Fri.Mar 22, 2024

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Where Will Tesla Stock Be in 1 Year?

The Motley Fool

Fool.com contributor Parkev Tatevosian evaluates Tesla (NASDAQ: TSLA) stock and forecasts where it could end the year. *Stock prices used were the afternoon prices of March 20, 2024. The video was published on March 22, 2024. Where to invest $1,000 right now When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for two decades, Motley Fool Stock Advisor , has more than tripled the market.* They just revealed what they believe are the 10 best stocks

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AI and human intelligence make for better data

Private Equity Info

Leaders recognize the potential of Artificial Intelligence, and reports have been unanimous about the opportunity: AI will transform M&A, as it will everywhere, and investors are flocking.

Investors 220
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Billionaire David Tepper Is Selling Alphabet and Nvidia Hand Over Fist, but Is Buying These "Magnificent Seven" Stocks

The Motley Fool

Billionaire David Tepper likes artificial intelligence (AI) stocks -- the bigger, the better. Pick a megacap AI stock, and there's a pretty good chance that it's in the portfolio of his hedge fund, Appaloosa Management. Tepper isn't as big of a fan of some of these stocks as he is of others, though. The successful hedge fund manager has been selling shares of Nvidia (NASDAQ: NVDA) and Google parent Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) hand over fist, but he has been buying two other "Magnific

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Advent nearing $3bn deal to buy Canadian payments processor Nuvei

Private Equity Insights

Private equity firm Advent International is in advanced talks to buy Nuvei a Canadian payments technology company that has received financial backing from actor Ryan Reynolds. Advent’s buyout of Nuvei, which has a market capitalization of more than $3 billion, would make it one of the more sizable take-private deals at a time when private equity dealmaking has slowed.

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Great News for Intel Stock Investors!

The Motley Fool

In today's video, I discuss recent updates impacting Intel (NASDAQ: INTC) and its manufacturing endeavors. 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 March 21, 2024. The video was published on March 21, 2024. Should you invest $1,000 in Intel right now?

Investors 246
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Blackstone partners with Finnish S-Bank for European private credit fund

Private Equity Insights

Blackstone has partnered with Finland’s S-Bank to broaden access to its European private credit fund, with the latter creating a feeder fund that will invest its clients’ capital into the Blackstone European Private Credit Fund SICAV, according to a report by Alternative Credit Investor. Blackstone’s partnership with S-Bank follows those with Dutch bank ING and French multinational bank BNP Paribas, which similarly allow individual investors in those countries to access private credit.

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Ontario Teachers’ Pension Plan investing $80 million in India-based Perfios

Private Equity Insights

The Ontario Teachers’ Pension Plan’s late-stage venture and growth investment arm is investing $80 million in India-based financial software company Perfios. The company serves the banking, financial service and insurance industries across 18 countries and will use the investment to expand its international footprint. As part of the transaction, Darius Vakil, a director at Teachers’ Venture Growth, will join Perfios’ board.

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44% of Warren Buffett's $366 Billion Portfolio Is Invested in 3 Widely Owned Artificial Intelligence (AI) Stocks

The Motley Fool

For the better part of six decades, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett has been putting on a show for Wall Street and the investing community. Despite being fallible just like every other investor, the "Oracle of Omaha," as he's affably known, has overseen a monstrous aggregate gain in his company's Class A shares (BRK.A) of 4,995,105%, as of the closing bell on March 15.

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IFF to sell pharma unit to France’s Roquette in $2.85bn

Private Equity Insights

International Flavors & Fragrances said on Tuesday it would sell its pharma solutions business to French plant-based ingredients maker Roquette in a deal valued at $2.85 billion, as it looks to focus on higher-margin businesses. Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up The move comes at a time when IFF is seeing demand slow for its food ingredients and solutions business, especially from end-users such as consumer goods compani

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This "Magnificent Seven" Stock Just Hit an All-Time High for All the Right Reasons

The Motley Fool

Microsoft (NASDAQ: MSFT) is part of the "Magnificent Seven," a term first used by Bank of America analyst Michael Hartnett to describe seven massive tech-focused companies. Nvidia , Meta Platforms , and Amazon (which are also Magnificent Seven companies) have outperformed Microsoft so far this year. But Microsoft could be an even better buy going forward.

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Platinum Equity considers $2bn Club Car sale 

Private Equity Insights

Private equity firm Platinum Equity has hired advisers from investment bank Goldman Sachs in exploring a sale of golf cart manufacturer Club Car that could value the company at more than $2bn. The report cites unnamed sources in confirming that Platinum Equity is in the early stages of working with the Goldman Sachs advisers, as well as Club Car generating EBITDA of over $200m.

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Should Investors Buy GigaCloud Technology Stock Today?

The Motley Fool

Fool.com contributor Parkev Tatevosian evaluates GigaCloud Technology (NASDAQ: GCT) stock to determine whether investors should buy the growth stock today. *Stock prices used were the afternoon prices of March 19, 2024. The video was published on March 21, 2024. Should you invest $1,000 in GigaCloud Technology right now? Before you buy stock in GigaCloud Technology, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to

Investors 246
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Bain Capital completes the acquisition of Fabbrica Italiana Sintetici

Private Equity Insights

Molecules (BC) Bidco, a company controlled by funds managed by Bain Capital Private Equity, completed theacquisition of all issued shares and convertible bonds of FIS – Italian Synthetic Factory from Nine Trees Group (NTG). Bidco and Ntg have agreed on a vendor loan, which has no guarantee from FIS, with a later maturity than the notes and without requiring the payment of interest in cash.

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Meet the "Magnificent Seven" Stock Warren Buffett's Berkshire Hathaway Is Selling

The Motley Fool

The Magnificent Seven is a group of megacap companies collectively worth about $13 trillion. They account for roughly one-quarter of the S&P 500 and more than one-tenth of all publicly traded stocks by market capitalization. Alphabet Amazon Apple (NASDAQ: AAPL) Meta Platforms Microsoft Nvidia Tesla Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) owns just one Magnificent Seven stock.

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UpHealth Sells Cloudbreak Health for $180m to GTCR LLC

Private Equity Insights

UpHealth Inc. is one step closer to becoming a dedicated behavioral health company with the sale of a technology asset for $180 million. On March 15, the Delray Beach, Florida-based company completed the sale of its medical translation entity, Cloudbreak Health, to Chicago-based private equity firm GTCR LLC. Cloudbreak is headquartered in Columbus, Ohio.

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Forget SoundHound AI: Here Are 2 Artificial Intelligence (AI) Stocks That Are Undervalued

The Motley Fool

SoundHound AI has been red-hot on the stock market in 2024, with stunning gains of 288% so far. Investors have been buying shares of this voice artificial intelligence (AI) solutions provider hand over fist based on the belief that it could become the next big AI play. The company's revenue has been growing at an impressive pace, and it also boasts of a solid pipeline that could help it sustain its red-hot growth in the future.

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Carlyle closing in on deal for $1.5bn Thyssen unit

Private Equity Insights

Global private equity firm Carlyle Group is closing in on a deal to acquire a majority stake in Thyssenkrupp’s Marine Systems business at a value of about €1.5bn ($1.6bn) including debt, according to a report by Bloomberg. The report cites unnamed sources familiar with the matter as confirming that talks are progressing and that advanced discussions on terms of the proposed acquisition could begin as early as this week.

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3 Dividend-Paying Tech Stocks to Buy Right Now

The Motley Fool

Tech stocks are known more for their significant long-term growth than for their dividends. However, investing in a tech company with a reliable dividend can be an excellent way to expand your portfolio, benefiting from a high-growth industry and potential dividend reinvestment. Five of the six most valuable companies in the world are tech firms. The industry generates massive amounts of cash, allowing some larger firms to reward investors with more than just stock growth.

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Singapore’s Fullerton Raises $100m For Carbon Action Fund

Private Equity Insights

Singapore’s Fullerton Fund Management has raised S$100 million ($74.4 million) in the anchor close of its Fullerton Carbon Action Fund, a private equity vehicle. Seviora Group, a Singapore-based asset management group wholly owned by Temasek Holdings, and Income Insurance Limited, a Singapore insurer, are the anchor investors for this strategy, Fullerton said in a statement yesterday.

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Chipotle Is Finally Splitting Its Stock. Is It Time to Buy?

The Motley Fool

Chipotle Mexican Grill (NYSE: CMG) has been one of the best-performing stocks on the market since its initial public offering (IPO) in 2006, but despite gaining more than 5,000%, the stock had never once split. That's about to change. The burrito roller said after hours on Tuesday that its board of directors had approved a 50-for-1 stock split , which it said would be one of the biggest stock splits in the history of the New York Stock Exchange.

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Apollo makes $11bn Paramount Pictures bid

Private Equity Insights

Private equity major Apollo Global Management has made an $11bn offer to acquire Paramount Global’s Hollywood studio, Paramount Pictures, according to a report by Reuters citing an unnamed person with knowledge of the matter. Apollo’s offer comes as as an independent committee of the company’s board of directors is reviewing a bid from Skydance Media for all of Paramount Global, which also owns CBS, Comedy Central, Nickelodeon and the Paramount+ streaming service, through the acquisition of hold

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2 Unstoppable Tech Stocks to Take You From $100,000 to $500,000 and Beyond

The Motley Fool

It's officially a new bull market, and while artificial intelligence (AI) stocks have emerged as the biggest winners, there are other sectors that look primed to deliver significant gains as well. With interest rates expected to fall, the U.S. economy looking resilient, and the consumer continuing to spend, now is a great time to invest. Keep reading to see two stocks that could turn $100,000 into $500,000 over time.

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Ardian acquires data centre platform Verne in ÂŁ450m deal

Private Equity Insights

French private investment firm Ardian has completed the acquisition of the entire share capital of Verne, a data centre platform headquartered in the UK and diversified across Northern Europe, from investment trust Digital 9 Infrastructure (D9), in a deal worth up to ÂŁ450m. According to a stock exchange notice, London-listed D9 has received an initial ÂŁ325.8m from Ardian, with the trust also set for a ÂŁ19.5m deferred consideration payment and a potential earn-out payment of up to ÂŁ106m, subject

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Billionaires Are Buying Bitcoin: What Does It Mean for the Future Price of Bitcoin?

The Motley Fool

Just two years ago, it would have been close to impossible to find many billionaires seriously thinking about adding Bitcoin (CRYPTO: BTC) to their portfolios. But a lot has changed since then, including a crypto bull market and a wave of mainstream adoption powered by the new spot Bitcoin ETFs. As a result, a growing number of billionaires around the globe are now looking for ways to get exposure to Bitcoin.

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PAI Partners acquires Beautynova

Private Equity Insights

French private equity firm PAI Partners, through its PAI Mid-Market Fund, is to acquire a majority stake in global professional haircare platform Beautynova from BlueGem Capital Partners, a pan-European PE firm focused on non-discretionary consumer staples. Upon completion of the acquisition, PAI will be the majority shareholder owning a controlling stake, with BlueGem maintaining a significant shareholding alongside a syndicate of co-investors.

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Retiring Soon? 2 Overlooked Moves You Want to Make Now

The Motley Fool

If your retirement days are right around the corner, you're probably checking the box on things you need to do before you stop working. You've probably already thought about your health insurance needs and factored in Social Security benefits. But there are a few more items that you might want to add to your list to set yourself up for a stress-free retirement.

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KKR mulls $1bn EuroKids school chain sale

Private Equity Insights

KKR & Co is considering a sale of its controlling stake in Indian pre-school and early-learning provider EuroKids International for around $1bn, as well as other options for the business. The report cites unnamed sources as confirming that the US private equity firm is looking to hire financial advisers help evaluate a sale, although the process is at an early stage and KKR could still decide not to proceed with a deal.

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21% of Pre-Retirees Are Making This Move That Could Boost Their Social Security for Life. But Is It the Right Move for You?

The Motley Fool

No matter how diligently you try to save for retirement, you may end up pretty reliant on Social Security to cover your senior living expenses. If so, you won't be alone. But if that's the case, you may be eager to do everything in your power to get more money out of the program. In a recent MassMutual survey of Americans ages 40 and older, 21% of pre-retirees cited plans to delay Social Security.

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Goldman Sachs Asset Management raises over $700m for new fund

Private Equity Insights

Goldman Sachs Asset Management said on Thursday it had raised over $700 million for a new fund that will work with external managers to identify investment opportunities in both public and private markets. The fund, Union Bridge Partners I, will work together with private credit firms and hedge funds and is part of Goldman’s $340 billion External Investing Group.

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Dividend Stocks or Growth Stocks: Is Bank of America or SoFi Technologies the Better Stock to Buy?

The Motley Fool

In this video, Motley Fool contributor Jason Hall dives into Bank of America (NYSE: BAC) and SoFi Technologies (NASDAQ: SOFI). *Stock prices used were from the afternoon of March 19, 2024. The video was published on March 21, 2024. Should you invest $1,000 in SoFi Technologies right now? Before you buy stock in SoFi Technologies, 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 SoFi Technologies wasn’

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Oakley Capital acquires Horizons Optical

Private Equity Insights

Oakley Capital, a pan-European middle-market private equity investor, has announced that Oakley Capital Origin Fund I has acquired a majority stake in Horizons Optical, a provider of medical software used to manufacture premium ophthalmic lenses. Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up Origin will acquire the majority stake in the business along with CEO Santiago Soler, who will retain a significant stake in the business and conti

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2 Surefire Ways to Boost Your Retirement Savings in 2024

The Motley Fool

The first quarter of a new year is always a great time to hit the ground running on your goals. If beefing up your retirement savings is at the top of your list for 2024, you'll have a great opportunity to crush your goals if you develop a game plan now. You have until the end of the year to contribute to employer-sponsored retirement plans but you can tuck away cash into a 2024 IRA until April 15, 2025.

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Conduce Health Raises $3M in Seed Funding

FinSMEs

Conduce Health, a NYC-based multi-specialty value-based care marketplace providing solutions for primary care organizations and specialists, raised $3M in Seed funding. The round was led by Connecticut Innovations with participation from AlleyCorp, CityLight, and other strategic investors. The company intends to use the funds to expand operations and its business reach.

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2 Top AI Stocks Ready for a Bull Run

The Motley Fool

Most stocks related to artificial intelligence (AI) have been on quite the run in 2024, and many have crossed over into territory that investors might deem "overvalued." However, some of these companies are still fairly priced, and poised for bull runs of their own that could get their values caught up with those of their peers. I see two AI stocks in particular I think investors would be wise to scoop up now before the rest of the market catches on.

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