Fri.Jul 14, 2023

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Microsoft's Next $2 Trillion Opportunity Is Hiding in Plain Sight

The Motley Fool

When investors think of Microsoft (NASDAQ: MSFT) these days, several high-profile topics likely spring immediately to mind. The tech giant helped kick off the recent artificial intelligence (AI) gold rush. The company revealed it had made a $13 billion investment in OpenAI, the creator of the next-generation chatbot ChatGPT, and is integrating generative AI into its Bing search engine.

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RTC Partners-backed Verdantas scoops up Clemson Engineering Hydraulics

PE Hub

Verdantas is a provider of sustainable infrastructure engineering, planning and environmental science services. The post RTC Partners-backed Verdantas scoops up Clemson Engineering Hydraulics appeared first on PE Hub.

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Intel Gives Up on Making PCs

The Motley Fool

Intel 's (NASDAQ: INTC) turnaround under CEO Pat Gelsinger has two core components: one, regain manufacturing leadership by investing heavily in new process nodes and facilities while building out a world-class foundry business, and two, dramatically slash costs. Intel has taken a variety of steps to bring costs down: It has temporarily cut wages. It's working on separating its manufacturing arm into its own business unit, which has the potential to save billions in annual costs by eliminating b

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Corus to sell Toon Boom Animation to TPG platform for C$147.5m

PE Hub

Based in Montreal, Toon Boom provides software for animation, storyboarding and pipeline management. The post Corus to sell Toon Boom Animation to TPG platform for C$147.5m appeared first on PE Hub.

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3 Tremendous Stocks That Could Soar in a Bull Market

The Motley Fool

There's never a bad time to own a quality long-term stock, but there's also no denying that some stocks perform better in certain environments. Whereas defensive names like Kroger or Procter & Gamble often thrive on bearishness, other tickers do notably well in bull markets. With that as the backdrop, here's a deeper dive into three tremendous stocks that could soar in a bull market -- presuming that bullishness is built on economic strength. 1.

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5 PE backed food focused deals; plus a healthy demand for renewable energy on commercial properties

PE Hub

Private equity bets on the food services sector. The post 5 PE backed food focused deals; plus a healthy demand for renewable energy on commercial properties appeared first on PE Hub.

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Wind Point-backed Vertex acquires consulting firm Breakwater Forensics

PE Hub

Vertex provides forensics, engineering, construction project advisory, and environmental consulting. The post Wind Point-backed Vertex acquires consulting firm Breakwater Forensics appeared first on PE Hub.

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The Best (and Worst) Age to Take Social Security Benefits

The Motley Fool

Retirement is becoming more expensive by the year, and millions of seniors depend heavily on Social Security to help make ends meet. One of the most important retirement decisions you'll face is, what's the best age for you to start taking benefits? You can file for Social Security as early as age 62 or delay until age 70, but your choice will have an enormous impact on your monthly benefit amount.

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Prudent Growth Partners buys North Carolina shopping mall Shoppes at Hickory

PE Hub

The purchase price is $3.4 million. The post Prudent Growth Partners buys North Carolina shopping mall Shoppes at Hickory appeared first on PE Hub.

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Why Fisker Stock Skidded to a 7% Loss Today

The Motley Fool

What happened Electric vehicle (EV) maker Fisker (NYSE: FSR) short-circuited on the market Friday. The company's share price fell by more than 7% on the back of some dispiriting news about financing. That decline was far steeper than the 0.1% fall of the S&P 500 index on the day. So what In a regulatory filing, Fisker disclosed that it has effectively ended an at-the-market (ATM) issue of its common stock.

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Alpine Investors closes oversubscribed ninth fund at $4.5bn hard cap

Private Equity Insights

Alpine Investors, a Certified B Corp private equity firm focused on investments in software and services companies, has completed fundraising for Alpine Investors IX (Fund IX) at the fund’s hard cap of $4.5bn in limited partner capital commitments. Fund IX, which had an initial fundraising target of $3.75bn, was oversubscribed. The new fund is double the size of Alpine’s previous vehicle, Alpine Investors VIII, which was also oversubscribed and closed at its hard cap of $2.25bn of limited partne

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FDA Approves Over-the-Counter Birth Control Pill. Is the Pill Maker's Stock Set to Soar?

The Motley Fool

Fifty years. That's how long it's been since the U.S. Food and Drug Administration (FDA) first approved Opill, a daily oral contraceptive. The birth control pill is manufactured by Perrigo 's (NYSE: PRGO) France-based HRA Pharma unit. On Thursday, the FDA added another huge approval for Opill. It became the first oral contraceptive to receive a green light from the agency to be prescribed over the counter (OTC).

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The Riverside Company Closes Value Fund I, at $350M

Private Equity Insights

The Riverside Company, a global private investment firm focused on the smaller end of the middle market, closed its Riverside Value Fund I, at $350m. This represents the 34th fund raised in Riverside’s history. The Riverside Value Fund generally invests in businesses undergoing operational transformation or facing complex situations or unique challenges.

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Why Nikola Stock Was Highly Volatile Today

The Motley Fool

What happened Shares of Nikola (NASDAQ: NKLA) saw huge gains early in Friday's trading thanks to a new deal, but then, nearly all of that surge evaporated. While the electric vehicle company's stock was at one point up by as much as 32.9%, according to data from S&P Global Market Intelligence , it closed out the session up by just 1.4%. Nikola published a press release on Thursday announcing that would be selling up to 50 of its Nikola Class 8 hydrogen fuel-cell electric vehicles to BayoTech

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Cordillera Raises $443m to Back Niche Alternative Investments

Private Equity Insights

Cordillera Investment Partners has raised a $443m fund to invest in what the firm is betting are less crowded corners of the alternative investing market. Cordillera Investment Fund III targets direct investments in what the investment manager calls “alternative alternatives”—assets whose returns are uncorrelated with that of the wider economy and that the firm believes have yet to be brought down by inflows of institutional capital, according to a statement seen by The Wall Street Journal.

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Want $500 in Super Safe Annual Dividend Income? Invest $5,750 Into the Following 3 Ultra-High-Yield Stocks

The Motley Fool

Historically speaking, one of the smartest wealth-building strategies on Wall Street is to trust in dividend stocks. Companies that offer a regular payout to their shareholders are usually profitable on a recurring basis and time-tested. Even more important, income stocks have demonstrated their ability to outperform over long stretches. Roughly 10 years ago, J.P.

Investing 246
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North Branch closes sophomore fund at $213m

Private Equity Insights

North Branch Capital has raised $213m for its second fund, beating its $200m target. Fund II’s limited partners include insurance companies, fund-of-funds, family offices, charitable foundations, university endowments, and high-net worth individuals. North Branch targets lower middle market industrial businesses. Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up “We are humbled by our existing limited partners’ continued support and are gr

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Why Canoo Stock Rocketed Higher Friday

The Motley Fool

What happened Shares of Canoo (NASDAQ: GOEV) were rising like a rocket Friday morning, and investors might have NASA to thank for it. The stock soared as much as 30% and was still higher by 23.1% as of 10:53 a.m. ET today. So what The sharp move comes after the company announced it has delivered three new Crew Transportation Vehicles (CTVs) to NASA's Kennedy Space Center.

Investors 246
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Welsh, Carson, Anderson & Stowe Raises Over $5bn in Its Largest Private Equity Fund to Date

Private Equity Insights

Welsh, Carson, Anderson & Stowe, a leading private equity firm focused exclusively on the healthcare and technology industries, announced that it has completed fundraising for WCAS XIV, L.P. The Fund closed at over $5bn of total capital, above both its target and the Firm’s prior fund, WCAS XIII, L.P., which closed at $4bn. The Firm said that WCAS XIV received strong support from new and long-time WCAS investors with a Limited Partner re-up rate of approximately 95% and the four larges

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3 Unstoppable Growth Stocks to Buy If There's a Market Sell-Off

The Motley Fool

Macroeconomic headwinds caused a stock market sell-off last year, effectively putting shares of some valuable companies on sale. The market downturn presented countless investment opportunities while also highlighting the resilience of some companies' businesses. As a result, it's not a bad idea to become familiar with some of the best growth stocks, so you're ready to load up in the event of another sell-off.

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Olympus-backed MEI Rigging & Crating acquires Pro-Pac and J&J Machinery Transport

PE Hub

MEI Rigging & Crating is a provider of rigging, machinery moving, millwrighting, mechanical installation, industrial storage, crating and export packing services. The post Olympus-backed MEI Rigging & Crating acquires Pro-Pac and J&J Machinery Transport appeared first on PE Hub.

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2 Stocks That Turned $10,000 Into $5 Million (or More)

The Motley Fool

The current generation of investors might associate massive gains with tech stocks. Indeed, such stocks have changed how people do specific activities, and investors tend to respond well to such transformations. However, such changes also occur outside of tech, and this has not precluded the success of a few consumer stocks, which have also earned massive gains.

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She Used $10,000 in Savings to Turn Her Side Hustle Into an 8-Figure Brand You've Probably Seen

Entrepreneur - VC

Janessa Leone always aspired to be a fashion founder, but her road to owning an internationally recognized brand beloved by A-list celebrities was a winding, "quite kismet" one.

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Why PayPal Stock Fell 6% in the First Half of the Year

The Motley Fool

What happened Shares of PayPal (NASDAQ: PYPL) continued to struggle in the first half of 2023, missing out on the rally in tech stocks as investors worried that it was losing market share to Apple and that growth in its core business was slowing. Additionally, CEO Dan Schulman said he would step down at the end of the year and the company has yet to name a replacement.

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This 'Star Wars' Ornament Is the Most Ridiculous (and Amazing) Thing We've Seen: 'Take My Wallet'

Entrepreneur - VC

A Christmas tree ornament that reenacts a pivotal moment in "The Empire Strikes Back" is as amazing as it is dorky. The intricate "Star Wars" ornament is sold by Hallmark.

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Why Devon Energy Stock Slumped 21% in the First Half of 2023

The Motley Fool

What happened Share of Devon Energy (NYSE: DVN) hugely underperformed the broader market in the first half of 2023, falling 21.4% according to data provided by S&P Global Market Intelligence. The S&P 500 index, meanwhile, gained 15.9%. Investors in the oil stock were a happy lot in 2022, when the company's cash flows and dividends surged upward due to high crude oil prices.

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I Quit My $120K Finance Job and Make More Money with YouTube Videos. I Wish I Never Drank the Corporate America Kool-Aid and Chased My Own Dreams Sooner.

Entrepreneur - VC

Vincent Chan left his $120,000 job in finance and became a full-time YouTuber. Now, he makes more money creating content than he did in the corporate grind. Here's how he does it.

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Here's What Happens When You Make a Small Down Payment on a House

The Motley Fool

Image source: Getty Images Buying a house is an expensive financial commitment. You'll likely need to get a mortgage lender to provide most of the funds necessary to purchase the property. And most mortgage lenders require you to make a down payment of some amount. Ideally, you will put down around 20% of the value of the home you are buying. But that's not reality for many people.

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Spectrio Acquires InReality

FinSMEs

Spectrio, a Tampa, FL-based provider of digital signage systems, acquired InReality, an Atlanta, GA-based provider of AI driven audience sensing and measurement technology. The amount of the deal was not disclosed. The acquisition of InReality complements Spectrio’s technology stack, which already included digital signage CMS software, content production, overhead music, on-hold messaging, scent marketing and Wi-Fi […] The post Spectrio Acquires InReality appeared first on FinSMEs.

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If You Invested $10,000 in Rivian 1 Month Ago, This Is How Much You Would Have Today

The Motley Fool

Long-term investing sometimes means holding on through difficult periods so that you can eventually benefit from the growth of a company's business. Some companies are riskier than others, though, so investors need to be careful, particularly with young companies in relatively new industries. For example, consider electric vehicle maker Rivian's (NASDAQ: RIVN).

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Quarterly Pattern of Earnings Have Returned to Normal

The Big Picture

Jim Reid of Deutsche Bank notes the pattern of gradual downgrades before earnings season begins is back to normal. As the rest of the quarterly earnings roll out, we should expect earnings to improve as we roll deeper into earnings season and as “later estimate beats” come in. This quarterly earnings pattern is shown above in the chart from his colleague Binky Chadha.

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2 Biotech Stocks That Could Make You Richer

The Motley Fool

When looking for stocks that can make one richer, investors often start with names they know. The problem is that the names they know also tend to be the names that everyone knows, and these stocks tend to be valued in such a way that they wouldn't be considered bargains. Voyager Therapeutics (NASDAQ: VYGR) and Zymeworks (NYSE: ZYME) are far from household names, but the two clinical-stage biotech companies could fairly be considered bargains, have already enriched some investors, and they are s

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Nomic AI Raises $17M in Series A Funding 

FinSMEs

Nomic AI, a NYC-based AI explainability and accessibility startup, raised $17m in Series A funding. The round was led by Coatue with participation from Contrary Capital, Betaworks Ventures, SV Angel, Story Ventures, and Factorial Capital. The company intends to use the funds to expand operations and its development efforts, doubling down on their commitment to open-source. […] The post Nomic AI Raises $17M in Series A Funding appeared first on FinSMEs.

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Why Nvidia Stock Hit a New High on Friday

The Motley Fool

In this video, I will discuss Nvidia (NASDAQ: NVDA) , why its stock price jumped on Friday, and why other peers like Advanced Micro Devices (NASDAQ: AMD) are also benefiting. 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 14, 2023. The video was published on July 14, 2023. 10 stocks we like better than Nvidia When our analyst team has a stock tip, it can pay to listen.

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