZS) are losing ground in Wednesday's trading on fears that a resource-rich competitor is moving in on its turf. The cybersecurity company's share price was down 6.3% as of 1:15 p.m. ET, according to data from S&P Global Market Intelligence. Microsoft (NASDAQ: MSFT) published a press release yesterday announcing that it will be debuting new capabilities for its Azure cloud service and moving into secure-service-edge (SSE) offerings.

Companies 246
article thumbnail

LFM Launches New Platform with Formation of Weller Metalworks

Private Equity Professional

LFM Capital has formed Weller Metalworks as a metal fabrication and machining platform and has closed its first acquisition with the buy of Muthig Industries. Muthig is an outsourced provider of metal fabrication, precision machining, and metal stamping services to OEMs operating in a range of industries including, among many others, agriculture, appliance, construction, electronics,… This content is for members only.

Capital 130
article thumbnail

What's the Summer Stock Rally? Why Does It Matter to You?

The Motley Fool

Image source: Getty Images In October 2022, the stock market officially fell into a bear market, meaning it was down 20% from its most recent high. The market remained in hibernation for 164 long days. By early June, the market had rebounded by 20%, pushing it back into bull market territory. Days later, the Bureau of Labor Statistics announced that inflation had cooled to 4%, the lowest inflation rate in two years.

article thumbnail

MPE Partners Closes Fund IV at $633m

Private Equity Insights

MPE Partners (“MPE” or “Morgenthaler Private Equity”), a lower middle market private equity firm based in Cleveland, OH and Boston, MA, is pleased to announce that the firm closed its oversubscribed fourth fund, MPE Partners IV, L.P. at the hard cap of $633m, inclusive of the general partner capital commitment. The firm officially launched fundraising on February 28, 2023, and did not use a placement agent.

article thumbnail

Why Shares of Recursion Pharmaceuticals Are Skyrocketing Wednesday

The Motley Fool

What happened Shares of Recursion Pharmaceuticals (NASDAQ: RXRX) were up more than 61% as of 11:30 a.m. on Wednesday. The clinical-stage biotech company announced that technology company Nvidia had made a $50 million investment in Recursion. So what Recursion is a drug discovery company that uses uses artificial intelligence (AI) to find therapies, using one of most powerful supercomputers in the world.

Companies 246