Sat.May 04, 2024

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Should You Take Social Security at Age 62, 67, or 70? A Comprehensive Study Offers a Transparent Answer

The Motley Fool

In March, the average retired worker brought home $1,913.31 from Social Security. While this might not sound like much, the guaranteed payments provided by America's top retirement program have ensured the financial well-being of our nation's retirees for more than 80 years. A recently updated analysis from the Center on Budget and Policy Priorities estimates the poverty rate for seniors aged 65 and above would be nearly 39% if Social Security didn't exist.

Education 246
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10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of coffee, grab a seat outside, and get ready for our longer-form weekend reads: • The Most Important Skill of the Future is Being ‘Indistractable’ How the difference between traction and distraction could transform your productivity. ( Nir and Far ) • this is a teenager : In 1998, a researcher named Vincent Felitti published a paper that drastically changeed the way we think about these kids and childhood.

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Could Palantir Technologies Be a $1 Trillion Stock by 2030?

The Motley Fool

There's a lot of hype and excitement around Palantir Technologies (NYSE: PLTR) these days; in just the past 12 months, its shares have surged by 190%. The data analytics company has some promising growth prospects, particularly when it comes to artificial intelligence (AI). Many investors are hopeful that the company can be the next big name in tech.

Prospects 246
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How Goldman grew up: 25 years since Wall Street’s elite firm went public

Financial Times - Banking

Lloyd Blankfein, Hank Paulson, David Solomon and others on what has changed since its seminal listing in 1999

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Where Will SoFi Stock Be in 1 Year?

The Motley Fool

There aren't too many deals on the market today. Tech stocks with massive potential trade at high multiples, and investors have to wonder whether those stocks are worth their current asking prices. At the same time, there are plenty of value stocks trading at low prices but offering lower growth potential. Smart investors seek out those rare opportunities where high-growth stocks are trading at dirt-cheap valuations.

Banks 246
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Asda’s owners piled on £1.5bn of liabilities to fund petrol station deal

Financial Times M&A

Issa brothers and private equity firm TDR used property sale and leasebacks as well as borrowing against ground rents

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KKR to invest in Encavis AG to accelerate the Company’s long-term growth

KKR

KKR announces the signing of an Investment Agreement with Encavis as part of a takeover offer. The Management Board and the Supervisory Board of Encavis are fully supportive of the strategic partnership and intend to recommend that all shareholders accept the offer.

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Warren Buffett Discusses Apple, Cash, Insurance, Artificial Intelligence (AI), and More at Berkshire Hathaway's Annual Meeting

The Motley Fool

Tens of thousands of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) investors flocked to Omaha this past week for the annual tradition of listening to Warren Buffett muse over the conglomerate's business, financial markets, and over 93 years of wisdom on life. But this year's meeting felt different. Longtime vice chairman Charlie Munger passed away in late November.

Taxes 246
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KKR to support Ottobock with capital solution

KKR

London and Frankfurt, 15 March, 2024 – KKR, a leading global investment firm, announces today that a consortium of investors, co-led by KKR, has agreed to provide a €1.1 billion financing solution to support the future growth of Ottobock (the “Company”), a global market leader in prosthetics. The financing will also support existing majority shareholder Professor Hans Georg Näder and the Näder Family’s buy back of EQT’s shareholding in the business.

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Ready to Invest in Artificial Intelligence in 2024? 2 Stocks to Buy and Hold for Decades (Hint: They're Not Nvidia)

The Motley Fool

Artificial intelligence (AI) is probably the most talked-about investment area right now -- and for good reason. The AI market is expected to expand at a double-digit compound annual growth rate over the next few years to reach more than $1 trillion by 2030. That means many companies -- and those who invest in them -- may benefit. On top of this, AI is generating excitement because it offers concrete examples of how it could save companies time and money.

Investing 246
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KKR Invests in Avantus to Support Renewable Energy Deployment in the United States

KKR

Transaction Marks First U.S. Investment from KKR’s Global Climate Strategy NEW YORK--(BUSINESS WIRE)-- Today, KKR, a leading global investment firm, announced the signing of a definitive agreement pursuant to which investment funds and accounts managed by KKR agreed to acquire a majority stake in Avantus, a premier U.S. developer of large utility-scale solar and solar-plus-storage projects.

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Meet the Newest Artificial Intelligence (AI) Stock in the S&P 500. It Soared 1,700% in 2 Years, and Wall Street Says the Stock Is Still a Buy

The Motley Fool

The S&P 500 (SNPINDEX: ^GSPC) is the most popular benchmark for the U.S. stock market. The index includes 500 large-cap companies, currently defined as companies worth at least $18 billion, and it covers about 80% of domestic equities by market capitalization. To be considered for inclusion, a company must also be profitable, and its stock must be sufficiently liquid.

Banks 246
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KKR Announces Intra-Quarter Monetization Activity Update for the First Quarter

KKR

NEW YORK--(BUSINESS WIRE)-- KKR today announced a monetization activity update for the period from January 1, 2024 to March 21, 2024. Based on information available to us as of today, with respect to the period through March 21, 2024, KKR has earned total realized performance income, including realized incentive fees, and total realized investment income in excess of $350 million.

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Is Advanced Micro Devices Stock Going to $230? 1 Wall Street Analyst Thinks So

The Motley Fool

Shares of Advanced Micro Devices (NASDAQ: AMD) have sold off following the company's first-quarter earnings announcement on April 30. The company's revenue was consistent with expectations, but investors were looking for a stronger outlook for the data center business. KeyBanc analyst John Vinh lowered his price target on the shares from $270 to $230.

Returns 246
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KKR & Co. Inc. Announces 2024 Investor Day

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) will hold an investor day for the investment community on Wednesday, April 10, 2024 with remarks from 8:00 am to 1:00 pm EDT. The day will feature presentations by KKR’s business leaders. A live webcast as well as related presentation materials will be available to all interested parties through the Investor Center section of KKR’s website.

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Social Security Has a Big Financial Problem. Here's What Lawmakers Might Do About It

The Motley Fool

If you're someone who's worried that Social Security won't be around to pay you benefits during retirement, you're not alone. Many people fear that the program's financial woes will affect their future finances for the worse. So let's start with the good news, which is that Social Security is not in danger of going away completely. The program gets the bulk of its funding from payroll tax revenue.

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Weave Living and KKR Establish Urban Living Strategic Partnership in South Korea

KKR

The venture will target to build an initial portfolio of c.1,200 units primarily in Seoul SEOUL, South Korea--(BUSINESS WIRE)-- WEAVE LIVING (“Weave”), Asia Pacific’s preeminent living sector specialist, and KKR, a leading global investment firm, today announced the establishment of a strategic partnership to invest in rental housing assets in South Korea, with a focus on Seoul.

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Annaly Capital Management's Total Return Won't Pay the Bills

The Motley Fool

The most attractive feature of real estate investment trust (REIT) Annaly Capital Management (NYSE: NLY) is its humongous 13.7% dividend yield. That's why most investors will want to buy it, given that the average yield on the S&P 500 Index is about 1.3% and the average REIT is yielding only about 4%, using Vanguard Real Estate ETF (NYSEMKT: VNQ) as a proxy.

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SunFire Announces Investment from KKR

KKR

NEW YORK--(BUSINESS WIRE)-- SunFireMatrix, Inc. (“SunFire” or the “Company”), a leading software and tech-enabled services platform serving the insurance distribution and health plan markets, announced today that it has been acquired by funds managed by KKR, a leading global investment firm. Funds managed by Stone Point Capital LLC, the Company’s previous majority owner, will continue to be a.

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This Bill Would Promote Financial Literacy for Thousands of Military Children

The Motley Fool

Image source: Getty Images Many young adults are woefully unprepared to manage their personal finances. One approach to solving what some are calling a financial literacy crisis is to supplement the education that American children already receive. Implementation of financial literacy programs is typically left to state governments, but one House bill would mandate such a program in Department of Defense schools, and bring financial education to tens of thousands of students.

Education 246
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Guesty Raises $130M to Accelerate Global Expansion

KKR

New York, NY, April 10, 2024 - Guesty, the leading property management software platform for the short-term rental (“STR”) and hospitality industry, today announced a $130M Series F funding round led by leading global investment firm KKR.

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Most Americans Turning 65 Between 2024 and 2030 Aren't Financially Prepared for Retirement. Do This if You Fall Into That Category

The Motley Fool

In the coming years, the U.S. workforce will undergo a pretty notable shift as baby boomers retire in droves. During the period from 2024 to 2030, an estimated 30.4 million Americans will reach the age of 65, an age often associated with retirement. And while, in one regard, that could open up opportunities for younger members of the labor force, it could also be the beginning of a major financial crisis among older folks.

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KKR & Co. Inc. to Announce First Quarter 2024 Results

KKR

NEW YORK--(BUSINESS WIRE)-- KKR & Co. Inc. (NYSE: KKR) announced today that it plans to release its financial results for the first quarter 2024 on Wednesday, May 1, 2024, before the opening of trading on the New York Stock Exchange. A conference call to discuss KKR’s financial results will be held on Wednesday, May 1, 2024 at 10:00 a.m. ET. The conference call may be accessed by dialing (877).

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This Overlooked AI Stock Is Stronger Than It Has Ever Been

The Motley Fool

Brookfield Infrastructure (NYSE: BIP) (NYSE: BIPC) operates a globally diversified portfolio of infrastructure assets. The company's pipelines, ports, transmission lines, and railroads are part of the backbone of the global economy. That focus on the real economy has caused many investors to overlook the inroads it has made in building out the backbone of the digital economy.

Assets 246
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KKR and Impilo Announce Strategic Partnership Together With Management in Rare Disease Platform Immedica Pharma

KKR

STOCKHOLM & LONDON--(BUSINESS WIRE)-- Investment funds managed by KKR, a leading global investment firm, have agreed to acquire Immedica Pharma, a pharmaceutical company headquartered in Stockholm, Sweden, focused on the commercialization of medicines for rare diseases and specialty care products. Existing owner, Nordic healthcare investment firm Impilo, will reinvest to become an equal owner.

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Google Parent Company Alphabet Just Proved Why Dividends Matter, Even for Growth Stocks

The Motley Fool

Just one quarter after Meta Platforms announced its first-ever dividend payout, Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) joined Meta, Microsoft , and Apple to become the fourth "Magnificent Seven" company to reward shareholders with a quarterly dividend. Nvidia technically pays one too, but at a negligible 0.02% yield, it's a nonfactor to investors. Alphabet's dividend will start at just $0.20 per share, but the company said it intends to sustain this quarterly payout into the future, meaning it

Companies 245
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Acceptance period for KKR’s voluntary public takeover offer for ENCAVIS AG commences

KKR

24 April 2024 – Elbe BidCo AG (the “Bidder”), a holding company controlled by investment funds, vehicles and accounts advised and managed by Kohlberg Kravis Roberts & Co. L.P. and its affiliates (collectively, “KKR”), today published the offer document for its voluntary public takeover offer (the “Takeover Offer”) for the shares (ISIN: DE0006095003) of ENCAVIS AG (“Encavis”) following the approval by the German Federal Financial Supervisory Authority (“BaFin”).

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Move Over, Mounjaro. Eli Lilly Has Another Blockbuster in the Making

The Motley Fool

The pharmaceutical industry is currently experiencing something of a renaissance thanks to the rise of blockbuster medications called glucagon-like peptide-1 (GLP-1) agonists. Perhaps the most well-known GLP-1 drugs are diabetes medication Ozempic and obesity care treatment Wegovy. Danish pharmaceutical giant Novo Nordisk is the maker of both. However, Eli Lilly (NYSE: LLY) is making a name for itself in the diabetes and chronic weight management markets.

Returns 245
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KKR to Acquire $1.64 Billion Student Housing Portfolio from BREIT

KKR

NEW YORK--(BUSINESS WIRE)-- KKR and Blackstone Real Estate Income Trust, Inc. (“BREIT”) today announced a definitive agreement for funds managed by KKR to acquire a portfolio of 19 purpose-built student housing properties from BREIT for approximately $1.64 billion. The over 10,000-bed portfolio is comprised of 19 purpose-built, premium student housing assets anchored to 14 leading four-year.

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3 High-Yield Dividend Stocks to Buy Now and Hold at Least a Decade

The Motley Fool

The first-quarter earnings season has reached a crescendo. Among companies that reported recently are a handful of dividend-paying businesses that offer dividend yields above 4% at recent prices. Some investors are interested in stable, predictable cash flows, while others insist on rapid dividend growth. Read on to see how these stocks have a little something for everyone.

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European Value-for-Money Optical Platform nexeye to be Acquired by KKR from 3i, Accelerating its Strategic Growth Ambitions

KKR

Gorinchem (NL) / London (UK), 25 April 2024 – nexeye (the “Company” or “Group”) today announced that a definitive agreement has been signed whereby investment funds and accounts managed by KKR agreed to acquire the Company from investment firm 3i Group plc.

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Social Security COLA Prediction 2025: 3 Things to Know Right Now

The Motley Fool

Social Security benefits can go a long way in retirement, and most beneficiaries look forward to getting a raise each year via the cost-of-living adjustment (COLA). Each October, the Social Security Administration (SSA) announces the COLA for the upcoming year. The COLA for 2024 was 3.2%, meaning beneficiaries received a 3.2% boost in benefits starting in January.

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MEDIAWAN ANNOUNCES COMBINATION WITH LEONINE, ONE OF THE LARGEST INDEPENDENT STUDIOS IN THE GERMAN-SPEAKING MARKET

KKR

Paris and Munich, April 28th, 2024 - Mediawan and Leonine Studios ("Leonine") today announced the signing of a definitive agreement for Leonine to combine forces with Mediawan in an all-stock transaction. The combination will foster even closer collaboration between the businesses and establish Mediawan as a premier studio with a global presence across 13 countries, 85 labels, a catalogue of ~30,000 hours of premium content and revenue exceeding €1 billion.

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Great News for Nio Stock Investors

The Motley Fool

Fool.com contributor Parkev Tatevosian discusses what the latest news could mean for Nio (NYSE: NIO) stock investors. *Stock prices used were the afternoon prices of May 1, 2024. The video was published on May 3, 2024. Should you invest $1,000 in Nio right now? Before you buy stock in Nio, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nio wasn’t one of them.

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